IDEX Corporation completes acquisition of Iridian Spectral Technologies
IDEX Corporation (NYSE:IEX) today announced that it has completed its previously-announced acquisition of Iridian Spectral Technologies (“Iridian”), one of the global leaders in designing and manufacturing thin-film, multi-layer optical filters. Based in Ottawa, Ontario, Canada, Iridian has proven expertise in optical filter design and production, serving the laser communications, telecommunications, and life sciences markets. Iridian […]
Josephine Moran to succeed Kathy Underwood as the CEO of Ledyard Bank
Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on […]
Saudi Fund for Development signs contribution agreement with the Global Fund
Under the direction of the Guardian of the Two Holy Sites, King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman Al Saud, the Saudi Fund for Development (SFD) recently signed on behalf of the Kingdom of Saudi Arabia a multi-year contribution agreement worth US$39 million with the Global Fund to Fight […]
Allen & Overy and Shearman & Sterling merger to form a global law firm
Allen & Overy and Shearman & Sterling yesterday announced a planned merger to create a unique global law firm named Allen Overy Shearman Sterling – A&O Shearman for short. This merger will combine two of the world’s most prestigious law firms, leaders in their respective markets, to create an integrated global elite firm. Together A&O Shearman will […]
Mitsubishi Electric and Movensys announce partnership
Mitsubishi Electric Corporation (Headquariyoda-ku, Tokyo, President and CEO: Kei Uruma, “Mitsubishi Electric”) and MOVENSYS Inc. (Headquarters: Seongnam, Gyeonggi-do, Korea, CEO: Pyongwon Pak/Japan Corporation: Tachikawa, Tokyo, “Movensys”) jointly announced today that they have entered into a business partnership to strengthen collaboration in their respective AC servo and motion control businesses. As part of the agreement, Mitsubishi […]
Iridium adds to constellation resilience with launch of spare satellites
Iridium Communications Inc. announced yesterday a key milestone in its long-term constellation resilience and redundancy planning, with the successful launch and deployment of five spare satellites. This launch brings the total number of spare Iridium® satellites on orbit to 14. In total, 81 next-generation Iridium satellites were built, and 80 of them have now been […]
SUNMI launches 3rd generation POS terminal
SUNMI has pre-launched its 3rd generation POS terminal at the National Restaurant Association Show 2023 in Chicago, booth 5561. The pre-launch includes three flagship new products: SUNMI V3 MIX, SUNMI T3 PRO, and SUNMI T3 PRO MAX. SUNMI V3 MIX is an innovative POS terminal with 10″ high-resolution display and a built-in printer make it […]