ProMed Pharma announces acquisition of SpineThera
SpineThera, Inc., a privately held, clinical-stage pharmaceutical company focused on the development of SX600 (1a novel formulation of extended-release dexamethasone microspheres for epidural injection for the management of lumbar radicular pain) and ProMed Pharma LLC, a leading contract manufacturer of polymer-based drug releasing dosage forms and combination device components, announced yesterday that ProMed Pharma has acquired […]
NASA awards Astrolab a Contract worth USD 1.9Bln
Venturi Astrolab, Inc. (Astrolab) announced that NASA has awarded the company, together with its teammates Axiom Space, Inc., and Odyssey Space Research, a contract to advance the development of the Lunar Terrain Vehicle (LTV) which will help Artemis astronauts explore more of the Moon’s surface on future missions. The Astrolab team is one of three […]
First Northern Bank appoints Brett Hamilton as Chief Credit Officer
First Northern Bank announces the appointment of Brett Hamilton as its new Executive Vice President and Chief Credit Officer. Retiring Chief Credit Officer, Joe Danelson, will serve as Executive Vice President until April 5, 2024, to ensure a smooth transition and continuity of operations. With more than 25 years of experience in the banking industry, […]
SLB inks agreement to acquire ChampionX
SLB and ChampionX Corporation recently announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of […]
QRAFT Technologies announces a strategic technical collaboration with FSITC
Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, announces a strategic technical collaboration with First Securities Investment Trust Co., LTD (FSITC), a distinguished asset management firm. The partnership’s goals will be to develop new tools for investment management through the joint development of sophisticated AI and deep learning algorithms. These initiatives will look […]
Credo Technology Group appoints Clyde Hosein to its Board of Directors
Credo Technology Group Holding Ltd, an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, yesterday announced the appointment of Clyde Hosein to the Company’s board of directors effective April 3, 2024. “Clyde’s appointment to the Credo board underscores […]
Imaginuity welcomes Matt Sommer Chief Technology Officer
Imaginuity has named Matt Sommer as its Chief Technology Officer. Sommer, an experienced executive and technologist, has spent 25 years in every aspect of managing and growing organizations, including fostering innovation, pioneering and evangelizing product vision, and leveraging data and analytics. He is uniquely suited to Imaginuity’s mission to blend imaginative thinking, innovative technology, and uncommon […]
Yahoo announces the acquisition of Artifact
Yahoo yesterday announced that it has acquired Artifact, the AI-driven news aggregation and discovery platform created by Instagram cofounders, Kevin Systrom and Mike Krieger. Artifact will no longer operate as a standalone app, but the proprietary AI-powered personalization technology and other features will be integrated across Yahoo, including the Yahoo News app, in the months […]
Aspen Power acquires solar portfolio spanning New York and Pennsylvania
Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced yesterday that it has acquired eight ground-mounted solar projects in Pennsylvania and New York State from Solar Site Developers. These sites, totaling more than 41 megawatts of direct current (MWdc) projects. The projects have been acquired by Aspen Power from […]
5 Domains of Digital Technology That Are Facilitating Organisational Transformation
The global business landscape has undergone a seismic shift in recent years, largely driven by the rapid evolution and integration of digital technology. This revolution involves more than just adopting new tools or platforms; it’s fundamentally changing how companies operate. The impetus for this change is clear: digital technology solutions offer unprecedented opportunities to streamline […]
