H.I.G. Capital enters a definitive agreement to acquire CGH Group

H.I.G. Capital Signs Definitive Agreement to Acquire CGH Group

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $64 billion of capital under management, announce that an affiliate has signed a definitive agreement to acquire CGH Group S.A. (“CGH” or the “Company”), a leading manufacturer of large, engineered storage tanks and tank accessories in EMEA. The transaction is subject to clearance by antitrust […]

IOTech teams up with Advantech to advance edge data processing

IOTech Partners with Advantech to Speed Adoption of Advanced Technologies in Manufacturing and other Industrial Sectors

IOTech, the leader in open edge computing, yesterday announced its new partnership with Advantech, leading provider of industrial Internet of Things (IoT) hardware and automation technology, to deliver advanced edge data processing solutions for smart manufacturing and industrial automation. The partnership will enable a new range of integrated edge hardware and software solutions for manufacturers to […]

Medtronic appoints Ken Washington as the new Chief Technology and Innovation Officer

Medtronic

Medtronic plc yesterday announced that Ken Washington, Ph.D., has been appointed Medtronic’s Chief Technology and Innovation Officer. In this newly created role, Dr. Washington will leverage his extensive experience leading technology development and execution across industries including robotics, consumer products, automotive, and space, to accelerate innovation-driven growth in service of the company’s mission to alleviate pain, […]

FiveTran To Acquire HVR And Raises $565 Million in Series D Funding

Fivetran, the leading provider of automated data integration, today announced it has entered into a definitive agreement to acquire HVR, a leading provider of enterprise data replication technology. The acquisition will allow Fivetran to provide breakthrough database replication performance along with enterprise-grade security to address the massive market for modernizing analytics for operational data associated […]