Trees Corporation to acquire Green Tree assets to expand its footprint
  Author: Pranali Mehta

Cannabis Company, TREES CORPORATION, is delighted to announce that it has entered into a definitive agreement to take over the Green Tree Berthoud and Green Tree Longmont dispensaries in the Colorado state, around 34,0...

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Walmarts first-quarter profit hit by surging fuel and labor cost
  Author: Shreshtha Dhatrak

Walmart Inc. reported lower-than-expected earnings which sent its shares down by more than 8%. The company claims that its profits were predominately hampered by inflation, especially the surging fuel and labor costs.  Like other reta...

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JetBlue eyeing hostile takeover of low-cost carrier Spirit Airlines
  Author: Pranali Mehta

JetBlue Airways has reportedly filed a hostile takeover attempt for Spirit Airlines after the low-cost carrier rejected a USD 3.6 billion acquisition deal to merge with Frontier Airlines. JetBlue, which had offered USD 30 per share to Spir...

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Caffé Nero dismisses acquisition bid from billionaire Issa brothers
  Author: Pranali Mehta

British coffee house brand, Caffé Nero, has reportedly rejected an acquisition bid from EG Group’s Issa brothers. The offer was reportedly made by the duo on Sunday. However, given that Caffé Nero i...

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Monaker Announces Acquisition of 33% Equity Stake in Axion Ventures
  Author: Shreshtha Dhatrak

Monaker Group, Inc., a pioneer in providing vacation and travel rental booking technology, has accounted for the completion of the acquisition of a 33% equity stake in Axion Ventures, In. which is a majority owner of T...

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AMP-Schroll enter deal to supply EU-GMP certified cannabis flower
  Author: Shreshtha Dhatrak

AMP German Cannabis Group Inc., the producer of a wide range of medical cannabis, has entered a non-exclusive, 3-year agreement with Schroll Medical ApS. The deal is regarding the supply of bulk & packaged EU-GMP c...

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Stealth Technologies Signs a Six-Month Deal with Planck AeroSystems
  Author: Shreshtha Dhatrak

Stealth Technologies, a subsidiary of Strategic Elements signed a six-month agreement with the drone tech firm, Planck AeroSystems. In this collaboration, the companies will together work on enabling drones to launch a...

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Payment services firm Nets Group acquires CCV Group’s CCV Schweiz
  Author: Pranali Mehta

Nets Group, a renowned European payment security and solutions provided, has reportedly acquired CCV Schweiz, a CCV Group subsidiary based in the Netherlands. CCV Group offers self-service cashless payment solutions. T...

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FirstClose launches its FirstClose ONE digital lending platform
  Author: Pranali Mehta

FirstClose, a renowned Fintech lending solutions provider for lenders, credit unions, and banks across the U.S., has reportedly announced the launch of its FirstClose ONE DLP (Digital Lending Platform), the first ever ...

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Celonis acquires Integromat to strengthen automation capabilities
  Author: Shreshtha Dhatrak

Celonis, a software company, has recently announced the acquisition of a developer of automated workflows, Integromat. The takeover deal will enable the company to deepen the automation capabilities of its Celonis Exec...

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HEC Montreal partners with X2O Media to offer engaging online classes
  Author: Shreshtha Dhatrak

Considering that the ongoing COVID-19 pandemic has significantly disrupted the lifestyle of people worldwide, the online world has come to the rescue. Among many renowned institutes that have shifted their base to virt...

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Helios Infrastructure acquires the biggest solar project in Louisiana
  Author: Pranali Mehta

Helios Infrastructure, a JV between Nationwide and Sol Systems, has reportedly acquired Louisiana’s largest solar power project, located in the West Baton Rouge Parish. The expansive 50 MW (megawatt) system is no...

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Compass Diversified enters into an agreement with BOA Technology
  Author: Shreshtha Dhatrak

Leading middle market businesses owner, Compass Diversified, has reportedly signed a definitive agreement for the takeover of BOA Technology Inc., for a sum of $454 million. BOA Technology is renowned for the developme...

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BayWa r.e. announces acquisition of U.S-based Enable Energy, Inc.
  Author: Shreshtha Dhatrak

BayWa r.e., one of the leading renewable energy firms with expertise in the onshore wind sector, has reportedly acquired Enable Energy Inc. (EEI) in a bid to strengthen its growth and footprints in the Americas. ...

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Reliance Jio to deploy over 100 million affordable smartphones
  Author: Shreshtha Dhatrak

Reliance Industries Ltd, the renowned international conglomerate’s telecom division, has reportedly announced that it is planning to outsource the production of more than 100 million affordable smartphones. These...

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Vibe announces acquisition of CHAC to expand cannabis products line
  Author: Shreshtha Dhatrak

Vibe Bioscience Ltd., the U.S-based vertically integrated cannabis company, has reportedly inked an agreement to acquire Cathedral Asset Holding Corporation (CHAC) and its manufacturing and distribution assets in Santa...

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IAS rolls out ‘Context Control’ for online content classification
  Author: Shreshtha Dhatrak

Digital ad verification major, Integral Ad Science (IAS), has reportedly announced the launch of ‘Context Control’, the company’s sophisticated new suite of suitable and brand safety solutions. These ...

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NIO sets up new battery asset company, Wuhan Weineng Battery Asset Co.
  Author: Shreshtha Dhatrak

Wuhan Weineng Battery Asset Co., a battery asset management company led by NIO, has recently been established. This NIO-led company has registered a market capital of RMB 800 million, which is represented by Shen Fei, ...

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Mycropore announces purchase orders from 2 leading chip manufacturers
  Author: Shreshtha Dhatrak

Mycropore Corporation Ltd., a leading micro-contamination control & filtration solution provider, has recently announced the receipt of repeat POs (purchase orders). These repeat purchase orders are from 2 leading ...

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Peck enters agreement to acquire Sunworks & drive presence in U.S.
  Author: Shreshtha Dhatrak

The Peck Company, a construction engineering company, has reportedly entered an agreement to acquire Sunworks, a commercial solar company. Following this all-stock transaction, the stakeholders of Sunworks are expected...

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MRI acquires MacMunnis to expand MRI @Work for corporate occupiers
  Author: Shreshtha Dhatrak

MRI Software, a real estate and investment management software provider, has reportedly acquired a service company that offers lease administration solutions, MacMun...

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7-Eleven acquires 3,900 Speedway stores for $21 billion in cash
  Author: Shreshtha Dhatrak

7-Eleven, Inc., has reportedly announced that it has entered into an agreement for the acquisition of Speedway convenience store chain from Marathon Petroleum Corporation for a sum of around $21 billion. The deal compr...

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Alliant acquires Senior Market Sales to expand benefits platform
  Author: Shreshtha Dhatrak

Alliant Insurance Service, Inc., a U.S-based finance company, has inked an acquisition agreement with prominent insurance marketing organization (IMO), Senior Market Sales, Inc. (SMS). Reports claim that the purchase w...

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Metcash signs agreement to buy 70% stake in Total Tools for $57M
  Author: Shreshtha Dhatrak

Australian conglomerate, Metcash, has reportedly announced that it has entered into an agreement for the acquisition of 70 per cent stake in Total Tools for an approximate sum of $57 million. Metcash had first announce...

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Silk Way West Airlines extends its ULD contract with ACL Airshop
  Author: Pranali Mehta

Silk Way West Airlines, a prominent cargo carrier airline based in Azerbaijan, recently signed a five-year ULD (Unit Load Device) extension agreement with ACL Airshop, the top-most international service partner for cus...

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Deutsche Telekom and Ericsson strike a new 5G RAN deal in Germany
  Author: Shreshtha Dhatrak

Deutsche Telekom AG, and Ericsson, two of Europe’s leading telecommunication service providers, have reportedly announced that they have further consolidated their partnership through a new multi-year agreement t...

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Siemens signs agreement to acquire Avatar Integrated Systems
  Author: Shreshtha Dhatrak

Siemens has reportedly inked an agreement to acquire Avatar Integrated Systems, a California-based software company. Avatar’s software assists engineers in optimizing the PPA ...

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Product review & UGC solutions provider Bazaarvoice acquires Curalate
  Author: Pranali Mehta

Bazaarvoice, the leading product reviews as well as UGC (user-generated content) solutions provider, has reportedly announced that it has acquired Curalate, a company that provides UGC, shoppable social, and influencer...

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Intriva acquires Lending Works to venture into new areas & products
  Author: Shreshtha Dhatrak

Intriva Capital, an investment firm, has reportedly acquired a UK peer-to-peer lending platform, Lending Works. Following the completion of this deal, the company is planning to provide additional capital and funding t...

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Beyond Meat-Alibaba ink partnership to enter retail stores in China
  Author: Pranali Mehta

Beyond Meat Inc., a plant-based meat substitute producer, has reportedly entered a partnership deal with an e-Commerce company, Alibaba Group Holding Limited. The partnership happened along the heels of the deals signe...

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XP acquires Antecipa’s majority stake for cash management optimization
  Author: Pranali Mehta

XP Inc., an investment management company, has reportedly announced a majority stake acquisition in Antecipa. Developed as a digital platform, the main objective of Antecipa is to serve companies with efficient alterna...

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Atos acquires Alia Consulting to hold leading position in E&U sector
  Author: Pranali Mehta

Atos, a multinational information technology company, has reportedly inked an agreement to acquire leading IT consulting company, Alia Consulting in France. The acquisition of Alia via Worldgrid, Atos’s subsidiar...

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Bittrex announces acceptance of Mastercard to fund user accounts
  Author: Pranali Mehta

Bittrex, a U.S.-based cryptocurrency trading platform, has recently announced its acceptance of Mastercard as a means of funding the user accounts. Mastercard payments made from 36 ...

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iCapital declares buyout of Well Fargo’s alternative fund platform
  Author: Shreshtha Dhatrak

The acquisition is set to bolster iCapital’s leading position in offering the financial advisors with cutting edge technology platform and access to alternative investments. ...

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Merck Animal Health gets Quantified Ag; acquisition done & dusted
  Author: Shreshtha Dhatrak

In what is being as a perceived as a major news in livestock industry, Merck Animal Health has announced the completion of the acquisition of Quantified Ag®. The acquisition had been over not before Merck Animal He...

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NEIF acquires resilience & roofing insurance platform MyStrongHome
  Author: Pranali Mehta

The NEIF (National Energy Improvement Fund), a renowned, Certified B-Corp™ lender that finances energy efficiency programs, has reportedly announced that it has acquired MyStrongHome PBC’s assets along with...

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Lockheed, TAQNIA to build new ground systems for Saudi Arabia
  Author: Shreshtha Dhatrak

TAQNIA, the Saudi investment and technology development company, has recently joined forces with U.S. aerospace and defense company, Lockheed Martin to develop and deploy the latest ground segment for the commercial an...

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VMware agrees to acquire Lastline to enhance network threats detection
  Author: Pranali Mehta

VMware Inc., a publicly traded software giant, has recently agreed to purchase Lastline Inc., an American cyber security company. The purchase deal will help the company detect sophisticated cyber and network threats....

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NI announces plans to buy data analytics s/w developer OptimalPlus
  Author: Pranali Mehta

Leading software-defined platform provider for automated measurement systems, National Instruments Corporation has reportedly announced its acquisition of global data-analytics software major OptimalPlus Limited. Natio...

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GE inks an agreement to sell its Lighting business to Savant Systems
  Author: Pranali Mehta

GE has recently announced that it has inked a definitive agreement in order to sell out its entire Lighting business over to Savant Systems, Inc., which a leading firm in providing professional smart home spaces. The d...

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Nokia, KDDI team up to deliver fully cloudified RAN solution for 5G
  Author: Pranali Mehta

Nokia has recently announced that it has been working with KDDI, a Japanese mobile operator, in a joint initiative that is mainly aimed at delivering a completely cloudified RAN solution. The planned Proof of Concept (...

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Hims & Hers offers access to primary care in the Spanish language
  Author: Pranali Mehta

v, the American company offering a modern approach to health and wellness, has reportedly launched access to primary care in the Spanish language. According to sources, America has ...

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MAI Capital Management buys Grisanti & expands footprint in NYC
  Author: Pranali Mehta

MAI Capital Management, LLC, an investment advisor registered as an independent firm that specializes in comprehensive wealth management for both families as well as individuals with high net worth, has recently announ...

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Skrill to become AC Milan’s official global payments partner
  Author: Pranali Mehta

The prominent Italian football club, AC Milan has recently shared details of its four-year partnership agreement with UK-based e-commerce company Skrill. Reportedly, AC Milan had signed this deal with Skrill a few week...

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Swoop eyes cross-sell opportunities via acquisition of DCSI & Anycast
  Author: Pranali Mehta

Swoop, formerly known as Cirrus Communications, is reportedly eyeing new opportunities for wholesale cross-selling, following the dual acquisition of DCSI and Anycast Networks. The ...

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Gulf Insurance Group buys $4.25 Million stake in Yallacompare
  Author: Shreshtha Dhatrak

Being one of the most diversified insurance groups, Gulf Insurance Group (GIG) holds a prominent position in North Africa and the Middle East region. Recently, the insurance company decided to strengthen its foothold b...

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Orion acquires Tekmark to strengthen software development skills
  Author: Pranali Mehta

Orion Innovation, a business & technology services firm, has recently announced the acquisition of the IT, telecom services, and business solutions provider, Tekmark Global Solutions. The deal will significantly en...

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Diamond Pharma buys PharmaCentral to expand PV services in Europe
  Author: Pranali Mehta

Diamond Pharma Services, renowned regulatory affairs and technical services consulting group, recently announced that Diamond PV Services, its Pharmacovigilance division, has acquired PharmaCentral, which is a novel medical affairs and pharmacovig...

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Riot Games announces the successful acquisition of Hypixel Studios
  Author: Pranali Mehta

The maker of League of Legends, Riot Games, Inc., has recently announced the completion of the acquisition of Hypixel Studios. For the uninitiated, Hypixel Studios is a computer game developer that started its business...

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Gousto raises $41Mn to enhance business capacity amidst lockdown
  Author: Shreshtha Dhatrak

London-based meal-kit service, Gousto has recently bagged around $41 million in funding aimed at building more capacity to meet rising consumer demand, expanding next-day delivery capabilities, and furthering investmen...

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Toyota Australia buys dealer management provider Revolution Software
  Author: Pranali Mehta

Toyota Australia has recently made an announcement that it has acquired Revolution Software, a software developer based in Sydney. Revolution, a Toyota supplier has offered a dealer...

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Kohl’s extends closure period of its stores in response to COVID-19
  Author: Pranali Mehta

In a bid to control the spread of COVID-19, Kohl’s, an American department store company, has recently announced that it would stretch its temporary store closure duration until future notice. The company is impl...

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Brex acquires 3 San Francisco-based startups to strengthen offerings
  Author: Pranali Mehta

US-based financial service and technology company Brex, which helps accelerate entrepreneurs and scale businesses, recently announced three acquisitions that are likely to add substantial engineering and product talent...

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Granite awarded $20M contract by Fresno for Veterans Boulevard Project
  Author: Pranali Mehta

Granite Construction, a renowned California-based leader in infrastructure development, reportedly announced that it has received a $20 million contract from the government of Fresno for the construction of Veterans Bo...

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Deepgram raises $12 million in a Series A funding round led by Wing VC
  Author: Pranali Mehta

Deepgram, a speech recognition technology platform, closed a Series A funding round at $12 million led by Wing VC together with Y Combinator, NVIDIA, and other investors. The funding was raised after the company presen...

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Asuragen announces development of new technology to deal with COVID-19
  Author: Shreshtha Dhatrak

Renowned molecular diagnostic product company Asuragen, Inc., has apparently developed a technology in order to combat the dreaded ongoing COVID-19 pandemic. As per sources familiar with the knowledge of the matter, the ...

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Huntsman inks deal with Indorama Ventures to offload chemical business
  Author: Pranali Mehta

The purchase deal has been valued at USD 2.1 billion. As per the deal, Indorama will acquire all of Huntsman’s manufacturing facilities....

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Nike takes over Celect to improve customer engagements & experience
  Author: Pranali Mehta

Financial terms of the deal are yet to be announced. The agreement is the latest in the series of acquisitions to strengthen Nike’s customer ...

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Backbone announces closure of series A funding at USD 18 million
  Author: Shreshtha Dhatrak

Investment from the Group to reportedly bring in a New Era of Cloud Technology. The company has been able to gather over $23 million investment til...

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UQM Technologies declares completion of Danfoss Power Solutions merger
  Author: Shreshtha Dhatrak

Reportedly, the company’s merger with Danfoss has been successfully completed.   This alliance is expected to transform the futur...

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Visioneering Tech secures medical device registration in Hong Kong
  Author: Shreshtha Dhatrak

Visioneering’s NaturalVue Multifocal contact lenses are offered for the control of myopia progression   Hong Kong has one of the ...

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BAIC BJEV to develop six new fully electric vehicles by 2021
  Author: Shreshtha Dhatrak

To support the production of the vehicles, the company has set up a 50,000-square meter development facility. BJEV – the electric car subsidiary of China bas...

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Amazon India in talks to enter food delivery business with Uber Eats
  Author: Shreshtha Dhatrak

The e-commerce company aims at making the Prime app more usable through the food delivery addition. Reportedly, with the plans, Uber Eats is eyeing...

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CORSAIR acquires ORIGIN PC to strengthen its hold in gaming market
  Author: Shreshtha Dhatrak

The company has taken over the gaming PC leader-ORIGIN PC to reach a broad section of customers in the North America region. California based CORSAIR Components has...

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Dunkin joins forces with plant-based meat provider Beyond Meat
  Author: Pranali Mehta

The partnership will initially include serving a breakfast sandwich that features Beyond Meat’s faux sausage at Dunkin's Manhattan restaurants. U.S. based cof...

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Snapchat records 8% rise in active users, brings total to 203 million
  Author: Pranali Mehta

The company estimates between 7 million to 9 million new users to have joined for its viral face filter features. U.S. technology and camera company, Snap Inc. has ...

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Etihad, Hinduja to submit Expression of Interest to revive Jet Airways
  Author: Shreshtha Dhatrak

Reportedly, the airline has debt of liabilities of more than INR 36,000 crore. Hinduja Group and Etihad Airways have reportedly announced that both the companies wi...

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Go Air launches multiple new international and domestic flights
  Author: Shreshtha Dhatrak

The airline currently runs with 285 daily flights to over 24 domestic and four international destinations. The Mumbai-based low-cost airline GoAir has announced th...

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