News Articles

EIG Signs $12.4 Billion Infrastructure Deal with Aramco WASHINGTON -Saturday 10 April 2021  

(BUSINESS WIRE) -- EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced that it has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. ("Aramco"), under which a consortium of investors...

Comment by the Chair of Toshiba’s Board on the Acquisition Proposal -Friday 9 April 2021

(BUSINESS WIRE)-- Osamu Nagayama, Chairperson of the Board of Directors of Toshiba Corporation (TOKYO:6502) has commented on the acquisition proposal from CVC Capital Partners as below. As announced in the public statement dated April 7th, Toshiba has received a preliminary and non-legally...

Milestone Study Shows Natural Molecule, Urolithin A, Can Improve Muscle Function and Life Expectancy in Mice With Muscle... -Friday 9 April 2021

(BUSINESS WIRE)-- Progression of Duchenne Muscle Dystrophy (DMD) can be delayed in mice by supplementing their diets with Urolithin A, according to new results reported today. The findings, published in Science Translational Medicine, raise hopes that new treatment options could one-day be...

DISYS Acquires Signature Consultants, Forming One of the Nation’s Top 10 IT Staffing Companies -Friday 9 April 2021

(BUSINESS WIRE)-- Digital Intelligence Systems, LLC (DISYS) and Signature Consultants, LLC announce today that an agreement was signed for DISYS to acquire the legal entities of Signature, combine operations, and create one of the largest providers of information technology (IT) staffing...

Best’s Market Segment Outlook: AM Best Maintains Gulf Cooperation Council Insurance Outlook at Negative -Thursday 8 April 2021

(BUSINESS WIRE) -- AM Best continues to hold a negative market segment outlook on the insurance markets of the Gulf Cooperation Council (GCC). Factors supporting the outlook include COVID-19-driven uncertainty and the risk that further oil price volatility will maintain economic pressure across...

Kyriba Successfully Completes ISO 27001 Surveillance Review Audits -Thursday 8 April 2021

(BUSINESS WIRE) -- Kyriba (“the Company”), a global leader of cloud finance and IT solutions, today announced that the Company recently completed its ISO 27001 surveillance review audit with no nonconformities noted. The surveillance review displays Kyriba’s commitment to maintaining the...

Western Union Foundation Announces New Partnerships to Advance Vaccine Education & Workforce Training in Q1/2021 -Thursday 8 April 2021  

(BUSINESS WIRE) -- The Western Union Foundation today announced its first-quarter 2021 programs, investing more than USD 1.25 million to mobilize youth to access jobs in the healthcare industry, assisting with COVID-19 vaccine education and distribution, and to enable economic recovery through...

Smiths Detection to supply checkpoint security screening equipment to Kuwait International Airport -Thursday 8 April 2021

(BUSINESS WIRE)-- Smiths Detection, a leading threat detection and security technology company, will supply a full suite of passenger baggage screening equipment for Kuwait’s new International Airport Terminal 2, which is currently under construction. The contract includes the supply and...

Diligent Completes Galvanize Acquisition, Becoming World’s Largest GRC SaaS Company -Thursday 8 April 2021  

(BUSINESS WIRE)-- Diligent Corporation (“Diligent” or the “Company”), the modern governance company, today announced that it has completed its acquisition of Galvanize, a global leader in SaaS governance, risk, and compliance (GRC) software. Having also recently acquired Steele...

Cofense Acquires Cloud-Native, AI-Based Email Security Provider Cyberfish -Thursday 8 April 2021

(BUSINESS WIRE) -- Cofense®, the leading provider of phishing detection and response (PDR) solutions, today announced the acquisition of Cyberfish, provider of next-generation phishing protection powered by Computer Vision and advanced Machine Learning (ML) technology. By integrating innovative...

Gupshup Raises $100 Million from Tiger Global to Accelerate Conversational Messaging -Thursday 8 April 2021

(BUSINESS WIRE)-- Gupshup, the leader in conversational messaging, today announced it has raised $100 million in funding from Tiger Global Management, propelling the company’s valuation to $1.4 billion. This funding will be followed by a second close with significant additional funds raised...

Unifrax Introduces New Catalysis Product Eco-lytic™ — a Cleaner, Lower Weight, and More Efficient Solution... -Thursday 8 April 2021  

(BUSINESS WIRE) -- Unifrax, the leading manufacturer of high-performance specialty materials, today introduced a new, nano-structured alumina catalyst support technology for the transportation market – Eco-lytic™ by Unifrax. Housed within a vehicle’s catalytic converter, the Eco-lytic...

Galderma Announces Publication of Phase 2b Trial Results Demonstrating the Rapid and Long-lasting Benefits of... -Thursday 8 April 2021  

Atopic dermatitis is the most common type of eczema. Moderate to severe atopic dermatitis is a chronic and incurable condition, severely disrupting patients’ quality of life1 The outcome of a post-hoc analysis of the phase 2b study published in the Journal of the European Academy of...

ABB Launches New Share Buyback Program -Thursday 8 April 2021

(BUSINESS WIRE)-- ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new...

Värde Funds $155 Million for Two Office Developments in Hyderabad, India -Thursday 8 April 2021

(BUSINESS WIRE)-- Värde Partners, a leading global alternative investment firm, today announced it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund...

One Month Countdown to Close of Zayed Sustainability Prize 2022 Submissions -Wednesday 7 April 2021

With one month to go until the 6th of May submissions deadline, the Zayed Sustainability Prize, the UAE’s pioneering global award for rewarding impact, innovation, and inspiration, has today issued a final call to small-to-medium sized enterprises, non-profit organisations and high schools,...

Semifinalist Teams Selected in $10M ANA Avatar XPRIZE Competition -Tuesday 6 April 2021  

(BUSINESS WIRE)-- XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, announced today that 38 teams from 16 countries are advancing to the semifinals round of the $10M ANA Avatar XPRIZE competition. Sponsored by All Nippon...

Uniphore Raises $140 Million in Series D Funding as Demand Skyrockets for Enterprise AI and Automation Solutions -Tuesday 6 April 2021  

(BUSINESS WIRE) -- Uniphore, an early leader in Conversational Service Automation (CSA), today announced it has raised $140 million in Series D funding, bringing the total funds invested in the company to $210 million. This latest round of financing was led by Sorenson Capital Partners. It...

CoVIg-19 Plasma Alliance Announces Topline Results from NIH-Sponsored Clinical Trial of Investigational COVID-19... -Monday 5 April 2021

Phase 3 Inpatient Treatment With Anti-Coronavirus Immunoglobulin (ITAC) Clinical Trial Sponsored and Funded by the National Institute of Allergy and Infectious Diseases (NIAID), Part of the National Institutes of Health (NIH), Did Not Meet Its Endpoints to Show Efficacy in Adults Hospitalized...

Funko Announces Plans to Enter NFT Market Using WAX on vIRL Merchandise On the Blockchain -Monday 5 April 2021

(BUSINESS WIRE)-- Today, The Worldwide Asset eXchange™ (WAX), the world’s leading entertainment NFT network, announced that Funko, a leading pop culture consumer products company, plans to extend Funko’s pop culture platform to include digital assets on the Blockchain. Beginning in June...