Materion Corporation, an Ohio-based supplier of high performing advanced materials, has agreed to acquire the electronic materials business of H.C. Starck Solutions — HCS-Electronic Materials for $380 million. The deal was announced in late September. Based in Newton, Massachusetts, HCS-Electronic Materials supplies tantalum- and niobium-based products and services for the semiconductor, industrial, defense and aerospace […]
K3 Business Technology Group, UK-based software and cloud solutions provider, is divesting the business and assets of its non-core Sage Business to business management solutions provider Pinnacle Computing (Supporting) for £1.68 million. Pinnacle Computing is said to be one of the largest resellers of Sage software in the UK. The deal was announced in September […]
German American Bancorp, an Indiana-based bank holding company, has signed a merger deal worth around $154 million with Citizens Union Bancorp of Shelbyville (CUB). The deal was announced in late September 2021. Based in Kentucky, Citizens Union Bancorp of Shelbyville is the bank holding company for Citizens Union Bank of Shelbyville. The bank’s branch offices […]
Swedish renewable energy company, OX2, has finalized an agreement with Finnish renewable materials company, Stora Enso, to acquire the 170 MW Hälsingeskogen wind power project situated in the municipality of Ovanåker, Gävleborg County, Sweden. According to the terms of the agreement, OX2 will take over 100 percent of the project rights from Stora Enso, which […]
Restaurant management platform SpotOn has introduced – SpotOn Sidekick, a handheld point of sale (POS) solution, which has been particularly designed for mobile food kitchens such as food trucks, cafes, and pop-ups. The new handheld device lets small-scale food businesses take orders, process payments, and print receipts. The 5.5-inch SpotOn Sidekick handheld device offers all […]
ChromaDex, a California-based dietary supplement and food ingredient company, has launched Tru Niagen, its flagship consumer product, in 3,800 Walmart stores across the US. Tru Niagen is a form of vitamin B3 which is known for elevating nicotinamide adenine dinucleotide (NAD+), which is important in cellular energy metabolism and energy production. Apart from that, Tru […]
Mendel, a California-based clinical AI technology company, has secured $18 million in a Series A funding round led by global venture capital firm DCM. The funding round had participation from new investors – Olive Tree, Millennium Technology Value Partners, and Zola Global Investors. Mendel’s existing investors – Launch Capital, Bootstrap Labs, SOSV, and UCSF Health […]
Probo Medical, a used ultrasound equipment company backed by Varsity Healthcare Partners, has acquired Tennessee-based medical equipment supplier Tenvision for an undisclosed price. Established in 2005, Tenvision is said to have deep expertise in ultrasound equipment. Probo Medical said that Tenvision’s field service engineers, sales representatives, and in-house repair technicians are vastly experienced in providing […]
Vestas has signed an agreement with CS Wind, a South Korean wind tower manufacturing company, for the sale of its tower manufacturing facility in Pueblo, Colorado. The financial details of the transaction were not disclosed. The Pueblo factory was the world’s largest tower manufacturing facility at the time of its commissioning in 2009. Currently, the […]
Duke Energy Sustainable Solutions, a commercial brand of Duke Energy, has broken ground on the 250MW Pisgah Ridge Solar project in Texas. Once operational, the Pisgah Ridge Solar project located in Navarro County will be the largest utility-scale solar facility in the portfolio of Duke Energy Sustainable Solutions. PPAs signed for the Pisgah Ridge Solar […]