DuPont has agreed to acquire Rogers Corporation, a US-based publicly listed engineered materials company, in an all-cash transaction worth around $5.2 billion. Based in Chandler, Arizona, Rogers Corporation manufactures advanced electronic and elastomeric materials that are used in applications for electric vehicles (EVs)/hybrid electric vehicles (HEVs), automotive safety and radar systems, renewable energy, mobile devices, […]
Masafi is partnering with American drinking water company SOURCE Global, PBC for launching SOURCE, a renewable, sustainable bottled water product in the UAE. The UAE-based bottled water company also has plans to launch SOURCE shortly across the Gulf Coast region. SOURCE is claimed to contain water that is sourced from the sky by converting pure […]
Intel Corporation has started construction on a couple of new computer chip factories dubbed Fab 52 and Fab 62 at its Ocotillo campus in Chandler, Arizona. The two new semiconductor fabs, which will see an investment of $20 billion, are expected to strengthen the leadership of the US in the semiconductor industry, while helping in […]
Indian IT services provider Tata Consultancy Services (TCS) said that it will invest over $300 million by 2026 to grow its operations in Arizona. The company said that it will recruit over 220 employees in the US state by 2023 for meeting the digital transformation requirements of its customers. Additionally, Tata Consultancy Services will continue […]
US food technology company GrubMarket has wrapped up the acquisition of Pacific Farm Management (PFM), a farm management services company, based in Madera, California. The financial terms of the deal were not revealed. Pacific Farm Management (PFM) offers agricultural employment (payroll) and workers compensation insurance services in California. The farm management services company also has […]
Zensar Technologies, a subsidiary of RPG Group, has agreed to acquire M3bi, an Arizona-based data engineering, and digital engineering company, in a deal worth up to $30.6 million in cash. The consideration includes an upfront payment of $21.6 million and a performance-based payment of up to $9 million over 36 months. Founded in 2010, M3bi […]
Shields Health Solutions, a health system specialty pharmacy integrator, has opened a new office in Phoenix to serve its partners across the US. The company is said to provide fully integrated and comprehensive on-site care to hospital leaders with its specialty pharmacy program. It partners with more than 70 health systems across 40 plus states […]
Zenith Minerals has signed a cash-cum-stock deal worth AUD 1.05 million to sell its 45% stake in its lithium brine, pegmatite, and clay projects in the US to joint venture (JV) partner Bradda Head. The US lithium assets of the Australian mineral exploration company include the lithium brine plays – the Spencer brine project and […]
Verra Mobility, an Arizona-based company which provides smart mobility technology solutions will be acquiring Redflex, an Australian technology company that provides intelligent transport solutions, in a deal worth AUD 146.1 million ($113.25 million). As per the binding agreement between the two companies, Verra Mobility will acquire 100% of the issued share capital of the Australian […]
Global insurance brokerage firm Arthur J. Gallagher & Co. has acquired Ashton Tiffany, based in Phoenix, Arizona, for an undisclosed price. Established in 1995, Ashton Tiffany is a full-service risk program administrator that caters to clients across Arizona. Ashton Tiffany is engaged in developing and managing public entity risk pools. Its founders John Ashton and […]
