Methode Electronics, Inc. has announced a strategic asset purchase agreement valued at up to $62 million, leading to a significant rise in its stock price. The acquisition aims to enhance the company’s technological capabilities, boosting investor confidence and sparking a 30% jump in after-hours trading. The new agreement outlines a blend of cash payments and […]
Spectris plc (SXS: LSE), a leader in precision measurement, has announced a definitive agreement to acquire SciAps Incorporated, a specialist in handheld instruments, for a total consideration of up to $260 million (£205 million). This acquisition, comprised of an upfront payment of $200 million (£157 million) and a deferred payment of up to $60 million […]
JRNI, a leading enterprise in global customer engagement solutions, has announced a significant integration with Backbase, the developer of the Engagement Banking Platform. This partnership aims to transform customer interaction within the financial sector by allowing seamless and secure scheduling of virtual and in-person appointments, enhancing overall customer satisfaction, loyalty, and operational efficiency. Integration Details […]
365 Retail Markets, a leading global provider of unattended retail technology, has announced the acquisition of Denver-based Impulsify, Inc., a specialist in providing grab-and-go retail solutions primarily within hotels and multifamily communities. This acquisition, effective May 22, 2024, marks a significant expansion for 365 Retail Markets, enhancing its capabilities and extending its reach into new […]
In a significant development within the artificial intelligence sector, Sonata Software, a leading entity in Modernization Engineering, has announced its latest collaboration with tech giant Microsoft. This partnership centers around the integration of Sonata’s Harmoni.AI with Microsoft Azure AI service, marking a crucial stride towards fostering the adoption of responsible-first artificial intelligence across various enterprises. […]