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Tag: Inc.

Viasat to Sell Its Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion
Business

Viasat to Sell Its Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

Represents approximately 35% of Government Systems segment revenue CARLSBAD, Calif., Oct. 3, 2022  /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement. The sale is expected to result in cash proceeds to Viasat of approximately $1.8 billion net after estimated taxes, fees, and other expenses. Viasat's Link 16 Tactical Data Link business is part of its Government Systems segment. Over the past 25 years, the business has grown to be a leading provider of Link 16 TDL products and solutions. The sale of the business includ...
Amar Maletira Named Chief Executive Officer of Rackspace
Technology

Amar Maletira Named Chief Executive Officer of Rackspace

SAN ANTONIO, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading cloud technology solutions company, today announced the appointment of Amar Maletira as Chief Executive Officer. Mr. Maletira, who has served as Rackspace Technology’s President and Chief Financial Officer since November 2020, has assumed responsibilities effective immediately. David Sambur, Co-Head of Private Equity at Apollo Global Management and Chairman of the Rackspace Technology Board of Directors, stated, “Amar brings broad management and leadership experience, and over the course of his career, he has helped transform several multi-billion-dollar technology businesses. He has also been instrumental in crafting Rackspace Technology’s new strategic direction and operating model. We b...
Dawn Foods Debuts New Global Bakery Trends and Transformational Donut Glaze Technology at IBIE
Technology

Dawn Foods Debuts New Global Bakery Trends and Transformational Donut Glaze Technology at IBIE

Global bakery manufacturer and ingredients distributor unveils new consumer trends report and patent-pending non-sticky donut glazeJACKSON, Mich., Sept. 17, 2022 /PRNewswire/ -- Global bakery manufacturer and ingredients distributor Dawn Foods., today unveiled its new Global Bakery Trends Report and announced its latest product innovation, Dawn Exceptional Pak Perfect™ Non-Sticky Glaze at the International Baking Industry Exposition (IBIE). Dawn's 2023 Global Bakery Trends Exceptional Pak Perfect Non-Sticky Donut Glaze Experience Exploration "Our new Global Trends report and donut glaze are the latest examples of Dawn's commitment to providing industry-leading insights, high-quality products and innovative solutions to our customers," said Carrie Jo...
Caesars Entertainment Opens Two State-of-the-Art Caesars Sportsbook Locations and a Brand-New World Series of Poker Room in Louisiana
Entertainment

Caesars Entertainment Opens Two State-of-the-Art Caesars Sportsbook Locations and a Brand-New World Series of Poker Room in Louisiana

To commemorate these openings, Caesars held two ceremonial events inside Harrah's and Horseshoe this week, each featuring a ribbon-cutting and ceremonial first bet. In New Orleans, Archie and Cooper Manning joined Pro Football Hall of Famer and former New Orleans Saint Rickey Jackson, local dignitaries, and Saints Superfan Leroy Mitchell Jr., better known as "Whistle Monsta," to open the new sportsbook and poker room. Jackson placed the ceremonial first bet with his $1,000 wager on the Saints to win the Super Bowl at 40/1 odds and any possible winnings benefitting the United Negro College Fund (UNCF). In Bossier City, Caesars Sportsbook opened in grand fashion with Mayor Tommy Chandler cutting the ribbon ahead of a massive ceremonial first bet of $200,000, placed by a VIP and well-know...
ATTO Technology ExpressSAS H1280 GT SAS HBAs Expand
Technology

ATTO Technology ExpressSAS H1280 GT SAS HBAs Expand

AMHERST, N.Y., Aug. 31, 2022 (GLOBE NEWSWIRE) -- ATTO Technology, Inc., a global leader of network, storage connectivity and infrastructure solutions for data-intensive computing, is pleased to announce ATTO ExpressSAS® H1280 GT PCIe 4.0 12Gb/s SAS/SATA host bus adapters are now a certified and compatible solution on the Hewlett Packard Enterprise (HPE) Single Point of Connectivity Knowledge (SPOCK) website. This development is part of ATTO’s initiative to provide its channel partners with powerful tools that allow them to penetrate and succeed in the highly competitive data center storage market. The HPE SPOCK website is the primary portal used to obtain detailed information about supported HPE Storage product configurations. ATTO ExpressSAS H1280 GT HBAs have been officially ...
Jam Studio VR Announces New Health & Wellness Edition
Health

Jam Studio VR Announces New Health & Wellness Edition

SAN FRANCISCO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Beamz Interactive, Inc., a leading developer of state-of-the-art interactive music technology and products, today announced the release of a new Health & Wellness Edition for its Jam Studio VR App with the Meta Quest 1 & 2 ( https://www.oculus.com/experiences/quest/4132883540078830/ ) VR Standalone Headsets. The Jam Studio VR Health & Wellness Edition includes a variety of Health Tunes (see https://www.healthtunes.org/faq ) clinically researched therapy music for Relaxation, Anxiety & Stress Relief, Focus, and Meditation. As with all Jam Studio VR songs, users will have a variety of appropriate instruments - sound bowls, bells, gongs, and the like - they can choose to play along with the music therapy. Each audio track...
Business

Citi Commercial Cards Joins Dinova’s Business Dining Program

Citi's Clients Will Lower Expenses with the Ability to Donate to Charity Corporate card benefits drive utilization of T&E cards; enhance corporate and individual philanthropy ATLANTA, Aug. 2, 2022 /PRNewswire/ -- Dinova Inc., the authority in business dining is collaborating with Citi to offer a preferred dining and payment program to Citi's Corporate Card clients in the U.S. A benefit of the collaboration is digital integration between the two companies that enables joint clients to easily share data between Citi and Dinova and allowing for greater personalization and program transparency.  Additional benefits include financial incentives from Dinova in the form of rebates for the enterprise organization, rewards for individual employee cardholders, and the opportunity to support...
New Venmo Small Business Grant Program to Support Emerging and Small Businesses
Business

New Venmo Small Business Grant Program to Support Emerging and Small Businesses

According to a U.S. Bank study, 82% of businesses that failed cited cash flow problems as a factor in their failure.1 In addition to providing a financial grant, the Venmo Small Business Grant program will provide recipients with access to technical expertise and mentorship on topics such as legal services, financial analysis, digital marketing and more. These resources will be provided in partnership with PayPal community partners, Start Small, Think Big and Taproot Foundation, along with PayPal and Venmo employees who will provide mentoring, coaching and pro bono services. "The last two years have been tremendously difficult for small businesses in communities across the United States, like your local dog walker, barber and florist. Nearly 200,000 U.S. businesses2 have been forced t...
Creative Medical Technology Announces Positive Top-Line Results for OvaStem® Pilot Study
Technology

Creative Medical Technology Announces Positive Top-Line Results for OvaStem® Pilot Study

Three-Year Follow Up Results Confirm Significant Efficacy and No Serious Adverse Effects in Patients receiving OvaStem® Procedure for Treating Primary Ovarian Insufficiency PHOENIX, July 28, 2022 /PRNewswire/ -- Creative Medical Technology Holdings, Inc. ("Creative Medical Technology" or the "Company") (NASDAQ: CELZ), a leading commercial stage biotechnology company focused on a regenerative approach to immunotherapy, urology, neurology, and orthopedics, today announced positive three-year follow up data for the Company's OvaStem® pilot study.  The data shows significant efficacy of the OvaStem® procedure for the treatment of medical refractory Primary Ovarian Insufficiency (POI) without any serious adverse effects and the successful birth of healthy babies. OvaStem® is a patented outp...