Gartner Predicts 40% of AI Data Breaches

Gartner Predicts 40% of AI Data Breaches Will Arise from Cross-Border GenAI Misuse by 2027

Press Release – STAMFORD, Conn., February 17, 2025  Lack of Consistent Global AI Standards Forces Enterprises to Develop Region-Specific Strategies, Limiting AI Scalability and Benefits By 2027, more than 40% of AI-related data breaches will be caused by the improper use of generative AI (GenAI) across borders, according to Gartner, Inc. The swift adoption of GenAI technologies by end-users has outpaced the development of data governance and … Continue reading Gartner Predicts 40% of AI Data Breaches Will Arise from Cross-Border GenAI Misuse by 2027

Lambda Raises $480M to Expand AI Cloud Platform

Lambda Raises $480M to Expand AI Cloud Platform

New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat Press Release – February 19, 2025 – SAN JOSE, Calif. – Lambda, the AI Developer Cloud, today announced it has raised a $480 millionSeries D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW … Continue reading Lambda Raises $480M to Expand AI Cloud Platform

Concord Technologies Appoints William Cavanaugh as CEO

Concord Technologies Launches Accelerated Document-Processing Platform

Concord Connect™ brings Straight-Through Processing for healthcare documents Press Release – February 17, 2025 – SEATTLE – Concord Technologies (“Concord”), a leading provider of Secure Document Exchange, Intelligent Document Processing, and Interoperability tools for healthcare, has launched Concord Connect™, the essential Straight-Through Processing platform for healthcare to reduce the staff burden and administrative costs of manually processing incoming documents. “Connecting document flow from end to end, … Continue reading Concord Technologies Launches Accelerated Document-Processing Platform

TriMas Completes Acquisition of GMT Aerospace

TriMas Completes Acquisition of GMT Aerospace

Further Expanding Its TriMas Aerospace Platform Press Release – February 17, 2025 – BLOOMFIELD HILLS, Mich. – TriMas (NASDAQ: TRS) today announced that it has completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH (“GMT”). Based in Germany, GMT’s aerospace division (“GMT Aerospace”) develops and manufactures a wide range of tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications. … Continue reading TriMas Completes Acquisition of GMT Aerospace

Amentum Appoints Michele St. Mary as Chief Legal Officer and General Counsel

Amentum Appoints Michele St. Mary as Chief Legal Officer and General Counsel

Press Release – February 17, 2025 – CHANTILLY, Va. – Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Michele St. Mary as Chief Legal Officer and General Counsel, effective immediately. “It is an exciting and critical time for sharp minds and proven leaders to join Amentum, and Michele is a top business-driven legal expert with more than 25 … Continue reading Amentum Appoints Michele St. Mary as Chief Legal Officer and General Counsel

Travelers Europe Names Mike Lawton Chief Operating Officer

Travelers Europe Names Mike Lawton Chief Operating Officer

Press Release – February 17, 2025 – LONDON – Travelers Europe today announced that Mike Lawton has been appointed Chief Operating Officer. Lawton will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and oversee the day-to-day business operations and implementation of the company’s strategy. “I have seen firsthand how our unique and collaborative culture has guided our business to great success and ensured … Continue reading Travelers Europe Names Mike Lawton Chief Operating Officer

COSTAR GROUP

CoStar Group Acquires Ag-Analytics, Augmenting Land.com Services and Capabilities

Land.com will incorporate valuations on 2.8 million parcels of land provided by Ag-Analytics’ AcreValue platform Press Release – February 14, 2025 – ARLINGTON, Va. – CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced that it has acquired agricultural data company Ag-Analytics. The strategic acquisition … Continue reading CoStar Group Acquires Ag-Analytics, Augmenting Land.com Services and Capabilities

COEUR MINING

Coeur Completes Acquisition of SilverCrest

Press Release – CHICAGO – Coeur Mining, Inc. (“Coeur”) (NYSE: CDE) is pleased to announce the completion of its acquisition of SilverCrest Metals Inc. (“SilverCrest”) by Coeur (the “Transaction”) pursuant to the definitive agreement (the “Agreement”) previously announced in the joint news release of Coeur and SilverCrest dated October 4, 2024. Under the terms of the Agreement, Coeur acquired all of the issued and outstanding … Continue reading Coeur Completes Acquisition of SilverCrest

Silver Lake and GIC Complete Acquisition of Zuora

Silver Lake and GIC Complete Acquisition of Zuora

Press Release – 14 Feb, 2025 – REDWOOD CITY, Calif. – February 14, 2025 – Zuora, Inc., a leading monetization platform for modern business, today announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”), for $10.00 per share in cash. With the completion of the acquisition, Zuora’s Class A common … Continue reading Silver Lake and GIC Complete Acquisition of Zuora