Category: United States

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Siemens
United States

Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering

Press Release – October 30, 2024 – Munich, Germany Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024, the … Continue reading Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering

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hp
United States

HP Equips Partners for the AI Era with New Amplify AI Program

Accelerates partner ability to drive customer AI adoption with innovative tools Press Release – October 30, 2024 News Highlights PALO ALTO, October 30, 2024 – Today HP Inc. (NYSE: HPQ) announced a new HP Amplify program for partners, HP Amplify AI. HP Amplify AI is a customizable program designed to boost partner capabilities in achieving positive AI outcomes offering AI guidance, tools, resources, training, and certification. … Continue reading HP Equips Partners for the AI Era with New Amplify AI Program

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CACI INTERNATIONAL INC
United States

CACI Completes Acquisition of Azure Summit Technology

Press Release – October 30 – RESTON, Va. – CACI International Inc (NYSE: CACI) announced today that it has completed its acquisition of Azure Summit Technology, a provider of innovative, high-performance radio frequency (RF) technology and engineering, focused on electromagnetic spectrum, in an all-cash transaction for $1.275 billion. “Today, we welcome more than 300 Azure Summit employees to CACI”Post this “Today, we welcome more than 300 … Continue reading CACI Completes Acquisition of Azure Summit Technology

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Myrobalan Therapeutics
United States

Myrobalan Therapeutics Appoints Robin Kleiman Ph.D., as Chief Scientific Officer

Dr. Kleiman brings more than 25 years of neuroscience drug discovery leadership, including the discovery and development of multiple novel clinical candidates Press Releae – October 31, 2024 – MEDFORD, Mass. – Myrobalan Therapeutics, a biotechnology company developing novel oral small-molecule therapies to repair damage and restore brain function in high-unmet need central nervous system (CNS) conditions, announces the appointment of Robin Kleiman, Ph.D., as … Continue reading Myrobalan Therapeutics Appoints Robin Kleiman Ph.D., as Chief Scientific Officer

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The Estée Lauder Companies
United States

The Estée Lauder Companies Announces the Appointment of Stéphane de La Faverie as President and Chief Executive Officer

de La Faverie to Assume Role on January 1, 2025 William P. Lauder to Step Down as Executive Chairman, Will Remain Board Chair Press Release – Oct 30, 2024 – NEW YORK – The Estée Lauder Companies Inc. (NYSE: EL), a global leader in prestige beauty, today announced the Board of Directors’ appointment of Stéphane de La Faverie as its new President and Chief Executive … Continue reading The Estée Lauder Companies Announces the Appointment of Stéphane de La Faverie as President and Chief Executive Officer

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Securiti
United States

Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

Powered by a knowledge graph with deep contextual information about data and controls from diverse data systems and apps, Gencore AI accelerates enterprise-grade generative AI development Press Release – October 29, 2024 – SAN JOSE, Calif. – Securiti, the pioneer in data security, privacy, governance and compliance, today announced the release of Gencore AI, a first of its kind holistic solution to easily and quickly build … Continue reading Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

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Junee Limited
Asia, United States

Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia 

Press Release – Oct 29, 2024 SINGAPORE, Oct. 29, 2024 – Junee Limited (NASDAQ: JUNE) (the “Company”), today announced its strategic focus on developing and operating artificial intelligence (AI) computing centers. To support this initiative, the Company plans to raise up to US$40 million through a financing round, with the funds earmarked for the establishment of an AI supercomputing center in Australia and to bolster its working capital. The planned financing … Continue reading Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia 

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Cisco
United States

Cisco Unveils Plug-and-Play AI Solutions, Accelerating AI Adoption for the Enterprise

Press Release – Oct 29, 2024 New solutions with NVIDIA are highly adaptive and scalable for the evolving AI demands of enterprises CISCO PARTNER SUMMIT, LOS ANGELES, October 29, 2024 — Today, Cisco (NASDAQ: CSCO) announced new additions to its data center infrastructure portfolio: an AI server family purpose-built for GPU-intensive AI workloads with NVIDIA accelerated computing, and AI PODs to simplify and de-risk AI infrastructure … Continue reading Cisco Unveils Plug-and-Play AI Solutions, Accelerating AI Adoption for the Enterprise

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