APPLIED INDUSTRIAL TECHNOLOGIES

Applied Industrial Technologies to Acquire Hydradyne, LLC

Strategic Fluid Power Acquisition Within Applied’s Engineered Solutions Segment Press Release – November 22, 2024 – CLEVELAND – Applied Industrial Technologies (NYSE: AIT) announced today it has signed a definitive agreement to acquire Hydradyne, LLC (Hydradyne), a premier provider of fluid power solutions and value-added services. Based in Dallas, Texas, Hydradyne is one of the largest U.S. distributors focused on fluid power and motion control … Continue reading Applied Industrial Technologies to Acquire Hydradyne, LLC

Galvanize Climate Solutions

Galvanize Climate Solutions’ Real Estate Strategy Acquires Third Asset

The firm’s pioneering real estate strategy leverages proprietary technology with the aim of optimizing energy efficiency savings, generating renewable power, and increasing asset value Press Release – November 22, 2024 – NEW YORK – Galvanize Real Estate (“GRE”), the sustainable real estate strategy of investment firm Galvanize Climate Solutions (“Galvanize”), today announced its acquisition of a 608,000 sq. ft. industrial asset located at 150 Milford … Continue reading Galvanize Climate Solutions’ Real Estate Strategy Acquires Third Asset

generalmills

General Mills Advances Accelerate Strategy with Acquisition of Whitebridge Pet Brands’ North American Premium Cat Feeding and Pet Treating Business

Press Release – November 14, 2024 Acquisition complements General Mills’ position in fast-growing U.S. pet food category MINNEAPOLIS–(BUSINESS WIRE)– General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to acquire Whitebridge Pet Brands’ North American premium Cat feeding and Pet treating business from NXMH in a transaction valued at $1.45 billion. The business, which includes the Tiki Pets and Cloud Star … Continue reading General Mills Advances Accelerate Strategy with Acquisition of Whitebridge Pet Brands’ North American Premium Cat Feeding and Pet Treating Business

ELASTIC

Elastic Announces AI Ecosystem to Accelerate GenAI Application Development

Elasticsearch vector database integrations with industry-leading AI technology give developers best-in-class resources to expedite the deployment of RAG applications Press Release – November 14, 2024 – SAN FRANCISCO – Elastic (NYSE: ESTC), the Search AI Company, announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications. The Elastic AI Ecosystem provides developers with a curated, comprehensive set of AI technologies … Continue reading Elastic Announces AI Ecosystem to Accelerate GenAI Application Development

Orion Innovation

Orion Innovation Names Brian Bronson as Chief Executive Officer

Technology Industry Executive and Leader to Drive Next Phase of Company Growth Press Release – Edison, NJ – November 14, 2024 – Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the appointment of Brian Bronson as Chief Executive Officer, effective immediately. With over 25 years of leadership experience across global technology sectors, Bronson will lead Orion’s next phase of growth and transformation, … Continue reading Orion Innovation Names Brian Bronson as Chief Executive Officer

HealthEdge® and Codoxo

Transforming Payment Integrity with Generative Artificial Intelligence (GenAI): HealthEdge® and Codoxo Announce Strategic Partnership

Press Release – 14, 2024 Burlington, MA and Duluth, GA – [Nov. 14, 2024] – HealthEdge® and Codoxo announce a strategic partnership to provide healthcare payers with the industry’s most cutting-edge solutions and services. This partnership will streamline and enhance their respective end-to-end payment integrity processes by leveraging HealthEdge SourceTM in conjunction with Codoxo’s GenAI-driven Unified Cost Containment Platform. By joining forces to deliver an end-to-end payment … Continue reading Transforming Payment Integrity with Generative Artificial Intelligence (GenAI): HealthEdge® and Codoxo Announce Strategic Partnership

IBM

IBM Champions Generative AI and Automation to Safeguard Security Across AWS Environments

IBM’s Autonomous Security for Cloud solution to help organizations transition to cloud-based environments using Amazon Bedrock’s generative artificial intelligence (AI) to streamline and automate security and compliance tasks Press Release – Nov 14, 2024 ARMONK, N.Y., Nov. 14, 2024 /PRNewswire/ – IBM (NYSE: IBM) today announced Autonomous Security for Cloud (ASC), an AI-powered solution from IBM Consulting designed to automate cloud security management and decision-making to help mitigate risk … Continue reading IBM Champions Generative AI and Automation to Safeguard Security Across AWS Environments

CAPRELO

CapRelo Names Corry Smith as SVP of Innovation and Operational Excellence

Press Release – November 20, 2024 – STERLING, Va. – CapRelo, a full-service global relocation management company, has hired operations executive Corry Smith as senior vice president of Innovation and Operational Excellence. Smith will focus on harnessing technology and developing scalable processes to drive efficiency, transform client experiences, and support CapRelo’s mission to deliver smarter, cost-effective global mobility services. “We welcome Corry to our team. … Continue reading CapRelo Names Corry Smith as SVP of Innovation and Operational Excellence

Parsec

Parsec Founder Among BIG’s 2024 Small Business Executives of the Year

Eddy Azad, founder and CEO, recognized for efforts to make more accessible, impactful manufacturing solutions Press Release – November 20, 2024 – ANAHEIM, Calf. – Parsec Automation (Parsec), the developer of the industry-leading Manufacturing Execution System (MES) TrakSYS™, today announced that CEO and founder, Eddy Azad, has been recognized as the Small Business Executive of the Year in the prestigious 2024 BIG Awards for Business. Hosted by the Business … Continue reading Parsec Founder Among BIG’s 2024 Small Business Executives of the Year