Month: February 2021

AMSTERDAM, Feb. 18, 2021 (GLOBE NEWSWIRE) — Expereo, the global provider of managed Internet, Cloud access, and SD-WAN solutions, announces the acquisition of nextgen SD-WAN & SASE solutions provider Videns IT Services, bolstering Expereo’s SD-WAN network transformation and management capabilities for its multinational enterprise customers.Videns IT Services is a network independent managed services provider delivering fully managed SD-WAN and Secure Access Service Edge (SASE).The acquisition illustrates Expereo’s ambition and commitment to simplifying global networking and cloud access with flexible, agile and secure network and cloud access solutions for multinational enterprises. Acquiring Videns will strengthen Expereo’s SDWAN offering with deep sector experience and know-how in leading SDWAN and SASE solutions, adding...

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) — via InvestorWire –Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is updating its recent announcement that it has been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions have evolved to include development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass™ THC/Cannabinoid time-release delivery cream throughout Canada.        Bradley J. Yourist, Grapefruit CEO, commented, “As previously...

VANCOUVER, British Columbia, Feb. 18, 2021 (GLOBE NEWSWIRE) — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (“Loop” or the “Company”), a provider of contactless solutions and artificial intelligence (“AI“) to drive automated marketing, venue tracing, and contactless solutions to the brick and mortar space, is pleased to announce the completion of its previously announced acquisition (the “Acquisition”) of the intellectual property assets of Digital2Go Medial Networks, Inc. d/b/a Locally (“Locally”) pursuant to an asset purchase agreement between the Company and Locally dated February 16, 2021 (the “APA”). Locally is a technology company focused on providing location data intelligence and real-time consumer engagement.Locally Acquisition Provides Loop Insights with Unparalleled Location-Based Retail Insights, Foothold...

The transaction will merge Quantum-Si’s revolutionary, end-to-end proteomics solution, and HighCape Capital Acquisition Corp., a healthcare-focused SPAC sponsored by leading healthcare growth equity investment firm HighCape Capital LP.The transaction is further supported by an oversubscribed $425 million PIPE with participation from leading institutional investors, including Foresite Capital Management, LLC, Eldridge, accounts advised by ARK Invest, Glenview Capital Management, LLC, and Redmile Group, LLC.The pro forma equity value of the business combination is $1.460 billion, with the combined company expected to have an estimated $514 million in cash after closing.Quantum-Si Founder and Executive Chairman, Dr. Jonathan Rothberg, to become Executive Chairman of the combined company and will be joined on its board of directors by Kevin...