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Day: May 24, 2021

New MiX Telematics Driver App Allows Fleets to Implement Telematics In Vehicles Without Any Embedded Hardware

Written by Customer Service on . Posted in Public Companies.

MyMiX Tracking can be used with or without MiX Fleet Manager, the company’s flagship enterprise-class telematics solutionMyMiX Tracking works on any mobile deviceThe solution is perfect for customers running sub-contractor vehicles, leased vehicles, company cars, short-term rentals or grey fleets, and is a cost-effective and impactful alternative to installing a hard-wired on-board computer or tracking device inside a vehicle.BOCA RATON, Fla., May 24, 2021 (GLOBE NEWSWIRE) — MiX Telematics, (NYSE: MIXT) which provides the broadest suite of telematics solutions for all fleet sizes, announced today that its new MyMiX Tracking app is now available in the U.S. MyMiX Tracking allows companies to drive fleet safety and efficiency without the need for embedded hardware.   MyMiX Tracking leverages mobile phone technology...

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Triterras Signs Letter of Intent with ECAPS for a Strategic Partnership and Acquisition of Minority Interest

Written by Customer Service on . Posted in Mergers And Acquisitions.

Strategic Investment and Partnership with Leading Open Banking Platform to Establish Presence on the Indian Subcontinent SINGAPORE, May 24, 2021 (GLOBE NEWSWIRE) — Triterras Inc. (Nasdaq: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company for trade and trade finance, today announced that it has signed a letter of intent with Singapore headquartered Electronic Cash and Payment Solutions (S) Pte Ltd., (“ECAPS”) which has a strong presence in India, to enter into a strategic partnership and acquire a minority interest. ECAPS is an open banking platform serving India’s emerging Micro, Small and Medium Enterprise (“MSME”) marketplace, facilitating greater financial inclusion for the emerging middle class. Structured as both a strategic investment and partnership, this transaction will establish Triterras’ presence...

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Ormat to Acquire Contracted Operating Geothermal Assets in Nevada and a Transmission Line Connecting Nevada With California for Total Estimated Consideration of $377M

Written by Customer Service on . Posted in Mergers And Acquisitions.

ACCELERATES ORMAT’S ELECTRICITY SEGMENT GROWTH PLANS, REACHING 1 GW PORTFOLIO ORMAT TO SIGNIFICANTLY ENHANCE ACQUIRED POWER PLANTS AND POTENTIALLY DEVELOP GREENFIELD ASSET PROVIDES POTENTIAL SYNERGIES, INCLUDING TRANSMISSION LINE CONNECTING NEVADA AND CALIFORNIARENO, Nev., May 24, 2021 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) announced today that it has entered into a purchase agreement with TG Geothermal Portfolio, LLC (a subsidiary of Terra-Gen, LLC) to acquire two contracted geothermal assets in Nevada with a total net generating capacity of 67.5 MW (net), a greenfield development asset adjacent to one of the plants, and an underutilized transmission-line. The acquisition is expected to close in the second half of 2021, subject to regulatory and other customary closing conditions. Transaction Details Under...

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BIO-key’s Channel Alliance Partnership with UVS Infotech Opens Doors in Maryland and Virginia Higher Education Markets along with National Federal Government Projects

Written by Customer Service on . Posted in Public Companies.

WALL, N.J., May 24, 2021 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions featuring biometrics, today announced that its channel alliance partnership with leading Managed Service Provider UVS Infotech is providing a gateway for BIO-key to expand the company’s presence within the higher education community and federal government agencies. UVS Infotech has added the BIO-key PortalGuard IAM solution to the IT Security Services and Solutions Master Contract of the Maryland Education Enterprise Consortium (MEEC). The MEEC consists of over 200 educational institutions and offers centrally coordinated and negotiated procurement opportunities for its member organizations to gain economic advantage and value in the acquisition of products and services...

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BRP Group, Inc. Announces Launch of $100 Million Term Loan B Add-On

Written by Customer Service on . Posted in Public Companies.

TAMPA, Fla., May 24, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that its subsidiary Baldwin Risk Partners, LLC (“BRP LLC”) is seeking to enter into an incremental term loan facility amendment to its existing credit agreement (the “Credit Agreement”) pursuant to which BRP LLC is expected to borrow $100 million of new term B loans (the “New Term Loan B”) under the Credit Agreement, which would increase the aggregate principal amount of its existing senior secured first lien term loan facility maturing in 2027 (the “Existing Term Loan B”) from $400 million to $500 million. BRP LLC intends to use the net proceeds of the New Term Loan B for general corporate purposes, including...

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Titan Medical Announces Addition of Deepak Basra as Vice President, Strategy and Business Development

Written by Customer Service on . Posted in Public Companies.

TORONTO, May 24, 2021 (GLOBE NEWSWIRE) — Titan Medical Inc. (Nasdaq: TMDI; TSX: TMD), a medical device company focused on the design and development of surgical technologies for robotic single access surgery, today announced the addition of Deepak Basra as Vice President, Strategy and Business Development to the leadership team. In this newly created role, Mr. Basra will oversee Titan’s corporate development and strategic planning. “We are thrilled to welcome Deepak to Titan. His wealth of knowledge and experience in business development and strategic partnerships will be instrumental in growing Titan,” said David McNally, President and Chief Executive Officer of Titan. “We look forward to Deepak’s contributions as we execute on our vision of advancing our Enos™ robotic single access surgery system.” Mr. Basra joins Titan...

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Grant Thornton India’s Assurance Practice Appointed as Statutory Auditors for Ebix’s India Centered, EbixCash Operations

Written by Customer Service on . Posted in Public Companies.

NOIDA, India and JOHNS CREEK, Ga., May 24, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that its EbixCash Indian subsidiary has engaged Grant Thornton’s Indian audit affiliate Walker Chandiok & Co LLP (WCC) to serve as statutory auditors for its EbixCash group of companies in India. In line with the regulations applicable on all international audit firms in India, Grant Thornton in India carries out audit assignments through its affiliate Walker Chandiok & Co LLP. Grant Thornton in India is the only assurance firm who voluntarily made the decision not to take up any “non-attest” work from listed companies that are being audited by them. Services such as...

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Costamare Inc. Announces Pricing of €100 Million Unsecured Bonds

Written by Customer Service on . Posted in Public Companies.

MONACO, May 24, 2021 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”) (NYSE: CMRE) announced today that its wholly owned subsidiary, Costamare Participations Plc, has successfully priced its previously announced offering of €100 million of unsecured bonds (the “Bonds”) in Greece. The Bonds will mature in 2026 and will have a coupon of 2.70%, payable semi-annually. The offering is subject to customary closing conditions, and settlement is expected to occur on May 25, 2021. The trading of the Bonds on the Athens Exchange should commence on May 26, 2021. The net proceeds of the offering are intended to be used for repayment of indebtedness, vessel acquisitions and working capital purposes. Mr. Gregory Zikos, Chief Financial Officer of Costamare Inc., commented: “We are pleased to announce the closing of the first shipping bond on...

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Cyber Security Market to Make Promising Progress; Increasing Adoption of Latest Technologies to Boost the Market: Fortune Business Insights

Written by Customer Service on . Posted in Mergers And Acquisitions.

List of the Companies Profiled in the Market: Cisco Systems Inc. , IBM Corporation, Fortinet Inc., Microsoft Corporation, Palo Alto Networks Inc., Zscaler Inc., Broadcom Inc., Sophos Ltd., Kaspersky Lab, Karamba Security, Oracle Corporation, FireEye Inc., McAfee Inc. Pune, India, May 24, 2021 (GLOBE NEWSWIRE) — The global cyber security market size is set to experience speedy growth from USD 165.78 billion in 2021 to USD 366.10 billion in 2028 owing to the emergence of new technologies in the IT security industry, finds Fortune Business Insights in its report, titled “Cyber Security Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Deployment Type (Cloud and On-Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By Industry (BFSI, IT and Telecommunications,...

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UK Home Healthcare Market Size 2021 | Is Projected to Reach USD 1,951.7 Million by 2026, Exhibiting a CAGR of 6.4%

Written by Customer Service on . Posted in Mergers And Acquisitions.

Top Players Covered in the UK Home Healthcare Market Research Report Molnlycke Health Care, Smith & Nephew plc, ConvaTec Group plc, Coloplast, Braun, Melsungen AG, Hollister Inc., Fresenius Medical Care, Acelity L.P., Medline Industries Inc. and other key market players Pune, India, May 24, 2021 (GLOBE NEWSWIRE) — The UK home healthcare market size is projected to reach USD 1,951.7 million by 2026, exhibiting a CAGR of 6.4% during the forecast period. The advanced home healthcare services are expected to increase demand for home healthcare in the UK due to their lower hospitalization rates, states Fortune Business Insights™ in its report titled “UK Home Healthcare Market, 2019-2026.”  The significant hospitalization costs incurred by the National Healthcare Service (NHS) have imposed a huge economical strain on...

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