Day: September 25, 2024
Merging of Nano Dimension with Desktop Metal and Markforged Will Have the Scale and Capital to Drive to Profitable Expansion With a Combined 2023 Revenue of $340M
Cash & Cash Equivalents Expected at Close of ~$475M
The Combined Company Further Increases Value Creation Opportunity With an Even Broader AM/3D Printing Portfolio Technologies Intended for True Manufacturing Applications
Nano Dimension and Markforged to Hold Joint Investor Call to Discuss the Transaction Tomorrow, Thursday, September 26th, at 8:30 AM ET
WALTHAM, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”) and Markforged Holding Corporation (NYSE: MKFG) (“Markforged”) today jointly announced that they have entered into a definitive agreement pursuant to which Nano Dimension will acquire all outstanding shares of...
Paylocity Debuts Integrated Headcount Planning Solution
Written by Customer Service on . Posted in Public Companies.
New solution unites HR, Finance, and Talent Acquisition for seamless workforce planning
LAS VEGAS, Sept. 25, 2024 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced Headcount Planning, a new offering that brings together Finance, HR, Talent Acquisition, and hiring managers to create a more cohesive, data-driven approach to workforce planning. This integrated solution builds on Paylocity’s acquisition of Trace in December 2023 and leverages the Paylocity employee record as the single source of truth for company-wide headcount planning. It enables businesses to proactively map headcount needs across the organization, manage workflows and approvals from initial forecasting through opening new roles, and offers comprehensive reporting to stay ahead of ever-changing...
Nano Dimension to Acquire Markforged, Creating a Leading Player in Additive Manufacturing (“AM”) With the Technologies Expected to Drive Future Growth
Written by Customer Service on . Posted in Mergers And Acquisitions.
Merging of Nano Dimension with Desktop Metal and Markforged Will Have the Scale and Capital to Drive to Profitable Expansion With a Combined 2023 Revenue of $340M Cash & Cash Equivalents Expected at Close of ~$475M
The Combined Company Further Increases Value Creation Opportunity With an Even Broader AM/3D Printing Portfolio Technologies Intended for True Manufacturing Applications
Nano Dimension and Markforged to Hold Joint Investor Call to Discuss the Transaction Tomorrow, Thursday, September 26th, at 8:30 AM ET
WALTHAM, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”) and Markforged Holding Corporation (NYSE: MKFG) (“Markforged”) today jointly announced that they have entered into a definitive agreement pursuant to which Nano Dimension will acquire all outstanding shares of...
Toll Brothers Opens Woodside Preserve Community in Orlando, Florida
Written by Customer Service on . Posted in Public Companies.
ORLANDO, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Woodside Preserve, a luxury community of 53 home sites in Orange County, Florida. Woodside Preserve will be located on Lake Underhill Road in Orlando. Home buyers are invited to visit the off-site Sales Center located nearby in the Toll Brothers Haven Oaks community model home at 52 Overleaf Lane in Orlando.
Woodside Preserve is a premier community of one- and two-story luxury single-family homes ranging from 2,065 to 3,277+ square feet. The open floor plans feature 3 to 6 bedrooms, 2 to 5 baths, 2- or 3-car garages, home offices, spacious primary bedroom suites, and indoor/outdoor living spaces. Homeowners will enjoy a tranquil lifestyle in a convenient...
Moody´s Ratings upgrades Landsvirkjun’s ratings to A3
Written by Customer Service on . Posted in Public Companies.
Moody´s Ratings has upgraded Landsvirkjun’ s credit rating to A3 from Baa1. The outlook has been changed to stable from positive.
This rating upgrade follows the upgrade of the sovereign long-term issuer rating of the Government of Iceland to A1 from A2 on the 20th September 2024. Landsvirkjun´s rating incorporates an uplift for potential support from its owner, the Icelandic State. This factors in Landsvirkjun’s strategic importance to Iceland, given the company’s position as the country’s dominant power generator and the role it plays in providing electricity to energy intensive users, which directly contribute to around a third of Iceland’s exports.
According to Moody´s the credit rating acknowledges the company’s strong position in the Icelandic power generation market and the strong financial profile now when Landsvirkjun is...
ArcelorMittal’s XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
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ArcelorMittal’s XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
25 September 2024, 16:00 CET
ArcelorMittal (the ‘Company’) today announces it has invested $5 million in Utility Global through its XCarb® Innovation Fund. The Fund, launched in 2021, invests in companies developing disruptive technologies that have the potential to support the decarbonisation of steelmaking. The investment is part of Utility Global’s $53 million Series C fundraising round, led by Ontario Power Generation.
Utility Global has developed a patented reactor which processes variable industrial process gases, without the use of electricity, into high-purity hydrogen and a concentrated CO2 stream that can be captured and stored. The hydrogen produced can be recirculated into the steelmaking process to replace natural gas,...
Global Contrast Media Market is Expected to Develop at a High 7.4% CAGR through 2031 | SkyQuest Technology
Written by Customer Service on . Posted in Mergers And Acquisitions.
Global Contrast Media Market size was valued at USD 6.55 billion in 2023 to USD 11.60 billion by 2031, growing at a CAGR of 7.4% during the forecast period (2024-2031).
Westford, USA, Sept. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Contrast Media Market will attain a value of USD 11.60 billion by 2031, with a CAGR of 7.4% over the forecast period (2024-2031). The growing number of diagnostic imaging procedures performed around the world are primarily driving the demand for contrast media. Surging incidence of chronic illnesses and advancements in imaging technologies are also anticipated to favor contrast media market development over the coming years.
Browse in-depth TOC on “Contrast Media Market” Pages – 197 Tables – 95 Figures – 76 Contrast Media Market Overview: Report Coverage
Details Market...
Buchanan Technologies Strengthens Oracle Expertise with Heartland IT Consulting Acquisition
Written by Customer Service on . Posted in Mergers And Acquisitions.
GRAPEVINE, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) — Buchanan Technologies, a leading IT and Application Managed Services provider, has acquired Dallas-based Heartland IT, an IT services firm with primary expertise in Oracle technologies, including Oracle Fusion Applications (OFA), Oracle Cloud Infrastructure (OCI), Oracle EBS, JD Edwards, and PeopleSoft. This marks the third acquisition Buchanan has completed in the last three years centered around its Oracle solutions.
Heartland IT was founded in 2010 with a vision to be the premier Oracle consulting firm providing services to multinational organizations. With exceptional delivery expertise in Oracle technologies and a robust grasp of the needs of diverse industries, Heartland IT has created innovative solutions for its tenured customer base, assisting clients with their journey...
Medical Billing Outsourcing Market to Grow at USD 30.2 Billion by 2031: Driven by Increasing Demand to Improve Accuracy of Billing | SkyQuest Technology
Written by Customer Service on . Posted in Mergers And Acquisitions.
Global Medical Billing Outsourcing Market size was valued at USD 12.2 billion in 2023 to USD 30.2 billion by 2031, growing at a CAGR of 12.03% in the forecast period (2024-2031).
Westford, USA, Sept. 25, 2024 (GLOBE NEWSWIRE) — The medical billing outsourcing market is growing extensively mainly due to bad debts & uncollectable accounts, emergence of advanced technological solutions, and changing government guidelines. Medical billing outsourcing can assist in minimizing the expenses of equipment and software, enhance cash flow, and enables companies to reduce employee size and expense. With the increasing utilization of IT resources in the medical business and robust government support, the market is growing exponentially. Furthermore, the increasing expense of medical, especially in the developed economies has increased...
Ohmyhome Reports Results of 106% Growth in the First Half of 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Revenues achieved S$4.5 million (US$3.3 million), representing a 106% growth compared to the first half of 2023.
Revenue growth was driven by increased performance across all three primary business units.
EBITDA loss margin narrowed from -107% to -44%.
Net income loss reduced to S$2.3 million (US$1.7 million), or US$0.07 per diluted share.
Cash and Cash Equivalents stood at S$2.4 million (US$1.8 million).SINGAPORE, Sept. 25, 2024 (GLOBE NEWSWIRE) — Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”, “the Company”), a one-stop-shop property technology platform providing end-to-end property solutions and services including brokerage, renovation and condominium property management services in Singapore, is pleased to report its financial results for the six months ended June 30, 2024.
Significant Revenue Growth and Margin Improvement
For the...