Month: May 2025

PHOENIX, May 01, 2025 (GLOBE NEWSWIRE) — Today, AirTera℠, the service mark of NATA Compliance Services (NATA CS), announced the acquisition of Safety and Security Instruction (SSi), a premier provider of learning management systems (LMS) and airport-specific training content for the aviation industry. This move positions AirTera℠ as the most comprehensive, real-time platform for security, identity management, safety oversight, and automated training in the aviation ecosystem. Through this strategic acquisition, AirTera℠ now unites the capabilities of NATA CS, Soar SMS, and SSi, delivering an unmatched platform that empowers airports, air operators, and ground facilities to streamline credentialing, compliance, and training—while increasing cybersecurity, reducing liability, and dramatically improving operational efficiency. “With...

Acquisition supports Resmed’s growth in virtual care, expands access to diagnosis, and enhances the digital experience for patients and providers SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) — Resmed (NYSE: RMD, ASX: RMD), the leading health technology company focused on sleep, breathing, and care delivered in the home, today announced it has acquired VirtuOx, a leading independent diagnostic testing facility (IDTF) for sleep, respiratory, and cardiac conditions. The acquisition reflects Resmed’s commitment to improving the way care is delivered—by making it more accessible, more coordinated, and more patient friendly. With VirtuOx’s at-home diagnostic services, Resmed will be better positioned to support patients earlier in their journey and help healthcare providers and homecare companies deliver care in a simpler, more connected...

CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) — Formidium UK Ltd., a wholly owned subsidiary of Formidium Corp., a global leader in fund administration solutions and technology, has successfully acquired assets of Praxonomy Ltd. This strategic acquisition aims to strengthen Formidium’s corporate services portfolio by integrating Praxonomy’s flagship cloud-based board management solution, Boardlogic. Praxonomy, a UK-based software company, specialized in optimizing board governance through secure, intuitive, and efficient technology. Its primary product, Boardlogic, is a purpose-built collaboration platform designed exclusively for boards of directors. The platform facilitates seamless meeting management, secure document sharing, real-time communication, and informed decision-making, all within a highly secure and cost-effective environment....

ISLANDIA, N.Y., May 01, 2025 (GLOBE NEWSWIRE) — West Technology Group, LLC (the “Company” or “West”) has completed the sale of its Notified business to Equiniti (EQ)1, a global leader in shareholder services and advisory firm. “We are pleased to complete the sale of Notified and believe that the complementary strengths of EQ and Notified will elevate the platform to new heights,” said John Shlonsky, President and Chief Executive Officer of West. “Notified has transformed the way businesses connect with stakeholders, and we are confident that under EQ’s leadership, it will continue to innovate and expand its reach. We look forward to seeing Notified flourish in its next chapter.” The sale price was $534.5 million, inclusive of an $80 million earnout. The Company intends to use the net proceeds of the sale in accordance with its...

Combining EQ’s shareholder services and robust Investor Relations (IR) capabilities with Notified’s public relations (PR) and IR solutions to help companies grow, engage stakeholders and communicate with confidence at every stage.   Transaction Highlights Establishes Comprehensive Solution: Combines EQ’s shareholder services leadership and robust IR capabilities with Notified’s PR and IR expertise to deliver a comprehensive solution for companies at every stage of growth.  Supports the Full Corporate Lifecycle: Equips public and private companies with tools for shareholder engagement, disclosure and media outreach from pre-IPO through maturity.  Extends Global Reach and Client Base: Serves 12,000 clients in 90 countries including more than half of the FTSE 100, one third of the S&P 500 and half of the Nasdaq.   Accelerates Innovation...

MARKHAM, Ontario, May 01, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced today that its wholly owned home health care subsidiary, ParaMed Inc. (“ParaMed” or the “Purchaser”), has entered into an agreement to acquire all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. and certain affiliates (collectively, “Closing the Gap”) from the ultimate shareholders of Closing the Gap (the “Transaction”). Closing of the Transaction is subject to customary closing conditions, including receipt of consents from third parties, including the Minister of Health for Ontario and the Minister of Seniors and Long-Term Care for Nova Scotia, and is not conditional on financing or due diligence. The Transaction is anticipated to close in the third quarter of 2025. ParaMed is...

CAMBRIDGE, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Kronos Bio, Inc. (“Kronos Bio”) (Nasdaq: KRON), a biotechnology company that has been developing small molecule therapeutics to address cancers and other diseases driven by deregulated transcription, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with Concentra Biosciences, LLC ( “Concentra”), whereby Concentra will acquire Kronos Bio for $0.57 in cash per share of Kronos Bio common stock (“Kronos Bio Common Stock”), plus one non-tradeable contingent value right (“CVR”), which represents the right to receive: (i) 50% of the net proceeds in the case of a disposition of the Company’s product candidates known as KB-9558 and KB-7898 that occurs within 2 years following closing; (ii) 100% of the net proceeds in...