Silicon Valley Journals 
pieFi, is happy to announce the introduction of Upside.coop, a ground-breaking platform that provides businesses with the tools they need to establish a new level of authentic engagement with their consumers and fans – by sharing actual ownership. Brands require a better strategy to retain retention and growth, particularly during times of economic instability. Upside.coop … Read more
Mad Street Den, a leader in Enterprise AI, announced today a new round of Series C funding headed by Avatar Growth Capital, with current investors Sequoia Capital and Falcon Edge participating. Mad Street Den will be able to expand its artificial intelligence offerings across industries as a result of the financing. Mad Street Den’s AI … Read more
Omega Systems, a managed service provider and managed security service provider based in Berks County, has purchased TNS Group. TNS Group is a Stamford, Connecticut-based IT services firm. Omega’s third strategic acquisition in the last year is TNS. According to a news statement announcing the agreement, the latest acquisition is expected to increase Omega’s influence … Read more
Shockwave Medical announced today that it has inked an agreement to purchase all of Neovasc‘s issued and outstanding common shares. In January 2022, Neovasc recruited its first patient in a clinical trial of the Neovasc Reducer. The device was created by the business to alleviate angina symptoms in persons suffering from refractory angina. It was … Read more
Global investment firm Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar “false pretenses”, the media reported. The New York Post reported that Goldman Sachs’ CEO David Solomon “e-mailed calendar invites that called targeted employees to … Read more
Crypto.com is the latest victim of the recession, having announced the layoff of 20% of its workforce. This isn’t crypto’s first bad market, but the fall of FTX has exacerbated its consequences dramatically. Crypto is facing not only an economic collapse, but also a general lack of faith in the business. Let’s go over what’s … Read more
According to a Financial Times report citing three people familiar with the subject, Elon Musk could face the first interest payment on the debt he took on to buy Twitter as early as this month. Given Twitter’s high amount of indebtedness, the world’s second-richest man may have to consider selling more Tesla shares to fund … Read more
S.P. Richards Co. (SPR), an independent business products wholesaler, announced a definitive purchase agreement with Central National Gottesman (CNG). The closing is scheduled for January 31, 2023. CNG is a $9 billion sales and distribution company with operations in the global pulp, paper, tissue, packaging, wood products, and metals industries. CNG is a privately held … Read more
Holland Pump Company, a leading independent specialty pump rental and dewatering solutions provider, announced today the completion of its acquisition of BPR Pumping & Vacuum Solutions of Pearland, Texas. This is Holland Pump’s sixth acquisition since partnering with XPV Water Partners, adding branches in Houston and Austin, TX, as well as complementary rental equipment, to … Read more
Semtech Corporation and Sierra Wireless, Inc. announced today the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction valued at approximately US$1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately US$100 million in recurring revenue from high-margin IoT Cloud services. Semtech anticipates that the acquisition will be immediately accretive to … Read more