Posts By: Soujanya Ravi

Airlines Reporting Corpation acquires majority stake in nuTravel

Airlines Reporting Corporation (ARC), a ticket transaction settlement services provider, has acquired a majority share in nuTravel, a provider of corporate retailing solutions for airlines. The financial terms of the deal were not disclosed. Established in 2002, nuTravel is said to have developed a direct-distribution B2B and B2B2C traveler management and booking application platform, called Universal […]

Todos Medical to acquire in vitro diagnostics company Provista Diagnostics

Todos Medical acquisition of Provista Diagnostics : Israel-based Todos Medical signed an exclusive option agreement to acquire Provista Diagnostics,  an in vitro diagnostics company having a CLIA/CAP certified lab in Alpharetta, Georgia. Financial terms of the possible deal have not been disclosed. Todos Medical is an in-vitro diagnostics company engaged in developing blood tests for […]

Middleby acquires frozen French fry dispensing equipment RAM Fry Dispensers

Middleby, a US food-service equipment provider, has acquired RAM Fry Dispensers, a subsidiary of Minnesota-based Automated Equipment for an undisclosed price. RAM Fry Dispensers are a range of automated frozen French fry dispensing equipment. Automated Equipment provides dispensing equipment to food service companies across the world. Tim Fitzgerald – CEO of Middleby said: “The addition […]

Stonyfield Organic launches new probiotic yogurt drink – Daily Probiotics

Stonyfield Organic, an organic yogurt producer, has rolled out Daily Probiotics, a probiotic yogurt drink in the US, which is claimed to support both immune and digestive health. The probiotic yogurt drink comes in a 3.1oz easy-to-drink bottle and is available in two flavors – Blueberry Pomegranate and Strawberry Acai. Stonyfield Organic said that the […]

CropX acquires precision-irrigation tools provider CropMetrics

CropX acquisition of CropMetrics : CropX, a soil sensing and agricultural analytics company, has acquired CropMetrics, a Nebraska-based cloud-based, precision-irrigation tools provider, for an undisclosed price. The acquisition is said to enable partners and customers of both CropMetrics and CropX access to advanced farm management analytics, in-soil data, and decision-support tools. Commenting on the CropX acquisition […]

Neogen acquires Italian food safety company Diessechem

Neogen acquisition of Diessechem : Michigan-based food safety company Neogen has acquired Diessechem, an Italian distributor of food and feed safety diagnostics, for an undisclosed price. Ever since Diessechem was established in 1993, it has been an authorized distributor of the food safety company. Diessechem is a supplier of diagnostic kits and instruments that are […]

Element Biosciences raises $80m for genomic sequencing solutions

Californian biotechnology startup Element Biosciences, which focuses on developing genomic sequencing solutions for research and diagnostic markets, has raised $80.3 million in a Series B financing round. The financing round saw the entry of new investors Fidelity Management & Research and JS Capital alongside participation from existing investors Foresite Capital and Venrock. The US biotechnology startup […]

MTN Dew Zero Sugar launch : PepsiCo expands Mountain Dew range with new sugarless version

MTN DEW Zero Sugar launch : PepsiCo North America Beverages has launched a sugar-free version of its carbonated soft drink Mountain Dew in the US, as per the latest soft drink industry news. According to PepsiCo, the latest product – Mountain Dew sugarless flavor, called MTN DEW Zero Sugar, has the same bold charge and […]

PayPal signs $4bn deal to buy shopping and rewards platform Honey Science

PayPal acquisition of Honey Science : PayPal has signed a deal worth around $4 billion to acquire Honey Science, Los Angeles-based technology firm, which has developed a shopping and rewards technology platform. Honey Science operates as a web browser add-on and also as a mobile app serving about 17 million customers with discount codes and […]

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