Latest Posts Under: California

Intel acquires Israeli AI processing company Habana Labs for $2bn

Intel acquisition of Habana Labs : Intel has acquired Israeli AI processing company Habana Labs for nearly $2 billion, in a move to bolster its artificial intelligence (AI) portfolio. The acquisition of the AI chipmaker is also expected to fast track Intel’s efforts in the AI silicon market, which it predicts to be more than […]

Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns

US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address regulatory concerns, as per the latest drinks acquisition news. Constellation Brands said that the revisions to the transaction are to resolve competitive issues brought up by the US Federal Trade […]

Charles Schwab, TD Ameritrade sign $26bn merger deal

Charles Schwab acquisition of TD Ameritrade: Charles Schwab, a California-based bank and stock brokerage firm, has signed an all-stock deal valued at around $26 billion to acquire TD Ameritrade, a securities brokerage services provider based in Nebraska. TD Ameritrade offers investing services to nearly 12 million client accounts totaling around $1.3 trillion in assets, and […]

Inszone Insurance Services acquires Jones Wilson Insurance in Arizona

Inszone Insurance Services, a California-based personal and commercial lines insurance provider, has acquired Arizona-based Jones Wilson Insurance for an undisclosed price, as per the latest insurance acquisition news. Jones Wilson Insurance, which is headquartered in Benson, has been offering insurance services to businesses and residents of Cochise County for close to six decades. Troy Jones […]

PRN opens California Rehabilitation & Sports Therapy in Long Beach, CA

Physical Rehabilitation Network (PRN) has opened California Rehabilitation & Sports Therapy (Cal Rehab – Lakewood), a new outpatient clinic in Long Beach, California. The outpatient clinic, which is located inside LA Fitness at 5810 Downey Ave, is the 15th clinic of Cal Rehab in the greater Orange County/Los Angeles area and the 29th clinic in […]

Cerberus to buy building services provider Kellermeyer Bergensons Services

Alternative investing firm Cerberus Capital Management said that one of its affiliates has agreed to acquire Kellermeyer Bergensons Services (KBS) from affiliates of GI Partners for an undisclosed price. Based in Oceanside, California, Kellermeyer Bergensons Services provides technology-enabled, integrated facility management services to customers in North America. Through its differentiated technology and suite of facility […]

H2O Innovation to expand specialty products business through Genesys acquisition

H2O Innovation through a wholly-owned UK subsidiary has agreed to acquire Genesys Holdings and its subsidiaries, Genesys Manufacturing, Genesys International and Genesys North America that develop and manufacture specialty chemicals for water treatment. The acquisition valued at £16.95million (C$28.39million) will add to H2O Innovation’s specialty chemicals line of products and complements the company’s existing manufacturing […]

Space tourism operator Virgin Galactic wraps up $450m merger with SCH

US aerospace company Virgin Galactic (VG), which is embarking on making human spaceflight possible for private individuals and researchers, has completed its previously announced $450 million merger deal with public investment vehicle Social Capital Hedosophia (SCH). The resulting space tourism operator following the merger has been named Virgin Galactic Holdings. The aerospace company manufactures its space […]

Lindora acquires new fleet of Zerona Z6 body contouring machines

Lindora, a US weight loss and wellness company said that it has acquired a new fleet of Zerona Z6 body contouring machines for an undisclosed price to expand its body contouring services on the west coast. Developed by Erchonia, Zerona Z6 body contouring technology is said to be a full-body fat loss treatment that utilizes low-level, […]

Don Lee Farms introduces new plant-based Better Than Beef Burger

Don Lee Farms, a US organic and conventional food products manufacturer, has introduced the new Better Than Beef Burger, filling the vacuum for a nutritious beef alternative in the plant-based burger market. The Better Than Beef Burger, which comes close on the heels of the company’s Organic Plant-Based Burger, is a source of protein made […]

Scroll To Top