Tata Elxsi, a global leader in design and technology services, has announced a major strategic multi-year deal worth €50 million with a prominent European-headquartered automotive original equipment manufacturer (OEM). The partnership will see Tata Elxsi become a key engineering partner in the development of platform and application solutions across software-defined vehicle (SDV) platforms, electrification, body… Continue reading Tata Elxsi Secures €50 Million Strategic Deal with Leading European Automotive OEM
Tag: M and A
SAIC, Huawei launch Shangjie NEV brand
SAIC Motor’s logo. Chinese state-owned automaker SAIC Motor launched the Shangjie new energy vehicle (NEV) brand this week, in partnership with local technology giant Huawei Technologies. SAIC Motor is the latest automaker to join Huawei’s Harmony Intelligent Mobility Alliance, which also includes the Aito brand developed with Seres Group, the Luxeed with Chery Automobile, Stelato… Continue reading SAIC, Huawei launch Shangjie NEV brand
The BLVD Group Strengthens Its Rhode Island Presence with Woonsocket Purchase
WOONSOCKET, R.I., April 17, 2025 /PRNewswire/ — The BLVD Group (“BLVD”), a leading developer and owner of affordable housing, today announced its $57 million acquisition and planned LIHTC renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The transaction positions the company to preserve and upgrade existing affordable housing while expanding opportunities for… Continue reading The BLVD Group Strengthens Its Rhode Island Presence with Woonsocket Purchase
K1 Speed Donates $25,000 to Paul Walker’s Disaster Relief Charity
IRVINE, Calif., April 17, 2025 /PRNewswire/ — K1 Speed, the world’s largest indoor go-kart racing operator, is proud to donate $25,000 to Reach Out WorldWide (ROWW) in response to the devastating Los Angeles wildfires earlier this year. ROWW improves relief efforts in areas affected by natural disasters, transporting medical and construction professionals to places in… Continue reading K1 Speed Donates $25,000 to Paul Walker’s Disaster Relief Charity
James Gromann Joins Rubin and Rudman’s Real Estate Practice Group
BOSTON, April 17, 2025 /PRNewswire/ — Rubin and Rudman is pleased to announce that James Gromann has joined the firm as an associate in the Real Estate practice group. He joins the firm from Schlossberg LLC. Gromann focuses his practice on commercial real estate and has over six years of experience representing clients in the acquisition, sale,… Continue reading James Gromann Joins Rubin and Rudman’s Real Estate Practice Group
Select Medical to Acquire Assets of Baptist Memorial Restorative Care Hospital
MECHANICSBURG, Pa., April 17, 2025 /PRNewswire/ — Select Medical Corporation (“Select Medical”) today announced an agreement to purchase substantially all assets of Baptist Memorial Restorative Care Hospital from Memphis, TN-based Baptist Memorial Health Care. The 30-bed, critical illness recovery hospital (licensed as long-term acute care), is located on the fourth floor of Baptist Memorial Hospital-Memphis.… Continue reading Select Medical to Acquire Assets of Baptist Memorial Restorative Care Hospital
Healthcare Technology Veteran Russ Johannesson Appointed CEO of Caregentic to Accelerate Growth and Market Leadership
Strategic leadership appointment positions Caregentic to lead next wave of AI-driven transformation in healthcare delivery NEW YORK, April 17, 2025 /PRNewswire/ — Caregentic, an advanced AI-native patient automation platform that streamlines clinician workflows, today announced the appointment of Russ Johannesson as CEO. A seasoned healthcare executive, entrepreneur, and board member with over three decades of… Continue reading Healthcare Technology Veteran Russ Johannesson Appointed CEO of Caregentic to Accelerate Growth and Market Leadership
Virga Capital Announces Grand Opening of Home2 Suites by Hilton Bozeman Four Corners, MT
With 100 suites designed for business and leisure guests, Home2 Suites by Hilton Bozeman Four Corners combines the brand’s signature style with a prime location for travelers and their pets seeking modern amenities and the comforts of home. In addition to contemporary, spacious suites equipped with full kitchens, the hotel offers amenities, such as flexible… Continue reading Virga Capital Announces Grand Opening of Home2 Suites by Hilton Bozeman Four Corners, MT
Health Net and Centene Foundation Commit $1 Million to Rebuild Los Angeles After Historic Fire Devastation
Health Net to host convening with California Community Foundation and others to coordinate recovery of critical healthcare infrastructure SACRAMENTO, Calif., April 17, 2025 /PRNewswire/ — One hundred days after the devastating Eaton Fire began, Health Net, one of California’s most experienced Medi-Cal managed care health plans, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC),… Continue reading Health Net and Centene Foundation Commit $1 Million to Rebuild Los Angeles After Historic Fire Devastation
Scion Life Sciences Expands Team with Appointment of Three Venture Partners
Experienced Founders & Operators to Lead First Wave of Internally Incubated Scion Startups NEW YORK, April 17, 2025 /PRNewswire/ — Scion Life Sciences (“Scion”), a venture capital firm dedicated to founding and building exceptional biotechnology companies, today announced the appointment of Lalo Flores, Ph.D., Huw Nash, Ph.D. and Romesh Subramanian, Ph.D. as Venture Partners to… Continue reading Scion Life Sciences Expands Team with Appointment of Three Venture Partners