US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has completed the acquisition of Heiser Insurance Agency (HIA), a US-based retail insurance broker. Terms and conditions of the transaction have not ...
Tags: insurance brokerage, risk management, acquisition, company news, insurance
ACE Tempest Re, the global reinsurance business of the ACE Group, has appointed David Mann as senior underwriter, structured and medical malpractice reinsurance, effective from 1 January 2013. Based in London, Mann in his new role will be ...
Tags: ACE Tempest Re, reinsurance, ACE Group, insurance
Canada’s private equity investment firm Onex has acquired USI Insurance Services (USI) for approximately US$2.3bn. With the completion of transaction, Onex, Onex Partners III and employees of USI own 100% of the company. USI ...
Tags: Onex, USI Insurance Services, acquisition, specialty markets
Motorola Mobility will close down most operations in South Korea in 2013 as part of an ongoing restructuring under Google ownership. The decision is estimated to affect about 500 jobs in South Korea and follows a decision made a month ago ...
Tags: Motorola Mobility, operations, South Korea, 2013, Google ownership
Amazon is providing a way for one of the most popular JavaScript extensions, node.js, to easily access the Amazon Web Service collection of cloud computing capabilities. The AWS Developer Tools Team has released a preview of an SDK ...
Tags: Amazon, JavaScript extensions, AWS Services, SDK
By grouping several big data, software development, and cloud efforts under a single operation, VMware and parent company EMC have developers and devops in mind, analysts say. The vendors' Pivotal Initiative, announced Dec. 4, is about ...
Tags: VMware, big data, software development, cloud effort, EMC
Health care provider Kaiser Permanente has begun hiring about 500 IT professionals to staff its new information technology campus in Englewood, Colo. Kaiser, which says it employs about 6,000 IT workers nationwide, said the Englewood ...
Tags: Kaiser, information technology campus, Englewood hiring process
To break its slump in the server market, Advanced Micro Devices is embarking on an aggressive strategy that calls for ARM and x86 chips by 2014 and continued improvements to its Opteron line in the meantime. The company on Tuesday ...
Tags: AMD, server, x86 chips, Opteron Processors, low-power Opteron processors
Advanced Micro Devices has cut orders to contract chip manufacturer GlobalFoundries, expecting a "choppy demand environment" in the next few quarters. The company said Thursday it has amended its wafer-supply agreement to cut its purchase ...
Tags: chip, AMD, GlobalFoundries, PC, server, graphics processors
Google has ended a free version of its Google Apps online application suite for small businesses, saying it wants to provide a stronger and more uniform experience to users. The Internet giant said Thursday in a blog post that now even ...
Tags: Google, online application
Sometimes, you play games to build something, like being the architect of your own simulated city. Sometimes, though, its more fun to wreck stuff, like being the architect of your own sandcastles destruction. In Plague Inc. by Ndemic ...
Tags: iPhone, iPad, Plague Inc
Samsung is expected to show off its Intel-based Series 5 Hybrid PC tablet running Windows prior to the start of the IFA trade show in Berlin this week. The South Korean manufacturer posted a photo of the new device on Facebook today. ...
Tags: Samsung, Series 5 Hybrid PC tablet, Windows, IFA
Google will pay a historic fine to settle Federal Trade Commission charges that it bypassed privacy settings and used cookies to track Apple Safari users who visited Google's DoubleClick ad network. The $22.5 million civil penalty is the ...
Tags: Google, historic fine, FCC, privacy settings
PPG Industries announced last week that it has received a favorable private letter ruling from the U.S. Internal Revenue Service regarding the previously announced separation of its commodity chemicals business and subsequent merger of a ...
Tags: PPG Industries, Internal Revenue Service, commodity chemicals business
China Sunergy Co., Ltd., a manufacturer of solar cells and modules, today announced that the company has set up a new manufacturing facility in Istanbul, Turkey with local partner Seul Energy Investment Corp., a solar system provider, solar ...
Tags: China Sunergy, solar cells, Seul Energy Investment, company news