Based in Cambridge, Mass., Cambridge was a leader in atomic layer deposition (ALD) solutions with hundreds of system installations in research and manufacturing settings worldwide. Financial terms of the transaction were not disclosed. ...
Tags: atomic layer deposition, manufacturing settings, acquisition, Ultratech
Facebook for Companies" will start Crowdfunding on 29th of July - swabr to partner with innovative Auction-Platform Innovestment - Funding for Mobile Applications and Premium Version On Sunday, 29th of July 2012, the crowdfunding ...
Tags: Facebook, Innovestment platform, microblogging service, auction platform
Florida based The Main Street America Group has chosen Clearwater Analytics, an investment accounting and portfolio reporting and analytics software firm, to offer consolidated investment accounting, reporting and analytics on its $1.7bn ...
Tags: Main Street America Group, Clearwater Analytics, investment accounting
Allstate has reported that its net income rose by 46.2% to $766m for the first quarter of 2012, or $1.53 per diluted share compared to a net income of $524m, or $0.98 per diluted share in the same period in 2011. Allstate chairman, ...
Tags: Allstate, net income, auto insurance, partnership income, operating income
Farmers Mutual Hail Insurance of Iowa (FMH) has selected Miles Capital as fixed income manager, under which it will manage nearly $220m of the fund of the Insurance Asset Management Team. Managing assets for many Property & Casualty ...
Northwestern Mutual Life Insurance has appointed Ron Joelson as its new chief investment officer. Joelson, who is currently the chief investment officer of Genworth Financial, will succeed Mark Doll, who retires on 30 June 2012 following ...
GHACEM Limited has increased its production capacity at its Tema factory from 1.2 million tonnes to 2.2 million tonnes per annum. This has further boosted the overall annual capacity to 3.4 million tonnes, with productions from the ...
Tags: production capacity, expansion project, cement, quality cement
The Lloyd's of London insurance has put in place a contingency plan and decreased its exposure to euro area countries, Lloyd's chief executive Richard Ward has confirmed. Richard Ward told The Sunday Telegraph newspaper that the firm was ...
Tags: London insurance, contingency plan, euro area, insurance, Lloyd
US based Excellere Partners has sold MTS Medication Technologies (MTS), a manufacturer of medication adherence packaging solutions, focused on the long-term care and retail pharmacy markets. In May 2012 MTS was sold to Omnicell, a ...
Tags: medication adherence packaging solutions, management solutions
XL Group has reported a net income of $176.63m, or $0.56 per diluted share, for the first quarter of 2012, compared to a net loss of $227.28m, or $0.73 per diluted share, for the same period in 2011. The total revenues for the first ...
Tags: XL Group, net income, quarter 1, insurance company
Guinness Peat Group plc (GPG) announces update on value realisation programme and proposed structure On 11 February 2011, the GPG Board outlined a revised strategy for the GPG Group that focused on the following key principles: - GPG to ...
Tags: GPG, investment, capital notes, wind-down plan
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
Aflac has promoted Eric Kirsch to executive vice president, global investments, while continuing to serve as global chief investment officer. Kirsch will continue to report to Aflac's executive vice president and deputy chief financial ...
Tags: Aflac, Eric Kirsch, vice president
Business heads regard IT as a competitive advantage,according to Gartner. "Board directors clearly have a top priority to invest in and leverage IT for competitive advantage,"said Jorge Lopez,vice-president and distinguished analyst at ...
Tags: Gartner, competitive advantage, Business heads, IT
Cisco today confirmed its chief strategy officer,Ned Hooper,is stepping down from his role to set up his own investment company. He will be replaced by Cisco CTO Padmasree Warrior,who will continue in her current role as well as taking on ...
Tags: Cisco, Ned Hooper, Padmasree Warrior, John Chambers, networking firm