Sysco Corp. (SYY) Acquires e-Commerce Platform Supplies on the Fly Jul 1, 2016 04:05PM

Sysco Corporation (NYSE: SYY) announced it has acquired Supplies on the Fly, an innovative e-commerce platform providing restaurant supplies and equipment exclusively to Sysco customers. The price of the acquisition was not disclosed.

Headquartered in Kennesaw, Ga., Supplies on the Fly allows Sysco customers to place orders for more than 170,000 products online or by telephone via an e-commerce platform that is fully integrated with Sysco’s business information... (continue reading...)

MaxLinear (MXL) Announces Completion of Asset Acquisition from Broadcom Jul 1, 2016 04:04PM

MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks, and wireless infrastructure today announced that it has completed its previously announced acquisition of certain assets and intellectual property related to the wireless infrastructure backhaul business of Broadcom Corporation, or Broadcom, for... (continue reading...)

MGT Capital Investments (MGT) Appoints New Corp. Communications Director Jul 1, 2016 04:02PM

MGT Capital Investments, Inc. (NYSE: MGT) announced the appointment of Tiffany Madison as its Director of Corporate Communications, effective immediately.

Madison was previously the CEO of d10e, an international disruptive technology conference, founded by venture capitalist and cryptocurrency pioneer Brock Pierce of Blockchain Capital. She has consulted with dozens of startups and small businesses on their marketing, public relations, and communications operations.... (continue reading...)

Akamai Technologies (AKAM) Receives Positive Verdict in Limelight Networks (LLNW) Spat; Awarded ~$51M in Damages Jul 1, 2016 02:33PM

Akamai Technologies, Inc. (Nasdaq: AKAM) announced that the U.S. District Court in Massachusetts entered final judgment in Akamai's favor in its long-running patent infringement case against Limelight Networks, Inc. The judgment, which followed a series of appeals up to and including the Supreme Court of the United States, determined that Limelight infringed certain claims of U.S. Patent No. 6,108,703 and awarded Akamai a total of nearly $51 million in damages.

The... (continue reading...)

Merck Animal Health to Acquire Controlling Vallée S.A. Stake in $400M Deal (MRK) Jul 1, 2016 12:07PM

Merck Animal Health announced it has executed an agreement to acquire a controlling interest in Vallée S.A., a leading privately-held producer of animal health products in Brazil.

Vallée has an extensive portfolio of more than 100 products spanning parasiticides, anti-infectives and vaccines. The company’s portfolio includes products for livestock, horses, and companion animals. Vallée was founded with the mission of producing a Foot and Mouth Disease (FMD) vaccine... (continue reading...)

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Jul 1, 2016 08:51AM Neonode (NEON) Announces AirBar Distribution Agreement With Ingram Micro Asia (IM)
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Jun 30, 2016 04:10PM Violin Memory (VMEM) Adds Applied Value's Grant as Director
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Jun 30, 2016 04:07PM NuVasive (NUVA), Medtronic (MDT) Agree to Settle Patent Litigation
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Jun 30, 2016 04:05PM Ligand Pharma (LGND) Receives $4M from Expansion of Two OmniAb License Agreements
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