5 Companies That Came To Win This Week
For the week ending March 12, CRN takes a look at the companies that brought their ‘A’ game to the channel. By Rick Whiting March 12, 2021, 01:01 PM EST
The Week Ending March 12
Topping this week’s Came to Win list is AMD for making a savvy channel executive management hire.
Also making the list are application security startup Snyk for an impressive Series E funding round, Schneider Electric for launching a program to help partners develop managed power services practices, cloud networking provider Perimeter 81 for debuting its own new partner program for SASE-focused MSPs, and Datto for a strategic acquisition in security technology.
By Lauren C. Williams
NOTE: This article first appeared on FCW.com.
The House Armed Services Committee has launched a task force to investigate defense supply chain vulnerabilities, foreign manufacturing concerns and other issues raised by the pandemic. The experience of our totally disrupted supply chains in the early part of the pandemic was a pretty searing experience, Rep. Elissa Slotkin (D-Mich.), co-chair of the Defense Critical Supply Chain Task Force, told reporters on March 10.
Supply chain vulnerabilities have long been a concern in the Pentagon but really gained increased attention in recent years particularly regarding foreign manufacturing of technologies such as small drones, semiconductors and microelectronics.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Maria Duey Joins Hooker Furniture Corp. Board of Directors
Hooker Furniture CorporationMarch 11, 2021 GMT
MARTINSVILLE, Va., March 11, 2021 (GLOBE NEWSWIRE) Maria Duey, a senior financial executive with over 20 years of experience in mergers and acquisitions and investor relations at publicly-traded global manufacturing companies, has joined the Board of Directors of Hooker Furniture Corporation (NASDAQ-GS:HOFT) based here.
Duey is currently CEO and founder of Leonine Advisory, a consulting firm specializing in strategic planning and mergers and acquisitions for middle-market companies. She previously spent 18 years at Masco Corp., a leading manufacturer of branded home improvement and building products, where she implemented and led investor relations strategy and managed and executed numerous acquisitions, divestitures and investments. She also served in a similar capacity for seve
Adient to End Yanfeng Joint Venture in China
Adient agreed to end its Yanfeng Adient Seating joint venture in China with partner Yanfeng Automotive Trim Systems. Adient will receive $1.5 billion.
Author:
Adient (
ADNT) - Get Report said it agreed to end its Yanfeng Adient Seating Co. joint venture in China with venture partner Yanfeng Automotive Trim Systems. Under the terms, Adient will sell its 49.99% interest in Yanfeng Adient Seating to Yanfeng Automotive as well as its minority interest in various other joint ventures and will receive $1.5 billion. And Adient said it would acquire Yanfeng Adient Seating s half interest in Chongqing Yanfeng Adient Automotive Components Co. and Yanfeng Adient Seating s 100% equity interest in Yanfeng Adient (Langfang) Seating Co.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Net Element Releases Letter to Shareholders
Net Element, Inc.March 12, 2021 GMT
MIAMI, March 12, 2021 (GLOBE NEWSWIRE) via InvestorWire Net Element, Inc. (NASDAQ: NETE ) (“ Net Element ” or the “Company”), today issues the following update on the pending merger with privately held Mullen Technologies, Inc. (“Mullen”), a Southern California-based electric vehicle (“EV”) company, in a stock-for-stock reverse merger in which, subject to the merger being consummated, Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger Company.
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Dear Fellow Shareholders,