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UK private equity house Exponent has sealed the buyout of premium dessert brand Gü in a deal believed to value the business at about £150m.
Washington’s tech industry hasn’t been immune to the pandemic. Companies such as the IT giant DXC and the event-organizing platform Cvent cut jobs amid the slowdown. But some, including the hot cloud-computing company Appian, committed to hundreds of new hires. Indeed, plenty of other good business news came from Washingtonian’s Tech Titans during the past year. Our 2021 winners—who were selected through both reporting and an informal process of nominations from their peers—managed to start up new and innovative companies, close on huge funding rounds, ink massive contracts, and ann...
ICEYE Opens New Spacecraft Production Facility in Irvine, California, Expands U.S. Manufacturing, Research and Customer Operations IRVINE, Calif., April 15, 2021 /PRNewswire/ -- ICEYE, the global leader in persistent monitoring of Earth from its constellation of radar imaging satellites, today announced that it has opened a new manufacturing facility in Irvine, California. The company's U.S. headquarters will host the production of multiple spacecraft simultaneously and also contain a research and development lab, offices, and a customer engagement space. Importantly, the Irvine location als...
Picture: Anna Gowthorpe/PA AS the one-year anniversary of the first lockdown approaches, people are feeling frazzled and burnt out despite vaccines and an end to lockdown on the horizon. Burnout occurs after a prolonged stressful situation, with many in the North-East feeling beat-down by the pandemic and extra demands it has brought. If you are feeling frazzled and struggling to sleep, depressed and exhausted, or all of the above, you may be experiencing burnout. READ MORE: One County Durham woman, who did not want to be named, feels like she had no choice but to quit her decades-lon...
DARPA to Hire Biz Execs to Help Its Researchers Take Tech to Market In a cooperative effort with In-Q-Tel, 150 research teams will get funds to help develop go-to-market strategies. The Defense Advanced Research Projects Agency is formalizing and expanding a pilot program that connects its research teams to business expertise to help take technologies out of the lab and into production. In a partnership with nonprofit venture capital firm In-Q-Tel, the Embedded Entrepreneurship Initiative will provide 150 DARPA research teams with funds to hire business executives to develop go-to-m...