Sunday, December 4

Science

MSP M&A: ICS Acquires Cards Technology
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MSP M&A: ICS Acquires Cards Technology

by Joe Panettieri • Aug 2, 2022 ICS, backed by private equity firm ClearLight Partners, has acquired Cards Technology. The deal expands New York-based ICS further south and establishes a presence in Ocean City, Maryland. Financial terms of the deal were not disclosed. This is technology M&A deal number 696 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here. ICS Buys Cards Technology: MSP Business Backgrounds Cards Technology, founded in 2000 by CEO Sam Card, has 12 employees listed on LinkedIn. The company offers managed IT and cybersecurity services, hardware and software procurement, cloud solutions, and additional areas Kevin Blake, CEO, ICS of expertise involving telephone sys...
Comporium Promotes Executive VP of Technology & Facilities
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Comporium Promotes Executive VP of Technology & Facilities

  ROCK HILL, S.C. (CN2 NEWS) – Roger Parker, who began his career at Comporium in 1994 as a Custodian, has worked his way through the ranks to achieve the role of Executive VP of  Technology and Facilities.Today Comporium announced that Parker will assume the role held by Jack Holiday who recently retired after 38 years of service to Comporium.Parker will oversee Comporium’s Facility and Construction, Engineering, Network Services, Supply Chain and Information Technology workgroups.See below full press release COMPORIUM PROMOTES ROGER PARKER TO EXECUTIVE VICE PRESIDENTAssumes Lead Role Over Technology and Facilities WorkgroupsROCK HILL, S.C.– August 2, 2022 – Comporium is excited to announce it has promoted Roger Parker to the position of Executive Vice President – Technology and Facilitie...
Americas Microsoft Dynamics team from DXC Technology joins Ernst & Young LLP, expanding its capabilities in Microsoft Business Applications and connected enterprise solutions
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Americas Microsoft Dynamics team from DXC Technology joins Ernst & Young LLP, expanding its capabilities in Microsoft Business Applications and connected enterprise solutions

NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Ernst & Young LLP (EY US) announced today that a highly skilled team of Americas Microsoft Dynamics professionals from DXC Technology (NYSE: DXC) is joining the EY Microsoft Services Group. The combined team will help clients modernize their finance and operations, enterprise resource planning (ERP) and supply chain management by designing, developing and implementing custom solutions using Microsoft technologies.  "Over the last five years, the EY organization has recognized the power of acquisitions to support the organization's NextWave strategy. I am very pleased to welcome this highly skilled team at a time when digital solutions are the cornerstone of today's working world," says Andy Baldwin, EY Global Managing Partner – Client Service. "T...
TECH TUESDAY: Trading Technology Saves ‘Mom & Pop’ Money 
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TECH TUESDAY: Trading Technology Saves ‘Mom & Pop’ Money 

TECH TUESDAY is a weekly content series covering all aspects of capital markets technology. TECH TUESDAY is produced in collaboration with Nasdaq. Wall Street technology may be the purview of large financial institutions, but its benefits filter down to Main Street in a very tangible way.    Kirsten Wegner, MMI  Automation and other advances over the past 30 years enable a middle-class worker making $70,000 annually, with a $100,000 retirement portfolio, to retire a full two years earlier, according to Modern Markets Initiative (MMI), an industry advocacy group. In a July report, MMI noted that average bid-ask spreads in equity markets have narrowed by 50%, and the commission on a $100 stock trade has shrunk from $6 to de minimis.   “Over the past decades, capi...
HII Wins $826M DOD Technology Innovation Contract
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HII Wins $826M DOD Technology Innovation Contract

Andy Green, HII Huntington Ingalls Industries has won the Decisive Mission Actions and Technology Services task order under the General Services Administration One Acquisition Solution for Integrated Services multiple award contract vehicle. This task order has a ceiling value of $826 million with performance of a 1-year base period and four 1-year option periods. “Advancing U.S. national security is HII’s highest priority,” said Andy Green, president of HII’s Mission Technologies division. “We are proud to partner with the Department of Defense and its mission partners to deliver critical integrated technology services to counter and deter current and emerging global threats.” Support under this task order includes technology, development, integration, collaboration and sustai...
Bryan Addresses Office of Health Information Technology Digital Health Summit
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Bryan Addresses Office of Health Information Technology Digital Health Summit

Gov. Bryan and Lt. Gov. Roach attended a reception at Government House on St. Thomas hosted by OHIT Executive Director Michelle Francis and attended by the team from Public Consulting Group, a primary sponsor of the Digital Health Summit.(Submitted photo) The Governor’s Office’s Office of Health Information Technology (OHIT) hosted its first Digital Health Summit July 26-27 at the Charles Turnbull Regional Library on St. Thomas and brought together more than 20 leading international and national health IT businesses, who sponsored the event and exhibited their solutions to summit attendees. Speakers also flew in from across the country from organizations like Google, Public Consulting Group, Centers for Medicare and Medicaid, Howard University, Blue Cirrus Consulting, Microsoft, Meditech, ...
ROCKWOOL® announces the launch of NyRock technology
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ROCKWOOL® announces the launch of NyRock technology

Rockwool’s new launch of NyRock technology delivers improved thermal performance, while maintaining non-combustibility and acoustic capabilities As pressure mounts on the construction industry to deliver more thermally efficient buildings whilst preserving standards of fire and acoustic performance, ROCKWOOL has launched NyRock technology. NyRock is an evolution in stone wool composition that delivers the lowest lambda stone wool insulation available in the UK. NyRock has a more efficient fibre structure to deliver low thermal conductivity Created using a new patented production process, this next generation stone wool insulation has a more efficient fibre structure that can deliver thermal conductivity as low as 0.032 W/mK. This means that U-values can be met wit...
Cognizant Technology Solutions Co. (NASDAQ:CTSH) Given Average Rating of “Hold” by Brokerages
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Cognizant Technology Solutions Co. (NASDAQ:CTSH) Given Average Rating of “Hold” by Brokerages

Shares of Cognizant Technology Solutions Co. (NASDAQ:CTSH - Get Rating) have earned a consensus rating of "Hold" from the fifteen analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $81.91. CTSH has been the topic of a number of research reports. StockNews.com lowered shares of Cognizant Technology Solutions from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, May 11th. Barclays reduced their price target on shares of Cognizant Technology Solutions from $8...
Altech Chemicals reports progress of silumina anode technology
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Altech Chemicals reports progress of silumina anode technology

Perth-based Altech Chemicals (ASX: ATC) has reported “outstanding” results from a preliminary feasibility study (PFS) on the development of a 10,000 tonnes per annum silicon graphite alumina coating plant in Germany. The plant will be constructed by Altech Industries Germany to produce high-capacity silicon graphite battery materials known as silumina anodes, under exclusive license from Altech for supply into Europe’s electric vehicle market. With a capital investment of US$95 million, Altech estimates a project net present value of US$507 million and net cash of US$63 million per annum generated from operations. The internal rate of return is estimated at 40% with investment capital paid back in approximately 3.1 years. Total annual revenue at the full rate of production is estima...