Streetbeat News

Partnerships

SATL

Satellogic Inc. (NASDAQ:SATL), a leader in Earth Observation data, has signed a letter of intent with O.N.E. Amazon to support the creation of the Internet of Forests, aimed at monitoring the Amazon rainforest. This partnership emphasizes the use of Satellogic's sub-meter resolution satellite technology for environmental preservation and will be highlighted by Satellogic's President at an event in Washington, D.C.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:15 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) has announced a strategic partnership with Octopus Energy Group to deploy Enphase IQ8 Microinverters and IQ Battery 5P in the UK. This collaboration allows Octopus Energy's customers to integrate Enphase's solar and battery systems into their energy plans, enabling low-cost residential energy rates and the creation of virtual power plants through Octopus' Kraken platform. The partnership aims to reduce energy costs for consumers and support a greener grid by managing energy usage efficiently. Enphase's products come with industry-leading warranties and are designed to meet the latest UK grid connection requirements.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:14 pm

CRM

IHG

IHG Hotels & Resorts is standardizing on Salesforce's Loyalty Management to enhance its IHG One Rewards program. This collaboration aims to drive guest loyalty, offer personalized experiences, and achieve greater efficiencies by utilizing Salesforce's Einstein 1 Platform. This platform integrates CRM, AI, data, and trust, enabling IHG to provide tailored guest experiences and deepen connections with its guests. The move reflects the growing consumer demand for personalized services, with IHG leveraging Salesforce's technology to meet these expectations.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:13 pm

ASRV

AmeriServ Financial, Inc. (NASDAQ:ASRV) has entered into a cooperation agreement with SB Value Partners, L.P. (SBV), which holds about 7.7% of AmeriServ's common stock. The agreement involves regular consultations and collaborative discussions between AmeriServ's senior management, Board of Directors, and SBV to enhance the company's financial performance and value. SBV commits to supporting the Board's nominees and proposals at shareholder meetings, subject to certain conditions.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:10 pm

HMC

KD

Honda Motor Europe has renewed and expanded its IT partnership with Kyndryl to enhance its IT infrastructure. This collaboration aims to improve Honda's operational efficiency and innovation capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:09 pm

BRAG

Bragg Gaming Group Inc. (BRAG) has entered into an international distribution agreement with Light & Wonder to feature Bragg's online casino content on Light & Wonder's ecosystem. This deal includes games from Bragg's proprietary studios and exclusive content from its Powered by Bragg partners, expanding Bragg's reach in European, USA, and Canadian markets. The collaboration aims to enhance Bragg's game exposure and strengthen its casino offering with new titles.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:07 pm

ELAB

Elevai Labs, Inc. (ELAB) has entered into a distribution agreement with ILIA International Ltd. for the distribution of its products in Taiwan. This strategic move aims to expand ELAB's market presence in Asia.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:03 pm

CTSH

MSFT

Cognizant (NASDAQ:CTSH) and Microsoft Corp. (NASDAQ:MSFT) have expanded their partnership to drive the adoption of Microsoft's generative AI and Copilots across enterprises, aiming to transform business operations and accelerate innovation. This collaboration is expected to significantly contribute to the U.S. and India's GDP through AI adoption. Cognizant has also invested in 25,000 Microsoft 365 Copilot seats and plans to deploy these technologies to a million users within their global clients across various industries.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 11:52 am

LXEO

Lexeo Therapeutics has entered into an in-license agreement with Cornell University to accelerate the development of LX2006 for treating Friedreich Ataxia Cardiomyopathy. This agreement grants Lexeo certain rights, including access to current and future data from an ongoing Phase 1A trial of AAVrh.10hFXN aimed at treating FA cardiomyopathy.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 11:32 am

NOTE

FiscalNote has introduced StressLens, an AI agent designed to assist in risk assessment and management. The company also announced a quantitative asset management firm as its first major client for this new product.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 11:07 am