Streetbeat News

Partnerships

DLR

FTNT

Fortinet (NASDAQ:FTNT) has expanded its strategic partnership with Digital Realty (NYSE:DLR) to accelerate the expansion of Fortinet Universal SASE, which now exceeds 100 locations globally. The partnership leverages Digital Realty's PlatformDIGITAL® to secure hybrid IT workflows and enhance cloud-delivered security and connectivity. Fortinet is investing in its SASE business and scaling its cloud network through partnerships, including with Google Cloud and Digital Realty. The alliance integrates Fortinet Security Fabric into Digital Realty's infrastructure, offering greater protection and connectivity for enterprise customers' hybrid workforce.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:09 pm

BON

Bon Natural Life Limited (NASDAQ:BON) has signed a $45M contract with Beijing Huahai Keyuan Technology Co. Ltd. to distribute its broccoli product, Broclife®, in China. The deal gives Huahai priority rights to sell BON's product, which is expected to boost sales, profits, and shareholder returns. Broclife® is a health-focused broccoli seed extract product offering benefits like immunity support and anti-aging.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:09 pm

AMZN

VRNS

Varonis Systems Inc. has enhanced its Data Security Platform (DSPM) by offering expanded support for Microsoft Azure and Amazon Web Services (AWS). This move aims to provide deeper security capabilities for organizations using these cloud services, potentially increasing the demand for Varonis' security solutions.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:08 pm

CDTX

Melinta Therapeutics and Cidara Therapeutics (NASDAQ:CDTX) announced the publication of pooled data from the ReSTORE Phase 3 and STRIVE Phase 2 trials of REZZAYO in The Lancet ID, demonstrating its efficacy and safety for treating candidemia and invasive candidiasis. REZZAYO, a once-weekly echinocandin, was approved by the FDA on March 22, 2023, for adults with limited treatment options and received a CMS J-Code and NTAP. Melinta acquired U.S. commercial rights from Cidara, who retains rights in Japan and licensed rights elsewhere to Melinta and Mundipharma. The EMA is reviewing the MAA for rezafungin.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:08 pm

NVDA

Yotta Data Services has partnered with NVIDIA to launch Shakti Cloud, India's largest supercomputer with NVIDIA H100 Tensor Core GPUs, aiming to drive AI innovation in India. Yotta plans to operationalize thousands of GPUs by 2024 and 2025, becoming the first NVIDIA Partner Network cloud partner in India. This collaboration is expected to democratize GPU access, boost AI, gaming, and scientific research, and support India's growing AI market, projected to reach US$14 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:06 pm

AYRO

AYRO, Inc. has received a 40-unit fleet order from a Fortune 100 retailer for its newly released AYRO Vanish low-speed electric vehicles (LSEVs). The order, facilitated by dealer Garage Carts/Golf Cars of Northwest Arkansas, marks a significant milestone for AYRO following the production launch of the Vanish. The vehicles will be used for operations, landscaping, maintenance, and material handling on the retailer's corporate campus. AYRO has also announced partnerships with other dealers and channel partners to expand its reach in North America.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:47 pm

NEOG

Neogen Corporation has announced a partnership with TerraNova to enhance biosecurity measures. This collaboration aims to leverage TerraNova's expertise to improve Neogen's product offerings and market reach in the biosecurity sector. The partnership is expected to strengthen Neogen's position in the industry and potentially increase its revenue streams through expanded product lines and services.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:46 pm

DRIO

DarioHealth Corp. (NASDAQ:DRIO) has secured a contract to provide cardiometabolic and GLP-1 solutions to a national logistics employer starting January 2024. The solutions aim to support employees with diabetes, pre-diabetes, hypertension, and those on GLP-1 medication. Dario's approach integrates technology and expert support, leveraging data insights for personalized experiences. The GLP-1 solution includes FDA-required behavior change support and a Medication Cabinet for tracking adherence.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:40 pm

EVBG

Everbridge, Inc. (NASDAQ:EVBG) is once again deploying its JARVISS system for the U.S. Department of Defense to ensure safety during the Army-Navy game at Gillette Stadium. The system, in collaboration with multiple agencies, provides real-time monitoring and predictive analysis for security. Everbridge has a history of supporting large events with its critical event management solutions, including the Macy's Thanksgiving Day parade and New York's New Year's Eve celebration.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:40 pm

SOVO

Sovos Brands, Inc. (NASDAQ:SOVO) has promoted E. Yuri Hermida to President, effective December 11, 2023. Hermida, previously the Chief Growth Officer, has been instrumental in executing the company's growth strategy. He has a strong background with experience at Reckitt Benckiser and Procter & Gamble. Sovos Brands is also in the process of merging with Campbell Soup Company, expected to be completed in 2024.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:36 pm