Streetbeat News

Partnerships

EXLS

GOOG

GOOGL

EXL has achieved Premier Partner status for Google Cloud in the Service Engagement Model, highlighting its expertise in utilizing Google Cloud's infrastructure and analytics tools to provide transformative insights and innovative data-led analytics and AI services to clients.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:48 pm

VUZI

Vuzix Corporation has entered into a partnership agreement with Quanta Computer, where Quanta will use Vuzix' advanced waveguides and display engines to manufacture the next generation of lightweight smart glasses.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:40 pm

PAVS

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) has signed a software development agreement with BlueLine Studios Inc. to develop the AI-generated content game, Hollywood Sunshine. BlueLine, a portfolio company of Caravan Digital L.P., will work on creating a social gaming platform with celebrity involvement. Paranovus will pay up to $1.9 million in development fees and retain exclusive rights to the project, excluding background technology. The PC version is expected in Q2 2024, with an iOS version potentially following in Q3 2024. The partnership aims to leverage increasing demand for AIGC in the gaming industry. Paranovus is also considering acquiring BlueLine but is currently prioritizing the development project.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:34 pm

FEMY

PMCB

PharmaCyte Biotech, Inc. has invested $5 million in Femasys, Inc., a biomedical company focused on women's health. This investment is part of PharmaCyte's strategy to utilize its cash position to create shareholder value. PharmaCyte's interim CEO, Josh Silverman, will join Femasys' Board of Directors. Femasys is developing a portfolio of in-office solutions for women's health, including a late-stage product candidate for permanent birth control and FDA-cleared infertility treatment and diagnostic products.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:34 pm

VEON

VEON Ltd. has reached a $100 million deal with Summit for the partial sale of its Bangladesh towers portfolio. The agreement includes a long-term service partnership and involves the transfer of one-third of Banglalink's tower portfolio.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:28 pm

BNTX

CVAC

GSK

PFE

Acuitas Therapeutics has filed a lawsuit against CureVac SE, alleging that CureVac failed to credit Acuitas on patents for COVID-19 vaccine technology. Acuitas claims its lipid nanoparticle technology was used in the Pfizer/BioNTech vaccine and seeks to be listed as co-inventors on CureVac patents. Pfizer and BioNTech have also sued CureVac over infringement allegations. CureVac is testing a modified COVID-19 vaccine with GSK and expects study data in early 2024. CVAC shares closed at $5.66.

Portfolio Pulse from Vandana Singh

November 15, 2023 | 1:15 pm

IAS

Vevo has partnered with Publica by IAS to enhance its global CTV ad serving capabilities. The key technologies implemented include Advanced Ad Serving, Advanced Ad Pod Decisioning, and Unified Auction. These features allow Vevo to deliver targeted ad breaks, guarantee advertiser placements, manage ad pod ownership by brand category, and run unified auctions to maximize ad revenue. The 'Live Logs' feature also provides real-time transparency into programmatic auctions, optimizing yield and data strategies.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:14 pm

ACI

Healthpilot has partnered with Albertsons Companies, Inc. (NYSE:ACI) to simplify Medicare plan enrollment for Albertsons customers. Healthpilot's AI-powered platform will offer personalized Medicare plan recommendations through Albertsons' digital ecosystem, aiming to provide a transparent and convenient experience without high-pressure sales tactics. The platform's algorithms will analyze individual health records and preferences to deliver tailored coverage options.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:14 pm

PINC

Premier, Inc. (NASDAQ:PINC) has renewed a 10-year strategic partnership with Tufts Medicine to co-manage supply chain operations, implement automation technologies, and provide consulting for financial performance improvement. The partnership aims to drive operational excellence and cost management for Tufts Medicine. Financial terms were not disclosed. Premier's Nexera consulting arm and PINC AI™ technologies, including the Remitra® P2P platform, will be utilized to enhance supply chain efficiency and innovation.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:13 pm

ACN

Accenture (NYSE:ACN) has invested in Vū Technologies, a company specializing in virtual production for immersive experiences. Vū's network of virtual studios across North America has worked with Amazon, CBS Sports, and Disney. The investment, terms undisclosed, was made through Accenture Ventures' Project Spotlight, aiming to support disruptive enterprise technologies. Vū's capabilities include real-time rendering, motion capture, and AI tools, offering clients cost-effective and environmentally friendly production options.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:09 pm