Streetbeat News

Partnerships

ZIMV

ZimVie has expanded its cooperation agreement with Brainlab to work on achieving compatibility between ZimVie's Vital and Virage fixation systems with the Brainlab spine and trauma technologies for global co-marketing purposes.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:06 pm

DASH

WOOF

Petco has expanded its on-demand delivery service through a partnership with DoorDash. More than 10,000 Petco products are now available on DoorDash Marketplace, including food, treats, beds, bowls, toys, and other supplies for a variety of pets.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:04 pm

IBM

MSFT

IBM Consulting has partnered with Microsoft to assist companies in implementing and scaling Azure OpenAI Service. This collaboration aims to accelerate the adoption of generative AI.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:03 pm

DASH

WOOF

Petco Health and Wellness Company, Inc (NASDAQ:WOOF) has expanded its partnership with DoorDash (NYSE:DASH) to make Petco's products available nationally via the DoorDash Marketplace. The partnership will allow pet parents to access Petco’s products for on-demand delivery through the DoorDash mobile app and website. Petco has also updated its app to include a pet profile feature and now offers Klarna’s interest-free “Pay in 4” solution for purchases. More than 10,000 products from Petco are now available on DoorDash Marketplace.

Portfolio Pulse from Anusuya Lahiri

August 17, 2023 | 12:02 pm

KVHI

KVH Industries, Inc. (NASDAQ:KVHI) has renewed its satellite services contract with Intelsat for three years. The renewal includes increased network capacity, flexibility for future bandwidth adjustments, and reduced service costs, enabling KVH to offer more competitive airtime rates for mariners.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:34 am

STLA

Stellantis (STLA) has invested over $100M in Controlled Thermal Resources (CTR) to advance the development of a geothermal lithium project. CTR is expected to start supplying battery-grade lithium hydroxide monohydrate to Stellantis in 2027. The project is expected to create 480 construction jobs and 940 direct project jobs when fully developed.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:12 am

VEON

VEON and its subsidiary Banglalink have applied for a digital banking license in Bangladesh. This move is part of VEON's strategy to expand its digital financial services footprint in emerging markets.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:21 am

GLOB

Globant and LaLiga Tech have announced a partnership to pilot generative AI applications aimed at reinventing sports tactics and broadcasting. The collaboration will leverage Globant's AI capabilities to enhance the sports experience for fans and professionals.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:03 am

LMNL

Liminal BioSciences has secured an interim order for a proposed arrangement with Structured Alpha LP. The details of the arrangement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:48 pm

MODD

Modular Medical has announced a partnership with Phillips-Medisize to expand insulin delivery alternatives, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:20 pm