Streetbeat News

Partnerships

ADEA

Adeia Inc. (NASDAQ:ADEA) has announced the renewal of its licensing agreement with Mitsubishi Electric for access to Adeia's media IP portfolio, covering connected TVs in the Japanese market. This renewal highlights the strength of Adeia's media IP portfolio in Japan's consumer electronics industry.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:46 pm

NCL

Northann Corp. (NYSE:NCL) and Adornus Cabinetry announce a strategic partnership to combine Northann's 3D printing technologies with Adornus' cabinetry design and manufacturing expertise. The collaboration aims to innovate in product development, sustainability, and economic impact by creating jobs and utilizing local resources in South Carolina.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:23 pm

CWAN

Clearwater Analytics (NYSE:CWAN) has been selected by Erste Asset Management to aggregate multi-asset client investment data, aiming to support business growth by increasing asset flows and strengthening client service. This partnership marks Erste Asset Management, a major asset manager in Central and Eastern Europe with €81.4 billion in assets, joining Clearwater's community of European buy-side clients.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:14 pm

BIGC

BigCommerce (NASDAQ:BIGC) partners with MUJI to launch new online storefronts aimed at driving MUJI's growth in Europe. This collaboration leverages BigCommerce's platform to support MUJI's expansion, highlighting the platform's capabilities in facilitating international ecommerce for major brands.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:14 pm

PLUG

Plug Power's shares are trading higher following the announcement of a conditional commitment for a loan guarantee up to $1.66 billion from the Department of Energy.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:12 pm

FOUR

The Kansas City Chiefs have partnered with Shift4 (NYSE:FOUR) to utilize its integrated payments and commerce technology for processing ticket sales at GEHA Field at Arrowhead Stadium. This collaboration highlights Shift4's role in enhancing the ticket purchasing experience for fans of the back-to-back Super Bowl champions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:09 pm

CTVA

RKDA

Arcadia Biosciences sells its non-GMO Resistant Starch Durum Wheat trait to Corteva Agriscience for $4M, retaining rights for its GoodWheat portfolio use. The deal includes 24 patents in 20 countries, advancing Arcadia's wheat technology monetization.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:08 pm

PLUG

Plug Power Inc. has received a conditional commitment for a loan guarantee up to $1.66 billion from the Department of Energy to finance the development, construction, and ownership of up to six green hydrogen production facilities.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:07 pm

APLD

Applied Digital Corporation announced the creation of a new subsidiary, Applied Digital Cloud Corporation, which will encompass the company's Cloud services business, previously known as SAI Computing LLC. Richard Nottenburg, a board member, will chair the new subsidiary.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:06 pm

ENVB

Enveric Biosciences (NASDAQ:ENVB) has signed a non-binding term sheet with MindBio Therapeutics to out-license a class of Novel Psilocin Prodrugs for treating neuropsychiatric conditions. The deal could lead to MindBio advancing a drug candidate, with potential payments to Enveric up to $66.5 million plus royalties. This partnership aims to leverage psychedelic-based compounds for neuropsychiatric treatments, highlighting the synergy between Enveric's molecular discovery and MindBio's innovative approach.

Portfolio Pulse from Nina Zdinjak

May 14, 2024 | 12:00 pm