Canadian partners buy first dealership, in the U.S.
PATH Auto Group partners Phil Alalouf and Todd Hewitt in April purchased their first dealership, a Volkswagen dealership in California......»»
Penske bids throw wrench into Lithia deal for Pendragon
Lithia's potentially transformative deal for Pendragon would significantly grow the auto retailer's U.K. footprint, add a sizable fleet business and give the company a pathway to a dealership management system. But Lithia has competition for the deal.....»»
Cisco taps new M&A firm Tidal for $28 billion Splunk acquisition deal
A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity firm Splunk......»»
Detroit area Ford dealership lets go of employee after ‘hateful" UAW comment
Lithia Motors Inc. said it let go a dealership employee for violating the company's social media policy. The employee's dismissal followed the individual posting an inflammatory comment about the UAW......»»
New Mexico dealership on the hook for millions in fraud case
A jury awarded Albert Smith $87,000 in compensatory damages and $2.5 million in punitive damages......»»
Fortress Information Security partners with NetRise to secure software supply chains
Fortress Information Security and NetRise partnered to offer a new, innovative Software Bill of Materials (SBOM) transparency solution to secure software supply chains and meet evolving regulatory requirements for software transparency. Fortress̵.....»»
Penske-Hedin bid for Pendragon rejected after Lithia acquisition announcement
Days after Lithia Motors Inc. said it had agreed to a deal to acquire Pendragon's dealership and fleet businesses, Pendragon's board of directors rejected a joint offer from a Penske Automotive Group subsidiary and Hedin Mobility Group......»»
Molybdenene—the "metallic" relative of graphene
Two-dimensional materials like graphene show fascinating properties such as superconductivity, extraordinary strength and exotic quantum phenomena. Scientists at Forschungszentrum Jülich, together with partners from the Indian Institute of Technolog.....»»
Study finds same genes behind heart muscle disorders in humans and Dobermanns
Researchers from the University of Helsinki and the Folkhälsan Research Center, together with their international partners, have identified the genetic background of dilated cardiomyopathy, a disease that enlarges the heart muscle, in dogs and human.....»»
Akamai partners with Corero Network Security to improve DDoS protection for enterprises
Akamai announced a global partnership with Corero Network Security, the specialists in distributed denial-of-service (DDoS) protection solutions. Akamai is now offering Corero’s on-premises DDoS protection to extend Akamai Prolexic, Akamai̵.....»»
Legit Security raises $40 million to address AI’s threats to applications
Legit Security has successfully closed a $40 million venture capital round investment led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV. Legit Security’s ASPM platform continuously reduces app.....»»
Deal would give Lithia a large presence in U.K. and a pathway to a DMS
Lithia Motors' plan to purchase the dealership and fleet businesses of Pendragon in the U.K. is a sizable deal. But the other component, giving Lithia an ownership stake in a dealership management system company, could have the biggest impact for the.....»»
Ford reaches tentative labor agreement with Unifor in Canada, avoids second strike
Unifor has struck a last-minute tentative agreement with Ford Motor Co. of Canada, averting what would have been the first strike by Canadian auto workers against the automaker in 33 years......»»
The Canadian company that owns NAD and Bluesound now owns MQA
Lenbrook, the Canadian owner of Bluesound, NAD, and PSB Speakers, has acquired MQA, settling short-term fears about the British audio company's prospects......»»
Wipro partners with ServiceNow to optimize clients’ risk and security operations
Wipro has partnered with ServiceNow to create Wipro CyberTransform – Intelligent ServiceNow Risk and Security Solutions, a solution that enables organisations to integrate their risk, compliance, and security postures more effectively. In the c.....»»
AutoNation, Hendrick Automotive top online reputation survey
Hendrick Automotive has snagged the top ranking among privately owned dealership groups for three straight years while AutoNation marks its second year atop public auto retailers in Reputation's rankings. And Mitsubishi and Infiniti outranked other b.....»»
Lithia to buy Pendragon"s UK dealerships, take stake in DMS
Lithia Motors plans to not only make a significant dealership acquisition in the United Kingdom. Its pending deal also includes a fleet management platform and an ownership stake in Pinewood Technologies, which plans to bring a dealership management.....»»
What is the carbon footprint of a hospital bed?
Researchers from the University of Waterloo completed the first-ever assessment of a Canadian hospital to reveal its total environmental footprint and specific carbon emission hotspots......»»
‘Pep rallies" turn around dealership culture
Monthly get-togethers are a chance to recognize top employees, review sales and service numbers and set revenue targets for the next 30 days......»»
Flow, Pohanka, Holman among investors for digital marketing company Orbee
Several dealership groups are investing in Orbee, which provides data management and digital marketing services for the sector......»»
Fortinet partners with Wiz to help enterprises protect their cloud environments
Fortinet and Wiz announced that Wiz has joined the Fortinet Fabric-Ready Technology Alliance Partner Program and Fortinet has joined the Wiz Integration (WIN) Program. The two companies have jointly developed an integrated solution to help enterprise.....»»