ACP

Fios customers can watch live TV and their favorite streaming services in one place with Fios TV+

Retrieved on: 
Thursday, November 30, 2023

Today, Verizon announced the launch of Fios TV+ to all new customers who sign up for Fios video services.

Key Points: 
  • Today, Verizon announced the launch of Fios TV+ to all new customers who sign up for Fios video services.
  • With Fios TV+, customers can watch live TV and more of their favorite streaming services through one device, meaning all your shows and content can be all in one place – without a traditional set top box.
  • Customers also can take their fun on the go with the Fios TV Mobile app, which delivers live TV on compatible devices for watch-on-the-go functionality.
  • “With these advances in Fios technology, I’m excited for all of the ways our Fios TV customers can stream their favorite TV shows and movies like never before.”
    Customers can choose to install the smartphone-sized Fios TV+ unit themselves, or schedule an installation appointment with a Fios technician.

LG Energy Solution Vertech Selected for 10 GWh of US Energy Storage Projects

Retrieved on: 
Wednesday, December 20, 2023

LG Energy Solution Vertech has already lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the US for the new year, proving the US ESS market has exactly as much potential as predicted.

Key Points: 
  • LG Energy Solution Vertech has already lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the US for the new year, proving the US ESS market has exactly as much potential as predicted.
  • LG Energy Solution Vertech was established when LG Energy Solution acquired NEC Energy Solutions in February 2022 to vertically merge battery manufacturing and energy storage system integration.
  • All projects will incorporate advanced lithium-ion batteries manufactured by LG Energy Solution with hardware integration, system controls software, and related services provided by LG Energy Solution Vertech.
  • Localizing energy storage battery production further solidifies the reliable supply chain LG Energy Solution offers to battery energy storage companies.

Breezeline Supports Graduate Students in Broadband Equity Challenge Competition

Retrieved on: 
Monday, November 13, 2023

The Broadband Equity Challenge encourages students to think critically about ways to expand access to broadband internet, as well as to promote adoption and increased use through digital literacy initiatives and training.

Key Points: 
  • The Broadband Equity Challenge encourages students to think critically about ways to expand access to broadband internet, as well as to promote adoption and increased use through digital literacy initiatives and training.
  • Since its inception in 2011, more than 400 students representing 25 top graduate schools in North America have participated in the program, with nearly 50 percent of students pursuing a career in media and technology after graduation.
  • To prepare for the competition, each team was provided with a comprehensive overview of the broadband industry, as well as the challenges and opportunities for expanding broadband access.
  • “Breezeline is pleased to support this year’s fall competition by sponsoring the event and mentoring teams,” said Shaun Blake, vice president of products and programming for Breezeline.

DLA Piper Advises Arlington Capital Partners and Everest Clinical Research in Its Acquisition of August Research

Retrieved on: 
Monday, December 18, 2023

DLA Piper advised Arlington Capital Partners (ACP) and Everest Clinical Research (Everest), a leading full-service contract research organization (CRO) with expertise in biostatistics and statistical programming, in its acquisition of August Research (August), a European CRO that provides Clinical Trial Services (CTS) and Pharmacovigilance services to a wide variety of pharmaceutical and biotechnology clients.

Key Points: 
  • DLA Piper advised Arlington Capital Partners (ACP) and Everest Clinical Research (Everest), a leading full-service contract research organization (CRO) with expertise in biostatistics and statistical programming, in its acquisition of August Research (August), a European CRO that provides Clinical Trial Services (CTS) and Pharmacovigilance services to a wide variety of pharmaceutical and biotechnology clients.
  • The acquisition of August establishes a European base for Everest to provide CTS to its clients and expand its operational capabilities through August’s presence across 14 countries in Western and Eastern Europe.
  • “The acquisition of August further expands Everest’s global service offerings and establishes a foothold in one of the largest clinical trial markets in the world,” said Jeffrey Houle, co-chair of DLA Piper’s Aerospace, Defense and Government Services Transactional Practice, who led the deal team.
  • The firm has been rated number one in global M&A volume for 12 consecutive years, according to Mergermarket.

LICT Corporation Reports Third Quarter 2023 Results

Retrieved on: 
Friday, December 8, 2023

LICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT) reports unaudited, financial results for the quarter ended September 30, 2023.

Key Points: 
  • LICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT) reports unaudited, financial results for the quarter ended September 30, 2023.
  • Non-regulated revenues for the third quarter of 2023 increased 2.1% to $17.5 million from the prior year’s third quarter $17.2 million.
  • OTHER EXPENSES – Other expenses increased to $0.6 million in the third quarter of 2023, versus $0.3 million in the prior year’s third quarter, reflecting higher interest expense.
  • EARNINGS PER SHARE – Earnings per share prior to discontinued operations for the third quarter of 2023 were $195 per share.

Communication Power Companies Combines with STI-CO Industries

Retrieved on: 
Monday, December 4, 2023

Addison Capital Partners (“ACP”) announced today that Communication Power Companies (“CPC” or the “Company”), an ACP portfolio company, has partnered with STI-CO Industries (“STI-CO”) management to recapitalize the Company.

Key Points: 
  • Addison Capital Partners (“ACP”) announced today that Communication Power Companies (“CPC” or the “Company”), an ACP portfolio company, has partnered with STI-CO Industries (“STI-CO”) management to recapitalize the Company.
  • STI-CO is a premier design build manufacturer of custom, mission-critical and tactical antenna solutions, founded in 1967 and headquartered in Orchard Park, NY.
  • The business combination and recapitalization provide a long-term capital base to support ongoing and rapid growth for the business of STI-CO and CPC.
  • CPC is a US based, vertically integrated, design-build manufacturer of custom RF and microwave power amplifiers for military, industrial, scientific and medical applications.

MyDirectives® and Beyond Lucid Technologies Join Forces to Deliver Patient Advance Healthcare Decisions to First Responders

Retrieved on: 
Tuesday, November 28, 2023

This real-time data exchange delivers critical health context at the point of care to honor a patient’s values and wishes.

Key Points: 
  • This real-time data exchange delivers critical health context at the point of care to honor a patient’s values and wishes.
  • “Our goal has always been to ensure the individual’s goals, preferences, and priorities for their care are accessible to providers.
  • To accomplish this, all healthcare providers, including first responders, should have access to this information, to help them deliver the best care while being respectful of the patient’s personal desires.
  • If Responders do not know their patients’ wishes, or if those wishes recently changed, they may not get the details right.

ACP-Backed E Source Expands its Reach with the Acquisition of UMS Group

Retrieved on: 
Tuesday, November 28, 2023

Align Capital Partners’ (“ACP”) utility market intelligence, data science and solution services platform, E Source (the “Company”), has acquired UMS Group (“UMS”).

Key Points: 
  • Align Capital Partners’ (“ACP”) utility market intelligence, data science and solution services platform, E Source (the “Company”), has acquired UMS Group (“UMS”).
  • UMS is an industry leader in utility management consulting with technical expertise that extends across a wide spectrum of utility management challenges including wildfire risk reduction, asset management excellence, renewable energy integration and advanced AI modeling.
  • “By bringing UMS Group into E Source, we’re reaffirming our commitment to delivering the most comprehensive solutions to utilities," says Dave Perotti, CEO of E Source.
  • “Over the past 34 years, we have worked hard to establish UMS Group as one of the preeminent consulting and solution providers for the global utility industry,” says Jack Shearman, Founder and CEO of UMS.

Mediacom Completes Fiber Optic Broadband Network Expansion in Sussex County, DE

Retrieved on: 
Wednesday, November 15, 2023

Mediacom Communications announced completion of construction to bring ultra-high-speed broadband to underserved areas of southern Sussex County.

Key Points: 
  • Mediacom Communications announced completion of construction to bring ultra-high-speed broadband to underserved areas of southern Sussex County.
  • Mediacom was awarded one of three grants through the inaugural round of the Delaware Broadband Infrastructure program for the Sussex County project.
  • Construction of the 155-mile fiber build began in July 2022 and was completed ahead of schedule.
  • A total investment of more than $11 million was put into this public-private partnership to extend broadband access for underserved Delaware residents.

Highline Awarded ROBIN Grant for the Upper Peninsula by the State of Michigan

Retrieved on: 
Tuesday, November 14, 2023

Highline, Michigan’s premier fiber-to-the-home internet and telephone service provider, was recently awarded an approximately $22M Realizing Opportunity with Broadband Infrastructure Networks (ROBIN) grant.

Key Points: 
  • Highline, Michigan’s premier fiber-to-the-home internet and telephone service provider, was recently awarded an approximately $22M Realizing Opportunity with Broadband Infrastructure Networks (ROBIN) grant.
  • Highline will provide $3.8M in match funds that will create new fiber broadband connections to 3,074 unserved homes in the Upper Peninsula of Michigan.
  • “We applaud the State of Michigan's High-Speed Internet Office for recognizing the Upper Peninsula’s significant internet access problem and entrusting Highline to serve the homes impacted by the ROBIN grant.
  • Highline currently serves the communication and internet needs of residents and businesses in Michigan, Colorado, Georgia, Kansas, Nebraska and Texas.