IGE

Hydrofarm Completes Acquisition of Innovative Growers Equipment, Inc.

Retrieved on: 
Monday, November 1, 2021
Horticulture, Acquisition, IGE, Efficiency, GLOBE, LED, Farmer, Hydroponics, 3D printing, Agriculture

FAIRLESS HILLS, Pa., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (Hydrofarm or the Company) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (CEA), today announced that it has completed its previously announced acquisition of Innovative Growers Equipment, Inc. (IGE), an Illinois-based manufacturer of horticulture benches, racking and LED lighting systems.

Key Points: 
  • FAIRLESS HILLS, Pa., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (Hydrofarm or the Company) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (CEA), today announced that it has completed its previously announced acquisition of Innovative Growers Equipment, Inc. (IGE), an Illinois-based manufacturer of horticulture benches, racking and LED lighting systems.
  • The addition of the IGE commercial equipment product range complements Hydrofarms existing lineup of high performance, proprietary branded products.
  • For more than 40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive.
  • The Companys mission is to empower growers, farmers and cultivators with products that enable greater quality, efficiency, consistency and speed in their grow projects.For additional information, please visit: www.hydrofarm.com

Enterprise Information Services (EIS), a Cognosante Company, Awarded US Army INSCOM Integrated Geospatial Intelligence (GEOINT) Enterprise Architecture (IGE-A) Contract

Retrieved on: 
Tuesday, October 26, 2021
Safety, Korea, Medicaid, EIS, IGE, Intelligence, Technology, GEOINT, United States Secretary of Homeland Security, South Korea, Enterprise architecture, Geospatial intelligence, GWAC, Federation, Information services, Paul M. Nakasone, Air tasking order, General manager, Continuity of operations, United States Army Intelligence and Security Command, Continuity, COOP, United States Army, INSCOM, United States Department of Defense, Department of Defense Cyber Crime Center, Software, Army of the United States, LLC, Environment, Solution, Health, Veteran, Department, PED, Risk management

FALLS CHURCH, Va., Oct. 26, 2021 /PRNewswire-PRWeb/ --Enterprise Information Services, LLC (EIS), a wholly owned subsidiary of Cognosante, LLC , today announced it was awarded a contract to support US Army Intelligence and Security Command (INSCOM) Integrated Geospatial Intelligence (GEOINT) Enterprise Architecture operations.

Key Points: 
  • FALLS CHURCH, Va., Oct. 26, 2021 /PRNewswire-PRWeb/ --Enterprise Information Services, LLC (EIS), a wholly owned subsidiary of Cognosante, LLC , today announced it was awarded a contract to support US Army Intelligence and Security Command (INSCOM) Integrated Geospatial Intelligence (GEOINT) Enterprise Architecture operations.
  • "We are delighted to support INSCOM as it continues to provide critical intelligence, security, and operational support to the US Army.
  • Under this contract, the company will provide holistic IT services and related logistic, programmatic, training, and management support for geospatial intelligence, or GEOINT, operations.
  • The INSCOM GEOINT Enterprise Architecture (IGE-A) provides an enterprise environment for the GEOINT.

Hydrofarm Signs Agreement to Acquire Innovative Growers Equipment; Announces Preliminary 3Q21 Financial Results and Provides Updated Full Year 2021 Outlook

Retrieved on: 
Tuesday, October 26, 2021
Aurora, EBITDA, House, IGE, Recreational Equipment, Inc., Controlled-environment agriculture, LED, Industry, House & Garden, GAAP, Rothschild & Co, Bookrunner, Investor, Review, Horticulture, Income, Company, CEO, Depreciation, COVID-19, Growth, Chase Bank, LIBOR, Solution, Term loan, Acquisition, CEA, GLOBE, Legislation, Tax, Hydroponics, 3D printing, Cryptocurrency, Video game console, Bank, Real estate, Animal, Commercial property, Insurance

FAIRLESS HILLS, Pa., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), announced it has entered into an agreement to acquire Illinois-based Innovative Growers Equipment Inc. (“IGE”), a manufacturer of horticulture benches, racking and LED lighting systems. The addition of the IGE commercial equipment product range complements Hydrofarm’s existing lineup of high performance, proprietary branded products.

Key Points: 
  • Under the terms of the transaction agreement, IGE will become a wholly owned indirect subsidiary of Hydrofarm Holdings Group, Inc.
  • We are excited for IGE to officially join the Hydrofarm family, said Bill Toler, Chairman and Chief Executive Officer of Hydrofarm.
  • Hydrofarm expects IGE to generate approximately $48.0 million in net sales in 2021, representing significant growth from the prior year.
  • The acquisition of IGE marks the fifth and latest in a succession of acquisitions made by Hydrofarm during 2021.

Brock Pierce, Cryptocurrency Pioneer Has Had No Involvement with Tether Since 2015

Retrieved on: 
Tuesday, October 5, 2021
Bitcoin, EOS, Blockchain Capital, Ethereum, Metronome, The Shyft Group, IGE, Goldman Sachs, ZAM, BitGo, Sale, Intention, DNA, Supreme court, TZero, ICO, Force Element Group, Xfire, Supreme, Matthew Roszak, Technology, EOS.IO, Bitcoin Foundation, DEN, Tencent, Cryptocurrency

NEW YORK, Oct. 5, 2021 /PRNewswire/ -- Brock Pierce, cryptocurrency pioneer and former US Presidential candidate, clarifies his position vis--vis Tether, a stablecoin company which launched in 2014 as the "first stablecoin."

Key Points: 
  • NEW YORK, Oct. 5, 2021 /PRNewswire/ -- Brock Pierce, cryptocurrency pioneer and former US Presidential candidate, clarifies his position vis--vis Tether, a stablecoin company which launched in 2014 as the "first stablecoin."
  • Pierce states, "I was one of the principal founders of Tether, but I was never a director, nor officer of the business.
  • In 2015, I transferred 100 percent of my ownership to our minority partners in exchange for zero consideration.
  • Brock Pierce is an entrepreneur and venture capitalist with an extensive track record of founding, advising and investing in disruptive businesses.

MetLife Increases Stake in Its Leading Life Insurance Joint Venture

Retrieved on: 
Monday, October 4, 2021
Professional Services, Insurance, Finance, BSE, IGE, Insurance, Solution, General Electric, MetLife, PNB, JV, Region, Private company limited by shares, Robotics, LLC, Growth, Family, PNB MetLife India Insurance Company, MET, Finance, Silicone, Investment, NYSE, GE, FANUC, Financial services

MetLife International Holdings, LLC has entered into a share purchase agreement with IGE (India) Private Limited (IGE) and Elpro International Limited (BSE: 504000; Elpro) to acquire their total combined shareholding of 15.27% in PNB MetLife India Insurance Company Limited (PNB MetLife).

Key Points: 
  • MetLife International Holdings, LLC has entered into a share purchase agreement with IGE (India) Private Limited (IGE) and Elpro International Limited (BSE: 504000; Elpro) to acquire their total combined shareholding of 15.27% in PNB MetLife India Insurance Company Limited (PNB MetLife).
  • The Dabriwala family, through their companies, IGE and Elpro, is one of the initial investors in PNB MetLife, a leading life insurance franchise in India with access to more than 200 million customers across 15,000 sales locations nationwide.
  • Upon completion of the transaction, MetLifes stake in PNB MetLife will increase to 47.325%.
  • Surbhit Dabriwala, Director, Elpro International Limited, commented, "We have enjoyed a strong relationship with MetLife for close to 20 years and seen PNB MetLife grow.