Utopia, Inc., a global leader in enterprise data management solutions, announced the closing of a $50 million round of growth capital to accelerate its expansion into fast growing markets and enhance capabilities in Big Data managed services offerings. The investment was led by FTV Capital and included Liberty Mutual Insurance. Utopia is widely acknowledged as [...]

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Mercedes-Benz Financial Services USA LLC today announced executive management changes at the company effective June 1, 2012. Matthew E. Roy, formerly Vice President, General Counsel and Corporate Secretary, becomes the new Vice President of Human Resources and Administration. He succeeds Jeremy Gump who held that position since July 2007. Gump announced last fall that he [...]

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Microsoft Corp. and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc. Facebook has agreed to purchase this portion for $550 million in cash. In the initial AOL auction, Microsoft secured the ability [...]

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Honda Manufacturing of Indiana, LLC (HMIN), celebrated the start of mass production of the all-new 2013 Acura ILX today. The first ILX, built exclusively in Indiana, rolled off the assembly line at 10:30 a.m. ET and was greeted by Honda associates, community partners and elected officials, who gathered to mark its launch. “Acura has a [...]

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T3 Motion, Inc. (NYSE AMEX:TTTM) a producer of clean/green technology, announced that T3 Motion has received an order from newly-appointed Nigerian distributor for 126 T3 Electric Stand-up Vehicles (ESV) and 126 Motiontrak GPS tracking systems. The vehicles are anticipated to be used for government customs and security initiatives. With 155 million people, Nigeria has the [...]

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ECR Software Corporation (ECRS) today announced plans to debut and demonstrate its Web 2.0 CATAPULT retail management platform at the upcoming Natural Products Expo East trade show and conference in Baltimore, Maryland. The first Web 2.0 CATAPULT applications to be unveiled include a new executive dashboard reporting system and an inventory, pricing, and promotion maintenance [...]

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Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced the departure of William R. Hambrecht, 76, from the Company’s Board of Directors, effective immediately, after years of dedicated service. Following his departure, the Motorola Mobility Board of Directors will be comprised of nine members, eight of whom are independent. “I want to thank Bill for his [...]

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NRG Energy, Inc. (NYSE: NRG) has completed its acquisition of the 290-megawatt Agua Caliente solar project from First Solar, Inc. (Nasdaq: FSLR). The acquisition was contingent upon the financial closing of the project’s loan guarantee from the U.S. Department of Energy’s Loan Programs Office. Agua Caliente is the world’s largest solar photovoltaic project currently under [...]

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CA Technologies (NASDAQ: CA) today announced a definitive agreement to acquire privately-held Interactive TKO, Inc. (ITKO), a leading provider of service simulation solutions for developing applications in composite and cloud environments, for $330 million in an all-cash transaction. Business demand for rapid time-to-market and lower operational costs is driving IT organizations to quickly adopt new [...]

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McCann Worldgroup announced today the appointment of Marc Schwartz and Laura Simpson to the newly created positions of Global Director of Performance Analytics and Global IQ Director, respectively. Marc and Laura will form the global leadership team of a newly created Marketing Sciences practice that will embed marketing performance analytics and market intelligence into every [...]

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