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USA Today | April 30, 2020
Rafael Larios didn't expect Verizon to be a vital ingredient to the survival of his family's Los Angeles area restaurants. But since the two restaurants have been relying on deliveries due to the coronavirus pandemic, the family is striving to keep the business cooking. The most important thing needed? Cash. “We need to pay our bread guy, we need to pay our pastry guys, we need to catch up on payroll … and we get paid last,” says Larios, who has taken ove...
Nahsai | October 19, 2020
Nahsai, an advanced materials technology start-up with offices in Michigan and Texas, has been awarded a Phase II Small Business Technology Transfer (STTR) contract by the U.S. Air Force through the AFWERX innovation program. This award will allow Nahsai to accelerate the delivery of extreme environment sensing solutions based on leading edge material and manufacturing technologies originally developed and licensed through research partnerships between the U.S. Air Force Research Laboratory and ...
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SMART Global Holdings, Inc. | June 30, 2022
SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...
Black Enterprise | April 06, 2020
Since the start of the global pandemic of COVID-19, or the novel coronavirus, many states have issued a mandatory stay-at-home order for all residents forcing all non-essential businesses to close down until the virus has been properly contained. As a result, small business owners have been struggling to keep their doors open and stay afloat through the economic fallout. Companies like Facebook and Google have been stepping in by providing grants to entrepreneurs struggling with their expenses a...
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