merger

Mesa blockchain startup raises $1.4 million, merges with other blockchain company

blockchain

IPAssets Technology, a Mesa-based blockchain integration specialist, announced a $1.4 million funding round that included a merger with Mango Farm Assets. The proceeds from this funding will be used to accelerate the company’s branded platforms, which include MangoFarmAssets.com, RavencoinIPFS.com and TheAssetMarketplace.com, and Ice Wallet, IPAssets’ flagship cold storage wallet that is coming later this year. … Read more

Lucid Motors’ Air on track for second half start of production

Lucid Motors

Lucid Motors, the Newark, California-based company that operates a factory in Casa Grande, is on schedule to begin production and deliveries of its debut EVs, like Lucid Air, this year.  Bloomberg reported that Lucid CEO Peter Rawlinson told investors on a call Tuesday that “testing and validation of Lucid Air is progressing well” and the … Read more

Lucid Motors on its way to becoming a publicly traded company

Lucid Motors

Lucid Motors announced a merger agreement Monday night with special-purpose acquisition company (SPAC) Churchill Capital IV Corp. (CCIV) propelling the EV company toward an IPO.  After the announcement, CCIV stocks plummeted for two days in a row, closing down 18.5% at $28.70 a share on Wednesday. As part of the deal, Lucid will receive approximately … Read more

Lumension and FrontRange merger brings new jobs to Scottsdale

Scottsdale based IT security provider Lumension and IT infrastructure organizer FrontRange have teamed up and merged to create HEAT Software. HEAT Software will be headquartered in California with offices staying in Scottsdale where Lumension was formerly headquartered. After the merger, HEAT Software will consist of over 350 employees with about 50 percent of those employees … Read more

360 Vantage Acquired By IMS Health

Earlier today, IMS Health, a healthcare company with the goal of improving patient care through the information and technology services, announced their acquisition of 360 Vantage, a Chandler-based developer of cloud-based mobile sales and marketing systems. IMS clarified their new goal in their press release “to further extend its commercial Software-as-a-Service capabilities for life sciences … Read more