Lucid Motors on its way to becoming a publicly traded company

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