Climb Global Solutions has acquired NeoVAD, a French IT distributor specializing in cybersecurity, cloud services, and virtualization, for about €16 million ($18 million). NeoVAD serves around 300 resellers and has shown strong financial growth, with EBITDA increasing 487% to €2.2 million in 2025. This acquisition expands Climb's European presence, strengthens vendor relationships, and is expected to increase earnings and adjusted EBITDA. Climb also plans to leverage NeoVAD’s local expertise to grow its Microsoft distribution business in Europe.
Climb Global Solutions' acquisition of NeoVAD provides context for readers interested in European IT and cybersecurity developments. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 22, 2026 18:11 WIB: out of 150 priced US Technology stocks, 17 rose and 130 fell. ARM was priced at USD 215.86 with a 1-day change of -4.74%, Applied Materials at USD 390.00 down 4.63%, and Intel at USD 88.66 down 4.63%.
Flutter Entertainment, a leading online sports betting and iGaming operator, will release its third quarter 2026 update on November 4 before the US market opens. The company will host a conference call at 8:30 a.m. ET the same day to discuss the resu...
iPower Inc. declared a 1-for-12 reverse stock split effective October 26, 2026, combining every 12 shares into one to increase the stock price. This move aims to keep iPower's shares compliant with Nasdaq's minimum bid price requirements. Post-split,...
U.S. Global Investors has listed its actively managed U.S. Global Technology and Aerospace & Defense ETF (WAR) on Peru's Lima Stock Exchange, marking the first availability of this ETF outside the U.S. This move gives Peruvian investors access to a f...
Alignment Health Plan will launch a new Medicare Advantage plan in Pima County starting January 1, 2027, increasing access to affordable, coordinated healthcare for nearly 1.1 million Medicare beneficiaries across Maricopa, Pima, and Santa Cruz count...
The global Urban Air Mobility (UAM) market is projected to grow from $2.16 billion in 2026 to $16.27 billion by 2035, at a CAGR of 20.9%. This growth is fueled by rising urbanization, traffic congestion, and advances in electric vertical takeoff and ...
