Identiv has agreed to sell its IoT business assets and Thai subsidiary to Trackonomy Systems in exchange for $50 million in preferred equity and a $25 million cash contribution to support integration and growth. Post-sale, Identiv will focus on building a SaaS business integrated with Trackonomy's Physical AI platform, targeting acquisitions in regulated industries to drive long-term shareholder value. The deal is expected to close in Q3 or early Q4 2026, subject to approvals. Additionally, Identiv has expanded its stock repurchase program to $40 million, signaling confidence in its new strategic direction.
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
IQSTEL Inc. announced preliminary net revenue of approximately $207 million for the first half of 2026, marking a 59% increase from $130 million in the same period of 2025. The company expects to complete its acquisition of Ultranet this quarter, whi...
Chipotle is launching a $1 million burrito giveaway during the international soccer tournament final on July 19. During the second official hydration break, viewers can participate in a game on Chipotle's Instagram by tracking a lemonade-filled cup a...
Synapticure has introduced a virtual ataxia care program to provide specialized neurological care for adults living with ataxias, a group of disorders causing coordination and motor function loss. Partnering with Biogen for awareness, the program off...
Traders on the Kalshi crypto prediction market show more confidence in Stellar (XLM) than XRP for finishing 2026 with positive returns. Currently, 36% of traders bet on XLM ending the year in the green, compared to 31% for XRP. Historically, XLM has ...
