Loomis has agreed to acquire Hermes Transportes Blindados, a leading Peruvian cash and valuables logistics company, through a public tender offer valued at SEK 4 billion. The acquisition expands Loomis' presence in Latin America, tapping into Peru's growing economy and cash usage. Hermes serves around 1,000 clients and reported revenues of PEN 432 million in 2025. The tender offer is expected to launch in Q2 or Q3 2026, with closing anticipated in Q3, and will be financed entirely by debt. This move supports Loomis' strategic growth and sustainability goals while enhancing its service offerings in the mining and SME sectors.
RootsFi has integrated Cap's stcUSD as a primary yield source on the Tempo payment network, allowing users' balances to earn native yield backed by financial guarantees. This integration combines Tempo's fast Layer 1 payment infrastructure, RootsFi's...
MLCommons announced the MLPerf Training v6.0 benchmark results, introducing two new benchmarks—DeepSeek V3 and GPT-OSS 20B—that highlight the industry's shift toward sparse computation using Mixture-of-Experts (MoE) architectures. These benchmarks te...
AppFolio has enhanced its Performance Platform with new AI-driven features across leasing, accounting, and resident operations, integrating Anthropic’s Claude AI to automate complex workflows. These updates include automated invoice processing, multi...
Metallium Limited has successfully operated three Flash Joule Heating units simultaneously at its Texas facility, marking a key milestone in scaling its proprietary technology. The operation achieved 83% availability and nearly 100% utilization, exce...
Air Comm, a leading provider of wireless communication and security technology, has opened a new office in Farmers Branch, Texas, expanding its presence in the Dallas-Fort Worth area. This new location enhances Air Comm's ability to offer faster loca...
