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Kraft Foods Group Announces $650 Million Restructuring
2015-06-17 17:04:26| Food - Topix.net
On Oct. 29, 2012, Kraft Foods Group Inc.'s board of directors approved a $650 million restructuring, related implementation and spinoff transition program, the company said in a U.S. Securities & Exchange Commission filing. Global snacks business Mondelez International Inc., formerly Kraft Foods Inc., completed the previously announced spinoff of its North American grocery business, Kraft Foods Group Inc., in early October.
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million
foods
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SoftBank Leads $20 Million Investment in Fetch Robotics
2015-06-17 16:08:41| Logistics - Topix.net
Fetch Robotics announced today that it has raised $20 million in Series A funding. The round was led by SB Group US, Inc. and also included additional funding from seed investors O'Reilly AlphaTech Ventures and Shasta Ventures.
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robotics
Keysight to buy Anite for GBP 388 million
2015-06-17 10:22:00| Telecompaper Headlines
(Telecompaper) Keysight Technologies has agreed to by UK-based wireless testing equipment provider Antie for GBP 388 million cash. Keysight said the acquisition is in line with its strategy of expanding in software for wireless research and development. Anite will help expand its portfolio into the software layer for design and validation, and grow Keysight's position as a supplier for wireless design and validation tools. Anite's tools help design and validate chipsets, mobile devices and network equipment. Its customers include major manufacturers of mobile devices, chipsets and network equipment, mobile network operators, regulatory authorities, and independent test houses. With offices in 14 countries, Anite has more than 500 employees worldwide. Pending approval from regulators and Anite's shareholders, the takeover is expected to close by the end of October.
GSK invests $95 million in effort to demystify cell 'operating system'
2015-06-17 06:40:03| Biotech - Topix.net
British drugmaker GlaxoSmithKline is investing $95 million to create a new U.S. research institute led by a top genomics professor to investigate how a cell's operating system works. The move reflects a commitment to fundamental research by the British company, even as its shifts emphasis to greater reliance on non-pharmaceutical businesses such as consumer healthcare and vaccines.
Tags: system
million
cell
operating
California district will pay $15 million to sexual abuse victims
2015-06-16 21:24:00| American School & University
Evergreen district in San Jose settles lawsuit brought by families of second-grade students molested by their teacher. read more
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million
california
abuse
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