Defence giant Lockheed Martin acquires N.S.-based undersea warfare company
DARTMOUTH — United States defence and aerospace giant Lockheed Martin has acquired Nova Scotia-based undersea defence company Ultra Maritime for $3.45 billion.
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DARTMOUTH — United States defence and aerospace giant Lockheed Martin has acquired Nova Scotia-based undersea defence company Ultra Maritime for $3.45 billion.
Paramount+ has acquired non-exclusive rights to several kids franchises from Moonbug Entertainment, including series from the “CoComelon” and “Blippi” universes. Under the new deal, some Moonbug series will begin appearing on Paramount+ starting Nov. 1. Paramount+ will acquire more than 60 hours of programming, including “CoComelon’s JJ’s Animal Time” and “C
OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business.
With Pipecat, Deepgram will likely gain a deeper understanding of real-time voice and video infrastructure.
The deal combines the two largest grocery delivery platforms in the US.
The acquisition of the warplanes comes amid ongoing fighting in northern Tigray region that started last month.
Optimum Global has announced the successful acquisition of Mayfair Microfinance Bank, marking a strategic step to expand financial inclusion in Nigeria. Read More: https://punchng.com/optimum-global-acquires-mayfair-microfinance-bank/
EXCLUSIVE: Janus Films has acquired all rights in North America and the UK/Ireland to Alfonso Cuarón’s classic fourth feature, Y Tu Mamá También, which has been restored in 4K to mark the 25th anniversary of its premiere. The new 4K print will be released theatrically in the summer of 2027. Y Tu Mamá También launched […]
The Lede Company has acquired London-based fashion and lifestyle agency Aisle 8, Aisle 8 founder Lauren Winslade will join as President of Brand for The Lede Company London, bringing her full team of 21 into the firm. Matthew Avento will continue to oversee the Talent and Strategic Communications divisions at the firm’s London office. Founded […]
Dangote Industries Limited has acquired a 25% stake in a Kenyan oil pipeline network as part of a wider plan to strengthen its distribution across Africa. Read More: https://punchng.com/dangote-acquires-25-stake-in-kenya-oil-pipeline/
Bose announced today it has acquired Skullcandy. Although the two companies are competitors in the consumer audio space, Skullcandy recently partnered with its new owner to bring several of Bose's audio technologies - including its head-tracking spatial audio and excellent active noise cancellation (ANC) - to products like the Skullcandy Crusher 1080 ANC hea
EXCLUSIVE: The Station, the debut narrative feature from Yemeni-Scottish filmmaker Sara Ishaq, has been picked up for North America by Watermelon Pictures. Watermelon will release the film theatrically later this year. The Station debuted in the Critics’ Week competition at the 2026 Cannes Film Festival. The official synopsis reads: Set against the backdrop
OpenAI says it's adding Orchestra's team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.
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