Cisco shares are climbing today after it reported earnings that beat analyst estimates and, to the relief of investors, encouraging guidance.
GTCR has agreed to sell GreatCall to Best Buy for $800 million. Based in San Diego, GreatCall is a provider of connected health and personal emergency response services for the elderly. The deal is expected to close in the third quarter of 2018. Raymond James was financial adviser to Great Call and GTCR while Kirkland & Ellis LLP was legal adviser. PRESS RELEASE CHICAGO, IL – August 15, 2018 – GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to sell GreatCall, Inc. (“GreatCall” or the “Company”) to Best Buy for cash consideration of $800 million. Headquartered in San Diego, California, GreatCall is the leading provider of connected health and personal emergency response services (PERS) for active aging, serving over 900,000 subscribers across the United States. GreatCall’s product offering includes senior-friendly hardware combined with one-touch connectivity to trained agents who can answer questions, dispatch
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The Canadian PV panel maker Silfab Solar hopes to beat standard module output by almost a third through a partnership with Dutch materials firm DSM. A strategic alliance between the two companies, announced this week, will see Silfab incorporating DSM’s conductive backsheet technology into modules for the North American market. "When you combine DSM's innovative technology and material science capabilities with Silfab's proven designs, we are able to realize a nearly 30 percent increase in output over conventional modules," said Paolo Maccario, COO of Silfab, in a press release. The conductive backsheets eliminate the need for electrical connections on the front of solar modules, increasing the surface area available for energy generation and cutting losses to deliver a 3 percent boost in power output compared to panels made from standard cells. When combined with back-contact cell technology into a finished module, the improvement in power output could be close <div class="post-limited-image"><img src="http://feeds.feedburner.com/~ff/GreentechMedia?d=yIl2AUoC8zA" border="0"></div>
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