09:57 AM EST, 03/04/2025 (MT Newswires) -- Blaize ( BZAI ) said Tuesday it has signed an agreement with the Korea Advanced Institute of Science and Technology, or KAIST, for research and development projects focused on edge AI computing projects. The agreement also covers the co-development of prototypes and technology solutions, Blaize ( BZAI ) said. Under the agreement, Blaize...

Honeywell International Inc. ( HON ) has announced a $2.16 billion all-cash acquisition of Sundyne from Warburg Pincus (OTC:WPCBF). The deal is valued at 14.5 times Sundyne’s 2024 EBITDA on a tax-adjusted basis. The acquisition expands Honeywell’s industrial equipment portfolio, enhancing its capabilities in high-performance pumps and gas compressors. Headquartered in Arvada, Colorado, with global operations, Sundyne adds 1,000 skilled...

09:58 AM EST, 03/04/2025 (MT Newswires) -- Morningstar ( MORN ) said Tuesday that it has acquired private credit portfolio monitoring and management platform Lumonic, and Dealview Technologies, a provider of commercial mortgage-backed security and global collateralized loan obligation data. The company closed its acquisition of Lumonic on Monday, and closed its Dealview deal on Saturday. Financial terms of the...

China has banned imports of genetic sequencers from Illumina Inc ( ILMN ). , just minutes after U.S. President Donald Trump’s additional 10% tariff on Chinese goods took effect. China hit back at Trump's recent tariff hikes by placing its own tariffs on certain U.S. goods, sanctioning American companies, and planning to file a complaint with the World Trade Organization....