agreement

Infinite Reality goes public through a combined agreement with Newbury Street Acquisition Corporation

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[ad_1] Quick grab: The transaction is expected to provide up to $128 million in proceeds. The transaction values ​​the combined company at an equity value of approximately $1.85 billion. The net proceeds will be used to continue to build infrastructure, expand teams and accelerate the commercialization of iR products. Infinite Reality (iR), a company that … Read more

GM signs exclusive agreement to avoid future chip shortages – Review Geek

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[ad_1] Jonathan Weiss/Shutterstock.com While the global shortage of auto chips that began in 2020 is finally easing, the years-long battle isn’t over for automakers. As a result, General Motors entered into an exclusive and one-of-a-kind supply agreement with Global Foundries (GF) and secured a direct supply of chips going forward. GlobalFoundries, a microchip and semiconductor … Read more