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Private equity firm Francisco Partners announced on Oct. 31 that it has acquired the SSL/TLS Certificate Authority (CA) business from security firm Comodo Group. Financial terms of the deal are not being publicly disclosed. "This is a carve-out of the Comodo SSL business, which is now going to be a separate legal and operational entity," Bill Holtz, CEO of Comodo CA told eWEEK. Holtz is joined on the management team of the new Comodo CA business with Chairman of the Board Bill Conner, who is also the current CEO of network security vendor SonicWall. Comodo Group founder Melih Abdulhayoglu, will retain a minority stake in the Comodo CA business, as well as taking an observers role on the Comodo CA board of directors.
Turkey's national flag carrier Turkish Airlines (THY) is sending revamped planes to its flights to Colombia and Panama to give passengers traveling to Latin America and back extra comfort. Cemal Kaya, Turkish Airlines’ manager in Colombia, Panama and Venezuela, told Anadolu Agency on Monday that the planes serving the Colombia and Panama line have been renovated for a more comfortable flight. Explaining that despite its marathon 13-hour length, the Istanbul-Bogota-Panama line has many passengers, Kaya said that with the renovated planes THY started to give better service to its customers and has gotten lots of positive feedback.
Building on a long-term strategic partnership, Draper and Sierra Nevada Corporation (SNC) signed a memorandum of understanding (MOU) that sets a course for the two companies to explore development of space technologies, applications and missions related to SNC's Dream Chaser spacecraft. Customers for the new agreement include commercial entities, researchers, private foundations and NASA itself, which announced in February that it seeks partnerships with U.S. companies to advance the commercial space sector and support NASA's own mission.
Customs and Trade Minister Bulent Tufenkci said Tuesday he hoped the visa row between Turkey and the U.S. gets resolved soon since it hinders trade. The Turkey-U.S. visa row was sparked on Oct. 8, when the U.S. Embassy in Ankara announced the suspension of non-immigrant visa services to Turkish nationals, following the arrest of a local employee at the U.S. Consulate in Istanbul, prompting a tit-for-tat response from Ankara. Speaking at a meeting with the U.S. Chamber of Commerce committee in capital Ankara, Tufenkci said: "I hope the visa suspension will be removed shortly and negotiations will be concluded positively, and contribute to increasing trade volume between the two countries."
CAMBRIDGE, MA—Building on a long-term strategic partnership, Draper and Sierra Nevada Corporation (SNC) signed a memorandum of understanding (MOU) that sets a course for the two companies to explore development of space technologies, applications and missions related to SNC’s Dream Chaser® spacecraft. Customers for the new agreement include commercial entities, researchers, private foundations and NASA itself, which announced in February that it seeks partnerships with U.S. companies to advance the commercial space sector and support NASA’s own mission.
Investors sentiment increased to 1.18 in Q2 2017. Its up 0.07, from 1.11 in 2017Q1. It improved, as 33 investors sold Maxim Integrated Products Inc. shares while 142 reduced holdings. 62 funds opened positions while 144 raised stakes. 249.67 million shares or 0.74% more from 247.83 million shares in 2017Q1 were reported.
LOS ANGELES (October 23, 2017) – The inaugural Hollywood Turkish Film Festival (HTFF), sponsored by the Turkish Ministry of Culture and Tourism, General Directorate of Cinema and Turkish Airlines was held from October 20-22, 2017 in Los Angeles’ Paramount Pictures Studios with a special viewing of the critically acclaimed Turkish film Ayla. The best of Turkish cinema was showcased in a three-day program, bringing together filmmakers, actors, cinema enthusiasts, critics and industry influencers. The film festival aimed to recognize the diversity, significance and contributions of the Turkish film community.
TWIN FALLS, Idaho Tuesday night employees at Chobani's Twin Falls plant loaded up a refrigerated truck with yogurt products. The yogurt is headed to California to be handed out to victims and first responders of the California wildfires. According to the company, tens of thousands of products will be delivered to locations in Santa Rosa and Napa this week. “Along with the rest of the country, we’re heartbroken by the loss of life and devastation resulting from the wildfires in Northern California, but we know how resilient this community is,” said Tim Brown, Chobani President & COO. - http://www.kmvt.com
U.S. and Turkish officials will meet in the coming days to try to defuse a diplomatic crisis over Turkey’s arrest of some U.S. citizens and local consular workers, Turkey’s Deputy Prime Minister Bekir Bozdag said. “Turkey-U.S. relations have passed numerous tests, and we can overcome such crises,” Bozdag said in an interview with Haberturk television on Thursday. U.S. Deputy Assistant Secretary Jonathan R. Cohen, who’s in charge of European and Eurasian affairs, is expected to head the U.S. delegation to Turkey next week, NTV television said on its website, citing unidentified U.S. State Department officials. Bozdag’s comments came after Secretary of State Rex Tillerson told his Turkish counterpart of the Trump administration’s “profound concern” about the detentions.
Citigroup Inc. acquired a new position in shares of TURKISH INVT FD (NYSE:TKF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 65,882 shares of the financial services provider’s stock, valued at approximately $632,000.
LAS VEGAS, NV – October 9, 2017 – Through Blackhawk Modifications’ subsidiary government and military sales division, Vector-Hawk Aerospace (VHA), the companies have teamed with Sierra Nevada Corporation (SNC) to offer the Blackhawk XP67A Engine+ Upgrade STC Kit for the King Air 350ER at 16,500 and 17,500 pounds maximum allowable takeoff weight (MTOW). Specifically developed for military and government operations, the offering will include two factory-new Pratt & Whitney Canada (P&WC) PT6A-67A engines, new MT 5-bladed composite propeller assemblies and spinners, and a True Blue Power lithium-ion battery. Training, support, and a five year/2,500 hour enhanced new-engine warranty are also included.
A diplomatic crisis between the United States and Turkey that led them to stop issuing visas to each other's citizens is "overblown" and will likely be resolved soon, Turkish Deputy Prime Minister Mehmet Simsek said. In remarks apparently aimed at defusing tensions between the two countries on Wednesday, Simsek told an event in Washington that Turkey considered the safety and security of US diplomats and employees in Turkey a "top priority", and described the detention of staff at US missions in Turkey as "routine" investigations.
Western Union, a Fortune 500 company, announced last week that by the middle of next year it will move its global headquarters from Douglas County to take office space at One Belleview Station in southeast Denver. The company, which employs 1,300 people locally, will occupy 246,000 square feet of the new office tower, constructed just off the corner of Belleview Avenue and Quebec Street, just across the street from Greenwood Village city limits, in an area near the Belleview Light Rail Station where development has been aggressive.