Tine Hoffmeister

German company HeidelbergCement secures 45% of local tech firm Command Alkon.

A German company has made a minority investment in a Birmingham supply chain tech company. HeidelbergCement, a German-based manufacturer of building materials and solutions, has signed an agreement to make a minority investment to acquire 45% in Command Alkon. This deal is part of HeidelbergCement’s new partnership with San Francisco-based software investment firm Thoma Bravo, which

German company HeidelbergCement secures 45% of local tech firm Command Alkon. Read More »

Merkel’s Party Suffers Sweeping Losses as Germans Spread Vote

The Social Democrats narrowly defeated Angela Merkel’s conservative party on Sunday, setting the stage for tough negotiations to determine who will replace her as chancellor. As Germany’s election results came into sharper focus on Monday, no party won a decisive majority but the loser was clear: Chancellor Angela Merkel’s Christian Democrats. After 16 years in

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Adtran in Huntsville, Alabama and Adva in Munich, Germany, announce merger in $931M deal.

Huntsville’s Adtran and Munich-based Adva will merge, with the new company retaining Adtran’s name and headquarters in Alabama and Germany. MarketWatch valued the all-stock deal at $931.1 million. The merger will “create a leading global, scaled provider of end-to-end fiber networking solutions for communications service provider, enterprise and government customers,” according to a press release, combining Adtran’s leadership

Adtran in Huntsville, Alabama and Adva in Munich, Germany, announce merger in $931M deal. Read More »

E.U. Recommends Travel Ban For American Tourists

As expected, the European Union recommended today that its 27 member nations reinstate travel restrictions for American tourists because of rising coronavirus infections in the United States. The European Council has decided to remove the U.S. from its ‘safe list’ of countries for nonessential travel. This is a reversal from its June decision to recommend lifting restrictions

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