SAN FRANCISCO , Dec. 19, 2024 /PRNewswire/ -- Carlsquare announced its role as exclusive financial advisor to Boomi, the intelligent integration and automation leader jointly owned by Francisco Partners and TPG, on its acquisition of Rivery, an advanced data integration provider offering cutting-edge Change Data Capture (CDC) for real-time, efficient data movement. Founded with a mission to streamline data management, Rivery enables organizations to deploy data pipelines efficiently by utilizing ELT capabilities. With its innovative solutions, Rivery has established itself as a leader in simplifying data management through real-time data integration and advanced CDC technology. The acquisition represents a significant milestone for Boomi as it accelerates its vision to simplify data management, allowing customers to consolidate on fewer vendors and address evolving data management needs in the age of data-driven decision-making and AI. "This acquisition marks an important milestone for Boomi as we expand our platform to address the evolving data management needs of businesses in the age of data-driven decision-making and AI. Carlsquare's expertise and dedication through the entire process was a critical success element. Their deep understanding of the automation and data sectors enabled them to be true champions of our success," said Steve Lucas , Chairman and CEO of Boomi. Susan Blanco , Managing Partner at Carlsquare, added, "Boomi's acquisition of Rivery underscores the growing importance of advanced data integration solutions. We are proud to have delivered an exceptional outcome for Boomi and its stakeholders as they continue to lead in the intelligent integration and automation space." About Boomi: Boomi is the intelligent integration and automation leader, helping organizations around the world streamline critical processes to achieve business outcomes faster. The Boomi Enterprise Platform harnesses advanced AI capabilities to seamlessly connect systems and manage data flows with API management, integration, data management, and AI orchestration in one comprehensive solution. For more information, visit www.boomi.com . About Carlsquare: Carlsquare is a global technology investment bank with over 20 years of experience advising companies and their shareholders on M&A, capital markets, and strategic matters. With 170+ bankers across 8 countries, Carlsquare provides unparalleled access to investors, private equity partners, and strategic buyers. For more information, visit www.carlsquare.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/carlsquare-advises-boomi-on-acquisition-of-data-integration-provider-rivery-302336746.html SOURCE Carlsquare, LLCMUMBAI: Commuter associations and passengers have cautioned the Western Railway against succumbing to political pressure and altering train schedules and reducing the number of air-conditioned (AC) trains plying on the suburban route. On Thursday, a meeting between Western Railway (WR) authorities and the Divisional Railway Users Consultative Committee (DRUCC) - a body appointed by the Indian Railways representing train commuters - discussed this issue, among other things. On December 3, the Shiv Sena (UBT) had organised a protest at Bhayander station, where they opposed the replacing of the 8.24 am Churchgate-bound non-AC local with an AC local. They claimed that AC services were not being adequately patronised. Following the protest, last week, the WR revised its train schedule and increased the number of coaches, from 12 to 15, for two non-AC services starting from Bhayander. The revision was in response to demands made by the Sena (UBT) to withdraw suburban AC services during morning peak hours. Opposing this decision, DRUCC members at Thursday’s meeting urged the railway not to curtail the services of AC local trains, especially those connecting Bhayander and Virar with Churchgate, sources said. “There is ample demand for AC trains, which operate at full capacity. There is no space to board Churchgate-bound trains from Borivali during morning peak hours and vice versa during evening rush hour. We demanded that the new AC train that has come to the Central Railway and is lying unused be shifted to WR,” said Rajiv Singhal, member, DRUCC. “I have appealed to local railway officials and the ministry of railways not to succumb to political pressure”. In November, the Central Railway, after more than two years, received an AC local train with advanced technology that creates more room for passengers. Sources in the WR who were present at the meeting said they have asked the Railway Board if this train could be transferred from the CR to the WR. Currently, WR has nine local AC trains and operates 109 trips daily. These AC locals carry over 4% of the passengers on the railway and account for 23% of the railway’s revenue. The average daily number of commuters using AC locals on the WR is around 125,000, of the total 2.9 million commuters travelling on the 120-km-long Churchgate–Dahanu route. The Central Railway operates six AC locals, with five of them in service operating 66 services. When inducted, the seventh new AC train will be used when other trains are under maintenance. “There is no proposal to send our AC rake to the WR and it will be used for our services after fitment. This new rake will be needed to avoid cancellation of AC trains on Saturdays and Sundays,” said a CR official.
Dallas 34, Washington 26
Zimmer Biomet Holdings Inc. stock underperforms Friday when compared to competitors
None
Akima Sets Benchmark for Veteran Hiring With 2025 Military Friendly® DesignationMaharashtra: Congress' Nana Patole slams BJP Over Delay In CM’s Appointment
Gov. Gretchen Whitmer is on a trade mission this week in Spain to spur foreign investments in the state. “This investment mission to Spain is an opportunity to expand Michigan’s global footprint and attract new economic opportunities to our state,” Whitmer said in a statement. “Engaging directly with international business and policy leaders allows us to showcase Michigan’s strengths and competitive advantages, helping to foster new investments that create good-paying jobs for Michiganders. “Building these connections with the global business community is essential to sustaining growth and ensuring economic prosperity for all.” The three-day trip kicked off Monday, Nov. 25, with Whitmer joining the state’s economic development team, including Michigan Economic Development Corporation (MEDC) CEO Quentin Messer Jr. According to the MEDC, Michigan is Spain’s fifth-largest trade partner among the states. Over the last decade, Spanish companies invested in eight foreign direct investment projects have resulted in 926 jobs created and $283.98 million in capital investment in the state. The country is Michigan’s 11th-largest export market, with Michigan exporting more than $770 million worth of goods to Spain in 2023, according to the MEDC. On the trip, the governor and team will meet with public and private sector leaders to expand partnerships and secure investments, which MEDC officials said will create jobs and bring critical supply chains home to Michigan. Among the meetings, the Michigan delegation will further build relationships with officials from Spain-based automotive supplier Gestamp, which MEDC officials say recently announced expansions of its manufacturing operations in Mason, Lapeer and Chelsea. The company, which has its North American headquarters in Troy, is also planning to open a fourth factory in Chesterfield, according to Senate Democrats . “Connecting directly with business and government leaders in Spain is another valuable opportunity to showcase Michigan as a prime destination for global investment,” Messer said. “As one of the nation’s most international states, Team Michigan will continue to present our ‘Make It in Michigan’ strategy, focused on investing in people, revitalizing places and winning projects to global neighbors.” While in Madrid, the Michigan delegation will be joined by Maria Jesus Fernandez, the trade commissioner of Spain in Chicago. Other trade missions this year involving the state’s executive branch include Whitmer traveling to South Korea and Taiwan and Lt. Gov. Garlin Gilchrist II traveling to the United Kingdom and the Netherlands.
The Kansas City Chiefs bounced back from their first defeat of the season with a dramatic 30-27 win over the Carolina Panthers. The reigning Super Bowl champions saw their run of 15 straight wins ended by the Buffalo Bills last week, but got back to winning ways thanks to star quarterback Patrick Mahomes. After a late Chuba Hubbard touchdown and two-point conversion had made it 27-27, the Chiefs got the ball back with less than two minutes on the clock and a 33-yard run from Mahomes helped set up Spencer Shrader for a game-winning field goal. Mahomes finished the game with 269 yards and three touchdowns, two of them to Noah Gray in the first half. Running back Jahmyr Gibbs scored two touchdowns as the Detroit Lions beat the Indianapolis Colts 24-6 to improve their record to 10-1, matching that of the Chiefs. David Montgomery also ran for a score before having to leave the game with a shoulder injury. The Tampa Bay Buccaneers ended a four-game losing streak with a 30-7 win over the New York Giants, who “mutually agreed” to terminate the contract of quarterback Daniel Jones earlier this week. Jones’ replacement Tommy DeVito was sacked four times while opposite number Baker Mayfield ran for a touchdown and completed 24 of 30 pass attempts for 294 yards. Rachaad White, Bucky Irving and Sean Tucker also ran for touchdowns in a one-sided contest. The Dallas Cowboys ended their five-game losing streak with a remarkable 34-26 win over the Washington Commanders, with 30 points scored in the final three minutes. KaVontae Turpin’s 99-yard kick-off return for a touchdown looked to have sealed victory for the Cowboys, only for the Commanders to respond with a field goal before getting the ball back with 33 seconds remaining. Wide receiver Terry McLaurin sprinted 86 yards through the Dallas defence for a touchdown, only for Austin Seibert to miss the extra point. The Commanders tried an onside kick and Juanyeh Thomas returned it 43 yards for a touchdown. Quarterback Tua Tagovailoa threw four touchdown passes as the Miami Dolphins cruised to a 34-15 win over the New England Patriots, while the Tennessee Titans pulled off a surprise 32-27 victory at the Houston Texans. The Minnesota Vikings improved to 9-2 thanks to a 30-27 overtime win against the Chicago Bears, Parker Romo kicking the decisive field goal from 29 yards.None
Kicker misses an extra point late as Commanders lose a wild one to the CowboysPenn State seeks to stay perfect, takes on Fordham
MONTPELIER — The drumbeat for a municipal tax rate increase that is in line with the current rate of inflation just got a little bit louder in Montpelier where city councilors are struggling with what amounts to a $460,000 problem. That’s the bad news. The good news, which may not be as good as it sounded in the moment Wednesday night, was that latest draft of the budget for the Montpelier Roxbury Public School District estimates Montpelier’s homestead tax rate would drop 1.62% — about 2 cents — after spiking last year. Fraser — and later Finance Director Sarah LaCroix — acknowledged that number was subject to change even as Superintendent Libby Bonesteel was across town warning school directors it was based on the fiscal equivalent of “quicksand.” Bonesteel explained there is reason to believe some of the preliminary numbers used to generate what may be an overly rosy projection with respect to the education tax rate are unreliable and, she said, it wouldn’t take much to turn what looks like a slight rate reduction into 6% increase. “We feel like we’re standing on quicksand right now,” Bonesteel told board members contemplating whether to make adjustments to a budget proposal that currently calls for spending nearly $32.4 million, an increase of about $1.8 million, or a little over 5.8%. The board made no decisions and neither did the council, though there appears to be a growing sense that the $19.2 million municipal budget recommended by Fraser last week will be altered next year. Fraser acknowledged as much during a self-described “rant” that spanned 10 minutes and framed the hour-long discussion that followed. It’s one during which Montpelier’s veteran manager sought to debunk the narrative he is “playing games” with the budget and “push back” on the suggestion the city is administratively “top heavy.” Fraser said the budget he recommended is what is required to provide the services, through its strategic plan, has indicated it wants. “If you want to do what you want to do, this is what it (costs),” he said before launching into a protracted defense of his administrative team. “I appreciate that we have difficult decisions to make, but I want to push back ... about this notion that we have ... all these people in their ivory towers doing nothing,” Fraser said, praising in some detail the work his multi-tasking department heads do on behalf of the city. “Every one of them is delivering services to our public, and if you were to change their titles the work they’re doing still needs to be (done),” he said. Fraser echoed that sentiment more than once before he was finished, noting that further staff cuts to a budget that already reflects a net reduction in employees would come at a cost. “If we reduce people we’re going to have to decide what work we’re not going to do,” he said. Flash forward an hour and Liberty Street resident Dave Bellini lamented the council hadn’t made more progress on that front. “You’re dancing around the issue,” Bellini complained. “You have to look at ‘necessary’ versus ‘nice-to-have.’” Fire, police and public works all got a thumb’s up from Bellini, who argued a communications specialist didn’t “pass the straight-faced test” in a community of 8,000 people. “Get real,” he said. “This is a small corner store that you’re managing here. This is not Walmart or something.” Bellini said limiting the tax rate increase to the rate of inflation — 3.5% — was reasonable and, he said he believed necessary. “I’m fed up with the taxes,” he said. “Last year, the taxpayers got kicked in the teeth. Enough!” Bellini’s comments served as a bookend to Fraser’s pre-buttal and capped a council conversation that featured a mix of frustration and confusion. The latter was supplied by Councilor Sal Alfano who mistakenly believed the council previously voted to ask Fraser to prepare a budget that would require an inflation-based tax increase of 3.5%. Though that was the suggestion of Councilor Tim Heney, and others voiced support for it at the time, Fraser noted, the council never voted. “If there had been a motion made and passed that’s what you would have got,” he said, recalling a conversation that was more brainstorming than directive. Absent clear direction, Fraser recommended a budget he said limited the increase as much as possible, while still meeting the goals outlined in the council-approved strategic plan. Heney suggested Wednesday night the plan, which in his view is little more than a too-long list of “bullet points,” is treated by staff as council priorities, which becomes a problem when budget season rolls around. “Not every service that we provide is essential for a community our size,” he said, adding: “We provide a lot of good services to people, but it’s OK to review that and determine when we’re over the top.” Heney said he would like to explore the city’s information technology contract and is intrigued by the possibility of facilitating the Montpelier Senior Activity Center’s possible shift to a stand-alone non-profit. Others, like Alfano and Councilor Adriene Gil, said they were uncomfortable recommending specific reductions and believed that should be left to those who know more about how the city functions. According to Fraser, limiting the tax increase to 3.5% would require cutting an additional $460,000, identifying that much new revenue, or some combination of the two. For the second straight week he dangled the prospect of enacting a 1% tax on sales, while being careful to note he wasn’t recommending it and suggested most other alternatives would require additional layoffs. “We are in an impossible situation. I don’t think we can reduce the tax rate significantly without affecting something we do,” he said. “That’s not a threat, that’s just a fact. So the question is which area do you want to choose?” If Fraser was expecting an answer in real time he didn’t get one and councilors agreed to resume their budget discussion on Jan. 8. In order to meet the Town Meeting Day warning requirements, the budget must be adopted on Jan. 22. david.delcore @timesargus.comBackflip Releases AI Model That Turns Text Into Physical Reality, Backed By $30M from NEA and Andreessen Horowitz