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Press Release

GE Antares Capital is Agent on $66 Million Credit Facility for Acquisition of Gold Star Foods

April 21, 2014

CHICAGO --- GE Antares, a unit of GE Capital, announced today it is administrative agent on a $66 million senior secured credit facility to support the acquisition of Gold Star Foods by Castle Harlan. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.

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Press Release

Financing in IT Industry Must Adapt to Growth in Cloud Computing, Says GE Capital

April 21, 2014

CHICAGO, IL, APRIL 21, 2014 --- Companies that design information technology (IT) solutions for commercial customers are facing significant changes to their business model as they adapt to the growing interest in cloud computing, according to GE Capital, Commercial Distribution Finance (CDF), a major provider of financing to IT solution providers.

At the same time, technology manufacturers are searching for simplified ways of providing financial support on a global basis to the companies that install their IT products and services for commercial customers.

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Report: US Needs to Up Its Game in Race for Clean Energy Investment

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Report: US Needs to Up Its Game in Race for Clean Energy Investment

The United States has fallen behind China as the top destination for clean energy investment, and it will need to take action to remain competitive in the multibillion-dollar sector, according to a report from the Center for American Progress.

Txch This Week: Baby Face Software And Floating Nuclear Reactors

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Txch This Week: Baby Face Software And Floating Nuclear Reactors

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by Norman Rozenberg

This week on Txchnologist, we looked at the wide range of innovations that could prove to be disruptive to a number of fields. First, University of Washington researchers have developed a software that accurately predicts changes in faces from babies to senior citizens.

Laser And Magnets Make Mobile Malaria Detector

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Laser And Magnets Make Mobile Malaria Detector

by Marsha Lewis, Inside Science TV

It starts with a mosquito bite and can end in severe sickness and even death. Malaria claims the lives of more than one million people worldwide each year.

Spotting the disease is the first step toward treating it, but the current way to detect malaria is costly, time consuming and not very accurate.

Better Water Through Science---Open Innovation's Hunt for Freshwater

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Better Water Through Science---Open Innovation's Hunt for Freshwater

New processes and technologies, developed through an open innovation platform, could springboard desalination from the margin to the mainstream of a global strategy to combat water scarcity.

Helping to accelerate the hunt for those breakthroughs is a new $200,000 incentive in the form of an open innovation challenge.

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