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LORTON: QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc and a leading defense company providing missioncritical solutions in robotics and autonomous systems, sensing, protection systems, and next-generation autonomous vehicles announced today that it has entered into a definitive agreement to acquire Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590 million. The combination of QinetiQ US and Avantus will create a powerful growth platform to address the complex and large scale intelligence and defense challenges government customers face today. The closing of the acquisition is subject to customary conditions, including regulatory approvals, and is expected to close by end of calendar year 2022.

Avantus is a leading provider of mission-focused cyber, data analytics, and software development solutions to the Department of Defense, Intelligence Community, Department of Homeland Security, and other law enforcement and civilian agencies. From supporting sensitive national security customers on some of the most complex data engineering, cyber, and analytics problems in the world, to providing key mission operational, intelligence, and cyber support to special operators, and helping accelerate new technologies into the warfighter’s hands, Avantus has a strong track record of achieving speed-to-mission-impact. (AP)

WOBURN: OSSIO, Inc., a fast-growing orthopedic fixation technology company, announced today the U.S. launch and first commercial use of OSSIOfiber Suture Anchors, expanding patient access to the company’s growing portfolio of biointegrative implants for use in foot/ankle, shoulder, knee, hand/ wrist and elbow surgery.

Gregory Berlet, M.D., founding partner at Orthopedic Foot and Ankle Center in Columbus, Ohio, recently became the first surgeon to use the new implant in clinical practice.

“The new OSSIOfiber Suture Anchors provide amazing strength and biology that I trust to be predictable and safe for my patients,” Dr. Berlet, chief medical officer of OSSIO, said. “Utilizing OSSIO’s trusted bio-integrative material, these anchors allow me to maintain my preferred technique for soft tissue fixation procedures while improving my results. This is another big step for OSSIOfiber in becoming a new material standard in orthopedic fixation.”

for use in “fixation of suture (soft tissue) to bone in the shoulder, foot/ankle, knee, hand/wrist, and elbow” in a variety of specific orthopedic procedures. These implants were designed to achieve unrivaled strength and unmatched safety using their proprietary OSSIOfiber Intelligent Bone Regeneration Technology that leaves nothing permanent behind.

Additionally, the anchor’s proprietary by connecting the eyelet to the anchor, creating a single stable unit. OSSIO will initially launch the 4.75mm system into the foot and ankle market, followed by the company’s first entry into the sports/shoulder markets later this year. (AP)

SAN FRANCISCO: Today Bobbie, the only infant formula company in the U.S. founded and led by moms, is proud to be recognized by as one of the Best Workplaces for Innovators, as a standout in the Women Innovators category; and chosen by as one of the Best Small & Medium

Workplaces. Bobbie is also proud to be Certified by Great Place to Work for the second year in a row. 98% of employees at Bobbie say it is a great place to work compared to 57% of employees at a typical U.S.-based company.

fourth annual Best Workplaces for Innovators list honors organizations and businesses that demonstrate a steadfast commitment to encouraging innovation at all levels. Bobbie was named an honoree on the Women Innovators list for its dedication to creating a best-in-class workplace for women, going above and beyond performative activism to achieve gender equity through a culture of innovation.

“There’s a myth that startups can’t possibly create meaningful support structures for parents - we’ve set out to disprove that from day one with initiatives like our 12 month leave policy for birthing and non-birthing parents, balance coordinator, remote work culture, and unique mom-founded and parent-led team,” said . (AP)

JAKARTA: Accenture (NYSE: ACN) has agreed to acquire Romp, a brand and experience agency in Indonesia renowned for its creative talent and innovative services across branding, creative and performance marketing. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to deliver creative and tech-driven brand experiences for clients across Southeast Asia.

Ranked as one of Indonesia’s top three creative and most inclusive agencies in 2021, Romp boasts strong local knowledge and expertise in brand communications, design and digital operations. It has successfully transformed brands of all sizes and across industries, including Telkomsel, Indofood, Danone, Kimberly-Clarke Softex, Grab, Google and Godrej.

The intent to acquire Romp will enhance Accenture Song’s brand and marketing expertise, reinforcing its ability to help clients embrace new frontiers such as the metaverse and become relevant, experience-led organizations. It also strategically aligns with Accenture’s business strategy to help businesses in Indonesia capture opportunities in a post-pandemic economy that’s poised for substantial growth - its digital advertising market is the fastest growing in Southeast Asia and its e-commerce market is estimated to reach $53.8 billion in 2025. (AP)