Jabil Inc. will acquire 14 sites from Johnson & Johnson Medical Devices Companies, as part of a strategic collaboration.
The deal is part of an initiative by Jabil (NYSE: JBL), an electronics services firm and manufacturer, to bring $2 billion in new business into the company in the coming year, Mark Mondello, CEO, said on a conference call with analysts Tuesday.
Jabil, the largest company headquartered in St. Petersburg with $22.1 billion in revenue for the fiscal year that ended Aug. 31, historically has relied on Apple (NASDAQ: AAPL) for a big chunk of its revenue. Jabil makes iPhone casings and other products, and Apple accounted for 24 percent of its total revenue in fiscal year 2017.
RankMiner, a St. Petersburg-based voice analytics company, is one of just eight companies nationwide that will take part in the fall 2018 NVP Labs program.
Taking part in the program will help RankMiner move forward faster with lead generation and sales support, said Preston Faykus, founder and CEO.
The accelerator program, backed by venture fund Newark Venture Partners and founded by Don Katz, CEO and founder of Audible, provides each participant with a $120,000 initial investment and another $100,000 at the end of the program. There’s also potential investment from NVP’s direct investment arm of up to $1 million in subsequent funding rounds.
The Florida Humanities Council brings together two of our state’s top environmental authors for a joint discussion Thursday (Sept. 27) in the USC Grand Ballroom on the University of South Florida St. Petersburg campus. The free event Our Water, Our Florida will spotlight Cynthia Barnett, the author of three lauded books on people and water (the most recent, Rain, received a National Book Award nomination) and Dr. Jack Davis, winner of the 2018 Pulitzer Prize for History for his tome The Gulf.