Katerra
Katerra was an American technology-driven off-site construction company. It was founded in 2015 by Michael Marks, former CEO of Flextronics and former Tesla interim CEO, along with Fritz Wolff, the executive chairman of The Wolff Co. Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017. In May 2020, it was announced that as a part of an additional $200 million raise, COO and former Schlumberger CEO Paal Kibsgaard would take over from Michael Marks as CEO of Katerra in June. Some of its independent assets in other regions, including the Middle East would continue to exist as independent entity. In June 2021, Katerra announced plans to shut down, laying off remaining employees without paying out earned personal time off or severance. Operations The company was founded in 2015. In January 2018, Katerra took an $835 million investment from Softbank. The investment was made from the Vision Fund. The company manufactured large building components off-site, p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paal Kibsgaard
Paal Kibsgaard (born April 1967) is a Norwegian petroleum engineer and businessman; the former chairman and CEO of Schlumberger, the world's largest oilfield services company. Early life He was born in Ålesund, Norway in April 1967. Education He qualified as a petroleum engineer with a master's degree from the Norwegian Institute of Technology in 1991. Career Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. He became its CEO in August 2011, succeeding Andrew Gould, who retired as chairman and CEO. He was replaced by Olivier Le Peuch in August 2019. Under his leadership, the company laid off approximately 70,000 employees in less than three years. He continued to receive $2 million annual salary from the company for unspecified services and for agreeing not to work for a rival company. In 2017, Kibsgaard received $20.8 million in reported pay, which was a 12 percent increase from the previous year. Kibsgaard retired from Schlumberger ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Michael Green Architecture
Michael Green Architecture Inc., commonly referred to as MGA, is a Vancouver, British Columbia, Canada-based multi-disciplinary architecture and interior design firm founded by Michael Green (architect) in 2012. History Michael Green Architecture was founded by Michael Green after he left his former partnership, McFarlane Green Biggar Architecture and Design (MGB). The firm designs buildings of all sizes and typologies using timber, including the Wood Innovation Design Centre in Prince George, British Columbia - which, when completed in 2015, was the tallest wooden building in the world at eight storeys (96 ft 29 m) tall. In 2017, they designed T3 Minneapolis, a 7-storey, building, which was the largest modern timber building in North America at the time. In May 2018, MGA was acquired by Katerra, a Silicon Valley construction start-up. Through the acquisition, Katerra purchased 100% of the economic interests in MGA. The voting shares remained majority-owned and controlled ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Softbank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Fund investors include sovereign wealth funds from countries in the Middle East. The company is known for the leadership of its controversial founder and largest shareholder Masayoshi Son. It operates in broadband, fixed-line telecommunications, e-commerce, information technology, finance, media and marketing, and other areas. SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world and the second-largest publi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Menlo Park, California
Menlo Park is a city at the eastern edge of San Mateo County within the San Francisco Bay Area of California in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; and Atherton, North Fair Oaks, and Redwood City to the west. It is one of the most educated cities in California and the United States; nearly 70% of residents over 25 have earned a bachelor's degree or higher. It had 33,780 residents at the 2020 United States Census. It is home to the corporate headquarters of Meta, and is where Google, Roblox Corporation and Round Table Pizza were founded. Its train station holds the record as the oldest continually operating train station in California. Toponym "Menlo" is derived from Menlo (the anglicized spelling of Irish Gaelic 'Mionloch', meaning 'small lake') in County Galway, Ireland. The name "Menlo Park" was given to a ranch purchased by Irish settlers in honor of their home village in Ire ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cross-laminated Timber
Cross-laminated timber (CLT) (a sub-category of engineered wood) is a wood panel product made from gluing together at least three layers of solid-sawn lumber, i.e., lumber cut from a single log. Each layer of boards is usually oriented perpendicular to adjacent layers and glued on the wide faces of each board, usually in a symmetric way so that the outer layers have the same orientation. An odd number of layers is most common, but there are configurations with even numbers as well (which are then arranged to give a symmetric configuration). Regular timber is an anisotropic material, meaning that the physical properties change depending on the direction at which the force is applied. By gluing layers of wood at right angles, the panel is able to achieve better structural rigidity in both directions. It is similar to plywood but with distinctively thicker laminations (or lamellae). CLT is distinct from glued laminated timber (known as glulam), which is a product with all laminations ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Defunct Softbank Portfolio Companies
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Menlo Park, California
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Technology Companies Established In 2015
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to economic deve ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Construction And Civil Engineering Companies Of The United States
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constru ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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WeWork
WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. As of December 31, 2021, the company operated of space, including in the United States and Canada, in 756 locations in 38 countries, and had 590,000 members, with a weighted average commitment term of 20 months. The company gained mainstream media attention in 2019 with its failed initial public offering (IPO) of company stock. ''The Wall Street Journal'' noted that upon the release of its public company, public prospectus in August 2019, the company was "besieged with criticism over its governance, business model, and ability to turn a profit". In September 2019, following mounting pressure from investors based on disclosures WeWork had made in its Form S-1, S-1 filing for the IPO, company co-founder Adam Neumann resigned from his position as CEO and gave up majority voting control in WeWork. Amid growing investor concerns over its corporate govern ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Greensill Capital
Greensill Capital was a financial services company based in the United Kingdom and Australia. It focused on the provision of supply chain financing and related services. The company was founded in 2011 by Lex Greensill. It filed for insolvency protection on 8 March 2021. History The firm was founded in 2011, with an initial focus on supply-chain finance. The company had since diversified its revenue streams, offering conventional banking services through a German subsidiary, Greensill Bank ( de), the offering of bonds based on debt it has purchased, and through funds managed with partner organisations including Credit Suisse. American private equity firm General Atlantic invested $250 million in Greensill in 2018. In 2018 Greensill was subject to extended media coverage and a call from British City grandee Lord Myners for formal investigation of the company's involvement in scandal at Anglo-Swiss asset manager GAM. In early 2019, Softbank invested $800 million in the comp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |