The deal comes days after Pernod Ricard bought out Avion Tequila and months after Diageo bought George Clooney’s Casamigos tequila for up to $1 billion.
Jefferies analysts put the price at about 25.5 times Patron’s estimated operating earnings and 7.5 times its sales.
That is well below the estimated 20 times sales that Diageo paid for Casamigos, but Patron is a much more mature business, with estimated sales of about $675 million per year, versus only about $50 million for Casamigos.
Smart clothing is seen as a way to revolutionize the practice of healthcare, and it’s hoped that a widespread use of garments used to monitor health or help with treatment could reduce reliance on costly equipment and a heavily burdened healthcare system.
Clothing that can track chronic disease or conditions, help with a growing aging population, or make patients more comfortable during a stay at a hospital or treatment facility is seen as a way to create value, boost health insights, and reduce costs.
E-textiles are designed to feel comfortable on the skin but at the same time be functional. These smart fabrics consist of traditional fabric woven with conductive fibers as well as electronic elements such as biomedical sensors, microcontrollers, fiber optics and wearable antennas, such as Mouser’s line of Internet of Things system-on-modules.
An example of a biomedical sensor that could be used in e-textile applications is the Analog Devices’ AD8232/33 Heart Rate Monitor Front End . It is an integrated signal conditioning block for ECG and other biopotential measurement applications, designed to extract, amplify, and filter small biopotential signals in the presence of noisy conditions.
The Intel® Edison development platform is designed to lower the barriers to entry for a range of inventors, entrepreneurs, and consumer product designers to rapidly prototype and produce “Internet of Things” (IoT) and wearable computing products. It is both a system-on-module solution and an item that incorporates a wearable antenna.
Many political observers still seem flummoxed by the fact that millions of working-class Americans voted for Donald Trump after supporting Barack Obama not once but twice. One important reason may lie in certain large-scale changes in America’s job market over the last decade. The growing role of a college degree in landing a job is well documented.
.. the composition of that workforce—who lost their jobs compared to who landed new jobs—changed in decisive ways. From January 2008 to January 2013, millions of people without college degrees lost jobs and never regained them, while all of the job gains went to the one-third of the labor force (as of January 2008) with at least a B.A. degree.
These trends have serious social consequences as well. Too often, the downward spiral has not ended with joblessness. Researchers have found that nearly half of working-age men who have left the labor force use pain killers on a daily basis.
Moreover, new research shows that on a county-by-county basis, each percentage-point increase in unemployment is now accompanied by a 7.0 percent increase in hospitalizations for opioid overdoses and a 3.6 percent increase in opioid-related deaths.
Chief Executive John Flannery has previously raised the idea of selling pieces of the largest U.S. industrial company, but went slightly further on Tuesday, saying GE is “looking aggressively” at a spin-off or other ways to maximize the value of GE’s power, aviation and healthcare units.
A group of researchers from the University of Eastern Finland—who previously found that people who regularly used saunas had lower rates of hypertension, cardiac death and dementia compared to infrequent users—now find in a new study that sauna bathing can have a direct effect on blood pressure, heart rate and vascular health.
Teens who spend five hours per day on a device are 71 percent more likely to have a risk factor for suicide, they write, while eighth graders who use social media heavily have a 27 percent higher risk of depression.
In recent years, as smartphone technology has become ubiquitous and entered the classroom, more than 85 percent of teachers report an uptick in students’ social and emotional challenges. Phone-addicted teens get less sleep and have less empathy than their disconnected peers.
Half of parents describe being locked in a “constant battle” with their children over screen time.
Add to all that the fact that “the average American teenager who uses a smart phone receives her first phone at age 10 and spends over 4.5 hours a day on it (excluding texting and talking).”
Three-quarters of teens admit to checking their phones every hour; half describe themselves as “addicted.”
To make an individual muscle fiber, you need a lot of them. It takes Nenad Bursac’s team about five weeks to convert a single stem cell into about a thousand myogenic progenitors (after which, Bursac says, it’s fairly easy to scale to millions or even billions of cells).
The researchers then load those progenitor cells onto a cylindrical scaffold of gel made of fibrin, the same stuff that helps your blood clot. It gives the cells a surface on which to align and complete their transformation into unified bundles of muscle fiber.
Office employees have come to accept that there are no off-duty hours, and work will impede on life at home. Phone calls will need to be made, texts sent, emails responded to.
Now, research suggests that the negative effects of being tethered to your job demands through your mobile device are not contained within a household. They also seem to leak into both partners’ life at work, harming job satisfaction and performance for both people.