Weekly review, 25.-29. October: New Orleans’ first “unicorn”

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NEW ORLEANS – This week it was announced that the Cint Group, a Swedish research firm, has agreed to buy New Orleans-based analytics firm Lucid for approximately $ 1.1 billion. Cint, which was listed on the Stockholm and NASDAQ stock exchanges in February, said it would pay $ 580 million in cash and $ 470 million in shares for Lucid. “Cint and Lucid are complementary leaders in the insights industry, helping knowledge-driven companies achieve significant efficiency gains along their value chains,” said Tom Buehlmann, CEO of Cint, in a statement posted on the company’s website. “Our merger will be a crucial step for Cint. The combined company will be a global leader in technology-enabled insights and further strengthen Cint’s current proven business model. ”Founded in 2010 by Patrick Comer, Lucid makes software that“ helps companies access survey respondents who have authentic answers to their studies contribute and provide valuable data for their findings ”. The company, which is growing year after year, claims to have around 230 employees in branches in the USA, Europe and Asia.

Here are some of the other great business stories of the week:

Louisiana ends its statewide interior mask mandate After getting past his recent and worst coronavirus surge in the pandemic and seeing a sharp drop in new COVID-19 infections, Governor John Bel Edwards announced on Tuesday. The decision is one of the first mask mandates issued for scrapping the Delta variant-powered excavation. “I’m optimistic here today and I’m relieved that the worst of the fourth climb is clearly behind us,” said Edwards. …

New Orleans Children’s Hospital announced Opening of the new pediatric emergency room in metairie. Patient care began at 7 a.m. on Tuesday, October 26th. The new 11-bed emergency room offers a “full range of emergency services to care for children from birth to 21 years of age in addition to scheduled imaging tests,” a hospital spokesman said in a press release. “The Children’s Hospital prides itself on bringing specialized emergency pediatric care to families on the East Bank of Jefferson Parish,” said John R. Nickens IV, president and CEO of the hospital. “With our robust primary and specialty care network in Metairie, expanding services to include emergency care will best benefit the nearly 50,000 children in this community with the expert care of our team of pediatric emergency physicians.” The new facility on the corner of Clearview Parkway and Veterans Boulevard will be open 24/7. The Children’s Hospital’s network of pediatric specialists will provide specialized pediatric emergency services as well as diagnostic imaging services. …

Legalized sports betting is on its way to Louisiana and Caesars Entertainment has theirs Caesars Sportsbook App is officially available for download by eligible sports fans in the state. “Louisiana and the entire Gulf Coast region are a special part of the Caesars family. We’re excited to build on our longstanding commitment to the state with the introduction of legal sports betting, ”said Eric Hession, Co-President of Caesars Digital. “We know how passionate Bayou State sports fans are for their teams and we are confident that our brand new Caesars Sportsbook app and the exciting introductions we have to offer can give them a sports experience that is second to none.” The Caesars Sportsbook app links mobile sports betting with a loyalty program. In addition to mobile sports betting, Louisiana sports bettors will soon be able to bet in person at Caesars Hotels Harrah’s New Orleans and Horseshoe Bossier City. Each casino will shortly be accepting personal bets at temporary retail locations in their properties before their new Caesars Sportsbooks are launched pending state approval. In the fall of 2022, the Isle of Capri Lake Charles will be converted into Horseshoe Lake Charles and reopened with an additional Caesars Sportsbook location. …

The school administration has announced a plan Richardson Memorial Hall renovation, the 113 year old building that houses the Tulane University School of Architecture. The groundbreaking for the construction project is planned for spring 2022, and the building will reopen in autumn 2023. “I’m very excited to announce this much-needed renovation,” said Dean Iñaki Alday of the School of Architecture. “We are especially grateful for the support of Tulane University and our donors, who have recognized the need for renovations that will enhance the world-class education our students are already receiving.” The Richardson Memorial Hall, built in 1908, is located on the Gibson Quad between Dinwiddie Hall and the Richardson Building, just off St. Charles Avenue. Originally built for the Tulane School of Medicine, the limestone building has housed the School of Architecture since 1968. …

The University of New Orleans’ Boysie Bollinger School of Naval Architecture and Marine Engineering and Scale Innovations, a New Orleans industrial design company, is work together to design and construct an electric boat. “Shipping and related industries have been an important part of the New Orleans economy for many years,” said Matt Tarr, vice president of research and economic development at the UN. “The further development of new technologies in order to keep our region nationally and internationally competitive is of decisive importance for our economic growth. Electric boat technology is a key development that can continue to support sustainable economic development in our maritime sector and boost employment growth in the region. “…

Rotolo Consultants, a commercial landscaping and construction company, has its Entry into the Houston Market. Founded in 1978, the company employs more than 800 people, has 12 locations in the southeast and offers a range of facility services from disaster relief to large-scale landscape installations. “Moving to Texas is a natural and exciting next step for RCI,” said Keith Rotolo, company president and CEO, in a press release. “Our team of industry-leading professionals are prepared and ready to begin servicing some of the best commercial properties in Houston. We look forward to working in the ‘City without Borders’. “…

Drew Brees has certainly been preoccupied since Jan. 17 when he threw his final pass as the New Orleans Saints quarterback. His newest company is as a global ambassador for PointBet, an online bookmaker that started in Australia and has now expanded to eight states (with more in preparation) in the US, has three new commercials for the “Live Your Bet Life” campaign, “PointsBet’s market-leading technology infrastructure, the category-leading Highlights in-game betting features and the strategic approach to competitive sports betting, ”according to a press release from Troika Media Group, a brand consulting and marketing innovation company that is PointsBet’s creative agency partner for 2021. …

The Idea Village has opened applications for VILLAGEx, its flagship accelerator program for aspiring, high-growth, technology-oriented startups. The selective four-month program provides the cohort of founders with the resources and connections they need to quickly scale their ventures and build industry-leading companies. Applicants can apply online until November 19th. VILLAGEx 2022 runs from January to May 2022. The mentor-driven programming model provides access to a vast network of industry leaders, educational and pro bono resources, and perks valued at over $ 1 million. The accelerator is designed to maximize a founder’s ability to grow rapidly and positively impact the economy of New Orleans and the surrounding regions.

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