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GlaxoSmithKline buys Maxinutrition for £162 million

Maxinutrition – the company behind Maximuscle – has been snapped up by healthcare and sports drink giant GlaxoSmithKline (GSK) for £162 million. The deal sees...

Pearl Izumi takes action against Slipstream Sports

Apparel specialist Pearl Izumi has reportedly filed a lawsuit in a Boulder, Colorado, court against Slipstream Sports, which manages the Garmin-Transitions pro cycling team. In...

Canyon wins patent ruling, yet Cervélo ‘happy with outcome’

The ongoing legal wrangle between Canyon Bicycles GmbH and Cervélo may be coming to an end. This week, according to Canyon, the European Patent...

Under Armour CEO to sell more than 1 million shares

Kevin Plank, the CEO of sports apparel company and sports compression specialist, Under Armour, plans to sell up to 1,125,000 personal Class B shares...

Cervélo statement on patent dispute

Cervélo has issued a statement of clarification on the ongoing patent dispute of Canyon GmbH against Cervélo Cycles Inc and TriDynamic. Contrary to certain media...

Cervélo Test Team scoops Dutch coaching legend

Cervélo SA is pleased to announce that Joop Alberda of the Netherlands will be appointed the new Managing Director of Cervélo TestTeam, effective 1...