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Acquisition will bolster Synchronoss as the worldwide de facto standard and market leader in providing Personal Cloud solutions to Operators

BRIDGEWATER, N.J. - Wednesday, February 4th 2015 [ME NewsWire]

(BUSINESS WIRE) - Synchronoss Technologies, Inc. (NASDAQ:SNCR), the leader in mobile cloud innovation and software-based activation for mobile carriers, retailers and OEMs around the world, today announced that it has entered into an agreement to acquire personal cloud assets from F-Secure Corporation. With this acquisition, and combined with Synchronoss’ current global footprint, Synchronoss will now service over 75 Mobile Operators, including nine Tier One Global Providers. These Mobile Operators will offer Synchronoss direct access to over 3.5 Billion subscribers around the world for its personal cloud platform.

In consideration for the acquisition, Synchronoss will pay approximately $60 million USD in cash to F-Secure and the deal is expected to clo ... Read more »

APP introduces its 2015 FCP implementation plan to address lessons learned from the field, stakeholder input and the findings of the evaluation

JAKARTA, Indonesia - Thursday, February 5th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Asia Pulp & Paper (APP) has today welcomed the Rainforest Alliance independent evaluation of its Forest Conservation Policy (FCP). The evaluation concludes that the company has made moderate progress towards meeting its commitments.

The FCP was announced on February 5th 2013, marking an immediate end to natural forest clearance by APP’s pulpwood suppliers as well as a range of other measures. APP recognised that engaging the Rainforest Alliance, a credible international organisation, to evaluate its progress would provide a valuable perspective on its work as well as increase transparency.

The evaluation report, which assesses the period between 5 February 2013 and 15 August 2014, provides a view of the company’s p ... Read more »

ABU DHABI, United Arab Emirates - Monday, February 2nd 2015 [ME NewsWire]

The Ministry of Interior (MoI) honored the winning teams and participants of the eighth Sports Activities, organized by the Police Sports Association. The participating staff members from the sectors and departments of the MoI were honored in a grand ceremony held at the auditorium in the Ministry’s headquarters in Abu Dhabi.

Major General Khalifa Hareb Al Khaili, Assistant Undersecretary of the Ministry of Interior for Resources and Support Services, awarded the Sports Excellence Shield to the sector of the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior. Major General Al Khaili praised the support accorded by the police leadership to the Sports Activities, as well as the cooperation from the different sectors, their active participation in these events, and for their consistent participation which has had a great impact in achieving the sought-aft ... Read more »

Ofer Shapiro Becomes Vice Chairman, Guy Resheff Appointed CTO

HACKENSACK, N.J. - Wednesday, February 4th 2015 [ME NewsWire]

(BUSINESS WIRE) Vidyo, Inc., ended its fiscal 2014 year on January 31, 2015 and announced significant growth driven by strong market demand and the appointment of Eran Westman, as President and Chief Executive Officer of Vidyo, succeeding co-founder Ofer Shapiro, effective immediately. Westman previously held the role of Chief Revenue Officer. Shapiro assumes the role of Vice Chairman and will continue to help guide the company he has led since founding it in 2005. Vidyo also announced that Guy Resheff has joined the company as Chief Technology Officer to lead the technology and product teams.

“Ofer drove innovation in the video conferencing industry and transformed how people communicate by delivering an amazing video quality experience over the Internet,” said Eran Westman, Vidyo President and CEO. “A true pioneer, he ... Read more »

DUBAI, United Arab Emirates - Tuesday, February 3rd 2015 [ME NewsWire]

Healthcare experts at the CME accredited, two-day Health Conference, hosted by City University London in collaboration with the Mohammed Bin Rashid Academic Medical Center at Dubai Healthcare City, concluded assistive technology, including mobile health and telecare – will play a key role in the healthcare industry, and in combating chronic diseases such as diabetes, cardiovascular disease and cancer.

Chronic diseases are having a serious impact on the health of the UAE. According to the UAE Ministry of Health, cancer and cardiovascular disease are two of the three leading causes of death in the country, whilst the most recent International Diabetes Federation data reports there are 37 million diabetics in the region, including 803,900 in the UAE.

Nearly 200 people were in attendance over the two-day event, including students, graduates, teachers, family physicians, residents, doctor ... Read more »

Abu Dhabi, United Arab Emirates - Monday, February 2nd 2015 [ME NewsWire]

In a ceremony held on Monday at the Forensic Evidence Hall at the Abu Dhabi Police General Headquarters,  Major General Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of HH Deputy Prime Minister and Minister of Interior, awarded 40 officers with their new ranks. The officers were promoted by virtue of the Federal decree No. (7) of 2015 that His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, had recently issued at the level of the departments affiliated to  the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior.

Major General Al Nuaimi noted that this promotion, which included a group of officers from various work locations, represents an incentive for them to make further contributions in performing and upgrading their missions in security - which embodies the vision of the police leadership. The vision of the lead ... Read more »

LONDON. - Wednesday, February 4th 2015 [ME NewsWire]

(BUSINESS WIRE) SmartStream Technologies, the Financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that SmartStream has acquired assets related to software, sales and support of IBM’s (NYSE: IBM) Algorithmics collateral solution. This is a strategic deal to enhance SmartStream’s existing suite of solutions, which enables financial organizations to automate the end-to-end post trade lifecycle, decreasing costs and risk.

The Algorithmics Collateral solution, now rebranded TLM Collateral Management, has an established position in the financial services industry, offering collateral lifecycle automation for buy- and sell-side institutions, custodians and asset servicers, both large and small. SmartStream believes that clients will achieve significant additional value, beyond a standalone operation, through the integration of collateral management with SmartStream’s ... Read more »

AMSTERDAM. - Wednesday, February 4th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) today released the following regular monthly Net Asset Value (NAV) and Performance Report for the month of January 2015. The information has also been posted to the PSH website, www.pershingsquareholdings.com. Monthly net asset value and performance are calculated at the close of business on the last business day of the month.

To view the full release including the tables, please click here

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Tim.Burt@stockwellgroup.com

 

 

 

 

Permalink: http://me-newswire.net/news/13554/en

Under the Patronage of Mohammed bin Zayed Al Nahyan

ABU DHABI, United Arab Emirates - Wednesday, February 4th 2015 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, attended the graduation ceremony of the 25th batch of cadets and university graduates and the 9th batch of female university graduates. The ceremony took place on Wednesday at the Police College Headquarters in Abu Dhabi under the patronage of General HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

The ceremony was attended by HH Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation; Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development; and Dr. Mohammed Ali bin Koman, Secretary General of the Arab Interior Ministers Council; alongside a number of mi ... Read more »

 -- Significantly Enhances Duff & Phelps’ World-Class Valuation Service Offering --

NEW YORK - Tuesday, February 3rd 2015 [ME NewsWire]

-- Accelerates Expansion of Global Footprint --

(BUSINESS WIRE) - Duff & Phelps Corporation, the premier global valuation and corporate finance advisor, today announced that it has signed a definitive agreement to acquire American Appraisal Associates, Inc., a global full-service valuation and fixed asset management advisor. The transaction bolsters Duff & Phelps’ world-class valuation capabilities, adding professionals in more than 50 offices globally. As a result, Duff & Phelps will significantly expand its geographic footprint in Europe and Asia.

Noah Gottdiener, Duff & Phelps' Chief Executive Officer, said, “The American Appraisal acquisition represents an important milestone for Duff & Phelps. We are bringing together firms that, collectively, possess more than t ... Read more »

Powered by new smartphone and enterprise engines, profitability set to expand

HONG KONG. - Tuesday, February 3rd 2015 [ME NewsWire]

    US$14.1 billion in revenue
    Pre-tax income before non-cash, M&A-related accounting charges* of US$348 million and pre-tax income of US$274 million
    Net income before non-cash, M&A-related accounting charges* of US$327 million and net income of US$253 million
    Achieved record high milestone of 20 percent PC market share**
    M&A delivers more balance: 65 percent of revenue now from PCs, 24 percent from Mobile and 9 percent from Enterprise vs. one year ago when PCs were 81 percent
    Basic EPS of 2.32 US cents, or 17.99 HK cents
    Net cash reserves of US$1.3 billion (as of December 31, 2014)

(BUSINESS WIRE) Lenovo Group (HKSE: 0992)(PINK SHEETS: LNVGY) today announ ... Read more »