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ZURICH-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns

    Focus of portfolio on digital industries through divestment of Power Grids
        Divestment of Power Grids to Hitachi expands existing partnership and strengthens Power Grids as a global infrastructure leader with enhanced access to markets and financing
        Enterprise Value of $11 billion for 100% of Power Grids, equivalent to an EV/op. EBITA multiple of 11.2x1
        Crystallizing value from the transformation of Power Grids including doubling operational EBITA margin since 20142
        ABB initially to retain 19.9 percent in the equity of carved-out Power Grids to ensure transition; pre-define ... Read more »

New AWS Europe (Stockholm) Region expands cloud pioneer’s global footprint and enables Nordic customers to run applications and store their content in data centers in Sweden

Tens of thousands of customers and APN partners across the Nordics – Denmark, Finland, Iceland, Norway, and Sweden – are actively using AWS, including Aktia Bank, Arriva, ASSA ABLOY, Bambora, Bonnier, Cargotec, Den Norske Bank, Finnair, Finnish Rail, Fortum, Husqvarna, Icelandair, IKEA, iZettle, LEO Innovation Lab, Nokia, Rovio, Scania, Schibsted, SOK, Stockmann Oyj, Supercell, Telenor, Telia, Tine SA, TopDanmark, Unibet, Vivino, Volvo, Wärtsilä, and many more

SEATTLE-Saturday 15 December 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN), today announced the opening of the AWS Europe (Stockholm) Region. With this launch, AWS now provides 60 Availability Zones across 20 infrastructure regions globally, with a ... Read more »

PARIS-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- As part of their continuing growth strategies, Prima Solutions and Effisoft announce their merger to create a global InsureTech company. This merger between Effisoft, the leading vendor of reinsurance and regulatory software solutions for insurance and reinsurance companies across the globe, and Prima Solutions, one of Europe’s leading software provider for Life, Health, and P&C insurance companies, will produce one of the largest and most comprehensive players in Europe, North America, and the Asia-Pacific region with cloud-based solutions covering all areas of the insurance market.

This merger, concluded on December 13, will enable both groups to accelerate their development in the P&C, health and personal protection insurance markets. This merger is part of an ambitious and coherent growth strategy: it completes Prima Solutions' and Effisoft's existing product range, diversifies ... Read more »

 – If Authorized in Europe, ADCETRIS in Combination with AVD (Adriamycin, Vinblastine and Dacarbazine) Will Be the First New Treatment Regimen Available for Adult Patients with Previously Untreated CD30+ Stage IV Hodgkin Lymphoma in Decades –

– Opinion Based on Positive Phase 3 ECHELON-1 Study Results, Which Demonstrated ADCETRIS Combination Improved Outcomes and Reduced the Need for Additional Treatment in Adult Patients Versus ABVD (Adriamycin, Bleomycin, Vinblastine and Dacarbazine), a Current Standard of Care –

CAMBRIDGE, Mass. & OSAKA, Japan-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Takeda Pharmaceutical Company Limited (TSE: 4502) today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion for the extension of the marketing authorization of ADCETRIS (brentuximab vedotin) and recommended its approval in combination with A ... Read more »

Under the Patronage of the Custodian of the Two Holy Mosques

Riyadh Saudi Arabia-Monday 17 December 2018 [ AETOS Wire ]

His Highness Prince Khalid Bin Abdul Aziz bin Ayyaf, Minister of National Guard and Chairman of the Supreme Committee of the National Festival of Heritage and Culture – Janadria, announced the launch of the 33rd Edition of the festival on Thursday under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz.

This was announced during a press conference held yesterday in Riyadh in the presence of the Special Envoy of the Indonesian President for the Middle East, Dr. Alwi Shihab, the Ambassador of the Republic of Indonesia in the Kingdom Agus Abi Jibril, the President of the Saudi Press Agency Abdullah Al Hussein and a crowd of representatives from the Saudi, Arab and international media.

Prince Khalid revealed that the coming edition will start with the annual camel race, the first nucleus of th ... Read more »

 Porsche GT4 Cup tested and approved telematics solution is available immediately to global OEMs

AMSTERDAM-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- To meet growing demand for secure, high performance IoT telematics solutions, Gemalto and GlobalmatiX, a fully owned subsidiary of Softing AG, have teamed up to deliver an innovative solution that excelled in the grueling Porsche GT4 Cup championship race. The Gemalto Cinterion LTE Cat. 1 IoT Module and a Gemalto eSIM delivered secure, reliable wireless connectivity for the GlobalmatiX Telematics Control Unit (xTCU) enabling continuous monitoring, communications and remote predictive maintenance. The solution is available immediately to global OEMs.

Gemalto-enabled telematics device is racecar tested and approved
Installed in a Porsche Cayman GT4 racecar, the Gemalto-enabled GlobalmatiX xTCU device was put to the test at Nürburgring racecourse, excelling under extreme cond ... Read more »

LONDON-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Arthur D. Little (ADL) today published a new research report highlighting the need for greater digitalization in the global telecoms industry. The TIME 2018 Flagship Report outlines the scale of the digital opportunity, with analysis estimating that a ‘digital dividend’ of over €200 billion free cash flow awaits telcos that can successfully transform.

Industry executives surveyed for the report confirm the findings. 73% say that digital will add value to their businesses, with key benefits including greater agility, increased subscriber growth and cost savings. CAPEX spending on areas such as 5G infrastructure and the Internet of Things is expected to require a 7% CAGR increase from 2017-2022, outpacing forecast revenue growth. Consequently, failing to digitally transform risks commoditization and disintermediation, leaving telcos unable to invest sufficiently. As one senior executive pu ... Read more »

LONDON-Monday 17 December 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Arthur D. Little (ADL) today released its worldwide automotive market report. Key findings are that desire for car ownership remains strong, especially amongst the young, and that drivers are considering a dramatic switch to electric and hybrid vehicles (EVs). This will impact manufacturer and supplier engine strategies and push for faster development of EV ecosystems, such as charging solutions.

Drivers are now much more willing to embrace alternative drivetrains. 58% would accept paying more for hybrids, and 50% for EVs. While the majority have petrol or diesel-engined vehicles, this could change rapidly. Of those planning to replace their car, 48% said they’d consider an EV (BEV, hybrid or plugin hybrid), 36% a petrol-engined vehicle and 12% diesel.

Klaus Schmitz, Partner with Arthur D. Little explains: “Extending our groundbreaking 2015 automotive study shows enormous changes. Whi ... Read more »

Ras Al Khaimah, United Arab Emirates-Monday 17 December 2018 [ AETOS Wire ]

This New Year’s Eve, Ras Al Khaimah is the place to be as the Emirate readies to host the most spectacular celebration with a 12-minute fireworks display - the bid for a new Guinness World Record display - and an array of family-oriented activities.

Marjan, Ras Al Khaimah’s master-developer of freehold projects, will manage the show to mark 2019 with a glittering array of activities that will entertain all at its flagship development, Al Marjan Island. With three additional viewing areas around Al Marjan Island, New Year’s Eve in Ras Al Khaimah has fun and thrills in store for local and international visitors.

Abdulla Al Abdouli, Managing Director & CEO of Marjan, said: “This year, we are offering exciting family activities that will delight all in the run-up to the amazing fireworks display that aims to set a new Guinness World Record. The event wil ... Read more »

Under the Patronage of the Custodian of the Two Holy Mosques

Riyadh, Saudi Arabia, -Thursday 13 December 2018 [ AETOS Wire ]

With the support and under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, the 33rd Edition of the National Festival of Heritage and Culture will be held in Janadria for 21 days from Thursday 20th December 2018 to Wednesday 9th January 2019. Organized by the Saudi Ministry of National Guard, the festival is part of the efforts to intensify attention for Saudi heritage, expose it regionally and globally and to promote dialogue among cultures and civilizations on the level of people and nations.

Janadria is the largest Saudi cultural festival that simulates the history, present and future of Saudi Arabia and the largest event of its kind in the region. Since 1985, it has witnessed extensive Saudi participation, a growing Arab and Gulf presence and an unprecedented public presence. The festival annually at ... Read more »