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Main » 2019 » March » 02

PARIS LA DÉFENSE -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Regulatory News:

Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”), the publication of the Offer Document, and the joint press release of Thales and Gemalto dated 10 August 2018 in relation to the further extension of the Acceptance Period. Terms not defined in this press release will have the meaning as set forth in the Offer Document.

As announced by the United States Department of Justice (“DoJ”), Thales and Gemalto confirm today that they have reached an agreement with the Antitrust Division of the DoJ that will allow the companies to proceed with the Offer.

Consistent with commitments already made to the European Commission an ... Read more »

Views: 19 | Added by: africa-live | Date: 03.02.2019 | Comments (0)

SAN JOSE, Calif. -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Lumileds today announced the appointment of Dr. Jonathan Rich as Chief Executive Officer. Dr. Rich most recently served as Chairman and CEO of Berry Global, Inc., a Fortune 500 specialty materials and consumer packaging company, from 2010 to 2018. Dr. Rich succeeds Mark Adams, who is stepping down as CEO and from the board of directors but will remain in an advisory role to the company.

“I am very pleased to be joining Lumileds and am looking forward to building on the company’s differentiated lighting technology foundation to increase the value we can deliver to customers across a broad set of industries,” said Dr. Rich. “The opportunity for lighting innovation to make a positive impact on safety and sustainability is tremendous.”

Before Dr. Rich held the position of Chairman and CEO of Berry Global, he was president and CEO at Momentive, a specialty chemical ... Read more »

Views: 28 | Added by: africa-live | Date: 03.02.2019 | Comments (0)

ISTANBUL -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- P.I. Works, the leading provider of automated network planning, management and optimization solutions, has announced the successful deployment of its automated mMIMO (Massive MIMO) management solution to Turkcell’s network. The project comes as an extension of the centralized SON contract (Self Organizing Networks) with Turkcell and is a major milestone in the densification of Turkcell’s network and its transition to 5G.

P.I. Works has been a long-standing network automation partner of Turkcell. P.I. Works and Turkcell have successfully completed the largest Centralized SON project worldwide in terms of the number of modules deployed, which has also been recognized with an award at the “Self-Organizing Networks World.”

Now, both companies took a major step that will expedite Turkcell’s network densification efforts and ensure the delivery of ultra high speed experienc ... Read more »

Views: 19 | Added by: africanewsline | Date: 03.02.2019 | Comments (0)

PARIS -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Capgemini will enter into a new partnership agreement with IDEMIA, the global leader in Augmented Identity, aiming to introduce a secure Internet of Things (IoT) device management platform which reinforces secure connectivity for a vast array of devices and data. This agreement is a step towards meeting the ever-growing need for the connectivity and security of smart objects.

Even though cybercrime costs have quadrupled between 2015 and 20191, IOT will create more opportunities for many industries. Given this context, for IoT to be more scalable and trustworthy for clients and end users, connectivity capabilities and security need to be increased.

Backed by Capgemini and IDEMIA’s expertise, the joint platform intends to bring to smart devices much needed security and connectivity while simplifying the device on-boarding, configuration and integration with existing customer back-end systems. For ... Read more »

Views: 20 | Added by: africa-live | Date: 03.02.2019 | Comments (0)

NEW YORK -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, will host an investor day today in New York City. The meeting will begin promptly at 8:30 am Eastern Time and is expected to conclude at approximately 12:30 pm Eastern Time. The event will include a discussion of the Company’s strategy and financial performance, feature presentations from MSCI’s management team and showcase important aspects of the business.

In connection with the event, MSCI is reaffirming its 2019 financial guidance as provided on January 31, 2019. Additionally, MSCI is updating its long-term company targets including the following highlights:

Low double-digit revenue growth (excluding asset-based fees).
Mid-teens adjusted EBITDA growth.
Mid-to-high 50s adjusted EBITDA margin rate.
Attendance in-person is by i ... Read more »

Views: 24 | Added by: africanewsline | Date: 03.02.2019 | Comments (0)

LONDON -Friday 1 March 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of indexes, portfolio analytics, and services for global investors, announced today that it will increase the weight of China A shares in the MSCI Indexes by increasing the inclusion factor from 5% to 20% in three steps. This decision follows an extensive global consultation with a large number of international institutional investors, including asset owners, asset managers, broker/dealers and other market participants worldwide. The proposal to increase the weight of China A shares garnered overwhelming support from investors.

“Stock Connect has proven to be a robust channel to access A shares. The successful implementation of the initial 5% inclusion of China A shares has been a positive experience for international institutional investors and has fostered their appetite to increase further their exposure to the mainland China equity market,” said Rem ... Read more »

Views: 18 | Added by: africa-live | Date: 03.02.2019 | Comments (0)