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Shared Approach Aims to Bring Applications Closer to End-Users and Enable the Implementation of Innovative Enterprise Services

LONDON-Monday 2 March 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Leading operators; China Unicom, Deutsche Telekom, EE, KDDI, Orange, Singtel, SK Telecom, Telefonica and TIM have joined forces, with the support of the GSMA, to develop an interoperable platform to make edge compute capabilities widely and easily available.

The platform to be developed in 2020, will make local operator assets and capabilities, such as latency, compute and storage available to application developers and software vendors enabling them to fulfil the needs of enterprise clients.

Operators have agreed to work together to develop an Edge Compute architectural framework and reference platform, and the GSMA has launched an Operator Platform Project to support this exciting operator initiative. Initially, the platform will be deployed across multiple ... Read more »

LAUSANNE, Switzerland -Monday 2 March 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today that Emmanuel Babeau has been appointed Chief Financial Officer, replacing Martin King. King will be taking on a new role as CEO, PMI America, a newly created function. Reporting to global CEO André Calantzopoulos, King will coordinate both international services based in the U.S. and all U.S. representation, including PMI’s relationship with Altria, which is commercializing IQOS in the American market.

Emmanuel Babeau will join PMI on May 1, 2020 from Schneider Electric, where he served most recently as Deputy CEO in charge of Finance and Legal Affairs. A native of France and graduate of ESCP Business School, he has spent nearly three decades leading fundamental change across industries.

“PMI is undergoing a period of intensive change as we transition away from cigarettes to our science-based smoke-free pro ... Read more »

Veteran Payments Executive and Fintech Advisor to Support Rapid Global Growth of i2c

REDWOOD CITY, Calif.-Monday 2 March 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- i2c Inc., a leading provider of payment and open banking technology, today announced the appointment of Jim McCarthy as President of the company. Reporting to i2c CEO and founder Amir Wain, McCarthy is responsible for i2c teams working with clients, partners and prospects. He is based at i2c headquarters in Silicon Valley.

McCarthy is an industry veteran with over 20 years of experience in financial services across all stakeholders in the payments and open banking industries. Most recently, he has served as a strategic consultant and advisor to many Silicon Valley fintech startups.

At Visa, where McCarthy worked for eighteen years, he held senior positions in sales, risk and authentication, consumer credit, digital products, product innovation and payments. During his last position as Visa&rsqu ... Read more »

 Company to explore the creation of pure-play market verticals through the potential separation of its data business within SES

‘Simplify and Amplify’ will drive focus on company’s core strengths, simplify its operations and facilitate innovation for future growth

LUXEMBOURG-Monday 2 March 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- SES is launching a comprehensive programme to position itself for future growth and deliver maximum value to current and future customers and stakeholders.

The programme, called Simplify and Amplify and executed throughout 2020, comprises a series of strategic actions to enable SES to best deliver against its declared purpose of doing the extraordinary in space to deliver amazing experiences everywhere on Earth. It is the next phase in a process that began in 2017 when SES first established distinct units for its video and data businesses.

SES sees enormous opportunities in its core markets given ... Read more »

ZURICH-Monday 2 March 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- ABB has completed its divestment of its solar inverter business to the Italian company FIMER SpA. The transaction enables ABB’s Electrification business to improve the focus of its business portfolio on priority growth markets and enhance business opportunities for the solar inverter business under FIMER.

Tarak Mehta, President of ABB's Electrification business, said: “The completion of this divestment is another step forward in our strategy of systematic portfolio management. It strengthens our competitiveness and allows us to focus on other growth segments. ABB will continue to integrate solar power into a range of solutions for smart buildings, energy storage and electric vehicle charging throughout intelligent low- and medium-voltage offering.”

ABB’s solar inverter business employs around 800 people in more than 30 countries, with manufacturing and R&D sites locat ... Read more »