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COURBEVOIE, France-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The supervisory board of IDEMIA has appointed Pierre Barrial as the new President & CEO of the Group, replacing Yann Delabrière who resumes his previous role as Chairman of the Board. Matthew Cole, who has joined the Group, has taken on Pierre Barrial’s previous position as head of the Secure Enterprise Transactions (SET) division.

Over the last 18 months, IDEMIA has restored its growth and cash generation performance after the creation and successful integration of IDEMIA. Yann, who became President & CEO on October 18th 2018, will now be returning to his role as Chairman of the Board with effect from July 1st, 2020, where he will continue to contribute his strategic and governance insights to the company.

Pierre Barrial will succeed Yann as the Group’s President & CEO. He brings over 25 years’ experience with multinational and multicultural tech companie ... Read more »

TOKYO-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Kioxia Holdings Corporation, the world leader in memory solutions, today announced the appointment of Michael R. Splinter as an independent director, effective immediately. Mr. Splinter is a 40-year veteran of the semiconductor industry and brings various business and technology experience that will help drive sustainable growth at Kioxia.

“We are excited to welcome Michael to our board during an important time as Kioxia continues to evolve as an independent company,” said Nobuo Hayasaka, representative director, president and CEO of Kioxia Holdings Corporation. “Michael’s unique combination of extensive knowledge of the semiconductor industry and leadership of large, complex organizations make him a great addition to an already deep and experienced board of directors. We look forward to his valuable perspectives as Kioxia enters its next phase of growth.”

Mr. Splinter ... Read more »

ZURICH -Wednesday 1 July 2020 [ AETOS Wire ]

– Hitachi ABB Power Grids joint venture starts operations

– ABB’s portfolio focused on industrial customers

– Net cash proceeds to be returned to shareholders as planned

(BUSINESS WIRE)-- ABB today reached a significant milestone in the company’s transformation towards a decentralized global technology company, with the completion of the divestment of 80.1 percent of its Power Grids business to Hitachi, as planned.

The divestment allows ABB to focus on key market trends and customer needs such as the electrification of transport and industry, automated manufacturing, digital solutions and increased sustainable productivity.

“Today’s announcement marks an important turning point in the history of ABB. Since announcing our intention to divest Power Grids to Hitachi, ABB has made significant progress in becoming a more customer-focused and simplified or ... Read more »

TOKYO-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Kioxia Holdings Corporation, the world leader in memory solutions, announced today that it expects to complete its acquisition of LITE-ON Technology Corporation’s Solid State Drive (SSD) business, Solid State Storage Technology Corporation and its affiliated companies on July 1, 2020. The company entered into a share purchase agreement on August 30, 2019 in connection with the acquisition. Both parties are now following the necessary procedures in order to close the transaction on July 1, 2020.

As the demand for SSDs continues to increase with rapid expansion expected in the coming years with the rise of digital transformation, this acquisition will allow Kioxia to strengthen its SSD business significantly and help meet the projected growth in demand.

“At Kioxia we are continuing to accelerate our focus on our SSD business, especially in the growing cloud computing arena,” said Nob ... Read more »

LUXEMBOURG-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Sisvel today announced that Nick Dudziak has joined the company as President of Sisvel US, Inc. and its US offices, where he will build upon and grow the company’s leadership in fostering innovation and managing intellectual property programs.

Dudziak is a seasoned IP business leader and deal-maker, having practiced in all dimensions of the patent industry, including IP strategy, licensing and sales transactions, litigation, and asset development and management. Dudziak will lead Sisvel’s US efforts in driving pro-innovation partnerships, programs, and transactions that ensure its existing and future partners are fairly and appropriately compensated for their inventions.

Prior to joining Sisvel, Dudziak was a partner at one of the world’s leading IP law firms and, most recently, the senior director of licensing & strategy at Via Licensing Corporation, a subsidiary of US a ... Read more »

Company cites ultra-responsive support model and savings that will be applied toward digital transformation initiatives

LAS VEGAS-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Airservices Australia, Australia’s air navigation service provider, has further extended the maintenance and support agreement for its mission-critical SAP platform with Rimini Street. The organization first switched to Rimini Street support in 2016 and has opted to continue to receive the Company’s ultra-responsive support model based on the ROI achieved to date, and the ability to divert significant ongoing annual support savings to enable innovation initiatives across their business.

Rimini Street Support Helps Transform Operat ... Read more »

Dole to make nutritious foods accessible for 1 billion people, and move towards zero fruit loss and zero fossil-based plastic packaging by 2025, as well as net zero carbon emissions by 2030SINGAPORE-Wednesday 1 July 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Dole Packaged Foods and Dole Asia Fresh, divisions of Dole Asia Holdings Pte. Ltd.. announced today “The Dole Promise,” which aims to increase access to sustainable nutrition, decrease food waste, plastics in packaging and carbon emissions and grow value for the company’s stakeholders, including farmers and shareholders.

 “The Dole Promise reflects the recognition that 'business as usual' is unacceptable in the face of a looming food crisis and the growing expectations of the next generation," said Pier Luigi Sigismondi, President of Dole Packaged Foods. “The impacts of the COVID-19 global pandemic could see 265 million additional people pushed to the brink of starvation ... Read more »