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Main » 2021 » August » 05

Equipped with Velodyne Puck™ Sensors, ANYbotics Robots Automate Industrial Inspections 

SAN JOSE, Calif.-Thursday 5 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced ANYbotics is equipping its autonomous mobile robots with Velodyne’s Puck™ lidar sensors. ANYbotics robots provide industrial operators with an automated robotic inspection solution to support efforts in monitoring and maintaining plants.

ANYbotics’ four-legged robot ANYmal performs inspection and monitoring tasks in challenging industrial terrains such as mining and minerals, oil and gas, chemicals, energy and construction. ANYmal’s legs provide unparalleled mobility when moving up and down stairs, climbing over obstacles, steps and gaps, and crawling into tight spaces. ANYmal’s inspection payload provides visual, thermal and acoustic insights for condition monitoring of equipment and infrastructure. E ... Read more »

Views: 11 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

SAN FRANCISCO-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global extends its reach into the Puerto Rican market with San Juan-based law firm Casillas, Santiago & Torres, LLC (CST Law).

Founded in 2011, CST Law is a full-service firm focusing on business and commercial law with capabilities in corporate, tax, commercial and employment law litigation, real estate, immigration, labor and employment law, employee benefits and government affairs. The firm covers a variety of industries such as retail, wholesale, real estate, manufacturing, tourism, financial services, technology, telecommunications and construction, providing legal services to a range of clients including major multinational companies.

“Our firm has built long-lasting relationships with our clients through our commitment to transparency and quality of work we provide,” said Managing Partner Luis L. Torres. “As our clients’ operations continue to e ... Read more »

Views: 19 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

This is Deel’s first acquisition since the company raised $156M Series C

SAN FRANCISCO-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Deel, the market leader in the global payroll and compliance space, announced today that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue to transform rapidly. Deel is adding a full line of products through this acquisition to improve their customer experience further and provide them with the right solutions to scale internationally.

Deel enables businesses to hire anyone, anywhere, in a compliant manner. With Deel, hiring and onboarding international employees or contractors takes under 5 minutes, with no local entity required. Businesses can also pay their teams in 120+ curre ... Read more »

Views: 15 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

DENVER -Thursday 5 August 2021 [ AETOS Wire ]

Business Unit Represents Approximately 7% of Company Revenue

Divestiture Will Support Western Union’s Strategic Focus on its Global Cross-Border Payments Platform and Digital Capabilities

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, together with Goldfinch Partners, LLC (“Goldfinch”), a private equity firm investing in businesses at the forefront of digital transformation, and The Baupost Group, LLC (“Baupost”), a $31 billion Boston-based investment firm, today announced that they have entered into a definitive agreement, under which a consortium of Goldfinch and Baupost will acquire Western Union Business Solutions for approximately $910 million in cash.

Western Union established Western Union Business Solutions following the acquisitions of Custom House in 2009 and Travelex Global Busines ... Read more »

Views: 15 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

ST. GALLEN, Switzerland -Thursday 5 August 2021 [ AETOS Wire ]

Net sales up 5.0% and EBITDA up 5.3% at constant exchange rates (CER), as patient access recovered in line with easing COVID-19 restrictions in key markets
Ferinject® / Injectafer® sales up 22.8% at CER ‒ strong recovery in Q2 in line with lockdown easing and better patient access to i.v. iron treatment
Nephrology ‒ major pipeline progress including regulatory submissions of avacopan and difelikefalin in Europe, as well as vadadustat by Akebia in the US
ESA portfolio performance impacted by COVID-19 and phasing
Veltassa® ‒ revised DIAMOND study and sustained commitment to evidence-based care in chronic kidney disease (CKD) and heart failure through multiple studies
Full year guidance confirmed ‒ at CER, net sales expected to grow at low-to-mid single-digit and EBITDA to grow at high single-digit rate.1
(BUSINESS WIRE)-- Regulatory News:

Vifor Pharma Group re ... Read more »

Views: 34 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

This test is the latest of several recent facial recognition tests that put IDEMIA at the top of the market and present its technology as obvious choice for passenger safety and passenger flow facilitation.


RESTON, Va.-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- IDEMIA, the global leader in augmented identity, announced today that the company ranked second for passenger identification in the latest testing by the National Institute of Standards (NIST), confirming that IDEMIA’s facial recognition technology and algorithms are among the most accurate, fair and consistent in market.

The test focuses on ‘Identification for Paperless Travel and Immigration’ and is part of the ongoing Facial Recognition Vendor Test (FRVT) managed by NIST. The exercise simulated departing flights, populating galleries with photos of 420 arriving travelers at the airport, then measuring accuracy by running searches of photos at departure. IDEMIA ... Read more »

Views: 14 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

New plant will become a regional production hub for the company’s adhesives business growth in Middle East and Africa

CAIRO-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- H.B. Fuller (NYSE: FUL), a leading global adhesive manufacturer, announced today a strategic investment to build a new facility in Cairo to support customers’ increased demand in the fast-growing markets of Egypt, Turkey, Middle East and Africa. The new factory will become a regional supply hub and a center of excellence for manufacturing for adhesives serving the hygiene, packaging, labelling, paper converting and graphic arts, among other industries.

 “Egypt has naturally become a main gateway to the region and with the new plant, we will extend our current leadership in Egypt and Turkey and grow our competitive position across the emerging markets of Middle East and Africa”, said Harsh Gupta, H.B. Fuller's managing director for India, Middle Eas ... Read more »

Views: 16 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

MOORESTOWN, N.J.-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- OPEX® Corporation, a leading provider of innovative warehouse automation solutions worldwide, has made enhancements to one of its most popular products to better meet warehouse customers’ needs.

First introduced in 2017, the Sure Sort® small-item robotic sorting system has revolutionized order fulfillment in e-commerce distribution centers worldwide due to its compact array of sort locations that can be scaled, sized, and customized in the small footprint of a single-pass put wall. Sure Sort quickly and accurately processes up to 2,400 items per hour with limited labor.

Sure Sort easily directs a wide range of items, including cylindrical, clear, plastic bagged and blister pack items less than five pounds each. It can handle items as small as two inches in length and width and can support products as large as 15 inches long, 12 inches wide, and 6 i ... Read more »

Views: 10 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

SUNNYVALE, Calif.-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful driving demonstration of its S3 Series LiDAR, a true solid state LiDAR sensor using an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing process for cost-effective, mass-market production.

The demonstration was conducted in partnership with Zero Electric Vehicle Inc. (ZEV), an innovative sustainable energy company that provides fleet electrification and EV platforms for companies looking to maximize their existing assets while transitioning to electric transportation.

For this test, a solid-state LiDAR test platform with single scanning beam was mounted on a vehicle, along with additional cameras to facilitate visual viewing. The test vehicle followed a target vehicle driving in brig ... Read more »

Views: 12 | Added by: africa-live | Date: 08.05.2021

Investment aims to support product innovation, user experience and go-to-market acceleration

 

WATERLOO, Ontario-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Today, DigitalEd announces a growth investment from PSG; a leading growth equity firm partnering with middle-market software and technology-enabled services companies. DigitalEd provides a SaaS-based digital learning platform called Möbius, focusing on science, technology, engineering and mathematics (STEM) education. PSG is DigitalEd’s sole outside investor. Financial terms were not disclosed.

DigitalEd was founded in 2018 with a simple and resonant mission - to shape the world through digital learning. DigitalEd provides individual learning, in a shared world, allowing students to acquire knowledge at a guided, self-defined pace. DigitalEd currently supports over 300 educational institutions worldwide, administering over 20 million tests and assignments, supporting onlin ... Read more »

Views: 15 | Added by: africanewsline | Date: 08.05.2021 | Comments (0)

Integrating Cloud-based Geoscientific Imagery Platform with Geology Data Management and Modeling Tools, Helping Solve Earth, Environment, and Energy Challenges

EXTON, Pa.-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Seequent business unit has acquired Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery. The acquisition will expand Seequent’s technology solutions portfolio while boosting cloud capabilities to help geoscientists and engineers solve earth, environment, and energy challenges.

Imago’s cloud-based platform enables the capture, cataloguing, and review of drilling core and chip images from any source, to support every aspect of the geological process from exploration to grade control. Continued development of Imago’s machine learning will lead to a step ... Read more »

Views: 12 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

DUBAI, UNITED ARAB EMIRATES.-Wednesday 4 August 2021 [ AETOS Wire ]

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised its clients on a successful exit of a senior lending transaction in the United States, achieving strong returns for investors.

The transaction was entered into in December 2018 as part of Arzan Wealth Real Estate Debt Platform which focuses on senior and mezzanine opportunities and is designed to respond to diverse market conditions, and to meet investors needs for a low risk profile and predictable cash flow stream.

This investment was designed as a 3-year senior secured loan to Bluejack National  (“Bluejack”), owner of a premier luxury-lifestyle community in Houston, USA. Bluejack includes the first Tiger Woods designed golf course in the United States.

Arzan Wealth acted as the Sub Stra ... Read more »

Views: 12 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

PARIS LA DÉFENSE -Wednesday 4 August 2021 [ AETOS Wire ]

Entry into exclusive negotiations with Hitachi Rail on the sale of “Ground Transportation Systems” business, for an enterprise value of € 1,660 million
Compelling valuation reflecting effective turnaround
Reinforcement of Thales's strategic focus on 3 long-term growth markets: Aerospace, Defense & Security, Digital Identity and Security, driving accelerated EBIT margin accretion and further deleveraging
Combined GTS and Hitachi Rail business to be positioned as a global leader in the rail signaling market
Employee representative bodies of both Thales and Hitachi Rail are being consulted on this project, which is also subject to usual closing conditions
(BUSINESS WIRE)-- Thales (Euronext Paris: HO) and Hitachi Rail announce today that they are entering into exclusive negotiations on the sale of Thales’s Ground Transportation Systems Global Business Unit (&ldqu ... Read more »

Views: 12 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

NEW YORK -Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Riskified Ltd. (“Riskified”), a fraud management platform enabling frictionless eCommerce, announced the closing of its initial public offering of 20,125,000 Class A ordinary shares on August 2, 2021, including the exercise in full by the underwriters of their option to purchase 2,625,000 additional shares of Class A ordinary shares, at a price of $21.00 per Class A ordinary share. The offering consisted of 19,925,000 Class A ordinary shares offered by Riskified and 200,000 Class A ordinary shares to be sold by one of Riskified’s existing shareholders. Riskified will not receive any proceeds from the sale of the shares by the selling shareholder. The gross proceeds to Riskified, before deducting underwriting discounts and commissions and offering expenses, were approximately $418 million. The Class A ordinary shares began trading on the New York Stock Exchange on July 29, 2021 under the tick ... Read more »

Views: 11 | Added by: africa-live | Date: 08.05.2021 | Comments (0)

Following the acquisition last month of its chief competitor, obilet.com foresees a massive surge in its online flight/bus ticket sales as the threat of Covid-19 recedes in the months and years ahead


ISTANBUL-Wednesday 4 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- obilet.com, Turkey’s premier online travel ticketing platform, is set to enjoy rapid growth in the wake of the Covid-19 pandemic. Having just acquired its arch-rival Biletall, Obilet is forecast to sell more than 20 million tickets in 2021 – up from 8 million in 2020 – and close out the year with $300 million GMV.

Thanks to its unique offerings and innovative business model, the Istanbul-based travel-tech firm is now poised to expand its geographic reach amid an expected post-Covid global recovery.

SaaS-Powered Business Model

Already known throughout the region for its enormously popular ticket-booking app, Obilet’s primary distinction lies in its SaaS ... Read more »

Views: 24 | Added by: africa-live | Date: 08.05.2021 | Comments (0)