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SAN DIEGO - Wednesday, 16. October 2024

(BUSINESS WIRE) -- Bridgepoint, one of the world's leading quoted private asset growth investors, and Kyriba, the global leader in liquidity performance, today announced that Bridgepoint will reinvest in Kyriba following a period of record growth for the business and will remain the majority shareholder. In addition, Bridgepoint and Kyriba will welcome a new minority investor, General Atlantic, a leading global growth investor.

The transaction, which values the company at over $3 billion, is expected to close in Q4 2024, and financial terms beyond this were not disclosed.

Following five years of support from Bridgepoint, Kyriba has grown substantially in this period, tripling its software revenue and evolving from a pioneer in treasury management to the leader in liquidity performance solutions. Today, Kyriba serves close to 3,000 customers in 170 countries.

With a significant investment from its latest flag ... Read more »

AMSTERDAM & KYIV, Ukraine - Wednesday, 16. October 2024 AETOSWire Print 

(BUSINESS WIRE)--NEQSOL Holding, a global investment group managing diverse businesses across 11 countries from headquarters in Amsterdam, Baku, and Kyiv, is currently in the process of acquiring the United Mining and Chemical Company JSC (UMCC) – one of the largest titanium ore raw material producers in the world.

Cemin Ukraine, a company part of NEQSOL Holding, is in the process of purchasing 100% of the shares of the state-owned United Mining and Chemical Company following an auction for the company’s privatization. The privatization deal was approved by the Cabinet of Ministers of Ukraine and is now subject to further regulatory approval.

United Mining and Chemical Company JSC is among the top ten producers and processors of titanium and zirconium ore concentrates in the world. In 2020, the company record ... Read more »

MUNICH - 
Big vs. small in European cities: 70% of urban road deaths involve pedestrians, cyclists, or motorcyclists.
One-third of accidents between trucks and pedestrians or cyclists could be avoided with existing technology.
“We need a new seat belt” – Allianz proposes measures to get closer to Vision Zero
 

(BUSINESS WIRE)--At the 12th Allianz Motor Day, Allianz called for better protection for pedestrians and cyclists in cities and made concrete demands to politicians, car manufacturers, and fleet operators. Considering the persistently high number of road deaths in Europe, Klaus-Peter Roehler, member of the Board of Allianz SE, called for improved safety equipment, especially for vans and trucks, at the Allianz Center for Technology (AZT) in Ismaning: “We’re seeing rapid progress in almost all areas of technology, so why are we failing to better protect life on the roads? This is an unacceptable trajectory. ... Read more »

Alzheimer’s Intelligence project demonstrates how smarter AI can empower people and give different communities a voice around future innovation

(BUSINESS WIRE) -- Today at Lenovo Tech World, Lenovo™ in collaboration with Innovations in Dementia, launched Alzheimer’s Intelligence, a photorealistic 3D avatar with custom AI based on the lived experiences of people with dementia and Alzheimer’s. This proof-of-concept project gives people and families navigating a diagnosis of dementia 24-hour access to a conversational avatar that offers curated advice that prioritizes accuracy, privacy, and compassion.

“Globally there are around 55 million people living with dementia, and that number is expected to reach 139 million by 2050,” said Dr. David Llewellyn, Professor of Clinical Epidemiology and Digital Health. "The AI advancements in Lenovo's 'Alzheimer’s Intelligence' initiative demonstrate how technology has the po ... Read more »

 (BUSINESS WIRE) -- Building on the theme, ‘Make the impossible, possible’, Manhattan Associates (NASDAQ: MANH) today opened its annual EMEA Exchange event to an audience of more than 350 customers and press, with keynotes that introduced the European market to  ... Read more »

 Acquisition strengthens Regnology’s regulatory capital, customer reserve and portfolio margin calculation capabilities for US broker-dealers

(BUSINESS WIRE) -- Regnology, a leading software provider focused on regulatory reporting solutions, is pleased to announce the acquisition of CG3-1, a firm specializing in regulatory calculations for the USA broker-dealer market.

This strategic acquisition marks another milestone for Regnology as it further expands its footprint in the US with dedicated solutions for broker-dealers, covering regulatory capital, customer reserve, and portfolio margin requirements.

Established in 2018, CG3-1 has quickly become a household name for US broker-dealers looking to comply with regulatory requirements such as SEA 15c3-1, SEA 15c3-3, and FINRA Rule 4210.

The acquisition also presents substantial opportunities for CG3-1 to elevate its offerings. By leveraging Re ... Read more »

 (BUSINESS WIRE) -- Alpega, a global leader in logistics SaaS software, has launched Connecta, an open network designed to revolutionize logistics connectivity. Connecta unites shippers, carriers, logistics service providers (LSPs), and freight forwarders in a centralized solution to collaborate, connect, and explore new business opportunities. As Europe’s first fully open logistics network, Connecta provides a seamless solution for professionals to showcase their services and grow their businesses. Think of it as the LinkedIn for logistics—a space where industry players can engage and expand their operations.

Connecta stands out from fragmented solutions and closed private networks by offering free access to a vast pool of 85,000 verified carriers and load posters, catering to businesses of all sizes. Powered by Alpega’s Digital Transport Platform, Connecta provides access to real-time insights, spot bid ... Read more »

READING, England - Tuesday, 15. October 2024 AETOSWire 

(BUSINESS WIRE)--Manhattan Associates Inc. (NASDAQ: MANH) today announced that Yusen Logistics Co. Ltd, one of the largest global supply chain logistics companies, has selected Manhattan Active® Warehouse Management to be implemented at its new, state-of-the-art distribution centre in the UK. The opening of the Northampton facility, expected to take place in January 2026, underlines Yusen Logistics commitment to improving performance and efficiency using cutting-edge distribution technology.

Established in 1955, Yusen Logistics is part of the Japan-based Nippon Yusen Kabushiki Kaisha group, also known as NYK. One of the oldest and largest shipping companies in the world, Yusen provides ocean and air freight forwarding, warehousing, distribution services, and supply chain management from more than 650 locations and nearly 3.4 million square meters of warehouse space across 46 countries.

“Ou ... Read more »

GREENWICH, Conn. - Wednesday, 16. October 2024

Investors in the UAE and GCC Benefit from IBKR’s Global Trading Expertise

(BUSINESS WIRE) -- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the opening of a new office in Dubai International Financial Center (DIFC). Through this new office, Interactive Brokers will establish its presence in the Middle East, complementing its existing strategy of providing global clients with a cost-effective brokerage service that easily facilitates access to global markets trading. Active traders, high-net-worth investors, and a range of wealth management institutions, including local banks, hedge funds and family offices in the region, can take advantage of Interactive Brokers’ powerful trading technology and tools, competitive pricing, and a broad selection of investment products.

The financial services industry continues to grow in the UAE and throughout the GCC region a ... Read more »

 As a high-end intelligent electric vehicle brand from China, AITO combines Traditional Luxury with Technological Luxury to provide leading intelligent mobility experiences to consumers worldwide. The "Eurasian Tour with AITO" convoy, featuring the AITO 9, AITO 7, and AITO 5, completed a 38-day journey covering around 15,000 kilometers from Chongqing to Paris, demonstra ... Read more »

 

 

• Agreement covers FIFA World Cup 2026™ and FIFA Women’s World Cup 2027™ and was revealed on stage at Lenovo’s annual Tech World innovation event
• Lenovo to provide FIFA technology – from AI (Artificial Intelligence) innovation to devices and data center infrastructure – to enhance fan experiences and global broadcasts
• Lenovo and FIFA to leverage technology and innovation to grow the game globally

 

(BUSINESS WIRE) -- At Lenovo’s annual Tech World innovation event, Lenovo and FIFA have revealed the multinational company as Official FIFA Technology Partner – FIFA’s top tier sponsorship category – in a deal that includes ... Read more »

MUNICH - Wednesday, 16. October 2024 AETOSWire  

IQM will deliver two advanced Radiance quantum computers: a 54-qubit system in the second half of 2025, followed by a 150-qubit system at the end of 2026.
EuroHPC Joint Undertaking (JU) owns the hybrid system named Euro-Q-Exa, which will be integrated into the high-performance computing infrastructure at the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences and Humanities in Garching.
Euro-Q-Exa is part of a European supercomputing infrastructure that will be accelerated by various quantum technologies and made accessible to the European research community.
Euro-Q-Exa is jointly funded by the EuroHPC JU, the German Federal Ministry of Education and Research (BMBF) and the Bavarian State Ministry of Sciences and the Arts (StWK).
(BUSINESS WIRE)--The EuroHPC Joint Undertaking (EuroHPC JU) has signed a purchase agreement with IQM Quantum Computers (IQM), a global leader in ... Read more »

 

New capability elevates user experience with mobile connectivity over satellite network and enhanced 5G Slicing experience.

 

(BUSINESS WIRE)--Motive:

Direct-to-Cell Satellite Connectivity

Motive Software Systems Inc, the market leader in entitlement services, has announced support for Direct-to-Cell satellite connectivity for mobile operators. This feature rollout by Motive will make it easier for mobile operators to offer services for remote areas.

Many still lack mobile and internet access in remote areas globally; 570 million people, or 8.7% of adults, live outside or on the edge of network coverage. Satellite connectivity also supports businesses relying on Internet of Things (IoT) with seamless internet access, without the need for new hardware or special chipset. Conventional mobile networks face fundamental economic and geographic challenges in extending their reach to these individuals and businesses.

 

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