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• The all-cash public tender offer announced on August 1, 2016, by TDK’s subsidiary EPCOS to acquire all publicly-held shares of Tronics has been successful. 

• EPCOS has acquired 72.38% of the outstanding shares at a price of EUR 13.20 per share, and has thus exceeded the defined 65.41%1 success threshold for its offer. The settlement of the tender offer will occur on December 27, 2016. 

• Through the acquisition of Tronics, TDK broadens its portfolio of cutting-edge sensor technologies and strengthens its basis for faster growth in the strategic field of sensors. 

• Thales Avionics will remain a strategic shareholder of Tronics. After the closing of the successful offer, Thales Avionics and EPCOS will enter into a shareholders’ agreement. 

• The tender offer will automatically reopen in the beginning of January 2017 for a period of 10 trading days.

 

TOKYO & CROLLES, F ... Read more »

Views: 172 | Added by: uaeonlinenews | Date: 12.21.2016 | Comments (0)

 England, United Kingdom. - Wednesday, December 21st 2016 [ME NewsWire]

Soaps and Chemicals Industrial and Trading Co. (SCITRA) was recognized in the New Aerosol of the Year and Sustainability Award Category. The panel of the industry experts described the product a “holistic approach to refill cooking, the product considers the entire process in making and using the product”. The product was recognized as it over comes modern day challenges to not only provide greener environmentally friendly solutions but also to support improved safety.

The combinations of Scitra’s many years of experience in Aerosol manufacturing and Eco-burner zero fuel waste, fully recyclable butane, propane filled product ensures that Eco-burner Chafo’s range of products can be refilled in a safe, convenient, environmentally sustainable and cost effective manner.

“The Eco-burner concept together with the aerosol can refill has been independently teste ... Read more »

Views: 163 | Added by: africa-live | Date: 12.21.2016 | Comments (0)

 The first oral treatment in 25 years for patients in Japan with these diseases 

SUMMIT, N.J. - Tuesday, December 20th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Celgene Corporation (NASDAQ:CELG) today announced that OTEZLA® (apremilast), Celgene’s oral selective inhibitor of phosphodiesterase 4 (PDE4), has been granted full marketing authorization by Japan’s Ministry of Health, Labor and Welfare (MHLW) for the treatment of adult patients with plaque psoriasis with an inadequate response to topical therapies, as well as adult patients with psoriatic arthritis.

“The approval of the first oral treatment in 25 years for psoriasis is good news. OTEZLA® has a novel mechanism of action, is well tolerated and does not require monitoring before administration. We are pleased that OTEZLA® presents a new treatment option for patients,” said Mamitaro Ohtsuki, M.D., Ph.D., Professor and Chairman, Department of Dermatology, Jichi Me ... Read more »

Views: 211 | Added by: uaeonlinenews | Date: 12.21.2016 | Comments (0)

• World’s largest megawatt PEM electrolyzer deal

• Electrolyzers to provide green hydrogen for fuel cell bus fueling in China

• 3 systems released for shipment; balance to ship over next 18 months

WALLINGFORD, Conn. & FOSHAN, China & YUNFU, China - Wednesday, December 21st 2016 [ME NewsWire]

(BUSINESS WIRE)-- On December 3, 2016 in Shanghai, China, Proton OnSite (“Proton”) signed a contract with Guangdong Synergy Hydrogen Power Technology Co., Ltd. (“Synergy”), to provide megawatt-scale Proton Exchange Membrane (PEM) electrolyzers for the deployment of fuel cell-powered buses in the cities of Foshan and Yunfu, China.

Three of the megawatt systems will ship this summer, and an additional ten systems are planned to ship over the next 18 months, with the opportunity for significant recurring systems to follow. The agreement names Proton as the exclusive supplier of electrolyzers to Synergy and ... Read more »

Views: 149 | Added by: africa-live | Date: 12.21.2016 | Comments (0)

DALLAS - Tuesday, December 20th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Advanced Integration Technology (“AIT”) announced today that it has agreed to acquire KUKA Systems Aerospace North America (“KUKA Aero”), as recently reorganized, in a carve-out transaction conducted by KUKA Systems North America LLC.

Based in Clinton Township, MI, KUKA Aero is the market-leading integrator of new robotic technologies used in aerospace assembly and a provider of flexible automation solutions and engineering to the aerospace industry. KUKA Aero’s core executive team will remain intact, led by Group Vice President Robert Reno.

“Bob and his team have helped define the state-of-the-art in aerospace automation and built a wonderful company from a standing start 10 years ago, bringing KUKA’s pioneering automation solutions to the aerospace industry,” said AIT Chairman and CEO Ed Chalupa. “Their expertise in robotic solutions is ... Read more »

Views: 152 | Added by: uaeonlinenews | Date: 12.21.2016

Satellite technology offers solutions to the digital divide

LUXEMBOURG - Tuesday, December 20th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) offers innovative solutions to meet global development goals. Internet access is the key to tackling global challenges related to health and education as well as civic and economic empowerment. SES is providing the solution with a global fleet of satellites and innovative applications, as described in its new White Paper “E-inclusion: Satellites are the Answer”.

 “Internet access has the power to rapidly transform quality of life,” the White Paper states. “In an emergency, connectivity can make the difference between life and death. Connecting a hospital gives it the power to call on the wealth of the world’s medical knowledge. Connecting schools brings quality learning material to children regardless of where they live. Connecting key events lik ... Read more »

Views: 214 | Added by: africa-live | Date: 12.20.2016 | Comments (0)

Tohoku Electric Power Company project to evaluate hydrogen in overcoming fluctuations from renewables

TOKYO - Monday, December 19th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO: 6502), an innovator in solutions for the hydrogen economy, will support a two-year study of power management to be done by Tohoku Electric Power Co., through its H2One™, hydrogen based autonomous energy supply system.

Growing interest in bringing renewable power sources into the electricity grid is accompanied by concerns for the quality and variability of the supply; renewables are subject to fluctuations in output. Various solutions are being investigated, and Tohoku Electric decided to use Toshiba’s H2One™ starting March 2017.

“We are very excited to be involved in this project,” said Mr. Hiroyuki Ota, General Manager of Toshiba's Energy Systems & Solutions Company. “A best mix of power sources will contribute t ... Read more »

Views: 344 | Added by: uaeonlinenews | Date: 12.20.2016 | Comments (0)

ABU DHABI, United Arab Emirates - Tuesday, December 20th 2016 [ME NewsWire]

Khalifa University, organizers of the Mohamed Bin Zayed International Robotics Challenge (MBZIRC), have announced that the competition will take place from March 16 – 18, 2017 at the Yas Marina Circuit in Abu Dhabi, United Arab Emirates.

The contest will inevitably take up a large area of the circuit since it will consist of three challenges and a triathlon type Grand Challenge. Challenge 1 will require teams to use an Unmanned Aerial Vehicle (UAV) to locate, track and land on a moving vehicle. This means that the UAV must be capable of locating the moving vehicle, navigating the path and speed of the vehicle and land on the target location while the vehicle is in motion.

Challenge 2 requires an Unmanned Ground Vehicle (UGV) to locate and reach a panel and physically operate a valve stem on it. It will require a UGV capable of navigating the path and locating the panel, identify ... Read more »

Views: 176 | Added by: uaeonlinenews | Date: 12.20.2016 | Comments (0)

SES, POST and Chamber of Commerce partner with the Luxembourg Ministry of the Economy / Under the Expo’s theme “Connecting Minds, Creating the Future”, the Grand Duchy will explore the topic “Resourceful Luxembourg”

LUXEMBOURG - Monday, December 19th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announced today that it will support Luxembourg’s presence at Expo 2020 in Dubai. The world exhibition with the overall theme “Connecting Minds, Creating the Future” will take place between October 2020 and April 2021 in the United Arab Emirates. Its main theme will be developed through three spheres: Opportunity, Mobility and Sustainability. Focusing on Luxembourg’s strengths in economic and technological innovation and diversification, Luxembourg’s pavilion will explore the key topic “Resourceful Luxembourg”.

SES supports the Grand Duchy and the Luxembourg Minis ... Read more »

Views: 164 | Added by: uaeonlinenews | Date: 12.20.2016

BEIRUT, Lebanon - Tuesday, December 20th 2016 [ME NewsWire]
Following the success of its previous private equity funds, EuroMena announces the second and final closing of its third fund EuroMena III for a total consideration of $150 million. The Fund is also pleased to announce that it held the first advisory committee meeting of EuroMena III in London in the headquarters of one of its major Limited Partners, the CDC Group.
The successful closing of a third fund for a total consideration of $150 million in the region is a clear demonstration of the Fund Management Team’s ability to create value for its shareholders. EuroMena attracted first-time international investors to its third fund such as the International Finance Corporation (IFC), the German Investment and Development Corporation (DEG), and the UK’s Development Finance Institution (CDC Group) in addition to third and second time investors such as the European Investment Bank (EIB) and the French Publi ... Read more »

Views: 147 | Added by: uaeonlinenews | Date: 12.20.2016 | Comments (0)

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