AETOS Wire Latest Press Releases from AETOS Wire http://www.aetoswire.com/rss.php?read Sun, 11 Apr 2021 16:27:55 +0100 FeedCreator 1.7.2 EIG Signs $12.4 Billion Infrastructure Deal with Aramco http://www.aetoswire.com//news/13448/en (BUSINESS WIRE) -- EIG, a leading institutional investor to the global energy sector and one of the world's leading infrastructure investors, today announced that it has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. ("Aramco"), under which a consortium of investors led by EIG will acquire a 49% equity stake in Aramco Oil Pipelines Company (“Aramco Oil Pipelines”), a newly formed entity with rights to 25-years of tariff payments for oil transported through Aramco's stabilized crude oil pipeline network. The transaction is valued at approximately $12.4 billion with Aramco holding the remaining 51% stake in the new entity, indicating a total equity value of Aramco Oil Pipelines of approximately $25.3 billion. The pipeline network, which includes all of Aramco's existing and future stabilized crude pipelines in the Kingdom of Saudi Arabia, connects oilfields to downstream networks. The pipeline network transports 100% of Aramco's crude oil produced in the Kingdom under its Concession Agreement. ... info@me-newswire.com Sat, 10 Apr 2021 06:56:11 +0100 Comment by the Chair of Toshiba's Board on the Acquisition Proposal http://www.aetoswire.com//news/13447/en (BUSINESS WIRE)-- Osamu Nagayama, Chairperson of the Board of Directors of Toshiba Corporation (TOKYO:6502) has commented on the acquisition proposal from CVC Capital Partners as below. As announced in the public statement dated April 7th, Toshiba has received a preliminary and non-legally binding initial proposal from CVC Capital Partners (CVC) regarding the acquisition of Toshiba and to get the same privatized. This initial proposal by CVC was completely unsolicited and not initiated by Toshiba by all means. The proposal does not go through detailed review of Toshiba business. Further, CVC's initial proposal is conditional on a variety of matters such as clearances of the Anti-trust registrations of the relevant jurisdictions, the Foreign Exchange and Foreign Trade Act of Japan and necessary financing. Furthermore, the proposed transaction is not contemplated to be financed by CVC alone; rather, it is indicated in CVC's proposal that it would seek financing assistance from certain co-investors and financial institutions in pursuing the proposed transaction. ... info@me-newswire.com Fri, 09 Apr 2021 11:02:46 +0100 Northern Data sells Texas data center operations to Riot Blockchain Inc. ... http://www.aetoswire.com//news/13446/en Due to strong, profitable growth of remaining six sites within Northern Data's multi-site strategy, operational EBITDA guidance for fiscal year 2021 remains unchanged Additional eight new highly efficient locations in development worldwide All newly developed sites are entirely based on renewable energy sources (BUSINESS WIRE)-- Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading developer and operator of High-Performance-Computing ("HPC") infrastructure solutions, sells its U.S. subsidiary Whinstone Inc., which operates a high-performance data center facility based in Rockdale, Texas, to Riot Blockchain Inc. (NASDAQ: "RIOT"), one of the largest U.S. based publicly-traded bitcoin miners in North America. The consideration in the transaction consists of EUR 67 million in cash component (cash and debt-free) and 11.8 million shares of common stock of Riot Blockchain Inc., which, based on the Riot Blockchain Inc. last closing share price (record date April 7, 2021: USD 48.37), corresponds to a total value of EUR 481 million. Consequently, the total volume of the transaction amounts to approximately EUR 548 million. ... info@me-newswire.com Fri, 09 Apr 2021 09:54:54 +0100 Skyhook to Provide Enhanced Location Services for Microsoft Products and Services http://www.aetoswire.com//news/13445/en (BUSINESS WIRE)-- Skyhook announces that it has entered into a strategic collaboration agreement with Microsoft. Under the agreement, Skyhook's Precision Location solutions will now be utilized by Microsoft to augment and improve the delivery of geolocation services to Microsoft products and services. Skyhook offers a global hybrid positioning service called the Precision Location solution that combines Wi-Fi, cell, GPS, IP address and other location information to provide accurate, available and efficient location positioning services around the world. The deal enables Microsoft to use Skyhook's solution to provide customers with accurate and user-controlled location-based experiences in Microsoft products and services. Leveraging Skyhook's Precision Location services will provide Microsoft with network-based Wi-Fi and Cellular positioning. “Skyhook's Precision Location solution is a leading independent positioning service,” said Craig Waggy, CEO, Skyhook. “We are proud to support Microsoft through the delivery of superior location services. ... info@me-newswire.com Fri, 09 Apr 2021 09:29:09 +0100 Zynga Launches Modern Match-3 Mobile Game Puzzle Combat http://www.aetoswire.com//news/13444/en (BUSINESS WIRE)-- Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced the worldwide launch of Puzzle Combat, a new mobile match-3 action role-playing game (RPG) where players recruit heroes, build bases and compete in player-vs-player (PvP) battles in a zombie-themed setting. Puzzle Combat is developed by Helsinki-based Small Giant Games, a subsidiary of Zynga Inc. and the studio behind the hit game Empires & Puzzles. In Puzzle Combat, players will immerse themselves in battling enemies from the dangerous Dread Army with power-ups by creating unique match combinations. Players recruit spies, medics, demolition experts and more to fight on their side, each bringing unique special attacks to the fray. Players will also design impenetrable bases by constructing and upgrading buildings like foundries, workshops, training schools and quarters. “Puzzle Combat gives players the rush of commanding the ultimate squad of heroes, all through the familiar fun of a match-3 experience,” said Jose Saarniniemi, Managing Director of Small Giant Games. ... info@me-newswire.com Fri, 09 Apr 2021 08:51:51 +0100 uAvionix ping200X is the World's First FAA TSO Certified Drone Transponder http://www.aetoswire.com//news/13443/en (BUSINESS WIRE)-- Today, uAvionix, the leader in communications, navigation, and surveillance (CNS) solutions for Unmanned Aircraft Systems (UAS), announced ping200X, its flagship Mode S ADS-B OUT Transponder for UAS, has received Technical Standard Order (TSO) certification from the FAA. ping200X is the pinnacle of years of evolution and investment in groundbreaking, low-Size, Weight, and Power (SWaP) avionics developed by uAvionix – certified for use on civil and defense manned and unmanned aircraft. Weighing only 50 grams, ping200X delivers 200 watts of transmit power while only drawing an average of 1.5 watts from the aircraft's power supply. Its profile enables longer flight times and larger payloads with minimal energy consumption. When paired with truFYX, uAvionix's SBAS GPS, ping200X meets the requirements of global controlled airspace, delivering safe separation information to Air Traffic Control (ATC), Traffic Collision Avoidance Systems (TCAS), and Detect and Avoid (DAA) systems. ADS-B and transponder technology is a key component of UAS integration for mixed-use airspace. ... info@me-newswire.com Fri, 09 Apr 2021 08:06:33 +0100 Milestone Study Shows Natural Molecule, Urolithin A, Can Improve Muscle Function and Life ... http://www.aetoswire.com//news/13442/en (BUSINESS WIRE)-- Progression of Duchenne Muscle Dystrophy (DMD) can be delayed in mice by supplementing their diets with Urolithin A, according to new results reported today. The findings, published in Science Translational Medicine, raise hopes that new treatment options could one-day be developed for DMD, an uncurable genetic condition characterized by progressive muscle degeneration. About 1 in 3,500 boys are born with DMD, which usually develops in childhood and significantly reduces life expectancy. The new research carried out at the laboratory of Professor Johan Auwerx, MD, PhD at the Swiss Federal Institute of Technology EPFL and the University of Lausanne in collaboration with scientists at the Swiss life science company Amazentis, highlights the important role that defective mitochondria can play in DMD. The powerhouses of cells, mitochondria produce the energy necessary for normal muscle function. But muscle cells taken from both human DMD patients and from mice bred to mimic the condition show significant defects in mitochondrial activity, the study finds. ... info@me-newswire.com Fri, 09 Apr 2021 07:26:15 +0100 Trax Secures $640 Million Funding Round Led by SoftBank Vision Fund 2 and BlackRock to ... http://www.aetoswire.com//news/13441/en (BUSINESS WIRE)-- Trax, a leading computer vision company transforming brick-and-mortar retail, has secured $640 million in a Series E financing round led by SoftBank Vision Fund 21 and technology-focused funds managed by existing investor BlackRock, Inc. This round of primary and secondary capital also saw participation from new investors including OMERS, one of Canada's largest defined benefit pension plans, and Sony Innovation Fund by IGV2. Trax's cloud platform is accelerating the digital transformation of consumer packaged goods (CPG) companies and grocery retailers by providing granular visibility of rapidly changing store conditions. Trax solutions enable users to make timely, data-driven decisions and implement immediate corrective actions. As a result, brands and retailers are accelerating growth, reducing costs, and driving awareness and purchase intent. Powered by its proprietary computer vision, advanced Internet of things hardware, on-demand workforce, and shopper solutions, Trax empowers its customers to provide the best shopping experiences imaginable. ... info@me-newswire.com Fri, 09 Apr 2021 05:51:30 +0100 DISYS Acquires Signature Consultants, Forming One of the Nation's Top 10 IT Staffing Companies http://www.aetoswire.com//news/13440/en (BUSINESS WIRE)-- Digital Intelligence Systems, LLC (DISYS) and Signature Consultants, LLC announce today that an agreement was signed for DISYS to acquire the legal entities of Signature, combine operations, and create one of the largest providers of information technology (IT) staffing services in the U.S. With combined annual revenues of $860M, the organization will also be the second largest minority-owned staffing firm in the nation. Both businesses will maintain their respective brands in the marketplace for the foreseeable future. The combined operations will draw on the resources of more than 7,500 employees and consultants, serving clients from more than 40 offices, eight countries, and four delivery centers worldwide. Together, the IT firm will offer capabilities in staffing and recruiting, managed services programs (MSPs), consulting and project management, and automation support. The current DISYS CEO, Mahfuz Ahmed, will serve as the CEO of the combined organization. Dr. ... info@me-newswire.com Fri, 09 Apr 2021 05:05:29 +0100 Ekata Launches Merchant Onboarding Solution to Enable Faster, Smarter Assessments of Merchant ... http://www.aetoswire.com//news/13439/en (BUSINESS WIRE) -- Ekata, the leader in global digital identity data, today announced its Merchant Onboarding solution to help payment service providers (PSPs), B2B lenders and marketplaces onboard the growing number of micro-merchants and sole proprietors across the globe faster and with more confidence. The lack of commercial track record for these new small businesses makes it difficult for PSPs and lenders to quickly and confidently approve them using traditional methods of risk assessment. Ekata set out to help customers enhance their existing models with risk indicators that show fraud likelihood based on a mix of comprehensive customer data tests and best-practice considerations. By providing unique data that cross-checks the connection between businesses and the individuals behind them, Ekata's new merchant onboarding solution enables organizations to confidently assess risk at scale, automate onboarding workflows, and reduce time spent in manual review. The global pandemic accelerated an existing trend of individuals establishing their own small businesses. In the U.S. ... info@me-newswire.com Thu, 08 Apr 2021 16:29:03 +0100 Best's Market Segment Outlook: AM Best Maintains Gulf Cooperation Council Insurance Outlook at ... http://www.aetoswire.com//news/13438/en (BUSINESS WIRE) -- AM Best continues to hold a negative market segment outlook on the insurance markets of the Gulf Cooperation Council (GCC). Factors supporting the outlook include COVID-19-driven uncertainty and the risk that further oil price volatility will maintain economic pressure across the region. In addition, there is concern over price adequacy amid intensely competitive conditions. Financial market fluctuations and depressed real estate valuations, as well as the expectation of liquidity pressures and increased delays in cash collection, also weigh on the outlook. A new Best's Market Segment Outlook, titled, “Market Segment Outlook: Gulf Cooperation Council Insurance,” notes these factors are partially offset by tightening regulatory oversight and control, and easing regional geopolitical tensions. The report recognises that there are opportunities for market consolidation, with merger and acquisition activity on the rise, and notes that regional insurers' generally well-capitalised balance sheets have generally proven resilient to shock scenarios. ... info@me-newswire.com Thu, 08 Apr 2021 15:11:29 +0100 Kyriba Successfully Completes ISO 27001 Surveillance Review Audits http://www.aetoswire.com//news/13437/en (BUSINESS WIRE) -- Kyriba (“the Company”), a global leader of cloud finance and IT solutions, today announced that the Company recently completed its ISO 27001 surveillance review audit with no nonconformities noted. The surveillance review displays Kyriba's commitment to maintaining the ISO/IEC 27001:2013 (ISO 27001) certification and ISMS for its global customers. The ISO 27001 standard includes the requirements of an Information Security Management System (ISMS) and a control framework of 14 control domains covering 114 specific information security controls that should be considered to reduce the information security risk relevant to the scope of the ISMS. An ISO 27001 certification requires that Kyriba has demonstrated it has a working Information Security Management System (ISMS) in conformance with the requirements of ISO 27001, it is mitigating risk through the implementation of controls by processes, policies or systems across departments and staff relevant to the scope of its ISMS. ... info@me-newswire.com Thu, 08 Apr 2021 14:57:36 +0100 ANNUAL REPORT 2020: MILESTONE SYSTEMS DELIVERS SUCCESSFUL RESULT IN A CHALLENGING YEAR http://www.aetoswire.com//news/13436/en With a solid COVID-19 continuity plan, a strong focus on people retention and new ways of collaborating with partners, Milestone Systems achieved a net revenue of DKK 1 billion in 2020. Milestone's net revenue amounted to DKK 1 billion (AED 586 Million) in 2020, a decrease of 1% compared with 2019. The operating income (EBIT) was DKK 112 million (AED 656 million), a decrease of 9%, reflecting the pandemic's impact on sales, an increase in development capacity, and investments in new head counts to fuel future growth.  “Given the challenging situation of the pandemic, our annual result is a successful outcome, made possible by our people, without whom long-term sustainable growth would not be possible. We quickly turned around how we manage the company and found new ways of supporting our network of partners. This resilience combined with the adaptability of our people and partners prepared us to face the new challenges,” says Chief Executive Officer Thomas Jensen, Milestone Systems. People First During 2020, Milestone's People First approach was tested to its core. ... info@me-newswire.com Thu, 08 Apr 2021 14:19:36 +0100 Western Union Foundation Announces New Partnerships to Advance Vaccine Education & ... http://www.aetoswire.com//news/13435/en (BUSINESS WIRE) -- The Western Union Foundation today announced its first-quarter 2021 programs, investing more than USD 1.25 million to mobilize youth to access jobs in the healthcare industry, assisting with COVID-19 vaccine education and distribution, and to enable economic recovery through workforce training. This investment furthers the Western Union Foundation's Opportunity Beyond Borders three-year USD 15 million commitment to provide migrant and young adults with resources to gain sustainable employment and provide relief and preparedness for crises. “The Western Union Foundation recognizes that this moment—as the global pandemic recovery effort begins in earnest—is a crucial one for the communities we serve,” said Foundation Executive Director Elizabeth Roscoe. “We are determined to do everything we can to keep people who are already on the margins from falling farther behind because they lack access to vaccines or opportunities to participate in the formal labor markets as economies progress toward recovery. ... info@me-newswire.com Thu, 08 Apr 2021 12:14:42 +0100 Smiths Detection to supply checkpoint security screening equipment to Kuwait International Airport http://www.aetoswire.com//news/13434/en (BUSINESS WIRE)-- Smiths Detection, a leading threat detection and security technology company, will supply a full suite of passenger baggage screening equipment for Kuwait's new International Airport Terminal 2, which is currently under construction. The contract includes the supply and installation of 70 x Hi-SCAN 6040 CTiX computed tomography (CT) X-rays, which allow passengers to leave electronic devices and liquids in their baggage. Terminal 2, which is intended to become an international transit hub, will have the ability to handle 25 million passengers annually. Smiths Detection's leading-edge technology will help ensure the quick and thorough screening of passengers passing through the terminal. Jerome de Chassey, Vice President APAC and Middle East said, “Following on from the successful award of the hold baggage screening equipment last year, we are proud to be continuing this relationship with Kuwait International Airport, providing them with best-in-class screening equipment for their new terminal. The solutions that they have selected are the most technically advanced and are being installed in some of the biggest airports across the globe. ... info@me-newswire.com Thu, 08 Apr 2021 11:18:48 +0100 Diligent Completes Galvanize Acquisition, Becoming World's Largest GRC SaaS Company http://www.aetoswire.com//news/13433/en (BUSINESS WIRE)-- Diligent Corporation (“Diligent” or the “Company”), the modern governance company, today announced that it has completed its acquisition of Galvanize, a global leader in SaaS governance, risk, and compliance (GRC) software. Having also recently acquired Steele Compliance Solutions, Inc. (“Steele”), a leader in ethics and compliance software, Diligent is now the world's largest GRC SaaS company with more than 1,500 employees and one million users. The financial terms of both transactions were not disclosed. By integrating Galvanize and Steele into the Diligent modern governance platform, the Company is creating a comprehensive solution to meet its client's GRC needs, from IT to the boardroom. The platform will help clients: implement and measure risk management and controls across the organization; enrich insights with best practice and external benchmarks while strengthening regulatory compliance; and, aggregate data into a holistic view for their leadership teams and board. ... info@me-newswire.com Thu, 08 Apr 2021 10:38:00 +0100 Cofense Acquires Cloud-Native, AI-Based Email Security Provider Cyberfish http://www.aetoswire.com//news/13432/en (BUSINESS WIRE) -- Cofense®, the leading provider of phishing detection and response (PDR) solutions, today announced the acquisition of Cyberfish, provider of next-generation phishing protection powered by Computer Vision and advanced Machine Learning (ML) technology. By integrating innovative machine learning capabilities from Cyberfish with Cofense's detection and response technology, Cofense will bring to market a holistic, advanced automation solution for email protection, detection, and response. With the acceleration of digital transformation and migration to cloud email services from Microsoft 365 and Google Workspace, organizations are rethinking their email security architecture and technology stack. For customers investigating a move away from legacy email security providers like Proofpoint, Mimecast, Symantec and Cisco, Cofense will help expedite this transition. Cofense's unparalleled phishing intelligence, already deployed in thousands of enterprises around the world, will be also used to train and evolve Cyberfish's machine-learning algorithms to block malicious emails in real-time. ... info@me-newswire.com Thu, 08 Apr 2021 10:31:21 +0100 Gupshup Raises $100 Million from Tiger Global to Accelerate Conversational Messaging http://www.aetoswire.com//news/13431/en (BUSINESS WIRE)-- Gupshup, the leader in conversational messaging, today announced it has raised $100 million in funding from Tiger Global Management, propelling the company's valuation to $1.4 billion. This funding will be followed by a second close with significant additional funds raised from more investors, to be announced later. This latest round follows years of profitable growth, product innovation, and customer adoption that saw Gupshup emerge as the global leader in conversational messaging. Gupshup's API enables over 100,000 developers and businesses to build messaging and conversational experiences delivering over 6 billion messages per month across 30+ messaging channels. Gupshup will use this investment to rapidly scale product and go-to-market initiatives worldwide in order to accelerate the transformation of business-to-consumer interactions with conversational experiences delivered over messaging channels. “The growth in business use of messaging and conversational experiences, transforming virtually every customer touchpoint, is an exciting secular trend,” said John Curtius, Partner at Tiger Global Management. ... info@me-newswire.com Thu, 08 Apr 2021 10:04:11 +0100 Unifrax Introduces New Catalysis Product Eco-lytic™ — a Cleaner, Lower Weight, and More ... http://www.aetoswire.com//news/13429/en (BUSINESS WIRE) -- Unifrax, the leading manufacturer of high-performance specialty materials, today introduced a new, nano-structured alumina catalyst support technology for the transportation market – Eco-lytic™ by Unifrax. Housed within a vehicle's catalytic converter, the Eco-lytic catalyst support fiber is designed to replace the existing catalytic converter or add to existing systems in order to enhance emission reduction, consume fewer precious metals and raw materials, and drive lower energy usage through vehicle weight reduction. The solution is designed to help prolong a cleaner engine life and enable vehicle manufacturers to meet increasingly stringent environmental, social, and governance (ESG) standards and regulations, while providing considerable cost savings as the market transitions to electric vehicles (EVs). Eco-lytic is currently in advanced testing with several global automakers. Preliminary results suggest the solution can reduce the mass of catalyst support media by up to 80 percent and lower platinum group metal loading by up to 40 percent compared to traditional systems. ... info@me-newswire.com Thu, 08 Apr 2021 09:33:17 +0100 Velodyne Expert Discusses How Lidar Simulations Advance Automated Driving Solutions Testing at ... http://www.aetoswire.com//news/13428/en (BUSINESS WIRE)-- Simulations have an important role in developing and testing advanced driver assistance systems (ADAS) and autonomous vehicle (AV) capabilities. Andrei Claudiu Cosma, PhD, Autonomous Solutions Manager at Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW), will discuss how developers can use lidar simulation to replicate real-world driving scenarios to validate the safety and reliability of ADAS and AV solutions during NVIDIA's annual GPU Technology Conference, GTC 2021. The session, called “Lidar-Centric Machine Learning – A Simulator Driven Approach to Model Training, Testing and Validation,” takes place on April 10, 2021 at 10:00 a.m. PDT. Register for free to attend the session at https://gtc21.event.nvidia.com/. Attendees of the session can learn: The key characteristics of lidar simulation that improve the authenticity of the generated lidar point cloud. This is extremely important to ensure successful use of the simulated model in the real world. The benefits and drawbacks of using real and simulated datasets. These tips can guide developers in making informed decisions when selecting data for their next models to train. ... info@me-newswire.com Thu, 08 Apr 2021 08:54:46 +0100 Galderma Announces Publication of Phase 2b Trial Results Demonstrating the Rapid and ... http://www.aetoswire.com//news/13427/en Atopic dermatitis is the most common type of eczema. Moderate to severe atopic dermatitis is a chronic and incurable condition, severely disrupting patients' quality of life1 The outcome of a post-hoc analysis of the phase 2b study published in the Journal of the European Academy of Dermatology and Venerology provides new possibilities for patients struggling with uncontrolled atopic dermatitis Clinical trial subjects treated with nemolizumab demonstrated significant itch relief as early as 48 hours after treatment that persisted throughout the duration of the study (up to week 16)2 Subjects treated with nemolizumab reported significant sleep improvements as early as 72 hours after the first injection which were sustained, and improved further throughout the duration of the trial (up to week 16)2 Subjects treated with nemolizumab demonstrated significant improvement in Eczema Area and Severity Index (EASI) at week 16 (BUSINESS WIRE)-- Galderma today announced that the Journal of the European Academy of Dermatology and Venereology (JEADV) has published full results from a post-hoc analysis of the phase 2b study of its investigational therapy, nemolizumab, in ... info@me-newswire.com Thu, 08 Apr 2021 08:39:03 +0100 ABB Launches New Share Buyback Program http://www.aetoswire.com//news/13426/en (BUSINESS WIRE)-- ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,543,644. This follow-up program is part of ABB's plan to return $7.8 billion of cash proceeds from the Power Grids divestment to shareholders and is consistent with the company's capital structure optimization program. As announced previously, under the initial program ABB repurchased a total of 128,620,589 shares – equivalent to 5.93 percent of its issued share capital at the launch of the program – for a total amount of approximately $3.5 billion. ABB shareholders approved the cancellation of 115 million of these shares at ABB's 2021 Annual General Meeting (AGM). The total number of ABB's issued shares is 2,168,148,264 including the shares approved for cancellation at ABB's 2021 AGM. ABB currently owns 143,988,616 treasury shares. ... info@me-newswire.com Thu, 08 Apr 2021 08:27:59 +0100 Veracode Launches Technology Alliance Program http://www.aetoswire.com//news/13425/en -(BUSINESS WIRE)-- Veracode, the largest global provider of application security testing (AST) solutions, today announced the launch of the Veracode Technology Alliance Program (TAP), making it easier for organizations to implement, manage, and scale their software security programs, reducing friction and speeding time-to-market. The program, which already incorporates a dozen providers including Accurics, Imperva®, ServiceNow, and ThreadFix, provides in-depth access to products, a developer toolkit with APIs, technical validation, and co-marketing opportunities. “Our new TAP program is an important component of our strategy to extend the power of Veracode through a diverse network of strategic partners, technical alliances, and integrations with technology providers across the software supply chain,” said Ian McLeod, Chief Product Officer at Veracode. “The program aims to optimize how adjacent technology providers can leverage the advantages of our solutions to deliver integrated experiences, making it easier for our joint customers to codify security into their development processes and deliver secure software faster. ... info@me-newswire.com Thu, 08 Apr 2021 06:40:42 +0100 WATERMELON JOINS IPREX GLOBAL COMMUNICATION PLATFORM http://www.aetoswire.com//news/13424/en The frontline, homegrown, Dubai-headquartered public relations consultancy with an integrated outlook on communication from strategy to execution, Watermelon Communications, has partnered with IPREX, a US$420 million global network of communication agencies with footprints across the world through 93 offices. The partnership will pave the way for reinforcing Watermelon's bouquet of public relations and communications offerings on a global scale and enrich the agency's expertise and outreach to markets across the world. “Watermelon is one of the pioneers of integrated communications in the UAE providing its multi-disciplinary expertise to clients across verticals for close to two decades. We continue to expand our reach to regional and global markets through key partnerships. Joining the IPREX platform will help us further reinforce our salience as a one-window provider of services across the globe,” said Madhu Kuttat, Managing Director, Watermelon Communications. ... info@me-newswire.com Thu, 08 Apr 2021 06:04:48 +0100 Värde Funds $155 Million for Two Office Developments in Hyderabad, India http://www.aetoswire.com//news/13423/en (BUSINESS WIRE)-- Värde Partners, a leading global alternative investment firm, today announced it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund to completion over 2.5 million square feet across the two Grade A developments owned by Phoenix Group. To date, over 1.5 million square feet has been pre-let to two multi-national companies, reflecting the quality and location of the assets. Construction of both projects is well-advanced, with sub-structure development complete and super-structure phases underway. Hyderabad is a recognized global tech hub, with the city's financial district home to a large number of multi-national tech, financial services and professional services companies. Hyderabad is one of the fastest growing metropolitan cities in India and one of the strongest markets in the country for office absorption. ... info@me-newswire.com Thu, 08 Apr 2021 05:19:35 +0100 Global OEM Selects Eaton's Power Distribution Technology for New Electric Vehicle Platform http://www.aetoswire.com//news/13422/en (BUSINESS WIRE)-- Power management company Eaton today announced its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann™ series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle, which is a rapidly growing segment for BEVs. The PDUs are scalable in design to be applied to a wide range of future vehicles within the portfolio. PDUs, also known as junction boxes or fuse boxes, connect the main battery power to the rest of the vehicle, similar to how a home service panel connects the main power source to each of the branch circuits in the house. While distributing power through the vehicle, the PDUs deliver a safety function by providing circuit protection. Eaton's eMobility business earned the supply agreement due to the unique features it was able to offer over competitors, including the complete integration of the Bussmann series fuses into the PDUs for protection of four auxiliary circuits. ... info@me-newswire.com Wed, 07 Apr 2021 13:12:40 +0100 One Month Countdown to Close of Zayed Sustainability Prize 2022 Submissions http://www.aetoswire.com//news/13421/en With one month to go until the 6th of May submissions deadline, the Zayed Sustainability Prize, the UAE's pioneering global award for rewarding impact, innovation, and inspiration, has today issued a final call to small-to-medium sized enterprises, non-profit organisations and high schools, around the world, to submit their entries for the 2022 edition. Inspired by the sustainable development and humanitarian legacy of the UAE's founding father, Sheikh Zayed bin Sultan Al Nahyan, the Prize is now in its 14th submissions cycle after officially opening on 18th November 2020. The Prize has since recognised 86 winners whose solutions or school projects have, directly and indirectly, positively transformed the lives of more than 352 million people, worldwide. Small-to-medium sized enterprises and non-profit organisations must enter an existing sustainability solution in one of the Health, Food, Energy, or Water categories, and demonstrate results across three core criteria: impact, innovation, and inspiration. ... info@me-newswire.com Wed, 07 Apr 2021 08:47:10 +0100 Study Investigates the Effects of Ventilatory Rescue Therapies on the Cerebral Oxygenation of ... http://www.aetoswire.com//news/13420/en (BUSINESS WIRE)-- Masimo (NASDAQ: MASI) today announced the results of a prospective, observational study published in Critical Care in which researchers in Genoa, Italy, evaluated the impact of a variety of rescue therapies on the systemic and cerebral oxygenation of mechanically ventilated COVID-19 patients suffering from acute respiratory distress syndrome (ARDS).1 To gauge the impact, the researchers used the Masimo Root® Patient Monitoring and Connectivity Platform with O3® Regional Oximetry, which uses near-infrared spectroscopy (NIRS) to enable monitoring of tissue oxygen saturation (rSO2) in the region of interest, such as the brain. Dr. Chiara Robba and colleagues noted that “neurological complications are common in mechanically ventilated critically ill patients with COVID-19 and may lead to impaired cerebral hemodynamics,” and further, that respiratory rescue therapies “may have detrimental effects on brain physiology. ... info@me-newswire.com Wed, 07 Apr 2021 06:59:35 +0100 Erbe Elektromedizin to acquire Maxer Endoscopy http://www.aetoswire.com//news/13419/en (BUSINESS WIRE)-- An investment to strengthen our operating room presence “This acquisition reflects our determination to become a solution provider for surgeries and procedures where visualization is critical. We will offer holistic solutions, from visualization to therapy. Entering into the world of fluorescence imaging systems is the logical first step to provide the required added value to our customers", according to Christian O. Erbe, CEO & President at Erbe Elektromedizin GmbH. Maxer's highly innovative product portfolio combined with Erbe's energy-emitting high-tech products will allow existing unmet user needs to be addressed. Better vision makes better surgery Maxer's prime innovation focus is on the development of high-end visualization. The technology delivers bright and pin-sharp multi-spectral images for NIR fluorescence-guided surgery and regular white light images. Now, Erbe will be able to offer best-in-class performance with 4K and fluorescence-guided systems in endoscopy as well as for open surgeries. ... info@me-newswire.com Wed, 07 Apr 2021 05:59:16 +0100 Technology Innovation Institute Appoints Globally-Renowned Experts to Board of Advisors at ... http://www.aetoswire.com//news/13406/en Technology Innovation Institute (TII), the applied research pillar of Abu Dhabi's Advanced Technology Research Council (ATRC), today announced the appointment of leading international experts to the Board of Advisors at its Autonomous Robotics Research Centre (ARRC). The appointments follow a series of rapid announcements at Technology Innovation Institute since the first Advanced Technology Research Council board meeting in August 2020.  Autonomous Robotics Research Centre is one of the initial seven specialised centres at the Technology Innovation Institute.  Members of the new Board of Advisors are renowned experts in various fields of intelligent autonomy, autonomous systems and robotics, robotics and perception, among others. The Centre's researchers are engaged in exploring the latest advances in robotics that will help build hybrid societies made up of biological and artificial systems. The distinguished Board of Advisors will guide efforts to develop breakthrough technologies that have global impact. The Board of Advisors includes Prof. Ian F. ... info@me-newswire.com Wed, 07 Apr 2021 05:57:53 +0100 Semifinalist Teams Selected in $10M ANA Avatar XPRIZE Competition http://www.aetoswire.com//news/13418/en (BUSINESS WIRE)-- XPRIZE, the world's leader in designing and operating incentive competitions to solve humanity's grand challenges, announced today that 38 teams from 16 countries are advancing to the semifinals round of the $10M ANA Avatar XPRIZE competition. Sponsored by All Nippon Airways (ANA), Japan's largest airline, the Avatar XPRIZE is a four-year global competition focused on the development of an avatar system that will deploy a human's senses, actions, and presence to a remote location in real time, leading to a more connected world. These avatars must demonstrate the ability to execute tasks across a variety of real-world scenarios and convey a sense of presence for both the operator and the recipient in those interactions. In the future, avatars could help provide critical care and deploy immediate responses in emergency situations, or offer opportunities for exploration and new ways of collaboration, stretching the boundaries of what is possible and maximizing the impact of skill and knowledge sharing. ... info@me-newswire.com Tue, 06 Apr 2021 11:19:55 +0100 Stonepeak Infrastructure Partners and Ironclad Energy Partners Announce Sale of Rochester ... http://www.aetoswire.com//news/13417/en (BUSINESS WIRE)-- Ironclad Energy Partners LLC (“Ironclad”), an affiliate of Stonepeak Infrastructure Partners (“Stonepeak”), has agreed to sell 100% of its indirect equity interests in RED-Rochester, LLC (“RED”) and associated affiliates to SDCL Energy Efficiency Income Trust plc (“SEEIT”) for $260 million enterprise value, subject to customary closing adjustments. As one of the United States' largest district energy systems, RED exclusively serves 100+ commercial and industrial customers within the Eastman Business Park (“EBP” or the “Park”) in Rochester, New York. RED's asset base has continuously served the 1,200-acre EBP and its customers with reliable and competitively priced utilities for over a century. Today, RED serves customers with its highly efficient and environmentally friendly tri-generation plant, delivering 16 separate utility services, including steam, chilled water, and electricity, in support of its customers and the 5,500 employees that work within the Park. ... info@me-newswire.com Tue, 06 Apr 2021 10:58:08 +0100 IDEMIA's Facial Recognition Ranked #1 in NIST's Latest FRVT Test http://www.aetoswire.com//news/13416/en (BUSINESS WIRE) -- IDEMIA's facial recognition 1:N algorithm achieved best for accuracy in the latest Face Recognition Vendor Test (FRVT) from the National Institute of Standards and Technology (NIST)1. IDEMIA today announced that its facial recognition algorithm 1:N came top among 75 tested systems and 281 entrants in NIST's latest FRVT. FRVT measures how well facial recognition systems work for civil, law enforcement and security applications covering accuracy, speed, storage, and memory criteria. FRVT test results are acknowledged to be the gold standard of the global security industry. NIST's March 26, 2021 test results establish beyond all doubt that IDEMIA has the best identification system on the market. Taking border control systems as an example, IDEMIA achieved the best accuracy score of 99.65% correct matches out of 1.6 million face images. One of the important aspects of AI-based automated facial recognition is to teach its various algorithms not only to be accurate, but equally important fast and optimized for fairness. It is all about striking the right balance when dealing with large volumes of face images. ... info@me-newswire.com Tue, 06 Apr 2021 10:44:49 +0100 Cyble Announces $4 Million in Seed Funding http://www.aetoswire.com//news/13415/en (BUSINESS WIRE)-- Cyble, a global cyber intelligence firm specializing in providing early warning intelligence on cyber threats, announced today that it has raised a $4M seed financing round led by Blackbird Ventures and Spider Capital, with participation from Xoogler Ventures, Picus Capital, and Cathexis Ventures. The funding comes as Cyble graduates from Y Combinator, which accepted Cyble into its Winter 2021 (W21) cohort and provided pre-seed funding in January of this year. These investments demonstrate the continued trust that investors and clients have in Cyble. Cyble has made huge progress over the last year. "We started this company with an ambitious goal: to equip organizations with real-time visibility into vulnerabilities in the cyber landscape and help safeguard their businesses. As we continue to deliver what modern organizations need, the seed funding reaffirms our strategy and vision. It will enable Cyble to onboard resources and scale our SaaS platform, Cyble Vision, in lock step with our rapidly growing client base," says Manish Chachada, COO and Co-founder of Cyble. ... info@me-newswire.com Tue, 06 Apr 2021 08:35:34 +0100 Knightscope Selects Velodyne Lidar Technology for Next-Generation Autonomous Security Solutions http://www.aetoswire.com//news/13413/en (BUSINESS WIRE) -- Knightscope, Inc., a developer of advanced physical security technologies utilizing fully autonomous robots focused on enhancing U.S. security operations, and Velodyne Lidar, Inc., (NASDAQ: VLDR, VLDRW), jointly announced today that Knightscope has selected Velodyne Lidar's technology to power its future 5th Generation Autonomous Security Robots (ASRs). Velodyne Lidar ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors and has worked with Knightscope for the past 7 years. Knightscope's solution is powered by Velodyne's Puck lidar sensor, which provides reliability, energy efficiency and a full 360-degree environmental view to deliver highly accurate real-time 3D data. The versatile, compact Puck sensor is an ideal solution to enable safe navigation in a wide variety of environmental and lighting conditions. ... info@me-newswire.com Tue, 06 Apr 2021 06:39:38 +0100 Uniphore Raises $140 Million in Series D Funding as Demand Skyrockets for Enterprise AI and ... http://www.aetoswire.com//news/13412/en (BUSINESS WIRE) -- Uniphore, an early leader in Conversational Service Automation (CSA), today announced it has raised $140 million in Series D funding, bringing the total funds invested in the company to $210 million. This latest round of financing was led by Sorenson Capital Partners. It includes additional new investors from Europe and the Middle East, Serena Capital and Sanabil Investments, and strategic investor, Cisco Investments. Further expanding their previous investments in Uniphore, March Capital Partners, National Grid Partners, Chiratae Ventures, Iron Pillar Fund, and Sistema Capital also participated in the Series D offering. The new round of funding is Uniphore's largest to date. The funding will be used to extend Uniphore's technology and market leadership in AI, Automation and Machine learning across the enterprise. This will also include a focus on video-based AI applications stemming from Uniphore's acquisition of Emotion Research Labs earlier this year as well as applications in Trust, Security and RPA markets. Also announced today is the appointment of Rob Rueckert, Managing Partner at Sorenson Capital Partners, to the Uniphore Board of Directors. Mr. ... info@me-newswire.com Tue, 06 Apr 2021 06:18:55 +0100 Dante Labs achieves ISO 13485 certification for its Genomic Interpretation Software Immensa, ... http://www.aetoswire.com//news/13411/en (BUSINESS WIRE) -- Dante Labs, a world leader in genomic sequencing and data analysis, announced today that it received ISO 13485:2016 certification for its Immensa Genomic Interpretation Software as a medical device. The highly coveted industry certification involved a deep clinical validation study carried out by several teams at Dante Labs over an 18 month period. The accreditation was awarded by The British Standards Institution (BSI) Group.  “This is a great achievement for all of the team members at Dante Labs who worked very hard to implement a brand-new ISO-compliant quality system and develop the software,” says Dante Labs CEO Andrea Riposati. “The bioinformatics team ran a clinical validation study the size of a population genomics program.” The most recent validation was completed in March 2021. It involved 500,000 samples, and used whole genome sequencing data sequenced using Illumina technology. Dante Labs has already received the CE-IVD mark for its Immensa Software in 2020. About Dante Labs Dante Labs is a global genomic platform that integrates genomic and clinical data to provide better solutions in both diagnostics and therapeutics. ... info@me-newswire.com Tue, 06 Apr 2021 05:25:24 +0100 CoVIg-19 Plasma Alliance Announces Topline Results from NIH-Sponsored Clinical Trial of ... http://www.aetoswire.com//news/13410/en Phase 3 Inpatient Treatment With Anti-Coronavirus Immunoglobulin (ITAC) Clinical Trial Sponsored and Funded by the National Institute of Allergy and Infectious Diseases (NIAID), Part of the National Institutes of Health (NIH), Did Not Meet Its Endpoints to Show Efficacy in Adults Hospitalized With COVID-19 (BUSINESS WIRE)-- The CoVIg-19 Plasma Alliance today announced that the Phase 3 Inpatient Treatment with Anti-Coronavirus Immunoglobulin (ITAC) clinical trial sponsored and funded by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), did not meet its endpoints. No serious safety signals were raised in the trial. The study aimed to determine whether an investigational anti-coronavirus hyperimmune intravenous immunoglobulin (H-Ig) medicine (referred to by the Alliance as CoVIg-19) could reduce the risk of disease progression when added to standard of care treatment including remdesivir in hospitalized adult patients at risk for serious complications. Analyses remain ongoing and NIAID and the INSIGHT Network intend to publish the full results of the trial soon. ... info@me-newswire.com Mon, 05 Apr 2021 12:12:27 +0100 Funko Announces Plans to Enter NFT Market Using WAX on vIRL Merchandise On the Blockchain http://www.aetoswire.com//news/13409/en (BUSINESS WIRE)-- Today, The Worldwide Asset eXchange™ (WAX), the world's leading entertainment NFT network, announced that Funko, a leading pop culture consumer products company, plans to extend Funko's pop culture platform to include digital assets on the Blockchain. Beginning in June of this year, Funko expects to launch their initial collectible NFT offerings using WAX's powerful blockchain platform, which ensures verifiable authenticity for all NFT purchases. WAX's unique vIRLTM technology will enable Funko's physical collectibles to be owned and traded as digital items with added value. At a starting price point of $9.99, pop culture fans will be able to purchase packs of NFTs featuring Funko's unique stylizations. Collectors who score ultra-rare Funko NFTs will also be able to redeem those NFTs for exclusive, corresponding physical Funko figures. Collectors can look forward to a new unique Funko property to be released on the WAX platform each week. “We are excited that Funko plans to utilize the WAX blockchain and WAX vIRLsTM with NFTs that are directly linked to physical products,” said William E. Quigley, co-founder of WAX. ... info@me-newswire.com Mon, 05 Apr 2021 09:38:45 +0100 Court Rules in Rimini Street's Favor on Key Matters, Denies Oracle Motions and Cites “Common ... http://www.aetoswire.com//news/13408/en (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 issued the following statement in response to a recent court order in the decade-long litigation between Rimini Street and Oracle, where the courts have found that third-party support and customization of enterprise software is permitted, Oracle licensees have a choice of support vendors and, as stated by the United States Court of Appeals, Rimini Street provides third-party support for Oracle's enterprise software in lawful competition with Oracle's direct maintenance services: “On March 31, 2021, the United States District Court for Nevada issued an order resolving many outstanding disputes between the parties related to a permanent injunction that has been in place since 2018. The injunction does not prohibit Rimini Street's provision of support services for any Oracle product lines, but rather defines the manner in which Rimini Street can provide support services for certain Oracle product lines. ... info@me-newswire.com Mon, 05 Apr 2021 09:11:09 +0100 The NAGA Group AG reports record revenue of close to USD 14 million in Q1 2021 with an EBITDA ... http://www.aetoswire.com//news/13407/en - Record of 2.9 million transactions and USD 70 billion in traded volume - Copy trading increased by 475% - A record of 93,000 accounts added in Q1 - NAGA filed an application to allow cross-trading in the US market - Convertible bond with a nominal value of € 8 million fully placed (BUSINESS WIRE)-- The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, reports its preliminary unaudited results of the first quarter 2021. Unaudited group sales jumped by 69% to USD 13.7 million (Q1 2020: USD 8.1 million), whilst the number of real-money transactions jumped by 141% to 2.9 million (Q1 2020: 1.2 million). Traded volume crossed USD 70 billion, an increase of 155% (Q1 2020: USD 27 billion). Signups jumped by 480% to 93,000 in Q1 2021 compared to 16,000 account signups in Q1 2020 which resulted in another important milestone for NAGA crossing 1 million registered accounts to date. Another highlight is the growth in transactions of NAGAs unique auto-copy tool. More than 1.4 million trades were copied trades on the NAGA platform, which is an increase of more than 475% compared to 0. ... info@me-newswire.com Mon, 05 Apr 2021 08:46:56 +0100 Summit discusses latest regulations and best practices in GCC pharmaceuticals sector http://www.aetoswire.com//news/13405/en 6th GCC Regulatory Affairs Pharma Summit, supported by the UAE Ministry of Health and Prevention, seeks to expedite drug registration and approval Two-day summit had 50 regional and international speakers and over 300 professionals as attendees Government authorities in the Gulf region and leading healthcare solutions providers came together at the sixth GCC Regulatory Affairs Pharma Summit this week to discuss regulations and best practices relating to drug registration and approvals in the region. The two-day virtual summit supported by the UAE Ministry of Health and Prevention was aimed to showcase new developments in the pharmaceuticals sector in GCC as well as their impact on improving patient access to medicines. Over 300 professionals from public health authorities and the pharmaceutical supply chain attended the summit in which 50 regional and international experts shared insights on topics relevant to regulatory affairs, legal and compliance aspects of drug registration and approvals. ... info@me-newswire.com Mon, 05 Apr 2021 06:26:59 +0100 SNC-Lavalin's Atkins business expands its design and engineering services in Saudi Arabia   http://www.aetoswire.com//news/13404/en Atkins, a member of the SNC-Lavalin Group, is expanding its design and engineering services in the Kingdom of Saudi Arabia (KSA) to meet the needs of the country's growing mixed-use developments, leisure and entertainment industries. This sees the appointment of new senior positions to support the Company's existing projects and new market opportunities. David Manfredi, Director of Architecture and Building Engineering, Saudi Arabia, is leading Atkins' KSA-based Building Design team, working closely with the regional business and global team of experts to understand and deliver clients' visions. David is an award-winning architect possessing a uniquely balanced range of conceptual, project delivery and business skills. His approach embraces design concept and critique, technical delivery, studio culture and team development, and the exploitation of digital transformation. He has 25 years of experience, 18 of which have been in the Middle East. He has run his own practice, has been a tutor and lecturer in design, construction, and professional practice, and has worked on projects across the GCC, Asia and Australia. ... info@me-newswire.com Mon, 05 Apr 2021 05:31:08 +0100 GulfBrokers: Will the Wall Street rally continue in Q2? http://www.aetoswire.com//news/13403/en The global stock market recorded a solid gain in Q1 2021. The markets were finished in 2020 with a big bang having delivered one of the fastest recoveries in the history after the sell-off in March 2020. The US stock indices, Dow Jones and S&P 500 climbed to fresh all-time highs in March driven by various stimulus measures and the quick rollout of covid-19 vaccines. While the Nasdaq100 shy to break new heights after it reached a record closing high on February 12th as the investors shift their focus to economic-recovery sensitive stocks and away from growth stocks. Q1 has been a profitable year for stocks in the Dow Jones Index; where it increased by more than 3500 points. On March 18th, the Dow surged above the major 33,000 resistance level for the first time in history, after the Federal Reserve said it expects to keep interest rates unchanged through 2023. Several factors are behind the strong rally in global stocks. The quick rollout of covid-19 vaccines appeared to be the primary driver of gains in the quarter. The US stimulus bill was passed by Congress and signed into law by President Biden, providing a $1.9 trillion boost to the economy. ... info@me-newswire.com Sun, 04 Apr 2021 10:19:29 +0100 LG “LIFE'S GOOD RESTAURANT” OPENS TO UAE RESIDENTS http://www.aetoswire.com//news/13402/en The UAE is widely known as a food-haven, with street food joints, family-owned eateries and fine dining establishments achieving widespread acclaim in the Gulf region. Residents across the Emirates are also increasingly becoming savvy in the kitchen, seeking to re-create restaurant-quality dishes at home, or simply indulge in food which brings back the fondest of memories. As part of its mission to make cooking and getting creative in the kitchen more enjoyable, LG Electronics (LG) has partnered with Emirati celebrity chef, Faisal Naser to offer an exclusive opportunity to UAE residents. LG and Faisal are inviting food enthusiasts to visit “The Spot of Delicious” at LG's “Life's Good Restaurant” – a dedicated online portal where people can share their favorite dishes, images and the stories behind them. Whether baking banana bread during quarantine, making baked feta pasta with friends, or grilling food under the stars with family at Al Qudra, participants can detail what makes the dish special to them and who it most reminds them of. Dishes will be uploaded to a digital feed showcasing all entries submitted. ... info@me-newswire.com Sun, 04 Apr 2021 09:28:47 +0100