BAAR, Switzerland, Oct 31 (Bernama-GLOBE NEWSWIRE) -- Ascom (SWX:ASCN.SW) secures a long term contract with the Drammen municipality in Norway to modernize and improve the communication infrastructure of its elderly care facilities. The new solution includes Ascom Myco 2 smart devices and will enhance the care experience of all residents.
The solution of Ascom consists of a comprehensive Ascom teleCARE IP nurse call system, Ascom Myco 2 handsets, Ascom Unite middleware for messaging handling and Ascom Ward Agent nurse-resident allocation software which will be implemented in three care units with 124 beds in total. The contract amounts to a value of around CHF 790,000.
The complete Ascom teleCARE IP mobile nurse call system includes voice function, wireless alerts and wanderer control for residents and enables a correct assignment of resident calls to the right caregiver to ensure a calm care environment. The purpose-built handsets for reception of resident calls, are also equipped with an alert button, which together with room level positioning, help enhancing personnel safety in case of a difficult care situation.
http://mrem.bernama.com/viewsm.php?idm=30442
Tuesday, 31 October 2017
HOYA REPORTS SECOND QUARTER RESULTS; RECORD HALF YEAR RESULTS
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Hoya Corporation (TOKYO: 7741) today announced financial results for the second quarter ended September 30, 2017.
During the quarter, revenue of the HOYA Group increased 18.2% year on year, reaching 135,772 million yen. Pre-tax profit amounted to 32,868 million yen with 26,767 million yen in profit, representing increases of 3.9% and 7.9%, respectively.
In the Life Care segment, sales of eyeglass lenses rose, mainly overseas and in response to business acquisitions. Medical endoscopes experienced improved sales, pushed mainly by performance in Europe and Asia. New products drove sales of intraocular lenses as well. As a result, the Life Care segment as a whole reported higher sales year on year.
The Information Technology segment also reported higher revenues year on year, driven by stronger demands in semiconductor devices and glass substrates for hard disk drives. Imaging-related product sales increased as well due to an expansion of new applications.
For the six months ended September 30, 2017, HOYA posted record revenues of 262,930 million yen and record profit for the term of 51,960 million yen, representing increases of 14.3% and 21.4%, respectively.
“The Life Care segment delivered sales increase of 9.4% without exchange gain this quarter,” said Hiroshi Suzuki, president and chief executive officer of HOYA. “We expect the segment profitability to improve in the second half as post-merger integration completes.”
HOYA also announced the interim dividends of 30 yen per share of common stock.
http://mrem.bernama.com/viewsm.php?idm=30427
During the quarter, revenue of the HOYA Group increased 18.2% year on year, reaching 135,772 million yen. Pre-tax profit amounted to 32,868 million yen with 26,767 million yen in profit, representing increases of 3.9% and 7.9%, respectively.
In the Life Care segment, sales of eyeglass lenses rose, mainly overseas and in response to business acquisitions. Medical endoscopes experienced improved sales, pushed mainly by performance in Europe and Asia. New products drove sales of intraocular lenses as well. As a result, the Life Care segment as a whole reported higher sales year on year.
The Information Technology segment also reported higher revenues year on year, driven by stronger demands in semiconductor devices and glass substrates for hard disk drives. Imaging-related product sales increased as well due to an expansion of new applications.
For the six months ended September 30, 2017, HOYA posted record revenues of 262,930 million yen and record profit for the term of 51,960 million yen, representing increases of 14.3% and 21.4%, respectively.
“The Life Care segment delivered sales increase of 9.4% without exchange gain this quarter,” said Hiroshi Suzuki, president and chief executive officer of HOYA. “We expect the segment profitability to improve in the second half as post-merger integration completes.”
HOYA also announced the interim dividends of 30 yen per share of common stock.
http://mrem.bernama.com/viewsm.php?idm=30427
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION LAUNCHES NEW SURFACE-MOUNT BRUSHED MOTOR DRIVER IC
Supporting high-voltage and large-current drive for home-use robot vacuum cleaners and printers.
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation has broadened its line-up of small surface-mount brushed motor drivers with the addition of “TB67H420FTG,” which supports high-voltage, large-current drive for home-use robot vacuum cleaners, printers and other office equipment. Mass production starts today.
A high power drive is a basic requirement for the motors used in printers and other office equipment, banking terminals, cash dispensers, and home appliances that need high torque drive. As the scope of application increases, so too does the demand for downsizing and space-saving devices.
http://mrem.bernama.com/viewsm.php?idm=30436
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation has broadened its line-up of small surface-mount brushed motor drivers with the addition of “TB67H420FTG,” which supports high-voltage, large-current drive for home-use robot vacuum cleaners, printers and other office equipment. Mass production starts today.
A high power drive is a basic requirement for the motors used in printers and other office equipment, banking terminals, cash dispensers, and home appliances that need high torque drive. As the scope of application increases, so too does the demand for downsizing and space-saving devices.
http://mrem.bernama.com/viewsm.php?idm=30436
NTT COM TO CONSTRUCT OPTICAL SUBMARINE CABLE CONNECTING JAPAN, U.S. AND PHILIPPINES WITH LARGE CAPACITY AND LOW LATENCY
To be compatible with 400Gbps optical wavelength division multiplex transmission system as the fastest submarine cable between Japan and U.S.
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), announced today that as part of a consortium comprising SoftBank, Facebook, Amazon, PLDT and PCCW Global, it signed an agreement on 27 October to participate in the construction and maintenance of the JUPITER large-capacity low-latency optical submarine cable between Asia and the United States.
http://mrem.bernama.com/viewsm.php?idm=30435
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), announced today that as part of a consortium comprising SoftBank, Facebook, Amazon, PLDT and PCCW Global, it signed an agreement on 27 October to participate in the construction and maintenance of the JUPITER large-capacity low-latency optical submarine cable between Asia and the United States.
http://mrem.bernama.com/viewsm.php?idm=30435
OIL AND GAS INDUSTRY LEADERS INVEST IN SOLIDIA TECHNOLOGIES' SUSTAINABLE CEMENT AND CONCRETE INNOVATIONS
Investment will aid in reducing greenhouse gas emissions by bringing technology to market
PISCATAWAY, N.J., Oct 30 (Bernama-BUSINESS WIRE)-- Solidia Technologies® announced today that OGCI Climate Investments has made in an investment in the company to support the adoption of Solidia’s patented cement and concrete technology using CO2.
The Oil and Gas Climate Initiative (OGCI) is a CEO-led initiative of ten oil and gas companies that collaborate on action to lead the industry response to climate change. OGCI Climate Investments, its billion dollar investment arm, supports the development, deployment and scale up of new technologies that will significantly reduce greenhouse gas emissions.
http://mrem.bernama.com/viewsm.php?idm=30428
PISCATAWAY, N.J., Oct 30 (Bernama-BUSINESS WIRE)-- Solidia Technologies® announced today that OGCI Climate Investments has made in an investment in the company to support the adoption of Solidia’s patented cement and concrete technology using CO2.
The Oil and Gas Climate Initiative (OGCI) is a CEO-led initiative of ten oil and gas companies that collaborate on action to lead the industry response to climate change. OGCI Climate Investments, its billion dollar investment arm, supports the development, deployment and scale up of new technologies that will significantly reduce greenhouse gas emissions.
http://mrem.bernama.com/viewsm.php?idm=30428
Monday, 30 October 2017
SHISEIDO ANNOUNCES AGREEMENT TO SELL ZOTOS TO HENKEL
| Shiseido to Concentrate and Strengthen its Professional Division in Asia Positions Zotos to Pursue Next Phase of its Long-Term Growth Strategy TOKYO, Oct 27 (Bernama-BUSINESS WIRE) -- Shiseido Company, Limited (Tokyo Stock Exchange, First Section: 4911), a leading global cosmetics company, today announced that it has entered into a definitive agreement to sell its wholly-owned subsidiary Zotos International Inc. (“Zotos”) to Henkel. Shiseido has been promoting a selection and concentration strategy in order to enhance its global brand portfolio as part of its VISION 2020 strategy. As part of that strategy, Shiseido is sharpening its focus on key categories and regions in order to optimize its portfolio, and is focused on driving global growth across its prestige beauty businesses while strengthening its leadership in Asia in the mass cosmetics, personal care, and professional categories. Shiseido’s Professional business plays an important role in the company’s beauty portfolio, and Shiseido plans to concentrate and boost its investment in the professional market in Asia. Shiseido is confident that Zotos, which is based in the U.S. and primarily focused on the North American market, will be well-positioned for further growth opportunities as part of Henkel’s global Beauty Care professional portfolio. Masahiko Uotani, President and Group CEO of Shiseido Company, Limited, said, “The Professional business has been a cornerstone of Shiseido’s heritage since the company opened its first beauty salon in Japan nearly a century ago, and we remain as committed and focused as ever on cultivating and strengthening this key business in the fast-growing Asian markets, including China and Asia Pacific as well as Japan. Henkel’s offer to acquire Zotos provides a great opportunity for our Professional group to concentrate its focus on its core capabilities in Asia.” Based in Darien, CT, Zotos manufactures and markets a full range of award-winning hair care, texture service and hair color options for salons and salon professionals worldwide, with a primary focus in North America and a growing emphasis on the European market. Its portfolio of brands includes Joico, AGEbeautiful, Biotera, Bain de Terre and Senscience. The company’s product innovations and dynamic beauty education have made it a trusted leader in professional haircare for nearly 90 years. Nancy Bernardini, President of Zotos, said, “Shiseido has been an outstanding home for Zotos for almost three decades – as part of Shiseido’s Professional Division, Zotos added even more layers of innovation and artistry to its products and achieved significant milestones, including becoming one of the fastest-growing mid-sized companies in professional beauty. By joining Henkel, we will be taking important steps for the future of our business, focusing on strategic geographic markets that are key to our long-term success while continually invigorating our brands as part of Henkel’s highly complementary portfolio. We are excited to embark on this new chapter.” Shiseido will use the resources gained from this transaction to further pursue its strategic objectives of continuing to nurture its Prestige brands, reinforcing production capability and other activities in order to implement its “New Strategy to Accelerate Growth” in the next three years of VISION 2020. Annual net sales for Zotos totaled $233 million in the fiscal year ending 2016. The transaction is expected to close in December 2017, subject to the satisfaction of customary closing conditions. |
GOOD THINGS COME IN PAIRS TO EOS INC. IN SINGAPORE
TAIPEI, Taiwan, Oct 30 (Bernama-GLOBE NEWSWIRE) -- The international marketing teams of EOS Inc. gathered and celebrated the inspiring growth of the business again, in Singapore’s flagship store on August 28th. The visiting teams had came a long way, from Foshan China and the franchisee of Singapore’s second flagship store, both participated and signed their contracts to join the EOS family at the ceremony in Singapore. This is a grand expansion of EOS Inc. sales channels in Asia, just like good things come in pairs.
Mr. Ben Yang, President of EOS Inc., warmly welcomed these new partners at the ceremony. The team that came from Foshan China with over 20 sales agents was led by Miss Lan, Jin-li, the general manager of a successful dealer of health care food in Canton, China. Her team studied deeply, understanding the products and the corporate philosophy of EOS on their trip, confirming their determination to participate in the business of the global EOS family.
At the same time, the representative of another sales team in Singapore, Miss Zhou, Guan-fang, who is well experienced in health care and beauty care products marketing, signed the cooperation contract to join. It indicates that another new flagship store and a sales team will soon be launched in Singapore.
Through the success of these new contracts, EOS Inc. has launched its sixth flagship store since the previous ones set up in Hong Kong, Quanzhou, Nanning and Singapore.
Mr. Ben Yang, President of EOS Inc. said to the new team members in his greeting speech, “We are proud that our customers are benefiting from our fantastic products and our enterprise becomes greater because of your participation and co-creation.”
http://mrem.bernama.com/viewsm.php?idm=30434
Mr. Ben Yang, President of EOS Inc., warmly welcomed these new partners at the ceremony. The team that came from Foshan China with over 20 sales agents was led by Miss Lan, Jin-li, the general manager of a successful dealer of health care food in Canton, China. Her team studied deeply, understanding the products and the corporate philosophy of EOS on their trip, confirming their determination to participate in the business of the global EOS family.
At the same time, the representative of another sales team in Singapore, Miss Zhou, Guan-fang, who is well experienced in health care and beauty care products marketing, signed the cooperation contract to join. It indicates that another new flagship store and a sales team will soon be launched in Singapore.
Through the success of these new contracts, EOS Inc. has launched its sixth flagship store since the previous ones set up in Hong Kong, Quanzhou, Nanning and Singapore.
Mr. Ben Yang, President of EOS Inc. said to the new team members in his greeting speech, “We are proud that our customers are benefiting from our fantastic products and our enterprise becomes greater because of your participation and co-creation.”
http://mrem.bernama.com/viewsm.php?idm=30434
COMPUWARE ANNOUNCES DAY ONE SUPPORT FOR IBM IMS V15.1
Integration Across the Compuware Product Line Helps Joint Customers Quickly Capitalize on New Advances
DETROIT, Oct 30 (Bernama-GLOBE NEWSWIRE) -- Compuware Corporation, the world’s leading mainframe-dedicated software company, is pleased to announce Day One support for IBM IMS V15.1 transactional database on IBM Z. Compuware’s support extends across its product line, including Abend-AID, File-AID, Strobe, Xpediter and COPE, the company’s IMS virtualization solution, as well as Topaz Workbench. Day One interoperability will help shared customers quickly realize the benefits of IBM’s latest IMS enhancements, while increasing efficiencies and reducing costs through virtualization.
“IBM’s IMS solution is already the most trusted name in transactional databases for mainframes. IMS V15.1 builds upon that trust through unmatched encryption and processing capabilities, combined with more dynamic development, scalability, and API openness,” said Compuware CEO Chris O’Malley. “This aligns with our quest to help Compuware customers harness the virtues of the mainframe to achieve greater productivity and competitive advantage in the digital economy.”
IBM IMS is a hierarchical database and transaction processing subsystem for IBM Z mainframes, including the newest incarnation, the z14. The new IBM IMS V15.1 will allow users to fully leverage the z14’s security and throughput enhancements, while also offering greater developer flexibility and platform connectivity within diverse infrastructures. Compuware’s support extends across its developer, operations and test data management solutions and includes COPE, which enables new development images of IMS to be available practically on demand. This significantly reduces delays and costs associated with creating completely new IMS subsystems for critical initiatives.
http://mrem.bernama.com/viewsm.php?idm=30426
DETROIT, Oct 30 (Bernama-GLOBE NEWSWIRE) -- Compuware Corporation, the world’s leading mainframe-dedicated software company, is pleased to announce Day One support for IBM IMS V15.1 transactional database on IBM Z. Compuware’s support extends across its product line, including Abend-AID, File-AID, Strobe, Xpediter and COPE, the company’s IMS virtualization solution, as well as Topaz Workbench. Day One interoperability will help shared customers quickly realize the benefits of IBM’s latest IMS enhancements, while increasing efficiencies and reducing costs through virtualization.
“IBM’s IMS solution is already the most trusted name in transactional databases for mainframes. IMS V15.1 builds upon that trust through unmatched encryption and processing capabilities, combined with more dynamic development, scalability, and API openness,” said Compuware CEO Chris O’Malley. “This aligns with our quest to help Compuware customers harness the virtues of the mainframe to achieve greater productivity and competitive advantage in the digital economy.”
IBM IMS is a hierarchical database and transaction processing subsystem for IBM Z mainframes, including the newest incarnation, the z14. The new IBM IMS V15.1 will allow users to fully leverage the z14’s security and throughput enhancements, while also offering greater developer flexibility and platform connectivity within diverse infrastructures. Compuware’s support extends across its developer, operations and test data management solutions and includes COPE, which enables new development images of IMS to be available practically on demand. This significantly reduces delays and costs associated with creating completely new IMS subsystems for critical initiatives.
http://mrem.bernama.com/viewsm.php?idm=30426
GCP APPLIED TECHNOLOGIES ANNOUNCES PRICE INCREASE
CAMBRIDGE, Mass., Oct 27 (Bernama-GLOBE NEWSWIRE) -- GCP Applied Technologies (NYSE:GCP) has announced that effective January 1, 2018 it is implementing price increases of up to 5% across many of its product lines, or as contract terms allow.
“We are committed to providing customers with high-performing products and industry-leading technical service. This price increase is necessary to meet persistent inflationary pressures, while continuing to allow us to make investments in developing new technologies and systems to support our customers' needs," said Michael Ragan, GCP’s Vice President of Global Sales.
About GCP Applied Technologies
GCP is a leading global provider of construction products technologies that include additives for cement and concrete, the Verifi® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures. More information is available at www.gcpat.com.
Media Relations
Paul Keeffe
+1 617.498.4461
mediainfo@gcpat.com
Investor Relations
Joe DeCristofaro
+1 617.498.2616
investors@gcpat.com
Source : GCP Applied Technologies Inc.
--BERNAMA
“We are committed to providing customers with high-performing products and industry-leading technical service. This price increase is necessary to meet persistent inflationary pressures, while continuing to allow us to make investments in developing new technologies and systems to support our customers' needs," said Michael Ragan, GCP’s Vice President of Global Sales.
About GCP Applied Technologies
GCP is a leading global provider of construction products technologies that include additives for cement and concrete, the Verifi® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures. More information is available at www.gcpat.com.
Media Relations
Paul Keeffe
+1 617.498.4461
mediainfo@gcpat.com
Investor Relations
Joe DeCristofaro
+1 617.498.2616
investors@gcpat.com
Source : GCP Applied Technologies Inc.
--BERNAMA
AGF INTRODUCES REBRAND TO REFLECT FIRM'S EVOLUTION
Brings consistency and discipline to its brand house
TORONTO, Oct 27 (Bernama-GLOBE NEWSWIRE) -- AGF Management Limited (AGF) (TSX:AGF.B) today unveiled a new brand that reflects the firm’s growth strategy, while bringing alignment across its suite of brands.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d24c5b8-5fce-42db-9b65-88b1ed300dc1
“Our rebrand signals the evolution of our story and reflects the disciplined approach we apply to everything we do at AGF -- from how we manage money to serving our clients to driving efficiencies in how we run our business,” said Blake Goldring, Chairman and Chief Executive Officer, AGF. “I’m pleased that we could launch this rebrand as we celebrate our 60th anniversary. It reflects how we are moving forward and looking ahead to the next 60 years.”
The rebrand is yet another step in the advancement of AGF’s strategy, which has grown the firm from their traditional mutual fund roots to a diversified global asset management firm that covers all major market segments and geographies.
Karrie Van Belle, Senior Vice-President, Head of Marketing and Communications joined AGF in October 2016 to lead the rebrand and re-orient AGF in the minds of clients and investors around the world.
“AGF has a great story to tell and through our rebrand we can now deliver that story more effectively,” said Van Belle. “It’s about bringing consistency and discipline to the brand, while modernizing AGF’s identity to show the positive changes AGF has been focused on over the past number of years.”
The rebrand effort was a year-long process that began from a discovery phase to an end creative development phase incorporating feedback from clients, prospects, employees and third-party industry research.
The rebrand also reduces the number of brands AGF manages across their platforms, while bringing alignment across brands like InstarAGF and AGFiQ, which recently announced that its lineup of QuantShare ETFs will be renamed to AGFiQ ETFs (name changes to be effective by early November).
Invested in Discipline
The financial industry is in an era of change. New products and technologies are appearing every day, and the changing needs of investors are evolving the way investment firms provide their services. AGF’s value proposition – brought to market as “Invested in Discipline” and its new corporate mission “To bring stability to the world of investing” -- signal the strategy the firm put in place to deliver best-in-class quality of service; consistent and repeatable investment performance that delivers long-term capital growth with downside protection, and innovative products designed to meet the evolving needs of clients.
This disciplined approach is also driving a culture of change at AGF as the leadership team grows with new talent and promotions; through greater global collaboration across the firm’s investment management teams which now expands across six countries and three continents; and further adopts and strengthens its risk management processes leveraging its factor-based investing and environmental, social and governance best practices across the firm’s investment management platform.
“Over the last few years, we have been focused on remaining relevant to our clients, while delivering on our strategy,” added Goldring. “Today, we are making progress and that has been reflected in our share price, which has appreciated 57% in the last year.”
Early next week, AGF will be launching a new advertising campaign that reflects AGF’s value proposition and corporate mission to bring stability to the world of investing.
New AGF.com
AGF’s new look and feel has also been captured on AGF.com. The streamlined website makes it easier for advisors and their clients to do business with AGF with an improved user experience including, direct access to a product search, a product finder that allows filtering and quick links to fund resources and easier to navigate product pages.
Tiger Logo
As part of the rebrand, AGF is launching an updated tiger logo. AGF first introduced the tiger as its corporate symbol in 1983. At the time, the tiger was presented as a patient, strategic hunter ready to act quickly when circumstances dictate, but prepared to wait for opportunities. When thinking about discipline, there was a natural association with these qualities of the tiger.
“As we move forward, leveraging the existing brand equity and industry familiarity of the tiger made sense,” added Goldring. “The tiger is a part of AGF’s DNA and what better way to preserve our roots than with the symbolism of the tiger, while introducing the new AGF.”
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF strives to help investors succeed by delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With approximately $35 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
Media Contact
Amanda Marchment
Director, Corporate Communications
416-865-4160
amanda.marchment@agf.com
Source : AGF Management Ltd.
--BERNAMA
TORONTO, Oct 27 (Bernama-GLOBE NEWSWIRE) -- AGF Management Limited (AGF) (TSX:AGF.B) today unveiled a new brand that reflects the firm’s growth strategy, while bringing alignment across its suite of brands.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d24c5b8-5fce-42db-9b65-88b1ed300dc1
“Our rebrand signals the evolution of our story and reflects the disciplined approach we apply to everything we do at AGF -- from how we manage money to serving our clients to driving efficiencies in how we run our business,” said Blake Goldring, Chairman and Chief Executive Officer, AGF. “I’m pleased that we could launch this rebrand as we celebrate our 60th anniversary. It reflects how we are moving forward and looking ahead to the next 60 years.”
The rebrand is yet another step in the advancement of AGF’s strategy, which has grown the firm from their traditional mutual fund roots to a diversified global asset management firm that covers all major market segments and geographies.
Karrie Van Belle, Senior Vice-President, Head of Marketing and Communications joined AGF in October 2016 to lead the rebrand and re-orient AGF in the minds of clients and investors around the world.
“AGF has a great story to tell and through our rebrand we can now deliver that story more effectively,” said Van Belle. “It’s about bringing consistency and discipline to the brand, while modernizing AGF’s identity to show the positive changes AGF has been focused on over the past number of years.”
The rebrand effort was a year-long process that began from a discovery phase to an end creative development phase incorporating feedback from clients, prospects, employees and third-party industry research.
The rebrand also reduces the number of brands AGF manages across their platforms, while bringing alignment across brands like InstarAGF and AGFiQ, which recently announced that its lineup of QuantShare ETFs will be renamed to AGFiQ ETFs (name changes to be effective by early November).
Invested in Discipline
The financial industry is in an era of change. New products and technologies are appearing every day, and the changing needs of investors are evolving the way investment firms provide their services. AGF’s value proposition – brought to market as “Invested in Discipline” and its new corporate mission “To bring stability to the world of investing” -- signal the strategy the firm put in place to deliver best-in-class quality of service; consistent and repeatable investment performance that delivers long-term capital growth with downside protection, and innovative products designed to meet the evolving needs of clients.
This disciplined approach is also driving a culture of change at AGF as the leadership team grows with new talent and promotions; through greater global collaboration across the firm’s investment management teams which now expands across six countries and three continents; and further adopts and strengthens its risk management processes leveraging its factor-based investing and environmental, social and governance best practices across the firm’s investment management platform.
“Over the last few years, we have been focused on remaining relevant to our clients, while delivering on our strategy,” added Goldring. “Today, we are making progress and that has been reflected in our share price, which has appreciated 57% in the last year.”
Early next week, AGF will be launching a new advertising campaign that reflects AGF’s value proposition and corporate mission to bring stability to the world of investing.
New AGF.com
AGF’s new look and feel has also been captured on AGF.com. The streamlined website makes it easier for advisors and their clients to do business with AGF with an improved user experience including, direct access to a product search, a product finder that allows filtering and quick links to fund resources and easier to navigate product pages.
Tiger Logo
As part of the rebrand, AGF is launching an updated tiger logo. AGF first introduced the tiger as its corporate symbol in 1983. At the time, the tiger was presented as a patient, strategic hunter ready to act quickly when circumstances dictate, but prepared to wait for opportunities. When thinking about discipline, there was a natural association with these qualities of the tiger.
“As we move forward, leveraging the existing brand equity and industry familiarity of the tiger made sense,” added Goldring. “The tiger is a part of AGF’s DNA and what better way to preserve our roots than with the symbolism of the tiger, while introducing the new AGF.”
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF strives to help investors succeed by delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With approximately $35 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
Media Contact
Amanda Marchment
Director, Corporate Communications
416-865-4160
amanda.marchment@agf.com
Source : AGF Management Ltd.
--BERNAMA
Friday, 27 October 2017
RDC RECOGNIZED IN CHARTIS RISKTECH 100 REPORT
Ranked in most comprehensive, independent study of the world’s best risk and compliance technology companies
NEW YORK & LONDON, Oct 27 (Bernama-BUSINESS WIRE) -- RDC, the Smarter ScreeningTM company, today announced it is being recognized as a global leader in compliance screening by Chartis, an authority on risk and compliance technology.
http://mrem.bernama.com/viewsm.php?idm=30411
NEW YORK & LONDON, Oct 27 (Bernama-BUSINESS WIRE) -- RDC, the Smarter ScreeningTM company, today announced it is being recognized as a global leader in compliance screening by Chartis, an authority on risk and compliance technology.
http://mrem.bernama.com/viewsm.php?idm=30411
ABIOMED ANNOUNCES Q2 FY 2018 REVENUE OF $132.8 MILLION, UP 29% AND RECORD U.S. PATIENT UTILIZATION, UP 33%
DANVERS, Mass., Oct 27 (Bernama-GLOBE NEWSWIRE) -- Abiomed, Inc. (NASDAQ:ABMD), a leading provider of breakthrough heart support technologies, today reported second quarter fiscal 2018 revenue of $132.8 million, an increase of 29% compared to revenue of $103.0 million for the same period of fiscal 2017. Second quarter fiscal 2018 GAAP net income was $24.5 million or $0.54 per diluted share, compared to GAAP net income of $8.9 million or $0.20 per diluted share for the prior year period.
http://mrem.bernama.com/viewsm.php?idm=30418
http://mrem.bernama.com/viewsm.php?idm=30418
EIB Declares Income Distribution Of 0.027 Sen Per Unit For Fund
KUALA LUMPUR, Oct 23 (Bernama) -- Eastspring Investments Bhd (EIB) has announced a gross income distribution of 0.027 sen per unit for Eastspring Investments Global Target Income Fund for the financial year ended May 31, 2017.
In a statement today, it said, unit holders who had maintained their unit holdings in the fund as at Oct 20, 2017 would be entitled to the income distribution.
EIB is one of the leading asset management companies in Malaysia in both institutional and retail sectors, with over RM40 billion in assets under management in the country as of June 30, 2017.
It manages unit trust funds, wholesale funds and private mandates.
-- BERNAMA
In a statement today, it said, unit holders who had maintained their unit holdings in the fund as at Oct 20, 2017 would be entitled to the income distribution.
EIB is one of the leading asset management companies in Malaysia in both institutional and retail sectors, with over RM40 billion in assets under management in the country as of June 30, 2017.
It manages unit trust funds, wholesale funds and private mandates.
-- BERNAMA
NASDAQ REPORTS THIRD QUARTER 2017 RESULTS; DELIVERS STRONG PROFITABILITY AND INCOME GROWTH
- Net revenues1 were a record $607 million in the third quarter of 2017, an increase of 4% compared to the third quarter of 2016. Subscription and recurring revenues, which includes revenues from our Corporate Services, Information Services and Market Technology segments, as well as our Trade Management Services business, increased 5% compared to prior year period and represented 76% of total net revenues in the third quarter of 2017.
- GAAP operating margin increased to 43% in the third quarter of 2017, up from 40% in the third quarter of 2016 while non-GAAP operating margin2 rose to 48% in the third quarter of 2017, up from 46% in the third quarter of 2016.
- Third quarter 2017 GAAP diluted EPS was $1.01, while non-GAAP diluted EPS was $1.06, both including a positive $0.04 per share impact from changes in share-based tax accounting.3 Compared to the third quarter of 2016, GAAP diluted EPS increased $0.24, or 31%, while non-GAAP diluted EPS increased $0.15, or 16%.
- Through the first nine months of 2017, the company has returned $355 million to shareholders, which includes $180 million in dividends and $175 million in share repurchases.
NEW YORK, Oct 26 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the third quarter of 2017. Third quarter 2017 net revenues were $607 million, up $22 million or 4% from $585 million in the prior year period. The third quarter increase in net revenues included a $15 million, or 3%, increase due to organic growth and a $7 million favorable impact due to changes in foreign exchange rates.
“We achieved strong results in the third quarter due in large part to success in delivering on our 2017 execution priorities, including successfully integrating the 2016 acquisitions, improving our competitive positioning across the franchise and commercializing key technologies," said Adena Friedman, President and CEO, Nasdaq. "Additionally, we completed a strategic review and initiated a business pivot to move more of our resources behind our most sizable growth opportunities. Initial actions supporting this new direction include organic investment in our Market Technology and Information Services businesses. Additionally, we completed the acquisitions of eVestment and Sybenetix, and made the decision to explore strategic alternatives for our Public Relations Solutions and Digital Media Services businesses within our Corporate Solutions business."
Mrs. Friedman continued, "We also remain very focused on advancing capital markets reform and to that effect, were pleased to see the U.S. Treasury supporting many of the proposals put forth in our May 2017 blueprint to revitalize the U.S. capital markets,4 which champions reforms and initiatives that we believe improve the public company experience and advance the U.S. economy. We look forward to continue advocating on behalf of our clients in this area.”
1 Represents revenues less transaction-based expenses.
2 Refer to our reconciliations of U.S. GAAP to non-GAAP net income, diluted earnings per share, operating income and operating expenses, included in the attached schedules.
3 In the first quarter of 2017, we adopted new accounting guidance which requires us to recognize the tax effect related to the vesting of share-based awards in income tax expense in the statements of income rather than in equity.
4 For more information, please see http://business.nasdaq.com/revitalize
http://mrem.bernama.com/viewsm.php?idm=30403
- GAAP operating margin increased to 43% in the third quarter of 2017, up from 40% in the third quarter of 2016 while non-GAAP operating margin2 rose to 48% in the third quarter of 2017, up from 46% in the third quarter of 2016.
- Third quarter 2017 GAAP diluted EPS was $1.01, while non-GAAP diluted EPS was $1.06, both including a positive $0.04 per share impact from changes in share-based tax accounting.3 Compared to the third quarter of 2016, GAAP diluted EPS increased $0.24, or 31%, while non-GAAP diluted EPS increased $0.15, or 16%.
- Through the first nine months of 2017, the company has returned $355 million to shareholders, which includes $180 million in dividends and $175 million in share repurchases.
NEW YORK, Oct 26 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the third quarter of 2017. Third quarter 2017 net revenues were $607 million, up $22 million or 4% from $585 million in the prior year period. The third quarter increase in net revenues included a $15 million, or 3%, increase due to organic growth and a $7 million favorable impact due to changes in foreign exchange rates.
“We achieved strong results in the third quarter due in large part to success in delivering on our 2017 execution priorities, including successfully integrating the 2016 acquisitions, improving our competitive positioning across the franchise and commercializing key technologies," said Adena Friedman, President and CEO, Nasdaq. "Additionally, we completed a strategic review and initiated a business pivot to move more of our resources behind our most sizable growth opportunities. Initial actions supporting this new direction include organic investment in our Market Technology and Information Services businesses. Additionally, we completed the acquisitions of eVestment and Sybenetix, and made the decision to explore strategic alternatives for our Public Relations Solutions and Digital Media Services businesses within our Corporate Solutions business."
Mrs. Friedman continued, "We also remain very focused on advancing capital markets reform and to that effect, were pleased to see the U.S. Treasury supporting many of the proposals put forth in our May 2017 blueprint to revitalize the U.S. capital markets,4 which champions reforms and initiatives that we believe improve the public company experience and advance the U.S. economy. We look forward to continue advocating on behalf of our clients in this area.”
1 Represents revenues less transaction-based expenses.
2 Refer to our reconciliations of U.S. GAAP to non-GAAP net income, diluted earnings per share, operating income and operating expenses, included in the attached schedules.
3 In the first quarter of 2017, we adopted new accounting guidance which requires us to recognize the tax effect related to the vesting of share-based awards in income tax expense in the statements of income rather than in equity.
4 For more information, please see http://business.nasdaq.com/revitalize
http://mrem.bernama.com/viewsm.php?idm=30403
UNISYS WINS PAYLOAD ASIA CUSTOMER CHOICE AWARD FOR IT SERVICE PROVIDER OF THE YEAR FOR EXCELLENCE IN AIR CARGO
SINGAPORE, Oct 26 (Bernama-AsiaNet) --
| Innovative cargo solution Digistics receives customer choice title after winning popular online vote for ability to support digital transformation across supply chain Unisys Corporation (http://www.unisys.com/) (NYSE: UIS) today announced that it has won the Customer Choice Award for IT Service Provider of the Year at the Payload Asia Awards (http://awards.payloadasia.com/) , honouring innovation and excellence in the air cargo supply chain. Unisys was recognised for Digistics(TM) (http://www.unisys.com/digistics), a holistic and integrated digital logistics solution that enables air cargo carriers to streamline their freight management and improve operational efficiencies. The awards, hosted by leading industry publisher Payload Asia (http://www.payloadasia.com/), were presented in Singapore on 12 October 2017. Determined by popular online voting, the awards spotlight air cargo supply chain companies that have excelled despite a challenging global air freight market – demonstrating agility, innovation and superior strategic planning – and having a beneficial impact on market trends. Digistics features a modern, cloud-based architecture that greatly improves a carrier’s speed to market, while advanced analytics and machine learning technologies analyse past, present and future data to optimise supply chain operations and route planning. The cloud-based solution allows for seamless integration into existing systems and supports multiple device types – including mobile devices, tablets, touchscreen devices, and PCs – enabling a more agile, digital workspace. "This award is a testament to our clients as much as it is to us," said Tony Windever, vice president and general manager, Unisys Asia Pacific. "We have seen first-hand the commitment and dedication our clients have toward embracing digital transformation to foundationally transform their business operations, and through our partnership and collaboration, have developed software to meet those most critical business needs." This acknowledgement is the latest recognition for Unisys cargo capabilities. In July, Unisys’ predictive freight capability was honoured ( http://www.unisys.com/industries/commercial/transportation/news%20release/unisys-wins-three-icmg-awards) at the ICMG 2017 Australasian & Asia Pacific Architecture Excellence Awards, and in September, Digistics won the global award ( http://www.unisys.com/offerings/advanced-analytics/news%20release/unisys-predictive-freight-wins-global-icmg-award) for "Best Software Architecture" at the ICMG 2017 USA Architecture Excellence Awards. Digistics is the first comprehensive digital air cargo solution that offers catalogue-based disruptive solutions via the cloud, providing end-to-end functionality from operations to route planning. The solution bridges the gap to the digital age of travel and transportation, leveraging advanced analytics – powered by machine learning – to help carriers improve their speed-to-market while also reducing costs. "The increasing list of third-party awards and recognition validates and supports our approach to transforming supply chain operations. We are thankful to our customers and business partners in further endorsing Digistics as their choice of product for air cargo operations," said Dheeraj Kohli ( http://www.unisys.com/industries/commercial/transportation/Thought%20Leader/dheeraj-kohli-id-2838) , vice president and global head of Travel and Transportation for Unisys. Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry ( http://www.unisys.com/industries/commercial/transportation). Unisys cargo solutions are used by many of the world's leading carriers, who collaborate via the Unisys Cargo User Group (UCUG). Unisys and UCUG members have worked with the International Air Transport Association (IATA) for more than 20 years on initiatives such as e-Freight, Cargo iQ and XML messaging. About Unisys Unisys is a global information technology company that specialises in providing industry-focused solutions integrated with leading-edge security to clients in the government, financial services and commercial markets. Unisys offerings include security solutions, advanced data analytics, cloud and infrastructure services, application services and application and server software. For more information, visit www.unisys.com. About Unisys Asia Pacific In Asia Pacific, Unisys delivers services and solutions to clients in more than 15 countries across the region. For more information visit: www.unisys.com.sg. Follow us on twitter @UnisysAPAC (https://twitter.com/UnisysAPAC), LinkedIn (https://www.linkedin.com/company/Unisys), and in China on: www.weibo.com/unisyschina and WeChat Official Account: Unisys China. Contacts: Asia Pacific: Claire Hosegood, Unisys Asia Pacific, +61 411 253 663 claire.hosegood@au.unisys.com Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder. SOURCE: Unisys Asia Pacific --BERNAMA |
COLLIERS INTERNATIONAL BOLSTERS LEADERSHIP TEAM
LOS ANGELES, Oct 27 (Bernama-GLOBE NEWSWIRE) -- Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) and (TSX:CIGI) today announced that Gil Borok has joined the company as Chief Operating Officer | USA. Borok, a seasoned commercial real estate services executive, will be responsible for managing the operations and finances of Colliers’ rapidly growing U.S. business.
“Colliers has grown significantly in both size and scale over the past few years while maintaining a relentless focus on serving clients and professionals at the highest levels,” said Marty Pupil, President | U.S. Brokerage. “Attracting a high caliber operations and finance executive like Gil is further evidence of our commitment to growth and operational effectiveness as we continue to strengthen our operations in the most important market in the world.”
Borok has unsurpassed experience in financial and operations management, having spent the last 15 years in leadership positions within the commercial real estate industry, most recently at CBRE as Deputy Chief Financial Officer and Chief Accounting Officer. He is a certified public accountant in California and earned a B.A. from the University of Pittsburgh and an MBA from the Anderson School of Management at UCLA.
http://mrem.bernama.com/viewsm.php?idm=30416
“Colliers has grown significantly in both size and scale over the past few years while maintaining a relentless focus on serving clients and professionals at the highest levels,” said Marty Pupil, President | U.S. Brokerage. “Attracting a high caliber operations and finance executive like Gil is further evidence of our commitment to growth and operational effectiveness as we continue to strengthen our operations in the most important market in the world.”
Borok has unsurpassed experience in financial and operations management, having spent the last 15 years in leadership positions within the commercial real estate industry, most recently at CBRE as Deputy Chief Financial Officer and Chief Accounting Officer. He is a certified public accountant in California and earned a B.A. from the University of Pittsburgh and an MBA from the Anderson School of Management at UCLA.
http://mrem.bernama.com/viewsm.php?idm=30416
Thursday, 26 October 2017
FUSIONEX WINS GIANT 2017 CONTRACT WITH LEADING ASIAN BANK
SINGAPORE, Oct 26 (Bernama-BUSINESS WIRE) -- Fusionex, a multi award-winning, leading software solutions provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence, and Deep Learning, has won a multi-year contract with a leading Asian bank to deploy GIANT 2017, providing crucial business intelligence and insights for key decision makers to make informed judgements and decisions.
The significant contract will see GIANT 2017 being rolled out to help grow and bolster the client’s vision of becoming a one-stop financing and business development centre, helping the client’s customers meet their financing needs and supporting their growth via business advisory services.
Being able to connect to a wide variety and huge volume of data formats and sources, GIANT 2017 will consolidate the client’s disparate information with speed. This also gives decision makers a bird’s eye view of each bank branch’s performance, strengths, and weaknesses, all of which will better assist them with planning and strategizing.
http://mrem.bernama.com/viewsm.php?idm=30405
The significant contract will see GIANT 2017 being rolled out to help grow and bolster the client’s vision of becoming a one-stop financing and business development centre, helping the client’s customers meet their financing needs and supporting their growth via business advisory services.
Being able to connect to a wide variety and huge volume of data formats and sources, GIANT 2017 will consolidate the client’s disparate information with speed. This also gives decision makers a bird’s eye view of each bank branch’s performance, strengths, and weaknesses, all of which will better assist them with planning and strategizing.
http://mrem.bernama.com/viewsm.php?idm=30405
GUIDELINES SET FOR CHIBA AQUALINE MARATHON 2018: "TEAM RACE," "OFFICIAL APP" TO BE NEWLY INTRODUCED
CHIBA, Japan, Oct. 26, 2017 /Kyodo JBN-AsiaNet/ --
The Chiba Aqualine Marathon Planning Committee decided on guidelines for organizing the Chiba Aqualine Marathon 2018 when it held its 10th general meeting on October 25.
The Chiba Aqualine Marathon, designed to "run along the sea" through the bridge section of the Tokyo Bay Aqualine Expressway, will be staged in autumn next year for the first time in two years.
http://mrem.bernama.com/viewsm.php?idm=30404
The Chiba Aqualine Marathon Planning Committee decided on guidelines for organizing the Chiba Aqualine Marathon 2018 when it held its 10th general meeting on October 25.
The Chiba Aqualine Marathon, designed to "run along the sea" through the bridge section of the Tokyo Bay Aqualine Expressway, will be staged in autumn next year for the first time in two years.
http://mrem.bernama.com/viewsm.php?idm=30404
GMO INTERNET'S BITCOIN MINING BUSINESS LAUNCHES TOKEN SALE (ICO) FOR THE SALES OF NEXT-GENERATION MINING BOARDS
TOKYO, Oct 25 (Bernama-GLOBE NEWSWIRE) -- GMO Internet’s (https://ir.gmo.jp/en/) Bitcoin mining business will launch a token sale (ICO) in 2018, the purpose of which is to sell next-generation mining boards. We will issue tokens as a method to buy next-generation mining boards.
GMO Internet’s Bitcoin mining business
Cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply to operate and cool the computers. Accordingly, GMO Internet is currently preparing to provide the following with an aim to enter the Bitcoin mining business.
GMO Internet’s Bitcoin mining business
Cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply to operate and cool the computers. Accordingly, GMO Internet is currently preparing to provide the following with an aim to enter the Bitcoin mining business.
- We will use cutting-edge 7 nm process technology for chips to be used in the mining process, and are currently working on its research and development with our alliance partner having semiconductor design technology to realize high performance computer for mining. It will be possible to reduce power consumption compared to the existing mining machines with the same performance, and achieve a computational performance of 10TH/s per chip.
- In terms of power supply, we will operate a next-generation mining center utilizing plentiful renewable energy in Northern Europe, and secure clean and inexpensive power supply, which will allow us to control the costs of operating facilities. After preparing the facilities, we will launch the mining based on ready-made mining computers by December 31, 2017, which will lead to the full-scale entry into the Bitcoin mining business.
After the launch of the Bitcoin mining business, we will also sell our own next-generation mining boards.
Launching token sale for the sales of next-generation mining boards
GMO Internet’s Bitcoin mining business will launch a token sale (ICO) in 2018, planning the sales of next-generation mining boards.
We will consider properly the laws and regulations that are applicable to us under the current legislation including Payment Services Act and the Financial Instrument and Exchange Act, and will be conscious of the protection of token purchasers and stakeholders’ profits when designing the token sale.
Press Inquiries
GMO Internet Group
Group Public / Investor Relations
TEL: +81-3-5456-2695
Email: pr@gmo.jp
Source : GMO Internet, Inc.
--BERNAMA
Launching token sale for the sales of next-generation mining boards
GMO Internet’s Bitcoin mining business will launch a token sale (ICO) in 2018, planning the sales of next-generation mining boards.
We will consider properly the laws and regulations that are applicable to us under the current legislation including Payment Services Act and the Financial Instrument and Exchange Act, and will be conscious of the protection of token purchasers and stakeholders’ profits when designing the token sale.
Press Inquiries
GMO Internet Group
Group Public / Investor Relations
TEL: +81-3-5456-2695
Email: pr@gmo.jp
Source : GMO Internet, Inc.
--BERNAMA
MYTOYS DELIVERS ORACLE E-BUSINESS SUITE PROJECTS FASTER USING DELPHIX DYNAMIC DATA PLATFORM
Top European family shopping retailer selects Delphix to reduce time-to-market, improve software quality, offer faster disaster recovery, accelerate financial close and reduce costs
FRANKFURT, Germany and REDWOOD CITY, Calif., Oct 26 (Bernama-GLOBE NEWSWIRE) -- Delphix, the company that has changed the dynamics of managing and consuming data, today announced top online retailer myToys has selected the Delphix Dynamic Data Platform to support their Oracle E-Business Suite (EBS) projects and drive continuous innovation.
myToys uses Oracle EBS to run everything from purchasing, finance and accounting to order/ inventory management, customer service and logistics. By adopting the Delphix Dynamic Data Platform, myToys expects to use secure, up-to-date data to improve application development and testing processes, reduce time-to-market and improve quality.
http://mrem.bernama.com/viewsm.php?idm=30401
FRANKFURT, Germany and REDWOOD CITY, Calif., Oct 26 (Bernama-GLOBE NEWSWIRE) -- Delphix, the company that has changed the dynamics of managing and consuming data, today announced top online retailer myToys has selected the Delphix Dynamic Data Platform to support their Oracle E-Business Suite (EBS) projects and drive continuous innovation.
myToys uses Oracle EBS to run everything from purchasing, finance and accounting to order/ inventory management, customer service and logistics. By adopting the Delphix Dynamic Data Platform, myToys expects to use secure, up-to-date data to improve application development and testing processes, reduce time-to-market and improve quality.
http://mrem.bernama.com/viewsm.php?idm=30401
SKYBOX SECURITY RAISES $150 MILLION LED BY CVC CAPITAL PARTNERS' GROWTH FUND WITH PARTICIPATION FROM PANTHEON
SAN JOSE, Calif., Oct 25 (Bernama-GLOBE NEWSWIRE) -- Skybox™ Security, a global leader in cybersecurity management, announced today the company signed a definitive agreement to receive a $150 million growth equity investment led by CVC Capital Partners’ Growth Fund (CVC Growth) for $100 million, with participation from Pantheon for $50 million. CVC Capital Partners is a leading private equity and investment advisory firm, and Pantheon is a prominent global investor in private equity, infrastructure and real assets.
Based in Silicon Valley, Skybox has a compound annual growth rate (CAGR) of 46 percent and positive cash flow (2014 – 2016). This round of funding will enable an accelerated investment in sales and marketing, customer care and R&D. It will also be used for potential M&A activity, to capitalize on the approximately $10 billion market opportunity in cybersecurity management.
http://mrem.bernama.com/viewsm.php?idm=30390
Based in Silicon Valley, Skybox has a compound annual growth rate (CAGR) of 46 percent and positive cash flow (2014 – 2016). This round of funding will enable an accelerated investment in sales and marketing, customer care and R&D. It will also be used for potential M&A activity, to capitalize on the approximately $10 billion market opportunity in cybersecurity management.
http://mrem.bernama.com/viewsm.php?idm=30390
GLOBAL INFRASTRUCTURE PARTNERS III ANNOUNCES AGREEMENT TO ACQUIRE 100% OF EQUIS ENERGY ALONGSIDE PSP INVESTMENTS AND CIC CAPITAL
New York, Oct 25 (Bernama-GLOBE NEWSWIRE) -- Global Infrastructure Partners (“GIP”), a leading independent global infrastructure investor, announced today that its fund, Global Infrastructure Partners III -- in conjunction with the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investment managers, CIC Capital Corporation (“CIC Capital”) and a group of its other Limited Partner Co-Investors -- has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group (“Equis Energy”) for USD3.7 billion.
Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region (“APAC”). Equis Energy is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines, India and Thailand. Equis Energy invests in countries with favourable regulatory regimes and supportive power market dynamics. As of today, Equis Energy has developed a portfolio of 1.9 GW of operational, construction and shovel-ready solar PV and onshore wind assets. In addition, Equis Energy owns a promising long-term development pipeline comprised of over 115 projects representing 9.1 GW.
Equis Energy places a strong emphasis on building strong management capabilities in each country. It employs over 300 dedicated professionals with industry-leading sector expertise. Its management capabilities span the entire renewable project value chain: origination, permitting, design, procurement, construction, financing and operations. Since its inception in 2012, Equis Energy has organically developed and built 100 percent of its portfolio. The company is focused on retaining full control of its projects, which has resulted in superior speed of execution and an enhanced success rate for its development projects. This operating strategy has driven the strong growth of the platform. The operating assets generate stable earnings, which are underpinned by fixed, long-term offtake agreements.
The Equis Energy Transaction is subject to customary regulatory closing conditions, and is expected to close in the first quarter of 2018.
Adebayo Ogunlesi, Chairman and Managing Partner of GIP said: “We are excited by the new investment in Equis Energy which is a strong fit with GIP’s global renewable investment strategy. Equis Energy is a unique success story in the APAC region as it has systematically executed its growth strategy since its founding five years ago. In that period, Equis Energy has become one of the leading renewable energy platforms in the region, with a best-in-class business model, a high-quality asset portfolio and an outstanding management team. We look forward to continuing the Equis Energy success story in the years to come and to supporting new growth opportunities in one of the most promising renewable energy markets in the world.”
About Global Infrastructure Partners
GIP is an independent infrastructure fund manager that combines deep industry expertise with industrial best practice operational management. GIP’s current equity fund, Global Infrastructure Partners III, makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors where GIP possesses deep experience and strong relationships.
For more information, visit www.global-infra.com
About PSP Investments
PSP Investments is one of Canada's largest pension investment managers with C$135.6 billion of net assets under management as at March 31, 2017. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt.
PSP Investments is committed to renewable energy, with six direct investments and net owned capacity of approximately 3 GW. Its investment strategy in the renewables space complements its diversified global portfolio, adding the potential for increased returns with decreased risk, and a lower carbon footprint.
For more information, visit www.investpsp.com
About CIC Capital
CIC Capital, a wholly-owned direct subsidiary of China Investment Corporation (“CIC”), was incorporated in January 2015 with a mandate to specialise in making direct investments to refine CIC’s overall portfolio management and enhance investment on long-term assets. As CIC’s direct investment arm, CIC Capital is mandated to make direct investments and manage bilateral and multilateral fund investment in order to pursue long-term returns and promote international investment cooperation. CIC Capital is a market-oriented commercial entity with a specialised mandate and global reach.
For more information, visit www.china-inv.cn
Jack Cowell
Global Infrastructure Partners
212 315 8133
Jack.Cowell@global-infra.com
Source : Global Infrastructure Partners
--BERNAMA
Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region (“APAC”). Equis Energy is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines, India and Thailand. Equis Energy invests in countries with favourable regulatory regimes and supportive power market dynamics. As of today, Equis Energy has developed a portfolio of 1.9 GW of operational, construction and shovel-ready solar PV and onshore wind assets. In addition, Equis Energy owns a promising long-term development pipeline comprised of over 115 projects representing 9.1 GW.
Equis Energy places a strong emphasis on building strong management capabilities in each country. It employs over 300 dedicated professionals with industry-leading sector expertise. Its management capabilities span the entire renewable project value chain: origination, permitting, design, procurement, construction, financing and operations. Since its inception in 2012, Equis Energy has organically developed and built 100 percent of its portfolio. The company is focused on retaining full control of its projects, which has resulted in superior speed of execution and an enhanced success rate for its development projects. This operating strategy has driven the strong growth of the platform. The operating assets generate stable earnings, which are underpinned by fixed, long-term offtake agreements.
The Equis Energy Transaction is subject to customary regulatory closing conditions, and is expected to close in the first quarter of 2018.
Adebayo Ogunlesi, Chairman and Managing Partner of GIP said: “We are excited by the new investment in Equis Energy which is a strong fit with GIP’s global renewable investment strategy. Equis Energy is a unique success story in the APAC region as it has systematically executed its growth strategy since its founding five years ago. In that period, Equis Energy has become one of the leading renewable energy platforms in the region, with a best-in-class business model, a high-quality asset portfolio and an outstanding management team. We look forward to continuing the Equis Energy success story in the years to come and to supporting new growth opportunities in one of the most promising renewable energy markets in the world.”
About Global Infrastructure Partners
GIP is an independent infrastructure fund manager that combines deep industry expertise with industrial best practice operational management. GIP’s current equity fund, Global Infrastructure Partners III, makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors where GIP possesses deep experience and strong relationships.
For more information, visit www.global-infra.com
About PSP Investments
PSP Investments is one of Canada's largest pension investment managers with C$135.6 billion of net assets under management as at March 31, 2017. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt.
PSP Investments is committed to renewable energy, with six direct investments and net owned capacity of approximately 3 GW. Its investment strategy in the renewables space complements its diversified global portfolio, adding the potential for increased returns with decreased risk, and a lower carbon footprint.
For more information, visit www.investpsp.com
About CIC Capital
CIC Capital, a wholly-owned direct subsidiary of China Investment Corporation (“CIC”), was incorporated in January 2015 with a mandate to specialise in making direct investments to refine CIC’s overall portfolio management and enhance investment on long-term assets. As CIC’s direct investment arm, CIC Capital is mandated to make direct investments and manage bilateral and multilateral fund investment in order to pursue long-term returns and promote international investment cooperation. CIC Capital is a market-oriented commercial entity with a specialised mandate and global reach.
For more information, visit www.china-inv.cn
Jack Cowell
Global Infrastructure Partners
212 315 8133
Jack.Cowell@global-infra.com
Source : Global Infrastructure Partners
--BERNAMA
Wednesday, 25 October 2017
CORPORATE R&D SPENDING HITS RECORD HIGHS FOR THE TOP 1000, DESPITE CONCERNS OF ECONOMIC PROTECTIONISM
- Annual worldwide R&D spending breaks through $700bn for the top 1000 corporate R&D spenders for first time
- 25% of executives surveyed reported having already experienced some pressure to change how or where they conduct innovation
- Amazon is the world’s largest corporate spender on R&D at over $16bn
- Alphabet surpasses Apple, according to a global survey of R&D executives, as the Most Innovative Company and for the first time a Chinese company, Alibaba joins the Top 10 Most Innovative Companies list
NEW YORK, Oct 24 (Bernama-GLOBE NEWSWIRE) -- Annual worldwide corporate R&D spending broke through $700bn in annual investment, according to an annual analysis of R&D spending across 1000 global public companies by PwC’s Strategy&.
It shows corporate R&D spending increased a steady 3% in the past year, bouncing back from less than 1% increase previously.
However, in a global survey with 562 executive participants, R&D leaders expressed concerns about the growing heat of rhetoric about economic nationalism – and its potential impact on where companies invest in R&D how they conduct innovation.
Overall, 52% of respondents say that a general move toward economic nationalism will have a moderate or significant impact on their companies’ R&D efforts.
Major companies have been conducting some R&D outside their headquarters countries for decades. In 2015 it was determined that 94% of major corporations conduct their R&D in multiple countries. But increasing attention on regulations and policies for visas, labor movement, and the regulations governing the sharing of knowledge and technology are causing some companies to question how sustainable their integrated global innovation networks are.
- Amazon is the world’s largest corporate spender on R&D at over $16bn
- Alphabet surpasses Apple, according to a global survey of R&D executives, as the Most Innovative Company and for the first time a Chinese company, Alibaba joins the Top 10 Most Innovative Companies list
NEW YORK, Oct 24 (Bernama-GLOBE NEWSWIRE) -- Annual worldwide corporate R&D spending broke through $700bn in annual investment, according to an annual analysis of R&D spending across 1000 global public companies by PwC’s Strategy&.
It shows corporate R&D spending increased a steady 3% in the past year, bouncing back from less than 1% increase previously.
However, in a global survey with 562 executive participants, R&D leaders expressed concerns about the growing heat of rhetoric about economic nationalism – and its potential impact on where companies invest in R&D how they conduct innovation.
Overall, 52% of respondents say that a general move toward economic nationalism will have a moderate or significant impact on their companies’ R&D efforts.
Major companies have been conducting some R&D outside their headquarters countries for decades. In 2015 it was determined that 94% of major corporations conduct their R&D in multiple countries. But increasing attention on regulations and policies for visas, labor movement, and the regulations governing the sharing of knowledge and technology are causing some companies to question how sustainable their integrated global innovation networks are.
TATA STARBUCKS REAFFIRMS GROWTH IN INDIA WITH ENTRY INTO KOLKATA IN 2018 AND COMMITMENT TO SOCIAL IMPACT PROGRAMS
MUMBAI, India, Oct 25 (Bernama-BUSINESS WIRE) -- Tata Starbucks Private Limited, the 50/50 joint venture between Starbucks Coffee Company (Nasdaq: SBUX) and Tata Global Beverages Limited, today celebrated the opening of its 100th store located in Mumbai and its five-year anniversary in India with a series of strategic initiatives that reaffirm its long-term commitment to the market.
"As we continue on our journey with Tata, a company that shares the same values and vision for growth, we remain committed to earning the trust and respect of our Indian customers through the unparalleled Starbucks Experience," said John Culver, group president, Starbucks International and Channel Development. "At the core of this experience are our Indian partners, who proudly represent the more than 330,000 Starbucks partners around the world, and through their dedication and passion have created a strong foundation for Starbucks as we expand to new cities across India in the years to come."
"As we continue on our journey with Tata, a company that shares the same values and vision for growth, we remain committed to earning the trust and respect of our Indian customers through the unparalleled Starbucks Experience," said John Culver, group president, Starbucks International and Channel Development. "At the core of this experience are our Indian partners, who proudly represent the more than 330,000 Starbucks partners around the world, and through their dedication and passion have created a strong foundation for Starbucks as we expand to new cities across India in the years to come."
MYNETFONE & SYMBIO NETWORKS TO DEPLOY CLOUD UNIFIED COMMUNICATIONS SERVICES (UCAAS) WITH BROADSOFT BUSINESS
MyNetFone Service to Target Enterprise and Government Clients with Next Generation Cloud Unified Communications and PBX Services in Australia and New Zealand
MELBOURNE, Australia and GAITHERSBURG, Md., Oct 24 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and a leading provider of collaboration and contact center as a service (CCaaS), today announced an agreement with Symbio Networks to provision BroadSoft Business UCaaS services in Australia and New Zealand. Symbio Networks’ retail sister company, MyNetFone, will market a full suite of voice and team collaboration services based on the BroadSoft Business UC-One application to enterprise and government customers commencing in the first calendar quarter of 2018.
Symbio Networks operates Australia’s smart voice network with a focus on delivering future-proof communication solutions. The company has a record of innovation in voice communications with a number of industry awards, including ACOMMs, iAwards and Edisons. Retail arm MyNetFone is an industry disruptor facilitating the migration of voice services to the cloud for enterprises, SMEs and consumers.
Jonathan Reid, Managing Director, Asia Pacific and Emerging Markets, BroadSoft, said, “There is a clear global trend where large enterprises and government agencies are shifting from premise systems to cloud Unified Communications services. We look forward to working closely with the Symbio and MyNetFone team and believe they will help accelerate this trend with customers in Australia and New Zealand."
MELBOURNE, Australia and GAITHERSBURG, Md., Oct 24 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and a leading provider of collaboration and contact center as a service (CCaaS), today announced an agreement with Symbio Networks to provision BroadSoft Business UCaaS services in Australia and New Zealand. Symbio Networks’ retail sister company, MyNetFone, will market a full suite of voice and team collaboration services based on the BroadSoft Business UC-One application to enterprise and government customers commencing in the first calendar quarter of 2018.
Symbio Networks operates Australia’s smart voice network with a focus on delivering future-proof communication solutions. The company has a record of innovation in voice communications with a number of industry awards, including ACOMMs, iAwards and Edisons. Retail arm MyNetFone is an industry disruptor facilitating the migration of voice services to the cloud for enterprises, SMEs and consumers.
Jonathan Reid, Managing Director, Asia Pacific and Emerging Markets, BroadSoft, said, “There is a clear global trend where large enterprises and government agencies are shifting from premise systems to cloud Unified Communications services. We look forward to working closely with the Symbio and MyNetFone team and believe they will help accelerate this trend with customers in Australia and New Zealand."
Tuesday, 24 October 2017
FOLLOWING FOUR YEARS OF FMCG SLOWDOWN AND EXPLOSIVE DIGITAL GROWTH IN CHINA, SHOPPER ATTITUDE AND LOYALTY TOWARDS BRANDS IS MOSTLY UNCHANGED
Bain & Company and Kantar Worldpanel’s 14th China Shopper Report also finds that the ‘two-speed’ trend continues in first half of 2017
BEIJING, Oct 24 (Bernama-GLOBE NEWSWIRE) -- Following four years of significant growth in China, e-commerce continues to steadily gain acceptance among consumers, bringing about some clear and noticeable changes to shopping and consumption habits. However, according to volume two of Bain & Company and Kantar Worldpanel’s 2017 China shopper report, Keeping up with China’s Shoppers at Two Speeds, the rising digital activity has had little impact on certain key elements of consumer behavior, such as brand loyalty.
http://mrem.bernama.com/viewsm.php?idm=30377
BEIJING, Oct 24 (Bernama-GLOBE NEWSWIRE) -- Following four years of significant growth in China, e-commerce continues to steadily gain acceptance among consumers, bringing about some clear and noticeable changes to shopping and consumption habits. However, according to volume two of Bain & Company and Kantar Worldpanel’s 2017 China shopper report, Keeping up with China’s Shoppers at Two Speeds, the rising digital activity has had little impact on certain key elements of consumer behavior, such as brand loyalty.
http://mrem.bernama.com/viewsm.php?idm=30377
B CAPITAL GROUP MAKES KEY ADDITIONS TO CORE EXECUTIVE TEAM
MANHATTAN BEACH, Calif., Oct 24 (Bernama-BUSINESS WIRE) -- B Capital Group, a global venture capital firm that invests in pioneering healthcare, fintech, industrial logistics, and consumer enablement companies that are scaling worldwide, today announced key appointments to its core executive team, including Howard Morgan as Chairman and Joe Davis as Vice Chairman.
These appointments by B Capital Group will enable the firm to enhance its global-first mentality, blaze a new trail to identify transformative companies, and build enduring businesses that will bridge the gap between startups and corporations, further accelerating their path to scale and success.
http://mrem.bernama.com/viewsm.php?idm=30369
These appointments by B Capital Group will enable the firm to enhance its global-first mentality, blaze a new trail to identify transformative companies, and build enduring businesses that will bridge the gap between startups and corporations, further accelerating their path to scale and success.
http://mrem.bernama.com/viewsm.php?idm=30369
THE 24TH YANGLING AGRICULTURAL HIGH-TECH EXPO TO BE UNVEILED
Yangling, China, Oct. 24, 2017 /Xinhua-AsiaNet/--
The 24th Yangling Agricultural High-tech Expo will be held in Yangling, Shaanxi, China from November 5 to 9. The Expo covers an area of 188,000 square meters. To highlight international cooperation and exchange, the Expo focuses on "boosting agricultural modernization via The Belt & Road". Eight events are to be staged including seminars on the development of modern agriculture and exhibitions of modern agricultural products.
At 34 degrees 16 minutes 56 seconds N and 108 degrees 4 minutes 27 seconds E stands the agricultural city of China-state-level Yangling Agricultural Hi-tech Industries Demonstration Zone (AHIDZ) in Shaanxi, China. In July 1997, the "Special Agricultural Zone" was founded to accomplish the "national mission" of agricultural development in China's arid and semi-arid area.
For the past 23 years since its debut, the Expo has witnessed a growing influence. So far, 26.55 million clients in agricultural industries with more than 10,000 plus enterprises and technology & education units, from 70 plus countries and regions, have participated in the exhibition or the fair. The transaction volume has totaled more than 774.8 billion yuan. The Expo has been certified by Union of International Fairs (UFI). In 2017, The Expo, with 61.59 billion yuan, ranked the top of China Agriculture Brand Value.
As a state-level agricultural high-tech industries demonstration zone, in recent years, through continuous innovation efforts in international cooperation and exchange, the Yangling AHIDZ has set up stable connections with more than 40 countries and regions in terms of agricultural science & technology and industry cooperation. The zone also has close cooperation with such international organizations as the United Nations Food and Agriculture Organization (FAO) and EU Innovation Center etc.. As many as 11 international cooperation platforms, like "China-Canada Agricultural Science and Technology Innovation Center for Arid Area", have been established. More than 120 international scientific and technological cooperation projects have been developed and implemented. More than 150 foreign agricultural scientific and technological achievements and quality varieties have been introduced. More than 50 international cooperation projects between Chinese and foreign companies have been under way.
Via Yangling Expo, more and more foreign clients show increasing interest and actively seek cooperation in western China and the agriculture there, which has brought vitality to the development of Chinese modern agriculture and the transformation of agricultural scientific and technological achievements.
Source: Yangling Agricultural Hi-tech Industries Demonstration Zone (AHIDZ)
Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=299122
http://asianetnews.net/view-attachment?attach-id=299123
The 24th Yangling Agricultural High-tech Expo will be held in Yangling, Shaanxi, China from November 5 to 9. The Expo covers an area of 188,000 square meters. To highlight international cooperation and exchange, the Expo focuses on "boosting agricultural modernization via The Belt & Road". Eight events are to be staged including seminars on the development of modern agriculture and exhibitions of modern agricultural products.
At 34 degrees 16 minutes 56 seconds N and 108 degrees 4 minutes 27 seconds E stands the agricultural city of China-state-level Yangling Agricultural Hi-tech Industries Demonstration Zone (AHIDZ) in Shaanxi, China. In July 1997, the "Special Agricultural Zone" was founded to accomplish the "national mission" of agricultural development in China's arid and semi-arid area.
For the past 23 years since its debut, the Expo has witnessed a growing influence. So far, 26.55 million clients in agricultural industries with more than 10,000 plus enterprises and technology & education units, from 70 plus countries and regions, have participated in the exhibition or the fair. The transaction volume has totaled more than 774.8 billion yuan. The Expo has been certified by Union of International Fairs (UFI). In 2017, The Expo, with 61.59 billion yuan, ranked the top of China Agriculture Brand Value.
As a state-level agricultural high-tech industries demonstration zone, in recent years, through continuous innovation efforts in international cooperation and exchange, the Yangling AHIDZ has set up stable connections with more than 40 countries and regions in terms of agricultural science & technology and industry cooperation. The zone also has close cooperation with such international organizations as the United Nations Food and Agriculture Organization (FAO) and EU Innovation Center etc.. As many as 11 international cooperation platforms, like "China-Canada Agricultural Science and Technology Innovation Center for Arid Area", have been established. More than 120 international scientific and technological cooperation projects have been developed and implemented. More than 150 foreign agricultural scientific and technological achievements and quality varieties have been introduced. More than 50 international cooperation projects between Chinese and foreign companies have been under way.
Via Yangling Expo, more and more foreign clients show increasing interest and actively seek cooperation in western China and the agriculture there, which has brought vitality to the development of Chinese modern agriculture and the transformation of agricultural scientific and technological achievements.
Source: Yangling Agricultural Hi-tech Industries Demonstration Zone (AHIDZ)
Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=299122
http://asianetnews.net/view-attachment?attach-id=299123
ZEROSTACK DELIVERS UNIFIED MULTI-CLOUD APPLICATION DEVELOPMENT PLATFORM LEVERAGING EXISTING HARDWARE ASSETS
Hardware
Ecosystem Now Includes Nutanix, Augmenting Support for HPE, Dell and
SuperMicro, Giving IT, DevOps New Infrastructure Choices
MOUNTAIN VIEW, Calif., Oct 24 (Bernama-BUSINESS WIRE) -- ZeroStack, Inc., creators of the self-driving on-premises cloud, today announced that its cloud platform now runs on Nutanix HCI hardware, expanding choices for IT departments that want to empower their DevOps groups with a software-defined infrastructure that offers SaaS-delivered, multi-cloud operations. Developers can have a consistent platform no matter where they are located while reducing operational complexity and costs.
Developers need a common platform to reduce costs and ensure efficient processes for software development, and budget-constrained IT departments want to gain maximum leverage out of existing hardware. ZeroStack’s Intelligent Cloud Platform is hardware independent, so it enables consistent processes regardless of the hardware used or where the developers access the infrastructure. As a result, developers can create secure private workspaces and build a personal environment suited for them while retaining the ability to interconnect and share their work across sites and teams.
"By extending our hardware support to Nutanix systems, we continue to expand choices for IT departments that want to provide a consistent DevOps platform while maximizing their hardware investments,” said Kamesh Pemmaraju, vice president of product management at ZeroStack. “Our Intelligent Cloud Platform abstracts both the hardware and site locations from the equation and allows developers to quickly and cost-effectively self-provision the tools they need to do their jobs.”
Helpful Links
Suggested Tweet: ZeroStack Delivers Unified Application Development Environment on Nutanix Hardware
About ZeroStack
ZeroStack uses intelligent software to deliver a self-driving, fully integrated private cloud platform that offers the agility and simplicity of public cloud at a fraction of the cost, along with the control, security, and performance of a private cloud. We leverage advances in distributed computing, computer science and AI to self-manage your on-premises cloud coupled with a Software-as-a-Service (SaaS) portal to handle management and operations with complete health monitoring and predictive analytics. Founded by senior engineers from VMware and Google, the company is funded by Formation 8 and Foundation Capital, and is based in Mountain View, California. For more information, visit http://www.zerostack.com or follow us on Twitter @ZeroStackInc.
About ZeroStack
ZeroStack uses intelligent software to deliver a self-driving, fully integrated private cloud platform that offers the agility and simplicity of public cloud at a fraction of the cost, along with the control, security, and performance of a private cloud. We leverage advances in distributed computing, computer science and AI to self-manage your on-premises cloud coupled with a Software-as-a-Service (SaaS) portal to handle management and operations with complete health monitoring and predictive analytics. Founded by senior engineers from VMware and Google, the company is funded by Formation 8 and Foundation Capital, and is based in Mountain View, California. For more information, visit http://www.zerostack.com or follow us on Twitter @ZeroStackInc.
Contacts
StoryPR for ZeroStack
Michael Schoolnik, 415-420-2391
michael@storypr.com
Michael Schoolnik, 415-420-2391
michael@storypr.com
Source: ZeroStack, Inc.
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