GURGAON, India & FINDLAY, Ohio - Thursday, June 13th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Apollo Tyres Ltd (NSE: ApolloTYRE) and Cooper Tire & Rubber Company (NYSE: CTB) today announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at approximately $2.5 billion. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, Cooper stockholders will receive $35.00 per share in cash. The transaction represents a 40% premium to Cooper’s 30-day volume-weighted average price.

This strategic combination will bring together two companies with highly complementary brands, geographic presence, and technological expertise to create a global leader in tire manufacturing and distribution. Apollo, founded in 1972, has an international reputation for high performance tires across a portfolio of well-known premium and mid-tie ... Read more »

Manages the Control Room, Boardroom, Conference Room – and everything in them – bringing display wall control and room automation to new level

ORLANDO, Fla. - Thursday, June 13th 2013 [ME NewsWire]

Product Featured at InfoComm 2013, Jupiter Booth No. 3121100

InfoComm 2013 InfoComm 2013:Jupiter Systems

(BUSINESS WIRE)-- Jupiter Systems, the leading worldwide supplier of visualization and collaboration solutions for video walls, PCs, and mobile devices, introduced today the launch of its new TouchCommandTM multi-touch system for display wall control and room automation. The TouchCommand product is designed to support Jupiter Systems’ line of Fusion CatalystTM display wall processors and PixelNet® distributed display wall systems.

"TouchCommand creates a new level of display wall control by uniting all aspects of control room management on a single screen,” said Brady O. Bruce, Vice President of Marketing and Strategic Alliances at Jupiter Systems. ... Read more »

High functional density multistream decoder for public safety management, security monitoring, traffic management, military command & control, and other applications Products Featured at InfoComm 2013, Jupiter Booth No. 3121 InfoComm 2013 Booth No. 3121

ORLANDO, Fla. - Thursday, June 13th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Jupiter Systems, the industry leader in collaborative visualization solutions for display walls, PCs, and mobile devices, announces the launch of its new StreamCenterTM multistream video decoder for its patented PixelNet® distributed display wall system.

StreamCenter was designed to support the needs of businesses and government agencies with dozens, hundreds or even thousands of video streams to monitor. StreamCenter is ideal for applications including public safety management, security monitoring, traffic management, military command and control, and any other enterprise that relies on video streams for situational awareness.

3 ... Read more »

TOKYO - Thursday, June 13th 2013 [ME NewsWire]

2013 Symposia on VLSI Technology and Circuits

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502) today announced that the development of the world's first MROM cell to offer improved cell current characteristics without any increase in cell size. This advance was achieved by adopting a multi-level-cell structure, which also secures high speed operation. Details will be presented on June 14 at the 2013 Symposia on VLSI Technology and Circuits, held in Kyoto, Japan, June 11-14, 2013.

MROM's main role is to store the boot loader or firmware. The density of MROM implemented is SoC for such digital applications as smartphones and tablet PCs is increasing year by year, and in order to improve access time it is necessary to halve the MROM cell area with every generation.

In a typical MROM bit cell, a single-level cell, variations in fabrication are increasing as SoC process technology advances, with the narrowing of th ... Read more »

Dubai, United Arab Emirates - Thursday, June 13th 2013 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)-- Unatrac Holding Limited ("Unatrac”) has successfully completed and signed a new US$700m syndicated three year revolving credit facility. Barclays Banks PLC, Citi, and JPMorgan Limited acted as joint global coordinators and bookrunners for the facility. The funds will be used to finance working capital requirements and to refinance existing debt facilities while supporting operational growth for the next three years.

Unatrac is one of the largest Caterpillar dealers globally (construction and mining equipment, diesel and natural gas engines, material handling equipment), with exclusive dealership rights in eight countries across Africa, the Middle East, and several regions in Russia, in addition to an export sales office in the United Kingdom. Unatrac is 100 per cent owned by the Mansour family, founders of one of the largest privately-owned conglomerates in the Middle East a ... Read more »

TORTOLA, British Virgin Islands - Thursday, June 13th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Luxoft Holding, Inc announced today that it has commenced an initial public offering of 4,092,070 Class A ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission. Luxoft will be offering 2,046,035 Class A ordinary shares, and another 2,046,035 Class A ordinary shares will be offered by its parent, IBS Group Holding Limited. The underwriters will be granted a 30-day over-allotment option to purchase up to 306,095 additional Class A ordinary shares from Luxoft and 306,095 additional Class A ordinary shares from the selling shareholder to cover over-allotments, if any.

UBS Limited, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, VTB Capital plc and Cowen and Company, LLC are the joint bookrunning managers for the proposed offering. A copy of the preliminary prospectus related to the offering may be obtained ... Read more »

LONDON - Wednesday, June 12th 2013 [ME NewsWire]

    Asia now center of gravity of profitable growth for global consumer products and retail
    By 2016, emerging Asia will account for almost a quarter of global consumer products markets and 37% of total consumer products growth
    Only 20% of Asia-based senior executives, currently achieving both accretive margins and sustaining significantly high growth
    Companies must ruthlessly implement eight business imperatives for profitable growth

(BUSINESS WIRE)-- The role of emerging Asian markets has changed and these markets are now the engine of profitable growth for global consumer products (CP) companies and retailers. In order to capture this opportunity, companies must change the way they approach localization - through greater local autonomy, granularity, focus and agility to ensure the consumer at the center. This is according to the new Profit or ... Read more »

BRACKNELL, England - Wednesday, June 12th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Afton Chemical is excited to introduce Microbotz™, heroes of protection and performance for our Industrial lubricant additive Portfolio.

The world of Industrial lubricants is complex with a multitude of products serving an ever-growing and diverse range of end-use industries, with frequent overlap between products and applications.

Afton Chemical’s new global marketing campaign seeks to make life easier for Industrial lubricant marketers with an applications-based approach. A unique family of seven heroic micro-robot characters, known as the Microbotz™, have been created to represent each of the seven application groups within the Afton’s Industrial Additives Portfolio: Wind Turbine; Industrial Gear; Turbine; Hydraulic; Grease; Slideway; and Metalworking.

Each is a champion of their application area and an expert in the world of Industrial lubricants. Their role is to guide our cu ... Read more »

Enterprise-wide application enables video, images, data, and applications to be shared with colleagues on display walls, PCs, iOS and Android mobile devices Product Featured at InfoComm 2013, Jupiter Booth No. 3121 InfoComm 2013

ORLANDO, Fla. - Wednesday, June 12th 2013 [BUSINESS WIRE/ ME NewsWire]

-- Jupiter Systems, the leading worldwide supplier of collaborative visualization solutions for video walls, PCs, and mobile devices, introduced today Canvas 2.0, the new generation of its award-winning multipoint visualization and collaboration solution for the enterprise. Canvas 2.0 adds support for Apple iOS and Android smartphones and tablets, as well as new onboard instant messaging and invite-to-share features, providing true collaborative visualization for users no matter where they are.

Canvas 2.0 allows users to share sources on display walls, PC, and mobile devices via LAN/WAN and 3G/4G networks. Unique in the industry, Canvas allows users to annotate directly ... Read more »