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MILAN & HIGHLAND HEIGHTS, Ky.-Tuesday, December 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that they have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a premium of approximately 81% to the General Cable closing price of $16.55 per share on July 14, 2017, the last day of trading before General Cable announced its review of strategic alternatives.

The transaction, which has been unanimously approved by each company’s Board of Directors and recommended to its shareholders by General Cable’s Board of Directors, is expected to close by the third quarter of 2018, subject to the approval of General Cable&rsqu ... Read more »

Views: 165 | Added by: africa-live | Date: 12.05.2017 | Comments (0)

Motorola Solutions Harms Free Competition to Maintain Inflated Prices in US for Mission-Critical Communications, Forces Dealers to Drop Hytera's Products, and Uses Sham Litigation to Damage Customer Relationships, Says Hytera in District Court Filing


IRVINE, Calif.-Tuesday, December 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Hytera Communications Corporation Ltd. today filed suit in federal district court in New Jersey against Chicago, Ill.-based Motorola Solutions, Inc., alleging that Motorola Solutions is engaging in anticompetitive practices that are unlawful under the Sherman and Clayton Acts by deliberately and actively foreclosing competition in land mobile radio (LMR) communications systems, in order to reap billions of dollars on sales at inflated prices to US customers.

Hytera's complaint alleges that Motorola Solutions prevents Hytera from competing in the US marketplace with its critical communications products that offer best ... Read more »

Views: 179 | Added by: uaeonlinenews | Date: 12.05.2017

Technology enables customers to realize solutions that increase efficiency and awareness in and around manufacturing systems.

MILWAUKEE -Saturday, December 2nd 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) has acquired Odos Imaging, a Scottish technology company that provides three-dimensional, time-of-flight sensing systems for industrial imaging applications.

Rockwell Automation will apply this technology to sensing products to deliver solutions to a broad range of demanding industrial applications including automotive and general assembly, packaging and material handling, and logistics.

“This acquisition enables us to build on our portfolio of smart sensing and safety products, an important part of the foundation for The Connected Enterprise,” said Lee Lane, Rockwell Automation vice president and general manager, safety, sensing and connectivity business. “It enables us to expand our existing capabili ... Read more »

Views: 201 | Added by: uaeonlinenews | Date: 12.05.2017 | Comments (0)

ABU DHABI, United Arab Emirates-Monday, December 4th 2017 [ AETOS Wire ]

Today is the inauguration of the desert camp activities at Telal Resort in Remah of the 4th International Festival of Falconry that is under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, May God Protect Him. The Festival is organized by the Emirates Falconers Club in strategic partnership with the International Association of Falconry and Conservation of Birds of Prey and New York University-Abu Dhabi. There are more than 700 falconers and researchers representing 90 countries participating in the event, as well as several international organisations headed by UNESCO.

The participants will be taking part in desert camp activities that will last for 3 days and there will be several topics that are of importance to falconers from all the different parts of the world such as: “The Heritage of Falconry….Throughout History,&rdquo ... Read more »

Views: 199 | Added by: uaeonlinenews | Date: 12.05.2017

RUEIL MALMAISON, France-Monday, December 4th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--Ooredoo Tunisia and Sagemcom have just launched the first Tunisian Internet of Things (IoT) network, based on LoRa™ technology. The network enables devices to exchange small amounts of data, with a standard battery providing independent battery life of up to 10 years.

This IoT network will also facilitate the development of solutions in various areas: Smart City (smart parking, presence detection, etc.), Smart Industry (machines predictive maintenance, asset management and tracking, logistics, etc.), Smart Environment (fire detection, etc.) and other uses in health, transport, agriculture, etc.

This launch will strengthen Ooredoo's activities in the Internet of Things. 'Following the marketing of the first connected device in 2014, the launch of the first M2M managed connectivity solution in 2015 and the success of the first tests on various long-range, low-consump ... Read more »

Views: 193 | Added by: uaeonlinenews | Date: 12.05.2017 | Comments (0)

 Sponsored by University of Sharjah and Sharjah Research Academy 

Sharjah, United Arab Emirates-Sunday, November 26th 2017 [ AETOS Wire ]

The 12th Edition events of the Middle East Drymix Conference was held at and sponsored by University of Sharjah under the patronage of Sharjah Research Academy under the slogan of, “For the Sustainability of Construction and Building Materials.”

Experts and specialists in the field of construction and its sustainability from around the world participated in the conference which discussed several issues, ideas, initiatives, and proposals that will improve the world of construction and its sustainability.

Dr Hamid Majul Al Nuaimi, Chancellor of the University of Sharjah, said:

“Experts and specialists in this field sat together and discussed, within the objectives and domains of this conference, Drymix mortar as compared to current materials used in building and construction, for wh ... Read more »

Views: 204 | Added by: africa-live | Date: 12.05.2017 | Comments (0)

SAN FRANCISCO -Thursday, November 30th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global is proud to announce the debut of the Andersen name in Turkey as member firm, NAZALI Tax & Legal, will officially adopt the Andersen name in January 2018. The tax and legal firm has locations in Istanbul, Ankara, Izmir and Bursa and will now operate as a full-fledged member firm of Andersen Global.

“The adoption of the Andersen name demonstrates the next step to further extending our boundaries and integrating our team globally. We are excited to continue strengthening our practice and capabilities, and together we will strive to find the best solutions for our clients,” stated Managing Partners of Andersen Tax in Turkey, Ersin Nazali and Cagdas Guren. “Incorporating additional offerings internationally and extending our support will help us build on our foundation and further provide seamless coverage in key markets.”

Global Chairman and A ... Read more »

Views: 185 | Added by: uaeonlinenews | Date: 12.05.2017 | Comments (0)

HONG KONG -Monday, December 4th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--EMQ, a Fintech innovator with an extensive remittance network in Asia, today announced its extended partnership with WeChat Pay HK, a payment service provider and a stored-value facility licensee in Hong Kong, to expand its remittance services in Indonesia. The newly launched Indonesia corridor is building on the success of the Philippines corridor, which has been fully deployed and operational since early this year.

“Both Philippines and Indonesia are currently among the top 10 largest recipients of remittances according to the World Bank, with millions of households relying on the financial support of the overseas workers,” said Max Liu, Co-founder and CEO of EMQ. “We are proud to support and partner with Tencent’s WeChat Pay HK in making the services more accessible and inclusive to the hard-working overseas workers leveraging our extensive remittance network in Asia.&rdqu ... Read more »

Views: 186 | Added by: uaeonlinenews | Date: 12.05.2017 | Comments (0)


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