Japanese banking company reduces database maintenance costs to invest in improving customer experience

LAS VEGAS-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, announced today that The Iyo Bank, Ltd., a major regional bank in Japan, has switched to Rimini Street for support of its Oracle Database system. By switching to Rimini Street, The Iyo Bank is saving time, cost and resources previously used for database maintenance, and plans to utilize these savings to accelerate the development of innovation projects to improve their customers' experience.

The Iyo Bank operates 152 branches both within and outside Japan and has been using Oracle Database for over 15 years as part of its loan support system. After reviewing the company’s IT expenses, ... Read more »

• Acquisition of Stemline establishes Menarini’s presence in the U.S. biopharmaceutical oncology market

• Menarini will support further development of Stemline’s ELZONRIS® and enable global expansion by leveraging its commercial infrastructure in Europe and other ex-U.S. geographies

• Following the transaction, Menarini will continue to research ELZONRIS in additional CD123-expressing indications

FLORENCE, Italy-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Menarini Group, a privately held Italian pharmaceutical and diagnostics company, today announced that is has successfully completed the acquisition of Stemline Therapeutics Inc., a commercial-stage biopharmaceutical company focused on the development and commercialization of novel oncology therapeutics (Nasdaq: STML), for an aggregate cash consideration up to $677 million on a fully diluted basis.

The transaction, which was announced on 4 May 2020, s ... Read more »

The United States Government has Identified Netcracker’s Enhanced Security Plan as a Model of Good Security Practices for the Industry

WALTHAM, Mass.-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Netcracker Technology announced today its Enhanced Security Plan, a holistic, multi-pronged framework of security solutions and services that are unmatched in the industry. As an integral part of the new Netcracker 2020 portfolio suite of products and services, Netcracker Enhanced Security gives service providers confidence in the security and privacy of their rapidly evolving networks, including 5G and multi-cloud environments, and the sensitive information of their customers.

“We believe the Netcracker Enhanced Security Plan is a model of good security practices,” stated Adam Hickey, Deputy Assistant Attorney General, National Security Division, U.S. Department of Justice.

As networks become more complex, including increased suppo ... Read more »

TOKYO-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- NEC Corporation (NEC; TOKYO: 6701) today announced that the Asia Direct Cable (ADC) Consortium is building a high-performance submarine cable connecting China (Hong Kong SAR and Guangdong Province), Japan, the Philippines, Singapore, Thailand and Vietnam. The consortium has selected NEC to construct the 9,400-kilometer long ADC cable, which is expected to be completed by the fourth quarter of 2022.

The cable will feature multiple pairs of high capacity optical fibers and is designed to carry more than 140 Tbps of traffic, enabling high capacity transmission of data across the East and Southeast Asian regions. ADC’s high capacity allows it to support increasingly bandwidth-intensive applications which are driven by technological advancements in 5G, the cloud, the Internet-of-Things and Artificial Intelligence. This will further enhance the expansion of communications networks in the region.

&l ... Read more »

Rockwell Automation and PTC Deliver Industry-first Enhancements to FactoryTalk InnovationSuite™, Powered by PTC for Simplifying and Accelerating Digital Transformation

Two companies team to deliver integration capabilities to simplify OT/IT integration for the most critical OT data sources to bring the Connected Enterprise to life for customers

COURBEVOIE, France-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- IDEMIA, the global leader in Augmented Identity, is supplying the very first cards made out of recycled plastics in Spain to BBVA. The bank will first distribute the cards to their Spanish customers with a BBVA Youth Account in June 2020. This new payment card is a strong commitment from BBVA to contributing to the United Nations Sustainable Development Goals for the fight against climate change.

Each year, approximately 6 billion plastic payment cards are produced according to the 2018 Nilson Report1. In the context of the United Nations Sustainable Development Goals and the Paris Agreement, IDEMIA’s cutting-edge technology has been selected by BBVA, one of the largest banks in Spain, to migrate part of its existing first-use PVC cards to innovative recycled PVC cards.

By the end of the year BBVA will enable more than half a million Spanish customers to benefit from an eco-friend ... Read more »

SHENZHEN, China-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Imagine one day you get a traffic ticket from the police officers with the penalty amount stating: "Stay Home". Recently, movement restriction rules are being enforced in every Emirate in the UAE. In Abu Dhabi, the police officers patrol the streets round the clock and stress the need for people to stay home. They also urge the community to practice social distancing measures and to wear masks and gloves, when stepping out. The effect and efficiency of their work is being guaranteed by Hytera’s Narrowband & Broadband Convergent Communication Solution.

“During the day, we spread awareness that people should not step out during Sanitization Program and if we spot anyone not wearing a mask, we tell them to put it on. We would give a warning to first-time offenders and impose a Dh 1,000 fine if they're found outside again,” said one of the police officers from the p ... Read more »

LAUSANNE, Switzerland-Thursday 11 June 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today that Suzanne Rich Folsom has been appointed Senior Vice President and General Counsel, leading Legal, Ethics & Compliance, effective July 1, 2020. She succeeds Marc Firestone, who will retire later this year. Since January 2018, Mr. Firestone has held a dual role at PMI: President, External Affairs and General Counsel. He will continue to lead the company’s External Affairs function until a successor is appointed.

Suzanne Rich Folsom is a results-oriented business leader with decades of broad international experience and a track record of successfully driving transformation within public and private corporations during periods of heightened regulatory and public scrutiny. She is highly regarded for her ability to solve complex business challenges and has been recognized for her integrity, innovative thinking, consens ... Read more »