‘Opportunity Youth: Imagining a bright future for the next generation presents ideas that could ensure outsized impact for region’s young people over next 20 years

Dubai, United Arab Emirates-Thursday 12 August 2021 [ AETOS Wire ]

A new report from McKinsey & Company’s Middle East Office launched today, offers a perspective on the biggest game-changers that would help unlock opportunity for youth across the region over the coming two decades.

Titled Opportunity Youth: Imagining a bright future for the next generation, the new report starts by recognizing some of the systemic challenges in the Middle East, North Africa, and Pakistan (MENAP) region, such as unemployment and gender disparity in the workplace. However, it quickly pivots to focus on the specific game-changing opportunities and ideas that give root to a more optimistic perspective of potential outcomes for youth.

The 7 high-level game-changers highlighted ... Read more »

 EE Raymond Yin and Dr. Jay Esfandyari Discuss Roles and Applications of Sensors in Industrial and IoT Environments

 

DALLAS & FORT WORTH, Texas-Thursday 12 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Mouser Electronics, Inc. today releases the fourth installment of the 2021 series of its award-winning Empowering Innovation Together™ program. The new installment examines the wide range of sensor types and applications through a new episode of The Tech Between Us podcast, as well as blog and infographic content.

In the latest podcast episode, Dr. Jay Esfandyari, Director of Global Marketing Strategy for STMicroelectronics, joins Mouser’s Raymond Yin for a lively discussion about the crucial role sensors play in the industrial and IoT sectors, and how they’ll shape the future of these markets.

“We are currently in an age of sensor technology that is creating new, more efficient experiences for everyone,&rd ... Read more »

CHICAGO -Wednesday 11 August 2021 [ AETOS Wire ]

    Litera will acquire Kira Systems and its industry-leading machine learning contract analysis technologies to form a new cornerstone for its Transaction Management platform as it looks to transform the due diligence process;
    The acquisition marks the 12th legal tech acquisition made by Litera;
    As part of the transaction, Kira Systems' majority investor, Insight Partners, will become a minority investor in Litera; and
    Hg, a global software and services investor, remains a majority investor in the business; and
    As part of the transaction, Kira Systems will spin off a new company named Zuva, which will be commercializing the company’s AI technology in new products for the corporate market.

(BUSINESS WIRE)-- Litera, a global leader in legal technology solutions with more than 15,000 customers, ann ... Read more »

CHICAGO -Wednesday 11 August 2021 [ AETOS Wire ]

    Litera will acquire Kira Systems and its industry-leading machine learning contract analysis technologies to form a new cornerstone for its Transaction Management platform as it looks to transform the due diligence process;
    The acquisition marks the 12th legal tech acquisition made by Litera;
    As part of the transaction, Kira Systems' majority investor, Insight Partners, will become a minority investor in Litera; and
    Hg, a global software and services investor, remains a majority investor in the business; and
    As part of the transaction, Kira Systems will spin off a new company named Zuva, which will be commercializing the company’s AI technology in new products for the corporate market.

(BUSINESS WIRE)-- Litera, a global leader in legal technology solutions with more than 15,000 customers, ann ... Read more »

WASHINGTON-Thursday 12 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The International Center for Research on Women (ICRW) today announced Peggy Clark, a global force in movements to combat poverty, and advance gender equity and social justice, as its new CEO. Clark will begin her tenure on October 4, 2021.

“We are incredibly fortunate that Peggy, a champion for gender equity and an expert in global development, is joining our organization,” said Tara Abrahams, the incoming chair of the ICRW board. “She brings with her extensive relationships and networks in the Global South, which will be essential to deepening the impact of our work on behalf of women and girls and other marginalized populations in critical regions of the world."

Throughout her three-decade career, Clark has worked tirelessly to tackle and address unequal gender norms such as women’s economic security, health and well-being. She is a champion for racial equity and diversity and ... Read more »

• Cloudreach to invest in software innovation, enhancing cloud migration, and modernization capabilities

• Collaboration will see Cloudreach expansion across North America and Europe

• Cloudreach to launch Talent Academy with a focus on diversity and inclusion

NEW YORK-Thursday 12 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Cloudreach, a leading independent cloud services provider, and Amazon Web Services (AWS), today unveiled a new Strategic Collaboration Agreement. The wide-ranging agreement will mean an acceleration of the companies’ joint go-to-market proposition, along with investments in Cloudreach software innovation, geographical expansion and the launch of a Talent Academy.

This agreement builds on the well-established 12-year relationship between Cloudreach and AWS. Cloudreach will expand within North America and Europe including into new territories Canada, Poland, Spain and the Nordics. In addition, Cloudrea ... Read more »

The company’s latest funding round includes investments from Alkeon Capital, B Capital Group, BlackRock Private Equity Partners, Tiger Global, Insight Partners, Salesforce Ventures, Sapphire Ventures, and Vertex Ventures

ENGLEWOOD CLIFFS, N.J.-Wednesday 11 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- OwnBackup, a leading cloud data protection platform, today announced a Series E investment of $240 million co-led by Alkeon Capital and B Capital Group, including a secondary investment in the company by BlackRock Private Equity Partners and Tiger Global. Existing investors Insight Partners, Salesforce Ventures, Sapphire Ventures, and Vertex Ventures also participated. The company has cumulatively raised nearly $500 million, resulting in a $2 billion valuation increase in six months. OwnBackup also announced plans to expand its comprehensive backup and recovery solutions across other cloud platforms later this year, beginning with Microsoft.

OwnBackup' ... Read more »

GALESBURG, Mich-Wednesday 11 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Power management company Eaton today announced its Vehicle Group has developed a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to systems that include 48-volt architecture. These 48-volt systems can power new, advanced energy-consuming components and can help reduce emissions and improve fuel economy and performance.

“This development comes as global vehicle manufacturers are making decisions to adopt new technologies to meet emissions regulations,” said Ben Karrer, manager, Technology Development, Eaton’s Vehicle Group. “Of the options available, 48-volt architectures are becoming more popular because they can decrease both CO2 and NOx simultaneously, which helps both our customers and the environment.”

Most vehicles have traditionally oper ... Read more »

HANGZHOU, China-Wednesday 11 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Dahua Technology, a world leading video-centric smart IoT solution and service provider, has recently released its upgraded Full-color 2.0 Network Cameras that offer brand new functions – including Dual-lens, 4K Color Image, Vari-focal Lens, and AI Features – that can significantly optimize surveillance monitoring and greatly benefit end users in terms of clear and colorful image output.

Dual-lens Camera

The upgraded Full-color 2.0 offers dual-lens cameras with large F1.0 aperture, and Dual Light Fusion technology that collects visible color details and lightness information using separate lenses. Equipped with dual CMOS (1/1.8” and 1/2.8”), these cameras provide 36% increase in brightness and 14 times increase in s/n ratio. With pixel-level frame-by-frame mapping, they present high image definition and vivid colors even when the supplementary white light is off, thus reduc ... Read more »