ZURICH, Switzerland & NOIDA, India-Monday 9 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a leading global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Through this strategic acquisition, HCL will increase its footprint in the global wealth management market with emphasis on Avaloq consulting, implementation and management capabilities.

Founded in 2012, Confinale focuses on IT consulting in key specialist areas in the banking and wealth management sector. Confinale has one of the largest independent pools of Avaloq-certified specialists in Europe and its in-house developed products and solutions accelerate the implementation of the Avaloq platform. Confinale is one of only four companies to be awarded the title of Avalo ... Read more »

The investment will support the accelerated completion of Imperial Avenue, Shapoorji Pallonji’s first real estate development outside India

DUBAI, United Arab Emirates-Monday 9 May 2022 [ AETOS Wire ]

Shapoorji Pallonji International Property Developers (SPIPD), the development arm of Shapoorji Pallonji, one of India’s largest business conglomerates, announced that it has secured an investment from Hayfin Capital Management LLP (Hayfin), one of Europe’s leading alternative asset management firms headquartered in London, UK, to finance the delivery of the landmark Imperial Avenue project in Downtown Dubai.  The advisors for this transaction were Houlihan Lokey, Dubai.

Cyrus Engineer, Managing Director, Shapoorji Pallonji (SP) International Property Developers, commented: “The Dubai real estate market has seen considerable buyer interest in the past few quarters and the project has seen significant capital appreciation since its lau ... Read more »

Tiered Backup Storage Company up for Seven Industry Awards

MARLBOROUGH, Mass.-Monday 9 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it has been nominated in seven categories for the annual Network Computing Awards. Winners of this year’s awards will be announced at the awards ceremony in London on June 23, 2022.

ExaGrid has become a finalist in the following categories:

Storage Product of the Year – ExaGrid Tiered Backup Storage

The Return on Investment Award – ExaGrid Tiered Backup Storage

Hardware Product of the Year – ExaGrid Tiered Backup Storage

Software Product of the Year – ExaGrid Cloud Tier to AWS

Product of the Year – ExaGrid Tiered Backup Storage

Company of the Year – ExaGrid

Voting to determine the winner in each category is underway now and closes on June 13, 2 ... Read more »

PERTH, Australia-Monday 9 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- A cutting-edge new tool developed by Minderoo Foundation has identified thousands of waste sites across 25 countries for the first time using advanced satellite data technology and machine learning to measure piles of plastic waste from space.

Global Plastic Watch (globalplasticwatch.org) is a tool which combines earth observation with artificial intelligence to create the first-ever near-real-time high-resolution map of plastic pollution. This is the largest open-source dataset of plastic waste across dozens of countries. The aim of the tool is to help authorities to better manage plastic leakage into the marine environment.

Global Plastic Watch uses remote sensing satellite imagery from the European Space Agency and a first-of-its-kind machine learned model created in collaboration with award winning Digital Product Agency for the Environment, Earthrise Media. The tool is able to determine ... Read more »

“AM Forward” will develop domestic production capacity built around industrial 3D printing technology

(BUSINESS WIRE) -- Sintavia, LLC, a designer and additive manufacturer of advanced propulsion and thermodynamic systems for the Aerospace, Defense, & Space industry, announced today that it had been chosen to represent the AM supply chain in the launch of a major White House initiative called “AM Forward”. This new initiative, unveiled on May 6th by President Biden in Cincinnati, is a voluntary compact between large, iconic manufacturers and their smaller U.S.-based suppliers. GE Aviation, Honeywell, Lockheed Martin, Raytheon, and Siemens Energy are the initial participants in AM Forward. Each of these aerospace OEMs had the opportunity to nominate an AM supplier to participate in the launch, and Sintavia was chosen by both Lockheed Martin and Honeywell Aerospace.

The AM Forward compact will focus on (i) building a more resilient and innov ... Read more »