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With capital amount of SAR 894 million

RIYADH, Saudi Arabia-Wednesday 25 May 2022 [ AETOS Wire ]

stc Group, the leading national digital enabler announced the establishment of “Alibaba cloud” in Riyadh, KSA, for high-capacity cloud services in partnership with the Chinese technology giant, “Alibaba Group”, eWTP Arabia for Technical Innovation Ltd., the Saudi Company for Artificial Intelligence (SCAI). and the Saudi Information Technology Company (SITE).

The establishment of the new company in the Saudi capital, Riyadh, came in response to the significant increase in demand for cloud computing services and solutions in the region. The company will provide advanced cloud computing services to companies operating in the Kingdom of Saudi Arabia, ensuring that they employ the highest standards of security and protection.

The New Company’s capital will amount to SAR 894 million , and the new company will benefit from the distin ... Read more »

Views: 77 | Added by: africa-live | Date: 05.26.2022

Prepares For Next Growth Phase

DUBAI, United Arab Emirates-Wednesday 25 May 2022 [ AETOS Wire ]

Milestone Systems, a leader in data-driven video technology in and beyond security, recorded revenues of 1.1 billion DKK (570.1 Million AED), an increase of 12 percent compared to the previous year. A focused performance by the Milestone organisation, new product launches and customers looking to install or upgrade their security infrastructure generated revenue growth. In addition, key industries increased leaning on video technology beyond security to do e.g. forensic searches with smart analytics, optimize business processes and improve operational efficiencies.
The company closed in 2021 with record revenue of 1.1 billion DKK. The increase in revenue is driven by strong partner relations, product launches, and a focused effort across the organisation.

“2021 was a successful year for Milestone Systems. Our industry-leading video management platform i ... Read more »

Views: 83 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

BARCELONA, Spain-Monday 23 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Scytl is delighted to announce The Electoral Council of the Netherlands (Kiesraad) has awarded Paragon Customer Communications (PCC) Netherlands and Scytl, both part of Paragon group, together with the Dutch IT connecting company KPN, a five year agreement to build, manage and maintain the digital voting support system (DHV).

During the term of the agreement, Scytl will be responsible for developing, supplying, and managing the new software that will be used in all electoral processes in the country. Specifically, it will allow the Electoral Council to determine the results of the elections and to present the lists of candidates of the political parties.

Paragon Customer Communications, which has extensive experience in electoral processes in more than 120 municipalities in the country, will take the lead as prime contractor and is responsible for the overall project and service delivery ma ... Read more »

Views: 77 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

SHENZHEN, China-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- FEELM, the flagship atomization tech brand belonging to SMOORE, today announced that it has been awarded Red Dot Awards for Product Design 2022 for 4 innovative atomization products, including the world's thinnest ceramic coil vape pod solution FEELM Air, eco-friendly non-nicotine disposable e-cigarette, and anti-dust mouthpiece hygienic e-cigarette. By virtue of creative product ideas and avant-garde design, these award-winning atomization products showcase FEELM's industry-leading product innovation capabilities.

Taking FEELM Air for example, it is well-known as the world's thinnest vape pod solution with ceramic coil. As the latest vape pod solution of FEELM, the thickness of FEELM Air is reduced by 25%, compared with the last generation, to only 7.8 mm. It looks smarter and more sophisticated while maintaining the same e-liquid volume and battery capacity. In addition to the ultra ... Read more »

Views: 87 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

PARIS LA DÉFENSE-Wednesday 25 May 2022 [ AETOS Wire ]

Thales joins forces with triPica to address the growing phenomenon of digitalization and to develop a mobile solution that offers a simplified and secure customer pathway.

Based on the complementary technology of the two companies, the solution optimizes the user experience and subscriber account management, while facilitating the registering of new customers fully digitally and remotely.

Bouygues Telecom, the French mobile giant, is the first operator to use this solution through its new responsible and supportive ‘source’ package, launched in five months.

(BUSINESS WIRE) -- With one in every two people in the world connecting to the Internet exclusively via their smartphone, many mobile operators are looking to digitalize access to their services in order to better meet their customers’ needs. Thales, a leader in digital security, and triPica, creator of business support systems ... Read more »

Views: 112 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

LONDON-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Align, the premier global provider of technology infrastructure solutions celebrates significant growth throughout the UK and EMEA markets with management changes to support increasing demand. The appointment of Giulia Marcolina as Managing Director and Mike Konold as AV Solutions Director of Align’s UK-based headquarters, will enable the team to deliver innovative collaborative technology and state-of-the-art AV solutions.

Giulia brings over 25 years of IT experience, previously serving as Align’s Programme Manager, delivering corporate office relocation and consolidation projects for clients such as Blackrock, Total Gas and Power, and UBS. In her new role, she will lead Align’s team of project managers in building upon Align’s longstanding business relationships and delivering complex technology programmes including office design and build, cable infrastructure, and AV and securi ... Read more »

Views: 103 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

Speed, security and robust design of the Cinterion MV32, combined with Thales flexible connectivity management enables manufacturers to quickly harness the full potential of 5G in their electronic devices
PARIS LA DÉFENSE-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE)-- Thales announces the new Cinterion® MV32 modem card that makes it quicker and easier for manufacturers to build and maintain resilient, high-performance 5G devices that will transform everyday life in the years ahead. Harnessing the full potential of 5G Mobile Broadband connectivity, the new modem card is designed to be at the heart of a wide array of demanding IoT (Internet of Things) use cases, such as securely connecting enterprises, remote patient care and intelligent monitoring of renewable energy generation.

Effortlessly connecting 5G networks and next-gen IoT devices

The 5G roll-out will not only bring unprecedented mobile broadband speed to billions of people worldwide. ... Read more »

Views: 78 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

TUNIS, Tunisia-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- The Africa Finance Corporation (“AFC”) has welcomed Tunisia as its 34th member state. Tunisia’s accession brings the total number of North African member states of the AFC to three, with Morocco and Egypt becoming members in 2021, deepening the infrastructure provider’s engagement with a vital gateway to Africa. Tunisia’s strategic geographic position means it is an important transit route for natural gas exports from Africa to Europe.

AFC has been invested in Tunisia for some time to enable the country to develop its key economic sectors and support the creation of high skilled jobs. In 2017, AFC invested US$37 million in the development of the Halk El Menzel offshore oil concession block in Northern Tunisia. The project has been especially critical in providing the energy required for transport, installation, start up and commissioning, first well drilling including ... Read more »

Views: 79 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

New threat hunting and risk identification service provides organizations with an enterprise-wide baseline of their threat landscape and risk exposure

SAN JOSE, Calif.-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Forescout Technologies, the leader in automated cybersecurity, today announced the launch of Forescout Frontline, a new threat hunting service utilizing a team of highly-trained cybersecurity analysts to support cybersecurity teams by proactively identifying risks, enabling accelerated incident response, and maturing security posture. Forescout is offering this complimentary service for organizations that lack the internal resources and visibility to defend themselves from cybersecurity attacks, including ransomware and advanced persistent threats (APT).

“Cybersecurity attacks are on the rise. Simultaneously, cybersecurity teams are perennially understaffed and under resourced. This has created a perfect storm,” said Sha ... Read more »

Views: 156 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

SAN JOSE, Calif.-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced it has completed its acquisition of Instaclustr, a leading platform provider of fully managed open-source database, pipeline and workflow applications delivered as a service.

The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a comprehensive suite of offerings for Cloud Operations (CloudOps). Cloud Operations (CloudOps) is the set of activities, tools and processes that keep cloud native applications and u ... Read more »

Views: 87 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

PARIS LA DÉFENSE-Wednesday 25 May 2022 [ AETOS Wire ]

Thales is leading the sustainable transformation of the payment market, investing in solutions that address environmental awareness in the banking sector.

Its deployment of innovative technologies and sustainable materials make Thales the first company to offer a full portfolio of cards with a worldwide manufacturing footprint certified by the Mastercard Sustainable Card Program.

In 2021 only, that’s about 25 million of these eco-friendly cards, made with bio-sourced materials or recycled plastic, shipped worldwide. 

(BUSINESS WIRE) -- The amount of plastic used to produce payment cards every year is equivalent to the weight of 125 Statues of Liberty1. With environmental challenges now a growing, global concern, Thales, the leader in high tech security, has developed solutions for a greener world, recently certified by Mastercard’s Sustainable Card Program. To date, Thales has depl ... Read more »

Views: 82 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

• S21sec and Excellium are two major players in cybersecurity consulting, integration and managed services in Europe

• With this acquisition, Thales accelerates its cybersecurity development roadmap and expands its footprint in Spain, Portugal, Luxembourg and Belgium

• S21sec and Excellium employ 546 people and generated sales of 59 million euros in 2021.

PARIS LA DÉFENSE-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Thales (Euronext Paris: HO) announces today the signature of a definitive agreement with Sonae Investment Management to acquire two of European leading cybersecurity companies, S21sec and Excellium, gathered under the holding company Maxive Cybersecurity.

This acquisition will complement Thales’ cybersecurity portfolio, strengthening its incident detection and response services (Security Operations Centre – SOC) as well as consulting, audit and integration services.

It will bring an ext ... Read more »

Views: 78 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

Covetrus Shareholders to Receive $21.00 per Share in Cash

Represents a 39% premium to Covetrus’ unaffected 30-day VWAP as of May 13, 2022

PORTLAND, Maine-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Covetrus® (NASDAQ: CVET) (“Covetrus” or the “Company”), a global leader in animal-health technology and services, today announced that it has entered into a definitive agreement pursuant to which funds affiliated with Clayton, Dubilier & Rice (“CD&R”), a global private investment firm, and TPG Capital, the private equity platform of global alternative asset management firm TPG (“TPG”), will acquire all outstanding shares of Covetrus common stock not already owned by affiliates of CD&R for $21.00 per share in cash, representing an enterprise value of approximately $4 billion.

CD&R and its affiliates currently beneficially own approximately 24% of the Company’s outstan ... Read more »

Views: 90 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

• New subgroup analyses presented at Digestive Disease Week® (DDW) 2022 on the integrated efficacy results of Phase 2b and Phase 3 clinical studies of RBX2660.

• Data adds to the growing body of evidence of the RBX2660 clinical development program - the largest, most robust program conducted in the field of microbiome-based therapeutics for recurrent C. difficile infection (rCDI).

SAINT-PREX, Switzerland & PARSIPPANY, NJ, USA-Wednesday 25 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Ferring Pharmaceuticals today announced the presentation of four abstracts at Digestive Disease Week (DDW) 2022 that further characterize RBX2660, a potential first-in-class microbiota-based live biotherapeutic studied to deliver a broad consortium of diverse microbes to the gut to reduce recurrent C. difficile infection (CDI) after antibiotic treatment.

This press release features multimedia. View the full release here: ... Read more »

Views: 81 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

Riyadh, The Kingdom of Saudi Arabia-Wednesday 25 May 2022 [ AETOS Wire ]

SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a four-year project management office (PMO) and engineering design review services contract by The Saudi Electric Company and The Egyptian Electricity Transmission Corporation to support the Saudi-Egypt power grids project, the Middle East and North Africa region’s first large-scale high voltage direct current (HVDC) interconnection.

“For more than half a century, SNC-Lavalin has established a proven track record in the clean power market by delivering some of the most complex HVDC interconnection projects around the world,” said Ian L. Edwards, President and CEO, SNC-Lavalin. “Our unrivalled engineering capabilities and understanding of the energy market are coupled with the highest quality standards and latest technologies to ensure we del ... Read more »

Views: 90 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

(BUSINESS WIRE) -- Green hydrogen is key to achieving a circular economy. Graforce has developed a plasma electrolysis technology that can produce hydrogen from residual materials – with significantly lower manufacturing costs and higher yields. Graforce will be demonstrating its marketable methane and wastewater electrolysis plants and refueling systems at IFAT, the world’s leading trade fair for water, sewage and waste management. They demonstrate the immense market potential of green hydrogen and the range of applications for CO2-free or even CO2-negative energy and fuel.

Green hydrogen is projected to have a game changing impact in the mobility, industry, and decentralized energy segments. It plays an important role in meeting global climate goals. The global hydrogen market is forecast to grow by a factor of 6 by 2050. Germany makes up 20 percent of the current European hydrogen consumption and is also forecast to remain the largest hydrogen off-take market ... Read more »

Views: 87 | Added by: africa-live | Date: 05.26.2022 | Comments (0)

Major LATAM oil recycler maximizes current ERP investments while optimizing processes and fiscal deliveries that allow IT to focus on strategic business issues

LAS VEGAS-Wednesday 25 May 2022 [ 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, today announced that Lwart Soluções Ambientais, a pioneer and leader in Latin America in the production of base oil from used and contaminated lubricating oil, has signed an agreement to procure Rimini Street Support for its SAP ECC 6.0 environment.

Leveraging Rimini Street’s award-winning solutions, Lwart now enjoys access to an extraordinary bench of talent to maintain its current version of SAP without unnecessary upgrades or migrations. Lwart also benefits from the Company’s tax, legal and regulatory services to manage B ... Read more »

Views: 80 | Added by: africanewsline | Date: 05.26.2022 | Comments (0)


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