During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners.

(BUSINESS WIRE) -- During the U.S-Africa Business Forum, Visa (NYSE: V) today announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the company’s long-term commitment to Africa’s growth potential and will help enable greater access to digital payments as an entry point for expanding formal financial services for individuals and merchants.

Visa Chairman and CEO Alfred F. Kelly, Jr. outlined the pledge during the US-Africa Business Forum, alongside the US-Africa Leaders Summit in Washington, DC. The pledge will further scale Visa’s operations in Africa, and deepen collaboration with strategic partners including government ... Read more »

(BUSINESS WIRE)--Exponential Technology Group (XTG) today announced it has reached a definitive agreement to acquire Braemac Pty Ltd., a specialist in product design, development, testing, and the supply of semiconductors, systems, and electronic components. The financial terms of the deal were not disclosed.

Braemac is based in Sydney, Australia, with 17 offices globally and offers support from design through to product realization, driving innovation with industry-leading semiconductor and electronic component partners providing extensive design and supply chain management expertise.

“We welcome the Braemac team to the XTG family of companies,” said Glenn Smith, acting President of the Exponential Technology Group. “Braemac brings a very experienced management team and a business model that fits extremely well into XTG’s vision of helping engineers solve technical problems as well as having the experience and expertise to design a customer&r ... Read more »

GALESBURG, Mich. - Friday, 16. December 2022 AETOSWire Print 

(BUSINESS WIRE)--Intelligent power management company Eaton today announced its Breaktor® circuit protection technology was named “Best Technology” in the Electrification category at the Hyundai-Kia Motors Corporation’s (HKMC) annual R&D Partners Tech Day in Hwaseong, South Korea.

“This recognition represents our continued focus and commitment to Hyundai-Kia Motors Corporation, one of our most valued global customers,” said Kevin Calzada, global product strategy and marketing manager, Eaton’s eMobility business. “Our Breaktor circuit protection technology fills a unique need in the fast-growing electrified vehicle market.”

The HKMC R&D Partners Tech Day is an annual event to encourage the research and development efforts of HKMC’s suppliers. Breaktor and Eaton’s RigiFlex busbars and High Power Lock Box connectors we ... Read more »

CAMPBELL, Calif. - Friday, 16. December 2022 

Software company brings powerful analytics and prediction capabilities to Tigo and adds new opportunities for energy data monetization.

(BUSINESS WIRE) -- Tigo Energy, Inc., a leading provider of intelligent solar and energy storage solutions, today announced the acquisition of FSIGHT, an energy data analytics software company based in Hod HaSharon, Israel. With FSIGHT, Tigo expands its ability to leverage energy consumption and production data for solar energy producers, adding a powerful prediction platform that provides rich and actionable system performance data, from the grid down to the module level. The transaction was signed on Tuesday, November 29, 2022.

As a software-as-a-service (SaaS) company, FSIGHT gives utilities, IPPs (Independent Power Providers), solar assets owners, EPCs (Engineering, Procurement, and Construction firms), and investors high-fidelity visibility into the performance of their ... Read more »

DALLAS
Report highlights the global sustainability and social impact of the legendary beauty brand through 2030

(BUSINESS WIRE) -- Mary Kay Inc., a global advocate for corporate social responsibility, today released a report detailing progress on Enriching Lives Today for a Sustainable Tomorrow (ELTFAST), the brand’s global sustainability program.

“We’re proud of the progress we’ve made on our sustainability journey so far, and we are inspired to see how our actions today will address global challenges for future generations,” said Deborah Gibbins, Chief Operating Officer at Mary Kay Inc. “Mary Kay has operations in nearly 35 countries—we consider that an accomplishment and a responsibility. Enriching Lives Today for a Sustainable Tomorrow is our roadmap for supporting our business strategy, reducing our environmental impact, and supporting communities where we operate.”

Enriching Lives Today for a Sustain ... Read more »