JOHANNESBURG 
AAFC sets up a subsidiary in Johannesburg and introduces “Equipment-as-a-Service” EASE® Program in Southern Africa, creating new opportunities for healthcare accessibility and service delivery.
EASE® South Africa (Pty) Limited will leverage the global EASE® healthcare OEM partner network that provides customers with high-quality diagnostic radiology equipment.
The program will initially offer MRI, CT, and nuclear medicine scanners to healthcare customers.
(BUSINESS WIRE)--African Asset Finance Company (AAFC) today announced the expansion of its groundbreaking EASE® (Equipment as a Service) Healthcare program in Southern Africa and opened a subsidiary in Johannesburg, EASE® South Africa (Pty) Limited. The Southern Africa regional expansion marks an important step in EASE®’s geographic footprint, which launched last year in Ghana and Nigeria.

“Opening EASE® South Africa is a tremendo ... Read more »

LAS VEGAS - Monday, 08. January 2024 AETOSWire 

Delivering exceptional throughput, AI-powered encoding, and superb image enhancement for data centers

(BUSINESS WIRE)--VeriSilicon (688521.SH) today unveiled its latest VC9800 series Video Processor Unit (VPU) IP with enhanced video processing performance to strengthen its presence in the data center applications. The newly launched series IP caters to the advanced requirements of next generation data centers including video transcoding servers, AI servers, virtual cloud desktops, and cloud gaming.

The VC9800 series of VPU IP boasts high performance, high throughput, and server-level multi-stream encoding and decoding capabilities. It can handle up to 256 streams and support all mainstream video formats, including the new advanced format VVC. Through Rapid Look Ahead encoding, the VC9800 series IP improves video quality significantly with low memory footprint and encoding latency. With capabl ... Read more »

LAS VEGAS - Monday, 08. January 2024 AETOSWire 

Delivering exceptional throughput, AI-powered encoding, and superb image enhancement for data centers

(BUSINESS WIRE)--VeriSilicon (688521.SH) today unveiled its latest VC9800 series Video Processor Unit (VPU) IP with enhanced video processing performance to strengthen its presence in the data center applications. The newly launched series IP caters to the advanced requirements of next generation data centers including video transcoding servers, AI servers, virtual cloud desktops, and cloud gaming.

The VC9800 series of VPU IP boasts high performance, high throughput, and server-level multi-stream encoding and decoding capabilities. It can handle up to 256 streams and support all mainstream video formats, including the new advanced format VVC. Through Rapid Look Ahead encoding, the VC9800 series IP improves video quality significantly with low memory footprint and encoding latency. With capabl ... Read more »

Dubai, United Arab of Emirates, Casablanca, Morocco. - Monday, 08. January 2024 AETOSWire 

With over two decades of experience, Huda Lighting continues to be the trusted lighting solution provider for the Middle East and North African markets, offering a high level of lighting expertise that supports the region’s projects with the most suitable products and services for any type of market segment including hospitality, retail, commercial, residential or industrial.

Over the years, Huda Lighting has expanded its support, covering more countries with an experienced team of over 290 employees across its eleven branches and two showrooms.

What sets Huda Lighting apart is its ability to offer turnkey solutions. In many cases, providing comprehensive services that go beyond lighting, to encompass automation systems, wiring devices, and other relevant products. This approach to projects ensures clients receive a seamless and ... Read more »

MARLBOROUGH, Mass. - Monday, 08. January 2024 AETOSWire  

ExaGrid reports a record bookings and revenue quarter in Q4 2023, and 12 consecutive quarters of positive P&L, EBITDA, and free cash flow

(BUSINESS WIRE)--ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it had an all-time record bookings and revenue in the fourth quarter ending December 31, 2023, and a record-breaking year overall in 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240108089855/en/

ExaGrid’s revenue grew over the previous quarter and the same quarter a year ago. ExaGrid grew at over 20% in 2023 while maintaining positive P&L, EBITDA, and free cash flow for the past 12 consecutive quarters.

ExaGrid added 173 new customers in Q4 2023, including 59 six-figure new customer deals and 3 seven-figure new customer deals. ExaGrid has more than ... Read more »

 Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive agreement with Guardant Health, Inc., a leading precision oncology company. Through the agreement, Hikma has the exclusive rights for commercialisation and marketing of Guardant Health’s portfolio of liquid and tissue biopsy tests for cancer screening, recurrence monitoring and tumor mutation profiling across all solid cancers in the Middle East and North Africa (MENA).

The tests offered include Shield™ for cancer screening and early detection, Guardant Reveal™ for minimal residual disease detection and recurrence monitoring and Guardant360® and Guardant360 TissueNext™ for comprehensive genomic profiling (CGP) across all solid cancers.

Cancer cases in the MENA are estimated to double by the year 2040.[1] This agreement will enable patients in the M ... Read more »

(BUSINESS WIRE)--Vortexa, the leading real-time global analytics platform for energy and freight markets, is excited to announce the successful completion of its $34 million Series C funding round. Investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital.

The investment, which brings the total amount raised by Vortexa since inception to more than $60 million, will be used to further accelerate the company’s international expansion, state-of-the-art technology and first-class quality of service to its clients and partners.

Commenting on the investment, Fabio Kuhn, CEO of Vortexa, said: “Despite one of the toughest fundraising environments for tech com ... Read more »

Strategic Repositioning Creates Unprecedented Assembly of Regulatory Expertise & Global Capabilities

(BUSINESS WIRE)--The Validant Group of companies today announced a strategic repositioning that unites the five companies as one global regulatory brand: ELIQUENT Life Sciences.

ELIQUENT Life Sciences is the fusion of five global regulatory consultancies: Validant, Greenleaf Health, DataRevive, Oriel Stat-a-Matrix, and IDEC. The collective capabilities of this unmatched alliance enable integrated solutions that bridge the spectrum of regulatory challenges. ELIQUENT Life Sciences delivers comprehensive services that support pharmaceutical, biotechnology, and medical device companies navigating the complex regulatory landscape.

“ELIQUENT Life Sciences is an unprecedented assembly of regulatory leaders, industry experts, and technical specialists. Our combined capabilities deliver the best path forward for global life science innovators. Together, ELIQU ... Read more »

QUEZON CITY, Philippines - Friday, 05. January 2024

Funding round solidifies partnerships, expansion, and development of AI-driven workplace technology

(BUSINESS WIRE) -- Sourcefit, a leading international business processing outsourcing (BPO) provider with operations centers in the Philippines, South Africa, Dominican Republic and Armenia, has successfully closed a significant strategic investment, attracting investments from prominent players 9 Basil, NextGen Ventures, and Rocket Equities. This financial milestone marks a pivotal moment in Sourcefit's growth trajectory.

The strategic investment round demonstrates a decisive vote of confidence in Sourcefit's business model and potential. Rocket Equities, acting as the financial advisor and investor, helped structure the deal for all parties.

Andy Schachtel, CEO of Sourcefit, expressed gratitude for the support, stating, “Sourcefit is entering an exciting phase of our growth and we plan ... Read more »

Adel Real Estate recently announced the launch of the completed blueprints of Adel District, the largest urban development of residential areas. Spanning around 5.6 million square meters, the project is strategically located in Dammam, in the Eastern Province of Saudi Arabia, and will be up for auction in the first quarter of 2024.

Located west of Dammam City, Adel District sits along King Fahd Road (Airport Road), between King Saud Road and Riyadh Road, close to some of the most pulsing highways that connect to the city’s most famous landmarks. Slated to become the next destination for housing and investment, Adel District offers convenient access to essential service centers and amenities. It is only minutes away from Al-Asala Colleges, the Saudi German Hospital, Al Othaim Park, and King Fahd International Airport.

Designed by Adel Real Estate, Adel District is a plot-based urban development and will comprise +5 residential neigh ... Read more »