Visa cardholders increase spending in Brazil by 73 percent year over year; Visitors from the United States, the United Kingdom and France Account for Greatest Economic Impact

SAO PAULO. - Thursday, June 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Visa Inc. (NYSE:V), the leader in global payments, today released the Visa Everywhere Travel Report for the 2014 FIFA World Cup Brazil, which analyzes travel data and cross border spend on all Visa products, including credit, debit and prepaid payment cards.

During the four-day opening period of the tournament (June 12 - June 15, 2014), Visa found that international visitors spent more than US$27M on their Visa accounts. This represents a 73 percent increase over the same four-day period in 2013, and 47 percent more when compared to the opening four-day period of the Confederations Cup (June 15 –June, 18 2013), where travelers spent nearly US$18.5M.

Visitors from the United States, followed by the United Ki ... Read more »

DENVER - Wednesday, June 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- MPEG LA announced today that ViewSonic Corporation (alternatively named ViewSonic Display Co.) (“ViewSonic”) has become a Licensee to MPEG LA’s MPEG-2 Patent Portfolio License (“MPEG-2 License”) and ATSC Patent Portfolio License (“ATSC License”).

As a result of these agreements, companies that license their essential MPEG-2 and ATSC patents through MPEG LA have agreed to dismiss their patent infringement actions against ViewSonic. See http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/51/n-13-08-01.pdf; and http://www.mpegla.com/Lists/MPEG%20LA%20Legal%20Action%20List/Attachments/50/n-13-06-05.pdf.

Patent infringement actions against Curtis International Ltd. and Craig Electronics Inc. were settled recently when each company became a Licensee to MPEG LA’s MPEG-2 License and ATSC License. See http://www.mpegla.com/Lists/MPEG ... Read more »

LAHTI, Finland. - Thursday, June 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Management of welding procedures, welder qualifications and welding equipment fleet results in high welding production performance, EBIT growth, cost competitiveness and a reduction in lead time. Kemppi ARC System 3 is a new modular software solution for improved welding management. The tailored toolbox enables the customer to choose modules for developing any part of the production process, e.g. quality, project management or productivity. Kemppi ARC System 3 is part of Kemppi’s new TWXM solution concept. The offering has recently been completed with WeldEye®, welding quality and documentation software by Norwegian Weldindustry AS, acquired by Kemppi in December 2013.

The acquisition is an important step in Kemppi’s strategy for the future. Weldindustry is one of the pioneers in the development of welding management software and its WeldEye® solution is a leading industry br ... Read more »

NEW YORK - Wednesday, June 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The Rohatyn Group (“TRG”), an independent investment firm focused on emerging markets, today announced that Gustavo Eiben has joined TRG as a Managing Director. Based in the firm’s New York office, Mr. Eiben will be responsible for business development in the Americas, while bringing his deep marketing expertise to TRG’s private markets business, which includes private equity, private credit, real estate, infrastructure and green energy funds.

Nicolas Rohatyn, Chief Executive Officer and Chief Investment Officer of TRG, said, “We are very pleased to have someone of Gustavo’s caliber joining TRG. His track record of successful capital raising, strong network of relationships around the world, and extensive experience marketing private equity products and funds makes him a valuable addition to the TRG team as we grow our business.”

TRG has approximatel ... Read more »

ME NewsWire

DUBAI, United Arab Emirates - Monday, June 16th 2014

Thuraya Telecommunications Company, a leading Mobile Satellite Services (MSS) operator, today announced the launch of the Thuraya IP Commander, its first ruggedized satellite broadband terminal designed using MIL-SPEC components. The terminal will be commercially available from all Thuraya Service Partners in Q3, 2014.

Developed in collaboration with US-based SRT Wireless, the IP Commander is engineered to enable mission-critical voice and data connectivity in mobile or stationary applications in the most extreme and remote environments. It is well suited for military and governmental operations, as well as other applications including land mobile, energy and mining. The package includes a rugged voice handset that offers clear and uninterrupted voice connectivity across Thuraya’s satellite network, which covers many of the world’s strategic conflict zones.  

IP Commande ... Read more »

Global retail analysis shows increased sales for brands with sustainability claims on packaging or active marketing of corporate social responsibility efforts

NEW YORK. - Tuesday, June 17th 2014 [ME NewsWire]

(BUSINESS WIRE) Fifty-five percent of global online consumers across 60 countries say they are willing to pay more for products and services provided by companies that are committed to positive social and environmental impact, according to a new study by Nielsen. The propensity to buy socially responsible brands is strongest in Asia-Pacific (64%), Latin America (63%) and Middle East/Africa (63%). The numbers for North America and Europe are 42 and 40 percent, respectively.

“Consumers around the world are saying loud and clear that a brand’s social purpose is among the factors that influence purchase decisions,” said Amy Fenton, global leader of public development and sustainability, Nielsen. “This behavior is on the rise and it pr ... Read more »

NEW YORK - Wednesday, June 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- SR Labs, a leading provider of low latency market data and market access solutions for the financial industry, today announced it has agreed to acquire Wombat from Intercontinental Exchange.

"We are excited to make this acquisition and believe that together SR Labs and Wombat will deliver significant increases in performance and value to our combined client base,” commented Srinivasan Ramiah, founder and CEO of SR Labs. “The merged company will be the first choice for market data and market access for financial firms globally. Our focus will continue to be product innovation and customer satisfaction."

SR Labs is the definitive Wall Street leader for market data and market access solutions. Wombat’s consolidated data feeds, managed services, and DART entitlements are a natural complement to SR Labs global exchange coverage, market data cache, and low latency and i ... Read more »

Enterprise-wide application enables video, images, data, and applications to be shared with colleagues on display walls, PCs, now provides iOS and Android Clients, Backup and Restore, Pan and Zoom Features, Audio Support and other features

LAS VEGAS - Wednesday, June 18th 2014 [ME NewsWire]

Product Featured at InfoComm 2014, Jupiter Booth #N1105

InfoComm 2014

(BUSINESS WIRE)-- InfoComm 2014 – Jupiter Systems, the leading worldwide supplier of collaborative visualization solutions for video walls, PCs, and mobile devices, today announced the introduction of Jupiter’s Canvas 2.1. Canvas 2.1 provides the following new capabilities and features:

    Support for the iOS and Android Canvas clients to enable users to be able to collaborate with others no matter where they are and on any device.
    Backup and Restore feature to allow users to back up the Canvas configuration settings and restore the set ... Read more »

Regus opens in its 103rd country with two prime locations in Dhaka

DHAKA, Bangladesh - Wednesday, June 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Regus, the global flexible workplace provider, has expanded its network to an unparalleled 103 countries, adding Bangladesh to its network. To maximise the convenience for businesses, it has entered the market in two key commercial districts in Dhaka.

The launch in Bangladesh will help local and foreign companies invest in this fast-developing economy, and support efforts to attract FDI. It also extends Regus’ reach in Asia Pacific.

The two centres are at the UTC Building, in Karwan Bazaar, and Crystal Palace, on Gulshan South Avenue – both buildings home to multinational and national companies. The Regus centres are gateways to an economy with ambitions to become a middle-income country by 2021.1 Key growth sectors include pharmaceuticals, energy, ICT/telecoms, and energy.

Regus’ ar ... Read more »

ME NewsWire/Business Wire

SHENZHEN, China - Wednesday, June 18th 2014

ZTE Corporation has filed an antitrust complaint with the European Commission, requesting it to investigate the licensing practices of Vringo Inc. and its subsidiaries in light of concerns that these practices are impeding fair competition in the telecommunications market.

As the owner of numerous standard-essential patents on telecommunications standards, Vringo is obligated to license its patents based on fair, reasonable and non-discriminatory (FRAND) terms in the interest of safeguarding competition in the European telecommunications market. Despite ongoing efforts by ZTE to negotiate since 2012, the company has been unable to reach an agreement with Vringo on FRAND terms.

ZTE reserves the right to pursue further action across different jurisdictions to protect the interests of the company and our customers, ZTE steadfastly opposes all forms of abuses of intellectual property, a ... Read more »