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Blog posts August 2022

Energy Vault and Jupiter Power Announce Agreement for Battery Energy Storage Projects in Texas and California Totaling 220 MWh

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & AUSTIN, Texas
Energy Vault will supply a 100 MW (200 MWh) battery energy storage system at a Jupiter Power Facility near Fort Stockton, Texas, which will provide energy and ancillary services to ERCOT.

Energy Vault will additionally construct and …

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A New Chapter in IT Services: Lenovo PCCW Solutions Starts First Day of Operation as a New Company

(BUSINESS WIRE) -- Today marks the first day of operation for Lenovo PCCW Solutions Limited1, the new strategic partnership between Lenovo Group (HKSE: 992) (ADR: LNVGY) and PCCW (HKSE: 0008) set to capitalize on the estimated US$320 billion Asia IT services market.

The new company provides o…

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Philip Morris Holland Holdings B.V. Extends the Acceptance Period for the Recommended Cash Offer to the Shareholders of Swedish Match AB Until October 21, 2022

(BUSINESS WIRE) -- 
 
This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand, or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by app…

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Sharjah Finance Department launches the second cycle of the "Sharjah Award for Public Finance" with new categories and developed criteria

Sharjah, United Arab Emirates 
Nominations are open until the end of January 2023

In cooperation with the Arab Organization for Administrative Development

The Board of Trustees of the Sharjah Award for Public Finance - the first of its kind in the Arab world - announced the launch of the sec…

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Forescout Announces the Appointment of Rik Ferguson to VP of Security Intelligence

SAN JOSE, Calif.
Infosecurity Hall of Famer and Security Intelligence Expert Broadens Focus on Digital Terrain Risk

(BUSINESS WIRE) -- Forescout Technologies, the leader in automated cybersecurity, today announced the appointment of Rik Ferguson as VP of Security Intelligence.

With a career s…

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Lenovo Group: First Quarter Results 2022 23

 

Lenovo delivers ninth straight quarter of improved revenue and profitability as diversified new growth engines drive sustained strong performance

(BUSINESS WIRE)--Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced strong first quarter results for the Group, improving both revenue and p…

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The Coretec Group to Host a Shareholder Call on August 17 to Highlight 2022 Milestones and Outline End-of-Year Goals

The Company will update shareholders on the latest developments of its Endurion battery program and CHS technology, and illuminate its plans for growth and development through the remainder of 2022

(BUSINESS WIRE) -- The Coretec Group (OTCQB: CRTG), developers of silicon anode active material…

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Nonprofit Funding Platform Heroe5 Launches The Good Society, Embracing Web3 Approach to the Sustainable Financial Benefit for Charities

Platform will raise more than $1M with each drop for organizations improving the environment, health & wellbeing, wildlife, and human rights

First Digital Collection, designed by Nate Mohler and benefiting Lonely Whale, No More Plastic & Oceanic Global, drops on August 12 at 2pm ET

(BUSINE…

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MarineMax To Acquire IGY Marinas Significantly Expanding Global Marina and Services Business

~Largest Superyacht Luxury Marina Network with Iconic Worldwide Locations~

~Will More than Double MarineMax’s Recurring Marina Revenue~

~Increases Global Superyacht Services Capabilities~

~Margin Enhancing Business Further Reduces Business Cyclicality~

~Projected to be Accretive in Fir…

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Fresh Del Monte Partners with CAFÉ NAJJAR to Distribute High-Quality Coffee Products

Dubai, United Arab Emirates - Monday, 08. August 2022

Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, partnered with Lebanese coffee giant, CAFÉ NAJJAR to introduce NAJJAR GOURMET C…

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KnowBe4 Announces the Establishment of KnowBe4 Ventures

KnowBe4 Ventures will co-invest in security startups focused on companies that strengthen and support the human layer of cybersecurity

(BUSINESS WIRE) -- KnowBe4 Inc (Nasdaq: KNBE), the provider of the world’s largest security awareness training and simulated phishing platform, has announced the …

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Urban Company Partners With Saudi’s Leading Beauty Services Provider Baheya to Bring Unparalleled At-Home Services in the Region

RIYADH, Saudi Arabia - Wednesday, 27. July 2022 


(BUSINESS WIRE) --Urban Company, Asia’s largest tech-enabled home services marketplace, has entered into a partnership with Baheya, the largest salon chain in Riyadh. With this, Urban Company aims to be a household name for beauty services at ho…

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Rimini Street Announces Fiscal Second Quarter 2022 Financial Results

Quarterly revenue of $101.2 million, up 10.5% year over year
Gross margin of 63.1%, up from 62.2% year over year
Quarterly Billings of $101.6 million, down 5.3% year over year
2,905 Active Clients at June 30, 2022, up 9.8% year over year
 
(BUSINESS WIRE) -- Rimini Street, Inc. (Nasd…

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Global Deployment of Daigas Group’s Onsite Hydrogen Generation Technology with Hyundai Rotem Company

 (BUSINESS WIRE) -- Daigas Gas and Power Solution Co., Ltd. (“DGPS”), a 100% subsidiary of Osaka Gas Co., Ltd. (TOKYO: 9532), has established an expanded business collaboration for onsite hydrogen generator technology with Hyundai Rotem Company (“HRC”), an affiliate of Hyundai Motor Group, allowing …

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ImmunAbs Inc. Announces US FDA Approval for a Phase 1 Clinical Trial

(BUSINESS WIRE)--ImmunAbs Inc. (www.immunabs.com) announced that it has received US FDA approval for a Phase 1 clinical trial and that it is now ready to initiate a phase 1 clinical trial in the United States.

ImmunAbs is developing IM-101, a monoclonal antibody targeting complements that pla…

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Lineage Logistics Closes Acquisition of VersaCold Logistics Services

(BUSINESS WIRE)--Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, today announced it has closed the acquisition of VersaCold Logistics Services (“VersaCold”).…

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Kioxia Launches Second Generation of High-Performance, Cost-Effective XL-FLASH™ Storage Class Memory Solution

TOKYO 
(BUSINESS WIRE)--Kioxia Corporation, the world leader in memory solutions, today announced the launch of the second generation of XL-FLASH™, a Storage Class Memory (SCM) solution based on its BiCS FLASH™ 3D flash memory technology, which significantly reduces bit cost while providing high p…

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Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes


Lineage has announced its intention to acquire Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, headquartered in Murcia with facilities across the country
The expansion in Spain will reinforce Lineage’s commitment to one of Europe’s main markets for fresh …

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Africa’s Largest Asset Manager PIC Leads Pension Funds Investing in Continent’s Infrastructure via AFC

LAGOS, Nigeria - Tuesday, 02. August 2022 AETOSWire  

(BUSINESS WIRE)--In a significant milestone for African pension capital being deployed for domestic infrastructure and industrial development, the Public Investment Corporation (PIC), Africa’s largest asset manager, with over US$150 billion …

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Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes


Lineage has announced its intention to acquire Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, headquartered in Murcia with facilities across the country
The expansion in Spain will reinforce Lineage’s commitment to one of Europe’s main markets for fresh …

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20 blog posts