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58.com Announces Completion of Merger
BEIJING, Sept. 18, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced the completion of the merger (the "Merger") with Quantum Bloom Company Ltd ("Merger Sub"), a wholly-owned subsidiary of Quantum Bloom Group Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 15, 2020 (the "Merger Agreement"), among the Company, Parent and Merger Sub. As a result of the Merger, the Company became a wholly-owned subsidiary of Parent and will cease to be a publicly traded company. In accordance with the terms of the Merger Agreement, which was approved by the Company's shareholders at an extraordinary general meeting held on September 7, 2020, each Class A ordinary share, par value US$0.00001 per share, of the Company (each a "Class A Share") and each Class B ordinary share, par value US$0.00001 per share, of the Company (each a "Class B Share," and together with each Class A Share, collectively the "Shares") issued, outstanding and not represented by American depositary shares of the Company (each, an "ADS," representing two Class A Shares) immediately prior to the effective time of the Merger (the "Effective Time"), other than the Excluded Shares and the Dissenting Shares (each as defined in the Merger Agreement), has been cancelled and ceased to exist, in exchange for the right to receive US$28.00 in cash without interest, and each outstanding ADS, other than ADSs representing Excluded Shares, together with each Share represented by such ADSs, have been cancelled in exchange for the right to receive US$56.00 in cash without interest (the "Merger Consideration"). Registered shareholders immediately prior to the Effective Time who are entitled to the Merger Consideration will receive a letter of transmittal and instructions on how to surrender their Shares in exchange for the Merger Consideration and should wait to receive the letter of transmittal before surrendering their Shares. Payment of the Merger Consideration (less an ADS cancellation fee of US$0.05 per ADS), without interest and net of any applicable withholding taxes, will be made to holders of ADSs as soon as practicable after Citibank, N.A., the ADS depositary, receives the aggregate Merger Consideration payable to holders of ADSs from the paying agent. The Company also announced today that it requested that trading of its ADSs on the New York Stock Exchange (the "NYSE") be suspended as of September 18, 2020. The Company requested that the NYSE file a Form 25 with the Securities and Exchange Commission (the "SEC") notifying the SEC of the delisting of its ADSs on the NYSE and the deregistration of the Company's registered securities. The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by promptly filing a Form 15 with the SEC. The Company's obligation to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will cease once the deregistration becomes effective. In connection with the Merger, Houlihan Lokey (China) Limited is serving as financial advisor to the special committee of the board of directors of the Company (the "Special Committee"); Fenwick & West LLP is serving as U.S. legal counsel to the Special Committee; Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Company; Han Kun Law Offices is serving as PRC legal counsel to the Company; and Conyers Dill & Pearman is serving as Cayman Islands legal counsel to the Company. Wilson Sonsini Goodrich & Rosati, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Kirkland & Ellis LLP and Weil, Gotshal & Manges LLP are serving as international co-counsels to the investor consortium (the "Consortium"). Fangda Partners is serving as PRC legal counsel to the Consortium. Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal counsel to the Consortium. About 58.com Inc. 58.com Inc. (NYSE: WUBA) operates China's largest online market place for classifieds, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company's online marketplace enables local business users and consumer users to connect, share information and conduct business. 58.com's broad, in-depth and high quality local information, combined with its easy-to-use website and mobile applications, has made it a trusted marketplace for consumers. 58.com's strong brand recognition, large and growing user base, merchant network and massive database of local information create a powerful network effect. For more information on 58.com, please visit http://www.58.com. Safe Harbor Statement This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Any statements that are not historical facts, including statements about 58.com's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. All information provided in this press release is current as of the date of the press release, and 58.com does not undertake any obligation to update such information, except as required under applicable law. For more information, please contact: 58.com Inc.ir@58.com Christensen In ChinaMr. Eric YuanPhone: +86-10-5900-1548E-mail: Eyuan@christensenir.com In the U.S.Ms. Linda BergkampPhone: +1-480-614-3004Email: lbergkamp@ChristensenIR.com Related Links :http://www.58.com
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As Digital Transformation Accelerates, Entrust Datacard Becomes "Entrust"
Entrust name and identity reflect the critical need for trust at the heart of the digital transformation -- and the centrality of Entrust's innovation to secure a rapidly changing world SINGAPORE, Sept. 18, 2020 /PRNewswire/ -- Entrust Datacard today announced a new brand identity and company name -- Entrust. The move both continues the company's enduring leadership and innovation in identity, payments, and data protection, and highlights Entrust's position as a leader in developing the core technologies needed to keep the world moving safely. "The global impact of the COVID-19 pandemic has shown us how critical digital transformation is in our daily lives," said Todd Wilkinson, CEO of Entrust. "As consumers, we depend on digital technologies and security to do more than ever, whether it's making purchases, crossing borders, accessing government services or logging into corporate networks. We are proud that some of the world's largest governments, organizations and enterprises trust us to keep citizens, commerce and information moving safely. Making Entrust the foundation of our brand reflects how our technology and innovation are central to securing this ever-evolving world." The company was founded as Datacard Corporation in 1969, and acquired Entrust in 2013, becoming Entrust Datacard. Entrust today offers an unmatched breadth of solutions, including credential issuance, identity and data protection, and digital certificates and signing solutions. Commitment to innovation and growth In recent years, Entrust has expanded from its core physical credential issuance focus to build a robust digital security solution portfolio and market presence. In addition to a sustained long-term investment in R&D, the company has made a recent series of strategic acquisitions, including PKI providers Trustis and Safelayer, authentication provider SMS Passcode, and nCipher, the market leader in hardware security modules (HSMs). As a result, Entrust has transformed into one of the world's largest providers of digital security software, and the global leader in credential issuance solutions. The company is in a unique position to innovate and invest to meet the rising security and identity needs of its customers. Entrust is making significant R&D investments to bring to market new card issuance technology, secure cloud enablement and advancements to its authentication, digital signing, identity management and HSM solutions. The company recently launched its next-generation PKI platform, tailored to meet today's rising "encrypt everything" demands amidst rising threats, and earlier this year introduced new solutions for passwordless authentication and digital onboarding. With nearly $800M in annual revenue and 2,500 employees, Entrust is trusted by some of the world's most demanding, compliance-driven institutions in finance, technology and government. The company provides sales and service in more than 150 countries through 50 offices and a global network of more than 1,000 technology and channel partners. "Earning the benefits of digital transformation requires a foundation of trust. As identity, payment and data protection ecosystems become more complex and interconnected, trust enables the resiliency and scale needed to make our digital lives possible," said Frank Dickson, Program VP, Cybersecurity Products, IDC. "Entrust began delivering trust in payment card solutions 50 years ago and has added breadth and depth to its trusted identity and data security solutions ever since. Thus, centering the brand on Entrust makes sense -- it helps the market see the common thread of high-assurance trust-building technology that carries through all of its identity, payment and data protection solutions." A simplified, refreshed brand Entrust's new name and branding honors the company's heritage as it looks ahead. Datacard will continue to be featured prominently as the product line name for the company's high-volume card issuance solutions, and the company continues to invest and innovate in high-volume hardware, software, services and supplies. Similarly, while the nCipher name will transition to Entrust over time, the nShield product line name for its market-leading HSMs will be retained and become an Entrust product line. The branding evolution includes a new logo, brand colors, website, tagline, and positioning that are tightly linked to Entrust's focus on securing a rapidly changing world. "In evolving our brand, we wanted to make our mission clear. We come to work every day with one thing in mind: delivering solutions that enable the highest level of trust in every interaction our customers facilitate. Enabling trust is our mission, our value proposition, and the focus of all the innovative technologies we continue to develop for clients worldwide," said Karen Kaukol, Chief Marketing Officer, Entrust. To explore the new brand and learn more about Entrust's products and services, visit www.entrust.com. About Entrust Entrust keeps the world moving safely by enabling trusted identities, payments and data protection. Today more than ever, people demand seamless, secure experiences, whether they're crossing borders, making a purchase, accessing e-government services or logging into corporate networks. Entrust offers an unmatched breadth of digital security and credential issuance solutions at the very heart of all these interactions. With more than 2,500 colleagues, a network of global partners, and customers in over 150 countries, it's no wonder the world's most entrusted organizations trust us. Logo - https://photos.prnasia.com/prnh/20200918/2921669-1LOGO?lang=0 Related Links :http://www.entrust.com
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Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint
- Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b.- Acquisition complements Ericsson's enterprise offerings and creates valuable new revenue streams for customers- Transaction expected to close during Q4 2020, subject to merger clearance and other closing conditionsSTOCKHOLM, Sept. 18, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson's ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space. Cradlepoint complements Ericsson's existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform. The combined offering will create valuable new revenue streams for customers by supporting full 5G-enabled services for enterprise, and boost returns on investments in the network. Cradlepoint will become a fully owned subsidiary of Ericsson while continuing to operate under its existing brand. Cradlepoint employees will remain within the company, headquartered in Boise, Idaho. It will be part of Ericsson's Business Area Technologies & New Businesses. The acquisition price amounts to an enterprise value of USD 1.1 b. with the transaction expected to close before the end of Q4 2020, subject to closing conditions. The purchase price, which is funded from Ericsson's cash-in-hand, is paid in full on closing. Cradlepoint's sales for 2019 were SEK 1.2 b. with a gross margin of 61%. Ericsson's operating margins are expected to be negatively impacted by approximately 1% in 2021 and 2022 - where half is related to amortization of intangible assets which arise from the acquisition. Cradlepoint is expected to contribute to operating cash-flow starting in 2022. Ericsson's 2022 group financial targets remain unchanged. Wireless wide area network (wireless WAN) Edge solutions connect through 4G and 5G to deliver fast, secure, and flexible connectivity wherever and whenever it is needed for businesses, mobility and critical frontline emergency services. Cradlepoint is strongly positioned in a market with underlying growth of 25-30%. Börje Ekholm, President and CEO Ericsson, says: "Portfolio-near acquisitions are an integral part of our earlier communicated strategy. The acquisition of Cradlepoint complements our existing offerings and is key to our strategy of helping customers grow the value of their 5G network investments. Ericsson is uniquely positioned to build on Cradlepoint's leadership position in Wireless Edge and the wireless WAN market. Combining the scale of our market access and established relationships with the world's biggest mobile operators we are making a strong investment to support our customers to grow in this exciting market. I would like to extend a very warm welcome to all Cradlepoint employees." George Mulhern, CEO and Chairman, Cradlepoint says: "We have led the way in bringing the power of cellular networks and technologies to enterprise and public sector customers - helping them connect beyond the limits of traditional wired WANs. Ericsson with its global 5G leadership is a great match for us and I am very excited to continue to scale and expand our business together." Founded in 2006, Cradlepoint has more than 650 employees, providing wireless WAN solutions that deliver enterprise-grade connectivity. In addition to the company headquarters in Boise, Idaho, USA, the company operates a research and development center in Silicon Valley, California, and new market offices in the United Kingdom and Australia. Cradlepoint's subscription model combines cloud-delivered software with hardware endpoints, support and training. Ericsson's long-standing collaboration with Cradlepoint dates back to the launch of 4G in the U.S. market more than a decade ago. INVITATION TO MEDIA AND ANALYST CALL The company will hold a conference call for journalists, financial analysts and investors. Börje Ekholm, President and CEO, Carl Mellander, Chief Financial Officer, and Åsa Tamsons, Head of Business Area Technologies & New Businesses, will make brief comments and take questions. The conference call will begin September 18, at 9:00 AM CEST (8:00 AM GMT in London and 3:00 AM EST in New York). To join the conference call, please phone one of the following numbers: Sweden: +46 (0)8 566 42651 (Toll-free Sweden: 0200 883 685) International/UK: +44 (0)333 300 0804 (Toll-free International/UK: 0800 358 9473) US: +1 631 913 1422 (Toll-free US: +1 855 857 0686) PIN code: 38166079# A live audio webcast of the conference call will be available at www.ericsson.com/investors and www.ericsson.com/newsroom Replay: A replay of the conference call will be available from about one hour after the conference call has ended until September 24, 2020. Sweden replay number: +46 (0) 8 519 993 85 International/UK replay number: +44 (0) 333 300 0819 US replay number: +1 (866) 931 1566 PIN code replay: 301331532# An on-demand webcast will be available at www.ericsson.com/investors and www.ericsson.com/newsroom approximately one hour after the webcast ended. NOTES TO EDITORS: FOLLOW US: Subscribe to Ericsson press releases here. www.twitter.com/ericssonwww.facebook.com/ericssonwww.linkedin.com/company/ericsson MORE INFORMATION AT:Ericsson Newsroom FOR FURTHER INFORMATION, PLEASE CONTACT Contact person Peter Nyquist, Head of Investor RelationsPhone: +46 705 75 29 06E-mail: peter.nyquist@ericsson.com Additional contact Stella Medlicott, Senior Vice President, Marketing and Corporate RelationsPhone: +46 730 95 65 39E-mail: media.relations@ericsson.com Investors Stefan Jelvin, Director, Investor RelationsPhone: +46 709 86 02 27E-mail: stefan.jelvin@ericsson.com Media Peter Olofsson, Head of Corporate CommunicationsPhone: +46 702 67 34 45E-mail: media.relations@ericsson.com Corporate CommunicationsPhone: +46 10 719 69 92E-mail: media.relations@ericsson.com About EricssonEricsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com Forward-looking statements This release includes forward-looking statements, including statements reflecting management's current views relating to the growth of the market, future market conditions, future events, financial condition, and expected operational and financial performance, including, in particular the following: - Our goals, strategies, planning assumptions and operational or financial performance expectations - Industry trends, future characteristics and development of the markets in which we operate - Our future liquidity, capital resources, capital expenditures, cost savings and profitability - The expected demand for our existing and new products and services as well as plans to launch new products and services including research and development expenditures - The ability to deliver on future plans and to realize potential for future growth - The expected operational or financial performance of strategic cooperation activities and joint ventures - The time until acquired entities and businesses will be integrated and accretive to income - Technology and industry trends including the regulatory and standardization environment in which we operate, competition and our customer structure. The words "believe," "expect," "foresee," "anticipate," "assume," "intend," "likely," "projects," "may," "could," "plan," "estimate," "forecast," "will," "should," "would," "predict," "aim," "ambition," "seek," "potential," "target," "might," "continue," or, in each case, their negative or variations, and similar words or expressions are used to identify forward-looking statements. Any statement that refers to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. We caution investors that these statements are subject to risks and uncertainties many of which are difficult to predict and generally beyond our control that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Important factors that could affect whether and to what extent any of our forward-looking statements materialize include, but are not limited to, the factors described in the section "Risk Factors" in the latest interim report, and in "Risk Factors" in the Annual Report 2019. These forward-looking statements also represent our estimates and assumptions only as of the date that they were made. We expressly disclaim a duty to provide updates to these forward-looking statements, and the estimates and assumptions associated with them, after the date of this release, to reflect events or changes in circumstances or changes in expectations or the occurrence of anticipated events, whether as a result of new information, future events or otherwise, except as required by applicable law or stock exchange regulations. This information is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above at 07:30 CEST on September 18, 2020. This information was brought to you by Cision http://news.cision.com https://news.cision.com/ericsson/r/ericsson-accelerates-5g-for-enterprise-with-acquisition-of-cradlepoint,c3196165 The following files are available for download: https://mb.cision.com/Main/15448/3196165/1307719.pdf Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint
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GSM Seeking Crowdfunding for Self-developed 270,000mAh Large-capacity and High-power Generator "RELIFE" Capable of Replacing Battery
NAHA, Japan, Sept. 18, 2020 /PRNewswire/ -- GSM Co., Ltd. has succeeded in developing the latest generator, dubbed "RELIFE," which has the great appeal of being able to replace the battery. From GSM's initial concept, it took the company's team approximately 18 months to complete this prototype. The RELIFE has started crowdfunding on Indiegogo and Kickstarter. The campaigns, starting in mid-September 2020, will last for about a month. If the campaigns are successful, shipment of the product in return is planned for February 2021. Backers can apply for the product at a discount of about 40% after the campaigns. (Images: https://kyodonewsprwire.jp/release/202009144331?p=images) YouTube: https://www.youtube.com/watch?v=u2inbwNZ6rw Indiegogo (until October 14, 23:59 (PDT))https://www.indiegogo.com/projects/replaceable-battery-generator-relife/x/22468901#/ Kickstarter (until October 16, 22:35 (UTC))https://www.kickstarter.com/projects/hibiki/worlds-first-replaceable-battery-generator-relife With uncertainty and instability in these COVID-19 times, GSM hopes its product will add security to people's daily lives. A blackout can be a major disruptive factor in life. It disrupts the workflow, and can even threaten people's lives depending on what machines and medical apparatus they rely on. Power station batteries should be designed to be replaceable; the entire purpose of a power station is to see people through at a time when there are no options for recharging. Obviously, solar power is an option, but with current technology, it takes quite a lot of time. That's why RELIFE is made with a removable casing for easy battery replacement. About RELIFE Replaceable Battery, 1000W-100-240V AC*2, QC USB*5, PD USB-C*2, Wireless Charge*2, Worldwide Free Shipping YouTube: https://youtu.be/PZ3HzVBBN8M Scenes: Outdoor, blackout, typhoon, earthquake, tsunami, event, various other scenes About GSM Co., Ltd. GSM is a project team founded in 2009. So far, it has sold more than 50 types of products to users around the world. GSM makes the lives of users around the world more convenient and continues to be needed by them. The company has a strong desire to serve the people of the world. Its products are brought together by experts from teams in Hong Kong, Japan and Mainland China to work on the project. Until now, the teams have provided many products to U.S. and Europe. It will continue to develop great products.
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Pasternack Unveils New Line of In-Stock Miniature Surface Mount Packaged (SMT) Noise Sources
New SMT Noise Sources Cover Frequency Ranges from 0.2 MHz to 3 GHz and are Ideal for PWB Applications IRVINE, Calif., Sept. 18, 2020 /PRNewswire/ -- Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter wave products, has just released a new series of miniature SMT packaged noise sources that are ideal for built-in test equipment, dithering for increased dynamic range of A/D converters and as a source for bit error rate testing. Applications include communication systems, microwave radio, military and commercial radar, test and measurement, base station infrastructure and telecom data links. Surface Mount Packaged SMT Noise Sources SQ Pasternack's new noise sources include nine models with industry standard SMT gullwing pin and dual in-line pin (DIP) surface mount packaging options. They cover frequency ranges from 0.2 MHz to 3 GHz and provide a source of additive white gaussian noise (AWGN) with a crest factor of 5:1. The SMT gullwing pin models in this line feature high output ENR levels ranging from 31 dB to 51 dB. The DIP models boast a noise output power level of -5dBm. These rugged 50 Ohm designs require DC voltage levels of +12 Vdc or +15 Vdc and can operate over a wide temperature range of -55°C to +125°C. "Pasternack now offers a comprehensive selection of miniature SMT packaged noise sources to address the needs of designers for circuit board level proof-of-concept or prototype applications. These products normally require 8-10 week lead times, but we are able to provide them quickly with same-day shipping and no minimum order quantity," said Tim Galla, Senior Product Line Manager at Pasternack. Pasternack's new surface mount packaged noise sources are in-stock and available for immediate shipping. For inquiries, Pasternack can be contacted at +1-949-261-1920. About Pasternack:A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry's largest selection of active and passive RF, microwave and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand. About Infinite Electronics:Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite's brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMeCables, INC-Installs and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment. Press Contact: Peter McNeil Pasternack 17792 Fitch Irvine, CA 92614 (978) 682-6936 Photo - https://mma.prnasia.com/media2/1274398/pasternack_surface_mount_packaged_smt_noise_sources_sq.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/431140/Pasternack_Logo.jpg?p=medium600
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maaiiconnect Enhances Data Security and Protection Capabilities to Empower Organisations with Secure and Compliant Customer Relationships
HONG KONG, Sept. 18, 2020 /PRNewswire/ -- Leading customer engagement and team collaboration platform, maaiiconnect, empowers organisations to build secure and compliant customer relationships with new security features. Two-factor Authentication, Advanced Password Policies, Access Controls, Data Retention and more have strengthened maaiiconnect's state-of-the-art security capabilities. Security is top of mind for most organisations and consumers, and increasing in importance considerably. In the first half of 2020, the number of data breaches and security incidents has already doubled that of 2019[1]. New Zealand has been targeted by over 3,000 cyberattacks in 6 months which has caused the national stock exchange to go offline for several days[2], 130 of the most popular Twitter Accounts were hacked[3], and 500,000 Zoom passwords were stolen from the platform and sold online[4]. Since its launch, maaiiconnect has aimed to revolutionise global communications with a secure hybrid cloud, omnichannel platform that combines telecom and digital channels for organisations of all sizes and sectors. Leading the way, maaiiconnect has further enhanced its security capabilities with new features to facilitate organisations to build the backbone of their security strategy: Access Controls Set advanced password policies for staff to automatically require a change of password, limit the use of similar passwords, lock staff out after a specified number of failed logins, set Blocklists and Allowlists for traffic, and require Two-factor Authentication. 'Organisation Structure' has been launched as a unique feature of maaiiconnect wherein organisations can build a full organisational structure which not only acts as a cross-departmental/office/team contact list, but an additional layer of security. Admins can set or create access and permission levels for data and features on maaiiconnect. Activity Tracking Track staff activity records for a comprehensive overview of changes made to the system or suspicious activity. Industry Compliance Data retention solutions, regarding the storage, backup, and transit of customer data to client designated servers, can be tailored for compliance to different industry standards. These organisations now also have access to generate encryption keys within maaiiconnect for high levels of encryption security. Industry compliance can be custom built to suit different industry standards worldwide. maaiiconnect is a flexible and scalable solution to support organisations of all sizes sectors in their digital transformation journey. Your customers and partners trust their communication data in your hands. maaiiconnect is the tool that leads the way in enabling organisations to transform their customer experiences across touchpoints, and build strong customer relationships, with advanced security capabilities. Don't lose customers due to data-breaches or being forced offline. Protect your future by securing it today with maaiiconnect. Talk to one of our experts about a secure solution for your unique challenges, or experience maaiiconnect ESSENTIALS PLAN for free now to enjoy an array of digital engagement features for elevating your customer experience in the next normal. Learn more at www.maaiiconnect.com. 1 Security Boulevard, 5 Biggest Data Breaches of 2020 So Far 2 Stuff News, New Zealand Under Attack for Ransom 3 Security Boulevard, 5 Biggest Data Breaches of 2020 So far 4 Security Boulevard, 5 Biggest Data Breaches of 2020 So far About maaiiconnect maaiiconnect provides businesses with an all-in-one solution for customer engagement and internal collaboration. Leveraging an innovative multi-dimensional convergence model, maaiiconnect seamlessly unifies telecom and digital communication channels, such as PSTN, VoIP, websites, apps, and social networks. It is device agnostic, empowering employees to be more productive, as well as providing companies a platform to deliver a suite of multimedia experience to their customers anytime, anywhere, on any device. Learn more at www.maaiiconnect.com. Logo - https://photos.prnasia.com/prnh/20200508/2798987-1logo?lang=0Related Links :http://www.maaiiconnect.com
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VeChain Joins China Animal Health And Food Safety Alliance (CAFA) As Council Member To Provide Blockchain Technology For Enterprise Members
SHANGHAI, Sept. 18, 2020 /PRNewswire/ -- As the world's leading enterprise friendly blockchain platform, VeChain has officially joined the China Animal Health And Food Safety Alliance (hereafter referred as CAFA) as one of the council members. VeChain will be the sole public blockchain technology provider in the alliance, providing technical and infrastructural support for the council members. All Members of CAFA CAFA is a government-backed organization directly under the Chinese National Agricultural Science Technology Innovation Alliance initiated by the Ministry of Agriculture of the People's Republic of China, which aims to build a trustworthy platform that connects the government, industry associations, producer enterprises and research institutes in the food sector. Since its launch, CAFA has revealed more than 130 members that are already signed up as official members of the alliance. These members consist of massive companies and bodies across upstream and downstream parties in the food industry, including supermarkets, food and beverage manufacturers, e-commerce platforms and more. Other members also include major players in the CTI industry, research labs, agricultural and animal supplies. As a council member of CAFA, VeChain intends to enhance CAFA's strategy of "building a from-farm-to-table traceability system across the entire country". By using VeChain ToolChain™, all enterprise members of the alliance will be capable of logging key processes of food products onto the blockchain in an immutable and secured way, bridging trust between consumers and the enterprises. Traceability can start from cultivation, processing, packaging, logistics, to retail and more, which perfectly assists CAFA's vision of "providing consumers with safe, high-quality and healthy food of animal origin". VeChain ToolChain's scalable and easy-to-implement technology has already captivated the enterprise world, and the technology has already on-boarded its first alliance member as a user of the platform since the inception of CAFA, with more expected to join. Launched in 2019, VeChain ToolChain™ has become a powerful tool for business owners to integrate the VeChainThor public blockchain into existing business processes. Based on the experience of collaborating with big enterprises such as Walmart China Food Traceability Platform and Foodgates, VeChain ToolChain™ provides built-in, ready-to-use templates and customizable tools, which enables every food enterprise to quickly achieve full lifecycle traceability for their supply chains in a controllable cost. Positioned as the enabler for the real economy, VeChain continues to promote exponential mass adoption of blockchain technology and drive tangible value for businesses. By powering traceability platforms for alliances such as CAFA and other similar partners, the VeChainThor blockchain would be used by hundreds and thousands of businesses without needing VeChain to approach them individually. About CAFA Established in 2009, CAFA focuses closely on animal health and food safety issues as well as solving major technical problems and bottlenecks involved throughout the industry chain. Members of CAFA include scientific research institutes, industry associations, aquaculture enterprises, testing and certification enterprises, veterinary medicine enterprises, consulting enterprises, catering enterprises and supermarkets. The alliance is committed to providing consumers with safe, high quality and healthy animal source foods. Website: www.cafa.org.cn About VeChain Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc. Website: www.vechain.com Photo - https://mma.prnasia.com/media2/1276620/vechain_all_members_of_cafa.jpg?p=medium600 Related Links :http://www.vechain.com
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MultiSys is among Asia's Leading SMEs--International award-giving body ACES Awards
MANILA, Philippines, Sept. 18, 2020 /PRNewswire/ -- For its leadership and accomplishments in the Information Technology sector, Multisys Technologies Corporation was recognized as among Asia's Leading SMEs at the Asia Corporate Excellence & Sustainability (ACES) Awards 2020, organized by MORS Group. Among Asia’s Leading SMEs. MultiSys wins at the recent Asia Corporate Excellence & Sustainability (ACES) Awards 2020. The company is considered as the Philippines’ most important and leading software solutions company that provides a wide range of cost-effective, full-scale software services, system platforms and integrations that are being used by now more than 2,500 companies and organizations. ACES Awards is one of the biggest and most sought after accolades in Asia, which aims to identify successful visionaries and to enable as many people as possible to learn from its awardees' success. The "Asia's Leading SMEs" category recognizes outstanding small & medium enterprises (SMEs) in Asia with a focus on growth and resilience. The winning SMEs have a sustainable business model, strong customer base, innovative product offering, growing revenue and profits, and the flexibility to respond to rapid changes in the industry and customer demand. Out of 420 nominees who joined this year's ACES awards, MultiSys was chosen as a winner in the "Asia's Leading SMEs" category, for its outstanding performance and achievements as a leading technology provider. MultiSys is considered as the Philippines' most important software solutions company that provides a wide range of cost-effective, full-scale software services, system platforms and integrations that are being used by now more than 2,500 companies and organizations. MultiSys CEO and founder David Almirol, Jr. said, "Winning the globally-recognized ACES Awards validates Filipino technology advancements, resilience and world-class reputation. It is a signal that our homegrown technology can expand in the global market. It would give us more influence that would help us in the pursuit of bringing the Filipino technology internationally and uplifting the levels of skills and competitiveness in the local IT community." Behind MultiSys are almost 500-strong full time workforce who are well-taken care of and invested in. At the headquarters in MultiSys Smart Community, employees get free meals, as well as board and lodging so they can avoid the long commute. Sports facilities, backyards and gardens where they can grow their own produce, and recreation centers are at their disposal, and employee activities are organized to boost morale and strengthen team spirit. Almirol added, "This award is a well-deserved recognition of our employees for all their hard-work, dedication, talent and skills. It will also inspire the others, from local technology startups to IT specialists, knowing they can thrive and grow without having to leave their homeland." Photo - https://photos.prnasia.com/prnh/20200917/2920372-1?lang=0
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Deathmatch Mode Now Available in Shadow Arena
SEOUL, South Korea, Sept. 18, 2020 /PRNewswire/ -- Pearl Abyss announced today that a 5vs5 Deathmatch mode has been introduced in Shadow Arena. Players can take this opportunity to practice a new Hero and enhance their teamfighting skills without worrying about rankings. Deathmatch Mode Now Available in Shadow Arena Deathmatch is a new mode in which up to 10 players are divided into 2 teams that battle against each other until one team reaches 30 kills within 20 minutes. When players die after their HP reaches 0, they can respawn after 10 seconds and they can change to another Hero during this respawn cooldown. In the Deathmatch mode, the game will start when at least 2 players enter the lobby. Players will be put into either a Red or Blue team and will be given 13 Skill Points along with blue-grade gear. A new item "Freeze Bomb" has been added to Shadow Arena. The Freeze Bomb applies high damage and 3 seconds of freeze to nearby opponents. This new item can be obtained at a set rate by defeating monsters and can be thrown by aiming in the desired direction while standing still. Moreover, a special event "Perfect Time for Shadow Arena!" is taking place until further notice. Players can receive various rewards such as a great amount of silver and All-Hero Pass depending on the number of Ranked Solo matches they play. Visit the official website, Discord, Facebook, YouTube, and Twitter for more information. About Pearl Abyss Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss' games are built on the company's own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia's leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com Photo - https://photos.prnasia.com/prnh/20200917/2920588-1?lang=0 Related Links :http://www.pearlabyss.com/
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Cloud4C Appoints Terrence Yong as Board Member for Singapore and Chairman for Malaysia
KUALA LUMPUR, Malaysia, Sept. 18, 2020 /PRNewswire/ -- Cloud4C - World's leading Cloud Managed Services Provider - announced appointment of Mr. Terrence Yong as Member of the Board, Singapore and Chairman, Malaysia. Mr Terrence Yong , Board Member, Chairman - Malaysia Cloud4C Cloud4C is committed to further enhance its market dominance in the South East Asian market, with distinct managed services offerings in cloud, automation, Analytics and SAP practice. The enterprises in the region are embarking on the Digital Transformation journey, with more than 50% businesses already on cloud as there is a latent demand for IT modernization. The cloud services market is growing with a CAGR of 12% in Malaysia and is expected to reach $3.7 Bn by 2024. Singapore has a strong public cloud market, growing at 20% to reach $3.5 Bn by 2023. Powering 3 out of 5 Hyperscalers, Cloud4C is best positioned to lead the wave of technology adoption with the best of the breed tools and unmatched expertise. Terrence will be a key member of the leadership team focusing to build strong organization culture and ethos to support a differentiated market position and work closely with CIO's, technology leaders to design contemporary IT strategies to transform their organizations. "I'm extremely delighted to welcome Terrence to the Cloud4C family. He is a seasoned transformational leader with strong people development expertise and multi-country management prowess. Terrence will help us pursue the strategic vision for the region, delivering greater value to our shareholders," said Sridhar Pinnapureddy, Founder and CEO, Cloud4C. Terrence has been an entrepreneurial leader with 22 years of rich industry experience spread across product marketing, operations, strategic management of the SME and Enterprise business. He is the former Managing Director of SAP, Malaysia. "Cloud4C is at the vantage point to be a formidable market leader in the region, with the wealth of expertise built over the years. It will be a pleasure to support the organization in sustaining a distinct value driven culture, and enabling rapid growth," said Terrence Yong, Member of the Board, Singapore and Chairman, Malaysia, Cloud4C. About Cloud4C: Cloud4C is World's leading Cloud Managed Services Provider serving 4,000 customers in 25 Countries and 50 locations including 60 of the Fortune 500 Global Multinationals. The company provides cloud (public, private, hybrid) and community cloud services (Banking Community Cloud, SAP Community Cloud), cloud migration on hyperscalers such as AWS, Microsoft Azure, Google Cloud, end to end cloud managed services, disaster recovery services, managed security services and helps businesses comply with stringent data sovereignty laws in respective countries. The company plans to expand its geographical footprint to 80 countries and 160 locations worldwide in the next 36 to 48 months. Media Contact:B.S. RaoVice President and Global Head (PR and Communications)Cloud4C Servicesbsrao@cloud4c.com www.cloud4c.com Logo: https://mma.prnasia.com/media2/1198268/Cloud4C_Logo?p=medium600 Photo: https://mma.prnasia.com/media2/1276235/cloud4c_terrence_yong.jpg?p=medium600
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SUSE Delivers Third Quarter Expansion Amid Global Pandemic
- Global growth highlighted by 81% leap in cloud ACV bookings, 35% increase in high-value customer deals, and strong growth in North America and Asia Pacific and Japan - Organic growth complemented by the planned acquisition of Rancher Labs LONDON, Sept. 18, 2020 /PRNewswire/ -- SUSE®, the world's largest independent open source company, today announced financial results* and highlights from the third quarter of its fiscal year 2020 ended July 31. SUSE's Q3 revenue increased 14% year over year amid the effects of the COVID-19 pandemic on the global economy this quarter. Cloud ACV (Annual Contract Value) bookings continued to flourish with 81% growth, marking 14 consecutive quarters of year over year cloud ACV increase. Other Q3 business highlights include: Larger deal sizes - 35% increase year to date in customer deals worth more than $1 million. Increased demand for enterprise Linux to run SAP workloads - 50% jump in ACV bookings year over year for SUSE Linux Enterprise Server for SAP Applications. Significant growth in North America and Asia Pacific and Japan - 25% and 21% increases, respectively, in ACV bookings year over year. Noteworthy new customer wins in the quarter include Dell EMC and global measurement and automation technology provider Endress+Hauser. "As the world works through the challenges of the current pandemic, SUSE continues to deliver value as a partner, community member and provider of transformational technology solutions," said Melissa Di Donato, SUSE CEO. "Our ongoing growth reflects our dedication to customer satisfaction as well as SUSE's strong business model and resilience as a company. And we aren't stopping here as we plan to further accelerate our growth trajectory with the announcement of a definitive agreement to acquire Rancher Labs, which will significantly expand our portfolio and share in the Kubernetes market." SUSE also strengthened its leadership team in Q3 with executive appointments to support the company's key growth objectives, including Chief Financial Officer Andy Myers and Chief Growth Officer Michael A. Riley, along with regional sales leads Jeff Lattomus, president, North America, and Phillip Miltiades, president, Asia Pacific and Japan. To further accelerate its power to innovate, SUSE opened a new engineering and innovation center in Sofia, Bulgaria, joining major SUSE development sites in Germany, Czechia, India and the United States. About SUSESUSE, the world's largest independent open source company, provides unparalleled customer choice and powers digital transformation for the enterprise by simplifying, modernizing and accelerating traditional, cloud and edge solutions. SUSE collaborates with partners, communities and customers to deliver and support solutions that enable mission-critical business outcomes. SUSE's container and cloud platforms, software-defined infrastructure, artificial intelligence and edge computing solutions allow customers to create, deploy and manage workloads anywhere - on premises, multi-cloud and edge. For more information, visit www.suse.com. *Unaudited results (non IFRS at budget exchange). Copyright 2020 SUSE LLC. All rights reserved. SUSE and the SUSE logo are registered trademarks of SUSE LLC in the United States and other countries. All third-party trademarks are the property of their respective owners. Photo - https://mma.prnasia.com/media2/1276732/suse_financial_highlights_q3fy20.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/224623/suse_logo.jpg?p=medium600 Related Links :http://www.suse.com
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The Denver Gazette partners with PressReader, uses their Branded Editions 2.0 product to launch interactive newspaper
VANCOUVER, Sept. 18, 2020 /PRNewswire/ -- The Denver Gazette and PressReader are excited to announce they have inked a landmark deal to launch a brand new online newspaper, using PressReader's award-winning Branded Editions 2.0 technology. The Denver Gazette is part of the group that also owns The Colorado Springs Gazette, Colorado Politics, Out There Colorado, the Washington Examiner, as well as the rights to the former Rocky Mountain News. The Denver Gazette is positioned to serve the news-savvy city of Denver, USA. It will deliver high-quality journalism, providing readers a complete picture of happenings both locally and nationally, all while immersing them in a superior reading experience. The daily interactive newspaper leverages Branded Editions' premium publishing platform, which provides readers access to interactive content on the web or via their mobile devices. The interactive newspaper, which launched on 14 September, will put out editions seven days a week and offer exciting digital features such as multimedia, article sharing, instant translation in up to 18 languages, and voice narration – all of which will be delivered to the reader's inbox daily at 5 p.m. MST. The Denver Gazette is poised to compete at the highest level in Colorado and, more specifically in Denver, with a focus on providing Mile High City residents with city hall and legislative news, suburban and statewide reporting, business, outdoor trends, entertainment, and local editorials. Chris Reen, President & Publisher of The Denver Gazette, said the newspaper "will give you a complete picture of what's happening locally and nationally, in sports, business and local news. It's fully interactive, but it will look exactly like your newspaper, just in digital format. Ours will be what we call 'next generation' in that there will be a lot more multimedia involved with the product, and it will be easier to use. COVID has accelerated digital adoption and usage — we see that with remote work and learning. Launching a fully digital, interactive, next-generation newspaper at this time is leaning into that technology advancement." To deliver the highest quality product, The Denver Gazette and the Branded Editions team worked closely together over the past months to custom build the digital platform, bringing the full potential of the content to life using the latest technologies. "Partnering with the Denver Gazette made perfect sense. As they set out to produce incredible content for their new audience, we want to ensure that their readers have the highest quality platform to consume it in," notes Steve Chapman, VP Content Partnerships at PressReader. "Now, when it matters more than ever, we are working closely with our publishing partners to connect them to their readers in the way they want." The Denver Gazette is available from the 14 of September 2020. Check it out here! About PressReader PressReader is on a mission to improve the way people discover stories that matter to them. With offices in Vancouver, Dublin, and Manila, the company provides the largest all-you-can-read platform of newspapers and magazines where people can discover relevant and trusted content from anywhere in the world. Find publications such as The Wall Street Journal, The Washington Post, Los Angeles Times, The Globe and Mail, The Guardian, Newsweek, Forbes, Le Figaro, and Vanity Fair, to name just a few. Using their phone, tablet, or computer, readers can browse content online or download entire issues using the PressReader app. They can subscribe for unlimited access, or get the full experience sponsored by one of its brand partners - businesses that leverage the premium content platform to enhance their customers' experience - household names like British Airways, Turkish Airlines, Cathay Pacific, Air Canada, Marriott, Fairmont Hotels, Seabourn Cruise Lines, Princeton University, and the New York Public Library. PressReader's digital edition technology (Branded Editions) powers many of the world's most iconic publishers for their privately labeled digital editions, bespoke apps, and web kiosks – brands like The New York Times, Arkansas Democratic-Gazette, El País, The Washington Post, The Globe and Mail, The Guardian, The Times (of London), Haymarket, ABC, and Clarín. Media Inquiries: Sandra Young, Manager, Public Relations & Brand Strategy, T: +1.778.828.1386, E: sandray@pressreader.com Related Links :http://www.pressreader.com/
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Stark Group selects Planon's Lease Accounting solution to comply with IFRS 16 standards
BRIGHTON, England, Sept. 18, 2020 /PRNewswire/ -- Stark Group, one of the largest retailers and distributors of building materials for the professional segment in Northern Europe, has selected Planon Universe for Financial Professionals to comply with IFRS 16 standards. Planon is the leading global provider of software that supports corporate real estate and facility managers in optimising their business and workplace performance. Founded in 1896 with headquarters in Denmark, Stark Group has been continuously developing and strengthening its position in the market and is well regarded in the construction industry. In addition to supplying products, the organisation also provides valuable advice and services to builders across the entire Nordic region. With over 10,000 employees and 412 stores in six countries, Stark Group handles 4,200 lease contracts across all countries in which it operates. "We have chosen Planon software for Lease Management and IFRS 16 compliance because of the maturity of the solution and the structured implementation process," said Michael Peter Jakobsen, Group Finance Manager at Stark Group. After an in-depth selection of vendors with a focus on business and technical requirements, demonstration, implementation, Nordic references and financial proposal, Planon was selected as the preferred supplier. Karsten Wingsted, Finance Specialist at Stark Group, explains, "The opportunity to speak with several Planon customers before making our decision gave us the confidence that Planon would be the best partner to choose. This eased our search for an integrated lease management and IFRS 16 lease accounting solution." "With an expanding local presence in the Nordic region and growing customer base, we are seeing an increased demand for these types of solutions," said Pierre Guelen, CEO at Planon. "Due to COVID-19, the implementation will be done remotely over a period of six weeks. This is where one of Planon's core strengths really comes into play - an established combination of strong local presence and an international team used to remote working." Consultancy firm Deloitte is advising Stark Group as a skilled partner, whilst implementation is handled by Planon, ensuring a smooth, compliant and timely operation. About Planon With over 35 years of experience, Planon is the leading global provider of innovative software, proven best practices and professional services that help building owners and occupiers, commercial service providers, and financial controllers to streamline business processes for buildings, assets, workplaces and people.Related Links :https://planonsoftware.com
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Equiteq supports VISEO on its APAC expansion with the acquisition of Cludo, a Salesforce leader in the Australian market
SINGAPORE, Sept. 18, 2020 /PRNewswire/ -- Equiteq is pleased to announce it has supported VISEO, a global technology company specializing in digital transformation services, in its acquisition of Cludo, a leading Australian Salesforce Platinum Partner. Joining forces enhances the ability of both companies to deploy larger-scale digital projects across Australia and the APAC region, as the addition of Cludo's digital transformation expertise will complement VISEO's comprehensive range of digital services offerings. "This is a natural union. Like VISEO, we are committed to our customers and our people, and culturally and operationally we are strongly aligned. This merger is great news for our people and will benefit our customers and the Salesforce ecosystem by allowing us to combine with a global leader, accelerate innovation and drive even greater customer success," explains Ian Goodwin, Co-Founder and CEO of Cludo. "VISEO Australia is delighted to welcome the Cludo team into our organisation. We share a similar company culture and vision, and our potential synergies are aligned with our strategy to become a top-3 Salesforce player in ANZ in the next 3 years," says Pierre-Francois VIEAU, Managing Director of VISEO Australia. "We are very pleased and honoured to welcome Cludo as part of the VISEO family. This move reflects our ambition for Australia. It will consolidate our partnership with Salesforce and accelerate our Cloud First Strategy," adds Olivier Dhonte, VP APAC and Chairman of the VISEO Group. Charles Woodall, SVP Alliances & Channels, Salesforce APAC said, "Cludo is a fast-growing member of Salesforce's ecosystem, driving substantial digital transformation projects for our joint customers. We welcome its acquisition by VISEO, which will support Salesforce's digital transformation capabilities in Australia and across the region." Regarding Equiteq's role in the transaction, Olivier also remarked, "Their comprehensive support ranges from initial market assessment and research, initial contacts and negotiations, down to the completion of the deal. Their deep understanding of the Salesforce market, together with the right combination of local and regional support, have been instrumental in the success of this project. " Jean-Louis Michelet, MD Equiteq Asia-Pacific, and Alex Monck, MD ANZ, commented: "We are proud that our Australian team has made it possible for Equiteq to contribute once again to VISEO's growth journey."Related Links :https://www.equiteq.com/home/
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Equiteq supports VISEO on its APAC expansion with the acquisition of Cludo, a Salesforce leader in the Australian market
SINGAPORE, Sept. 18, 2020 /PRNewswire/ -- Equiteq is pleased to announce it has supported VISEO, a global technology company specializing in digital transformation services, in its acquisition of Cludo, a leading Australian Salesforce Platinum Partner. Joining forces enhances the ability of both companies to deploy larger-scale digital projects across Australia and the APAC region, as the addition of Cludo's digital transformation expertise will complement VISEO's comprehensive range of digital services offerings. "This is a natural union. Like VISEO, we are committed to our customers and our people, and culturally and operationally we are strongly aligned. This merger is great news for our people and will benefit our customers and the Salesforce ecosystem by allowing us to combine with a global leader, accelerate innovation and drive even greater customer success," explains Ian Goodwin, Co-Founder and CEO of Cludo. "VISEO Australia is delighted to welcome the Cludo team into our organisation. We share a similar company culture and vision, and our potential synergies are aligned with our strategy to become a top-3 Salesforce player in ANZ in the next 3 years," says Pierre-Francois VIEAU, Managing Director of VISEO Australia. "We are very pleased and honoured to welcome Cludo as part of the VISEO family. This move reflects our ambition for Australia. It will consolidate our partnership with Salesforce and accelerate our Cloud First Strategy," adds Olivier Dhonte, VP APAC and Chairman of the VISEO Group. Charles Woodall, SVP Alliances & Channels, Salesforce APAC said, "Cludo is a fast-growing member of Salesforce's ecosystem, driving substantial digital transformation projects for our joint customers. We welcome its acquisition by VISEO, which will support Salesforce's digital transformation capabilities in Australia and across the region." Regarding Equiteq's role in the transaction, Olivier also remarked, "Their comprehensive support ranges from initial market assessment and research, initial contacts and negotiations, down to the completion of the deal. Their deep understanding of the Salesforce market, together with the right combination of local and regional support, have been instrumental in the success of this project. " Jean-Louis Michelet, MD Equiteq Asia-Pacific, and Alex Monck, MD ANZ, commented: "We are proud that our Australian team has made it possible for Equiteq to contribute once again to VISEO's growth journey."Related Links :https://www.equiteq.com/home
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Cision Announces New CEO, Marking a New Phase of Growth
CHICAGO, Sept. 17, 2020 /PRNewswire/ -- Cision, an industry-leading earned media communications management and media advisory platform, today announced it has appointed Abel Clark as Chief Executive Officer, effective immediately. Brandon Crawley, Managing Director at Platinum Equity was acting as Interim CEO. Abel Clark, Chief Executive Officer "Since Platinum Equity's acquisition of Cision, our focus has been on unlocking the value potential of the business," said Crawley. "We are excited for Abel to help push this vision forward and confident that his customer-oriented approach and his extensive background in driving successful global growth strategies will be invaluable." Clark has extensive experience executing high-impact growth strategies and business transformations, with an impressive track record of leading strong and engaged teams to accelerate revenues and profitability. "I am thrilled to be joining Cision at such an exciting time for the company and our customers," said Clark. "Cision has a world-class global earned media management platform and we are best positioned to partner with our customers in order to deliver the next-generation of technology, workflow solutions and market insight." Most recently, Clark was CEO and Chairman of TruSight, a start-up backed by leading financial services companies, established to transform third party risk management. Under his leadership the business achieved rapid market adoption and customer expansion, positioning the company for long-term success. Previously, Clark was the Global Managing Director of Thomson Reuters' $5.5bn Financial division, serving 40,000 customers in over 100 countries. His focus on strategic growth opportunities, resource reallocation, business simplification and the shift from a product focus to a customer-led platform business resulted in an increased organic growth rate and substantial margin expansion. Prior to his role in the Financial division, Clark ran the $1.8bn trading systems business, Marketplaces, during which time he led the turnaround and re-positioning of the global foreign exchange business to achieve market leadership and sustainable growth. Earlier, he was the Chief Strategy Officer for Thomson Reuters Corporation and member of the Executive Committee. About CisionCision is a leading global provider of earned media software and wire distribution services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has over 4,800 employees with offices in 24 countries throughout the Americas, EMEA, and APAC. For more information about Cision's award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision. Media Contact:Rebecca DershPR Managercisionpr@cision.com Photo - https://mma.prnasia.com/media2/1276144/abel_clark.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/467136/cision_logo.jpg?p=medium600 Related Links :http://www.cision.com
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Agora Launches Virtual Conference RTE2020 to Talk Real-Time Engagement
Agora teams up with virtual event platform Run The World to host RTE2020 and unite leading global voices as worldwide streaming adoption skyrockets SANTA CLARA, California, Sept. 17, 2020 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a Real-Time Engagement (RTE) platform-as-a-service, today announced it will host its premier virtual conference RTE2020 on October 13-14, 2020. RTE2020 will remotely bring together leading global voices to discuss innovations in voice, video and streaming, at an unprecedented time when RTE is being adopted globally. Agora is partnering with its very own customer, virtual event platform Run The World, to produce an immersive, deeply engaging experience throughout two days of speaking sessions, panels and more. Attendees can register free of charge now at rte2020.agora.io, and they will receive an access link and log-in to create a profile and freely explore the conference. RTE2020 will be hosted on Run The World's website and mobile app. "RTE2020 is a milestone opportunity for innovators to connect and collaborate on the future of Real-Time Engagement at a time when adoption of it has been urgent," said Reggie Yativ, Chief Operations Officer and Chief Revenue Officer at Agora. "Just like the technology we power, this event is all about community. We want to gather developers and entrepreneurs who are itching to build the next app or platform for us to connect, play or work from any corner of the globe. We invite all to join us to learn more about the future of RTE." In addition to programming featuring leading experts, such as Q&As and AMAs, RTE2020 will feature interactive elements including: Virtual Networking: Attendees can network at will by creating a profile and messaging other attendees through the event's mobile app, as well as participate in casual one-on-one "cocktail hour" experiences where they'll be matched with new attendees every five minutes. Interactive Polling: Right in the middle of a speech, AMA or panel, speakers can create and distribute a quick poll in real-time. Participants can see other attendees who chose the same answer as them and use the poll as a discussion point to connect. Personalized "Groupfie": Each attendee will receive a fun, personalized "groupfie" photo, modeled after a selfie, with speakers and other attendees to share on social media. "Unlike one-way webinars or traditional video conferencing, our Run The World platform enables attendees to meet speakers and socialize with each other," said Xiaoyin Qu, co-founder and Chief Executive Officer at Run The World. "The experience we are creating for RTE2020 goes to show dynamic, virtual conferences have a strong place in our future. We couldn't be more excited to partner with Agora and connect the world's leading minds for this event." Agora will release RTE2020 speakers, a program schedule and more details closer to the event in October. Please visit rte2020.agora.io to learn more or submit to the call for papers. About Agora Agora's mission is to make real-time engagement ubiquitous, allowing everyone to interact with anyone, in any application, anytime and anywhere. Agora's platform provides developers simple, flexible and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement experiences into their applications. About Run The World Run The World is the leading online events platform that brings community together via interactive and social video experiences online, recently raised $15M from Andreessen Horowitz, Founders Fund, GGV Capital, Will Smith and Kevin Hart. Unlike webinars or Zoom, Run The World enables the most interactive and social online events where attendees can meet each other and engage in two-way conversations with the speakers. Logo - https://mma.prnasia.com/media2/240347/agora_inc_logo.jpg?p=medium600 Related Links :http://www.agora.io
