MÖGLINGEN, Germany and LONDON, Dec. 4, 2024 /PRNewswire/ — Thoma Bravo, a leading software investment firm, today announced the completion of its acquisition of a majority stake in USU Product Business (“USU Product”), a leading provider of IT management solutions. Thoma Bravo has invested as new majority shareholder in USU Product with plans to further invest… Continue reading Thoma Bravo Completes Acquisition of Majority Stake in USU Product Business
Category: Automotive
Aloha Browser Crushes Cookies and Restores User Control to Protect Privacy with Industry-First Browser-Level Solution
Aloha released a groundbreaking “one and done” feature that eliminates cookie banners while allowing users to make conscious decisions on what data they share with websites. Aloha’s approach is the first to allow users to set cookie preferences at the browser level, and automatically applies them across all websites. Unlike solutions that simply “turn off”… Continue reading Aloha Browser Crushes Cookies and Restores User Control to Protect Privacy with Industry-First Browser-Level Solution
NKE FERSA and Nanoprecise revolutionize wind turbine maintenance with their new cutting-edge Condition Monitoring System
This strategic partnership introduces an AI-based condition monitoring solution that promises to transform wind farm operations worldwide. EDMONTON, AB, Dec. 4, 2024 /PRNewswire/ — To redefine wind turbine maintenance, NKE FERSA, the Austrian-based premium bearing manufacturer, and Nanoprecise, the Canadian predictive maintenance specialist, are launching their new and innovative Condition Monitoring System for wind turbines. “Our… Continue reading NKE FERSA and Nanoprecise revolutionize wind turbine maintenance with their new cutting-edge Condition Monitoring System
Descubra sonrisas esta Navidad con la divertida línea festiva de UGREEN
BERLÍN, 4 de diciembre de 2024 /PRNewswire/ — A medida que se acerca la temporada festiva, UGREEN, líder mundial en electrónica de consumo y tecnología de carga, presenta dos nuevas y emocionantes series de productos innovadores diseñados para acercar a las familias y los amigos. Basándose en la creencia de que la tecnología tiene el… Continue reading Descubra sonrisas esta Navidad con la divertida línea festiva de UGREEN
Novavax Announces Sale of Czech Republic Manufacturing Site to Novo Nordisk for $200 Million
Agreement provides significant, non-dilutive capital to Novavax, further enabling the Company to advance its corporate growth strategy of driving value from its pipeline assets and proven technology platform Provides Novavax with $190 million cash payment in 2024 and additional $10 million in 2025, and annual operating cost reductions of approximately $80 million GAITHERSBURG, Md., Dec. 4, 2024… Continue reading Novavax Announces Sale of Czech Republic Manufacturing Site to Novo Nordisk for $200 Million
Rupee finds mild relief as yuan nudges higher, portfolio outflows ease
Foreign institutional investors turned net buyers of Indian equities on Tuesday, pouring in about USD 430 million after three sessions of selling. The Indian rupee was a tad stronger on Wednesday, supported by gains in the Chinese yuan and on dwindling pressure from foreign portfolio outflows, which have been a persistent pain point for the… Continue reading Rupee finds mild relief as yuan nudges higher, portfolio outflows ease
EV penetration slows, India faces challenge to hit 2030 target
Updated On Dec 4, 2024 at 08:48 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals India’s electric vehicle (EV) penetration has grown at an annual rate of approximately 200 basis points (bps) between FY21 and FY24 but needs to double to 380 bps per year to achieve the national target of… Continue reading EV penetration slows, India faces challenge to hit 2030 target
Europe’s embattled auto sector plans plant closures and layoffs
Automotive companies in Europe are closing plants and laying off thousands of workers A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures announced in recent… Continue reading Europe’s embattled auto sector plans plant closures and layoffs
EKA appoints Sohel Merchant as Chief Innovation Officer to drive electric mobility solutions
Updated On Dec 4, 2024 at 08:25 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Sohel Merchant, Chief Innovation Officer, EKA Mobility EKA Mobility, an electric vehicle and technology company, has appointed Sohel Merchant as its Chief Innovation Officer. Merchant brings over 20 years of automotive industry experience to EKA, having… Continue reading EKA appoints Sohel Merchant as Chief Innovation Officer to drive electric mobility solutions
Fello Raises USD10.4M in Funding
Fello, a Chicago, IL-based provider of a support platform for loneliness, raised USD10.4M in funding. The amount included a seed investment from Glen Tullman’s 62Ventures, The Capital Factory Fellowship Fund, Katalyst Capital, Offline Ventures, and others. The company intends to use the funds to expand operations and its development efforts. Led by CEO Alyssa Pollack,… Continue reading Fello Raises USD10.4M in Funding