Technology company Continental has launched its first private 5G network among its European manufacturing sites at its display solutions plant in Brandýs nad Labem, in the Czech Republic. The 5G network, specifically set up to fit Continental’s requirements for high-tech production, from Czechia’s T-Mobile is expected to further advance the digitalisation of production by speeding up… Continue reading Continental optimises manufacturing at Czech plant with private 5G network
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THE GLENEAGLES HOTEL IN SCOTLAND WINS THE ART OF HOSPITALITY AWARD AS PART OF THE WORLD’S 50 BEST HOTELS 2023
The luxury hotel, spa and golf resort is lauded for its exceptional service, delivered from the picturesque Scottish Highlands. LONDON, Aug. 22, 2023 /PRNewswire/ — Gleneagles in Perth, Scotland, has been named the winner of the Art of Hospitality Award ahead of the inaugural edition of The World’s 50 Best Hotels awards in September. The… Continue reading THE GLENEAGLES HOTEL IN SCOTLAND WINS THE ART OF HOSPITALITY AWARD AS PART OF THE WORLD’S 50 BEST HOTELS 2023
North Highland Recognized by Independent Research Firm Among Notable Digital Transformation Service Providers
North Highland recognized for digital transformation services with an industry focus in Financial Services, Government and Pharmaceuticals and Medical Equipment ATLANTA, Aug. 22, 2023 /PRNewswire/ — North Highland, the leading change and transformation consultancy, was named among “Notable Providers” in the small market size segment of Forrester’s The Digital Transformation Services Landscape, Q3 2023 report.… Continue reading North Highland Recognized by Independent Research Firm Among Notable Digital Transformation Service Providers
Warehouse Robotics Market to be Worth $17.29 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ — The global warehouse robotics market size is anticipated to reach USD 17.29 billion by 2030, exhibiting a CAGR of 19.6% over the forecast period, according to a new report published by Grand View Research, Inc. The expansion of the e-commerce industry, rising labor costs, and the need for greater… Continue reading Warehouse Robotics Market to be Worth $17.29 Billion by 2030: Grand View Research, Inc.
AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA
LYSAKER, Norway and NEW ORLEANS, Aug. 22, 2023 /PRNewswire/ — AMSC ASA (“AMSC“) and Maritime Partners, LLC today announced that AMSC and Project Merchant Acquisition LLC (the “PM Acquisition“), a newly-formed company owned and controlled by a fund managed by Maritime Partners, LLC, have signed a share purchase agreement (the “SPA“) for PM Acquisition’s purchase… Continue reading AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA
AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC
LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC“) and Maritime Partners, LLC. (“Maritime Partners“) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition“), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC
Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies
TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates… Continue reading Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies
Apple backs Right to Repair bill in California
The tech giant has a history of opposing the Right to Repair movement. Apple officially endorsed Senator Susan Talamantes Eggman’s Right to Repair Bill in California, according to iFixit. Reuters says the tech giant even sent legislators in the state a letter, urging them to pass Senate Bill 244, which requires companies to provide consumers… Continue reading Apple backs Right to Repair bill in California
Cathay Capital makes final close of Consumer Co-Creation FundThe news comes over two years after the fund announced its first close in July 2021.
Global investment firm Cathay Capital has secured the final close of its Consumer Co-Creation Fund, a fund dedicated to invest in and incubate early-stage Chinese consumer goods and retail firms with high growth potential. While the Paris-headquartered investment firm did not divulge the size of the final close, the fund has roped in some of… Continue reading Cathay Capital makes final close of Consumer Co-Creation FundThe news comes over two years after the fund announced its first close in July 2021.
PE giant Blackstone revives fund launch for wealthy individuals
Blackstone Group plans to launch a private equity fund for wealthy individuals after a months-long delay, the Financial Times reported on Thursday. Blackstone will begin taking subscriptions for the Blackstone Private Equity Strategies Fund, or BXPE, in the fourth quarter and it is planned to be launched in January, the report added, citing two people… Continue reading PE giant Blackstone revives fund launch for wealthy individuals