Tag: People

ID.me Announces $275 Million Financing from Ares Management

MCLEAN, Va., Jan. 30, 2025 /PRNewswire/ — ID.me, the market leading digital identity wallet, today announced it has closed a $275 million credit facility provided by Ares Management funds (“Ares”). Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me’s continued acceleration, as ID.me is revolutionizing the way Americans securely… Continue reading ID.me Announces $275 Million Financing from Ares Management

Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., Jan. 30, 2025 /PRNewswire/ — The Smart Transportation Market is estimated at USD 129.72 billion in 2024 to USD 276.65 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.4%, according to a new report by MarketsandMarkets™.   Smart transportation is a modernization that digitally integrates AI, IoT, 5G as… Continue reading Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™

NHS Supply Chain selects Leidos for cyber security

LONDON, Jan. 30, 2025 /PRNewswire/ — Leidos (NYSE: LDOS) announced today the company has been contracted for cyber security work by NHS Supply Chain, which supports excellence in patient care across England and Wales by ensuring access to high-quality, cost-effective medical products, services and food. During the initial three-year contract, Leidos will work to enhance… Continue reading NHS Supply Chain selects Leidos for cyber security

Battery as a Service Market worth USD 14.45 Billion by 2035| MarketsandMarkets

DELRAY BEACH, Fla., Jan. 30, 2025 /PRNewswire/ — The global battery as a service market is projected to reach from USD 0.66 Billion in 2024 to USD 14.45 Billion in 2035, at a CAGR of 32.4%, according to a new report by MarketsandMarkets. The battery as a service market is gaining momentum due to the increasing adoption of… Continue reading Battery as a Service Market worth USD 14.45 Billion by 2035| MarketsandMarkets

Introducing Transformative Sourcing & Supplier Discovery with Market Dojo and Veridion

STROUD, England, Jan. 30, 2025 /PRNewswire/ —  Market Dojo, a leader in eSourcing solutions, has partnered with Veridion, pioneers in supplier discovery, to deliver an integrated platform that redefines how procurement professionals identify and engage suppliers. This powerful collaboration enables procurement teams to source smarter, faster, and with greater precision, addressing key challenges faced in… Continue reading Introducing Transformative Sourcing & Supplier Discovery with Market Dojo and Veridion

SMMT – Vehicle production dips amid EV transformation and intense market pressure

British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production. 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output. Potential to surpass one million cars and light vans in 2028 if markets improve and model launches stay on track.… Continue reading SMMT – Vehicle production dips amid EV transformation and intense market pressure

Babel Cover unveils BMIC and landmark collaboration with Warranty Solutions Group

LONDON, Jan. 29, 2025 /PRNewswire/ — Babel Cover, a British financial engineering and insurance technology company, proudly unveils the British Motorcycle Insurance Community (BMIC), an exciting and fast-growing brand dedicated to supplying UK bikers with innovative technologies to manage financial risk. In a strategic move to enhance its offerings, BMIC has forged a powerful collaboration… Continue reading Babel Cover unveils BMIC and landmark collaboration with Warranty Solutions Group

Moove Acquires Kovi, Strengthening its Position as a Global Leader in Mobility

Moove’s total global fleet now comprises 36,000 vehicles.  As part of its long term strategy to meet growing demand, Moove will order no fewer than 15,000 vehicles annually across all its markets.  The acquisition strengthens Moove’s ARR revenue to upwards of $275 Million (on a consolidated basis).  Moove’s presence now spans 19 cities across 6… Continue reading Moove Acquires Kovi, Strengthening its Position as a Global Leader in Mobility