UBS to strengthen its position by acquiring Credit Suisse

UBS plans to acquire Credit Suisse. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as one of the leading Swiss-based global wealth manager with more than USD 3.4 trillion in invested assets on a combined […]

Vection Technologies grants patents across US and EUROPE

Vection Technologies, the INTEGRATEDXR® company, announces several patents granted across the US and Europe related to its INTEGRATEDXR® technology stack. The United States Patent Office (USPTO) has issued patent number 11,398,082 entitled “Affine transformations of 3D elements in a virtual environment using a 6DOF input device”. The patent is directed to a method that allow the user of a […]

Fujitsu collaborates with “Arena of IoT”

Fujitsu and EintrachtTech GmbH’s digital center “Arena of IoT” have partnered to increase sustainability in stadium management at Deutsche Bank Park as part of a joint project. EintrachtTech is the dedicated subsidiary of Eintracht Frankfurt responsible for all of Eintracht’s strategic digital projects. The digital center “Arena of IoT” develops the most ambitious Internet of […]

Zayo boosts European Infrastructural leadership with vital Fiber Expansion

Zayo Group Holdings, Inc., a leading global communications infrastructure platform, announced the deployment of a new 400 G-enabled route connecting Paris and Marseille—including first-in-market network hardening of this critical route leveraging next-generation fiber technologies—to provide enterprises with an easier and more secure way to transport rapidly increasing high-bandwidth traffic from these top-ten global internet hubs. […]

Hyzon onboards John Edgley as President of International Operations

Hyzon Motors Inc., a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), recently announced John Edgley has been appointed President of International Operations, effective immediately. In his new role, Edgley will oversee and manage Hyzon’s Europe, Australia, and New Zealand business regions, including full commercial, operational, and financial responsibilities. In his expanded role, Edgley will be responsible for leading […]

Highgate expands European Footprint with two significant developments

Highgate, a leading hotel management, investment, technology, and development company, has announced recently the launching of two significant European developments – the launch of HG Portugal and the relaunch of the Dorsett City London Hotel. Industry sources added that HG Portugal begins with a portfolio of 18 hotels spanning the Algarve, Lisbon, Porto, and several other markets throughout Portugal. The […]

Infosys announces new proximity center in Sweden

Infosys, a global leader in next-generation digital services and consulting, today announced a new proximity center in Sweden. With this investment, Infosys aims to enhance its localization strategy in the Nordics by bringing next-generation digital offerings to its clients in the region, as they navigate the next stage in their digital journeys. Over the past two decades, […]

Allegion to acquire plano group, a workforce management solution firm

Allegion plc, a leading global security products and solutions provider, has, through one of its subsidiaries, signed a definitive agreement to acquire assets of plano. group (“plano”), a software-as-a-service (SaaS) workforce management solution. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions. Based in Germany, plano has […]

Sylvamo announces agreed to acquire mill in Nymolla, Sweden

Sylvamo, one of the world’s paper company, is announcing it agreed to acquire Stora Enso’s uncoated freesheet paper mill in Nymolla, Sweden, for 150 million euros (approximately USD150 million) expected to be funded in cash, subject to customary purchase price adjustments. The agreement includes the mill, the strong brands it produces and the people who […]

Protembis appoints Azin Parhizgar as Board of Directors

Protembis GmbH, one of the privately-held emerging cardiovascular medical device company, recently announced the appointment of highly experienced and successful serial entrepreneur and medical device executive Azin Parhizgar (Ph.D.) as an Independent Member and Chairwoman of the Board of Directors. Azin remains committed to the embolic protection field after her recent successes with Claret Medical. […]