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Pacific General Announces Successful Exit of Playa Bowls

Pacific General Announces Successful Exit of Playa Bowls

NEW YORK, Sept. 10 (Korea Bizwire) — Pacific General, a New York based investment firm specializing in consumer and industrials private equity investments with a cross-border value creation strategy, announced that it has sold its stake in Playa Bowls, the largest superfruit bowl franchise restaurant concept in the U.S., to Sycamore Partners. Founded in 2014, [...]

VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program

VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program

KUALA LUMPUR, Malaysia, Sept. 10, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”) is pleased to announce its planning related to the reorganization of its AI business, capital raising, and the forthcoming share repurchase program. AI Business VCIG has initiated a strategic reorganization of its AI [...]

More safety, comfort, and driving dynamics: Bosch and Pirelli signed a development cooperation for intelligent tyre technology

More safety, comfort, and driving dynamics: Bosch and Pirelli signed a development cooperation for intelligent tyre technology

The cooperation will combine Bosch’s expertise in system-level hardware, software, with MEMS sensors and Pirelli’s Cyber Tyre technologies, algorithms, modeling and in-tyre sensors STUTTGART, Germany and MILAN , Sept. 10, 2024 (Korea Bizwire) – Pirelli and Bosch have signed a joint development agreement. It aims at jointly creating new software-based solutions and driving functions thanks [...]

Boyden France Names Global Leader, François Nouri, Partner

Boyden France Names Global Leader, François Nouri, Partner

François Brings Two Decades of Human Resources and Executive Search Experience, Effectively Aligning Top Talent with Company Culture PARIS, Sept. 10, 2024 (Korea Bizwire) – Boyden, a premier global leadership and talent advisory firm, has named François Nouri Partner. Based in Paris, François joins the partnership’s growing Executive Search team in France, assisting the firm’s suite of clients [...]

ETC’s Aerospace and Commercial/Industrial Units Awarded Contracts Totaling $13.4 Million

ETC’s Aerospace and Commercial/Industrial Units Awarded Contracts Totaling $13.4 Million

SOUTHAMPTON, Pa., Sept. 9 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Aerospace Solutions Segment announced it has been awarded $9.7 million in contracts from three international customers in the Aeromedical Training Solutions (“ATS”) business unit for mid-life upgrades of various Aerospace products as well as a contract for an Airfield Driver [...]

The Next Step in the Evolution of the Dormer Pramet Brand

The Next Step in the Evolution of the Dormer Pramet Brand

CHICAGO, Sept. 09, 2024 (Korea Bizwire) – Dormer Pramet is proud to announce the unveiling of our redefined brand identity at IMTS 2024, marking the beginning of a new era for our company. Visitors to our booth will experience first-hand the fresh visual identity and innovative products that reflect our commitment to simplifying messages and [...]

Quantexa Launches Global Public Sector Business Unit to Help Government Agencies and Departments Breakdown Data Silos, Harness AI, and Use Automation to Drive Efficiency

Quantexa Launches Global Public Sector Business Unit to Help Government Agencies and Departments Breakdown Data Silos, Harness AI, and Use Automation to Drive Efficiency

Growing roster of government clients now includes U.S. Special Operations Command, Belgium Federal Public Service Finance, UK Cabinet Office, Public Sector Fraud Authority, Mersey Care NHS Trust, and Service NSW Australia West Point graduate and tech industry veteran, Frank Ignazzitto, joins Quantexa’s group of regional executives to lead U.S. Public Sector efforts Company continues to [...]

World First: TMC and PAMCO Achieve Breakthrough in Commercial-Scale Processing of Polymetallic Nodules, Successfully Producing Calcine

World First: TMC and PAMCO Achieve Breakthrough in Commercial-Scale Processing of Polymetallic Nodules, Successfully Producing Calcine

TMC and PAMCO successfully produced calcine from a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s Hachinohe Rotary Kiln Electric-Arc Furnace (RKEF) facility in Japan The nodules were heated to remove moisture and initiate the mineral transition to metallic form, producing approximately 500 tonnes of calcine in [...]

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius® Reserving Solution

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius® Reserving Solution

Bringing the Best Reserving Solution In-House for Unmatched Innovation PARIS, NEW YORK and ATLANTA, Sept. 09, 2024 (Korea Bizwire) – Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce its acquisition of Arius®, an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and [...]

Schneider Electric launches AI-powered home energy management feature for Wiser Home

Schneider Electric launches AI-powered home energy management feature for Wiser Home

Schneider Electric announced its artificial intelligence-powered feature is now live on the Wiser Home app. This new feature is available to Wiser Home users in Spain, Portugal, France, Germany, and Austria. Schneider Electric, the leader in the digital transformation of energy management and automation, today announced its artificial intelligence-powered feature is now live on the [...]