COPENHAGEN, Denmark, Jan. 22 (Korea Bizwire) — We are delighted to announce that DSV’s acquisition of UTi Worldwide Inc. has now been completed with the approval of UTi shareholders and competition authorities. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cd782a7e-f59a-46c7-9af0-1e3a782968c2 Jens Bjørn Andersen, CEO of DSV, comments “We are proud to welcome customers and [...]
MIAMI, FL, Dec. 14 (Korea Bizwire) – VMR Products, a leading electronic cigarette and vaporizer company, announced today a $23MM investment by Huabao International Holdings, a diversified holding company with significant interests in flavors and fragrances. This is the first major investment VMR has accepted since the company was founded in 2009. The investment will [...]
LONG BEACH, Calif., Dec. 8 (Korea Bizwire) — UTi Worldwide Inc. (Nasdaq:UTIW), a global supply chain services and solutions company, is proud to announce that its charitable foundation Delivering Better Lives (DBL) will be funding the building of a new Out Patients Department at Bwaila Hospital in Lilongwe, Malawi. The new department will make a [...]
IRVINE, CA, Dec. 3 (Korea Bizwire) – Ingram Micro Inc. (NYSE: IM) today announced that it has entered into an agreement to acquire certain assets from Parallels Holdings Ltd. (“Parallels”), a leading provider of commercial cloud management platform technologies, connectors, billing systems and professional services. Under the terms of the transaction, Ingram Micro will acquire the [...]
LONG BEACH, Calif., Dec. 1 (Korea Bizwire) — UTi Worldwide Inc. (Nasdaq:UTIW), a global supply chain services and solutions provider has introduced new multimodal hubs in Kuala Lumpur and Ho Chi Minh City to tackle the challenges of static air cargo capacity and service its Worldwide Gateways in Europe and the USA. Using these consolidation [...]
RICHARDSON, Texas, Nov. 13 (Korea Bizwire) — Fossil Group, Inc. (NASDAQ:FOSL) today announced that it has entered into a definitive agreement to acquire Misfit, Inc., an innovator in wearable technology and stylish connected devices. The acquisition will enable Fossil Group to expand its addressable market, offering consumers both traditional timepieces and fashionable connected accessories. Misfit [...]
SUN CITY, South Africa, Oct. 20 (Korea Bizwire) — During the closing ceremony of the 26th International Council for Open and Distance Education (ICDE) World Conference in Sun City, ICDE announced Canada’s Contact North | Contact Nord as the host of the 27th International Council for Open and Distance Education (ICDE) World Conference in Toronto, [...]
WUHAN, CHINA / HORSTMAR, GERMANY, Sept. 9 (Korea Bizwire) – The Board of Directors of the Joint Venture confirmed Bradley J. Hartsell as the Chief Executive Officer for Schmitz Dong Feng Special Vehicle Company located in Wuhan, China. He is taking over from Andreas Schmitz who is returning to Germany. Bradley Hartsell began to work [...]
WATERLOO, Ontario, Jul. 29 (Korea Bizwire) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, today announced that it has signed a software development cooperation agreement with SAP SE (NYSE:SAP). The partnership provides customers with an end-to-end business-content network for logistics collaboration and connectivity by creating a logistics message [...]
LONDON, UNITED KINGDOM and SANTA CLARA, CA, Jun. 30 (Korea Bizwire) – Ooyala, a leading video, analytics and advertising technology provider and independent subsidiary of telecommunications company Telstra, acquired Nativ, a provider of cloud-based media logistics and workflow software and services. Nativ’s modular suite of media production, post-production, delivery and syndication workflow software, called MioEverywhere, [...]