Category Archives: Business

Business Press Releases & News distributed via EuropaWire

SafeNet Virtual Encryptor CV1000 – Gemalto’s new virtualized network encryption platform

New virtual appliance simplifies management and deployment while lowering cost of ownership to encrypt traffic across all network layers AMSTERDAM, 08-Jun-2018 — /EuropaWire/ — Gemalto, the world leader in digital security, today announced the launch of a new virtualized network … Read the full press release

Digi Communications NV: The initiation by the Company of the share buy-back program as authorized by the Company’s GSM from 2 May 2018

BUCHAREST, Romania, 08-Jun-2018 — /EuropaWire/ — Digi Communications NV (The Company) would like to inform its shareholders and the market that, by decision from 7 June 2018, the Board of Directors of the Company decided upon the initiation of the … Read the full press release

Are Investors and Entrepreneurs species ahead of their time?

CAMBRIDGE, 07-Jun-2018 — /EuropaWire/ — The Invested Investor, a social enterprise aiming to increase the success rate of early-stage start-ups, recently interviewed two key figures in the investment world. Rajat Malhotra, Managing Partner of Wren Capital and former UKBAA Angel of … Read the full press release

Thales extends the acceptance period of the offer for Gemalto by ten weeks until 15 August 2018

Paris La Défense, 07-Jun-2018 — /EuropaWire/ — Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash … Read the full press release

Capgemini to acquire the commercial cybersecurity arm of the FORTUNE 500® company Leidos

PARIS, 07-Jun-2018 — /EuropaWire/ — Capgemini has entered into an agreement to acquire Leidos Cyber, the commercial cybersecurity arm of the FORTUNE 500® company Leidos*. This acquisition will reinforce the Group’s capabilities in North America, helping to meet growing customer demand for its portfolio … Read the full press release

Capgemini’s Lyons Consulting Group led the redesign of iconic resort wear brand Lilly Pulitzer’s online presence

LYONSCG delivers a cross-cloud unified experience with Salesforce Commerce Cloud and Marketing Cloud CHICAGO, IL, USA, 07-Jun-2018 — /EuropaWire/ — Lyons Consulting Group (LYONSCG), part of the CapgeminiGroup (CAP.PA), today announced that it helped lead the redesign of iconic resort wear brand  Lilly Pulitzer’s … Read the full press release

Capgemini recognized for ‘Partner Excellence in Accelerating Growth: Business Development’ at the 2018 Pega Partner Awards from Pegasystems Inc.

PARIS, 07-Jun-2018 — /EuropaWire/ — Capgemini today announced that is has been recognized for ‘Partner Excellence in Accelerating Growth: Business Development’ at the 2018 Pega Partner Awards from Pegasystems Inc., the software company empowering customer engagement at the world’s leading enterprises. Capgemini was … Read the full press release

Professor Knut Haanaes appointed Dean of the World Economic Forum’s newly established Global Leadership Institute

Knut Haanaes becomes Dean of the World Economic Forum’s newly established Global Leadership Institute Previously, Haanaes was a Senior Partner at BCG and taught at IMD Business School in Switzerland, Stanford University, BI Norwegian Business School and in the private … Read the full press release

GlaxoSmithKline plc completed the buyout of Novartis’ 36.5% stake in its Consumer Healthcare Joint Venture for $13 billion

Brentford, UK, 05-Jun-2018 — /EuropaWire/ — GlaxoSmithKline plc (LSE/NYSE: GSK) today announces that it has completed the buyout of Novartis’ 36.5% stake in its Consumer Healthcare Joint Venture for $13 billion (£9.3 billion*). The transaction, which was previously announced on 27 … Read the full press release

Safran: contemplated merger of Zodiac Aerospace and Safran expected to be completed before the end of 2018

PARIS, 05-Jun-2018 — /EuropaWire/ — Governing bodies of Safran and Zodiac Aerospace and the employee representatives at the two companies were informed of an envisaged merger of the entities via the absorption of Zodiac Aerospace by Safran. The contemplated merger is … Read the full press release

Infront acquires leading European obstacle course event organiser XLETIX GmbH

Investment in leading niche player and owner of XLETIX Challenge and Muddy Angel Run builds on personal and corporate fitness strategy ZUG, 05-Jun-2018 — /EuropaWire/ — Infront today announced the acquisition of leading European obstacle course event organiser XLETIX GmbH … Read the full press release

Hexagon announces acquisition of AutonomouStuff

STOCKHOLM, 04-Jun-2018 — /EuropaWire/ — Hexagon AB, a global leader in digital solutions, announces the acquisition of AutonomouStuff, one of the world’s leading suppliers of integrated autonomous vehicle solutions. Founded in 2010, US-based AutonomouStuff is pioneering turn-key platforms for autonomous vehicle … Read the full press release

Triton successfully completes sale of Ovako AB to Nippon Steel & Sumitomo Metal Corporation

STOCKHOLM/ TOKYO, Japan, 04-Jun-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have successfully completed the sale of Ovako AB (“Ovako”), a leading European producer of engineering steel to, Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), one of the world’s largest … Read the full press release

BMT Nigel Gee and Oceanco create new naval architecture and engineering company

LONDON, 04-Jun-2018 — /EuropaWire/ — UK-based BMT Nigel Gee and Dutch- based superyacht builder Oceanco have signed a strategic partnership for the formation of a new naval architecture and engineering company—Lateral Naval Architects Ltd. Lateral will provide high quality naval … Read the full press release

EY Power transactions and trends Q1 2018: power and utilities deals reach all-time quarter high

Power and utilities deal value hits all-time quarter high of US$97b in Q1 2018 71% of sector executives expect to see a rise in deal activity within the next year Almost half (49%) of all sector deals announced in Q1 … Read the full press release

Snam completes acquisition of an 82% controlling stake in TEP Energy Solution following antitrust clearance

San Donato Milanese (Milan), 02-Jun-2018 — /EuropaWire/ — Following antitrust clearance, Snam completed today the acquisition of an 82% controlling stake in TEP Energy Solution (TEP), one of Italy’s leading enterprises in the energy efficiency sector, for a total consideration of … Read the full press release

Coatings manufacturer Hempel A/S to acquire 65 percent of decorative paint manufacturer J.W. Ostendorf

Global manufacturer of coatings, Hempel, sees tremendous growth in the market for decorative paint. Kongens Lyngby, Denmark, 02-Jun-2018 — /EuropaWire/ — Hempel A/S has signed an agreement to acquire* 65 percent of one of Germany’s leading manufacturers of decorative paint, J.W. … Read the full press release

Inmarsat’s European Aviation Network (EAN) inflight wifi solution will be available for the business aviation market by January 2019

Award-winning solution developed with Deutsche Telekom will offer unprecedented connectivity to business jets, with commercial service expected by early 2019 LONDON, 02-Jun-2018 — /EuropaWire/ — Inmarsat (LON: ISAT), the world’s leading provider of global mobile satellite communications, announced today that its … Read the full press release

Inmarsat’s market-leading Jet ConneX business aviation inflight wifi service now installed and activated on 275 business jets worldwide

Impressive milestone reached after next-generation service is selected by the world’s leading business jet manufacturers as a preferred linefit option LONDON, 02-Jun-2018 — /EuropaWire/ — Inmarsat (LON: ISAT), the world’s leading provider of global mobile satellite communications, announced today that its … Read the full press release

Credit Suisse subsidiary SVC Ltd. for Risk Capital for SMEs strengthens its commitment in MedTech field with investment in start-up Ava AG

Company impresses with scientifically based ovulation tracker and underlying business model ZURICH, 31-May-2018 — /EuropaWire/ — Credit Suisse subsidiary SVC Ltd. for Risk Capital for SMEs, founded in 2010, provides Swiss SMEs and start-up companies with a total of CHF 130 million … Read the full press release