Small Business Saturday

HOERBIGER Strengthens its Market Position in South America

Retrieved on: 
Friday, January 12, 2024

WAUKEGAN, Ill and SAO PAULO, Jan. 12, 2024 /PRNewswire-PRWeb/ -- HOERBIGER, a global technology company with 6,000 employees in 43 countries, announces the acquisition of Minor Industria Mecanica de Precisão Ltda, the owner of the Minor Jupiter brand. The company will become part of HOERBIGER's Rotary Solutions Business Unit, which with this acquisition will both strengthen its position in South America and increase local manufacturing for customers in Brazil and surrounding countries.

Key Points: 
  • The company will become part of HOERBIGER's Rotary Solutions Business Unit, which with this acquisition will both strengthen its position in South America and increase local manufacturing for customers in Brazil and surrounding countries.
  • The company will become part of HOERBIGER's Rotary Solutions Business Unit, which with this acquisition will both strengthen its position in South America and increase local manufacturing for customers in Brazil and surrounding countries.
  • With this acquisition, HOERBIGER will strengthen its position in South America and extend local production for customers in Brazil and the surrounding countries.
  • This will enable us to put our strategy of being closer to our customers and producing locally for them into action in South America."

LivaNova to Wind Down Advanced Circulatory Support Business Unit

Retrieved on: 
Monday, January 8, 2024

LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today announced that it will commence immediately with an orderly wind down of the Advanced Circulatory Support (ACS) Business Unit to increase the Company’s strategic focus on its core Cardiopulmonary (CP) and Neuromodulation Business Units.

Key Points: 
  • LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today announced that it will commence immediately with an orderly wind down of the Advanced Circulatory Support (ACS) Business Unit to increase the Company’s strategic focus on its core Cardiopulmonary (CP) and Neuromodulation Business Units.
  • The wind down is anticipated to be complete by the end of 2024.
  • The Company expects to support scheduled service for the LifeSPARC and Hemolung platforms through the end of 2024.
  • The Company expects the wind down to result in a positive contribution to adjusted operating income in 2024 as compared to 2023.

Sosei Group Announces Appointment of Experienced Pharmaceutical Executive Toshihiro Maeda as Chief Operating Officer

Retrieved on: 
Friday, January 5, 2024

Tokyo, Japan and Cambridge, UK, 5 January 2024 – Sosei Group Corporation (“Sosei Heptares” or “the Company”; TSE: 4565) today announces the appointment of Mr. Toshihiro Maeda as Chief Operating Officer (“COO”).

Key Points: 
  • Tokyo, Japan and Cambridge, UK, 5 January 2024 – Sosei Group Corporation (“Sosei Heptares” or “the Company”; TSE: 4565) today announces the appointment of Mr. Toshihiro Maeda as Chief Operating Officer (“COO”).
  • Mr. Maeda brings with him a breadth of global management and commercialization experience and a strong background rooted in the pharmaceutical industry.
  • He also worked at McKinsey and Company in Japan and the UK where he gained global business experience in healthcare industry.
  • Chris Cargill, CEO and President of Sosei Heptares, commented: “I’m delighted to welcome Toshihiro to the team here at Sosei Heptares.

Silicon Motion Announces New Organizational Structure to Support Continued Global Business Growth

Retrieved on: 
Monday, December 11, 2023

TAIPEI, Taiwan and MILPITAS, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today, announced a new organizational structure and leadership team appointments to support the Company’s continued global business growth.

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today, announced a new organizational structure and leadership team appointments to support the Company’s continued global business growth.
  • The Enterprise Storage & Display Interface Solution (“ESDI”) Business Unit will encompass the Company’s enterprise SSD controllers and display interface products.
  • As part of the new organizational structure, Silicon Motion has created the following leadership roles:
    Nelson S. Duann, currently Silicon Motion’s Senior Vice President of Marketing and R&D, has been appointed as a Senior Vice President of the CAS business unit.
  • Alex Chou joins Silicon Motion as a Senior Vice President to lead the ESDI business unit.

Yili Group Celebrates Dynamic Global Relationships at the Top Partners Conference 2024

Retrieved on: 
Wednesday, December 27, 2023

SANYA, China, Dec. 27, 2023 /PRNewswire/ -- Between December 6 and 20, Yili Group and its Thai and Indonesian subsidiaries, respectively, brought together global partners for their Top Partners Conference 2024, themed "Grow with Innovation, Forward in Unity."

Key Points: 
  • SANYA, China, Dec. 27, 2023 /PRNewswire/ -- Between December 6 and 20, Yili Group and its Thai and Indonesian subsidiaries, respectively, brought together global partners for their Top Partners Conference 2024, themed "Grow with Innovation, Forward in Unity."
  • Yili's international business has experienced sustained and rapid growth, driven by the expansion of its strategic global network.
  • At the Top Partners Conference, Yili showered global partners with accolades, unveiling over a thousand awards across diverse categories, including team management, channel development, and outlet retailing.
  • This commitment to shared success has resulted in a robust global network of over 2,000 partners.

Yili Group Celebrates Dynamic Global Relationships at the Top Partners Conference 2024

Retrieved on: 
Wednesday, December 27, 2023

SANYA, China, Dec. 27, 2023 /PRNewswire/ -- Between December 6 and 20, Yili Group and its Thai and Indonesian subsidiaries, respectively, brought together global partners for their Top Partners Conference 2024, themed "Grow with Innovation, Forward in Unity."

Key Points: 
  • SANYA, China, Dec. 27, 2023 /PRNewswire/ -- Between December 6 and 20, Yili Group and its Thai and Indonesian subsidiaries, respectively, brought together global partners for their Top Partners Conference 2024, themed "Grow with Innovation, Forward in Unity."
  • Yili's international business has experienced sustained and rapid growth, driven by the expansion of its strategic global network.
  • At the Top Partners Conference, Yili showered global partners with accolades, unveiling over a thousand awards across diverse categories, including team management, channel development, and outlet retailing.
  • This commitment to shared success has resulted in a robust global network of over 2,000 partners.

Mitsubishi Electric Trane HVAC US Honors Distributors at Its 20th Annual Diamond Service Group Conference

Retrieved on: 
Tuesday, December 12, 2023

Mitsubishi Electric Trane HVAC US LLC (METUS) , a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, recently celebrated the contributions of its Diamond Service Group (DSG) members during the 2023 Diamond Service Group Conference in Atlanta.

Key Points: 
  • Mitsubishi Electric Trane HVAC US LLC (METUS) , a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, recently celebrated the contributions of its Diamond Service Group (DSG) members during the 2023 Diamond Service Group Conference in Atlanta.
  • View the full release here: https://www.businesswire.com/news/home/20231212819139/en/
    METUS Diamond Service Group members traveled to Atlanta for the 20th Annual DSG Conference (Photo: Business Wire)
    The DSG network encompasses 398 independent distributors that deliver technical service support in North America, Latin America and the Caribbean.
  • Independent DSG members serve as the local customer contact for troubleshooting and offer support and training for all Mitsubishi Electric systems sold and installed through the DSG network.
  • During the conference, Stanley, who works with CD Jones Company, received an award for his longstanding membership and service in the DSG network.

Toshiba Global Commerce Solutions Appoints AGIS DISTRIBUIÇÃO as an Authorized Distributor in Brazil

Retrieved on: 
Tuesday, December 12, 2023

Building upon its strategy of delivering trusted retail solutions to a broader market through valued partnerships, Toshiba Global Commerce Solutions announced AGIS DISTRIBUIÇÃO as its second official channel partner for the distribution of its solutions to resellers in Brazil.

Key Points: 
  • Building upon its strategy of delivering trusted retail solutions to a broader market through valued partnerships, Toshiba Global Commerce Solutions announced AGIS DISTRIBUIÇÃO as its second official channel partner for the distribution of its solutions to resellers in Brazil.
  • View the full release here: https://www.businesswire.com/news/home/20231212682292/en/
    Toshiba Global Commerce Solutions announced AGIS DISTRIBUIÇÃO as its second official channel partner to distribute its solutions to resellers in Brazil to help meet the needs of retailers across the region.
  • (Photo: Business Wire)
    “We are excited for this new partnership with AGIS DISTRIBUIÇÃO, which will strengthen relationships with a diverse set of resellers who are meeting the needs of retailers across the region,” said Manuel Medecigo, Head of Sales Latin America at Toshiba Global Commerce Solutions.
  • “Adding Toshiba Global Commerce Solutions to our portfolio reinforces our strategy of having AGIS consolidated in the position as one of the largest distributors in Brazil.

Leading American Operator Selects Incognito Software Systems’ Monetization and Analytics Platform to Deliver Network Intelligence

Retrieved on: 
Tuesday, November 28, 2023

Incognito Software Systems Inc. , a leading global provider of broadband service orchestration, device management, and network intelligence solutions for service providers, today announced that a prominent American broadband service provider has selected Incognito’s Network Monetization and Analytics Platform (MAP) to gain fast, accurate, and informed insights into all network activity as part of its network innovation and modernization strategy.

Key Points: 
  • Incognito Software Systems Inc. , a leading global provider of broadband service orchestration, device management, and network intelligence solutions for service providers, today announced that a prominent American broadband service provider has selected Incognito’s Network Monetization and Analytics Platform (MAP) to gain fast, accurate, and informed insights into all network activity as part of its network innovation and modernization strategy.
  • The operator is revolutionizing broadband access nationwide to its subscribers, delivering fast and reliable services, which include symmetrical Internet speeds of up to 5 Gigs.
  • By implementing Incognito’s MAP platform, with its modules designed to monetize and optimize networks, the operator has been able to proactively manage network performance, monitor network usage, and streamline big data processes.
  • Its comprehensive dashboard, which provides an intuitive at-a-glance view of network insights, also helps reduce the time to identify, diagnose, and resolve network and service problems.

SAL, Mawani Sign Contract to Establish Logistics Park at Jeddah Islamic Port with a Total Area of 54,000 Square Meters

Retrieved on: 
Friday, November 17, 2023

"SAL" Saudi Logistics Services has signed a contract to establish a logistics park at Jeddah Islamic Port, with a total area of 54,000 square meters, to enhance sea and air connectivity; which will contribute in improving the logistics services provided, aiming to raise the Kingdom's ranking in international indicators.

Key Points: 
  • "SAL" Saudi Logistics Services has signed a contract to establish a logistics park at Jeddah Islamic Port, with a total area of 54,000 square meters, to enhance sea and air connectivity; which will contribute in improving the logistics services provided, aiming to raise the Kingdom's ranking in international indicators.
  • This press release features multimedia.
  • This agreement is aligned with SAL’s vision in becoming the logistics champion for a globally connected Saudi Arabia as well as the company’s strategy to expand its offerings across the logistics sector.
  • With cargo handling and logistics solutions mature Strategic Business Units, this logistics park will allow SAL to penetrate the fulfillment industry at large cementing SAL as the National Logistics Champion.