Pon Holdings

COGNIZANT REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Wednesday, May 1, 2024

The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.

Key Points: 
  • The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.
  • In April 2024, the Company declared a quarterly cash dividend of $0.30 per share for shareholders of record on May 20, 2024.
  • The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com .
  • An earnings supplement will also be available on the Cognizant website at the time of the conference call.

Cognizant Continues Collaboration with Pon IT to Further Manage and Optimize Cloud Services

Retrieved on: 
Wednesday, March 27, 2024

TEANECK, N.J., March 27, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has today announced the renewal of its long-standing relationship with Pon IT, which is part of the Dutch family-owned multinational Pon Holdings. The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies. During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.

Key Points: 
  • The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies.
  • During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.
  • Throughout a six-year relationship, Cognizant has transformed Pon IT's infrastructure to create an agile platform that leverages the power of automation.
  • Saket Gulati, Head of Northern Europe at Cognizant said: "We are thrilled to continue working with Pon IT to provide managed services for their cloud platform and deliver benefits.

Cognizant Continues Collaboration with Pon IT to Further Manage and Optimize Cloud Services

Retrieved on: 
Wednesday, March 27, 2024

TEANECK, N.J., March 27, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has today announced the renewal of its long-standing relationship with Pon IT, which is part of the Dutch family-owned multinational Pon Holdings. The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies. During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.

Key Points: 
  • The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies.
  • During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.
  • Throughout a six-year relationship, Cognizant has transformed Pon IT's infrastructure to create an agile platform that leverages the power of automation.
  • Saket Gulati, Head of Northern Europe at Cognizant said: "We are thrilled to continue working with Pon IT to provide managed services for their cloud platform and deliver benefits.

$300 Billion Micro Mobility Global Market Opportunities and Strategies to 2032 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 30, 2023

The "Micro Mobility Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Micro Mobility Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.
  • The global micro mobility market reached a value of nearly $43.6 billion in 2022, having grown at a compound annual growth rate (CAGR) of 12.4% since 2017.
  • The global micro mobility market is fairly fragmented, with a large number of players in the market.
  • The top opportunities in the micro mobility market segmented by ownership will arise in the business to consumers segment, which will gain $37.7 billion of global annual sales by 2027.

Micro Mobility Market Overview 2023-2027: Market Size, Competitive Landscape, And Key Trends - By The Business Research Company

Retrieved on: 
Monday, September 25, 2023

LONDON, Sept. 25, 2023 /PRNewswire/ -- As per The Business Research Company's Micro Mobility Global Market Report 2023, the global micro mobility market is on a trajectory of robust expansion, with an anticipated growth from $43.85 billion in 2022 to a staggering $52.31 billion in 2023, reflecting a remarkable compound annual growth rate (CAGR) of 19.3%. This upward trend is expected to continue, culminating in a market size of $102.14 billion in 2027, at a CAGR of 18.2%. The driving forces behind this remarkable growth include strict environmental regulations, rising global population, urbanization, increased demand for ride hailing and sharing services, and escalating fuel prices.

Key Points: 
  • This upward trend is expected to continue, culminating in a market size of $102.14 billion in 2027, at a CAGR of 18.2%.
  • The global micro mobility market boasts a diverse landscape, characterized by a multitude of players.
  • In 2022, the top ten competitors collectively accounted for 18.01% of the micro mobility market.
  • In 2022, Asia-Pacific emerged as the largest region in the micro-mobility market , while North America is expected to be the fastest-growing region during the forecast period.

Micro Mobility Market Overview 2023-2027: Market Size, Competitive Landscape, And Key Trends - By The Business Research Company

Retrieved on: 
Monday, September 25, 2023

LONDON, Sept. 25, 2023 /PRNewswire/ -- As per The Business Research Company's Micro Mobility Global Market Report 2023, the global micro mobility market is on a trajectory of robust expansion, with an anticipated growth from $43.85 billion in 2022 to a staggering $52.31 billion in 2023, reflecting a remarkable compound annual growth rate (CAGR) of 19.3%. This upward trend is expected to continue, culminating in a market size of $102.14 billion in 2027, at a CAGR of 18.2%. The driving forces behind this remarkable growth include strict environmental regulations, rising global population, urbanization, increased demand for ride hailing and sharing services, and escalating fuel prices.

Key Points: 
  • This upward trend is expected to continue, culminating in a market size of $102.14 billion in 2027, at a CAGR of 18.2%.
  • The global micro mobility market boasts a diverse landscape, characterized by a multitude of players.
  • In 2022, the top ten competitors collectively accounted for 18.01% of the micro mobility market.
  • In 2022, Asia-Pacific emerged as the largest region in the micro-mobility market , while North America is expected to be the fastest-growing region during the forecast period.

Littlejohn & Co. Makes Strategic Growth Investment in the Hiller Companies

Retrieved on: 
Tuesday, September 20, 2022

Littlejohn & Co., LLC (Littlejohn), a private investment firm based in Greenwich, CT, today announced that it has made a significant growth investment in The Hiller Companies, a leading provider of fire and life safety services.

Key Points: 
  • Littlejohn & Co., LLC (Littlejohn), a private investment firm based in Greenwich, CT, today announced that it has made a significant growth investment in The Hiller Companies, a leading provider of fire and life safety services.
  • Brian Michaud, Managing Director of Littlejohn, said, We are thrilled to support the Hiller team as they build a unique platform in the fire and life safety sector.
  • Hiller has differentiated capabilities, serving customers operating in complex environments with sophisticated fire protection needs, and benefits from strong secular growth drivers.
  • Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in middle-market companies.

WPP acquires ecommerce consultancy Newcraft

Retrieved on: 
Thursday, September 1, 2022

WPP (NYSE: WPP) today announces that it is acquiring Newcraft, a leading, data-first European ecommerce consultancy based in the Netherlands.

Key Points: 
  • WPP (NYSE: WPP) today announces that it is acquiring Newcraft, a leading, data-first European ecommerce consultancy based in the Netherlands.
  • Founded in 2007, Newcraft supports organisations in realising change, reaching growth targets and mastering digital capabilities.
  • Mark Read, CEO of WPP, said: With consumer behaviours and use of new ecommerce channels continuing to change at a rapid pace, brands need innovative solutions to reach customers and new audiences.
  • Newcraft is a data-first digital acceleration consultancy specialising in commerce.

EngageSmart Welcomes Diego Rodriguez to Board of Directors

Retrieved on: 
Tuesday, January 25, 2022

EngageSmart ( NYSE: ESMT ), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced the appointment of Diego Rodriguez to the Board of Directors.

Key Points: 
  • EngageSmart ( NYSE: ESMT ), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced the appointment of Diego Rodriguez to the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20220125006151/en/
    EngageSmart Board Member Diego Rodriguez (Photo: Business Wire)
    Mr. Rodriguez has first-hand experience driving innovation for both enterprise and SMB clients and helping companies to deepen their relationship with existing customers while also pursuing new markets, says Paul Stamas, Chairman of the Board of Directors at EngageSmart.
  • Mr. Rodriguez is an incredible asset to the EngageSmart team, says EngageSmart CEO Bob Bennett.
  • The EngageSmart mission to continue to simplify the online experience for customers across a range of essential industries resonated deeply with me, says Diego Rodriguez of his new role with EngageSmart.

Dorel Signs Definitive Agreement to Sell Sports Segment to Pon Holdings for USD $810 Million

Retrieved on: 
Monday, October 11, 2021

While making the decision to sell Dorel Sports has been difficult, we are confident that this transaction represents full value for Dorel shareholders, Mr.Schwartz added.

Key Points: 
  • While making the decision to sell Dorel Sports has been difficult, we are confident that this transaction represents full value for Dorel shareholders, Mr.Schwartz added.
  • The definitive sale agreement with Pon Holdings follows a strategic review and a competitive sales process.
  • The agreement to sell Dorel Sports marks an exciting new chapter for Dorel.
  • The completion of the proposed sale of Dorel Sports to Pon Holdings is subject to certain conditions, termination rights and other risks and uncertainties.