Alberta Enterprise Group

Shineco Announces the Appointment of Two New Executive Officers

Retrieved on: 
Friday, November 17, 2023
Zhuhai City Polytechnic, China National Silk Museum, Investment, City, Woman, Alberta Enterprise Group, New star, Gold, Commerce, Strategic planning, Advanced Individual Combat Weapon, Partner, Southwest University, Marketing, SISI, Partnership, Business administration, Clothing, University, Research fellow, Chairperson, University of Northern Virginia, Master, Female, Management, Hong Kong

Effective November 13, 2023, Shineco’s Board of Directors appointed Ms. Xiaohui Wang as Executive President of the Company.

Key Points: 
  • Effective November 13, 2023, Shineco’s Board of Directors appointed Ms. Xiaohui Wang as Executive President of the Company.
  • From February 1991 to March 2000, Ms. Wang worked as Manager at Chongqing Silk Import and Export Company where she was responsible for the company's import and export management.
  • Effective November 13, 2023, Shineco’s Board of Directors appointed Mr. Chi Keung Yan as the Chief Strategy Officer of the Company.
  • Ms. Jennifer, CEO of Shineco, said, "We are pleased to welcome Ms. Wang and Mr. Yan to our leadership team.

Bermuda Considers Introducing a Corporate Income Tax

Retrieved on: 
Tuesday, August 8, 2023
Professional Services, Public Policy, Government, State, Local, Other Professional Services, Finance, Banking, Accounting, Workforce, Insurance, Fintech, Texas Tax Reform Commission, Education, OECD, Organization, Policy, Tax, Tax information exchange agreement, Alberta Enterprise Group, Government House, Bermuda, AML, GDP, ATF, Economic Cooperation Organization, Telephone, D-8 Organization for Economic Cooperation, Oklahoma Insurance Commissioner, Director of National Parks, Multilateral, Renewable energy, EU

Today, the Government of Bermuda announced that it will issue a public consultation paper as part of its considerations on introducing a corporate income tax to apply to Bermuda businesses that are part of Multinational Enterprise Groups (MNEs) with annual revenue of €750M or more.

Key Points: 
  • Today, the Government of Bermuda announced that it will issue a public consultation paper as part of its considerations on introducing a corporate income tax to apply to Bermuda businesses that are part of Multinational Enterprise Groups (MNEs) with annual revenue of €750M or more.
  • Bermuda is considering a corporate income tax that would be taken into account in calculating the effective tax rate of Bermuda businesses under the Organization for Economic Cooperation and Development’s (OECD) global minimum tax rules.
  • The taxes paid under the proposed Bermuda corporate income tax regime would be those which would be payable to other jurisdictions under the global minimum tax framework.
  • Any new corporate income tax adopted would also include certain tax credits which support Bermuda’s economic goals and maintains Bermuda’s global attractiveness.

Vector Capital Completes Acquisition of Riverbed Technology

Retrieved on: 
Tuesday, July 11, 2023
Professional Services, Apps, Applications, Technology, Finance, Networks, Internet, Cloud, MarkLogic, Data management, LLP, Software as a service, Executive, Hewlett-Packard, Acceleration, Ernst & Young, Alberta Enterprise Group, Multimedia, Acquisition, Oracle Corporation, Capital, Ernst, CFO, Dell EMC, Growth, Riverbed Technology, Software, Management, Stream bed

Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations.

Key Points: 
  • Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations.
  • He most recently served as the lead independent director at MarkLogic, a leading data management and data integration solutions provider and Vector Capital portfolio company.
  • Its industry leading portfolios, Alluvio by Riverbed for Unified Observability and Riverbed Acceleration are market leaders with blue-chip customer bases,” said Mr. Donatelli.
  • “Bolstered by a significantly improved capital structure, I look forward to working with Riverbed’s team and Vector Capital to enhance our product offerings through innovation and strategic growth investments.”
    “Dave is a proven leader who brings to Riverbed deep knowledge and experience driving growth at scaled technology businesses,” said Andy Fishman, a Managing Director at Vector Capital.

A*STAR Spinoff CytoMed Therapeutics Announce a Patent for its Licensed CAR-Gamma Delta T Cell Technology Has Been Granted in the US

Retrieved on: 
Thursday, July 6, 2023
Yee, Patent, Antigen, Cytomics, IPSC, NKT, STAR, National University Hospital, Alberta Enterprise Group, United States patent law, Innovation, Research, Immunotherapy, NUH, Assistant, CAR, Cancer, Hematological Cancer Research Investment and Education Act, Gamma delta T cell, Biological patents in the United States, Patient, Risk, A*STAR, Same, Outline of health sciences, Health Sciences Authority, Therapy, T, HSA, NKG2D, Vaccine

Our CAR-γδ T cell technology has received a US patent as we embark on our first-in-human trial.

Key Points: 
  • Our CAR-γδ T cell technology has received a US patent as we embark on our first-in-human trial.
  • CytoMed holds an exclusive, worldwide license, for use on immunotherapy, including stem cell therapy, until the expiration of the patent covering technology.
  • The Company's other licensed technology from A*STAR is an induced pluripotent stem cell (iPSC)-based technology to derive γδ NKT cells for cancer treatments.
  • A patent for this proprietary technology has already been granted in Japan and this asset is under preclinical development.

Fortinet Expands Global Secure SD-WAN and SASE Presence with New MSSP Partnerships

Retrieved on: 
Wednesday, June 7, 2023
Secure access service edge, KT Corporation, Enterprise, Partnership, ASEAN, MSSP, Internet, Telecommunications, Capital expenditure, Secure, Alberta Enterprise Group, Intelligence, Tata Teleservices, Organization, Business management tools, ZTNA, Total economic value, ICT, Fortinet, Digital product design, Connectivity, 24/7 service, Ecosystem, SASE, Kyndryl, Transport, STC, SD, Video game, Mobile phone, Online shopping, Risk management, Sify, SD-WAN

“Fortinet is uniquely equipped to deliver industry-leading secure networking solutions that are integrated across SD-WAN, SASE, SD-Branch, ZTNA, and beyond.

Key Points: 
  • “Fortinet is uniquely equipped to deliver industry-leading secure networking solutions that are integrated across SD-WAN, SASE, SD-Branch, ZTNA, and beyond.
  • Service providers are turning to Fortinet secure networking solutions to help capitalize on new business opportunities and address customer needs.
  • Fortinet secure networking solutions converge networking and security capabilities and are built to be easily expanded across SD-WAN, SASE, SD-Branch, and ZTNA.
  • 11:11 Systems helps its customers stay connected through a powerful and secure managed connectivity offering that includes Fortinet Secure SD-WAN.

American Enterprise Group Announces Move to New, Single Brand Identity, Wellabe™

Retrieved on: 
Tuesday, May 16, 2023
Professional Services, Health, Consumer, Seniors, Insurance, Health Insurance, Finance, Swank, AEG, Alberta Enterprise Group, Multimedia, Life

American Enterprise Group, Inc. (AEG) announced it will rebrand to Wellabe™ in June, marking a significant milestone in the company’s 94-year history.

Key Points: 
  • American Enterprise Group, Inc. (AEG) announced it will rebrand to Wellabe™ in June, marking a significant milestone in the company’s 94-year history.
  • View the full release here: https://www.businesswire.com/news/home/20230516005983/en/
    American Enterprise Group, Inc. (AEG) announced it will rebrand to Wellabe(tm) in June, marking a significant milestone in the company’s 94-year history.
  • “Our decision to move to a new, single identity was part of a very deliberate and thoughtful process,” said Debbie DeCamp, chief marketing officer at AEG.
  • It’s an opportunity to differentiate ourselves in the marketplace and create an emotional connection with our customers.

HireRight Announces Appointment of Independent Director Venkat Bhamidipati

Retrieved on: 
Tuesday, April 4, 2023
Professional Services, Data Management, Data Analytics, Technology, Human Resources, Software, Consulting, Business development, Indiana University, Education, Information technology, Kelley School of Business, Business, Alberta Enterprise Group, Microsoft, MBA, Audit committee, Marketing, HRT, Hitachi Data Systems, Acquisition, HireRight, McAfee, CFO, Growth, Exodus Communications, NYSE, Management

HireRight Holdings Corporation (NYSE: HRT) today announced the appointment of Venkat Bhamidipati to its Board of Directors, effective immediately.

Key Points: 
  • HireRight Holdings Corporation (NYSE: HRT) today announced the appointment of Venkat Bhamidipati to its Board of Directors, effective immediately.
  • Mr. Bhamidipati most recently held the role of executive vice president and chief financial officer at McAfee Corp. until its acquisition in 2022.
  • “Venkat is known for being a strategic and hands-on operational business leader, and we are thrilled to welcome him to HireRight,” said Guy Abramo, HireRight’s Chief Executive Officer.
  • Mr. Bhamidipati holds an MBA in Finance and Marketing from the Kelley School of Business at Indiana University.

Alberta Enterprise Corporation invests in Alberta-based Sprout's second seed capital fund

Retrieved on: 
Thursday, March 9, 2023
Alberta Enterprise Group, VMS, General partnership, Ernst & Young Entrepreneur of the Year Award, A100, Ecosystem, Growth, Nate Glubish, Information Technology and Innovation Foundation, Innovation, Intuit, AB, CAD, AEC, Property, Cryptocurrency, Oil, Silicon, Western Canada, Sprout, Investopedia

AEC invests CAD $2.5 million into Sprout.vc Fund II to provide seed-stage venture and mentor capital to Alberta and Western Canadian B2B software startups.

Key Points: 
  • AEC invests CAD $2.5 million into Sprout.vc Fund II to provide seed-stage venture and mentor capital to Alberta and Western Canadian B2B software startups.
  • EDMONTON, AB, March 9, 2023 /CNW/ - Alberta Enterprise and Sprout jointly announced today that AEC has invested CAD $2.5 million into Alberta-based Sprout's nearly $14M second fund, providing a new source of high-demand seed capital to Alberta and Western Canadian B2B software startups.
  • AEC invests into Sprout.vc Fund II to provide seed-stage venture and mentor capital to B2B software startups.
  • "As the first institutional investor in Sprout, we are committed to supporting Alberta-based fund managers and building local venture capital talent right here at home," said Kristina Williams, CEO of Alberta Enterprise Corporation.

Alberta Enterprise Corporation's latest investment expands access to US capital for local startups

Retrieved on: 
Tuesday, March 7, 2023
Alberta Enterprise Group, Fintech, Growth, Nate Glubish, USD, Information Technology and Innovation Foundation, BDC, Supply chain, Innovation, AB, Property technology, AEC, Livestock, Oil, Alpaca

AEC invests USD $7.5 million into Alpaca VC Fund III to provide early-stage capital to diverse Alberta startups.

Key Points: 
  • AEC invests USD $7.5 million into Alpaca VC Fund III to provide early-stage capital to diverse Alberta startups.
  • After evaluating dozens of Alberta technology companies, Alpaca sought investment from Alberta Enterprise to participate in the promise and investment returns of the local startup community.
  • "A large portion of the startups in Alberta fit within Alpaca's investment focus, and an investment from Alpaca into these companies opens up access to US capital and markets," commented Kristina Williams, CEO of Alberta Enterprise Corporation.
  • With Alpaca's investment, more Alberta businesses can build larger businesses here, hire more people here, and reach new markets, right from Alberta."

Alberta Enterprise Corporation invests further into cleantech for an evolving energy industry

Retrieved on: 
Tuesday, February 7, 2023
Hydrogen, AEC, Partner, Investment, Information Technology and Innovation Foundation, Alberta Enterprise Group, Suncor Energy, Carbon, Lithium, Silicon, AB, USD, Partnership, Innovation, Oil, Urgent Evoke

AEC invests in Evok to accelerate the development of critical energy transition and industrial decarbonization.

Key Points: 
  • AEC invests in Evok to accelerate the development of critical energy transition and industrial decarbonization.
  • Their first fund was established in 2016 as a partnership between Calgary-headquartered energy heavyweights, Suncor and Cenovus, along with BC CEO Cleantech Alliance.
  • "Energy and industrial technology companies make up a substantial part of Alberta's tech sector, and attracting capital to grow those businesses will help to deliver the energy innovation the world needs," commented Kristina Williams, CEO of Alberta Enterprise Corporation.
  • "There's talent here that understands the energy sector, sees new opportunities, and recognizes the path to deploy cleantech at scale."