Workflow
Stabilization Notice PRE STAB - OVH GROUPE SA
GlobeNewswire· 2025-01-29 09:01
[29/01/2025] Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. [OVH Groupe SA] Pre-stabilisation Period Announcement BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regu ...
China and Global Automotive Smart Surface Industry Report 2024: Smart Surface Models Have a Growth Rate of 34.7% - Distribution of Smart Surface Models by Vehicle Class/Price Range/OEM
GlobeNewswire· 2025-01-29 09:01
In this report, smart surface refers to an interior technology that is used outside the vehicle or inside the cabin and is integrated with various interior materials (including but not limited to leather, fabric, wood, glass, plastic, natural fiber, metal, etc.) through electronic sensors. It can be 'functionalized' (for decoration or issuing commands) and can generate light and heat, or issue commands, sounds, etc. when activated.Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Automotive Smart Surface Indus ...
NetAlly Appoints Nathan Collins as EMEA Vice President to Drive Growth and Strengthen Channel Partnerships with Enhanced Distribution Strategy
GlobeNewswire· 2025-01-29 09:00
Industry-leading networking test and analysis company appoints proven channel and sales leader to support revenue growth, market development and partner expansion. Nathan Collins, NetAlly Nathan Collins, VP Sales EMEA, NetAlly COLORADO SPRINGS, Colo., Jan. 29, 2025 (GLOBE NEWSWIRE) -- NetAlly, a global leader in handheld network test and cybersecurity solutions, is doubling down on its commitment to EMEA market growth with the appointment of Nathan Collins as Regional Vice President. Collins brings deca ...
Mini Hair Straightener Market to hit USD 4.6 billion by 2032, says Global Market Insights Inc.
GlobeNewswire· 2025-01-29 09:00
Mini hair straightener industry is projected to witness a CAGR of 5.3% during the period 2024-2032. This growth can be attributed to Rising demand for portable and convenient beauty products.Selbyville, Delaware, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Mini hair straightener market size was valued at USD 2.9 billion in 2023 and is projected to grow at a CAGR of 5.3% from 2024 to 2032. As part of the broader hair styling industry, the mini hair straightener segment is experiencing significant growth. Request for ...
Toothbrush Market to hit USD 17.19 billion by 2032, says Global Market Insights Inc.
GlobeNewswire· 2025-01-29 09:00
Toothbrush industry is projected to witness a CAGR of 4.5% during the period 2024-2032. This growth can be attributed to the increasing disposable income and evolving lifestyles.Selbyville, Delaware, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Toothbrush market size reached USD 11.57 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2032. The rising prevalence of dental disorders is a major driver of this growth. According to the World Health Organization (WHO), approximately 3.5 billion indivi ...
Meriaura Group Oyj, Inside information: Meriaura Group Plc and Summa Defence Oy to merge into a new group of companies in the defence sector
GlobeNewswire· 2025-01-29 09:00
Transaction Overview - Meriaura Group Plc and Summa Defence Oy signed a conditional share exchange agreement to merge into a new group focusing on safety and security of supply in Finland, with dual-use technology playing a significant role [1] - The new listed company will be named Summa Defence Plc, with Meriaura Group's current shareholders holding 11.9% and Summa Defence's current shareholders holding 88.1% [1] - The transaction involves the sale of Meriaura Group's Marine Logistics business to Meriaura Invest Oy [1] Financial Details - Summa Defence's share capital is valued at around EUR 185 million, while Meriaura Group's is valued at around EUR 40.4 million [2] - The subscription price in the share exchange is EUR 0.04657136 per share, resulting in Summa Defence's shareholders owning 88.1% of the new group [2] - Meriaura Group's shares will increase to approximately 4,839,199,763 shares, with 3,972,398,486 shares directed to Summa Defence's owners [2] Pre-Transaction Activities - Summa Defence will carry out a directed paid share issue of around EUR 25.1 million to certain convertible bond holders and investors [3] - Summa Defence has entered into five share exchange agreements to acquire six companies as subsidiaries, including Lännen Tractors Oy and LightSpace Group Inc [3] - Summa Defence will also purchase Sybimar Oy shares from Aura Mare Oy, controlled by Meriaura Group's CEO and board members [3] Post-Transaction Shareholding - Meriaura Invest Oy will acquire approximately 79.4% of Meriaura Group's subsidiary Meriaura Oy for EUR 14.4 million [5] - Meriaura Group will acquire 330,675,334 of its own shares from Meriaura Invest Oy at a subscription price of EUR 0.04657136 per share [5] - The final shareholding structure will be: Summa Defence's founders and current owners (82.1%), Meriaura Invest Oy (11.2%), and Meriaura Group's current owners (6.7%) [6] Strategic Impact - The merger aims to create a strong group focusing on safety and security of supply in Finland, leveraging dual-use technology [1] - The transaction will result in an imputed write-down of approximately EUR 16.4 million in Meriaura Group, impacting the 2024 financial year [9] - The new group will focus on defence and security technology, with a medium-term goal of achieving EUR 500 million in revenue [30] Subsidiary Performance - Lännen Tractors Oy reported 2024 revenue of EUR 23.0 million and EBITDA of EUR -3.1 million [23] - Aquamec Oy reported 2024 revenue of EUR 4.8 million and EBITDA of EUR -0.2 million [24] - Uudenkaupungin Työvene Oy reported 2024 revenue of EUR 19.1 million and EBITDA of EUR 1.0 million [25] - IntLog Oy reported 2024 revenue of EUR 2.4 million and EBITDA of EUR 0.6 million [26] - LightSpace Group Inc reported 2024 revenue of EUR 0.2 million and EBITDA of EUR -1.8 million [28] Future Plans - The new group plans to begin large-scale drone production in Finland in early 2025, focusing on drones used in Ukraine [29] - The combined revenue of Summa Defence and its subsidiaries in 2024 was EUR 49.5 million, with a total order backlog of approximately EUR 200 million [30] - The company expects strong revenue and profitability growth for 2025, aiming for EUR 500 million in revenue in the medium term [30] Management Changes - A new Board of Directors is proposed for Meriaura Group, with Samuli Koskela as chairman [17] - Jussi Holopainen, CEO of Summa Defence, will become CEO of the new group post-transaction [17] - The management team will include Risto Takkala (CFO), Juha Vauhkonen (Director, Defence and Security Affairs), Tommi Malinen (Chief Sales Officer), and Tommi Manninen (Chief Communications Officer) [17] Industry Context - The merger responds to the need for security of supply and equipment, as well as the development of renewable energy in Finland [31] - Summa Defence focuses on companies with products suitable for both defence and civilian markets, aiming for international growth, especially in NATO member countries [21] - The war in Ukraine has highlighted the importance of rapidly deployable innovations in the defence sector [32]
M42 signals genomics expansion with strategic partnership with Uzbekistan’s Ministry of Health on the Uzbek Genome Program
GlobeNewswire· 2025-01-29 08:36
M42 signals genomics expansion with strategic partnership with Uzbekistan’s Ministry of Health on the Uzbek Genome Program Farhkodjon Tashpulatov, Uzbekistan’s Deputy Minister of Health, Shokhrukh Gulamov, Uzbekistan’s Deputy Minister of Investments, and Dr. Fahed Al Marzooqi, CEO of M42’s Integrated Health Solutions platform signing the MOU. ABU DHABI, United Arab Emirates, Jan. 29, 2025 (GLOBE NEWSWIRE) -- In a sign of its ambition to expand its foothold in genomics and grow its contribution to global ...
Europe Roll Cover Market is Set to Surpass Valuation of US$ 407.49 Million By 2033 | Astute Analytica
GlobeNewswire· 2025-01-29 08:30
Europe’s roll cover market thrives on advanced technologies, sustainability, and automation, with Germany, France, and Italy at the forefront. Paper, steel, and packaging industries continue driving accelerated growth and innovation.New Delhi, Jan. 29, 2025 (GLOBE NEWSWIRE) -- According to recent analysis conducted by Astute Analytica, the Europe roll cover market was valued at US$ 256.01 million in 2024 and is expected to reach US$ 407.49 million by 2033, growing at a CAGR of 5.62% during the forecast peri ...
c/side Launches PCI Compliance Dashboard for New PCI DSS 4.0.1 Requirements
GlobeNewswire· 2025-01-29 08:30
Industry Overview - The Payment Card Industry Data Security Standard (PCI DSS) provides guidelines for organizations to safeguard their payment infrastructure against data theft and fraud in debit and credit card transactions [2] - PCI DSS compliance is mandatory for all businesses that accept card payments, with penalties including monthly fines up to six figures and suspension of card acceptance capabilities [2] - PCI DSS 4.0.1 introduces two new mandates (6.4.3 and 11.6.1) for securely monitoring and managing browser-side third-party scripts, with a compliance deadline of March 31, 2025 [3] Company Product Launch - c/side, a cybersecurity company, launched its PCI compliance dashboard to help businesses meet PCI DSS 4.0.1 requirements for third-party website script monitoring and management [1] - The dashboard enables organizations to secure and monitor all third-party scripts across their websites, providing comprehensive protection as required by the new standards [3] - The dashboard automatically generates weekly reports documenting all script activity and enables granular controls to ensure scripts run only where approved, reducing risks and audit delays [5] Product Features - The dashboard maintains a complete script inventory across all website pages and captures each script's payload in real time, showing any code changes and potential threats instantly [8] - It verifies script authorization and integrity while automatically blocking and alerting on malicious changes, exceeding PCI DSS requirements [8] - The dashboard uses AI-powered analysis to highlight changes and explain code functionality, giving engineers clear insight into script behavior [8] Industry Challenges - Businesses are struggling to adapt legacy security tools to meet the new PCI DSS requirements for processing, storing, and transmitting payment card data [4] - Organizations often face challenges in tracking third-party script activity and ensuring compliance across payment and non-payment pages, increasing the risk of non-compliance, fines, and audit delays [5] Company Background - c/side is a cybersecurity startup focused on browser-side detection and protection, led by industry expert Simon Wijckmans [7] - The company is pioneering technologies to shield against sophisticated cyber threats, ensuring high security standards for users across the web [7]
Microturbines Market Set for Significant Growth Amid Rising Demand for Energy-Efficient Power Solutions | Future Market Insights, Inc.
GlobeNewswire· 2025-01-29 08:30
The market for microturbines recorded significant growth within the last couple of years and is expected to witness twofold growth over the forecast period. The growing energy need is anticipated to continue pushing the demand for microturbine systems. North America is estimated to continue the monopoly in the market globally.NEWARK, Del, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The global microturbines market is gaining momentum as industries and governments prioritize decentralized and energy-efficient power gen ...