Technology company – Marianne Bluger http://mariannebluger.com/ Thu, 21 Oct 2021 22:01:27 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://mariannebluger.com/wp-content/uploads/2021/10/favicon-2-120x120.png Technology company – Marianne Bluger http://mariannebluger.com/ 32 32 JLL Announces Strategic Acquisition of Building Engines, a Leading Company in Construction Operations Technology https://mariannebluger.com/jll-announces-strategic-acquisition-of-building-engines-a-leading-company-in-construction-operations-technology/ https://mariannebluger.com/jll-announces-strategic-acquisition-of-building-engines-a-leading-company-in-construction-operations-technology/#respond Thu, 21 Oct 2021 20:30:00 +0000 https://mariannebluger.com/jll-announces-strategic-acquisition-of-building-engines-a-leading-company-in-construction-operations-technology/ CHICAGO, 21 October 2021 / PRNewswire / – JLL (NYSE: JLL) today announced that it has entered into an agreement to acquire BostonBuilding Engines, a market-leading building operations platform that transforms the way properties are managed, delivers exceptional operator and tenant experiences, and improves net operating income (NOI) in portfolios of best performing commercial real […]]]>

CHICAGO, 21 October 2021 / PRNewswire / – JLL (NYSE: JLL) today announced that it has entered into an agreement to acquire BostonBuilding Engines, a market-leading building operations platform that transforms the way properties are managed, delivers exceptional operator and tenant experiences, and improves net operating income (NOI) in portfolios of best performing commercial real estate (CRE) in the world. JLL will acquire Building Engines for a cash purchase price of approximately $ 300 million. The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions, including regulatory review.

Building Engines’ cloud platform is a comprehensive, easy-to-use system that brings together all the technologies and applications used to operate buildings in one place. Its comprehensive capabilities streamline work orders, make maintenance more efficient, and simplify interactions between building tenants, management and staff.

“Building Engines joining JLL represents JLL’s continued commitment to technology leadership and providing the best technology to our investor clients,” said Sharad rastogi, president of JLL Technologies (JLLT), a division of JLL. “Together, JLL and Building Engines will accelerate the digital transformation of buildings around the world. ”

Jay koster, President of Investor Services for the Americas for JLL, continued, “The combination of JLL’s building management expertise, Building Engines’ leading building operations software platform and CRE technology leadership of JLLT will accelerate the transition of real estate operations from manual and reactive activities to technology. informed, automated or digitized activities.

Building Engines serves more than 1,000 clients who rely on its platform to manage critical operational needs on more than 3 billion square feet and 35,000 properties worldwide. Its enterprise-class platform, which will continue to be available to all property owners and their service providers, evolves as an investor’s portfolio grows, from building to larger environments. and more complex. Additionally, the platform’s open API infrastructure includes over 30 integrations with other building operations tools, unifying an increasingly fragmented set of building operations applications into a single user experience. for all property managers.

“We have set ourselves the goal of being the primary building operating platform for CRE, guided by our vision to deliver an exceptional experience for everyone in every building and to increase net operating income for our customers” , said Tim curran, CEO of Building Engines. “The building operations software landscape has become very fragmented, resulting in a disconnected experience for investors, operators, tenants and occupants. Our open platform and growing suite of product modules aim to address this problem, with solutions that have proven to be indispensable for CRE operators and investors. By joining forces with JLL, we can realize this vision faster, at scale, and become the system for recording construction operations around the world. “

JLL and Building Engines have a long-standing relationship serving common customers, and Building Engines already integrates with the software in which JLL invests and uses. Together, the companies intend to leverage Building Engines’ open platform to create a comprehensive ecosystem of building operations applications by integrating JLLT’s robust technology product portfolio, the technologies in which it invests. through the global venture capital arm JLL Spark and the broader landscape of CRE software providers to meet the needs of real estate investors.

Building Engines will operate within JLLT and Curran, who joined Building Engines as Director of the Board of Directors in 2011 and was appointed CEO in 2017, will serve as Executive Managing Director, Building Engines, reporting to Rastogi. Building Engines will continue to serve existing clients and real estate investors around the world to help them maximize the value of their assets, and JLL Property Management clients who use Building Engines will now benefit from a closer alignment between technology and the services of JLL.

Guillaume Blair acted as the exclusive financial advisor to Building Engines in this transaction.

About JLL

JLL (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. JLL is shaping the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, incredible spaces and sustainable real estate solutions for our clients, employees and communities. JLL is a Fortune 500 company with annual sales of $ 16.6 billion in 2020, operations in over 80 countries and a global workforce of over 92,000 at June 30, 2021. JLL is the brand name and a registered trademark of Jones Lang LaSalle Incorporated. For more information, visit jll.com.

About construction engines

Building Engines improves the net operating income of the world’s best performing Commercial Real Estate (CRE) portfolios. Our customers increase revenue, deliver the best occupant experience and lower operating costs with Prism, the industry’s most innovative and powerful building operating platform. Today, more than 1,000 customers trust Building Engines to manage their critical operational needs on more than 3 billion square feet and 35,000 properties worldwide. The company is backed by Wavecrest Growth Partners, River Cities Capital, MassMutual Ventures and Camber Creek. For more information, visit buildingengines.com.

JLL media contact:
Gayle kantro
Telephone: +1 312 228 2795
E-mail: [email protected]

JLL investor contact:
Chris Stent
Telephone: +1 312 228 2251
E-mail: [email protected]

Contact construction engines:
Brendan Cournoyer
Telephone: +1 508 654 5945
E-mail: [email protected]

Connect with us
https://www.linkedin.com/company/jll
https://www.facebook.com/jll
https://twitter.com/jll
https://www.instagram.com/jll

SOURCE JLL-IR



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Mukesh Ambani’s next target in the solar game: a battery tech company https://mariannebluger.com/mukesh-ambanis-next-target-in-the-solar-game-a-battery-tech-company/ https://mariannebluger.com/mukesh-ambanis-next-target-in-the-solar-game-a-battery-tech-company/#respond Sun, 17 Oct 2021 14:11:24 +0000 https://mariannebluger.com/mukesh-ambanis-next-target-in-the-solar-game-a-battery-tech-company/ The next acquisition of Reliance New Energy Solar Ltd (RNESL), led by Mukesh Ambani, will be a battery technology company as Asia’s richest man seeks to supplement his arsenal across the spectrum of energy activities solar energy and shatter Chinese hegemony on a global scale, according to industry experts. “Next in line, if I look […]]]>

The next acquisition of Reliance New Energy Solar Ltd (RNESL), led by Mukesh Ambani, will be a battery technology company as Asia’s richest man seeks to supplement his arsenal across the spectrum of energy activities solar energy and shatter Chinese hegemony on a global scale, according to industry experts.

“Next in line, if I look at their chessboard, I think they’ll go for a battery technology acquisition,” said Ratnadip Bhattacharjee, CEO and Director of ArrayTech Technologies Pvt Ltd, a design and development services company. solar engineering.

Then its entire tech circle including solar modules, panels, cells, wafers and batteries is completed, Bhattacharjee said.

Also Read: Reliance New Energy Announces 8,600 Purchases

According to an industry consultant, storage is “an area that has always been difficult for the solar industry.”

“Once it also has the battery technology under its control, it can generate electricity whenever the sun is available, store it, and supply it according to demand so that there is no no lag between production and consumption, ”said the consultant.

Battery technology will also help the electric vehicle industry move forward.

New energy company

Ambani’s strategy and vision for his foray into the new energy sector has started to unfold with the wave of recent acquisitions he has made, mostly on the tech side.

“Trust is putting the pawns in the right place,” says Bhattacharjee. “Ambani is acquiring technology, companies that have good technology in this area,” he said.

Read more: Reliance New Energy invests $ 29 million in German solar photovoltaic company

Reliance’s strategy of viewing the solar business as a technology and not a short-term lucrative or small business is electrifying the industry.

“Ambani sees the business globally not in terms of managing tariffs, not as a lobbying opportunity and those things, but as a business in itself. He’s taking on China on the world stage, you can’t fight someone by raising tariffs. He’s not looking to go after China for the Indian part of the business, ”Bhattacharjee said.

With the exception of Sterling & Wilson Solar Ltd, an EPC company, the acquisition of Norwegian solar cell, panel and polysilicon manufacturer REC Solar Holdings AS, German monocrystalline green solar wafer developer NexWafe GmbH and the he cooperation agreement with the Danish company Stiesdal A / S for the technological development and manufacture of HydroGen electrolysers in India, shows the direction of Ambani’s new energy game.

“In this industry, you can only survive if you have the technology and the scale. Scale is still their strength, scale is not a problem for Reliance to manage. So he attacks the technology. If you don’t have those two, you’re only going to run after government lobbying to impose tariffs here or other levies there because you’re never competitive. None of the Indian companies are not only competitive, they don’t even make decent solar panels compared to Chinese panels, and are far behind technologically, ”said a second solar industry official.

Aims to be a global player

Using an inferior panel increases the cost of installing solar power plants, and the only way the local industry can survive is to get the government to impose fees here and there.

Reliance sees it as a global business, not just for India. Ambani wants to be the key supplier to the entire solar industry. For this, Reliance needs technology and scale because otherwise it cannot be a global player in this field.

“The problem with the solar industry today is that most of the people who know the technology are in China. It is very difficult to enter China and control this technology, so he chose the Europeans for the technology, ”the executive said.

From this perspective, the $ 771 million acquisition of REC Solar Holdings AS is seen as Ambani’s first attack on Chinese rule. Although based in Norway, REC was owned by Beijing-based chemicals and specialty materials company, China National Bluestar (Group) Co Ltd (Bluestar).

“REC is one of the last module companies outside of China, which also has good technology, albeit a bit expensive. But, if you have the technology, the price is manageable, ”the industry official said.

Solar module technology

Outside of China, there is currently very little technology available for manufacturing solar modules or cells, as most companies have folded.

All the major solar module manufacturers around the world have lost to Chinese manufacturers. “If you are looking for a company with large and fast production capabilities as well as manufacturing technology, REC is a very good choice by Reliance,” he said.

NexWafe is a wafer maker, again with good technology, helping Reliance expand its reach into wafer and cell based solar technology.

Both are considered good buys, because otherwise Reliance would have to shop in China, which might be difficult for Ambani to take a Chinese company and get their hands on the technology. “Buying a business is easy, but grabbing the technology is very difficult in this area,” the industry official said.

The solar industry is characterized by constantly evolving technology.

“None of the Indian manufacturers in the solar sector has control over the technological part of it. They are basically just followers. Because it’s the technological game with which you can beat others. So I find the acquisition of Reliance very thoughtful. They are a recent entrant in this industry but have actually understood the basics of this business better than others, ”added Bhattacharjee.


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Founder of biotech company succeeds https://mariannebluger.com/founder-of-biotech-company-succeeds/ https://mariannebluger.com/founder-of-biotech-company-succeeds/#respond Fri, 15 Oct 2021 02:31:00 +0000 https://mariannebluger.com/founder-of-biotech-company-succeeds/ With both military and medical training, Wu Jianying, one of the founders of Haohai Biological Technology, displays decisive and vivid characteristics. The 57-year-old also has a good sense of humor, underscored by self-deprecation. Listening to how he developed Haohai Biological Technology based in Songjiang, which is now a leading enterprise focused on research and development, […]]]>

With both military and medical training, Wu Jianying, one of the founders of Haohai Biological Technology, displays decisive and vivid characteristics.

The 57-year-old also has a good sense of humor, underscored by self-deprecation.

Listening to how he developed Haohai Biological Technology based in Songjiang, which is now a leading enterprise focused on research and development, manufacture and sale of biomedical materials, one can only be impressed with his courage and sense. Business.

The company targets the rapidly growing therapeutic area of ​​the biomedical materials market, including ophthalmology, medical aesthetics and wound healing, orthopedics, anti-adhesion and hemostasis.

Ti Gong

Wu Jianying (right) performs tests with a member of the R&D staff.

If Wu hadn’t made the choice to start the business 20 years ago, he would still be a general surgeon.

“I was admitted to Yangzhou City Naval Medicine University in neighboring Jiangsu Province in 1983,” he told the Shanghai Daily, “so I got dual identity – a doctor military.

After completing his master’s degree at the university in 1989, he spent 10 years as a general surgeon at Changzheng Hospital in Shanghai.

“I was one of the first general surgeons in China to learn about liver transplant surgery,” he recalls.

The team he was with experimented with mice and pigs until they were ready for the country’s first successful human transplant into a child.

“I have been involved in the oldest liver transplant surgery in our country so far.”

“To cure diseases and save people” was his simplest wish.

“As a medical worker, as long as you work hard and persist, you will surely make progress in the end despite all the difficulties,” he said.

On the front line of medical diagnosis and treatment, Wu got to know patients and their families face to face. He and his colleagues have witnessed too many tragedies.

Due to technical barriers, many domestic markets for biomedical products have long been monopolized by foreign companies.

Sometimes patients had to pay high prices for biomedical products, such as intraocular lenses, a special lens made of synthetic materials, which can help cataract patients with their eyesight.

About 10 to 20 years ago, an imported intraocular lens cost between 15,000 yuan (US $ 2,328) and 30,000 yuan. The high price has prevented many patients from having surgery in China.

“If you work as a doctor, you might be able to treat one patient after another,” he said. “But if you can fix the problem at the source, you can benefit groups of people in need.”

Eager to revitalize the development of the national biopharmaceutical industry and bring a better life to families, he began to venture into the business world in 1999.

“It was really difficult at first, a doctor doing business is really under pressure,” Wu recalls. “I was a drug sales rep with only 1,200 yuan a month.”

However, the difficulties did not stop him. He then joined a public company to train in corporate finance.

In an area he had never set foot in before, Wu worked hard, finding his way, which also laid a solid foundation for future entrepreneurs.

The founder of a biotech company succeeds

Ti Gong

The company’s Songjiang factory.

Founder of biotech company succeeds

Ti Gong

In 2007, Wu and his team merged and acquired three former state-owned companies that developed, produced and sold medical sodium hyaluronate, forming the basis of today’s Haohai biological technology.

“Only by forming a joint force can we show a strategic advantage in competing with foreign companies,” he said.

In addition to the support of the Songjiang District Government, Wu invested almost everything he had in the business.

“I sold two of my apartments for the company,” he said.

The movement turned out to be far-sighted. After the merger, the company achieved profitability in its second year.

Advanced technology is the other reason for the company’s success.

He believes that R&D is the engine of long-term competitiveness, as well as future growth and development.

More than 200 R&D professionals currently work for the company.

Since 2017, the company has been included in the list of National Enterprise Technology Centers and had a National Postdoctoral R&D Workstation and University Expert Workstation at city level.

More than 40 invention patents have been filed by the company over the past 14 years.

The founder of a biotech company succeeds

Ti Gong

Staff work on an assembly line.

Today, based on intraocular lens sales volume and domestic cataract surgery case count, the company has captured about 30% of the IOL market in China.

The market share of the company’s orthopedic viscosupplementation products, ophthalmic viscoelastic device and anti-adhesion products was 43.30 percent, 45.24 percent and 29.90 percent, respectively, according to its website.

Besides a successful entrepreneur, Wu also has a zest for life. He and his former comrades in arms formed a choir.

“We spent time singing together to remember the past,” he said with a big smile.

The founder of a biotech company succeeds

Ti Gong

Sodium hyaluronate injection products manufactured by the Company.


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Cannabis tech company Flowhub raises $ 19 million – New Cannabis Ventures https://mariannebluger.com/cannabis-tech-company-flowhub-raises-19-million-new-cannabis-ventures/ https://mariannebluger.com/cannabis-tech-company-flowhub-raises-19-million-new-cannabis-ventures/#respond Tue, 12 Oct 2021 14:09:00 +0000 https://mariannebluger.com/cannabis-tech-company-flowhub-raises-19-million-new-cannabis-ventures/ Flowhub Announces $ 19 Million Strategic Funding Led By Headline, Poseidon & Shawn “Jay-Z” Carter New Fundraiser Brings Cannatech Company Valuation to Over $ 200 Million DENVER, Oct. 12, 2021 / CNW / – Flowhub, the cannabis retail point-of-sale platform for dispensaries, today announced the closing of a strategic funding of $ 19 million, bringing […]]]>

Flowhub Announces $ 19 Million Strategic Funding Led By Headline, Poseidon & Shawn “Jay-Z” Carter

New Fundraiser Brings Cannatech Company Valuation to Over $ 200 Million

DENVER, Oct. 12, 2021 / CNW / – Flowhub, the cannabis retail point-of-sale platform for dispensaries, today announced the closing of a strategic funding of $ 19 million, bringing the total amount of capital raised to nearly $ 50 million with a valuation of over $ 200 million. The funding was led by venture capitalists Headline and Poseidon, and included a personal investment from world-renowned rapper, entrepreneur and entertainment mogul Shawn “Jay-Z” Carter.

With the additional funding, Flowhub will accelerate its expansion in emerging markets, further develop its dynamic product line and expand its social equity program. Launched in June 2021, Flowhub’s social equity program invests in those who have been negatively affected by the war on drugs. According to the program, eligible social equity business owners receive Flowhub point-of-sale software at a reduced price of $ 4.20 for up to three years, Stash® and Greet® mobile apps, View ™ app and free implementation. To date, Flowhub has awarded over $ 1 million in software products to eligible cannabis entrepreneurs through this program.

We are delighted to announce this capital increase. Headline is an incredible Silicon Valley-based venture capital firm, Poseidon is a pioneering investor in the cannabis industry, and Jay-Z is a global cultural and creative force no matter what industry he’s involved in.

Kyle Sherman, Founder and CEO of Flowhub

I couldn’t think of a better group to work with as we take this business to the next level. This funding not only underscores the significant value that Flowhub provides to our customers, but also the maturation of the cannabis industry as a whole. We remain committed to developing innovative products that help our retail customers run better businesses.

Flowhub processes over $ 3 billion in cannabis sales annually and is trusted by over 1,000 dispensaries. Designed specifically to serve the highly regulated cannabis industry, Flowhub helps dispensaries operate in a compliant manner, grow effortlessly, and deliver exceptional customer experiences. By automating the compliance process that cannabis retailers face on a daily basis and helping dispensaries sell smarter, Flowhub strives to create a future where cannabis is accessible to all adults on planet Earth.

Recently, Flowhub appointed Leandre Johns as COO. The former Uber executive was recruited to help shape the company for the next stage of growth. The company also announced a recent integration by Weedmaps (NASDAQ: MAPS) to streamline online ordering for consumers and cannabis retailers powered by Flowhub.

To learn more or apply for Flowhub’s Social Equity Program, please visit https://flowhub.com/social-equity-program.

To learn more about Flowhub’s retail platform or to request a demo, please visit https://flowhub.com/.

About Flowhub

Flowhub is the cannabis retail software company that helps dispensaries by providing compliance, point-of-sale, inventory tracking and business intelligence solutions. As the premier Metrc integrator with the first mobile recording and inventory management apps, Flowhub processes over $ 3 billion in cannabis sales annually and enables over 1,000 cannabis retailers to streamline their workflows daily in dispensaries. Flowhub is proud to be one of the founding directors of the Cannabis Trade Federation and the US Cannabis Council, committed to advancing social equity and the federal legalization of cannabis. The company has awarded more than $ 1 million in open source software products as part of its social equity program. Founded in Denver in 2015, Flowhub is a private, remote-first company. Investors include Headline, Poseidon, Shawn “Jay-Z” Carter and Evolv Ventures (the venture capital arm of Kraft Heinz Company). For more information, visit flowhub.com.

Original press release

Posted by NCV Newswire

NCV News Wire

New Cannabis Ventures’ NCV Newswire aims to curate high quality content and information on leading cannabis companies to help our readers filter the noise and stay on top of the most important news in the cannabis market. The NCV Newswire is organized by hand by a publisher and is by no means automated. Do you have confidential topical advice? Get in touch.

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1-800 Contacts Announces Acquisition of Leading Virtual Testing Technology Company, Ditto https://mariannebluger.com/1-800-contacts-announces-acquisition-of-leading-virtual-testing-technology-company-ditto/ https://mariannebluger.com/1-800-contacts-announces-acquisition-of-leading-virtual-testing-technology-company-ditto/#respond Thu, 07 Oct 2021 13:00:00 +0000 https://mariannebluger.com/1-800-contacts-announces-acquisition-of-leading-virtual-testing-technology-company-ditto/ Agreement Expands 1-800 Contacts Growing B2B Offerings, Enables New Innovation for Global Eyewear Referral and Virtual Fitting Company DRAPER, Utah, October 7, 2021 / CNW / – 1-800 Contacts, Inc., the pioneer in DTC vision, today announced the acquisition of Ditto Technologies, Inc., a global leader in fitting technology for virtual glasses. The Oakland, California […]]]>

Agreement Expands 1-800 Contacts Growing B2B Offerings, Enables New Innovation for Global Eyewear Referral and Virtual Fitting Company

DRAPER, Utah, October 7, 2021 / CNW / – 1-800 Contacts, Inc., the pioneer in DTC vision, today announced the acquisition of Ditto Technologies, Inc., a global leader in fitting technology for virtual glasses. The Oakland, California The based company works with partners in the vision industry to simplify the shopping experiences of consumers around the world through innovative technology offerings.

Same

Over 60 million people a year have benefited from Ditto’s cutting-edge technology that allows shoppers to realistically try on glasses and receive insightful frame recommendations both in person and online. Since its inception in 2011, leading e-commerce brands, frame manufacturers, retailers and other eyecare professionals have incorporated Ditto’s innovative technology to personalize and streamline the frame discovery experience.

Over the past few years, Premium Vision, a subsidiary of 1-800 Contacts, has partnered with corporate clients to provide procurement, order fulfillment, e-commerce and telemedicine services. In 2019, 1-800 Contacts acquired 6over6 Vision, Ltd., a revolutionary technology company providing accurate and reliable optical testing with just a computer or smartphone. Idem will partner with Premium Vision and 6over6 to create a turnkey B2B offer for other companies in the vision industry.

“Our customers have been asking us for additional technological solutions for years. By combining Premium Vision, 6over6 and Ditto, we can provide an integrated technology and service offering, ”said Kate doerksen, co-founder of Idem. “This acquisition helps us bring our vision to life on a larger scale to make eyewear buying simple and accessible.”

“Idem’s goal of making it easier for consumers to discover and buy great eyewear is closely linked to our mission to simplify vision care,” said Kellen fowler, Senior Vice President of Strategy and Business Development for 1-800 Contacts. “We are delighted that Kate and her talented team at Ditto are joining forces with us as we seek a better way to care for eyesight.”

About Idem
Ditto is the leading eyewear recommendation and virtual trial technology platform for forward-looking retailers, brands and eye care professionals globally. Situated at Oakland, California, Idem brings advanced technologies such as AI-based personalization and AR visualizations to the eyewear industry. The company was acquired by 1-800 Contacts in August 2021 and will work with Premium Vision and 6over6 to create a turnkey technology and service offering to customers. For more information, please visit: www.ditto.com

About 1-800 contacts
1-800 Contacts is the vision industry’s premier disruptor and has spent the past 26 years researching a better way to provide vision care and a customer experience. The brand has campaigned tirelessly on behalf of customers, securing federal legislation that allowed customers the right to their prescription and paving the way for another generation of start-ups. As the world’s largest contact lens seller, 1-800 Contacts serves millions of loyal customers every month who have rewarded the brand with a Net Promoter Score above 80.

1-800 Contacts employs 1,000 associates among its Utah, North Carolina and Texas campus and is among the Top 500 Internet Retailers.

Kate Doerksen, co-founder of Idem

Kate Doerksen, co-founder of Idem

Cision

Cision

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Cision

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/07/c9898.html


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York-based tech company wins contract with Ordnance Survey to ‘protect’ its employees https://mariannebluger.com/york-based-tech-company-wins-contract-with-ordnance-survey-to-protect-its-employees/ https://mariannebluger.com/york-based-tech-company-wins-contract-with-ordnance-survey-to-protect-its-employees/#respond Tue, 05 Oct 2021 07:00:00 +0000 https://mariannebluger.com/york-based-tech-company-wins-contract-with-ordnance-survey-to-protect-its-employees/ A York-based tech company has been awarded a contract to supply its suite of applications to Ordnance Survey (OS), the national mapping services agency. Vismo, an employee tracking and protection software company, will offer its occupational health and safety app to protect the Ordnance Survey team working in locations across the UK. Vismo’s Lone Worker […]]]>

A York-based tech company has been awarded a contract to supply its suite of applications to Ordnance Survey (OS), the national mapping services agency.

Vismo, an employee tracking and protection software company, will offer its occupational health and safety app to protect the Ordnance Survey team working in locations across the UK.

Vismo’s Lone Worker app provides employers with real-time locations of employees and has a red alert button that staff can use in an emergency.

Craig Swallow, CEO of Vismo, said: “Ordnance Survey needed a single occupational health and safety app for its staff who can work in fairly remote locations across the country.

“They also needed real-time location data, to understand where surveyors are at different times of the day, and it was essential for them that their surveyors could sound an alarm signal if they were in danger. , for some reason.

“With increasing global levels of risk and uncertainty driven by climate change, the pandemic and geopolitical turmoil, employers around the world are increasingly reassessing the importance of protecting their mobile workforce. “

Matt Farthing, Technical Consultant for OS Operations, commented, “The Vismo system has all the features required to help us protect our employees, including accurate location monitoring, recordings and mass notifications.

Earlier this month, the tech company launched Vismo Notify, a mass notification system that allows organizations to contact and communicate with all employees, ensuring that every staff member is reached.

Typically used in the oil and gas, healthcare, and retail industries, other employers adopting Vismo technology include NGOs, whose staff and volunteers work in high-risk situations, and businesses. media with reporters and cameramen stationed in dangerous areas around the world.

Are you looking to promote your product / service to SMEs in your region?

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Quebec Tech Company — HPQ Silicon Receives TSX Venture Approval to Move Forward with Revolutionary Green Hydrogen Project https://mariannebluger.com/quebec-tech-company-hpq-silicon-receives-tsx-venture-approval-to-move-forward-with-revolutionary-green-hydrogen-project/ https://mariannebluger.com/quebec-tech-company-hpq-silicon-receives-tsx-venture-approval-to-move-forward-with-revolutionary-green-hydrogen-project/#respond Thu, 30 Sep 2021 13:23:51 +0000 https://mariannebluger.com/quebec-tech-company-hpq-silicon-receives-tsx-venture-approval-to-move-forward-with-revolutionary-green-hydrogen-project/ Quebec – HPQ Silicon, an innovative silicon solutions and technology development company, is pleased to announce that the TSX Venture Exchange (“TSX-V”) has approved the HPQ transaction with EBH2 Systems SA, (“EBH2”) Announced on August 24, 2021 and following this approval, HPQ closed the memorandum of understanding concluded with EBH2 Systems SA on August 24, […]]]>

Quebec – HPQ Silicon, an innovative silicon solutions and technology development company, is pleased to announce that the TSX Venture Exchange (“TSX-V”) has approved the HPQ transaction with EBH2 Systems SA, (“EBH2”) Announced on August 24, 2021 and following this approval, HPQ closed the memorandum of understanding concluded with EBH2 Systems SA on August 24, 2021.

HPQ and EBH2 can now focus on the next step, third party validation of EBH2 technology, which is expected to take place over the next 60 days. A first step has been taken with the signing of a perpetual global license granted by EBH2 to HPQ to sell products where EBH2 Green hydrogen reactors (EBH2 GHR) are incorporated into all HPQ technologies.

EBH2 SYSTEMS SA HAS DEVELOPED AN EXTREMELY EFFICIENT PROCESS FOR PRODUCING GREEN HYDROGEN
EBH2 is a Swiss company with proprietary low cost electrolysis technology that can extremely efficiently extract green hydrogen from virtually any water source, including salt water. EBH2 Green hydrogen reactors (“EBH2 GHR “) are scalable, adaptable and can produce, on demand, the quantities of green hydrogen fuel needed to power many applications ranging from various modes of land and sea transportation to single-family dwellings, to power generation to district scale and large scale industrial applications EBH2 has filed a provisional patent for this new on-demand process to make green hydrogen for US $ 1 per kilogram.

GREEN HYDROGEN A MARKET ADDRESSABLE TO A TILLION OF $ SEEKING A TECHNOLOGY LIKE EBH2 GHR
While the large-scale deployment of green hydrogen could supply up to 24% of global energy needs by 2050, reducing greenhouse gas (“GHG”) emissions by about a third and generating Direct annual revenue of $ 2.5 trillion, currently available processes of producing green hydrogen from renewable energy cost around US $ 5 per kilogram, giving green hydrogen a cost disadvantage compared to hydrogen produced from fossil fuels (gray and blue hydrogen) which cost US $ 1 per kilogram.

WORKING TOGETHER TO MARKET EBH2 GREEN HYDROGEN REACTOR TECHNOLOGIES
After many years of development, EBH2 now has an EBH2 GHR model ready for commercial deployment, a system that can continuously produce the green hydrogen fuel needed to power a 1 megawatt-per-week generator, enough power generation capacity to power a typical suburban home of three ( 3 rooms. The potential benefits of EBH cost and GHG reduction2 GHR systems are so massive that the units could easily replace solar panels or back-up generators for homeowners.

“HPQ has been at the forefront of developing Green Silicon innovation since 2015 and as we move closer to several operational pilot plants, finding a way to reduce our energy costs while improving our environmental footprint becomes critical. Paramount importance. EBH2 Systems SA, with its proprietary low-cost electrolysis technology that can extremely efficiently extract from virtually any water source, including salt water, Green Hydrogen presents HPQ with one of these games changing synergistic opportunities that we simply couldn’t ignore, ”said Bernard Tourillon, President and CEO of HPQ Silicon. “We are getting closer to the point where EBH2 the technology will be validated and HPQ will be incredibly well positioned to fabricate green silicon materials while opening up massive new addressable markets for a system capable of producing green hydrogen cheaply, on demand. “

Once the EBH has been validated by a third party2 the technology is complete, in accordance with the terms of the agreement found in HPQ on August 24, 2021, version:

  • HPQ will complete the cash component of part of the transaction and begin delivering HPQ share units to EBH2 under the equity component of the transaction,
  • HPQ and EBH2 will create a new joint venture (“NEWCO”) to market, sell and maintain EBH2 systems and products in North America, and
  • EBH2 will start working on extending its EBH2 GHR technology to build systems capable of continuously producing the green hydrogen fuel needed to meet the energy needs of:
    – HPQ PUREVAPTM QRR, a technology to produce high purity silicon,
    – HPQ PUREVAPTM NSiR, a technology to produce nano silicon materials,
    – HPQ Fumed Silica Reactor, a technology for producing fumed silica in a single step, and
    – Other technologies that HPQ can develop over time.

HPQ WILL BEGIN THE PROCESS TO CHANGE THE COMPUTER CLASSIFICATION FROM MINING ISSUER TO TECHNOLOGICAL ISSUER
The TSX Venture Exchange approval included HPQ’s commitment to:

  • Submit, no later than December 31, 2021, a request to the TSX Venture Exchange to change the HPQ classification from mining issuer to industrial and technological issuer.
  • Obtain shareholder approval of the classification change request no later than 15 months from June 17, 2021.


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Home loan: Homeville, a financial technology company in housing finance, raises $ 7 million https://mariannebluger.com/home-loan-homeville-a-financial-technology-company-in-housing-finance-raises-7-million/ https://mariannebluger.com/home-loan-homeville-a-financial-technology-company-in-housing-finance-raises-7-million/#respond Thu, 30 Sep 2021 09:12:00 +0000 https://mariannebluger.com/home-loan-homeville-a-financial-technology-company-in-housing-finance-raises-7-million/ Homeville, a financial technology company in housing finance, raised $ 7 million with participation from 9Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital along with other investors. The company operates three platforms as part of its home loan activation network. The HomeCapital platform pioneered the down payment assistance program […]]]>
Homeville, a financial technology company in housing finance, raised $ 7 million with participation from 9Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital along with other investors.

The company operates three platforms as part of its home loan activation network. The HomeCapital platform pioneered the down payment assistance program in India and is a market leader with $ 250 million in home sales facilitated through the platform.

“We launched India’s first down payment assistance program to speed up housing for first-time buyers. With our digital mortgage product and co-lending platform for affordable real estate finance, we are strengthening our commitment to homebuyers and the Indian housing finance ecosystem, ”said Madhusudan. Sharma, co-founder, Homeville.

Homeville is building a home loan activation network using its technological platforms. The platforms serve the demand for home consumer credit and build the credit rails for institutional capital to flow seamlessly to retail housing related credit assets. The company has been a pioneer with its technology solutions for home buyers.

“Homeville’s various platforms respond to the challenges facing Generation Y homebuyers and the real estate market. The company aims to help accelerate the $ 100 billion housing industry, which is expected to reach around $ 500 billion by 2025. This company aims to help people buy their first homes, ease the flow of credit towards affordable housing and to share the lending infrastructure among housing finance companies. Said Jaxay Shah, Managing Director of Savvy Group, Investor JITO Angel Network and Former National President, CREDAI.

Homeville is leading efforts to create open banking products on the mortgage side of the financial services industry. The company’s technological architecture is based on open banking principles and designs. It creates significant operational leverage with an internal technology stack powering its platforms.

“The company is building the missing credit network and fintech rails in India’s huge housing ecosystem. This will speed up the housing mission for all missions and create massive social impact. We support a strong team with extraordinary leadership and execution track record, ”said Apoorva Ranjan Sharma, Founder of 9Licorns and Venture Catalysts.

Bharat Housing Network, the company’s second platform, is building the co-lending infrastructure in affordable housing finance to provide credit at the local level.

“Housing is a priority for governments and regulators around the world. The long-term and secure nature of housing finance assets creates a great opportunity for new age tech companies to create interesting fintech models. Homeville is uniquely positioned to be a market leader in digital real estate finance management technologies, ”said Aparajit Bhandarkar, Partner, Varanium Capital.

The third platform, HomeNxt (B2C), currently in beta, is a digital mortgage platform that uses technology for underwriting and delivering mortgages by leveraging the Indian technology stack. The company is building the entire software stack for the digital mortgage journey.

Homeville is founded by IIM alumni – Lalit Menghani, Madhusudan Sharma and Prasad Ajinkya. Current funding will be used to further strengthen its technology infrastructure and evolve mortgage platforms serving millennial homebuyers as well as affordable homebuyers.


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Vancouver-based agriculture tech company raises $ 100 million https://mariannebluger.com/vancouver-based-agriculture-tech-company-raises-100-million/ https://mariannebluger.com/vancouver-based-agriculture-tech-company-raises-100-million/#respond Wed, 29 Sep 2021 11:07:41 +0000 https://mariannebluger.com/vancouver-based-agriculture-tech-company-raises-100-million/ Breadcrumb Links New Local News Business The company now manages more than 120 million acres of farmland in Canada, Australia, New Zealand, Europe and South Africa. Author of the article: David Carrigg Release date : Sep 29, 2021 • 16 minutes ago • 1 minute read • Join the conversation A pheromone delivery module in […]]]>

The company now manages more than 120 million acres of farmland in Canada, Australia, New Zealand, Europe and South Africa.

Content of the article

A Vancouver-based agricultural technology company has raised $ 100 million through a private equity and venture capital firm.

Content of the article

In a prepared statement released Wednesday, Semios said funding from the Boston-based Morningside Group would be used to accelerate its research and development programs and “the deployment of solutions to help producers around the world reduce chemical inputs, to better manage water and improve crop results. “

Since its inception in 2010 by current CEO Michael Gilbert, the company has raised $ 225 million, including $ 100 million reported in February 2020 and also through the Morningside Group.

The February funding was used by the company to take over three other companies working in the same field – Altrac, Centricity and Agworld, based in Australia.

In a statement, Morningside investment manager Mick Sawka said the company invests in companies “tackling pressing global challenges.”

Content of the article

Semios uses technology, including hundreds of thousands of sensors, to mitigate risks to crops from threats such as drought and pests.

These sensors monitor things like climate, soil moisture, and insect and disease activity on a daily basis. This information is processed and advice may be given depending on the results.

“Semios is on a mission to simplify the grower experience, leveraging big data analytics and machine learning to help them mitigate crop risks so they can focus on growing more. of food, in a more sustainable way, ”said Gilbert.

“We have seen firsthand the challenges our customers face on the ground – from severe drought and devastating fires to frost, to reduced profitability and increasing regulatory burden. But, in the face of these challenges, we can help farmers continue to meet the nutritional needs of our growing population.

The company now manages more than 120 million acres of farmland in Canada, Australia, New Zealand, Europe and South Africa.


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Ritchie Bros. to acquire SmartEquip, a leading parts and service technology company https://mariannebluger.com/ritchie-bros-to-acquire-smartequip-a-leading-parts-and-service-technology-company/ https://mariannebluger.com/ritchie-bros-to-acquire-smartequip-a-leading-parts-and-service-technology-company/#respond Mon, 27 Sep 2021 11:00:00 +0000 https://mariannebluger.com/ritchie-bros-to-acquire-smartequip-a-leading-parts-and-service-technology-company/ Innovative Technology Platform Enables Customers to Manage Equipment Lifecycle and Fully Integrated Parts Purchases with OEMs and Dealers VANCOUVER, BC, September 27, 2021 / CNW / – The Ritchie Brothers. Auctioneers (NYSE: RBA) and (TSX: RBA) (“Ritchie bros. “or the” Company “) and SmartEquip announced today that they have entered into a definitive agreement under […]]]>

Innovative Technology Platform Enables Customers to Manage Equipment Lifecycle and Fully Integrated Parts Purchases with OEMs and Dealers

VANCOUVER, BC, September 27, 2021 / CNW / – The Ritchie Brothers. Auctioneers (NYSE: RBA) and (TSX: RBA) (“Ritchie bros. “or the” Company “) and SmartEquip announced today that they have entered into a definitive agreement under which Ritchie bros. will acquire SmartEquip for approximately US $ 175 million. Completion of the acquisition is subject to customary closing conditions, including, among other conditions, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

“This acquisition reinforces our goal of providing the best experience to our clients as we continue our transition from a traditional auctioneer to a marketplace of information, services and transaction solutions for commercial assets,” said Anne Fandozzi, Chief Executive Officer, Ritchie bros. “SmartEquip will allow us to provide asset-specific and lifecycle parts and after-sales service to our buyers on behalf of our dealer and OEM partners.

SmartEquip is a multi-vendor platform that provides customers with real-time service and diagnostic support, dynamically personalized, via serial number, for each asset in their fleet, as well as electronic parts procurement. from OEMs and their dealers. The company supports approximately $ 1 billion in annual transaction volume with more than 600 OEM brands, on behalf of fleet locations across North America, Europe, and the Asia Pacific. SmartEquip has 60 employees and will continue to operate as a stand-alone company and maintain its physical presence in Norwalk, Connecticut for the foreseeable future.

Ritchie bros. is a perfect partner for us, with over 60 years of experience and a global presence ”, said Bryan Rich, executive chairman of SmartEquip. “With their global customer base, this merger will accelerate SmartEquip’s ability to support its rapidly growing footprint in our common global markets and engaged customer base. Upon closing, the existing SmartEquip team, including all senior management, will transition and participate in the next phase of growth for the SmartEquip network. “

Under the terms of the transaction, The Ritchie Brothers. will acquire 100% of the capital of SmartEquip for approximately US $ 175 million subject to adjustment.

Strategic rationale for the acquisition:

  • Allows a better customer and partner experience – the combination of SmartEquip and Ritchie bros. enable and accelerate the adoption of parts and service sales on behalf of our dealer and OEM partners by providing a seamless experience for end users

  • Accelerate the execution of our strategy – This very complementary acquisition is based on Ritchie bros. ‘ vision to become a trusted global marketplace for information, services and transaction solutions for business assets

  • Deepens IMS connectivity – SmartEquip will deepen IMS (Inventory Management System) connectivity and enable more large-scale digital solutions around inspections and ancillary services, while enabling better optimization of search and advertising revenue streams

Advisors:
Goldman Sachs & Co. LLC is the exclusive financial advisor to The Ritchie Brothers. and Dorsey & Whitney LLP and Dechert LLP are acting as legal advisers. Houlihan Lokey, Inc. serves as financial advisor to SmartEquip and Robinson + Cole, LLP serves as legal advisor.

On Ritchie bros.:
Created in 1958, Ritchie bros. (NYSE and TSX: RBA) is a global asset management and disposition company, providing clients with end-to-end solutions for the purchase and sale of heavy equipment, trucks and other business assets. ‘opportunity. Operating in a number of industries including construction, transportation, agriculture, energy, oil and gas, mining and forestry, the company’s sales channels include: The Ritchie Brothers. Auctioneers, the world’s largest industrial auctioneer, offers live auction events with online auctions; IronPlanet, an online marketplace with weekly auctions and offering exclusive IronClad insurance® certification of the condition of the equipment; Marketplace-E, a controlled marketplace offering multiple pricing and timing options; Mascus, European leader in online equipment referencing; and Ritchie bros. Private treaty, offering privately negotiated sales. The Company’s suite of solutions also includes Ritchie bros. Asset Solutions and Rouse Services LLC, which together provide a comprehensive end-to-end asset management, data-driven intelligence, and performance benchmarking system. The Ritchie Brothers. also offers industry solutions, including GovPlanet, TruckPlanet and Kruse Energy, as well as equipment financing and leasing through The Ritchie Brothers. Financial services. For more information on Ritchie bros., visit RitchieBros.com.

Photos and video for integration into media articles are available at rbauction.com/media.

Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information within the meaning of applicable US and Canadian securities laws (collectively, “forward-looking statements”), including, in particular, statements regarding the ability to Ritchie bros. meet the conditions of the contract to acquire SmartEquip and complete the transaction on time, or not at all, the terms and conditions of the proposed SmartEquip transaction, the benefits and synergies of the SmartEquip transaction, future opportunities for the combined businesses to Ritchie bros. and SmartEquip, future financial and operational results and any other statements regarding events or developments that Ritchie bros. believes or anticipates will or could happen in the future. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “anticipate”, “plan,“ anticipate ”,“ plan ”,“ target ”,“ potential ”, “Schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or statements that events or conditions “will”, ” would be “,” could “,” could “,” should “or” could “occur. All of these forward-looking statements are based on the opinions and estimates of management as of the date on which these statements are made. Forward-looking statements necessarily involve assumptions, risks and uncertainties, some of which go beyond Ritchie bros. ‘ control, including risks and uncertainties related to: general economic conditions and conditions affecting industries in which The Ritchie Brothers. and SmartEquip work; obtaining regulatory approvals for the SmartEquip transaction; each of the The Ritchie Brothers. ‘ and the ability of SmartEquip to meet the terms of the acquisition agreement and complete the transaction on time, if at all; Ritchie bros. ‘ ability to successfully integrate SmartEquip operations and employees with Ritchie bros. ‘ existing business; the ability to achieve the growth and synergies anticipated in the SmartEquip transaction; maintaining important commercial relationships; the effects of the SmartEquip transaction on relationships with employees, customers, other business partners or government entities; transaction costs; deterioration or instability of the economy, the markets we serve or the financial markets in general; as well as the risks and uncertainties set out in Ritchie bros. ‘ Annual report on Form 10-K for the year ended December 31, 2020, and Ritchie bros. ‘ Form 10-Q for the quarter ended June 30, 2021, each of which is available on the SEC, SEDAR and Ritchie bros. ‘ website. The foregoing list is not exhaustive of the factors that may affect Ritchie bros. ‘ forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are made as of the date of this press release and The Ritchie Brothers. assumes no obligation to update the information contained in this document, unless required by applicable securities laws. For the reasons stated above, you should not place undue reliance on forward-looking statements.

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THE SOURCE The Ritchie Brothers. Auctioneers

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