Day: May 25, 2021

Key companies profiled include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Eaton Corporation plc (Ireland), General Electric Company (U.S.), and Mitsubishi Electric Corporation. (Japan). Bharat Heavy Electricals Limited (India), Crompton Greaves Ltd. (India), Howard Industries. (U.S.), SPX Transformer Solutions, Inc. (U.S.), Alstom (France), and Ormazabal (Spain)., among others. Pune, May 25, 2021 (GLOBE NEWSWIRE) — Rising Renewable Energy Grid Integrations Benefit the Smart Transformers Market The smart transformers market outlook appears extremely promising. Factors such as rising upgrade activities undertaken for aging transmission & distribution infrastructures and grid & transformer technologies drive the market. Besides, growing awareness of the benefits of renewable energy sources...

LIMASSOL, Cyprus, May 25, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that:On May 20, 2021, Castor took delivery of the M/V Magic Nebula, the 2010 Korean-built Kamsarmax dry bulk carrier, it had agreed to acquire as previously announced on March 10, 2021;On May 21, 2021, Castor took delivery of the M/T Wonder Vega, the 2005 Korean-built Aframax tanker, it had agreed to acquire as previously announced on April 16, 2021. The M/T Wonder Vega has been entered in an unaffiliated tanker pool specializing in the employment of Aframax tanker vessels; andOn May 23, 2021, Castor took delivery of the M/V Magic Starlight, the 2015 Chinese-built Kamsarmax dry bulk carrier it had agreed to acquire as previously announced on April 19, 2021. The...

Sumo Logic’s Cloud SIEM Combined with SOAR Technology to Help Further Reduce Manual Tasks and Accelerate Threat Detection Analysis, Incident Response and Forensic Investigations REDWOOD CITY, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Sumo Logic (Nasdaq: SUMO), the pioneer in continuous intelligence, today announced it has closed its acquisition of DF Labs S.p.A., a provider of Security Orchestration, Automation and Response (SOAR) software solution. The combination of Sumo Logic’s Cloud SIEM built on the Continuous Intelligence Platform™ and DFLabs will provide customers of varying sizes and maturities with comprehensive cloud-native security intelligence solutions, that are built for today’s digital businesses leveraging modern applications, architectures and multi-cloud infrastructures. “We are thrilled to officially welcome the...

Combined companies offer unified solution to defend against both true and friendly fraud SAN FRANCISCO and SALT LAKE CITY, May 25, 2021 (GLOBE NEWSWIRE) — Sift, the leader in Digital Trust & Safety, today announced that it has signed a definitive agreement to acquire Chargeback, the pioneer in real-time dispute management for merchants. The two companies are coming together as both e-commerce growth and payment fraud are accelerating, and as the Fraud Economy—the sophisticated and interconnected network of cybercriminals and their methods—has rapidly expanded. With the addition of Chargeback to Sift’s platform, merchants will gain access to a complete solution that addresses risk before, during, and after user transactions. Specifically, the two companies prevent both “true” fraud, which occurs when stolen credentials or payment...

TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Cryptologic Corp. (CSE:CRY) (the “Company” or “Cryptologic”) is pleased to announce that it has entered into an amended and restated share purchase agreement (the “Amended and Restated SPA”) dated May 21, 2021 with Greenland Resources Inc. (the “Seller”), RSG Mining Corp. (“RSG Mining”) and certain other parties to acquire 100% of the outstanding shares of the Seller’s wholly-owned subsidiary, Copenhagen Minerals Inc. (“Copenhagen”), which owns 100% of a mineral exploration license known as the Storø Gold Project, located in Greenland (the “Acquisition”). The Amended and Restated SPA amends and restates the share purchase agreement (the “SPA”) entered into on January 27, 2021, as announced on January 28, 2021. The Company is also pleased to announce that it has received conditional approval...