Day: September 25, 2023
Rising concerns regarding road workers and traffic safety management is a major factor driving infotainment System on Chip (SoC) market revenue growth
Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global infotainment System on Chip (SoC) market size is expected to reach USD 18.81 Billion in 2032 and register a steady revenue CAGR of 9.7% over the forecast period, according to the latest analysis by Emergen Research. Integration of advanced technologies, such as Artificial Intelligence (AI) and Augmented Reality (AR) into infotainment systems is a key factor driving market revenue growth. Infotainment systems have progressed from rudimentary audio and navigation interfaces to advanced technology.
AI algorithms have the potential to enhance driver assistance systems by processing sensor data and making real-time decisions for...
Contraceptive Drugs Market Size to Surpass USD 31.30 Billion by 2030, exhibiting a CAGR of 7.7%
Written by Customer Service on . Posted in Mergers And Acquisitions.
As per the report by Fortune Business Insights, the global contraceptive drugs market size is projected to reach USD 31.30 Billion by 2030, at a CAGR of 7.7% during the forecast periodContraceptive Drugs MarketContraceptive Drugs Market (2023 – 2030)Pune, India, Sept. 25, 2023 (GLOBE NEWSWIRE) — The contraceptive drugs market size was valued at USD 17.50 billion in 2022 and is slated to reach a valuation of USD 18.57 billion in 2023 and it is expected to reach USD 31.30 billion by 2030, with a CAGR of 7.7% over the projected period. Market growth is attributed to the increasing adoption of modern contraceptive methods over traditional methods due to rapid innovations and increased awareness about contraceptive techniques. Regional and international organizations are launching over-the-counter contraceptive drugs,...
Engineering Software Market Size to Surpass USD 87.78 billion by 2030, exhibiting a CAGR of 10.3%
Written by Customer Service on . Posted in Mergers And Acquisitions.
As per the report by Fortune Business Insights, the global Engineering Software Market Size is projected to reach USD 87.78 billion by 2030, at a CAGR of 10.3% during the forecast period.Engineering Software MarketForecast, 2023 – 2030Pune,India, Sept. 25, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Engineering Software Market Size was valued at USD 40.55 billion in 2022 and is projected to grow from USD 44.22 billion in 2023 to USD 87.78 billion by 2030, exhibiting a CAGR of 10.3% during the forecast period.
The rise can be attributed to the growing endeavor of market players to enhance their offerings with product upgrades and innovations.Key Industry Development:
April 2023 – IBM and Siemens Digital Industries Software shared plans to expand their long-term collaboration. The two companies...
Brunswick Corporation Named by Newsweek as One of the World’s Most Trustworthy Companies
Written by Customer Service on . Posted in Public Companies.
METTAWA, Ill., Sept. 25, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC), the world’s largest recreational marine technology company, today announced the Company has been named to Newsweek’s inaugural list of the World’s Most Trustworthy Companies. Brunswick was listed in the Machines & Industrial Equipment category and the recognition reflects the Company’s commitment to integrity, safety, and quality, and to transforming experiences on the water and beyond.
“We are honored to be recognized by Newsweek as a trusted business, employer, and partner to our many stakeholders,” said Dave Foulkes, CEO, Brunswick Corporation. “This award underscores our commitment to living the values at the core of our business and is a testament to the efforts of our global workforce of more than 18,000 employees who are committed to...
CAR-T Cell Therapy Market Size to Surpass USD 14.42 Billion by 2030, exhibiting a CAGR of 18.5%
Written by Customer Service on . Posted in Mergers And Acquisitions.
As per the report by Fortune Business Insights, the global CAR-T Cell Therapy Market size is projected to reach USD 14.42 billion in 2030, at a CAGR of 18.5% during the forecast period, 2023-2030CAR-T Cell Therapy MarketForecast 2023-2030Pune, India, Sept. 25, 2023 (GLOBE NEWSWIRE) — Global CAR-T Cell Therapy Market Size was valued at USD 2.72 billion in 2022 and is projected to grow from USD 14.42 billion by 2030 exhibiting a CAGR of 18.5% during forecast period. The growing prevalence of cancer in the population and rising healthcare burden due to these diseases are the key factors driving the market growth.
A rise in clinical trials and R&D programs by leading companies to offer advanced therapies and more efficient drugs for CAR-T cell therapy are the major elements supporting market expansion.
This information...
Concentrix and Webhelp Complete Combination, Creating a Diversified Global CX Leader, Well-Positioned for Growth
Written by Customer Service on . Posted in Mergers And Acquisitions.
Chris CaldwellCEO of Concentrix + WebhelpNEWARK, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) services and technologies, today announced it has closed its combination with Webhelp and the integration of the two companies is underway. While the combined company finalizes its permanent name, it will operate under the trade name Concentrix + Webhelp.
This combination further positions Concentrix + Webhelp as a global CX leader, with an expanded breadth of generative AI solutions, digital capabilities, and high-value services. It also strengthens its end-to-end CX value proposition, with one of the most robust, well-balanced global footprints in the industry to help the world’s best brands transform customer experiences and achieve their...
NIO Inc. Announces Closing of US$1 Billion Convertible Senior Notes Offering
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the closing of its offering of US$500 million in aggregate principal amount of convertible senior notes due 2029 (the “2029 Notes”) and US$500 million in aggregate principal amount of convertible senior notes due 2030 (the “2030 Notes,” and, together with the 2029 Notes, the “Notes”) (the “Notes Offering”). The Notes were sold to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
The Company has granted the initial purchasers in the Notes Offering an option, exercisable...
Festi hf.: Buyback program week 38
Written by Customer Service on . Posted in Public Companies.
In week 38 2023, Festi purchased in total 130,000 own shares for total amount of 23,320,000 ISK as follows:Week
Date
Time
Purchased shares
Share price
Purchase price38
19.sep
14:16:19
70.000
179,5
12.565.00038
20.sep
13:55:36
30.000
179,5
5.385.00038
21.sep
11:08:26
15.000
179
2.685.00038
21.sep
14:53:42
15.000
179
2.685.000
130.000
23.320.000The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before the purchase Festi held 9,275,668 own shares or 2.97% of issued shares. Festi...
Xiao-I Corporation Announces Unaudited and Unreviewed First Half 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
– Net revenues grew 106% year over year to a record high of US$26.5 million
– Gross margin rose 620 basis points year over year to 77.3%
– Cash and cash equivalents more than quadrupled to US$4.7 million, compared with end-2022
SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) — Xiao-I Corporation (Nasdaq: AIXI) (“Xiao-I” or the “Company”), a leading cognitive artificial intelligence (“AI”) enterprise in China, today announced its unaudited and unreviewed financial results for the six months ended June 30, 2023.
First Half 2023 Financial HighlightsNet revenues increased 106% year over year to a record high of US$26.5 million.
Sale of cloud platform products increased 523% year over year to US$22.7 million.
Gross profit increased 124% year over year to US$20.5 million.
Gross margin was 77.3%, up 620 basis points...
Wolters Kluwer identifies ESG reporting challenges, demonstrates how technology brings clarity and competitive advantage
Written by Customer Service on . Posted in Public Companies.
PRESS RELEASE
Wolters Kluwer identifies ESG reporting challenges, demonstrates how technology brings clarity and competitive advantageWolters Kluwer’s Corporate Performance and ESG division poised to play leading role in enabling businesses to navigate emerging ESG reporting challenges
LONDON – September 25, 2023 – Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division has set out key issues major corporate and financial services institutions should consider when tackling emerging ESG reporting challenges. The insights are featured in a new white paper, “Bringing clarity to the complexity of financial and ESG reporting,” which zeroes in on the significant impact that the expected enforcement of global ESG regulations will have on multinational companies.
The paper, authored by Wolters Kluwer CP & ESG experts,...