Year: 2023

Transaction expected to close in the first quarter of 2024 FLORHAM PARK, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc. (TSX: CSU). Modaxo is a global portfolio company focused on advancing people transportation solutions. The transaction is expected to close in the first quarter of 2024. The closing is subject to the satisfaction of customary closing conditions and regulatory approvals. “This divestiture demonstrates continued progress in streamlining our portfolio to drive increased focus on our core capabilities and enable synergistic growth to create shareholder...

TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its People Transportation Division operating as Modaxo, has signed an agreement to acquire the Curbside Management and Public Safety Businesses from Conduent Incorporated (Nasdaq: CNDT). Completion of the acquisition remains subject to closing conditions. Conduent’s Curbside Management business provides parking management systems to the public sector, while their Public Safety business provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients. About ModaxoModaxo is a global technology organization passionate about moving the world’s people. Working both together and independently, our collective of businesses are committed...

MINNEAPOLIS, Dec. 28, 2023 (GLOBE NEWSWIRE) — via IBN — Electronic Servitor Publication Network, Inc. (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel activation and customer engagement assets.  Pointward’s intellectual property includes proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. Thomas Spruce, XESP COO and sole director, said: “We are pleased that we are now able to utilize Pointward’s impressive portfolio of intellectual property to enhance our managed service product and to gain the capability and expertise to serve both highly regulated and unregulated...

Increasing use of contactless payments and rising number of loyalty benefits in a mobile environment are key factors driving mobile payment market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global mobile payment market size was USD 972.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.3% during the forecast period. In a dynamic market landscape, the global mobile payment market is experiencing significant growth, driven by the increasing popularity of contactless payments and a surge in loyalty benefits within the mobile environment. The rise of mobile payment apps has transformed the way customers conduct online transactions, offering a convenient and secure alternative. Technological advancements, particularly in Near Field Communication (NFC) and Quick Response (QR) codes, have facilitated...

Technological advancements in dentistry, rising number of products launches and approval for clear aligners, and increasing benefits of clear aligners over traditional methods are key factors driving Clear Aligners market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global clear aligners market, valued at USD 38.48 Billion in 2032, is projected to experience robust growth, reaching USD 12.6 billion by 2028, according to a comprehensive market research report. The report anticipates a rapid revenue compound annual growth rate (CAGR) of 23.9% during the forecast period. Key factors driving this substantial market expansion include continuous technological advancements in dentistry, a surge in product launches and approvals for clear aligners, and the growing preference for clear aligners over traditional braces....

Increasing prevalence of atopic dermatitis is a major factor driving Atopic Dermatitis Drugs Market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global atopic dermatitis drugs market size was USD 6.10 Billion in 2022 and is expected to register a rapid revenue CAGR of 15.2% during the forecast period. The global atopic dermatitis drugs market is experiencing substantial growth, emerging as the most prevalent chronic inflammatory skin condition. According to the National Library of Medicine of NCBI, atopic dermatitis affects 10% to 30% of children and 2% to 10% of adults in developed countries. The market is witnessing a boost in revenue attributed to regulatory approvals, robust Research & Development (R&D) investments, and a surge in biologics for atopic dermatitis management. In a notable development,...

Rising demand for SAW in telecommunication and Internet of Things (IoT) is a key factor driving Surface Acoustic Wave Filters market revenue growth Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global Surface Acoustic Wave (SAW) Filters market size was USD 287 Million in 2022 and is expected to register a steady revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. Rapid procurement of SAW filters in providing 5G Long-Term Evolution (LTE) cellular technology is a key factors driving market revenue growth. According to GSM Association, the number of 5G connections is projected to exceed 2 billion by 2025. Industry 4.0 has further accelerated penetration of 5G LTE deployment in various industrial applications, including automation, Internet of Things (IoT), smart factories, robotics,...

Rising demand for high-density servers is one of the major factors driving Server Chassis market revenue growth. Vancouver, Dec. 28, 2023 (GLOBE NEWSWIRE) — The global server chassis market size was USD 322.18 Billion in 2022 and is expected to register a revenue CAGR of 3.5% during the forecast period according to the latest analysis by Emergen Research. Rising demand for high-density servers in various sectors is a major factor driving market revenue growth. In the coming years, the server chassis market growth opportunities are expected to be driven by introduction of new technologies. With the development of cloud-related technology, there will be many opportunities in the server chassis market in the approaching years. The 2U rack server solutions that small and mid-sized organizations can readily adopt are expected to drive...