Day: July 27, 2022

BASEL, Switzerland, July 27, 2022 (GLOBE NEWSWIRE) — Investment company GENUI and Magnolia, a leading software vendor in the global digital experience and content management markets, today announce that GENUI acquires a majority stake in Magnolia and injects significant growth capital into Magnolia.

Magnolia is an emerging vendor pioneering the vision of “composable” Digital Experience Platforms (DXPs). DXPs sit on top of content management systems (CMS) and enable brands to orchestrate compelling digital experiences across multichannel customer journeys and devices. The global market for DXPs is forecast to reach 23 billion US dollars by 2028, with an average annual growth rate of above twelve percent from 2021 to 2028.

Magnolia already serves clients in more than 100 countries through nine regional offices and counts many global brands such as The New York Times, Sanofi, Sainsbury’s, Ping An and Bechtle as its trusted customers. With the funding, the company will continue the expansion of its global sales and marketing footprint including its technology and channel partner ecosystems, accelerate product innovation and increase global market awareness.

Traditionally, DXPs have been purchased as a complete suite of marketing software from one vendor. These have proven to be slow, expensive and restrictive. “Magnolia is uniquely positioned to allow customers to integrate their key applications and platforms – from legacy to modern APIs – and compose a powerful digital experience architecture enabling the overall ease-of-use and agility now expected of modern cloud solutions,” comments Magnolia CEO, Tim Brown. “With GENUI‘s support, we will now be able to fully leverage our recognition as a ‘Visionary’ in the 2022 Gartner® Magic Quadrant for DXP to help an increasing number of marketers, authors and developers deliver fantastic multichannel digital experiences.”

“By significantly strengthening the capital base, we are putting Magnolia in a position to even better exploit its market potential and sustainably increase its growth,” says Boris Klenk of GENUI. Upon completion of the transaction, the entrepreneur Amit Shah, an established expert in the digital experience industry, will become Chairman of the advisory board of Magnolia. “We are seeing a shift away from monolithic application solutions toward modular approaches. This is an exceptional strategic opportunity for Magnolia, which offers a future-proof composable digital experience platform for the enterprise,” comments Amit Shah.

Exiting investor Elvaston Capital Management GmbH secured a majority stake in Magnolia in 2017, which GENUI is now acquiring. “We have accompanied Magnolia during an extremely positive and high-growth phase in recent years,” says Dr. Oliver Thum, Managing Partner at Elvaston. “We are pleased that the company will now take the next steps with GENUI.”

The purchase price and other details of the transaction were not disclosed. GENUI was advised on this transaction by CMS (Legal) and Baer & Karrer (Structuring), while Morrison Foerster (Legal Germany) and Walder Wyss (Legal Switzerland) acted as advisors to Elvaston.

About Magnolia

Founded in 1997 with a vision to create the first truly open content management system, Magnolia is a world leading digital experience company. Brands who want to move fast and stay flexible choose Magnolia because the company blends the power of an enterprise DXP solution with headless agility. Magnolia operates globally with offices on five continents and more than 200 Magnolia-certified partners around the world.

About Elvaston

Elvaston is an investment company specializing in small-to-medium sized enterprise software companies in Europe. Elvaston accompanies profitable companies in various segments of enterprise software and focuses on organic growth as well as buy & build strategies.

About GENUI

GENUI is a company founded by renowned entrepreneurs and investment professionals who believe in “Good Entrepreneurship”. GENUI exclusively makes long-term commitments to companies with the goal of creating sustainable growth and social value. Companies are given professional governance by getting access to entrepreneurs with industry-relevant expertise and their corresponding networks.

For more information, press only:

Sorina Mone
Magnolia
+41 61 228 90 00

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The country’s leading financial news outlet’s annual ‘Valor Inovação Brasil’ awards named the Company as leader in its industry group, and seventh in its overall ranking of 150 companies.

London, July 27, 2022

CNH Industrial has once again been recognized as one of Brazil’s most innovative businesses in the annual ‘Valor Inovação Brasil’ awards. The accolades were conferred by national financial news authority Valor Econômico, in partnership with Strategy& – the global strategy consulting team at PricewaterhouseCoopers (PwC). The awards were announced in a virtual ceremony on July 26.

The Valor Inovação Brasil awards were first launched in 2015. CNH Industrial has been included from the start, progressing further up the leader board each year. This edition sees the Company take first place in its sector category for the third consecutive year. CNH Industrial also moved up to its best position yet in the general ranking, placing seventh out of 150 companies from 23 different industries. Participants are assessed using a model specifically developed for Brazil with qualitative and quantitative indicators that identify the companies which adopt the best innovation practices and policies, make the most meaningful investments in the local market and achieve the most significant results.

“These leading positions reflect the evolution of our work, which goes beyond the equipment and services we offer to our people and internal processes. It highlights our innovative culture, the way we invest in our human capital and our entire value chain, always prioritizing the benefits for our customers,” said Vilmar Fistarol, President, Latin America at CNH Industrial.

Globally, CNH Industrial is strongly committed to being a first mover in innovation for agriculture and construction. This is demonstrated by the Company’s continued investment to strengthen its in-house capabilities, the cutting-edge work taking place at its 30 R&D centers; and a strategic focus on digitalization, precision technologies (including automation and autonomy) and advanced technologies (including electrification and alternative fuels).

Brazil is home to over 20% of the Company’s workforce and four manufacturing sites, all hosting dedicated R&D centers. One of the most recent milestones on its innovation journey in Brazil sees an alliance with Cubo Itaú, Latin America’s foremost hub for technological entrepreneurship. The Company sits on the Agro Vertical committee, focused on fostering engagement with agtech start-ups and key players with different expertise to develop joint projects aimed at promoting new solutions for customers in the region.

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 37,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Media contacts:

Rebecca Fabian	Anna Angelini
North America	United Kingdom
Tel. +1 312 515 2249	Tel. +44 (0)7725 826 007

mediarelations@cnhind.com

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ITOps leader expands global footprint through new partnership with QBS Group

Boulder, Colo, July 27, 2022 (GLOBE NEWSWIRE) — Automox®, the cloud-native IT operations provider, today announced its expansion into the United Kingdom and Australian markets through a new partnership with QBS Group. Driven by global customer demand for a cloud-native solution that makes it easy to keep every endpoint updated and secure from anywhere in the world, the company also plans to further expand into the Middle East and Singapore.

In a recent survey of global industry professionals, 84% said they rely on five or more endpoint management tools and 60% use more than 10. Realizing this a complex challenge for companies across the world, Automox, in partnership with QBS Group, will bring its modern cloud-native patch management and automated vulnerability remediation to these new markets through resellers and the broader partner community. The expansion also further strengthens Automox’s Rapid7 partnership, as QBS Group is one of Rapid7’s largest partners.

“The UK and Australian markets present a great opportunity for Automox as we continue to grow and expand our customer base,” said Tim Lucas, CEO of Automox. “This move further cements Automox’s position at the forefront of cloud-native ITOps. We have extremely strong relationships with our partner community, including Rapid7, and are excited to broaden that network with our new QBS Group relationship.”

The global expansion marks continued impressive momentum for Automox. Earlier this year, Automox announced the availability of its new Automated Vulnerability Remediation (AVR) solution, synchronized with Rapid7 InsightVM to ingest critical vulnerability data every day, enabling IT Operations teams to automatically remediate vulnerabilities quickly, via patching as well as configuration with Automox Worklets. QBS Group will now have the ability to better serve its global partners and customers with the availability of AVR and Automox’s full suite of ITOps solutions.

About Automox
Automox is the cloud-native IT operations platform for modern organizations. It makes it easy to keep every endpoint automatically configured, patched and secured – anywhere in the world. With the push of a button, IT admins can fix critical vulnerabilities faster, slash cost and complexity, and win back hours in their day. Join thousands of companies transforming IT operations into a strategic business driver with Automox. Learn more at: www.automox.com or follow us on Twitter, LinkedIn, Facebook, or Instagram.

© 2022 Automox Inc. All rights reserved. Automox, Automox Worklet and the Automox logo are registered or unregistered trademarks of Automox Inc. Other trademarks belong to their respective owners.  Automox may use the brands of third parties to identify their products and services.  

Justin Talerico
Automox
(561) 870-5957
press@automox.com

DUBAI, Arab Emirates, July 27, 2022 (GLOBE NEWSWIRE) — SHFT Build Gametech Program hosted its inaugural virtual Demo Day on Tuesday, July 19, 2022, highlighting a select cohort of six startups from across the world that are working in gaming, esports, development tools and more. The event capped a two-month intensive program featuring 33 companies from all around the world, allowing 150+ investors, corporates and government entities to discover some of the most exciting seed and pre-seed Gametech ventures.

Powered by the leading tech investor in the MENAP region, Shorooq Partners, SHFT Build Gametech Program received more than 150 applications from around the world. Top applicants were selected to take part in the virtual program designed with one goal in mind: to help founders succeed and be seed investment ready.

Over eight weeks, 68 founders coming from 14 different countries spent a total of 300 hours with Shorooq Partners’ purposely designed content. Additionally, more than 100 hours were spent on 1:1 coaching and mentoring sessions, enhancing their player acquisition funnels, fundraising and go-to-market strategies, all with the best mentors in the gaming industry and an unrivaled network of corporate partners, investors, and government entities.

“The most successful games today, such as Fortnite, League of Legends, and Minecraft, are communities that retain loyal, long-term users and generate billions of dollars in annual revenue. Games are also driving innovation across the entire consumer ecosystem, pioneering best-in-class mechanisms for user engagement, retention, and monetization. And, long-term, we believe games’ infrastructure and technologies will be key building blocks of the Metaverse,” said Mahmoud Adi, founding partner of Shorooq Partners.

Besides the in-depth knowledge and mentoring, founders participating in the program receive more than $100K of credits in cloud and core publishing support from global industry players. They also get access to exclusive subsidized business licenses and legal setup support from Sharjah Media City – Shams, TwoFour54 and in5.

“Sharjah Media City is committed to position Sharjah as a world-class hub for media and creativity in the region and make creative entrepreneurship more accessible to talented individuals. Gaming and eSports are an important part of this mission – therefore, we were thrilled to join hands with Shorooq Partners on the SHFT Build Gametech program, which brings together highly talented founders with tremendous potential to work through the program and place our region firmly on the global map,” said His Excellency Dr. Khalid Al-Midfa, Chairman, Sharjah Media City, Shams.

With the next cohort set to take place in October 2022, applications are now open for participants to be part of the next program. Interested founders should apply through the dedicated SHFT website: shft.shorooq.com

About Shorooq Partners

Founded in 2017, Shorooq Partners is the leading early-stage venture capital firm investing in the most innovative startups across MENAP. Shorooq Partners has backed market-leading disruptors, some of which include Pure Harvest Smart Farms, Sarwa, NymCard, Lean Technologies, TruKKer, Capiter and Retailo. Shorooq Partners is headquartered in Abu Dhabi and has six offices across the MENAP region.

Shorooq Partners refers to a group of companies that are affiliates of each other and which operate under this business name, of which Shorooq Partners Ltd. (regulated by the ADGM Financial Services Regulatory Authority FSRA Registration No 190004 ) is a member.

Contact Information

SHFT Build Program

Email: shft@shorooq.com

Website: shft.shorooq.com

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Shorooq Partners co-develops SHFT Gametech progams with global and regional partners

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เตเมคูลา แคลิฟอร์เนีย, July 26, 2022 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“กลุ่มบริษัท”) ซึ่งเป็นส่วนหนึ่งของกลุ่มบริษัท Nikkiso Co., Ltd (ประเทศญี่ปุ่น) มีความภาคภูมิใจอย่างยิ่งที่จะแจ้งให้ทราบถึงการขยายขีดความสามารถในการผลิตของทางบริษัทอีกครั้ง การขยายขีดความสามารถนี้แสดงถึงความมุ่งมั่นและการสนับสนุนของลูกค้าก๊าซอุตสาหกรรมและพลังงานสะอาดในประเทศของตน

โรงงานแห่งใหม่ในเมืองฮิวสตัน รัฐเท็กซัส พร้อมแล้วสำหรับการผลิตและจัดส่งเครื่องทำไอระเหยจากอากาศโดยรอบ และนำผลิตภัณฑ์ของตนอีกทั้งการสนับสนุนมาใกล้ชิดกับทางเขตชายฝั่งตะวันออกและตลาดในเม็กซิโกมากขึ้น ซึ่งจะทำให้ช่วงเวลาแล้วเสร็จสั้นลง อีกทั้งยังลดต้นทุนการขนส่งสำหรับตลาดที่กำลังเติบโตเหล่านี้อีกด้วย

Nikkiso Cryoquip Houston ได้มีการเริ่มดำเนินการแล้ว และกำลังเร่งผลิตสายผลิตภัณฑ์เครื่องทำไอระเหยจากอากาศโดยรอบอย่างเต็มรูปแบบ อีกทั้งทางบริษัทก็กำลังจะมีการส่งมอบสินค้าให้กับลูกค้าแล้วด้วยเช่นกัน

“เรารู้สึกตื่นเต้นมากครับ ที่จะสามารถเพิ่มการสนับสนุนในภูมิภาคที่มีความสำคัญนี้ และมอบผลประโยชน์ที่ยอดเยี่ยมหลาย ๆ อย่างให้กับลูกค้าของเรา” Chris Colizzi ประธานของ Nikkiso Cryoquip กล่าว “การขยายขีดความสามารถนี้มอบโครงสร้างสนับสนุนที่แข็งแกร่งให้กับการเติบโตในอนาคตครับ”

การเพิ่มโรงงานในฮิวสตันยังช่วยให้ขยายกำลังการผลิตในเมืองเมอร์เรียตา รัฐแคลิฟอร์เนียของกลุ่มบริษัท เพื่อรองรับฐานลูกค้าที่กำลังเติบโตของทางบริษัททั่วทั้งกลุ่มตลาดก๊าซอุตสาหกรรมและพลังงาน

เกี่ยวกับ CRYOGENIC INDUSTRIES
กลุ่มบริษัท Cryogenic Industries, Inc. (ปัจจุบันเป็นบริษัทในเครือของบริษัท Nikkiso Co., Ltd.) ผลิตและให้บริการอุปกรณ์เชิงวิศวกรรมสำหรับการแยกก๊าซด้วยความเย็นยิ่งยวด (เช่น ปั๊ม เทอร์โบเอกซ์เพนเดอร์ เครื่องแลกเปลี่ยนความร้อน เป็นต้น) และโรงแปรรูปสำหรับก๊าซอุตสาหกรรม (Industrial Gases) ก๊าซธรรมชาติเหลว (Natural Gas Liquefaction) (LNG) กระบวนการผลิตไฮโดรเจนเหลว (Hydrogen Liquefaction) (LH2) และ วัฎจักรแร็งคินสารอินทรีย์เพื่อการนำความร้อนทิ้งกลับมาใช้ใหม่ (Organic Rankine Cycle for Waste Heat Recovery) บริษัท Cryogenic Industries ซึ่งได้ก่อตั้งขึ้นมากว่า 50 ปีนั้นเป็นบริษัทแม่ของบริษัท ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne และ Cryoquip พร้อมทั้งกิจการธุรกิจที่อยู่ภายใต้การดูแลควบคุมจำนวนประมาณ 20 กิจการ

สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.nikkisoCEIG.com และ www.nikkiso.com

สำหรับการติดต่อด้านสื่อ:

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com