OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed James A. Simms as Chief Financial Officer with effect from 26 April 2021. Mr. Simms is an accomplished executive, with extensive experience with publicly-listed companies across high technology. Since 2008, he has served as Chief Financial Officer and a…
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TECO 2030 launches hybrid/closed loop Future Funnel
LYSAKER: TECO 2030 ASA announced that the TECO 2030 Future Funnel has been further developed and now offers hybrid and closed loop alongside the already existing open loop. As the development is complete, TECO 2030 is proud to launch market-ready hybrid and closed-loop systems with the main purpose of reducing SOx, NOx, and ready for…
Quantum Genomics announces the end of its collaboration with Chinese Pharma Qilu
PARIS: Quantum Genomics announced the end of its collaboration with Chinese Pharma Qilu in the development and the commercialization of firibastat in China. Quantum Genomics is a biopharmaceutical company specializing in developing a new drug class that directly targets the brain to treat difficult-to-treat and resistant hypertension and heart failure. In the frame of their…
Voltalia begins construction of a 32MW battery storage power plant in the UK
PARIS: Voltalia announced the launch of the construction of the Hallen Battery Energy Storage System (BESS), a 32-megawatt /32 megawatt-hour storage power plant located near the city of Bristol in the Avonmouth aera. Hallen BESS will contribute to the stability of the UK’s electricity grid, in a context of an increasing transition to the use…
Arribatec awarded 5 year software contract with major European cruise liner
OSLO: IB (Arribatec Marine Solutions), a subsidiary of Arribatec Solutions ASA, has been awarded a five-year Software-as-a-Service (SaaS) contract with a major European based Cruise Liner for a total of 17 cruise ships. “We´re pleased to announce that our state-of-the-art marine solutions are gaining traction in the market, now selected by one of the largest…
Glamox has signed an agreement to acquire Luminell
OSLO: Glamox, a Norwegian industrial group, has signed an agreement to acquire 100% of the shares in the Norwegian company Luminell Group AS, a news release said. Established in 2010, Luminell has achieved a strong position as a high-quality developer and supplier of floodlights, searchlights, and lighting controls in the marine and offshore lighting market….
ABN AMRO agrees to pay EUR 480 million in anti-money laundering investigation settlement in the Netherlands
AMSTERDAM: ABN AMRO Bank N.V. has accepted a settlement offer from the Dutch Public Prosecution Service (DPPS) in connection with the previously announced investigation by the DPPS into ABN AMRO’s compliance with its obligations under the Dutch Anti-Money Laundering and Counter Terrorism Financing Act (Wet ter voorkoming van witwassen en financiering van terrorisme, AML/CTF Act)…
Korian acquires IPDL
PARIS: Korian, the leading European care services group, has acquired Intensivpflegedienst Lebenswert GmbH (IPDL), a leading German intensive care company currently implanted in southern Germany (Baden-Württemberg and Bavaria). IPDL offers ‘gold standard’ care (as recognised by MDK) through intensive one to one care in the homes of the patients, four community care centres, three of…
SES Signs MoU with Kazakhstan Government to accelerate the Digital Kazakhstan project
PARIS: The Republican Center for Space Communications (RCSC) Kazakhstan and SES have signed a Memorandum of Understanding (MoU) to explore service agreements for satellite-enabled, high-speed connectivity services using SES’s O3b mPOWER communications system in Kazakhstan to accelerate the Digital Kazakhstan project. Under this memorandum of understanding, Republican Center for Space Communications (RCSC) will explore utilising…
Carsten Egeriis appointed CEO of Danske Bank A/S
OSLO: The Board of Directors of Danske Bank A/S has appointed Carsten Egeriis as Chief Executive Officer. He replaces Chris Vogelzang, who has informed the Board that he wishes to resign from his position. This follows a decision by the Dutch authorities to name him a suspect in connection with their investigations of potential violations…
Sikri Holdings acquires Ambita AS in a NOK 950 million deal
OSLO: Sikri Holding AS has entered into a binding agreement with the Norwegian Ministry of Trade, Industry and Fisheries (NFD) regarding the acquisition of Ambita AS. The agreed enterprise value is NOK 950 million per 31 December 2020 (purchase price NOK 962.8 million). NOK 50 million of the purchase price will be settled by a…
Sanofi completes acquisition of Kiadis Pharma
AMSTERDAM: Sanofi has completed the acquisition of Kiadis, a clinical-stage biopharmaceutical company developing next generation ‘off-the-shelf’ NK cell-therapies, a news release said. Kiadis’ proprietary platform is based on allogeneic or ‘off-the-shelf’ NK-cells from a healthy donor. NK-cells seek and identify malignant cancer cells and have broad application across various tumor types. The platform has the…