CLEARWATER: Tech Data announced John O’Shea has been appointed President of the Americas. O’Shea’s appointment follows Joe Quaglia’s retirement from Tech Data. O’Shea brings nearly 20 years of proven leadership experience at Tech Data, most recently heading the company’s Global Lifecycle Management business unit, which has grown to serve customers around the world as part…
National Tyre & Wheel Limited to acquire TYRES 4U in Australia and New Zealand for $48.8 million
SYDNEY: National Tyre & Wheel Limited has entered into a conditional agreement to acquire the business assets of TYRES 4U (T4U) in Australia and New Zealand, a news release said. The acquisition is expected to be completed on or about 31 July 2020. The consideration payable for these assets is estimated to be $48.8 million,…
Huawei remains focused on 5G advancements in the Middle East
DUBAI: As nations across the Middle East are rapidly leveraging technological advancements to re-ignite growth following the COVID-19 pandemic, Huawei’s regional leadership sees clear opportunities to support local government, societies, and businesses alike. Charles Yang, President of Huawei Middle East, recently explored such opportunities in an open media roundtable hosted virtually across ten countries in…
American Shipbuilding Suppliers Association defends “Buy American” legislation
WASHINGTON: The American Shipbuilding Suppliers Association (ASSA) released a Statement of Policy defending and supporting the work of House Armed Services Committee (HASC) lawmakers who are working to pass legislation that will gradually strengthen existing “Buy American” requirements on the Defense Department’s largest Programs of Record (PoR). The legislation would include language in the 2021…
Saudi Arabia announces a fully integrated Defense Show starting March 2022
RIYADH: The Kingdom of Saudi Arabia’s General Authority for Military Industries (GAMI) announced the launch of ‘World Defense Show’. The show will take center stage in the global defense show circuit, offering exhibitors and visitors the opportunity to participate in Saudi Arabia’s first truly integrated defense show. Founded by GAMI, World Defense Show is focused…
Online channels account for record 28 percent of global smartphone sales in 2020
BOSTON: According to the latest research from Strategy Analytics, online retail channels will account for a record 28 percent share of all smartphones sold worldwide in 2020, soaring from 24 percent in 2019. Coronavirus is having a major impact on the distribution of smartphones, with local quarantines and social distancing forcing consumers to change their…
TransCanna commences construction and roll-out of commercial activities at flagship Daly Facility
VANCOUVER: TransCanna Holdings Inc. announced that with the recent state-wide final license approval, its wholly-owned subsidiary, Lyfted Farms Inc. has begun preparations for the commercial launch of distribution activities at its flagship 196,000 square foot Daly Avenue Facility in Modesto California. The goal of Phase 1 is to focus on expansion and ramp-up of the…
Deer Horn’s partner plans to import COVID-19 test kits into Canada
VANCOUVER: Deer Horn Capital Inc. announcec that its Indigenous partner Cheona Health is preparing to import COVID-19 test kits and other related equipment to Canada to help Indigenous peoples and all Canadians manage the COVID-19 pandemic. Initially, management of Cheona Health is launching discussions with the province of British Columbia to supply accurate, reliable and…
Deutsche Hospitality unveils its new ‘H Rewards’ benefits concept
FRANKFURT: Deutsche Hospitality is presenting its new “H Rewards” loyalty programme. The hotel company will be offering a significantly expanded package of benefits to guests of all of its five brands – Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, IntercityHotel and Zleep Hotels. The bonus scheme takes effect immediately. With “H…
Forise International bags 5 new contracts in India, Russia
SINGAPORE: Forise International Limited, through its subsidiary Prisma Technologies Pte Ltd, has secured five new contracts to provide management consulting services for various projects in India and Russia, adding to its growing order book as businesses increasingly seek out deep-technology applications to streamline their operations. The new contracts are worth US$1.3million (S$1.8million) in total and…
Teledyne to supply image sensors for ESA funded Copernicus Earth Observation Missions
CHELMSFORD: Teledyne e2v, a business unit of Teledyne Technologies Incorporated and part of the Teledyne Imaging Group, has been selected through the grouped proposal of the European Space Agency’s (ESA) industrial policy committee to place six Copernicus Sentinel satellite missions to provide the image sensor technology. The two missions, CHIME and CO2M, funded by ESA,…
Francisco Partners completes sale of Metaswitch Networks to Microsoft
SAN FRANCISCO: Francisco Partners, a leading technology-focused global private equity firm, has completed the sale of Metaswitch Networks Limited to Microsoft, a news release said. Francisco Partners acquired a controlling interest in Metaswitch in 2008 in partnership with Sequoia Capital and the Company’s founding team and employees. Founded in 1981, Metaswitch is a leading developer…