Irdeto Partners with Bitmovin to Deliver Industry-Leading Secure Low-Latency Streaming with Unmatched User Experience

 AMSTERDAM - Saturday, 14. September 2024 AETOSWire

This joint offering allows operators to benefit from seamless, high-quality streaming, extended device reach, and advanced advertising and security features

(BUSINESS WIRE) -- Irdeto, the global leader in digital video platform experiences and security, and Bitmovin, the industry leader in video software solutions, today announced a strategic partnership to deliver enhanced secure video streaming experiences. This collaboration integrates Bitmovin’s renowned Player and Analytics suite into Irdeto Experience, the award-winning streaming platform trusted by top-tier operators worldwide. Together, they will provide streaming service providers, content owners, and pay-TV operators with cutting-edge solutions that address the critical need for low-latency streaming.

The combination of Irdeto’s expertise in security and Bitmovin’s preeminent player offers a powerful and comprehensive solution. This joint offering allows operators to benefit from smooth, high-resolution streaming and advanced advertising and security features. The collaboration also enables operators to extend device reach by covering a wider range of devices in the Smart TV market. Whether for live sports or premium content, this solution ensures an optimal, secure, and efficient viewer experience.

"We are thrilled to partner with Bitmovin to integrate their best-in-class player and analytics suite with Irdeto Experience. This partnership delivers the ultimate combination of security, scalability, and user experience, enabling our customers to bring their services to market faster and with confidence," said Andrew Bunten, COO of Video Entertainment at Irdeto.

Bitmovin’s Player is known for delivering flawless playback at scale, with compatibility across multiple platforms, including Smart TVs, mobile devices, and web applications. It also features advanced analytics and advertising support, making it an ideal fit for Irdeto’s secure, flexible, and robust streaming ecosystem.

"Irdeto is a trusted leader in digital platform security, and we are excited to join forces to offer our partners a comprehensive, world-class streaming solution that meets their needs for quality, security, and innovation," said Stefan Lederer, CEO and Co-founder of Bitmovin.

Both companies have a strong presence among tier-1 pay-TV operators and streaming service providers globally, and this partnership allows these operators to leverage an integrated, secure solution that enhances user experience and accelerates time to market.

For more information about this partnership and the combined offering, please visit the Irdeto Experience website.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240914563454/en/

Permalink

https://aetoswire.com/en/news/1409202441413

Contacts

media@irdeto.com

 

Intelsat Signs Hybrid Media Deal Distributing Hearst Networks EMEA Content

  (BUSINESS WIRE) -- Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks, successfully launched a hybrid television content distribution service to deliver Hearst Networks EMEA (formerly known as A+E Networks EMEA) channels to hundreds of points across Europe thanks to its seamless satellite-terrestrial connection.

“Growing global media customers like Hearst Networks EMEA want to work with a single operator that can provide seamless connections from satellite to ground-based Internet Protocol distribution networks,” said Rhys Morgan, regional vice president, EMEA, Media and Networks. “Intelsat has visibility across the full distribution network, even when it spans multiple technologies and can enable customers to reach more end users.”

In order to reach a wide group of viewers, content providers typically use multiple distribution mediums such as direct-to-home (DTH), cable and IPTV. Hearst Networks EMEA needed to maximize the reach of its flagship channels, The HISTORY Channel HD and HISTORY2 HD across Pay TV households in Central and Eastern Europe. This included being able to deliver the content in over 18 languages, audio and subtitles, to as large an audience as possible.

Hearst Networks EMEA content is transmitted through Intelsat’s 1West satellite neighborhood. In order to reach additional endpoints across Europe outside the 1West footprint, content is sent through the terrestrial IP network. Combined, this hybrid delivery model enables A+E to reach more than 16.5 million cable, broadcast and DTH homes.

Matt Westrup, Chief Technology Officer, Hearst Networks EMEA commented: “We are delighted to partner with Intelsat to distribute our key pan-regional History and History 2 channels to serve our affiliates and audiences across Europe delivered however they need it.”

Intelsat has recently enhanced its IP distribution portfolio with the addition of IntelsatOne IP. Learn more at our website.

About Intelsat

Intelsat’s global team of professionals is focused on providing seamless and secure, satellite-based communications to government, NGO and commercial customers through the company’s next-generation worldwide network and managed services. Bridging the digital divide by operating one of the world’s largest and most advanced satellite fleet and connectivity infrastructures, Intelsat enables people and their tools to speak over oceans, see across continents and listen through the skies to communicate, cooperate and coexist. Since its founding six decades ago, the company has been synonymous with satellite-industry “firsts” in service to its customers and the planet. Leaning on a legacy of innovation and focusing on addressing a new generation of challenges Intelsat team members now have their sights on the “next firsts” in space as they disrupt the field and lead in the digital transformation of the industry.

About Hearst Networks EMEA

Hearst Networks EMEA, a subsidiary of Hearst, owns and operates premium factual entertainment brands The HISTORY® Channel, Crime + Investigation®, BLAZE®, and COSMO across the UK, Nordics, Benelux, Central and Eastern Europe, the Middle East, Africa, Germany, Italy, and Spain. At Hearst Networks EMEA, we share stories that matter and inspire and entertain viewers with hit franchises (The Curse of Oak Island, The First 48 and History’s Greatest Mysteries), and original commissions (The Hunt for Baltic Gold, Nameless Monsters, and The Royal Kill List). For more information, please visit: hearstnetworks.com.

Follow Us on Social Media:
Twitter/X
LinkedIn
Instagram
YouTube

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240913252999/en/

Permalink
https://aetoswire.com/en/news/1309202441400

Contacts

Melissa Longo - melissa.longo@intelsat.com; +1 240-308-1881

NATO Support and Procurement Agency Contracts SES’s O3b mPOWER for Secure Communications Services

 Under a multi-year contract, the Luxembourg-based satellite operator SES will deliver secure and resilient high-performance connectivity for NATO member governments

(BUSINESS WIRE) -- The NATO Support and Procurement Agency (NSPA) has awarded SES a contract to deliver secure high-performance low-latency satellite services via its medium earth orbit (MEO) constellation, enabling global missions for NATO member government organisations, agencies and military.

The MEO Global Services (MGS) award represents a three-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at USD 200M, with two one-year options. This is the first award under the Global Commercially Contracted Satellite Communications Support Partnership (GCC SATCOM SP) established by the U.S. and Luxembourg under the auspices of NSPA in 2022, opening a new era of space cooperation within NATO.

The MGS will be available to all NATO countries, including the U.S. and Luxembourg which are charter members of the agreement, and can support missions on SES’s global end-to-end commercial managed services network and national sovereign networks that will be deployed soon under this contract for O3b mPOWER services.

The O3b mPOWER system, used for MGS, is the second-generation MEO constellation, featuring extensive global ground infrastructure and open architecture. The system allows for groundbreaking levels of interoperability, flexibility and government control, to include the capability to provide secure communications and networking solutions for tactical units.

Yuriko Backes, Luxembourg’s Minister of Defence: “Luxembourg has developed a significant satcom expertise, and we are happy to leverage it to the benefit of NATO and partners. In line with the Luxembourg Defence Space Strategy and through SES’s innovative O3b mPOWER constellation, we help transform government operations and enable cooperative projects while allowing for sovereign government communications networks. Once again, Luxembourg Defence succeeds to consolidate its role of reliable reference partner in the field of space.”

“This is a revolutionary step that accelerates governments’ access to the latest satellite technology. It demonstrates that collaboration across industry and governments and the adoption of dual-use technology are important elements of effective global defence and security,” said Stacy Cummings, NSPA General Manager. “As new nations join the GCC SATCOM SP, they will also be able to leverage MGS, which simultaneously supports secure sovereign networks and enables coalition operations among allies when required.”

“The NSPA contract vehicle accelerates government access to secure high-performance satcom innovation,” said Adel Al-Saleh, CEO of SES. “We developed O3b mPOWER with the governments’ mission critical connectivity needs in mind and have also been working closely with the NATO nations, to make sure that they get the necessary performance, reliability, security and control from day one. It is our privilege to start delivering this new service to the governments, including the United States and Luxembourg.”

Read NSPA’s release here

Follow us on:

Twitter | Facebook | YouTube | LinkedIn | Instagram

Read our Blogs >
Visit the Media Gallery >

About SES

SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous orbit fleet and medium earth orbit (GEO-MEO) constellation of satellites, offering a combination of global coverage and high performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240910404747/en/

Permalink
https://aetoswire.com/en/news/1309202441399

Contacts

Suzanne Ong
Communications, SES
Tel. +352 710 725 500
suzanne.ong@ses.com

Valkey Emerges as Leading Open Source Alternative to Redis After Relicensing Row

 

New report from Percona Reveals 83% of Enterprises Have Already Adopted, or are Actively Testing, Valkey

(BUSINESS WIRE)--Percona, a global leader in enterprise-grade open source database software and services, today announced the release of a new research report, “Key Value Stores: Adoption Trends Through a Valkey Lens.” The report reveals a number of industry-first insights into customer sentiment regarding Redis’s decision to revoke the open source status of its popular key-value data store software — forcing its extensive customer base into an unplanned revamp of their business operations. The report also gauges how this decision has affected customers’ awareness of, interest in, and adoption of Redis alternatives—most notably, the Linux-Foundation-led, open source Valkey Project.

Redis has been the dominant key-value store, deployed by 67% of study respondents. Earlier this year, Redis formally announced its intent to abandon the open source, three-clause Berkeley Software Distribution (BSD) license in favor of much more restrictive, “source available” licenses. This move away from unrestricted and no-cost use of the Redis software places a heavy financial burden on organizations with a large Redis database footprint. The new study by Percona examines how companies of all sizes are reacting to the change.

The reclassification of the Redis licensing imposes a significant dilemma on executive leaders: start paying licensing fees for the use of software that was long-promised to be free and unrestricted; or commit to a transformation of database operations away from the industry standard key-value store to alternative options. This debacle for enterprise leadership emerges during a time of broader discussion over the role of open source software, especially in the high-stakes realm of model development for traditional and generative AI.

Key Findings and Takeaways

Over 70% of respondents with Redis deployments said that the shift in Redis’ licensing has motivated them to seek alternatives. And although there are several options already available in the marketplace—including DragonflyDB, KeyDB, and Skytable—it appears that the most likely usurper of Redis’s former market dominance is Valkey. Announced in March of 2024, the Valkey Project is a Redis fork being developed with the expressed aim of providing Redis users ongoing access to an open source alternative to the popular, in-memory, key-value store. The study finds a significant majority of Redis users surveyed (75%) are either testing, considering, or have already adopted Valkey.

While the open source status of Redis alternatives is a driver for organizations seeking cost-free options, interest in the Valkey Project may also be attributable to its impressive roster of supporting organizations. In addition to being led by The Linux Foundation, Valkey has received endorsements and commitments from such major industry players as Amazon Web Services (AWS), Google Cloud, Oracle, Ericsson, and Percona. As a result, awareness of Valkey has grown dramatically since its inception, with over 63% of respondents saying they have been aware of the project since its debut earlier this year.

When analyzing the interest and adoption of Valkey based on enterprise size, a clear trend emerged. While companies of all sizes have embraced or are investigating a transition to Valkey, organizations with larger data footprints were significantly more likely than their smaller counterparts to have already begun the shift: 83% of large enterprises have adopted or are actively exploring Valkey. More modestly sized companies are following suit, albeit to a lesser degree: 70% of mid-market players and 77% of small businesses have also switched to Valkey or are considering doing so.

The study also finds that operational support is a critical consideration when adopting open source projects like Valkey. More than three-quarters (76%) of organizations plan to rely on third-party enterprise support, underscoring the importance of robust support infrastructure for the success of open source alternatives in production environments.

Lessons Learned and What’s Ahead for Valkey

The licensing landscape is complex, with a nearly infinite variety of licenses available, each of which falls in a unique location along the continuum of open source and proprietary distribution models. Redis is not the first company to be accused of practicing a “bait and switch,” wherein software vendors either actively mislead or are intentionally opaque about their long-term goals, plans, and intentions for their company and open source projects, but it is the latest to revoke its commitment to the public.

“We don’t take issue with any organization that chooses to distribute its software using proprietary licenses,” said Ann Schlemmer, CEO at open source champion Percona. “However, the Redis problem isn’t open source versus proprietary; it’s a matter of transparency versus deception. If the Redis and Valkey saga teaches young tech entrepreneurs anything, I hope they remember that transparency, honesty, and consistency are invaluable to your customers. So, tread wisely and make openness a virtue, irrespective of whether that includes open source licensing.”

This sentiment is also taken very seriously by the Linux Foundation, which has already explicitly articulated plans for the project and how it will be distributed in perpetuity.

“To continue improving on this important technology and allow for unfettered distribution of the project, the community created Valkey, an open source, high-performance key-value store,” the Foundation wrote in its formal announcement of the project. “Valkey supports the Linux, macOS, OpenBSD, NetBSD, and FreeBSD platforms… At The Linux Foundation, Valkey will follow an open governance model, remaining community-driven and welcoming of all users and contributors. The project has already assembled a technical leadership committee of several former Redis contributors, and hundreds more community members have voiced their intent to support Valkey.”

For a closer look at the complete report, please visit Percona here.

To learn more about Valkey, please visit the project on GitHub.

About Percona

Percona is a world-class open source database software, support, and services company. The organization is dedicated to helping businesses ensure their databases — and the applications that depend on them — are secure, compliant, performant, and highly available. Through a unique combination of database expertise and enterprise-grade open source software, Percona empowers organizations with the freedom to choose, the freedom to create, and the freedom to innovate with speed as they grow. For more information, visit www.percona.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912258232/en/

Permalink

https://aetoswire.com/en/news/20240912258232r1

Contacts

 

Jacob Manchester

Scratch Marketing + Media for Percona

jacob@scratchmm.com

401-636-7757

SCF Acquires Newpark Fluids Systems

HOUSTON - Saturday, 14. September 2024

(BUSINESS WIRE) -- SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure to enhance the efficiency and productivity of our customers’ performance.

Newpark Fluid Systems’ CEO, David Paterson, commented, “We are thrilled to partner with SCF. This new partnership will be a source of enormous value creation for both our customers and the entire Newpark Fluids Systems team. Our global strategic growth plan will now accelerate under a new and focused board with significant energy experience and commitment. SCF’s unsurpassed track record of success in the global energy services industry provides exciting opportunities as we look to the future.”

Deviyani Misra-Godwin, Director at SCF Partners, stated, “For over 25 years, Newpark Fluids Systems has maintained a leading position in the drilling and completions fluids space worldwide, improving customer performance by providing industry-leading service quality. Newpark Fluid Systems’ global footprint, top quartile safety performance, leading portfolio of technology and preeminent position in the growing geothermal space will accelerate success in the evolving energy landscape. Together with the leadership team, we look forward to creating tremendous value for our customers and employees in this next chapter of growth.”

Vinson & Elkins LLP acted as legal advisor to SCF in the transaction.

About Newpark Fluids Systems

Newpark Fluids Systems provides drilling and completion fluids products and related technical services to customers for oil, natural gas, and geothermal projects primarily in North America, Europe, the Middle East and Africa, as well as certain countries in Asia Pacific. NFS utilizes a fluids-focused and global reach, local knowledge approach to improve efficiency & productivity of customer operations globally. For more information, please visit www.newpark.com.

About SCF Partners

Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies and made more than 400 additional acquisitions to develop 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen and Australia. For more information, please visit www.scfpartners.com.

About Newpark Resources

Newpark Resources, Inc. is a site access solutions company that manufactures, sells, and rents industry-leading sustainable composite matting products, along with a full suite of services, including planning, logistics, and remediation. Additional information can be found at www.newpark.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240913427560/en/

Permalink

https://www.aetoswire.com/en/news/1409202441411

Contacts

Paul Bateman

pbateman@scfpartners.com

Cloudera Unveils New Suite of Accelerators for Machine Learning Projects (AMPs)

 

Cloudera’s latest innovations accelerate enterprise AI use cases and significantly reduce deployment time

New AMPs will be on display during EVOLVE24 in Dubai September 12

Cloudera, the only true hybrid platform for data, analytics and AI, today announced several new Accelerators for ML Projects (AMPs), designed to reduce time-to-value for enterprise AI use cases. The new additions focus on providing enterprises with cutting-edge AI techniques and examples within Cloudera that can assist AI integration and drive more impactful results.

 

AMPs are end-to-end machine learning (ML) based projects that can be deployed with a single-click directly from the Cloudera platform.  Each AMP encapsulates industry-leading practices for tackling complex ML challenges with workflows that facilitate seamless transitions, no matter where enterprises are running examples or deploying data. 

 

With its collection of AMPs, Cloudera is committed to making AI more accessible so businesses can accelerate adoption and maximize the value of both their own data and the generated AI outputs. The latest AMPs and updates include:

 

• Fine-Tuning Studio - Provides users with an all-encompassing application and “ecosystem” for managing, fine tuning, and evaluating LLMs.
• RAG with Knowledge Graph - A demonstration of how to power a RAG (retrieval augmented generation) application with a knowledge graph to capture relationships and context not easily accessible by vector stores alone.
• PromptBrew - Offers AI-powered assistance to create high-performing and reliable prompts via a simple user interface.
• Chat with Your Documents - Building upon the previous LLM Chatbot Augmented with Enterprise Data AMP, this accelerator enhances the responses of the LLM using context from an internal knowledge base created from the documents uploaded by the user.

 

In addition to accelerating AI projects, Cloudera AMPs are fully open source and include deployment instructions for any environment, serving as further testament of Cloudera’s commitment to the open source community.

 

“While almost every business is experimenting with Generative AI, the technology is still so new that there are very few best practices for enterprises,” said The Futurum Group’s Chief Technology Advisor, Steven Dickens. “As a result, it’s common practice for data scientists and AI engineers to build on existing examples when starting new AI projects. However, there are many drawbacks with this approach, including added security and legal risks. AMPs remove this ambiguity by providing fully built, end-to-end solutions that give data scientists a ready-to-go MVP for various AI use cases that are proven to be effective and able to quickly drive value.”

 

“In today’s environment, enterprises are constrained with time and resources to get AI projects off the ground,” said Dipto Chakravarty, Chief Product Officer at Cloudera. “Our AMPs are catalysts to fast-track AI projects from concept to reality with pre-built solutions and working examples, ensuring that use cases are dependable and cost effective, while reducing development time. This enables enterprises to swiftly experience the productivity gains and efficiencies that come from AI initiatives.”

 

Cloudera will be showcasing these updates during Cloudera’s EVOLVE24 Dubai event - one of the industry’s premier Data and AI conferences - taking place September 12 at the Museum of the Future. Attendees can speak to experts onsite about strategies to enhance productivity in the era of Generative AI, while gaining valuable insights from visionary speakers, and data and AI experts.

Click here to  learn more about how Cloudera’s AMPs can accelerate your AI use cases.

 

About Cloudera

Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what seemed  impossible—today and in the future.

To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Permalink

https://aetoswire.com/en/news/1309202441402

Contacts

Melwyn Abraham

melwyn@matrixdubai.com

Cloudera Launches Private Link Network for Secure, Internet-Free Cloud Connectivity

 Dubai, United Arab Emirates 

New updates address growing data demands for industries with stringent compliance requirements

Cloudera, the only true hybrid platform for data, analytics and AI, today launched the Cloudera Private Link Network to address critical data security and privacy concerns for highly regulated organizations with strict internal data security policies. Cloudera Private Link Network provides secure, private connectivity from customer workloads to the Cloudera Control Plane, ensuring that data does not traverse the public Internet.

 

Organizations in industries such as finance, healthcare, and pharmaceuticals often face privacy challenges because providers often cannot guarantee that traffic between tenants, even within the same cloud, will not traverse the Internet and risk data exposure. Cloudera Private Link Network helps to solve these challenges by providing a unified, cross-cloud private connectivity service, enabling enterprises to securely manage data-intensive workloads across multiple cloud environments through a single, specialized network.

 

Cloudera Private Link Network integrates across major cloud providers by utilizing existing cloud provider services like AWS PrivateLink and Azure Private Link and other network infrastructure such as multi-cloud connectivity. This setup extends secure data transfer across multiple cloud environments, to enable consistent security and streamlined management. Customers can efficiently self-serve and provision services using the Cloudera Command Line Interface.

 

“Cloudera Private Link Network is purpose-built and managed by Cloudera to address enterprise privacy and connectivity concerns. By offloading the management of Private Link Network to Cloudera, it will both lower TCO for your organization and free up valuable resources, allowing you to focus on strategic business initiatives,” said Dipto Chakravarty, Chief Product Officer at Cloudera. “By managing  data integrity and trustworthiness throughout the architecture, we help enterprises safeguard sensitive customer data.”

 

“As organizations move to cross-cloud deployments, they expect to drastically reduce the complexity of multi-platform configurations to a point that they should only have to specify private link network endpoints between their control plane and the data planes,” said industry analyst, Sanjeev Mohan. “Private Link Network helps enterprises protect their data more effectively and easily leverage disparate clouds to reduce total cost of ownership. This advancement further establishes Cloudera as a leader in providing secure, cross-cloud connectivity for metadata management.”

 

Cloudera Private Link Network will be on display at Cloudera EVOLVE Dubai, taking place September 12, 2024, at the Museum of the Future. Attendees will see the power of Cloudera Private Link Network firsthand and gain insights into the real-world experiences of leading-edge companies from around the globe.

 

For more information on how Cloudera Private Link Network addresses the growing need for secure, private data connectivity across increasingly complex multi-cloud environments, visit our recent blog.

 

About Cloudera

 

Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what once seemed impossible—today and in the future.

 

To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Permalink

https://www.aetoswire.com/en/news/1309202441404

Contacts

Melwyn Abraham - melwyn@matrixdubai.com

MicroVention Rebrands to Terumo Neuro – Reflects Expanded Focus and Strategic Growth

 (BUSINESS WIRE) -- MicroVention, Inc., a global leader in neurovascular innovation and a wholly owned subsidiary of Terumo Corporation, today announced its official rebranding to Terumo Neuro, effective immediately. This name change signifies a new chapter in the company’s evolution while maintaining its unwavering commitment to the creation and commercialization of groundbreaking innovations in neurovascular care.

Founded in 1997 and acquired by Terumo Corporation in 2006, MicroVention has been at the forefront of developing technologies that support neurovascular surgeons in preserving and restoring brain health. As Terumo Neuro, the company is poised to continue its legacy of innovation with an enhanced focus on driving impactful growth and leveraging Terumo’s global resources and reputation.

Carsten Schroeder, President and CEO of Terumo Neuro, commented on the rebranding: "This transformation reflects our growth as a company and Terumo's confidence in our future. For eighteen years, we have maintained independent branding as MicroVention, and now, as Terumo Neuro, we’re combining the best of MicroVention with the full strength and support of the Terumo family. Our culture, speed of innovation, focus on game-changing technologies, and close collaboration with physicians will remain unchanged."

He continued, "What will evolve is a deeper partnership with Terumo, a new visual brand, and a more defined brand identity under our new name and slogan, ‘Terumo Neuro: Game-changing Impact.’ Our strategy is expanding beyond our core focus on hemorrhagic and ischemic stroke and access solutions to encompass the neurovascular patient care continuum."

As Terumo Neuro, the company will continue its close collaboration with leading physicians worldwide, translating clinical insights into technologies that enhance patient outcomes. Schroeder emphasized that the company’s DNA remains rooted in innovation for ischemic stroke, hemorrhagic stroke, and access, while expanding into broader areas of neurovascular care.

About Terumo Neuro (Formerly MicroVention, Inc.)

We are in business to create and deliver Game-changing Impact™—innovations that redefine what is possible in neuroendovascular treatment to meaningfully advance both physician practice and patient outcomes. Founded in 1997 as MicroVention and acquired by Terumo Corporation in 2006, Terumo Neuro offers more than thirty products for the treatment of cerebral aneurysms, ischemic stroke, carotid artery disease, and neurovascular malformations. Headquartered in California, Terumo Neuro products are sold in more than seventy countries through a direct sales organization as well as strategic distribution partnerships. Manufacturing facilities are in Aliso Viejo, California, and San José, Costa Rica. For more information on Terumo Neuro, please visit www.terumoneuro.com.

About Terumo Corporation

Terumo (TSE:4543) is a global leader in medical technology and has been committed to "Contributing to Society through Healthcare" for one hundred years. Based in Tokyo and operating globally, Terumo employs more than 30,000 associates worldwide to provide innovative medical solutions in more than 160 countries and regions. The company started as a Japanese thermometer manufacturer and has been supporting healthcare ever since. Now, its extensive business portfolio ranges from vascular intervention and cardio-surgical solutions, blood transfusion and cell therapy technology, to medical products essential for daily clinical practice. Terumo will further strive to be of value to patients, medical professionals, and society at large.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912077658/en/

Permalink

https://www.aetoswire.com/en/news/1309202441387

Contacts

Media Contact:

Christine McCullough

Global Corporate Communications

Terumo Neuro

+ 1 714 206 9800

christine.mccullough@microvention.com

Brightcove Unveils the ‘Brightcove AI Suite’ with Solutions to Supercharge Content Creation, Engagement and Revenue

 

BOSTON - 

The new AI suite is integrated into Brightcove’s award-winning video cloud platform to deliver customer ROI through expanded content creation, deeper engagement, increased revenue, and enhanced cost-to-quality efficiency

The Brightcove AI Suite leverages Generative AI models from Anthropic, AWS, and Google

(BUSINESS WIRE) -- Brightcove (NASDAQ: BCOV), the world’s most trusted streaming technology company, today announced the introduction of the Brightcove AI Suite, a multi-faceted product launch designed to shape the future of video and engagement technology. The new AI-powered capabilities, developed in collaboration with customers, will address their growth-driving and cost-saving needs, including content creation, audience growth and engagement, increased revenue, and improved business efficiency.

“Generative AI is transforming how companies create content and how users engage, and we believe it will drive a boom in video content and its consumption. To enable our customers to take full advantage of these next-generation creation and engagement capabilities, we are enhancing our platform with a suite of AI-driven solutions to deliver on these opportunities,” said Marc DeBevoise, CEO of Brightcove. “By listening to our customers and analyzing their businesses and use cases, we built the Brightcove AI Suite to address their needs, especially in key focus areas, including maximizing content utilization, driving engagement, growing revenue, and solving the cost-to-quality equation.”

Building on 20 years at the forefront of video technology and engagement, the Brightcove AI Suite will integrate seamlessly into Brightcove’s two-time Emmy Award-winning video cloud platform and customer experiences so companies can optimize and accelerate their video content strategy and processes, all within the platform. The Brightcove AI Suite will launch with five new AI-powered solutions: AI Content Multiplier, AI Universal Translator, AI Metadata Optimizer, AI Engagement Maximizer, and AI Cost-to-Quality Optimizer. Each solution is available to existing customers to pilot, with general availability planned for later this year. These solutions will help customers create and optimize content, grow engagement and monetization, and reduce the costs of creating, managing, and delivering content without sacrificing quality.

As part of this initiative, Brightcove is strengthening its platform by using models from industry leaders like Anthropic, AWS, and Google to deliver excellence and speed of innovation by adding the power of their Generative AI models to Brightcove’s solutions. Additionally, Brightcove is integrating AI solutions from other partners, including CaptionHub and Frammer.

The Brightcove AI Suite will initially focus on solutions in four key areas that Brightcove customers shared as their most significant priorities and business needs. The solutions within these areas are designed to accelerate customers’ engagement and video AI capabilities across industries and use cases. The four priority areas are:

Content Creation: These generative solutions will help customers breathe new life into existing content libraries by enabling the creation of more videos quickly and easily to engage audiences. Solutions within this area include the AI Content Multiplier, which uses Gen AI to automate time-consuming tasks within the platform through actions like reformatting horizontal to vertical content, auto-clipping, auto-summarization, and creating highlight reels from longer content, and the AI Universal Translator, which will allow companies to deliver accurate translations across 130 languages with the ability to fine-tune, plus dubbing in over 80 languages and hundreds of voices with the ability to edit pronunciations and timing.

Content Management and Optimization: These solutions will help customers accelerate workflows and significantly simplify managing content libraries. This includes turning content libraries into a foundational data layer and optimizing those libraries for large language models (LLMs) to improve discoverability and engagement. As part of this effort, Brightcove is launching an AI Metadata Optimizer, which will generate descriptions and automatically transform content into searchable and AI-optimizable data sets to help make it more discoverable and monetizable. This solution will minimize the task of sorting through hundreds of hours of content by hand and adding necessary descriptors and tags.

Content Engagement and Monetization: These solutions are designed to help customers seeking to exceed their growth and revenue goals by finding the best ways to maximize their content's engagement and revenue. As part of this, the Brightcove AI Engagement Maximizer will deliver new capabilities like AI-powered automated video interactivity, personalization, and recommendations to deeply engage audiences and build loyalty. Brightcove is also working on an industry-transforming AI Revenue Maximizer solution that will optimize ad placements and durations to automatically maximize revenue without impacting viewer satisfaction.

Quality and Efficiency: These solutions will help customers manage costs without compromising quality. With Brightcove’s AI Cost-to-Quality Optimizer, companies can drive down the cost of encoding, storage, and content delivery without sacrificing the viewer experience. The solution will continuously optimize content ingestion and delivery by using a combination of Brightcove’s Emmy Award-winning Context Aware Encoding (CAE) technology, market-leading delivery engine, and Quality of Experience (QoE) insights benchmarks. These will work in tandem to manage costs automatically for a company based on their choice of quality levels.

The Brightcove AI Suite is a collaborative, customer-focused initiative being tested with more than a dozen customers, including Management Leadership for Tomorrow (MLT), Major League Fishing, Italiaonline, and OneValley. For a limited time, the company is expanding its AI pilot program to all customers at no additional cost.

“As a trusted partner to more than 2,000 global customers, we are also launching the Brightcove AI Pledge: a commitment to securely handling customer data with transparency and responsibility,” said Scott Levine, Chief Product Officer at Brightcove. “Part of our differentiation will be our ability to advance Generative AI securely, protecting our customers' most valuable assets, including transparent guiding principles to protect customer data and content integrity. We will only use data and content to train our AI models with explicit permission from our customers so they can decide their level of inclusion and security.”

Brightcove is committed to building the world’s smartest, fastest, and most reliable automated engagement platform, anchored in video, to revolutionize how customers engage and grow their audience, increase revenue, and improve business efficiency. The Brightcove AI Suite will continue to launch new capabilities in the near and long term based on customer feedback and use.

For more information about becoming a pilot customer, visit Brightcove.com.

About Brightcove Inc.

Brightcove creates the world’s most reliable, scalable, and secure streaming technology solutions to build a greater connection between companies and their audiences, no matter where they are or on which devices they consume content. In more than 60 countries, Brightcove’s intelligent video platform enables businesses to sell to customers more effectively, media leaders to stream and monetize content more reliably, and every organization to communicate with team members more powerfully. With two Technology and Engineering Emmy® Awards for innovation, uptime that consistently leads the industry, and unmatched scalability, we continuously push the boundaries of what video can do. Follow Brightcove on LinkedIn, X, Facebook, Instagram, Threads, and YouTube. Visit Brightcove.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912834356/en/

Permalink

https://www.aetoswire.com/en/news/1209202441381

Contacts

MEDIA CONTACT

Joseph J. Nuñez

Director of Global Communications and Public Relations

jnunez@brightcove.com

 

Eaton Expands Commercial Vehicle Transmission Portfolio Across the Powertrain Spectrum

 HANOVER, Germany - Thursday, 12. September 2024

(BUSINESS WIRE)--Intelligent power management company Eaton today announced it will be displaying a number of transmissions for both traditional and electrified commercial vehicles at IAA Transportation, September 17–22, in Hanover, Germany.

New automated manual transmissions for internal combustion-powered buses and trucks

Introduced earlier this year to the Brazilian market, the new Advantor™ series of automated manual transmissions (AMTs) are designed for commercial vehicles with internal combustion engines (ICEs). Advantor AMTs leverage Eaton’s long history of innovation and reliability in automated transmission technology.

“The Advantor series has many product features that bus and truck manufactures globally will find attractive, particularly in emerging markets such as South America and Asia-Pacific regions,” said Marcos Janasi, business unit director, Commercial Powertrain, Eaton’s Mobility Group. “Our new transmission series is designed to deliver significant fuel efficiency and enhanced performance across a variety of vehicle duty cycles, and to provide reliability and ease of service.”

Several versions of the Advantor AMT will be available in the next 24 months, including the Advantor-6, which was developed for the light-duty truck and bus segment; the Advantor-8, which targets the medium-duty bus market; and other versions to meet the needs of the broader commercial truck market. The Advantor series leverages common components to reduce complexity, improve serviceability, and to deliver a better driving experience.

Central drive transmission solutions for electrified vehicles

Eaton will also showcase its central drive transmission solutions, which are designed to be compatible with any electric motor/inverter/battery system and to be used in central drive applications, where the electric motor and transmission are in the traditional location in the vehicle. Eaton’s medium- and heavy-duty versions of its 4-speed EV automated transmission deliver superior performance on grades and acceleration for electric commercial vehicles while offering more flexible gear ratios compared to competitive technologies. The compact architecture is designed to improve system efficiency, enabling longer vehicle range and battery life.

Eaton’s heavy-duty 4-speed transmission was recently recognized as a 2024 Automotive News PACEpilot Innovation to Watch and is currently in production.

Ultra-compact EV transmission provides increase torque, payload

Rounding out the portfolio is Eaton’s innovative ultra-compact ​4-speed EV transmission, which offers a substantial increase in torque density,​ unlocking increased payload​, extended range, more packaging availability for batteries​, and flexible configurations.

Learn more about Eaton’s commercial vehicle transmissions or visit Hall 21, Booth B22 at IAA Transportation 2024.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace, and mobility markets. We are guided by our commitment to do business right, to operate sustainably, and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912318482/en/

Permalink

https://www.aetoswire.com/en/news/1209202441374

Contacts

Thomas Nellenbach

(216) 333-2876 (cell)

thomasjnellenbach@eaton.com

 

Neuraptive Therapeutics Receives FDA Breakthrough Therapy Designation for NTX-001 and Provides Update on the Advancements of NTX-001 for the Treatment of Peripheral Nerve Injury Requiring Repair

  CHESTERBROOK, Pa. - Thursday, 12. September 2024 AETOSWire 

– Breakthrough Therapy designation for NTX-001 granted by FDA

– Preparation is underway for the Phase 3 program to begin in early 2025

(BUSINESS WIRE) -- Neuraptive Therapeutics, Inc. today announced that NTX-001 has been granted Breakthrough Therapy Designation, thus providing the potential for accelerated development for patients with peripheral nerve injury requiring repair. This designation follows the results from the Phase 2 NEUROFUSE study and several interactions with the FDA. NTX-001 has the potential to be a groundbreaking therapy in the field of nerve repair.

Neuraptive is preparing to launch a Phase 3 pivotal program for NTX-001 in early 2025. The program will consist of a single randomized, double-blind, placebo-controlled study assessing the efficacy and safety of NTX-001 in patients with peripheral nerve injury requiring repair. The final protocol for this single Phase 3 study is currently being discussed with the FDA. This follows the promising results from the Phase 2 NEUROFUSE study after 24 weeks. Neuraptive anticipates the full results, including all 48 weeks of data, to be available in the coming weeks and will look to share the results at an upcoming scientific conference.

“The FDA’s Breakthrough Therapy designation for NTX-001 is a major step forward in our mission to provide an innovative treatment for patients suffering from peripheral nerve injuries requiring repair,” said Evan L. Tzanis, COO and EVP of R&D at Neuraptive Therapeutics. “We are eager to continue working closely with the FDA to ensure NTX-001 reaches patients as quickly as possible and to deliver a transformative therapy in the field of nerve repair. We are grateful to the patients, investigators, and our partners who have remained committed to advancing NTX-001.”

With the continued advancement of NTX-001, Neuraptive Therapeutics, Inc., remains at the forefront of developing novel solutions for a significant number of patients affected by peripheral nerve injuries globally.

About Neuraptive Therapeutics, Inc.

Neuraptive Therapeutics, Inc. is dedicated to the innovation and development of medical products and therapeutics to repair and regenerate peripheral nerves. The company is focused on addressing the unmet medical needs of patients and physicians dealing with the complex challenges of nerve injuries.

Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements subject to various risks and uncertainties. Actual results could materially differ from those anticipated in the forward-looking statements due to various factors. Neuraptive Therapeutics, Inc. disclaims any obligation to update the information contained in these forward-looking statements.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240911372663/en/

Permalink

https://www.aetoswire.com/en/news/1209202441362

Contacts

For more information about the NEUROFUSE Study or to inquire about Neuraptive Therapeutics, Inc.:

IR@neuraptive.com

+1-484-787-3203

 

Merck Unveils New MAVENCLAD® Four-Year Data Highlighting Benefits of Early Treatment and Sustained Efficacy Across Multiple Measures of Disease Activity

 DARMSTADT, Germany 

Phase IV studies demonstrate the consistent safety and high efficacy of MAVENCLAD on NEDA-3, MRI and cognition outcomes over four years

New data on blood and CSF biomarkers show the impact of MAVENCLAD to promote immune cell reconstitution, while clinical data confirmed 93.7% of patients free from PIRA

MAVENCLAD has now treated more than 100,000 patients globally, underscoring its trusted efficacy and safety profile

(BUSINESS WIRE) -- Not intended for UK-, US- or Canada-based media

Merck, a leading science and technology company, today announced presentations showcasing the long-term safety profile, sustained efficacy data, and durable effect of MAVENCLAD® (cladribine tablets) in individuals with relapsing multiple sclerosis (RMS). Among 34 total MAVENCLAD presentations are data from several MAGNIFY-MS sub-studies demonstrating the impact of MAVENCLAD on disability progression, central inflammation, and an oral presentation on immune reconstitution effects. These data, along with six other company abstracts, will be presented at the 40th Congress of the European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS) taking place September 18-20 in Copenhagen.

“The efficacy of MAVENCLAD has long been established through traditional endpoints from our original pivotal trials and beyond. Now, with additional measures of the impact on neuroinflammation and progression, we can reaffirm and further solidify its long-term efficacy position within the MS treatment landscape,” said Alexander Kulla, Senior Vice President & Medical Unit Head Neurology & Immunology at Merck. “MAVENCLAD continues to demonstrate its consistent safety profile with sustained benefits, impacting the lives of more than 100,000 people living with MS."

Results from the MAGNIFY-MS extension, a Phase IV study evaluating patients (n=219) on MAVENCLAD with highly active RMS, confirmed 79.2% of patients achieved no evidence of disease activity (NEDA-3) during Year 4 of the treatment. The annualized relapse rate (ARR) remained low overall (0.09) and was further reduced (0.06) in treatment-naïve patients over four years. Similarly, the CLARIFY-MS extension showed the sustained benefits in MAVENCLAD-treated patients (n=280) on cognition, in addition to MRI outcomes and relapses, four years after the initial treatment dose. Specific to cognition, 77.5% of patients had improved or stable scores at four years, based on the 8-point cut-off of the Symbol Digit Modalities Test (SDMT). In both studies, safety data aligned with the established profile from clinical trials.

Two-year data from a MAGNIFY-MS sub-study found patients with highly active RMS treated with MAVENCLAD had low overall disability accrual, including low rates of progression independent of relapse activity (PIRA). At two years, rates for all disability measures were low overall with 93.7% of patients free from PIRA. The reduction of PIRA is especially notable in treatment-naïve patients (3.4% vs 8.5% in treatment-experienced patients), emphasizing the benefits of early treatment initiation with MAVENCLAD. Overall, these data suggest that MAVENCLAD is likely to preserve the physical abilities and prevent relapses in individuals with RMS, supporting the sustained efficacy and durable effect of MAVENCLAD.

Building on prior data, which showed MAVENCLAD reduces or eliminates oligoclonal bands in the cerebrospinal fluid (CSF), new two-year data demonstrate reductions in gene expression and protein levels of markers associated with inflammation, including pro-inflammatory cytokines, providing insights into the potential multifaceted effect of MAVENCLAD in the peripheral blood and CSF. This data suggests that immune reconstitution following treatment with cladribine tablets may shift the immune system to a less pathogenic state. Analyses of CSF proteomics and T and B cell transcriptomics further substantiate the clinical findings, suggesting the potential of MAVENCLAD to reduce disease activity and progression in RMS patients.

To view our 40 accepted abstracts and posters to be presented from across our MS portfolio at ECTRIMS, including innovative analyses of MAVENCLAD using artificial intelligence, please visit the Programme.

About MAVENCLAD®

MAVENCLAD, approved by the U.S. Food and Drug Administration (FDA) on March 29, 2019, is the first and only short-course oral therapy for the treatment of adults with relapsing-remitting disease (RRMS) and active secondary progressive disease (SPMS). Because of its safety profile, use of MAVENCLAD is generally recommended for patients who have had an inadequate response to, or are unable to tolerate, an alternate drug indicated for the treatment of multiple sclerosis (MS), and MAVENCLAD is not recommended for use in patients with clinically isolated syndrome (CIS). Patients should follow healthcare provider instructions including cancer screening, contraception and blood tests. The approved dose of MAVENCLAD is 3.5 mg per kg body weight over two years, administered as one treatment course of 1.75 mg per kg per year, each consisting of two treatment weeks. The mechanism by which cladribine exerts its therapeutic effects in patients with multiple sclerosis has not been fully elucidated but is thought to involve cytotoxic effects on B and T lymphocytes through impairment of DNA synthesis, resulting in depletion of lymphocytes. MAVENCLAD causes a dose-dependent reduction in lymphocyte counts followed by recovery.

Because cladribine is cytotoxic, special handling and disposal instructions should be followed.

More than 100,000 patients have been treated with MAVENCLAD since its launch in 2019. MAVENCLAD has been approved in over 80 countries, including the European Union (EU), Canada, Australia and Switzerland, for various relapsing MS indications. Visit www.MAVENCLAD.com for more information.

About Multiple Sclerosis

Multiple sclerosis (MS) is a chronic, inflammatory condition of the central nervous system and is the most common non-traumatic, disabling neurological disease in young adults. It is estimated that approximately 2.8 million people have MS worldwide. While symptoms can vary, the most common symptoms of MS include blurred vision, numbness or tingling in the limbs and problems with strength and coordination. The relapsing forms of MS are the most common.

Merck in Neurology and Immunology

Merck has a long-standing legacy in neurology and immunology, with significant R&D and commercial experience in multiple sclerosis (MS). The company’s current MS portfolio includes two products for the treatment of relapsing MS – Rebif® (interferon beta-1a) and MAVENCLAD® (cladribine tablets). Merck aims to improve the lives of patients by addressing areas of unmet medical needs. In addition to Merck’s commitment to MS, the company also has a pipeline focusing on discovering new therapies that have potential in other neuroinflammatory and immune-mediated diseases, including systemic lupus erythematosus (SLE), cutaneous lupus erythematosus (CLE) and generalized myasthenia gravis (gMG).

About Merck

Merck, a leading science and technology company, operates across life science, healthcare and electronics. Around 63,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2023, Merck generated sales of €21 billion in 65 countries.

Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.

All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912822668/en/

Permalink

https://www.aetoswire.com/en/news/1209202441377

Contacts

Media Relations

Flavia.felix@emdserono.com

Phone: +1 781 427 1892

International Real Estate Group Rebrands as Accumin to Empower Better Property Decisions

 MADRID - Thursday, 12. September 2024 

Asertia, the international real estate group behind market leaders Tinsa and Deyde DataCentric (Spain and Latin America); Persch Consult and on-geo (Germany); and Troostwijk (Netherlands), among others, unites its companies under a new group name: Accumin.

This strategic move brings together more than 1,500 employees from more than 20 companies in 14 countries, across 3 continents with a commitment to help their clients make the right Real Estate decisions.

Accumin offers global independent expertise combined with innovative software solutions and actionable intelligence that will help its clients and their customers See Value Clearly.

 

(BUSINESS WIRE) -- Asertia, owned by international private equity firm Cinven, has announced plans to reorganise and define more clearly its diverse range of products and services around the globe under a new brand – Accumin.

As one of the world’s largest and most trusted real estate advisory companies with more than 40 years of experience, Accumin has one clear purpose: to empower people and businesses to grow by making the right Real Estate decisions and See Value Clearly. As part of redefining the group, Asertia combines its collective products and services under three core verticals to bring greater clarity on the group’s capabilities: Value & Advisory, Intelligence & Software, and Risk Management. In addition to the three verticals, there will also be a new division called Home, which will primarily focus on bringing greater clarity and efficiency to help consumers make better real estate decisions as buyers, sellers and owners of real estate.

“Value is everywhere if you know how to look. In a world that is increasingly uncertain, our aim is to bring precision, clarity and innovation, and build trust with our clients, identifying opportunities and risks that might otherwise go unnoticed. This is an exciting phase of our present and future evolution as a combined group that demonstrates our overall capabilities in independent expertise and innovative intelligence and software solutions. Our purpose is to help our clients and their customers see value clearly, building upon our reputation as a company that clients can trust to provide them quality and independent, unbiased advice,” said James Cornell, Global CEO of Accumin.

To strengthen the company’s strategic global vision, Accumin has named experts to lead its newly defined structure:

Maarten de Hass has recently joined as the Global Head of Value & Advisory. Maarten has significant international Real Estate experience in multinational companies and brings with him years of working in consulting firms such as MVGM, Cushman, Deloitte and EY.

Manuel Hurtado also recently joined as the Global Head of Intelligence. Coming from the strategy and technology consulting firm McKinsey, Manuel has been a key leader in their data and Gen AI area and has more than a decade of international experience in data strategy, digital transformation and analytics.

Johan Drost, current CEO of Troostwijk Group, a subsidiary of Accumin, has been appointed Global Head of Risk Management. Here Johan combines his background within banking and insurance to help build on Troostwijk’s vast products and services from risk inspection to Real estate loss assessing and valuation for insurance purposes.

Jose Rivera, current Group Head of Digital will lead the transversal, and newly created consumer-focused division and become Global Head of Accumin Home.

“Our strength and our value lie in our integration of independent diverse perspectives from various countries, sectors, and disciplines, which gives us a global vision backed by local expertise, strengthening our ability to cut through complexity, providing value and clarity to our business customers and to the end consumer,” adds Cornell. “By amplifying our human perspective with intelligence and software, we give clients greater control and confidence over Real Estate related decisions, which is what will be key to helping our clients and their customers see value clearly.”

Today’s repositioning of the group under the global brand of Accumin is the beginning of a wider unification in how the company presents itself, working together whilst respecting regulation to preserve independence and data protection between its subsidiaries. While the company envisions most of its companies to ultimately rebrand as Accumin, most subsidiaries will first pass through a transition period in which they will be endorsed “by Accumin” to respect the powerful reputation that the individual companies have built in their local markets.

As the group unites as one, Accumin transforms into an ecosystem of local and global expertise, harnessing the power of the diversity of its talent supported by intelligence and software, true to its name: the combination of knowledge, or acumen, and accuracy or precision, which are central to the value proposition the company offers for clients.

About Accumin

Accumin is one of the world’s largest and most trusted independent real estate groups, offering diverse, global expertise in a powerful and innovative portfolio of tech-enabled solutions for real estate and property management backed by decades of experience. With innovative and complementary solutions for Value & Advisory, Intelligence & Software, and Risk Management, and an approach based on precision, independence and clarity, Accumin aims to help corporate clients and end consumers navigate uncertainty and make the right decisions.

With more than 1,500 employees in 14 countries across Europe, Latin America and Africa, and deep technical and local knowledge, Accumin has a clear commitment: to cut through complexity and help clients See Value Clearly.

Learn more about Accumin at www.accumin.com.

About Cinven

Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and Technology, Media and Telecommunications (TMT). Cinven has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912996582/en/

Permalink

https://aetoswire.com/en/news/1209202441369

Contacts

Accumin Global Communications

communications@accumin.com

 

International Real Estate Group Rebrands as Accumin to Empower Better Property Decisions

 MADRID - Thursday, 12. September 2024 

Asertia, the international real estate group behind market leaders Tinsa and Deyde DataCentric (Spain and Latin America); Persch Consult and on-geo (Germany); and Troostwijk (Netherlands), among others, unites its companies under a new group name: Accumin.

This strategic move brings together more than 1,500 employees from more than 20 companies in 14 countries, across 3 continents with a commitment to help their clients make the right Real Estate decisions.

Accumin offers global independent expertise combined with innovative software solutions and actionable intelligence that will help its clients and their customers See Value Clearly.

 

(BUSINESS WIRE) -- Asertia, owned by international private equity firm Cinven, has announced plans to reorganise and define more clearly its diverse range of products and services around the globe under a new brand – Accumin.

As one of the world’s largest and most trusted real estate advisory companies with more than 40 years of experience, Accumin has one clear purpose: to empower people and businesses to grow by making the right Real Estate decisions and See Value Clearly. As part of redefining the group, Asertia combines its collective products and services under three core verticals to bring greater clarity on the group’s capabilities: Value & Advisory, Intelligence & Software, and Risk Management. In addition to the three verticals, there will also be a new division called Home, which will primarily focus on bringing greater clarity and efficiency to help consumers make better real estate decisions as buyers, sellers and owners of real estate.

“Value is everywhere if you know how to look. In a world that is increasingly uncertain, our aim is to bring precision, clarity and innovation, and build trust with our clients, identifying opportunities and risks that might otherwise go unnoticed. This is an exciting phase of our present and future evolution as a combined group that demonstrates our overall capabilities in independent expertise and innovative intelligence and software solutions. Our purpose is to help our clients and their customers see value clearly, building upon our reputation as a company that clients can trust to provide them quality and independent, unbiased advice,” said James Cornell, Global CEO of Accumin.

To strengthen the company’s strategic global vision, Accumin has named experts to lead its newly defined structure:

Maarten de Hass has recently joined as the Global Head of Value & Advisory. Maarten has significant international Real Estate experience in multinational companies and brings with him years of working in consulting firms such as MVGM, Cushman, Deloitte and EY.

Manuel Hurtado also recently joined as the Global Head of Intelligence. Coming from the strategy and technology consulting firm McKinsey, Manuel has been a key leader in their data and Gen AI area and has more than a decade of international experience in data strategy, digital transformation and analytics.

Johan Drost, current CEO of Troostwijk Group, a subsidiary of Accumin, has been appointed Global Head of Risk Management. Here Johan combines his background within banking and insurance to help build on Troostwijk’s vast products and services from risk inspection to Real estate loss assessing and valuation for insurance purposes.

Jose Rivera, current Group Head of Digital will lead the transversal, and newly created consumer-focused division and become Global Head of Accumin Home.

“Our strength and our value lie in our integration of independent diverse perspectives from various countries, sectors, and disciplines, which gives us a global vision backed by local expertise, strengthening our ability to cut through complexity, providing value and clarity to our business customers and to the end consumer,” adds Cornell. “By amplifying our human perspective with intelligence and software, we give clients greater control and confidence over Real Estate related decisions, which is what will be key to helping our clients and their customers see value clearly.”

Today’s repositioning of the group under the global brand of Accumin is the beginning of a wider unification in how the company presents itself, working together whilst respecting regulation to preserve independence and data protection between its subsidiaries. While the company envisions most of its companies to ultimately rebrand as Accumin, most subsidiaries will first pass through a transition period in which they will be endorsed “by Accumin” to respect the powerful reputation that the individual companies have built in their local markets.

As the group unites as one, Accumin transforms into an ecosystem of local and global expertise, harnessing the power of the diversity of its talent supported by intelligence and software, true to its name: the combination of knowledge, or acumen, and accuracy or precision, which are central to the value proposition the company offers for clients.

About Accumin

Accumin is one of the world’s largest and most trusted independent real estate groups, offering diverse, global expertise in a powerful and innovative portfolio of tech-enabled solutions for real estate and property management backed by decades of experience. With innovative and complementary solutions for Value & Advisory, Intelligence & Software, and Risk Management, and an approach based on precision, independence and clarity, Accumin aims to help corporate clients and end consumers navigate uncertainty and make the right decisions.

With more than 1,500 employees in 14 countries across Europe, Latin America and Africa, and deep technical and local knowledge, Accumin has a clear commitment: to cut through complexity and help clients See Value Clearly.

Learn more about Accumin at www.accumin.com.

About Cinven

Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and Technology, Media and Telecommunications (TMT). Cinven has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912996582/en/

Permalink

https://aetoswire.com/en/news/1209202441369

Contacts

Accumin Global Communications

communications@accumin.com