Tag Archives: JVN

PR Newswire

Foot Locker, Inc. Selects Adyen to Power In-Store and Online Payments Internationally

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AMSTERDAM, Oct. 6, 2020 — Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Foot Locker, Inc., the New York-based specialty athletic retailer, to power payments in various markets and sales channels globally. Foot Locker and Adyen have been working together since 2018.

"Adyen’s single platform and global reach allow Foot Locker to provide an exemplary payment experience that’s tailored to the needs of our customers in various markets across North America, Europe, and APAC," said John Wompey, VP of Customer Connectivity at Foot Locker. "Adyen’s ability to accelerate and simplify the implementation process has been critical to our continued success in these markets."

"As always, we aim to give our merchants the ability to give their customers the best experience and we are thrilled to continue to grow the relationship with Foot Locker and help them do so," said Kamran Zaki, COO at Adyen. "Foot Locker is in a unique position to bring the best of athletic footwear and appeal to more customers globally and we are proud to partner with them."

For more information, visit www.adyen.com.

About Adyen
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L’Oréal. The cooperation with Foot Locker, Inc. as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.

About Foot Locker Inc.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point, and Sidestep.  With 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company’s purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community.  Foot Locker, Inc. has its corporate headquarters in New York.  For additional information please visit www.footlocker-inc.com.

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PR Newswire

ReneSola Power and Vodasun to Form Joint Venture to Develop Solar Projects in Germany

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STAMFORD, Conn., Sept. 28, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, and Vodasun, a Munich, Germany-based project developer specialized in the development and construction of solar parks, today announced that they entered into a strategic partnership agreement to co-develop and market ready-to-build (RTB) ground-mounted solar projects in Germany. 

As part of the agreement, ReneSola Power and Vodasun will create a 50/50 joint venture company with a starting project portfolio of 50 to 100 MW. The JV intends to develop these projects, as well as develop an additional 50 to 100 MW of new projects per year.

Mr. Josef Kastner, CEO of ReneSola European Region, commented, "From a strategic perspective, the combined strengths and reputations of both companies will provide new opportunities to enable further expansion into Germany. The JV will benefit both companies by building a more robust project portfolio while leveraging our know-how and experience in project development. Additionally, we believe the JV will produce cost synergies to enhance profitability as we navigate the challenging macro environment."

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, added, "We are excited about this strategic partnership with Vodasun, and look forward to working with their team to expand our reach into Germany. We believe this is a meaningful step for us to achieve our global pipeline growth target in the next several quarters and beyond."

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

About Vodasun

Since 2009, Vodasun plans, builds and operates turnkey photovoltaic systems throughout Germany. The range of services extends from single-family homes to complex large-scale projects with installed capacities in the megawatt range. The Vodasun Group is divided into three companies: Vodasun Akquise und Vertriebs GmbH develops and sells PV projects to private and institutional investors, Vodasun Construction is as EPC company responsible for the turnkey construction and Vodastrom subsequently takes over the commercial and technical management of the plants. The best engineering and the use of high quality components ensure the yield and longevity of the projects.

Related Links :

http://www.renesolapower.com

PR Newswire

iPoint enters strategic partnership with Toyota Tsusho Systems

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Sustainable market presence for iPoint’s software in Japan

REUTLINGEN, Germany, Sept. 22, 2020 — iPoint-systems, a leading provider of software and services for environmental and social product compliance, and sustainability, today announced a new partnership with the well-established Japanese IT trading company Toyota Tsusho Systems (TTS). With this partnership, iPoint further expands its presence in the Japanese market. In addition to three long-standing, strong partners in Japan, NTT Data Global Services (formerly NTT DATA Enterprise Application Services), MSC Software Japan and JEMAI, iPoint can now also benefit from the TTS network in the Japanese automotive industry to drive the transition towards a Digital Circular Economy.

The strategic partnership between iPoint and TTS draws upon the strengths of each partner and offers mutual benefits. While the partnership will open new market segments and strengthen iPoint’s position and brand recognition in Japan market, TTS can enhance its wide range of software offerings with iPoint’s leading cross-industry solutions for material compliance, sustainability, and the circular economy. With a large network in Japan and ten locations worldwide, TTS is an associated company of Toyota Tsusho, the trading arm of the Toyota Group developing and providing IT solutions to advance digital transformation around the world.

"The automotive industry is said to be undergoing a once-in-a-century revolution. In this sector, technological innovations such as big data, artificial intelligence, and blockchain are accelerating the digital transformation and changing society and industrial structures in unprecedented ways," says Mitsuhiro Tsubakimoto, CEO of TTS. "We are a technology group that creates proactive IT. For this reason, we are excited to expand our product offerings in the field of compliance and sustainability through iPoint’s state of the art software solutions."

"iPoint is thrilled to be working with such a well-established partner experienced in introducing innovative IT solutions to the Japanese market," states Joerg Walden, founder and CEO of iPoint-systems. "When it comes to compliance and sustainability, the Japanese economy, especially the automotive industry, has enormous growth potential. As one of the largest markets globally, Japan’s expanding commitment to become sustainable, together with TTS’s expertise, strong network, and on-site capabilities, is a powerful combination which allows us to flexibly respond to the growing demand for our solutions in Japan and drive the revenue of our Japanese and overall business over the coming years," Walden adds. "iPoint will collaborate with TTS not only in Japan, but also in the global market, as together we share and can reach our global clientele in diversified industries."

Press contact:

Dr. Katie Boehme
Head of Corporate Communications & Sustainability
iPoint-systems gmbh
+49.7121.14489-60
circular@ipoint-systems.de

About iPoint

iPoint is a leading provider of software and services for environmental and social product compliance, process compliance, and sustainability with a customer base of more than 55,000 companies. Since its founding in 2001, iPoint has been constantly expanding its portfolio to realize its vision of building an integrated digital platform for the Circular Economy. Further information: www.ipoint-systems.com.

About TTS

Toyota Tsusho Systems Corporation, a member of the Toyota Tsusho Group and is established in 1994, constitutes a team of professionals in the field of ICT. By TTS’s philosophy of living and prospering together with people, society and the planet, TTS accurately identify and provide the services and solutions that customers need, and thereby contribute to the success of their businesses. Further information: www.ttsystems.com.

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http://www.ipoint-systems.com

PR Newswire

Pharmalutions And Movilitas.Cloud Deliver Serialization Solutions for the Asia-Pacific Region

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Partnership Provides Greater Access to End-To-End Serialization and Track & Trace Solutions

COLUMBIA, Md., Sept. 11, 2020 — Movilitas announced Pharmalutions Pte Ltd as its newest Movilitas.Cloud partner for the Asia-Pacific region. Under the partnership, Pharmalutions provides greater access to compliance-ready solutions with Movilitas.Cloud, a GAMP 5 validated software as a service solution (SaaS), and their all-European-made Serialization & Aggregation technologies dedicated to the pharmaceutical industry in the region. Their comprehensive portfolio enables companies to comply with global regulations while improving operational efficiencies to deliver safer pharmaceuticals to patients.

Several countries in the Asia-Pacific region, such as Indonesia, Thailand and Malaysia, have already established or announced the introduction of serialization regulations for medicines. As track & trace regulations further spread and evolve, this partnership ensures that safer products reach consumers. It makes compliance for life science manufacturers simple, offering a holistic solution connecting the serialization equipment on the shop floor with an out-of-box level 3-5 track & trace solution that is configurable for the specific needs of different participants in the supply chain.

"We have been involved in product-serialization and aggregation since 2004," said Tilman Joerss, Founder and Director of Pharmalutions. "This is 15 years ahead of the EU-FMD deadline [February 2019], and it provided us with a valuable long-term perspective of the regulatory landscape and its evolutionary nature. Today, this broad experience serves our customers well in dealing with much faster approaching deadlines while safeguarding their long-run investments into product-traceability. Rapid deployment of future-proof technology. That is the key and why Movilitas.Cloud is a perfect match."

To learn more about the Movilitas.Cloud solution, please visit: https://www.movilitas.com/solutions/movilitas-cloud/

About Pharmalutions Pte LTD

Founded in 2010 in Singapore, Pharmalutions Pte Ltd is a specialist for multi-regulatory Track & Trace (T&T) based on product-serialization, with a distinct focus on pharmaceutical compliance. Pharmalutions evolved from Regional System Integrator to become a private-label in 2019. Today, Pharmalutions is an officially recognised GS1 Singapore Solution-Partner (SSP). A 10-years-history powers Pharmalutions with a unique long-term perspective on global T&T. Its deeply rooted network stretches from Europe to Asia-Pacific, across industries.

For more information, visit Pharmalutions.net or LinkedIn

About Movilitas

Movilitas is a technology leader delivering the next generation of solutions and consulting services across multiple industries to advance smart supply chain ecosystems. We are recognized as a trusted SAP partner for digital supply chain transformation. We help businesses realize new growth opportunities, adapt to today’s on-demand economy and maintain compliance. Through services, such as Movilitas.Cloud, or extensions and accelerators for SAP solutions, our clients unlock data to realize greater efficiencies and new revenue streams. For more information, visit movilitas.com, or LinkedIn, Twitter or Xing.

CONTACT: marketing@movilitas.com

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PR Newswire

Crypto.com Pay Now Powers CRO Payments From Any ERC-20 Wallet

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Enables merchants to expand reach to 30 million + crypto wallets

HONG KONG, Aug. 29, 2020 — Crypto.com today announced that Crypto.com Pay — the company’s payment solution for online merchants — will now support CRO payments from any ERC-20 wallet. This evolution of Crypto.com Pay will help merchants expand their reach by giving customers more wallet options to spend CRO and increase transaction volume.

 

Crypto.com Pay Now Powers CRO Payments From Any ERC-20 Wallet.
Crypto.com Pay Now Powers CRO Payments From Any ERC-20 Wallet.

 

There are an estimated 30 million+ ERC-20 wallets in use throughout the global crypto industry, representing a massive market for merchants seeking to attract crypto users. Today’s enhancement of Crypto.com Pay allows merchants to drive broad acceptance of payments from all ERC-20 wallets.

Kris Marszalek, Co-founder and CEO of Crypto.com said: "This marks an important milestone in CRO utility and a major step towards widespread adoption of CRO. Now, any user with an ERC-20 wallet can transact with Crypto.com Pay merchants. Those merchants will benefit from a large customer base using 30M+ ERC-20 wallets, regardless of which wallet customers choose to use."

Benoît Pellevoizin, VP of Marketing at Ledger, said: "As one of the most prominent crypto industry players. It is Ledger’s duty to stimulate crypto adoption for all comers. At Ledger we are convinced crypto mass adoption will be brought by new services enabling regular digital usage such as ecommerce payments. Ledger is very glad to partner with Crypto.com by supporting CRO tokens on Ledger Live. From now on, Ledger’s users will be able to pay in CRO ERC-20 tokens with Ledger Live on ecommerce websites supporting this new Crypto.com Pay feature."

Alen Salamun, CTO of BC Vault, said: "This is what blockchain is all about in the first place! It is always nice to see a company as Crypto.com provide more and more real-world use cases for their token (CRO). Since BC Vault hardware crypto wallet supports all ERC-20 tokens in existence with the launch on Crypto.com Pay system now BC Vault users are able to pay directly from within the BC Vault desktop application to any merchant supporting Crypto.com Pay on-chain payment. Our valued customers will also be able to pay for their BC Vault hardware crypto wallet in our online store using any existing ERC-20 wallet holding CRO tokens. Now you can even buy BC Vault with BC Vault!"

Steve Hipwell, Co-Founder and COO of Travala.com, said: "We are the world’s largest blockchain-based online travel company, which means it’s critical that we offer Travala.com users flexible payment options in crypto. By accepting CRO payment from any ERC-20 wallet, Crypto.com Pay opens up crypto payments to millions more wallets, making it easier to pay for bookings and bringing us one step closer to widespread crypto adoption."

Since launching in 2018, Crypto.com Pay has helped merchants such as Ledger, Coinzilla, as well as platforms such as WooCommerce and Oveit tap into the global cryptocurrency economy and accept crypto on their website. Crypto.com Pay features zero transaction fees and only 0.5% for settlements – an 80% saving on fees compared to typical payment processors – with low volatility and easy integration for merchants. Merchants interested in offering Crypto.com Pay to their customers can sign up here.

For users, all payments made in CRO are entitled to CRO cashback, known as Pay Rewards, which are collected in the user’s Crypto.com App. Until Sept 30th, 2020, customers paying with wallets other than Crypto.com App can also enjoy the 2X Pay Rewards privilege enjoyed by App users with 10,000 CRO staked in Exchange or with an active 3 Months Earn term, which is up to 10% of Pay Rewards. If the email provided by the customer does not belong to a Crypto.com App account, the Pay Rewards can still be able to be collected if the someone uses that email to sign up at Crypto.com App and verified within 90 days.

More details about Pay Rewards can be found here. For more details, please visit our FAQ page here (for merchants) and here (for retail customers).

About Crypto.com

Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com serves over 3 million customers today, providing them with a powerful alternative to traditional financial services through the Crypto.com App, the Crypto.com Card and the Crypto.com Exchange.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 500+ strong team. Find out more by visiting https://crypto.com

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PR Newswire

Zuper and Zendesk Collaborate to Help Organizations Transform Customer Service Experience

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SEATTLE, July 21, 2020 — Zuper, a platform for intelligent workforce management, today announced its integration with Zendesk Inc. (NYSE: ZEN). This integration will enable organizations to better align their customer support and field service teams to provide the best possible customer experience. Zuper is already working with thousands of customers worldwide and has handled over Two million work orders.

As a Zendesk Technology Alliances Partner, the Zuper Workforce Management Solution is now available in the Zendesk marketplace. Zuper has built the world’s most comprehensive field service management platform which helps organizations to provide exceptional Customer Experience. Zuper integration with Zendesk empowers the customer support agent to directly schedule, dispatch and allocate the ticket to a mobile workforce to improve productivity, efficiency and offer the best experience to the customers.

“Zuper for Zendesk is a great solution for organizations looking to seamlessly connect their customer support and field service teams,” said Jerome Agnola, Director of Technology Alliances at Zendesk. “Zuper’s simple and scalable remote workforce management platform helps automate many complex tasks such as creating a service dispatch directly from a Zendesk ticket, or publishing status of a work order into Zendesk.”

“Service businesses are working diligently to keep pace with customer expectations that have changed dramatically during the COVID pandemic. One of the most critical challenges is to ensure that support and service teams are tightly aligned. This integration enables organizations to leverage Zuper and Zendesk in a customized fashion that is optimal for business success,” said Anand Subbaraj, CEO of Zuper Inc. “Our partnership with Zendesk is an important milestone to empower global organizations to provide the best customer experience.”

Zuper’s AI-powered, intelligent workforce management platform helps service organizations manage, modernize and transform the field and remote workforce. The enterprises and midsized businesses using Zuper across thousands of employees have benefited from significant operational advantages including a 50% increase in workforce utilization, 35% reduction in service turnaround time, 45% increase in customer adoption and profitability, and 30% reduction in costs.

About Zuper

Zuper enables organizations with field service teams to better organize and provide the best possible customer experience through its intelligent workforce management platform. The company’s white-label application allows businesses to efficiently manage their operations and workforces from anywhere and dispatch the right person with the right information at the right time. The company also helps organizations maintain COVID-19 compliance and create a safe environment for employees, customers, and the community through its ZuperCCPack. Founded in 2016, Zuper Inc is headquartered in Seattle and has offices in India and the Middle East. For more information, please visit https://zuper.co/.

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PR Newswire

Unbxd collaborates with Peak Activity to offer headless commerce implementation for eCommerce businesses

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SAN MATEO, California, July 20, 2020 — Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solution today announced its partnership with Peak Activity, a technology, and marketing consultancy that partners with enterprises to “Dream, Deliver, & Elevate” their digital results by creating eCommerce platforms that achieve long term and scalable growth through game-changing technology. This is pertinent in today’s economy where more businesses are headed the eCommerce way.

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“At PeakActivity, we help online retailers create digital experiences that are fast to stand up, fast to load, and deliver personalized customer journeys.  With the power of Unbxd, we are able to assist shoppers in navigating these websites quickly and connect them to the products they are most likely to buy,” says Manish Hirapara, CEO at Peak Activity.

Unbxd with its AI-powered relevance, robust and reliable APIs on a cloud-based platform helps Peak Activity to enhance the on-site shopper experience and boost conversions for its customers. Unbxd adds a layer of data sciences and analytics for customers of Peak Activity to drive useful insights and make informed business decisions.

“With our partnership with Peak Activity, we are enabling faster go to market for all online retailers looking to optimize shopping interactions that enable product discovery,” says Pavan Sondur, CEO, Unbxd. He adds, “Our product offering has not only made retailers see more engagement with the shoppers along the buying journey but has also made Peak Activity maximize returns for their customers through headless commerce implementation.”

About Peak Activity:
PeakActivity partners with enterprises to elevate their digital results by creating eCommerce platforms and digital marketing experiences that help grow their business. It delivers innovation, emerging technology, and mobile solutions to the enterprises headed the eCommerce way. Peak Activity’s capabilities span a wide range of sectors and industries, including hospitality, manufacturing, retail, biotechnology, real estate, and finance.

About Unbxd:
Unbxd is an AI-powered eCommerce search solution that understands shoppers’ intent and connects them to the products they are most likely to buy — across site search, browse, and recommendation purchase journeys. Unbxd powers search for more than 1300+ eCommerce sites across 40+ countries. The Unbxd product discovery solution is custom-built to be deployed across verticals such as Fashion, Healthcare, Pharma, Autoparts, Home Decor, B2B, and Mass Merchants. For more information, please visit unbxd.com or follow them on LinkedIn.

CONTACT: media@unbxd.com

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PR Newswire

VectraCor and GS GmbH (Corpuls) Form Licensing Agreement to Incorporate VectraCor’s 22-Lead ECG and CEB® (Cardiac Electrical Biomarker) Technology in Corpuls Defibrillators

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Both Companies Committed to Bringing the Best Cardiac Care to the Healthcare Workers and Patients that Need It

TOTOWA, New Jersey, July 17, 2020 — GS Elektromedizinische Geraete G. Stemple GmbH, marketing defibrillators under the corpuls brand, and VectraCor Inc., announced today that they have concluded a licensing agreement allowing corpuls to incorporate VectraCor’s cloud-based version of VectraCor’s derived 22-Lead ECG and CEB® (Cardiac Electrical Biomarker) technology into corpuls devices. This will help corpuls’ customers obtain a faster ECG and even more clinically important cardiac data while helping their patients in the most urgent medical situations. VectraCor currently has this technology integrated into their VectraplexECG System, used mainly in Emergency Departments, Urgent Cares and Doctor’s Offices. The VectraplexECG System has approval in the United States (FDA), Europe (CE Mark), Taiwan and Australia and is patented worldwide.

Dr. Christian Klimmer, CEO of corpuls said, “In 1991 corpuls was the first medical device company in the field of multi-parameter / defibrillators introducing the 12-lead ECG to the market. A little revolution back then, standard worldwide as of today. With the introduction of the 22-lead ECG and the CEB® together with VectraCor we will again set the new standard in diagnosing cardiovascular disease, in particular in EMS. We deeply believe that our customers are very interested in more advanced diagnostics regarding acute coronary syndromes especially if this doesn’t come with the price of more time on scene. This will hopefully enable a higher diagnostic accuracy, earlier treatment and an easier choice of the most appropriate hospital where the patient is transported to. For the receiving hospital to know exactly what to expect we have created the possibility to send all 22-Leads as well as the CEB® ahead as a pdf or, in even more detail as part of our corpuls.misson Telemedicine solution.” 

Brad S. Schreck, President & CEO of VectraCor Inc. said, “We are very excited about this partnership with corpuls and to begin to license our patented technology so it can get into the hands of more of the brave life-saving medical professionals that need it. The corpuls product line is used widely and highly respected throughout the world, so naturally, we feel like they are an ideal partner to showcase our technology. We are also very pleased that corpuls sees the important clinical benefit of deriving a full 22-lead ECG which gives the provider more clinically relevant views of the heart, right-sided, posterior, and vectorcardiogram which can have isolated issues when the 12-Lead ECG looks ‘normal’. The reduced electrode placement also saves money and patient prep-time along with helping avoiding potential electrode misplacement.” 

Schreck continued, “Our ECG technology may now help healthcare workers more quickly detect cardiac disease in real-time and non-invasively, in the form of VectraCor’s easy-to-read, color-coded, CEB® number. This could lead to a potentially faster treatment to save heart muscle and lives. After many years of published studies and presentations from prestigious institutions at medical congresses around the world such as ESC, ACC, ACEP, etc., which validated the clinical effectiveness of our technology, we are ready to take the company and healthcare to the next level. This will include licensing the CEB® and derivation technology and putting it into various multi-parameter monitors and other cardiac devices like stress tests, Holter/event monitors, mobile consumer devices and telemedicine platforms.”

On the strategic aspect of the partnership, Schreck said, “The defibrillator and EMS market has always been of major interest to us after VectraCor won the Top EMS Innovation Award at EMS World Expo a few years back. So partnering with corpuls, a major player in that market, fits right into our strategy and vision.” He added, “This is only the beginning in our fight against the number one disease state, and killer, in the world, cardiovascular disease.”  

About GS Elektromedizinische Geraete G. Stemple GmbH 
For close to 40 years, GS Elektromedizinische Geraete G. Stemple GmbH, a successful international family business, has been developing innovative medical devices for the emergency and intensive care medicine and manufacturers. Worldwide professional emergency services rely on the corpuls’ brand of robust and reliable medical products. For more information, visit www.corpuls.world  info@corpuls.com  +49 8191 657220 

About VectraCor Inc.
VectraCor is a medical device company based in Totowa, NJ focused in the cardio-pulmonary space. Their patented technologies, the CEB® (Cardiac Electrical Biomarker), and a derived 22-lead ECG technology using only 5 electrodes (V2 & limbs), has the potential to be the new standard of care in ECGs and cardiac monitoring worldwide.  VectraCor also produces a portable Orbit™ spirometer (lung function test) that is used widely by everyone from General Practitioners to Respiratory Therapists worldwide. For more information please visit VectraCor at www.VectraCor.com  Info@Vectracor.com  1.973.904.0444 ext. 2

Related Files

VectraCor Corpuls Press Release 7 14 2020 FINAL.pdf

Related Links :

http://www.VectraCor.com

PR Newswire

Veoneer and Volvo Cars Finalize Split of Software Joint Venture Zenuity

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STOCKHOLM, July 2, 2020 — The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and systems team with around 200 software engineers joining the Company.

On April 2, Veoneer and Volvo Cars announced a preliminary agreement to split the software joint venture Zenuity in order for each company to more effectively drive their respective strategies.  The parties entered into definitive agreements on July 1.  As part of the split, Veoneer received IP licenses and added around 200 software engineers, located in Germany, the US and Sweden, which strengthens its software and systems team focused on the development and commercialization of advanced driver assistance system (ADAS) software for collaborative driving.

As announced earlier, Veoneer expects to achieve annual savings of around $30 – $40 million as a result of the split. As part of the transaction, Veoneer receives cash of around $15 million.

“During the next decade, more than 90% of our available market will be for advanced driver assistance systems and collaborative driving. I would like to give a warm welcome to the talented people that are now joining us, they will be key contributors in our pursuit for leadership in the growing ADAS market”, says Jan Carlson, Chairman, President & CEO, of Veoneer.
 

For more information please contact:
Thomas Jonsson, EVP Communications & IR, tel +46 (0)8 527-762-27
Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537
 

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,600 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).
 

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-and-volvo-cars-finalize-split-of-software-joint-venture-zenuity,c3146864

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PR Newswire

KPMG and Planon Extend Cooperation to Support Organisations in the Digitalisation of Lease-, Real Estate- and Portfolio Management Processes

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NIJMEGEN and AMSTELVEEN, Netherlands, June 26, 2020 — KPMG and Planon today announced moving their collaboration to the next level, by signing a partnership agreement. Over the past two years the parties have been successfully working together on helping companies to comply with IFRS 16 standards by implementing Planon’s Lease Accounting solution across Europe.

Thanks to this partnership organisations can achieve a stronger ‘end-to-end transformation’ from lease accounting towards strategic portfolio management. The combination of Planon’s innovative software solutions with KPMG’s extensive knowledge around process optimisation and performance improvements creates synergy. It will enable building owners and users to plan and execute a smart portfolio management strategy, using innovative technologies managed from a single-source-of-truth.

Gerben de Roest, Partner at KPMG Enterprise Solutions, said, ‘I am very happy that we have found a global software provider that helps building owners and occupiers to streamline business processes for buildings, people and workplaces and that puts innovation first. I am looking forward to continuing our successful collaboration by helping our mutual and new clients to get the most value out of their Planon investments, by providing value added expertise and controlled implementation of Planon solutions and related technology.’

Sander Grunewald, Partner at KPMG Real Estate Advisory, added, ‘The extended cooperation in a partnership between Planon and KPMG emphasises our global firm’s focus to support corporate organisations with optimising and digitising their real estate portfolios and further align real estate within its key business strategy. Many of our corporate clients are looking to embrace the opportunities that technology brings. We aim to support them in gaining the full potential from digital and innovative technology. Planon is one of the established technology providers in this domain that can fulfill a bridging role to connect the technology solutions and bring additional value to the corporate clients.

About Planon

With over 35 years of experience, Planon is the leading global provider of innovative software, proven best practices and professional services that help building owners and occupiers, commercial service providers, and financial controllers to streamline business processes.

About KPMG Netherlands

KPMG has offered high-quality accountancy and advice services in the Netherlands since 1917.

 

Related Links :

https://planonsoftware.com