Category: IT Management

Compass Datacenters and Schneider Electric Announce Prefabricated White Space Module to Accelerate Data Center Delivery Timelines

Compass Datacenters and Schneider Electric Announce Prefabricated White Space Module to Accelerate Data Center Delivery Timelines

Compass Datacenters and Schneider Electric have jointly engineered a pre-fabricated, modular solution for data center end-to-end space optimization (white space fit-out). The traditional design and approach to building out the power, cooling and IT networking equipment for data centers relied on multiple parties installing varied pieces of equipment, and has been slow, inefficient and prone to errors. Today’s growing demand […]

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Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections (ticker symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces consolidated financial results above the forecast level, performance supported by efficient execution, balance between business segments and developments in the public & private software area. During January–June 2025, operating revenues reached RON 48.5 million, up 9% above the half-year estimates and […]

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AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

Resilient strategic progress, with Document Lifecycle Management and Digital Technologies maintaining strong momentum, despite market normalization in payment cards category in Türkiye • Group Revenues of €163.6m (16% reduction vs. H1 2024), primarily reflecting continued normalization in the Turkish payment card market, a temporary moderation vs. last year’s significant contribution of metal card sales to Fintech in Europe as well […]

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Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Acquisition to strengthen Vertiv’s comprehensive portfolio of digital infrastructure solutions with AI-based infrastructure monitoring, predictive services, and performance optimization   Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms, as part of its continued investment in AI-driven monitoring and control technologies […]

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Schneider Electric and E.ON Sign Long-Term Agreement to Accelerate the Energy Transition with SF₆-Free Medium Voltage Switchgear

Schneider Electric and E.ON Sign Long-Term Agreement to Accelerate the Energy Transition with SF₆-Free Medium Voltage Switchgear

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the signing of a long-term framework agreement with E.ON, one of Europe’s largest energy companies. This strategic partnership marks a significant step forward in the deployment of sustainable and digital-ready energy infrastructure across Europe. Schneider Electric will support E.ON’s ambitious goals with its latest SF6-free […]

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Early Game invests €1 Million in space tech startup Orbital Matter

Early Game invests €1 Million in space tech startup Orbital Matter

By combining liquid materials with an extrusion printing method, Orbital Matter has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times. Their first launch in space proved the core parts of the technology and achieved a NASA Technical Readiness Level of 5. With Early Game’s investment, […]

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Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals that 85% of fintechs directors are planning to expand into new markets, 77% planning such expansion within 1-3 years, according to its latest report, “Powering Growth in the Global Payments Race” in partnership with Censuswide.  The survey was based on 500 senior […]

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BASF Coatings signs strategic partnership agreement with Toyota Motor Europe to develop its Body&Paint program

BASF Coatings signs strategic partnership agreement with Toyota Motor Europe to develop its Body&Paint program

BASF Coatings and Toyota Motor Europe have signed an agreement to develop the Toyota Body&Paint program for Europe, building the foundation for a long-term strategic collaboration between the two companies for Toyota and Lexus brands. The partnership takes advantage of the premium automotive refinish solutions under the Glasurit and R-M brands in the European market. The Toyota Body&Paint program will […]

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Vertiv to acquire custom rack solutions manufacturer

Vertiv to acquire custom rack solutions manufacturer

Acquisition positioned to strengthen leadership in high-density integrated infrastructure offerings Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures […]

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Schneider Electric Launches Zeigo™ Hub: A Scalable Platform to Accelerate Supply Chain Decarbonization and Empower Global Net-Zero Ambitions

Schneider Electric Launches Zeigo™ Hub: A Scalable Platform to Accelerate Supply Chain Decarbonization and Empower Global Net-Zero Ambitions

Schneider Electric, the global leader in the digital transformation of energy management and automation, today announced the launch of Zeigo™ Hub by Schneider Electric, a powerful new digital platform designed to help organizations decarbonize their supply chains at scale. This innovative solution marks a significant step forward in enabling companies to meet their Scope 3 emissions targets and advance toward […]

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BASF starts commercial operation of Black Mass plant for Battery Recycling in Schwarzheide, Germany

BASF starts commercial operation of Black Mass plant for Battery Recycling in Schwarzheide, Germany

BASF has successfully started the commercial operation of its Black Mass plant in Schwarzheide, Germany. This state-of-the-art facility represents a significant milestone for BASF’s battery recycling business. It is one of the biggest commercial Black Mass plants in Europe, with an annual processing capacity of up to 15,000 tons of end-of-life lithium-ion batteries and production scrap. This equals roughly 40,000 […]

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Schneider Electric Launches Chapter 3 of Sustainability School

Schneider Electric Launches Chapter 3 of Sustainability School

Schneider Electric, the leader in the digital transformation of energy management and automation, has launched Chapter 3 of its online Sustainability School, a free training program designed to empower its channel ecosystem partners to become leaders in sustainability.  This chapter will focus on teaching businesses how to decarbonize and unlock the competitive benefits of sustainability through electrification and digitalization. With […]

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