Category: IT Management

Connections: operating result +146% in the first nine months of 2026, revenue above the annual budget

Connections: operating result +146% in the first nine months of 2026, revenue above the annual budget

Connections (stock symbol CC), a flagship company in Romania’s digital transformation market, announces revenue growth and the consolidation of operating profitability in the first nine months of 2026. Operating revenue rose by 22%, reaching RON 135.97 million, and the operating result increased by 146% to RON 19.17 million, while the operating margin doubled, exceeding 14%. Gross profit reached RON 19.55 […]

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Vertiv and Infineon Deepen Strategic Partnership for Critical Power Infrastructure

Vertiv and Infineon Deepen Strategic Partnership for Critical Power Infrastructure

Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, announced a three-year strategic agreement with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) to deepen their long-standing collaboration and support long-term reliable access to, and supply of, critical silicon (Si) and silicon carbide (SiC) power semiconductors. The strategic agreement supports supply continuity and reliable, on-time delivery as […]

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Deloitte Romania assisted Adrem Group in the acquisition of Electroechipament Industrial Group

Deloitte Romania assisted Adrem Group in the acquisition of Electroechipament Industrial Group

A multidisciplinary team of financial and tax consultants from Deloitte Romania and mergers and acquisitions lawyers from Reff & Associates | Deloitte Legal assisted the entrepreneurial Adrem Group, an important player in Romania’s energy services market, in the acquisition of Electroechipament Industrial Group (EEI), a Romanian company specialized in the design, execution and commissioning of energy infrastructure. The transaction was […]

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Vertiv Completes Acquisition of UtilityInnovation Group

Vertiv Completes Acquisition of UtilityInnovation Group

Vertiv Holdings Co. (NYSE: VRT) (“Vertiv”), a global leader in critical digital infrastructure, today announced its wholly-owned subsidiary, Vertiv Corporation, has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (“UIG”) for approximately $1.45 billion in upfront cash. The transaction includes additional contingent consideration of up to $1.15 billion in cash based on achieving certain earnings […]

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Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services

Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services

Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has completed its acquisition of King Environmental Services Ltd. (KES), a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers. The acquisition expands Vertiv’s global thermal management services capabilities into Europe, Middle East and Africa (EMEA) and advances its strategy […]

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Little London International Academy implements a pilot artificial intelligence module

Little London International Academy implements a pilot artificial intelligence module

Little London International Academy is integrating the study of artificial intelligence into its educational offering for the second consecutive year, through a programme delivered to 9th, 10th and 11th grade students. As part of the module, which runs from October to November, students explore topics such as the responsible use of AI, fact-checking, manipulation, and the impact of technology on […]

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Dubai Becomes TotalSoft’s Regional Hub for Expansion in the Middle East and North Africa

Dubai Becomes TotalSoft’s Regional Hub for Expansion in the Middle East and North Africa

TotalSoft, a global provider of business software solutions, announces the opening of a new office in Dubai, as part of its international expansion strategy in the MENA region. The new office serves as a regional hub for developing commercial operations, coordinating the local partner network, and supporting projects across the Middle East and North Africa. This expansion marks a new […]

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Vertiv announces agreement to acquire King Environmental Services Ltd., expanding Global Fluid Management Services

Vertiv announces agreement to acquire King Environmental Services Ltd., expanding Global Fluid Management Services

Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced that it has entered into an agreement to acquire King Environmental Services Ltd. (KES), a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers and other applications. The acquisition is expected to expand Vertiv’s global thermal management services capabilities into Europe, […]

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Levi Strauss & Co. and Marks & Spencer launch the Fashion Renewable Collaborative to turn climate commitments into renewable electricity action

Levi Strauss & Co. and Marks & Spencer launch the Fashion Renewable Collaborative to turn climate commitments into renewable electricity action

Levi Strauss & Co. and Marks & Spencer (M&S), in partnership with SE Advisory Services, Schneider Electric’s global consulting practice, today launched the Fashion Renewable Collaborative (“FRC”) and are inviting fashion brands across the industry to join the effort. Announced at New York Climate Week, the FRC is designed to help interested suppliers adopt renewable electricity at scale through coordinated […]

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Students learned from Endava experts how to use artificial intelligence responsibly in research

Students learned from Endava experts how to use artificial intelligence responsibly in research

Endava (NYSE ‘DAVA’), the technology-driven business transformation group, whose AI-native approach combines cutting edge technology with deep industry expertise, together with the Research Institute of the University of Bucharest (ICUB), continued their collaboration for the third consecutive year within the Summer School “From Robotics to Archaeology”. Held this summer at the Sultana-Malu Roșu archaeological site in Călărași County, this year’s […]

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Vertiv Announces Agreement to Acquire UtilityInnovation Group to  Accelerate Time to Power for AI Data Centers

Vertiv Announces Agreement to Acquire UtilityInnovation Group to Accelerate Time to Power for AI Data Centers

Vertiv Holdings Co. (NYSE: VRT) (“Vertiv”), a global leader in critical digital infrastructure, today announced its wholly-owned subsidiary, Vertiv Corporation, has entered into an agreement and plan of merger to acquire Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (“UIG”), a leader in microgrid solutions, advanced power controls and behind-the-meter power architecture design for data centers, for approximately $1.45 […]

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H1 2026: growth momentum returns as guided, with y-o-y revenue growth accelerating to +20% in Q2

H1 2026: growth momentum returns as guided, with y-o-y revenue growth accelerating to +20% in Q2

• Digital Technologies and Identity & Payment solutions drive broad-based growth across all three geographic segments • 96.55% of AUSTRIACARD’s shareholders accepted DNP’s offer; the Offer remains subject to the outstanding FDI clearance from the competent Austrian authorities before becoming unconditionally binding   AUSTRIACARD HOLDINGS AG (ACAG), the international applied technology group headquartered in Vienna, announces its H1 2026 financial […]

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