Category: IT Management

Schneider Electric, AVEVA, and ETAP join Alliance for OpenUSD to advance digital twins and 3D modeling for Industries

Schneider Electric, AVEVA, and ETAP join Alliance for OpenUSD to advance digital twins and 3D modeling for Industries

Schneider Electric, a global energy technology leader, AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and ETAP, the industry and technology leader in power system design and operation, today announced their membership in the Alliance for OpenUSD (Universal Scene Description). The companies join industry pioneers including NVIDIA, Pixar, Adobe and Autodesk in shaping the future of […]

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EXEDA Academy: The Fastest-Growing Executive Education Platform in Romania in only 6 months since launch — now a Global MBA Partner with IE University

EXEDA Academy: The Fastest-Growing Executive Education Platform in Romania in only 6 months since launch — now a Global MBA Partner with IE University

EXEDA – Executive Education Academy, an innovative executive education model from Romania, has recorded the fastest growth in the local industry within six months of launch. At the same time, EXEDA continues its strategic expansion through a partnership with IE University, one of the most innovative educational institutions in the world, widely recognized for its MBA programs. IE University is […]

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BASF targets Frankfurt Stock Exchange as listing location for Agricultural Solutions and presents its new Management Board

BASF targets Frankfurt Stock Exchange as listing location for Agricultural Solutions and presents its new Management Board

BASF is targeting the Frankfurt stock exchange as the listing location for its Agricultural Solutions business. The planned initial public offering (IPO) of Agricultural Solutions as a European company (Societas Europaea, SE) represents a major milestone in BASF’s “Winning Ways” strategy. It will establish the standalone business as an independent, pure-play agricultural company with global reach, robust growth prospects and […]

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Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections (stock symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces its financial results for the third quarter of 2025. In the first nine months of 2025, the company recorded a solid performance across its key financial indicators, with group-level revenues reaching 111.1 million RON, up 76% compared to the first nine […]

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Q3 2025 results confirm our prior guidance for growth momentum

Q3 2025 results confirm our prior guidance for growth momentum

Significant performance improvement in Q3, with Document Lifecycle Management and Digital Technologies the key growth drivers AUSTRIACARD HOLDINGS AG (ACAG), the international applied technology group headquartered in Vienna, announces its 9M 2025 financial results. • Group Revenues of €262.4m (14% reduction vs. 9M 2024), adversely impacted by the already realized in H1 2025 normalization in the Turkish payment card market […]

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Schneider Electric Showcases the Impact of its Sustainability Commitment Through Strong Q3 Results

Schneider Electric Showcases the Impact of its Sustainability Commitment Through Strong Q3 Results

Schneider Electric, a global energy technology leader, today announces its non-financial results for the third quarter of 2025, confirming its progress toward completing the Schneider Sustainability Impact (SSI) 2021–2025 program. With one quarter remaining, the company reports a score of 8.52 out of 10, confirming strong alignment with its year-end target of 8.80. One of the key milestones this quarter […]

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Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services

Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services

Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, announced it has entered into an agreement to acquire Purge Rite Intermediate, LLC, (“PurgeRite”) a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLC for approximately $1.0 billion in cash consideration at closing plus the potential […]

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BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”). The enterprise value of the transaction amounts to €7.7 billion. Subject to customary regulatory approvals, the transaction is expected to close […]

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The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

In a move that could change the lives of felines everywhere, The Cat Health Company announced today it has secured additional $1.2 million in financing to fuel the company’s groundbreaking work in longevity therapeutics, with a focus on helping cats have longer and healthier lives. Portfolia’s Active Aging & Longevity Fund II has invested in this round alongside Sonia Arrison’s […]

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Early Game invests €1.5 million in job marketplace YOX

Early Game invests €1.5 million in job marketplace YOX

Early Game Ventures announces a new seed investment in YOX, which promises to revolutionize the blue-collar job market with the help of AI. The €1.5 million round will allow the startup to expand internationally. Frontline Hiring in Future: Finding a job has not really changed since the era when you had to use a pen to circle some job ads […]

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Endava Sustainability Report 2025: 7% reduction in indirect emissions and a 94% participation rate in Endava University – among the main achievements

Endava Sustainability Report 2025: 7% reduction in indirect emissions and a 94% participation rate in Endava University – among the main achievements

Endava (NYSE: DAVA), a leading next-generation technology services provider whose AI-native approach combines cutting-edge technology with deep industry expertise, has launched its annual Sustainability Report, ”We Care”, for the financial year that ended on June 30th, 2025. For the fifth consecutive year, the company showcases mature ESG steps for a better future, from sustainable climate actions to responsible AI, at […]

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Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of relevant legal documents for the transaction to acquire Telekom Romania Mobile Communications. The total value of the transaction is €30 million, which refers exclusively to the elements intended for acquisition by Vodafone Romania. With the closing of the transaction, estimated for the beginning of October this year, Vodafone will take over the control of Telekom […]

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