Tag: Strategic

HONG KONG, May 9, 2024 – (ACN Newswire) – Leading PRC-based professional sportswear enterprise Xtep International Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “Xtep”) (Stock code: 1368.HK) today announced the strategic divestiture of its wholly owned subsidiary KP Global Investment Limited (“KP Global”), which owns the K-Swiss and Palladium brands, as well as a series of financing instrument restructuring exercises aimed at optimizing its portfolio and strengthening its core business operations. Strategic Divestiture and Privatization of Underperforming Assets Xtep has entered into a definitive agreement with its controlling shareholder Ding Shui Po and his family for the ... Read more

 4Eyes.ai the leader in artificial intelligence (AI) powered advertising solutions, announces it has received a strategic investment and support from Tampa-based venture studio 11MeridianWest. Founded by a set of visionary entrepreneurs renowned for spearheading transformative technologies, 4Eyes.ai is premised on delivering bleeding-edge solutions that redefine the advertising frontier. 4Eyes.ai’s trailblazing technology promises marketers the autonomy to create immersive, bespoke brand experiences, finely tuned to the specific needs of their clients. With a rapidly growing team, 4Eyes.ai is partnering with 11MeridianWest to help accelerate their growth, and vision. “We’re very excited to partner with the 11MeridianWest team and their advisory board. ... Read more

NEC Corporation (TSE: 6701) and Celonis SE have signed an agreement to further expand their strategic partnership. NEC has been named a “Platinum Partner,” the top level in Celonis’ certification program.Prior to this, NEC began working with Celonis in May 2022 to gain insight into business processes and improve operations. The multinational IT and electronics company established Centers of Excellence and successfully optimized processes in various areas such as order-to-cash and procurement. Through continuous monitoring of operations, early detection of problems, and implementation of countermeasures, NEC’s productivity has already increased by 200 million yen. In the future, NEC plans to ... Read more

 STS, for the fifth year in a row, has been named as one of the world’s premier managed service providers in the prestigious 2023 Channel Futures MSP 501 rankings. For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth, innovation and supported technologies. MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using ... Read more

 Strategic Results (SR) announced today that its Joint Venture, Z4E Strategic Results Alliance LLC, received the prestigious Best-in-Class GSA 8(a) STARS III award. This multiple-award indefinite delivery-quantity (MA-ID/IQ) contract is designed to provide federal agencies with innovative information technology (IT) services-based solutions from award-winning small businesses. Through this award, Z4E Strategic Results Alliance will be able to provide customized IT solutions to meet federal agencies’ individual mission needs, such as data management, IT operations and maintenance, IT security, and software development and systems design. Due to SR’s strong past performance, the JV was selected for the emerging technology-focused scope sub-area, ... Read more