Business Wire

Pacific Controls, the Global IoT & Cloud Services Provider, Acquires 33% Equity Stake in UK Based “Inframon Ltd” the Cloud Transformation Specialist

Del

Pacific Control Systems (PCS), the UAE-based global leader of Internet of Things (IoT) and Cloud Services solutions, announced today that it has completed the acquisition of 33.33 per cent equity stake in Inframon Limited, a UK-based IT cloud transformation company. The deal will position PCS as a global leader in cloud services.

Pacific Controls is a pioneer in the convergence of cloud computing, managed services and large scale data management with real time machine intelligence and is driving the integration of physical and virtual worlds. Inframon is well-known for its expertise in helping transition of large organizations to cloud technologies.

Commenting on the stake acquisition, Mr. Dilip Rahulan, Executive Chairman, Pacific Controls, said: “Pacific Controls has been in the forefront of providing end-to-end solutions for delivery of IOT services to both Government and private sector. Our association with Microsoft in this space has set new industry benchmark for providing their highly customized, robust and scalable cloud-based solutions for enterprises. Our association with Inframon will help in further strengthening our expertise.”

“Over the last decade, Inframon has demonstrated their strength in creating a flexible engagement model that helps enterprises speed to market and increase their capability and capacity. Their success can be gauged by their list of clients – some of them being the biggest names in their respective industries. I am hopeful that with Pacific Controls’ expertise and global reach, more enterprises would be able to take advantage of Inframon’s business model,” he added.

Mr. Sean Roberts, Managing Director of Inframon, said: “This is a game-changing announcement that we are making today. We have been well-poised to grow the business globally. The relationship with Pacific Controls will provide Inframon with access to expertise and other resources that will also help to underpin the accelerated growth plans.”

The intersection of the latest trends - the Internet of Things and People - creates unimagined new values for Governments and businesses globally, enabling them to deliver real time business intelligence and smart city applications to the people.

For more details, log on to www.pacificcontrols.net and www.inframon.com

*Source: ME NewsWire

Contact information

Watermelon Communications
Tasneem Raza, +9714-2833-655
tasneem@watermelonme.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Pat Johnson Joins UniPrint Team in Europe19.7.2018 07:35Pressemelding

UniPrint.net announced today that Pat Johnson has joined the company to support and develop their EMEA Partner Program, as well as with the promotion of their highly successful Cloud solutions UniPrint Infinity™ and ePRINTit™. Pat brings with him 20 years of experience at Xerox UK where he was instrumental in engaging with software vendors to support Xerox Connectkey products and Xerox Business Partner Channels. In joining UniPrint.net, Pat is well placed to support the continued growth of UniPrint.net EMEA Partners with the UniPrint product portfolio. Pat will hold the new position of MPS Partner & Strategy Manager EMEA, continuing UniPrint’s success in engaging valued business partners towards a modern approach for Software as a Service (SaaS) and Cloud printing solutions. Pat comments: “I am excited to start a new challenge within UniPrint.net and I look forward to working with the EMEA team to further develop their Partner Program. I am fortunate to be joining a respected company w

The Poseidon Foundation: Liverpool Bids to Be First ‘Climate Positive’ City by End of 202019.7.2018 07:34Pressemelding

The Poseidon Foundation (“Poseidon”) have signed a ground-breaking partnership with Liverpool City Council in a bid to make Liverpool the world’s first climate positive city by the end of 2020. The city council has signed an agreement with Poseidon to integrate its ground-breaking blockchain-powered platform into Liverpool’s day to day operations. Poseidon’s technology offsets the carbon impact of any product or service by transparently supporting essential forest conservation projects, allowing individuals, organisations and governments to reverse the impact of climate change every day through their activities. Poseidon will be moving its operations to the city in order to play a key role in Liverpool’s new climate positive strategy, which will be trialled over the next 12 months. Poseidon, who are already working closely with Liverpool company BAC Mono to create the world’ first climate positive car, will work with local schools, universities and businesses to develop educational pro

Elliott Advisors (UK) Statement on thyssenkrupp AG19.7.2018 07:30Pressemelding

Funds advised by Elliott Advisors (UK) Limited (“Elliott”) are significant shareholders in thyssenkrupp AG (“thyssenkrupp” or the “Company”). Elliott notes recent press coverage referencing the contents of a private letter Elliott sent to the thyssenkrupp Supervisory Board yesterday morning. In order to avoid any misunderstandings or misrepresentations of its substance, Elliott is hereby making the full text of the letter public. *** The Members of the Supervisory Board thyssenkrupp AG thyssenkrupp Allee 1 45143 Essen 18 July 2018 Ladies and Gentlemen, We note the resignation of Professor Dr. Ulrich Lehner as chairman of the Supervisory Board of thyssenkrupp AG. When we met with Professor Lehner in Essen on 27th June he and we assured each other of our desire to develop a constructive working relationship. Professor Lehner’s comments in the interview he gave to Die Zeit on 12th July suggest that he did not give those assurances in good faith. In the course of the interview with Die Zei

Albar Capital Deploys FlexNOW19.7.2018 07:30Pressemelding

FlexTrade (@FlexTrade) today announced that Albar Capital Ltd., a new hedge fund led by Javier Velazquez (formerly of Millennium Capital Partners LLP), is now trading equities and futures using FlexNOW, FlexTrade’s new execution management system. “The FlexNOW team was instrumental in solving several of our problems,” said Jason Ruder, Trader at Albar Capital. “Not only are they helping us with our compliance requirements, they are also responsive to requests that improve my workflow.” According to Rhyd Lewis, FlexNOW Product Manager, FlexNOW’s quick onboarding and easy installation process was critical for Albar Capital’s launch on 2 July. “We had no problem integrating FlexNOW with Albar’s portfolio and risk management platform, Paladyne, which allows Fund Managers to route orders to the dealing desk,” said Lewis. “Additionally, Albar has connectivity to their executing venues via FlexTrade’s zero-touch broker network.” Multi-Asset, MiFID II Compliant Trading Designed to handle tradi

Entersekt Signs on to Mobile Connect19.7.2018 07:00Pressemelding

Entersekt, an innovator in mobile-first fintech solutions, today announced it has signed an agreement with the GSMA to offer Mobile Connect to its institutional customers. Developed by the mobile industry as a universal mobile-device–based authentication service, Mobile Connect allows consumers across the globe to access their digital accounts via a single login. Users of the service do not have to remember multiple usernames and passwords. Instead, they identify themselves with their unique mobile number, together with a second factor like a PIN or biometric scan when additional security is required. Entersekt already offers advanced authentication and app security solutions, but the company believes Mobile Connect could help it address several increasingly urgent challenges banks face in streamlining customer-facing digital interactions. The service can facilitate the sharing with digital service providers of mobile-operator–held user and device data – and it is contextual informatio

Login VSI Revolutionizes Application Compatibility Testing19.7.2018 06:35Pressemelding

Today software solution provider Login VSI (www.loginvsi.com), the industry leader in VDI and DaaS performance and availability testing, announced its newest solution: Login AT for Application Compatibility Testing. Large organizations typically have numerous applications running on their Microsoft Windows platform. Quality-driven organizations require a compatibility test for every application after every upgrade, update or other change in their relevant infrastructure. The growing flow of changes increases the need for application compatibility testing. This flow includes Operating System migrations, updates and patch releases (intensified by Windows 10), but also hardware changes, configuration changes, firmware revisions, database or data center migrations, server memory upgrades and security patches such as for Meltdown and Spectre. To cope with the huge challenge of keeping all applications working after every change, organizations have had to rely on costly internal or outsource