Business Wire

Weathernews Inc. Acquires Metnext Entering Environmental Weather Market

17.1.2017 04:00 | Business Wire

Del

Weathernews Inc. (Chiba, Japan; Chihito Kusabiraki/CEO; “Weathernews”) (TOKYO:4825) announced that it had completed the acquisition of all shares of Mextnet SA (Paris, France; Patrice Massat/CEO; “Metnext”), and that the company had become its wholly-owned subsidiary today. Metnext is a European leader in providing weather based analytics services and decision making tools to help companies manage their activities at best leveraging climate impact. Through the acquisition, the companies will share their service know-how and infrastructure, and combining their technology and expertise in an effort to develop new services for customers in Asia, Europe, and other areas of the world.

The Background and Purpose of the Acquisition

Since its founding in 1986, Weathernews has provided weather risk management support services mainly for the global transportation weather markets (shipping, aviation, railway and road transportation). Furthermore, the company is targeting energy, factory, retail and agriculture markets as “environmental weather markets” for 2017 and will engage in developing and offering its services globally. Metnext provides services leveraging its own software solutions and technology to the various sectors of the “environmental weather markets” such as : Energy: energy production for gas, wind , solar, hydro; Retail, Industry, Services: demand forecast to adjust production and logistics; Agribusiness: delivery of high precision field based observations and forecast to anticipate agri treatment. With the aim of providing high-quality services to the global transportation and environmental weather markets, the two companies will join their strengths to generate the following synergies:

  • Combining Weathernews’ strengths in mitigation and avoidance of everyday operational weather risks with Metnext’s technology and services for project design, operational planning and post-project evaluation based on weather risks will enable the provision of total support for corporate activities from the design and planning phase to everyday operation and maintenance, dealing with emergencies and post-project evaluation.
  • Metnext’s Paris Office will serve as the base to strengthen marketing, service development and operations, enabling the ability to work with new partners to accelerate expansion in Europe.
  • By coordinating their data and service operations, they will work to build global environmental meteorology services, in addition to expanding globally and improving service quality in the same way as transportation weather.
 

Overview of Environmental Weather Services

    Energy Market
   

ⅰ.

 

Predictive Demand Control

 

・Gas and Electricity

ⅱ.

Predictive Generation Control

 

・Solar Photovoltaic Power, Wind Power

ⅲ.

Asset Management Control

 

・Power Station, Grid Transformer

 
Factory and Retail Market
ⅰ. Predictive Demand Control

ⅱ.

Climate Impact Analysis and Prediction

ⅲ.

Inventory Optimization Control
 
Agriculture Market

ⅰ.

Farming Management

 

・Growth, Treatment and Harvesting Management

 

Comments from Weathernews and Metnext

Thomas Skov, Executive Officer of Sales in charge of European Sales, Weathernews Inc.
Weathernews is excited to go to market together with Metnext. This merger has been greatly anticipated and we are happy it would close a good year in which Weathernews Europe has laid out several long-term strategic goals. To achieve these goals we are investing in our future. The merger with Metnext is a result of our vision of being industries leading provider of secure, next generation software solutions, business forecasting and decision making tools in climate business intelligence technology. In this highly competitive market, we want to bring value for customers who are looking for the best-qualified, innovative and reliable partner. Together with Metnext we want to deliver high performance services and products, to mitigate the weather business risk most industries are facing today.

Patrice Massat, CEO of Metnext SA
This acquisition means that Metnext will receive Weathernews Inc. support to continue its development in Europe, will have access to Weathernews expertise, technologies and solutions in order to enlarge its service scope and allow its customer to benefit from it. It also means that Metnext will benefit from Weathernews presence in Asia, Europe and in the U.S. to better support its customers globally. We are convinced that this new partner will bring the technological, industrial and financial means allowing us to continuously improve the quality of services we provide on the long run.

 

Corporate Overview of Weathernews Inc.

Company name  

Weathernews Inc.

Address Nakase 1-3 Mihama-ku, Chiba-shi, Chiba, Japan
Founded June 11, 1986
Capital stock JPY 1,706 million
Name and title of representative Chihito Kusabiraki, President and Representative Director
Number of employees 764
Business   Weather information consulting
 

Corporate Overview of Metnext SA

Company name

  Metnext SA
Address 79 rue Faubourg Poissonière, 75009 Paris, France
Founded April 16, 2007
Capital stock 2,851,400 EUR
Name and title of representative Patrice de Paulou Massat, CEO
Number of employees 21
Business   Weather information consulting
 

Please use the form below if you have any inquiries concerning services.
https://global.weathernews.com/contact/inquiries-about-our-services/

Contact information

Media Relations
Weathernews Inc.
Sumire Inoue, +81-43-274-5504
Communication Design Officer
wni-koho2@wni.com
Fax: +81-43-274-2130

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

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

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

The Valence Group Issues Fairness Opinion to SK Capital in Connection with Archroma18.8.2017 13:30Pressemelding

The Valence Group has provided a fairness opinion to SK Capital Partners, LP in connection with its recapitalization of Archroma, including investments made by various affiliates of SK Capital. Terms of the transaction were not disclosed. About SK Capital SK Capital is a private investment firm focused on the specialty materials, chemicals and pharmaceutical sectors. The firm builds strong and growing businesses that generate substantial long-term value for its investors. SK Capital utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing companies with improved strategic positioning, growth, profitability and risk profiles. The firm currently has approximately $1.9 billion of assets under management and its portfolio companies generate revenues of over $5.0 billion annually and employ approximat

Biker Summer 2017 campaign: What’s happening during Biker Summer 2017? Moto-tyres.co.uk is giving away exciting prizes!18.8.2017 09:22Pressemelding

Whether it’s a short weekend break or a long-distance tour – once again this year Moto-tyres.co.uk is asking bikers from 10 countries about their dream destinations and longest journeys as part of its “Biker Summer 2017” campaign. To ensure than nothing gets in the way of your next tour, the two-wheeler tyre store from Delticom, Europe’s leading online tyre dealer, is entering anyone who completes the survey before 30 September 2017 into a prize draw to win some great biking accessories. Simply answer three short questions about your plans for bike tours this year (don’t forget to provide your name and email address), and with a bit of luck, you might win one of these great prizes. Up for grabs are a GARMIN motorbike GPS system, a GoPro camera with helmet bracket and five 200-Pound vouchers for new motorbike tyres from the online store – thanks to the product range at Moto-tyres.co.uk, eve

Lenovo Continues to Gain Momentum in First Quarter FY 2017/1818.8.2017 00:04Pressemelding

Behind the strength of its 3-wave strategy, Lenovo’s business transformation continued to gain traction during the first quarter, delivering solid profitability in its core PC and smart devices business, and revenue and profit improvements in targeted growth areas, including the data center and mobile businesses. Fueled by new investments in people and products, Lenovo’s Data Center Group (DCG) introduced the most comprehensive product lineup in its history, with the new ThinkSystem and ThinkAgile portfolio, and continued to build out its end-to-end sales organization. Similarly, Lenovo’s Mobile Business Group launched significant new products led by the Moto Z2 Force, available now on all major U.S. carriers, and ramped up its branding efforts worldwide. “In the first quarter this fiscal year, we had stable performance as we executed our 3-wave strategy with commitment. We

Spirent Tests Wi-Fi Network Performance with O2 at the Coca-Cola London Eye17.8.2017 15:57Pressemelding

Spirent Communications plc (LSE:SPT), today announced its Landslide E10 network test platform has been used with O2 to validate the Wi-Fi network performance and capacity at the Coca-Cola London Eye, before the launch of a new smartphone application last month. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170817005758/en/ Spirent Landslide E10 helped O2 validate Wi-Fi performance and capacity at the Coca-Cola London Eye, before the launch of a new smartphone application last month. (Photo: Busines Wire) Merlin Entertainments plc, operator of the London Eye, wanted to measure its Wi-Fi network performance, to ensure its infrastructure could provide an excellent experience for users of the new app, which puts increased demands on the Wi-Fi network. “The London Eye is a global attractio

Watch BizWireTV: A Camera You Can Wear and Krispy Kreme’s Famous Donuts Get Eclipsed with Chocolate17.8.2017 12:08Pressemelding

On BizWireTV, catch some Quick Biz Hits and see the latest in Star Power. Also see what’s happening in the startup world with the Accelerator Report, featuring the VC Watch and this week’s Startup Standout. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170817005305/en/ BizWireTV is hosted by Jordyn Rolling (Photo: Business Wire Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands, on any screen you want by downloading the new app through the Apple TV and iPhone App Store and Google Play for Android devices. Top of the Wire Introducing FrontRow: the camera re-invented. Watch BizWireTV to see more disruptors as well as the top 5 trending stories of the week! A core c

PsiOxus Therapeutics Announce Two New Board Appointments: New Board Appointments Strengthen Company’s US Presence17.8.2017 07:00Pressemelding

PsiOxus Therapeutics, Ltd. (PsiOxus) today announced the appointment of Charles Rowland and Duncan Higgons to the Board of Directors as part of an ongoing drive to expand in the US. Charles Rowland was most recently the President and Chief Executive Officer (CEO) of Aurinia Pharmaceuticals, a clinical stage pharmaceutical company focused on the global lupus nephritis market. Prior to this, he served as the Vice President and Chief Financial Officer (CFO) of ViroPharma, during which time the company grew into a global biopharmaceutical business with $500 million in annual revenues until it was acquired by Shire plc for $4.2 billion. Before joining ViroPharma, Mr. Rowland was executive Vice President, CFO, and interim co-CEO, for Endo Pharmaceuticals. In his earlier career, Charles held finance and operational positions at Biovail Pharmaceuticals, Breakaway Technologies, Pharmacia

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom