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TECHNOLOGY

1,000 Saudis to get cyber security training abroad
June 21, 2018

As many as 1,000 young Saudis will take advantage of the King’s Foreign Scholarship Program with specialization in vital cyber security areas over a period of five years.

The National Cybersecurity Authority has signed cooperation agreement with the Ministry of Education in this regard, the Saudi Press Agency reported on Wednesday.

According to the deal, every year 200 Saudis will be sent abroad for pursuing cyber security related"...

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Bentley Systems Acquires Synchro Software to Extend Digital Workflows for Infrastructure Project Delivery Through 4D Construction Modeling
June 21, 2018

(AETOS Wire) -- Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced the acquisition of Synchro Software, headquartered in London, leader (and the market creator) in 4D construction modeling software, for scheduling and project management. Synchro, “construction’s time machine,” has been globally adopted, in particular,"...

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Mori Building and teamLab Launch Unprecedented Digital Art Museum
June 21, 2018

(AETOS Wire) -- “MORI Building DIGITAL ART MUSEUM: teamLab Borderless,” an unprecedented digital art museum — jointly created and operated by Mori Building Co., Ltd, a leading urban landscape developer, and teamLab, a world-leading digital art collective — opened today, the two organizers announced.

The digital art museum"...

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Tigo Awarded Patent for Flex MLPE Platform
June 20, 2018

(AETOS Wire) -- Tigo®, pioneer of the Smart Modular Flex MLPE platform, today announced that it has been granted its most important and industry strategic hardware patent applying to the smart technology used in its flexible module-level power electronics (Flex MLPE) within solar junction boxes. Tigo’s connection box with reliable and inexpensive contacts for solar modules is now patented to enable the use of multiple types of passive and active covers for different functionalities in the junction box. To learn more, Tigo will be displaying its Flex MLPE during Intersolar Munich 2018 from June 20th – 22nd with multiple OEM and distribution partners. U.S. Patent 9,991,843 is Tigo’s 56th patent issued by the U.S. Patent and Trademark Office, with 23 patents still pending. The Flex......

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ABB and Kawasaki Create World’s First Common Interface for Collaborative Robots
June 20, 2018

(AETOS Wire) -- ABB and Kawasaki Heavy Industries, both global leading players in industrial automation and robotics, are showcasing the world’s first common collaborative robot operating interface at automatica in Munich, Germany from June 19-22, 2018.

The common interface will also help address the shortage of skilled workers in many industries."...

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Universal Laser Systems Expands Its Materials Database with Henkel, Hexcel and Saint-Gobain Materials
June 20, 2018

(AETOS Wire)-- Universal Laser Systems (ULS) announces the addition of Henkel, Hexcel® and Saint-Gobain materials to its materials database, the most extensive repository of laser material processing parameters for materials in the range of 10 watts to 500 watts.

The Henkel, Hexcel and Saint-Gobain materials new to the ULS materials database"...

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Rimini Street Announces $140 Million Refinancing
June 20, 2018

(AETOS Wire) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced it has entered into a binding agreement with a syndicate of investors, including a fourth round of equity participation by Rimini Street’s largest shareholder, Adams Street Partners, to refinance its current credit facility with the issuance of $140 million of Series A convertible preferred stock and 2.9 million shares of common stock. Closing is subject to a shareholder vote and certain other customary closing conditions. Holders of a majority of the Company’s common stock have agreed to vote in favor of the transaction, and the Company expects the transaction to close in the......

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Saudi Arabia-Based Digital Media Startup Telfaz11 Raises US$9 Million Series A
June 19, 2018

Telfaz11, a Saudi Arabia-based digital media company with over 20 million subscribers on their network, and reporting more than 2 billion views on YouTube, has raised US$9 million in a Series A round of funding. The investment came from KSA-based Saudi Technology Ventures (STV), a $500 million VC fund anchored by Saudi Telecom, as lead investors, with the participation of UAE-based early-stage"...

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Inteva Products Receives Top Innovation Award for Revolutionary Stitching Process
June 19, 2018

(AETOS Wire) -- Inteva Products, LLC, a leading global Tier One automotive supplier of engineered components and systems, received the top prize in the 2018 Innovation Awards presented by the European Association of Automotive Suppliers (CLEPA) at The Hague, Netherlands, on June 13.

Inteva was recognized for its new real-time scanning process for"...

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IDEMIA Selected to Deliver Its Next Generation Fingerprint Matcher Engine as Part of the UK Home Office Biometrics Programme
June 19, 2018

(AETOS Wire) -- This award will result in the deployment of the very latest IDEMIA fingerprint matching platform, which will deliver significant productivity improvements by offering increased accuracy fingerprint services to the stakeholders and users of the HOB Programme. In the first phase of the project IDEMIA’s solution will be deployed for use by United Kingdom National Law Enforcement agencies, to be closely followed"...

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