[By NBC-1TV H. J Yook]Regus is creating new opportunities to do business in Sub-Saharan Africa with the opening of its first centre in Botswana. The launch, which represents Regus’ 101st country, will help companies of all sizes to explore a nation expected to achieve real GDP growth of around 5.5% in 2014.[1] Botswana is a highly attractive market for businesses, offering “an impressive track record of good governance and economic growth”, according to the World Bank.[2] In addition to having a thriving mining industry, the country also has steady agriculture, financial services and tourism s
[By NBC-1TV H. J Yook]iQor, a global provider of business process outsourcing services, today announced it has completed the acquisition of the Aftermarket Services business of Jabil Circuit, Inc. (NYSE: JBL). The acquisition positions iQor as the first global company with the integrated capabilities to address the $40 billion market at the intersection of customer relationship management and product support solutions. “We are excited to welcome the more than 13,000 Aftermarket Services employees to iQor,” said Hartmut Liebel, CEO of iQor, who previously served as CEO of Jabil Aftermarket Serv
[By NBC-1TV H. J Yook]Family owned, Austrian company CROMA-PHARMA announced today the signing of a 10 year comprehensive and important distribution agreement with Hugel Inc. of Korea. Hugel Inc. is the leading producer of anti-aging and Botulinum Toxin products in South Korea and Asia. At the signing, Andreas Prinz, Managing Director and Owner of CROMA-PHARMA said: „CROMA-PHARMA is always committed to bringing the most advanced anti-aging and medical products to patients and doctors alike. With this agreement CROMA-PHARMA will add the most sophisticated Botulinum Toxin products to its we
[By NBC-1TV H. J Yook]Bombardier Aerospace announced today that Hawaii Island Air, Inc. (Island Air) has placed a firm order for two Q400 NextGen turboprop airliners and has also taken options for four additional Q400 NextGen aircraft. The aircraft will be delivered with a dual-class, 71-seat configuration. Island Air is Hawaii's leading regional airline and second oldest carrier. Based on the list price of the Q400 NextGen airliner, the firm order is valued at approximately $60.9 million US. The value could increase to $188 million US should Island Air exercise all its options. “As part of ou
[By NBC-1TV H. J Yook]LG Electronics (LG) kicked off the third leg of its global Innovation Festival (InnoFest) roadshow in Seoul with a showcase of its newest products aimed at Asian consumers, which included the company’s diverse lineup of TVs, refrigerators, washing machines, air conditioners and smartphones. InnoFest Asia follows on the heels of InnoFest Middle East & Africa event in Turkey and InnoFest Europe in Italy in February and March, respectively. “LG expanded LG InnoFest to Asia this year for the first time to show our regional business partners and stakeholders LG’s diverse lineu
[By NBC-1TV H. J Yook]Samsung Electronics Co., Ltd. today announced the official global launch of its Samsung Smart Home service. The service will first be rolled out in Korea and the United States, with more countries around the world added throughout the year. The service makes home automation effortless and easy, with a single app that makes it possible to connect and control home appliances, TVs and mobile devices. “We are excited that the launch of Samsung Smart Home makes the connected home a reality today and allows our customers to live a smarter life,” said Dr. WonPyo Hong, President
[By NBC-1TV H. J Yook]Parallax Capital Partners and StepStone Group announced today they have signed a definitive agreement to acquire DivX LLC and its subsidiaries, including the MainConcept entities, from Rovi Corporation (NASDAQ: ROVI) for $75 million in a combination of cash and additional deferred contingent payments. San Diego based Karmel Capital assisted DivX management in the transaction. DivX is a leading provider of advanced end to end solutions that enable a superior high quality video experience on virtually any device or platform. Based in San Diego CA with operations in Russia,
[By NBC-1TV H. J Yook]Booth #522, Interop Las Vegas, USA The CloudEthernet Forum (CEF) and MEF today announced the creation of the CEF ‘Open Cloud Project.’ The Open Cloud Project will focus on creating an open test and iterative standards development program for service providers, industry vendors and over-the-top (OTT) cloud service providers. The Open Cloud Project includes a dedicated proof of concept test laboratory based in Silicon Valley, to provide ongoing testing and support for the iterative development of the CEF’s CloudE 1.0 open cloud environment. It will also provide the basis of