Intraratio Corporation Partners With X2 | Equity to Advance Further Growth

Funding Provided by X2 | Equity to Fuel Expansion of Intraratio’s Smart Manufacturing Software Platform in Core and New Markets

SAN DIEGO, Sept. 13, 2021 (GLOBE NEWSWIRE) — Intraratio Corp, a global provider of cloud hybrid smart manufacturing software solutions for semiconductor and electronics manufacturing, today announced it has successfully completed an equity financing round to advance its operating and strategic growth plan. The funding is provided by X2 I Equity, a leading investor in growth-stage industrial high-tech companies headquartered in Munich (Germany) with offices in the United States and China.

Intraratio serves leading companies in the high-performance computing, automotive Tier-1 electronics, medical device, and EMS industry, offering an innovative and self-managing MES (Manufacturing Execution System) and Yield-Management Software Platform that reduces the cost and complexity of introducing IoT into advanced manufacturing environments. Capabilities include serialized unit traceability, machine data automation, real-time inventory tracking, and automated supplier data integration in real-time.

Funding will be used to advance Intraratio’s software engineering capabilities, core software platform and to expand into adjacent manufacturing segments. The company will expand sales and customer service functions to support existing and new customer growth within North America, Europe and key Asian manufacturing regions.

X2 I Equity will be represented by CEO and Founder Marc Sperschneider, who will also be joining the Intraratio board.

Ryan Gamble, Founder & CEO of Intraratio says: “Having the partnership and financial backing of an investor that truly understands the value of digital transformation, automation and AI in the global electronics manufacturing market today, is an empowering and exciting inflection point for Intraratio. Their commitment and expertise will enable us to provide greater value, services and capabilities to our customers, and accelerate our global market capture.”

“Advanced MES and yield-management solutions are a foundational building block of smart manufacturing and digital strategies for today’s manufacturers. Intraratio has quickly developed a strong position in the NAFTA smart manufacturing software market,” said Sameer Patel, Managing Director, X2 Equity North America. “Their customer growth over the last few years, combined with increasing deployments of their integrated RunCard and Datacard software platform in highly-regulated and complex semiconductor back-end and electronics manufacturing operations is impressive. We see them strengthening their position through access to the X2 platform and network and view them as a highly complementary addition to our IIoT software portfolio. All of us at X2 | Equity looks forward to playing a role in their future growth.”

About Intraratio

Intraratio, founded by Ryan Gamble, is a leading innovator in the MES/IIoT software market. The Company offers an integrated software suite that enables its customers to digitize manufacturing operations through automation of data interchange, inventory management and control of processes across local and global supply chains, delivering a truly scalable Industry 4.0 software platform for advanced and complex manufacturing environments from prototyping and small series (NPI) to mass-production.

Intraratio’s software suite reduces the cost and complexity of introducing IoT strategies into advanced industrial manufacturing, removing the need for lengthy installation, significant services, IT resources and software customization spend so that organizations realize time to value and ROI instantly.

Deployments include the USA, Mexico, China, and the Philippines, serving semi-backend and PCB/SMT assembly for high-performance computing, automotive Tier-1 electronics, photonics, medical device, and EMS industries.

For more information, please visit: http://www.intraratio.com

About X2 I Equity 

X2 I Equity is an independent investment holding focused on the funding and scaling of high-tech companies active in technology machinery systems, advanced components, industrial software (IoT/AI), and smart industrial services. Our companies include system hardware, sensor and software businesses with technology and new product innovations for application in industrial value chains (“Industrial Tech”). X2 | Equity has offices in Munich (Germany), Phoenix AZ (US) and Suzhou (China).

For more information, please visit: https://www.x2-equity.com

Contact:

Galina Rogers-Rodriguez

Marketing Director

media@intraratio.com

(858) 324-1051

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Zoom Announces Planned Innovations to Ignite the Next Era of Communications

Zoomtopia 2021 Highlights Customers Using Zoom Innovations to Embrace Change, Enable Hybrid Workforces, and Grow Their Businesses

SAN JOSE, Calif., Sept. 13, 2021 (GLOBE NEWSWIRE) — Today, Zoom Video Communications, Inc. kicked off Zoomtopia 2021, unveiling plans for innovations across its platform designed for today’s dynamic working environments, and to ignite a new era of connection and collaboration. Zoom is transforming the trajectory of business and personal communications by advancing the way we connect, share ideas, and get more done together – regardless of location. Zoom is developing new products, features, and partnerships designed to empower and engage the modern workforce with connected workstreams.

“Innovation remains at the forefront of Zoom’s annual Zoomtopia conference,” said Daniel Newman, Principal Analyst at Futurum Research. “I am particularly impressed with how Zoom’s plans for new solutions, like Zoom Video Engagement Center and Zoom Whiteboard, could continue to broaden Zoom’s impact on different facets of our work and lives, while enabling customers to create and grow businesses entirely on its platform.”

“In the last decade, we have been honored to become the ‘go-to’ video communications platform, but there has never been a more dynamic period in the company’s history than these last 18 months,” said Eric S. Yuan, Founder and CEO at Zoom. “We have released hundreds of new features, enhancements, and capabilities this past year alone and we have exciting new features in our development pipeline. With the ability to visually brainstorm on a virtual whiteboard and collaborate with colleagues similar to an in-person experience, or the endless opportunities of live transcription and translation services powered by Artificial Intelligence (AI) – previously considered ‘futuristic’ technologies are on the verge of becoming a reality and could reshape the way we work.”

Empowering and Engaging Communities
Zoom’s recent study on the role of video communications in daily life examined people’s preferences for how they envision using this technology in a future world. Globally, the majority of respondents agree that everything will have a virtual element – including celebrations and events.

  • Zoom Events Conference is a new event type that Zoom plans to make available this fall on Zoom Events, which will allow hosts to organize multi-track and multi-day events in a sophisticated format, with rich functionality, including, event lobby, chat, networking, sponsors, surveys, recordings, analytics, and more. Zoom Events Conference will offer hosts and attendees a customizable experience with the ability to provide an engaging and connected virtual event experience.

Enabling the Modern Workforce
Zoom is working to arm customers with innovative technology solutions designed to create new opportunities for business growth. Future potential projects include:

  • Zoom Video Engagement Center (VEC): Connect your experts with your customers on video to create engaging experiences where they can build rapport and trust, and share expertise in a structured and immersive virtual environment. With industry-specific solutions, Zoom VEC will offer the same cloud-first scalability and trusted video architecture customers have come to expect from Zoom.
  • Zoom WhiteboardToday’s hybrid, remote and colocated workforce relies on collaboration tools to be efficient and productive, and the goal for Zoom Whiteboard is to set a new standard for working smarter, together. We envision that Zoom Whiteboard will act as a digital canvas, enabling seamless, real-time and asynchronous collaboration, with the ability to interact with the whiteboard similar to an in-person experience, creating more visually engaging and efficient meeting experiences.
  • Zoom & Oculus Team Up: Zoom will be teaming up with Horizon Workrooms to bring the physical and virtual world together using Zoom. The goal is to allow users to access their Zoom Whiteboard and Zoom Meetings within the virtual Workrooms environment when this ships next year. With this collaboration, we aim to let people immerse themselves into the Zoom Whiteboard no matter what device they join from, all while in a Zoom meeting.
  • Live Translation and Transcription: Zoom meetings will become even more inclusive with the addition of real time, automated translation, as well as expansion of its existing live transcription, with support for multiple languages coming later next year. Zoom connects users across borders and continents, and these live transcription and translation features will create endless opportunities by bridging the communications gap across language barriers as well.
  • Zoom Rooms Smart GalleryZoom is committed to enabling the modern workforce. To foster a more inclusive hybrid, remote and colocated work experience, we plan to expand use cases of Zoom Rooms Smart Gallery for meeting spaces of all sizes by creating individual video feeds of in-room participants, so they’re viewed clearly and equally by remote employees.
  • Hot Desking: Zoom’s envisioned hot desking solution, available later this year, will allow employees to reserve desks and spaces in their offices using an interactive map and enable easy authentication to bring your personal Zoom experience to any Zoom Rooms or Zoom Phone appliance.
  • Platform Security: Security and privacy are cornerstones of the Zoom platform. To empower customers to provision and manage their own encryption keys, Zoom is developing a Bring Your Own Key (BYOK) offering, with an initial beta planned for later this year. Additionally, Zoom plans to extend End-to-end encryption (E2EE) to Zoom Phone, potentially enabling users to upgrade to E2EE during one-on-one phone calls that occur via the Zoom client in the coming year.

Connecting Workstreams
Zoom is virtually replicating the various ways we interact in real life, and beyond. Zoom Meetings, Chat, Webinars and Phone all work together as one unified communications solution, with the ability to navigate between them.

  • Zoom Apps are built to optimize meeting workflows. Later this year, we plan to make integration of Zoom Apps available throughout the platform, including Zoom Apps for Webinars, Zoom Apps for Mobile, and immersive apps, which will enable even more immersive and collaborative app experiences.
  • Zoom Chat Huddle View will potentially provide a visual layout of channels to give teams a sense of connectedness while working virtually. Channel members will potentially be able to choose a unique virtual background of their choice, chat, easily see who is in the channel, and quickly identify if they are busy or available, bringing teams together in a whole new way.
  • Zoom Phone Video Voicemails is planned to provide a more personable alternative to standard voicemails with the ability to leave video messages for colleagues, right into their voicemail inbox.
  • Zoom Continuous Collaboration could make it easier to collaborate across tools with tighter integrations across the Zoom platform and third parties. With these planned enhancements, users would benefit from the ability to share files, recordings and chats from Zoom Meetings to Zoom Chat for easy reference and collaboration on documents and integration with file sharing solutions – all without having to leave the Zoom client.
  • Zoom Widget is planned to provide a view at-a-glance schedule, that could enable users to see who is already in the meeting, and notify the host using Zoom Chat if they are running late. For people in back-to-back meetings, Zoom Widget will help them manage time, expectations, and keep their teammates in the know.

These planned innovations will help to create a more efficient, collaborative, and engaging user experience, while also simplifying processes by connecting and organizing workstreams.

Social Impact and Zoomtopia Awards

  • Zoom Cares, Zoom’s social impact arm, announced $2 million of new funding to a collection of eight global nonprofits supporting mental health among native, LGBTQ, and young people of color who have been disproportionately affected by COVID-19 and systemic racism. Zoom organized a team of seven global experts as part of its participatory grantmaking process to collaboratively decide on the nonprofits and distribution of donations.
  • Zoom is honoring select customers who made tremendous efforts to combat COVID-19 with the Zoom Delivering Hope Awards. By activating their networks, leveraging their resources, and sharing their expertise, these organizations had a massive impact on the global collective effort against the coronavirus.
  • Every year at Zoomtopia, the company highlights the creative and unique ways its customers are using Zoom with the Zoomtopia Innovation Awards. The contest recognizes the Zoom customers that most embody innovation, inspiration, and creativity in using Zoom solutions.

Zoomtopia, powered by Zoom Events Conference, features over 75 educational sessions, over 100 thought-provoking speakers, business leaders and celebrity appearances, and opportunities to network, collaborate, and learn, visit Zoomtopia.com to register and attend. The statements contained here are for informational purposes only. Any services, products or functionality referenced that are not currently available are subject to change at Zoom’s sole discretion and may not be delivered as planned or at all. Customers who purchase from Zoom should make their purchase decisions based upon currently available pricing, features and functions.

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for individuals, small businesses, and large enterprises alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Farshad Hashmatulla
Product PR Manager
press@zoom.us

Fluent Enhances National Australia Bank’s Global FX Capabilities

Fluent Trade Technologies’ award-winning technology is powering National Australia Bank’s global FX activity

Featured Image for Fluent Trade Technologies

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) — Fluent Trade Technologies’ award-winning technology is powering National Australia Bank’s global FX activity, strengthening and broadening its end-to-end global trading capabilities to deliver a market-leading, ultra-low latency, multi-asset trading platform to its customers, worldwide.

David Faulkner, Managing Director, Fluent Trade Technologies said, “Data drives every decision within the e-trading environment and we’re delighted to provide NAB with the technology to better support its eFX trading business.

“NAB and Fluent are aligned in the belief that high performance, ultra-low latency technology empowers smarter decisions in respect of price discovery, creation and distribution.

“Fluent’s clients can realise this across the value chain, achieving a dramatic impact on certainty of trading execution, acceptance rates, volumes, profitability and client satisfaction.”

Mark McCall, Head of Electronic Trading, NAB Markets said the project with Fluent had enabled the bank to extend its market access, improve response times and increase fill ratios significantly.

“We’re committed to providing our customers with quality electronic FX services to facilitate the management of their financial exposures, while also enhancing our position as a leading liquidity provider in our core currency pairs.

“Fluent has enabled NAB to price clients more accurately, while also allowing us to price a wider range of clients, to connect to more venues and to extend our range of trading services.”

Contact David Faulkner, info@fluenttech.net | +44 (0) 7770 54 10 54 Fluent Trade Technologies

About Fluent: Fluent Trade Technologies’ e-Trading platform is the fastest multi-asset platform available in today’s financial markets. Through this platform, Fluent delivers unrivaled market connectivity to over 120 data and liquidity sources via its ultra-low latency API; superior aggregation, pricing, and matching engines; flow management tools and the most advanced pre-trade trading and credit risk management solution. Fluent’s single framework solution design empowers faster, smarter and more accurate decision-making – ensuring greater end-to-end trading efficiency for FX, Futures and Fixed Income market participants. Its SaaS/on-premises software solution has a presence in all major data centres.

About NAB: National Australia Bank (NAB) is a financial services institution. We’re here to serve customers well and help our communities prosper. Today, we have more than 31,000 people serving eight million customers at more than 900 locations. As Australia’s largest business bank, our business experts work with small, medium and large businesses to help them grow.

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Starline Expands Busbar Offering With New XCP High Power Busbars

New Busbars Provide Mission-Critical Facilities Exceptional Flexibility, Performance, and Safety For The Most Demanding Critical Power Applications

XCP High Power Busbar

Starline offers complete High Performance (XCP-HP) and Standard Performance (XCP-S) solutions that are specifically designed to meet ever-changing power requirements.

READING, United Kingdom, Sept. 13, 2021 (GLOBE NEWSWIRE) — Starline, a Legrand company and world leader in the development of customizable power distribution systems, today unveiled the XCP High Power Busbar, designed for data centre grey space. The new offering is ideal for installations that require 630-6300 amps for continuous duty at 1000V and ambient operating temperature up to 55 degrees—all while being deployed within extremely compact dimensions. Complementing the operational features, the XCP High Power Busbar’s proprietary software guarantees fast and accurate layout/REVIT development.

Starline offers complete High Performance (XCP-HP) and Standard Performance (XCP-S) solutions that are specifically designed to meet ever-changing power requirements with industry-leading flexibility, performance, and safety. More specifically, the new XCP High Power Busbar offers:

  • Flexibility – Extra-compact, efficient, and easy-to-install with features and accessories that help simplify the planning and design of mission-critical infrastructures. With copper or aluminum conductors, a full range of components and power connections, as well as tap-offs up to 1250 amps—the XCP product line can be configured and customized for any project design, including multi-floor distribution.
  • Performance – A unique design using high-end materials that enables industry-leading ambient temperature ratings, low electrical losses, and negligible electromagnetic emissions resulting in world-class reliability and cost savings.
  • Safety – Certified and manufactured in accordance with IEC 61439-1 & 6 and contains features such as fire and seismic resistance, high short-circuit ratings, excellent ingress protection, and superior insulation technology to help ensure the operations team safety.

The pace of data centre construction continues to quicken as end-users grow impatient for new compute, storage, and processing. Frost & Sullivan forecasts $432.14 billion will be invested in the data centre market by 2025, up from $244.74 billion in 2019. In addition, there will be increased investments by data centre operators, and strong growth in emerging economies will serve as key market drivers. The Asia-Pacific region will become the largest market by 2025, followed by North America and EMEA. This high growth rate underscores the need to pre-design as much of the facility as possible to ensure construction deadlines are met and the XCP High Power Busbar is an ideal solution.

“Data centres are being designed and built as quickly as possible today and with Starline’s PSSL busbar layout software having the ability to work with BIM models and AutoCAD, it is easy to pre-design busbar runs in order to meet aggressive on-site project schedules,” said John Berenbrok, Senior Product Manager for Data Centers, Starline.

The XCP High Power Busbar is currently shipping. For more information please contact emea@starlinepower.com or visit starlinepower.com/highpowerbusbar.

About Starline
Starline, a brand of Legrand, is a world leader in the development of customizable power distribution systems. Industry innovators for more than 95 years, the company’s premium, flexible products are designed to fit the electrical power needs of any business in any industry. One of the only companies dedicated exclusively to flexible power distribution products, Starline’s products have revolutionized electrical power distribution in data centers, industrial manufacturing facilities, retail chains, and grocery stores worldwide. For more information, visit starlinepower.comLinkedIn, or Twitter.

About Legrand and Legrand, North and Central America
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and sustainable growth driven by acquisitions and innovation, with a steady flow of new offerings—including Eliot* connected products with enhanced value in use. Legrand reported sales of €6.1 billion in 2020. Legrand has a strong presence in North and Central America, with a portfolio of well-known market brands and product lines. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes. (code ISIN FR0010307819).
https://www.legrandgroup.com

For more information, contact:
Betsey Rogers
Public Relations
BridgeView Marketing
603-821-0809
betsey@bridgeviewmarketing.com

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TrueCommerce Acquires DiCentral

Acquisition creates the most feature-rich, global, cloud-based, multienterprise supply chain network

PITTSBURGH, Sept. 13, 2021 (GLOBE NEWSWIRE) — TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration, and omnichannel solutions, announced today that it has acquired DiCentral, a leading global B2B and API solutions provider. This acquisition enables TrueCommerce to fuel the growth of its leading global network, deepen its solutions portfolio, and expand its global geographic footprint.

This acquisition further cements TrueCommerce’s position as a leader in the digital supply chain collaboration and connectivity space. By leveraging the combined company’s expertise in automation, digitalization, and integration, TrueCommerce is uniquely positioned to transform the way its customers do business, with value-added solutions designed to tackle complex supply chain and eCommerce challenges, streamline operations, and increase profitability.

Known for simplifying complex API and EDI business challenges, DiCentral adds 30,000 connections to TrueCommerce’s Global Commerce Network, plus nearly 5,000 customers from a diverse base. The combined TrueCommerce network now expands to 160,000 connections and nearly 18,000 customers. Combining the strengths of both companies creates an unmatched network and innovative solution offering that empowers customers to digitize, expand, and grow their businesses like never before.

“Together, we offer intuitive integrated solutions and connectivity that solve the challenges our customers face in growing their business across an increasingly digitized, global, and complex supply chain,” said John Fay, CEO of TrueCommerce.

The acquisition fuels TrueCommerce’s vision for global growth with expanded services and integrations, including:

  • Expanded cloud-based global supply chain network
  • Increased API connectivity to key 3rd party solutions
  • An enhanced set of integrated SaaS applications and tools
  • Powerful iPaaS capabilities
  • A more extensive supply chain visibility solution
  • Extended geographic footprint
  • A more comprehensive retail drop ship program
  • Tighter integration with cloud-based SMB & enterprise-level ERPs
  • Accelerated deployment and ROI for customers

“I am thrilled to be joining the TrueCommerce leadership team and working alongside John Fay and Todd Johnson to seamlessly bring the two companies together,” said Thuy Mai, CEO of DiCentral. “We see this as a win-win for both TrueCommerce and DiCentral customers. The resulting increase in global network connectivity, commerce solutions, applications, and tools provides an unmatched offering for customers looking to grow their businesses.”

Mr. Mai will become a member of the TrueCommerce executive leadership team, serving as Co-Chief Strategy Officer of TrueCommerce. Todd Johnson will serve as the new CEO of DiCentral in addition to his current role as President and COO of TrueCommerce. John Fay will continue to serve as CEO of the combined company.

“DiCentral’s offerings strengthen our multienterprise commerce network, which already empowers businesses of all sizes to grow both domestically and internationally,” said Todd Johnson, CEO of DiCentral and President and COO of TrueCommerce. “I’m looking forward to working with the DiCentral team and continuing to provide best-in-class solutions and services to our customers.”

Ryan Harper, General Partner at Welsh, Carson, Anderson & Stowe (WCAS), a leading technology-focused private equity firm that recently acquired TrueCommerce, remarked, “We are confident that TrueCommerce is on track to becoming the global leader in supply chain collaboration, connectivity and omnichannel solutions. We continue to support the strategy of combining organic growth with focused, strategic acquisitions that expand the depth and breadth of new and existing segments, geographies, and capability areas.”

WCAS acquired TrueCommerce in November 2020 from Accel-KKR (AKKR). AKKR remains a minority shareholder of TrueCommerce. DiCentral was advised by DC Advisory.

About TrueCommerce
TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI, to inventory management, to fulfillment, to digital storefronts and marketplaces. We’ve revolutionized supply chain visibility and collaboration by helping organizations make the most of their omnichannel initiatives via business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross-functional analytics, and product information management.

The TrueCommerce Global Commerce Network can connect businesses to over 130,000 retailers, distributors, and logistics service providers. As a fully managed services provider, we also manage new trading partner onboarding, as well as the ongoing management of partner-specific mapping, labeling changes, and communications monitoring. That’s why thousands of companies—ranging from startups to the global Fortune 100, across various industries—rely on us.

TrueCommerce: Do business in every direction
For more information, visit www.truecommerce.com

About DiCentral
Founded in 2000, DiCentral is a leading global provider of business-to-business and application integration solutions, with over two decades of experience solving complex EDI and API challenges. As market conditions continue to fluctuate and technology is deployed to manage process changes, leading organizations rely on DiCentral’s cloud-based integration platform and a global team of specialized experts to integrate and leverage data across multiple cloud and on-premises systems and applications.

Headquartered in Houston, Texas, DiCentral has 11 offices worldwide, supporting customers in more than 35 countries. DiCentral utilizes a vast library of integrations with ERPs and other applications to seamlessly exchange transactional data with trading partners worldwide to maximize ROI while maintaining existing data infrastructure. DiCentral’s services and solutions are leveraged by many Fortune 1000 companies, processing over $200 billion in transactions for over 30,000 organizations worldwide. For more information, visit www.dicentral.com.

About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: technology and healthcare. Since its founding in 1979, the firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. The firm has raised and managed funds totaling over $27 billion of committed capital. For more information, please visit www.wcas.com.

About Accel-KKR
Accel-KKR is a technology-focused investment firm with over $10 billion in capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. In 2019 and 2020, Inc. named Accel-KKR to “PE 50 – The Best Private Equity Firms for Entrepreneurs,” its annual list of founder-friendly private equity firms. Accel-KKR is headquartered in Menlo Park with offices in Atlanta and London. Visit www.accel-kkr.com to learn more.

Media Contact

Lisa Aurichio
President, BSYA
(917) 476-8366
Lisa@bsya.com

TrueCommerce เข้าซื้อกิจการ DiCentral

การซื้อกิจการนี้ได้สร้างเครือข่ายห่วงโซ่อุปทานแบบหลายองค์กรบนระบบคลาวด์ระดับโลก

พิตต์สเบิร์ก, Sept. 13, 2021 (GLOBE NEWSWIRE) — TrueCommerce ผู้ให้บริการระบบคลาวด์ชั้นนำระดับโลกด้านการเชื่อมต่อ การบูรณาการ และโซลูชัน Omnichannel ของคู่ค้าและห่วงโซ่อุปทาน ประกาศในวันนี้ว่าบริษัทได้เข้าซื้อกิจการ DiCentral ผู้ให้บริการโซลูชัน B2B และ API ชั้นนำระดับโลก การซื้อกิจการครั้งนี้ช่วยให้ TrueCommerce สามารถขับเคลื่อนการเติบโตให้เครือข่ายชั้นนำระดับโลกของตน ขยายกลุ่มผลิตภัณฑ์โซลูชันให้หลากหลายยิ่งขึ้น และขยายขอบเขตทางภูมิศาสตร์ทั่วโลก

การซื้อกิจการครั้งนี้ช่วยตอกย้ำตำแหน่งของ TrueCommerce ในฐานะผู้นำด้านความร่วมมือด้านห่วงโซ่อุปทานดิจิทัลและพื้นที่การเชื่อมต่อ การใช้ประโยชน์จากความเชี่ยวชาญของบริษัทในด้านระบบอัตโนมัติ การแปลงเป็นระบบดิจิทัล และการบูรณาการ ทำให้ TrueCommerce อยู่ในตำแหน่งที่ได้เปรียบในการเปลี่ยนโฉมวิธีดำเนินธุรกิจของลูกค้า ด้วยโซลูชันเสริมที่ออกแบบมาเพื่อจัดการกับความท้าทายของห่วงโซ่อุปทานและอีคอมเมิร์ซที่ซับซ้อน เพิ่มความคล่องตัวในการดำเนินงาน และเพิ่มผลกำไร

DiCentral นั้นมีชื่อเสียงด้านการลดความซับซ้อนของความท้าทายทางธุรกิจของ API และ EDI ได้เพิ่ม 30,000 การเชื่อมต่อให้กับเครือข่ายการค้าทั่วโลกของ TrueCommerce รวมทั้งลูกค้าเกือบ 5,000 รายจากฐานที่หลากหลาย ตอนนี้เครือข่าย TrueCommerce ทั้งหมดได้ขยายเป็น 160,000 การเชื่อมต่อ และลูกค้าเกือบ 18,000 ราย การรวมจุดแข็งของทั้งสองบริษัทเข้าด้วยกันทำให้เกิดเครือข่ายที่ไม่มีใครเทียบได้ และการนำเสนอโซลูชันล้ำสมัยที่ช่วยลูกค้าในการเปลี่ยนให้เป็นดิจิทัล ขยาย และพัฒนาธุรกิจของตนอย่างไม่เคยมีมาก่อน

“เราร่วมกันนำเสนอโซลูชันการเชื่อมต่อแบบรวมที่ใช้ง่าย และการเชื่อมต่อที่รับมือกับความท้าทายที่ลูกค้าของเราเผชิญในการขยายธุรกิจของพวกเขา ในห่วงโซ่อุปทานที่เป็นดิจิทัล เป็นระดับโลก และซับซ้อนยิ่งขึ้น” John Fay, CEO ของ TrueCommerce กล่าว “เรามุ่งมั่นที่จะยกระดับและสนับสนุนแพลตฟอร์มของ DiCentral และผมยินดีที่จะต้อนรับลูกค้าและทีมงานที่มีความสามารถของ DiCentral สู่ครอบครัว TrueCommerce”

การเข้าซื้อกิจการนี้จะช่วยขับเคลื่อนวิสัยทัศน์ของ TrueCommerce ด้านการเติบโตทั่วโลก ด้วยการขยายบริการและการบูรณาการ ซึ่งรวมถึง:

  • ขยายเครือข่ายห่วงโซ่อุปทานทั่วโลกบนระบบคลาวด์
  • เพิ่มการเชื่อมต่อ API กับโซลูชันที่สำคัญของบุคคลที่สาม
  • ชุดแอปพลิเคชันและเครื่องมือ SaaS แบบผสานรวมที่ได้รับการปรับปรุง
  • ความสามารถด้าน iPaaS ประสิทธิภาพสูง
  • โซลูชันทัศนวิสัยห่วงโซ่อุปทานที่ครอบคลุมยิ่งขึ้น
  • ขยายขอบเขตทางภูมิศาสตร์
  • โปรแกรม Drop Ship การขายปลีกที่ครอบคลุมมากขึ้น
  • การบูรณาการที่แน่นแฟ้นยิ่งขึ้นด้วย SMB บนระบบคลาวด์และ ERP (การวางแผนการจัดการทรัพยากรขององค์กร) ระดับองค์กร
  • เพิ่มความรวดเร็วในการปรับใช้และ ROI สำหรับลูกค้า

“ผมตื่นเต้นที่จะได้เข้าร่วมทีมผู้นำของ TrueCommerce และทำงานร่วมกับ John Fay และ Todd Johnson เพื่อช่วยผสานทั้งสองบริษัทเข้าด้วยกันอย่างราบรื่น” Thuy Mai, CEO ของ DiCentral กล่าว “เรามองว่านี่เป็นผลประโยชน์สำหรับทั้งลูกค้าของ TrueCommerce และ DiCentral การเพิ่มขึ้นของการเชื่อมต่อเครือข่ายทั่วโลก โซลูชันการค้า แอปพลิเคชัน และเครื่องมือต่างๆ ได้ให้ข้อเสนอที่ไม่มีใครเทียบได้ให้กับลูกค้าที่ต้องการขยายธุรกิจของตน”

Mr. Mai จะเข้าเป็นสมาชิกของทีมผู้บริหารระดับสูงของ TrueCommerce และดำรงตำแหน่งประธานเจ้าหน้าที่ฝ่ายกลยุทธ์ร่วมของ TrueCommerce Todd Johnson จะดำรงตำแหน่ง CEO คนใหม่ของ DiCentral นอกเหนือจากบทบาทปัจจุบันของเขาคือประธานและ COO ของ TrueCommerce John Fay จะยังปฏิบัติหน้าที่ในตำแหน่ง CEO หลังจากที่รวมบริษัทแล้ว

“ข้อเสนอของ DiCentral ได้ช่วยเสริมความแข็งแกร่งให้กับเครือข่ายการค้าแบบหลายองค์กรของเรา ซึ่งช่วยให้ธุรกิจขนาดต่างๆ เติบโตทั้งในและต่างประเทศ” Todd Johnson, CEO ของ DiCentral และประธานและ COO ของ TrueCommerce กล่าว “ผมรอคอยที่จะร่วมงานกับทีม DiCentral และให้บริการโซลูชันและบริการที่ดีที่สุดแก่ลูกค้าของเราต่อไป”

Ryan Harper หุ้นส่วนทั่วไปของ Welsh, Carson, Anderson & Stowe (WCAS) บริษัทลงทุนในบริษัทนอกตลาดชั้นนำที่มุ่งเน้นด้านเทคโนโลยีที่ได้เข้าซื้อกิจการ TrueCommerce เมื่อไม่นานมานี้ ได้กล่าวว่า “เรามั่นใจว่า TrueCommerce กำลังอยู่ในเส้นทางสู่การเป็นผู้นำระดับโลกในด้านความร่วมมือด้านห่วงโซ่อุปทาน การเชื่อมต่อ และโซลูชัน Omnichannel เรายังคงสนับสนุนกลยุทธ์ในการผสานรวมการเติบโตตามธรรมชาติเข้ากับการเข้าซื้อกิจการเชิงกลยุทธ์ที่มีเป้าหมายชัดเจน ที่เพิ่มทั้งความลึกและความกว้างของภาคส่วน ภูมิศาสตร์ และด้านความสามารถใหม่และที่มีอยู่แล้ว”

WCAS เข้าซื้อกิจการ TrueCommerce ในเดือนพฤศจิกายน 2020 จาก Accel-KKR (AKKR) ซึ่ง AKKR ยังคงเป็นผู้ถือหุ้นรายย่อยของ TrueCommerce โดย DiCentral ได้รับคำแนะนำจาก DC Advisory

เกี่ยวกับ TrueCommerce
TrueCommerce คือวิธีที่สมบูรณ์แบบที่สุดในการเชื่อมต่อธุรกิจของคุณทั่วทั้งห่วงโซ่อุปทาน โดยผสานรวมทุกอย่างตั้งแต่ EDI ไปจนถึงการจัดการสินค้าคงคลัง การเติมเต็ม ไปจนถึงหน้าร้านและตลาดแบบดิจิทัล เราได้ปฏิวัติทัศนวิสัยห่วงโซ่อุปทานและการทำงานร่วมกันด้วยการช่วยให้องค์กรต่างๆ ใช้ประโยชน์จากความคิดริเริ่มจากทุกช่องทางผ่านการเชื่อมต่อ P2P ทางธุรกิจ การจัดการคำสั่งซื้อ การเติมเต็มอย่างร่วมมือกัน การเติมเต็มที่ชาญฉลาด การวิเคราะห์ข้ามสายงาน และการจัดการข้อมูลผลิตภัณฑ์

TrueCommerce Global Commerce Network สามารถเชื่อมต่อธุรกิจต่างๆ กับผู้ค้าปลีก ผู้จัดจำหน่าย และผู้ให้บริการด้านโลจิสติกส์กว่า 130,000 ราย ในฐานะผู้ให้บริการที่มีการจัดการเต็มรูปแบบ เรายังจัดการการเริ่มต้นใช้งานคู่ค้ารายใหม่ ตลอดจนการจัดการการแมปสำหรับคู่ค้าโดยเฉพาะ การเปลี่ยนฉลาก และการติดตามการสื่อสารอย่างต่อเนื่อง นั่นเป็นเหตุผลที่บริษัทหลายพันแห่ง ตั้งแต่ระดับสตาร์ทอัพไปจนถึงระดับโลกที่ติดอันดับ Fortune 100 ในอุตสาหกรรมต่างๆ ไว้วางใจเรา

TrueCommerce: ดำเนินธุรกิจในทุกทิศทาง
สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.truecommerce.com

เกี่ยวกับ DiCentral
DiCentral ก่อตั้งขึ้นในปี 2000 เป็นผู้ให้บริการชั้นนำระดับโลกด้านโซลูชันการผสานรวมแบบ Business-to-Business และแอปพลิเคชัน โดยมีประสบการณ์ด้านการแก้ปัญหา EDI และ API ที่ซับซ้อนนานกว่าสองทศวรรษ ในขณะที่สภาวะตลาดยังคงมีความผันผวน และมีการใช้เทคโนโลยีเพื่อจัดการการเปลี่ยนแปลงของกระบวนการ องค์กรชั้นนำต่างพึ่งพาแพลตฟอร์มการผสานรวมที่ใช้ระบบคลาวด์ของ DiCentral และทีมผู้เชี่ยวชาญระดับโลกด้านการผสานรวมและใช้ประโยชน์จากข้อมูลในระบบคลาวด์และแอปพลิเคชันภายในองค์กรที่หลากหลาย

DiCentral มีสำนักงานใหญ่อยู่ที่ฮุสตัน รัฐเท็กซัส และมีสำนักงาน 11 แห่งทั่วโลก ที่ให้การสนับสนุนลูกค้าในกว่า 35 ประเทศ DiCentral ใช้ไลบรารีการผสานรวมกับ ERP และแอปพลิเคชันอื่นๆ ขนาดใหญ่ เพื่อแลกเปลี่ยนข้อมูลทางธุรกรรมกับคู่ค้าทั่วโลกอย่างราบรื่น เพื่อเพิ่ม ROI และรักษาโครงสร้างพื้นฐานข้อมูลที่มีอยู่ไว้ บริษัทต่างๆ ที่ติดอันดับ Fortune 1000 จำนวนมาก ต่างใช้ประโยชน์บริการและโซลูชันของ DiCentral ที่ประมวลผลธุรกรรมกว่า 2 แสนล้านดอลลาร์ให้องค์กรมากกว่า 30,000 แห่งทั่วโลก สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.dicentral.com

เกี่ยวกับ Welsh, Carson, Anderson & Stowe
WCAS เป็นบริษัทลงทุนในบริษัทนอกตลาดของสหรัฐอเมริกาที่มุ่งเน้นในสองอุตสาหกรรมเป้าหมาย: เทคโนโลยีและการดูแลสุขภาพ ตั้งแต่ก่อตั้งขึ้นในปี 1979 บริษัทมีกลยุทธ์คือการสร้างพันธมิตรกับทีมผู้บริหารที่โดดเด่น และสร้างมูลค่าให้กับนักลงทุนผ่านการผสมผสานของการปรับปรุงการดำเนินงาน การริเริ่มการเติบโต และการเข้าซื้อกิจการเชิงกลยุทธ์ บริษัทได้ระดมทุนและจัดการกองทุนรวมกว่า 2 หมื่น 7 พันล้านดอลลาร์จากเงินทุนที่ตกลงกันไว้ สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.wcas.com

เกี่ยวกับ Accel-KKR
Accel-KKR เป็นบริษัทการลงทุนที่มุ่งเน้นด้านเทคโนโลยี โดยมีภาระผูกพันด้านเงินทุนมากกว่า 1 หมื่นล้านดอลลาร์ บริษัทมุ่งเน้นที่ธุรกิจซอฟต์แวร์และเทคโนโลยี ซึ่งอยู่ในตำแหน่งที่เหมาะสมสำหรับการเติบโตของยอดขาย (Topline) และกำไร (Bottom-line) หัวใจสำคัญของกลยุทธ์การลงทุนของ Accel-KKR คือความมุ่งมั่นในการพัฒนาความร่วมมือที่แข็งแกร่งกับทีมผู้บริหารของบริษัทในพอร์ตลงทุน และการมุ่งเน้นการสร้างมูลค่า ควบคู่ไปกับการจัดการโดยใช้ประโยชน์จากทรัพยากรที่สำคัญที่มีอยู่ผ่านเครือข่าย Accel-KKR Accel-KKR มุ่งเน้นที่บริษัทในตลาดระดับกลาง และให้บริการโซลูชันด้านเงินทุนที่หลากหลาย รวมถึงทุนซื้อคืน การลงทุนส่วนน้อย และทางเลือกสินเชื่อ Accel-KKR ยังลงทุนในประเภทธุรกรรมที่หลากหลาย รวมถึงการเพิ่มทุนของบริษัทเอกชน การแบ่งแยกส่วน และธุรกรรมนอกตลาดหลักทรัพย์ ในปี 2019 และ 2020 Inc. ได้เลือก Accel-KKR ให้เป็น “PE 50 – The Best Private Equity Firms for Entrepreneurs” ซึ่งเป็นรายชื่อของบริษัทเอกชนแห่งปีที่เป็นมิตรกับผู้ก่อตั้ง Accel-KKR มีสำนักงานใหญ่อยู่ที่ Menlo Park และมีสำนักงานในแอตแลนตาและลอนดอน โปรดไปที่ www.accel-kkr.com เพื่อเรียนรู้เพิ่มเติม

ติดต่อด้านสื่อ

Lisa Aurichio
President, BSYA
(917) 476-8366
Lisa@bsya.com

WillScot Mobile Mini Holdings to Participate in the DA Davidson Diversified Industrials & Services Conference

PHOENIX, Sept. 13, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer, and Tim Boswell, President & Chief Financial Officer, will be hosting private meetings during the DA Davidson Diversified Industrials & Services Conference on Wednesday, September 22, 2021.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 275 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk
scott.junk@willscotmobilemini.com

Verisk’s AIR Worldwide Updates Losses for Hurricane Ida to Include Impacts of Inland Flooding

Wind and storm surge losses will range from USD 17 to USD 25 billion, and private-market insured losses from inland flooding will range from USD 2.5 billion to USD 5 billion

BOSTON, Sept. 13, 2021 (GLOBE NEWSWIRE) — Extreme event modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida after analyzing the inland flood impacts across the entirety of its track, including the Northeast. AIR now estimates that Ida’s insured industry losses will range from USD 20 billion to USD 30 billion. AIR estimates wind and storm surge losses will range from USD 17 to USD 25 billion, and private-market insured losses from inland flooding will range from USD 2.5 billion to USD 5 billion.

Included in the estimates are losses to onshore residential, commercial, industrial properties, and automobiles for their building, contents, and time element coverage, as well as estimated insurance take-up rates for wind and flood across the entirety of Ida’s track, including the flooding that occurred in the Northeast. AIR’s losses do not include any estimate of losses from the National Flood Insurance Program, or any losses from offshore assets. The industry loss estimates also reflect an adjustment to account for increased material and other repair costs in the current construction market.

Hurricane Ida made its first landfall as a Category 4 storm near Port Fourchon, Louisiana, about 60 miles south of New Orleans, at 11:55 a.m. CDT that day, with a maximum sustained wind speed of 150 mph. Ida made a second landfall just hours later at 2 p.m. CDT southwest of Galliano, Louisiana, with a maximum sustained wind speed of 145 mph. The storm produced heavy rains and dangerous storm surge.

The remnants of Hurricane Ida doused the Northeast and caused flooding damage and disruption across the region. Flooding was reported from Pennsylvania to Massachusetts, with New York, New Jersey, and Pennsylvania bearing the brunt of the impact.

In addition to the precipitation-induced flood impacts, damage was reported across several states due to hurricane-spun tornadoes. Further, some of the neighborhoods across the inland and northeastern states saw damage resulting from trees falling on homes. There were reports of many trees uprooting due to antecedent saturated soil conditions due to rainfall from Hurricane Henri a few weeks ago. Claims arising from these would be paid under the wind category.

According to AIR and Xactware analyses, materials costs have gone up significantly in the past year from supply chain disruption in the construction market. Although these costs have moderated since their peak in July when they were 80% higher than September of last year, they remain about 30% higher. (Click this Xactware link for more details.) Repair costs are still up significantly.

Reconstruction costs are more expensive today than they were a year ago. The increase in the total reconstruction cost index means that costs are higher on average nationally; this affects the low- as well as the high-severity events. The difference in magnitude of the impact will come from the mix of construction materials used. For example, minor wind losses are less likely to require repairs that use more expensive inputs such as structural lumber; however, dwellings that are a total loss would require a broader mix of inputs that reflect the higher increases indicated by the total reconstruction index. These increases are outside the scope of demand surge, which tries to answer the cost increase question from a post–extreme event perspective. Therefore, companies should bear these increases in mind and should expect the average claim to be higher before considering demand surge.

An additional source of uncertainty related to materials cost demand surge is the cost of diesel fuel, which has been impacted by the shutdown of refineries during Ida; this fuel would be used to transport materials. While some of these facilities were undamaged, the uncertainty around the timing of the restoration of the power grid and lack of electricity in the meantime is going to keep some of them from coming back online and contributing to the diesel fuel supply. For more details, click this Wood Mackenzie link.

AIR’s modeled insured loss estimates include:

  • Insured physical damage to property (residential, commercial, industrial, auto), both structures and their contents from winds, wind-borne debris, storm surge, and precipitation induced flooding
  • Additional living expenses (ALE) for residential lines and business interruption losses for commercial lines
  • A 5% leakage is assumed to estimate the amount of damage/losses caused by storm surge attributed to wind for residential lines
  • The losses reflect the insured estimates of precipitation-induced flood supported by the private flood residential market
  • The loss estimates for commercial and industrial lines reflect insured estimates of precipitation-induced flood and storm surge, which is a combination of leakage and take-up depending on the market segment
  • For the automobile line, estimates reflect AIR’s view that insurers will pay for all the precipitation-induced flood and storm surge damage in addition to damage from wind

AIR’s modeled insured loss estimates do not include:

  • Losses paid out by the National Flood Insurance Program
  • Losses arising from hurricane-spun tornadoes, particularly in the inland and northeastern states impacted by Hurricane Ida
  • Losses arising from trees uprooting and falling on homes due to saturated soil conditions in parts of the impacted inland and northeastern states, some of which could end up being paid as wind-related claims
  • Losses to inland marine, ocean-going marine cargo and hull, and pleasure boats
  • Losses to uninsured properties
  • Losses to infrastructure
  • Losses from extra-contractual obligations
  • Losses from hazardous waste cleanup, vandalism, or civil commotion, whether directly or indirectly caused by the event
  • Loss adjustment expenses
  • Losses for U.S. offshore assets and non-U.S. property

About AIR Worldwide
AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on AIR’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, longevity modeling, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com

Kevin Long
AIR Worldwide
617-267-6645
klong@air-worldwide.com