Omni

Omni Logistics Files Lawsuit Against Forward Air to Enforce Merger Agreement

Retrieved on: 
Tuesday, October 31, 2023

DALLAS, Oct. 31, 2023 /PRNewswire/ -- Omni Logistics ("Omni"), a technology-driven provider of global multimodal logistics solutions and specialized services, today announced that it has filed a complaint in the Delaware Court of Chancery against Forward Air Corporation (NASDAQ: FWRD) ("Forward Air") regarding the companies' previously announced transaction.

Key Points: 
  • Omni's lawsuit seeks specific performance under the Agreement and Plan of Merger between Omni and Forward Air dated August 10, 2023 (the "Merger Agreement"), requiring Forward Air to comply with its obligations to complete the transaction.
  • The complaint also seeks a judicial declaration confirming that Omni has complied with all required provisions of the Merger Agreement.
  • In conjunction with the complaint, Omni issued an open letter to the shareholders of Forward Air.
  • Dear Shareholders of Forward Air,
    This afternoon, Omni Logistics filed a lawsuit in the Delaware Court of Chancery seeking to require Forward Air to comply with their obligations to complete our previously announced combination.

PREFERABLI, THE LEADING AI-DRIVEN SOFTWARE COMPANY IN THE WINE AND SPIRITS INDUSTRY, ANNOUNCES GENERATIVE AI CAPABILITY

Retrieved on: 
Tuesday, October 31, 2023

SYRACUSE, N.Y., Oct. 31, 2023 /PRNewswire/ -- Preferabli, the leading AI-driven product discovery and recommendation software company in the wine and spirits industry, announces Generative Artificial Intelligence (GenAI) capability. In this ground-breaking technical development, Preferabli makes it possible for enterprises to offer their customers truly personalized experiences using natural language – at scale.

Key Points: 
  • SYRACUSE, N.Y., Oct. 31, 2023 /PRNewswire/ -- Preferabli, the leading AI-driven product discovery and recommendation software company in the wine and spirits industry, announces Generative Artificial Intelligence (GenAI) capability.
  • For its GenAI capability, Preferabli has built upon open-source large language models using its patented form of machine learning.
  • "We bring both sides of the brain together in how our software works – applied mathematics and holistic thinking.
  • Our software extends the bounds of what human beings can do to create true and lasting relationships in the complex world of wine, beer and spirits.

Global Retail Omni-Channel Commerce Platform Business Analysis Report 2023-2030 - Mobile Shopping Apps Take Top Priority in Omnichannel Retailing

Retrieved on: 
Tuesday, October 31, 2023

DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Retail Omni-Channel Commerce Platform - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Retail Omni-Channel Commerce Platform - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Growth in the Order Management segment is estimated at 11.5% CAGR for the next 8-year period.
  • The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 21.4% CAGR
    The Retail Omni-Channel Commerce Platform market in the U.S. is estimated at US$2.4 Billion in the year 2022.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.1% respectively over the 2022-2030 period.

Omni Bridgeway more than doubles the size of its London investment team

Retrieved on: 
Tuesday, October 31, 2023

LONDON, Oct. 31, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce a substantial expansion of its operations in the UK with the addition of six individuals in London, bringing the total team to 11.

Key Points: 
  • LONDON, Oct. 31, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce a substantial expansion of its operations in the UK with the addition of six individuals in London, bringing the total team to 11.
  • Gian joins Omni Bridgeway from a UK-based global litigation funder where he was Chief Investment Officer.
  • "Omni Bridgeway is the world's leading funder and these appointments solidify our position," notes Raymond van Hulst , Managing Director and CEO.
  • "Collectively, the London team bring decades of funding industry experience," remarks Managing Director and Chief Investment Officer EMEA, Hannah van Roessel .

Omni Bridgeway more than doubles the size of its London investment team

Retrieved on: 
Tuesday, October 31, 2023

LONDON, Oct. 31, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce a substantial expansion of its operations in the UK with the addition of six individuals in London, bringing the total team to 11.

Key Points: 
  • LONDON, Oct. 31, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce a substantial expansion of its operations in the UK with the addition of six individuals in London, bringing the total team to 11.
  • Gian joins Omni Bridgeway from a UK-based global litigation funder where he was Chief Investment Officer.
  • "Omni Bridgeway is the world's leading funder and these appointments solidify our position," notes Raymond van Hulst , Managing Director and CEO.
  • "Collectively, the London team bring decades of funding industry experience," remarks Managing Director and Chief Investment Officer EMEA, Hannah van Roessel .

3D Sensors Market size worth $ 27.7 Billion, Globally, by 2030 at 21.64% CAGR: Verified Market Research®

Retrieved on: 
Monday, October 30, 2023

JERSEY CITY, N.J., Oct. 30, 2023 /PRNewswire/ -- The Global 3D Sensors Market is projected to grow at a CAGR of 21.64% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.7 Billion in 2022 and is expected to reach USD 27.7 Billion by the end of the forecast period.

Key Points: 
  • The " Global 3D Sensors Market Size By Type, By Technology, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global 3D Sensors Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global 3D Sensors Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global 3D Sensors Market into Type, Technology, And Geography.

3D Sensors Market size worth $ 27.7 Billion, Globally, by 2030 at 21.64% CAGR: Verified Market Research®

Retrieved on: 
Monday, October 30, 2023

JERSEY CITY, N.J., Oct. 30, 2023 /PRNewswire/ -- The Global 3D Sensors Market is projected to grow at a CAGR of 21.64% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.7 Billion in 2022 and is expected to reach USD 27.7 Billion by the end of the forecast period.

Key Points: 
  • The " Global 3D Sensors Market Size By Type, By Technology, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global 3D Sensors Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global 3D Sensors Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global 3D Sensors Market into Type, Technology, And Geography.

Introducing Ocean Spray® Zero Sugar, A New, Bold-Flavored Juice Option with No Artificial Sweeteners*

Retrieved on: 
Monday, October 30, 2023

BOSTON, Oct. 30, 2023 /PRNewswire/ -- Ocean Spray Cranberries, Inc., the agricultural cooperative owned by roughly 700 farmer families, has today announced the launch of Ocean Spray® Zero Sugar Juice Drink, the first beverage from Ocean Spray with bold flavor, 0g of sugar, and no artificial sweeteners*.

Key Points: 
  • The launch of Ocean Spray® Zero Sugar marks the first national brand to introduce a zero-sugar product with no artificial sweeteners in the shelf-stable juice aisle.
  • BOSTON, Oct. 30, 2023 /PRNewswire/ -- Ocean Spray Cranberries, Inc ., the agricultural cooperative owned by roughly 700 farmer families, has today announced the launch of Ocean Spray® Zero Sugar Juice Drink, the first beverage from Ocean Spray with bold flavor, 0g of sugar, and no artificial sweeteners*.
  • Ocean Spray® Zero Sugar Juice Drink will be available in two flavors, Ocean Spray's iconic Cranberry flavor and Mixed Berry, a new flavor to the brand's beverage portfolio.
  • Earlier this year, Ocean Spray launched another "better-for-you" juice line, which includes Immunity Cranberry Blueberry Acai, Immunity Orange Mango, and Ocean Spray® Revitalize Cranberry Pineapple Juice Drink.

Omnicom Acquires Digital Commerce Powerhouse Flywheel

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Key Points: 
  • NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million.
  • Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands.
  • For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface.
  • Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces.

Omnicom Acquires Digital Commerce Powerhouse Flywheel

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Key Points: 
  • NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential (LSE: ASCL.L), for a net cash purchase price of approximately $835 million.
  • Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands.
  • For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface.
  • Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces.