Veritas | Jotup

ExaGrid Appoints Sam Elbeck as VP of Americas Sales and Channel Partners

Retrieved on:

Thursday, April 4, 2024

Data Management, Security, Technology, Other Technology, Networks, Hardware, Growth, ExaGrid, Business development, Symantec, IBM, Market, Veritas, Cassette tape

ExaGrid ®, the industry’s only Tiered Backup Storage solution, today announced the appointment of Sam Elbeck as the new VP of Americas Sales and Channel Partners.

Key Points:

ExaGrid ®, the industry’s only Tiered Backup Storage solution, today announced the appointment of Sam Elbeck as the new VP of Americas Sales and Channel Partners.
“I am looking forward to working with the ExaGrid sales teams throughout the Americas, and help ExaGrid accelerate its growth within the $6 billion backup storage market,” said Sam Elbeck.
Sam Elbeck recently joined ExaGrid after his position as VP of Sales and Partnerships Americas for Arcserve, and prior to that he was Senior Global Director of Sales for Digital Compliance and SaaS Backup at Veritas.
Sam was also VP of Sales and Business Development for Globanet, and held sales and technical leadership roles at both Symantec and IBM.

Bureau Veritas Undertakes a Buyback of c.0.8% of Its Shares Under the Accelerated Placement Announced by Wendel

Retrieved on:

Thursday, April 4, 2024

Supply Chain Management, Consumer Electronics, Retail, Technology, Manufacturing, Other Technology, Other Manufacturing, Annual, EUR, TIC, Share repurchase, Bureau Veritas, Acquisition, Capital market, Veritas, Inspection, Security (finance)

This buyback is carried out by way of participation in the accelerated bookbuilding process to institutional investors, including Lac1, managed by Bpifrance, as announced by Wendel today.

Key Points:

This buyback is carried out by way of participation in the accelerated bookbuilding process to institutional investors, including Lac1, managed by Bpifrance, as announced by Wendel today.
Wendel remains Bureau Veritas’ largest shareholder after the completion of this transaction, with c.26% of the share capital and c.41% of the voting rights.
Lac1, managed by Bpifrance, will become a new cornerstone investor with c.4% of the share capital.
The share buyback price will be equal to the price resulting from the placement procedure and the building of the order book.

Bureau Veritas Accelerates M&A and Strengthens Its Position in the Electrical and Electronics Consumer Products Testing in South and North-East Asia

Retrieved on:

Wednesday, March 20, 2024

Supply Chain Management, Consumer Electronics, Retail, Technology, Manufacturing, Other Technology, Other Manufacturing, TIC, Growth, Calibration, Bureau Veritas, Electricity, Laboratory, Safety, Veritas, Inspection, Video game

“ONETECH CORP.” and “KOSTEC Co., Ltd”, provide services to a wide portfolio of domestic clients in Korea, including large manufacturers, exporters, and brands for electrical and electronic products, household appliances, and new mobility products.

Key Points:

“ONETECH CORP.” and “KOSTEC Co., Ltd”, provide services to a wide portfolio of domestic clients in Korea, including large manufacturers, exporters, and brands for electrical and electronic products, household appliances, and new mobility products.
“Hi Physix Laboratory India Pvt.” is an electrical and electronics products testing and certification services laboratory in India, covering a large range of products including electrical and electronic products, household appliances and solar equipment.
These acquisitions enhance Bureau Veritas’ Consumer Products Services presence in South and North-East Asia, entering a large and growing domestic market with increasing regulatory requirements for quality, reliability, safety and energy efficiency.
They significantly strengthen Bureau Veritas’ Consumer Products Services presence in Korea, diversifying its current existing platform in a growing Technology market, and complement Bureau Veritas Consumer Products Services offering in India.

Calibre Intercepts High Grade Gold Mineralization at the Limon Mine Complex, Proximal to the Limon Processing Plant; Drilling Intersects Include 68.72 g/t Gold Over 2.0 Metres and 18.68 g/t Gold Over 6.0 Metres

Retrieved on:

Monday, February 26, 2024

These high-grade intercepts combined with the recent positive news from the Panteon VTEM Gold Corridor , demonstrate that the entire Limon district remains open for expansion and discovery.

Key Points:

These high-grade intercepts combined with the recent positive news from the Panteon VTEM Gold Corridor , demonstrate that the entire Limon district remains open for expansion and discovery.
Note: Estimated True Widths for reported vein intercepts are based on 3D models of the individual veins.
Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am excited by these exceptionally high-grade drill results from numerous targets at our Limon Gold Mine.
Drilling efforts have not only instilled confidence at the yet-to-be-developed Pozo Bono open pit project but have also identified underground potential along the Limon trend.

Bureau Veritas becomes the market leader in Consumer Products Services in Mexico through the acquisition of “ANCE S.A de C.V.”, a leader in the testing and certification services for Electrical and Electronics consumer products

Retrieved on:

Thursday, February 22, 2024

ANCE S.A de C.V. is the Mexican leader for conformity assessment covering many segments including electrical and electronic products, household appliances, and lighting and wireless products.

Key Points:

ANCE S.A de C.V. is the Mexican leader for conformity assessment covering many segments including electrical and electronic products, household appliances, and lighting and wireless products.
It positions Bureau Veritas Consumer Products Services as the market leader in Mexico.
Hinda Gharbi, Chief Executive Officer of Bureau Veritas, commented: “We are delighted to welcome ANCE S.A de C.V. to Bureau Veritas.
Jointly, we will offer comprehensive testing, certification and global market solutions that are truly unique in our industry.”

ExaGrid Appoints Rohan Cook as AVP of APAC Sales

Retrieved on:

Tuesday, February 13, 2024

Data Management, Security, Technology, Other Technology, Networks, Hardware, Veritas, ExaGrid, EMC, Commvault, Rohan, IBM, Cisco, Growth, SAARC, Verizon Communications, Organization, Veeam

ExaGrid ®, the industry’s only Tiered Backup Storage solution, today announced the appointment of Rohan Cook as the new AVP of Sales in the APAC region.

Key Points:

ExaGrid ®, the industry’s only Tiered Backup Storage solution, today announced the appointment of Rohan Cook as the new AVP of Sales in the APAC region.
We will be working with reseller channel partners in each of these countries to provide ExaGrid Tiered Backup Storage to more organizations in APAC to help them solve their backup challenges, ensure ransomware recovery, and protect their data,” said Rohan Cook.
Rohan Cook recently joined ExaGrid after working with technology startups for the last two years in his own business.
“We are pleased to welcome Rohan Cook, who will lead the APAC sales team and grow our partnerships in the channel throughout the region.”

Calibre Continues to Intercept Bonanza Grade Drill Results Along the Multi-Kilometre Panteon VTEM Gold Corridor at the Limon Mine Complex; Drilling Intersects Include 111.92 g/t Gold over 4.1 metres and 33.60 g/t Gold over 2.6 metres

Retrieved on:

Tuesday, January 30, 2024

Previous results led to the discovery of the Panteon North deposit which yielded over 240,000 ounces of Proven and Probable Mineral Reserves (944,000 tonnes at 9.4g/t Au).

Key Points:

Previous results led to the discovery of the Panteon North deposit which yielded over 240,000 ounces of Proven and Probable Mineral Reserves (944,000 tonnes at 9.4g/t Au).
The continued high-grade success within the Limon Complex continues to confirm the potential for resource expansion in the region.
Estimates are determined in cross-section by measuring the modelled vein thickness perpendicular to the vein margins and through the midpoint of the drill hole intercept.
Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am very pleased to see continued drilling success along the multi-kilometre VTEM Gold Corridor at Limon.

SIOS Technology Promotes Sajid Shaikh to Vice President of Engineering

Retrieved on:

Tuesday, January 30, 2024

Champaign–Urbana metropolitan area, Veritas Technologies, SAN, Gen Digital, Symantec, SIOS, Computer science, Sajid, SIOS LifeKeeper, Veritas, University, Data science, Management

SAN MATEO, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- SIOS Technology Corp ., an industry leader in application high availability (HA) and disaster recovery (DR), today announced the promotion of Sajid Shaikh to Vice President of Engineering, reporting directly to Chief Operating Officer Masahiro Arai.

Key Points:

SAN MATEO, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- SIOS Technology Corp ., an industry leader in application high availability (HA) and disaster recovery (DR), today announced the promotion of Sajid Shaikh to Vice President of Engineering, reporting directly to Chief Operating Officer Masahiro Arai.
Previously, Sajid served as SIOS’ Director of Engineering.
As VP of Engineering Sajid will lead product delivery for both SIOS LifeKeeper and SIOS DataKeeper products.
“I am thrilled to take on the role of Vice President of Engineering at SIOS, a company at the forefront of application high availability and disaster recovery,” said Sajid Shaikh.

KBRA Releases Research – CMBS Loan Performance Trends: January 2024

Retrieved on:

Monday, January 29, 2024

Banking, Professional Services, Finance, KBRA, CMBS, PRK, Loss, Veritas, LL

KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the January 2024 servicer reporting period.

Key Points:

KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the January 2024 servicer reporting period.
The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) in January meaningfully climbed from December, rising almost 10% to 4.61%.
The total delinquent and specially serviced loan rate (distress rate) also jumped more than 11% to 7.39%.
In this report, KBRA provides observations across our $317.3 billion rated universe of U.S. private label CMBS including conduits, single-asset single borrower (SASB), and large loan (LL) transactions.

Carmel Partners Announces Hiring of Bryan Crane as New CIO

Retrieved on:

Monday, January 22, 2024

Development, University, JPMorgan Chase, Executive Committee, Veritas, SAN, Investment, Economics, Business administration, CIO, Construction, Real estate, MBA, Partner (business rank), Research, Data science, Clarion Partners

SAN FRANCISCO, Jan. 22, 2024 /PRNewswire/ -- Carmel Partners ("Carmel" or "the firm") is pleased to announce Bryan Crane will be joining the firm as Chief Investment Officer and Managing Partner on January 29, 2024.

Key Points:

SAN FRANCISCO, Jan. 22, 2024 /PRNewswire/ -- Carmel Partners ("Carmel" or "the firm") is pleased to announce Bryan Crane will be joining the firm as Chief Investment Officer and Managing Partner on January 29, 2024.
Bryan is an accomplished leader with deep industry experience and an impressive track record in real estate, including more than 20 years with firms including Veritas Investments, Clarion Partners, Rockwood Capital and JPMorgan.
In addition to managing the Southern California platform, most recently Bryan served as Veritas' CIO, overseeing the firm's investment, portfolio management and asset management teams and spearheading the firm's expansion into Seattle.
"The chance to work with the accomplished team at Carmel is a very exciting opportunity," said Bryan Crane.