Consortium

RM plc: Final Results

Retrieved on: 
Wednesday, April 10, 2024
TTS, RM Education, Agility, Growth, Learning, RM, International, Educational technology, School, ERP, Sale, EVO, Consortium, Plan, IP, Assessment, Corporation, Pharmaceutical industry

RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.

Key Points: 
  • RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.
  • Strategic Portfolio Roadmap of RM developed IP, products and solutions delivered to accreditors, educators and directly to learners for adjacent solutions.
  • Continuing operations excludes the results of the RM Integris and RM Finance businesses which were sold on 31 May 2023 and have been included in discontinued operations.
  • Plans to further simplify group, de-leverage, return to growth, and enrich the RM products and solutions to greater profitability.

Genetron Health Announces Completion of Going Private Transaction

Retrieved on: 
Thursday, March 28, 2024
Slate, Bank, GTH, Letter, Form 6-K, Committee, Form, Share, LLP, ADS, Security (finance), Consortium, Parent, King & Wood Mallesons, BNY Mellon

As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and will cease to be a publicly traded company.

Key Points: 
  • As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and will cease to be a publicly traded company.
  • The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC.
  • The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC in approximately ten days following the filing of the Form 25.
  • Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the investor consortium (the “Consortium”), and King & Wood Mallesons is serving as PRC legal counsel to the Consortium.

DUANE LAWRENCE APPOINTED AS CHAIR OF THE ONETOUCH HEALTH GROUP BOARD

Retrieved on: 
Tuesday, April 9, 2024
Simplyhealth, Growth, Chairperson, Consortium, SME, Management

GALWAY, Ireland, April 9, 2024 /PRNewswire/ -- Duane Lawrence's extensive background includes spearheading global initiatives in AI diagnostics and care pathways as CEO at InferMed Limited, overseeing strategic digital marketing and SEO in the global healthtech and pharmaceutical sectors as Chairman at Spark Health, and expanding access to care with health-related financial services as Non Executive Director, SID and Chair of the Investment Committee at UK based Simplyhealth. Throughout his career, Duane has held pivotal roles as a CEO, Chairman, or Non-Executive Director for health tech SMEs, as well as mid-market publicly traded technology and service businesses across five continents.

Key Points: 
  • OneTouch Health Group, a leading player in the healthcare technology industry, proudly announces the appointment of Duane Lawrence as Chair.
  • Dermot Clancy, CEO of OneTouch Health Group, warmly welcomed Duane Lawrence, stating, "We are thrilled to welcome Duane as the new Chair of our Board.
  • Kishan Chotai and Katie Beckingham from August Equity, the investment firm backing OneTouch Health Group, expressed excitement about the appointment, saying, "Duane Lawrence brings a great blend of expertise and a proven track record in the healthcare technology industry.
  • Duane Lawrence shared his enthusiasm, stating, "I am honoured to join OneTouch Health Group as Chair of the Board.

COVID-19 Virus Can Persist in the Body More Than a Year after Infection

Retrieved on: 
Tuesday, April 9, 2024
Research, Infection, Harvard Medical School, HIV/AIDS, Conditional sentence, COVID, UCSF, Biomedical Research, Coronavirus, UC, Nature, University, SARS-CoV-2, MD, Volunteering, Life, Protein, Consortium, Lymph, Division, Viral, Government, Vaccine

MEDFORD, Mass., April 8, 2024 /PRNewswire/ -- Research published today in Lancet Infectious Diseases and supported by PolyBio Research Foundation provides the strongest evidence yet that the COVID virus can persist for months or years after infection. The findings, published by a UC San Francisco/Harvard Medical School team, found that proteins created by the virus were still present for up to 14 months in a quarter of people tested. This demonstrates SARS-CoV-2 viral persistence as an urgent area of research underlying a breadth of chronic disease after COVID. 

Key Points: 
  • "The fact that every new SARS-CoV-2 infection has the potential to become chronic is perhaps the single most concerning aspect of this virus," says Dr. Amy Proal, President of PolyBio.
  • "We have compelling data that viral persistence is much more common than recognized which could have major health implications."
  • The researchers analyzed blood samples from 171 people who had been infected with the virus.
  • These findings greatly bolster evidence that the coronavirus can linger in tissue and organs, even after recovery from acute infection.

HireVue Joins US Artificial Intelligence Safety Institute Consortium

Retrieved on: 
Monday, March 18, 2024
HR, Science, Intelligence, Artificial intelligence, Consortium, NIST, Investment, Ethics, Medical device

Salt Lake City, UT, March 18, 2024 (GLOBE NEWSWIRE) -- HireVue , the pioneer and global leader in Human Potential Intelligence, today announced that the company has joined the U.S.

Key Points: 
  • Salt Lake City, UT, March 18, 2024 (GLOBE NEWSWIRE) -- HireVue , the pioneer and global leader in Human Potential Intelligence, today announced that the company has joined the U.S.
  • Artificial Intelligence Safety Institute Consortium , established by the National Institute of Standards and Technology ( NIST ), as part of its efforts to further advance the creation of ethical artificial intelligence.
  • HireVue is collaborating with the National Institute of Standards and Technology (NIST) in the Artificial Intelligence Safety Institute Consortium to establish a new measurement science that will enable the identification of proven, scalable, and interoperable measurements and methodologies to promote the development of trustworthy Artificial Intelligence (AI) and its responsible use.
  • Participation in the consortium is the next step in the company’s ongoing and pioneering work toward transparent and fairer hiring.

IEEE-ISTO Announces Formation of the Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium

Retrieved on: 
Monday, March 18, 2024
Microsoft, Reticulation, Government, SATCOM, Organization, EVP, Acceleration, Telecommunications, Satellite, Intelsat, Architecture, AWS, Courtyard by Marriott, Consortium, Amazon Web Services, Ecosystem, Product management, Service, Communications satellite

Leading companies and organizations in the space industry, including two U.S. Department of Defense (DoD) offices, have come together to form the Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium, a non-profit industry group created to advance waveform virtualization for satellite gateway and terminals.

Key Points: 
  • Leading companies and organizations in the space industry, including two U.S. Department of Defense (DoD) offices, have come together to form the Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium, a non-profit industry group created to advance waveform virtualization for satellite gateway and terminals.
  • The founding members include Microsoft, SES, Comtech, iDirect, Amazon Web Services (AWS), Reticulate Micro, and The Space Crowd and Airforce Research Lab.
  • The newly formed consortium is implementing administrative structures and recruiting additional member companies and organizations interested in standardizing waveform virtualization and becoming active participants in WAVE.
  • “Throughout my career, I have been involved with multiple platforms that lock customers into proprietary ecosystems with limited interoperability across the global SATCOM arena.

Technip Energies and GE Vernova Advance the UK’s Transition to Net-Zero with one of the World’s First Commercial Scale Gas-Fired Power and Carbon Capture Projects

Retrieved on: 
Friday, March 15, 2024
Carbon, Electricity, NZT, CCA, Natural gas, Shell, Letter, Heat recovery steam generator, Carbon capture, Consortium, HRSG, CO2, Technip Energies, Energy, BP, CCUS, General Electric, Government, State, Power, Renewable energy

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.

Key Points: 
  • This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.
  • The Technip Energies and GE Vernova consortium, supported by leading infrastructure group Balfour Beatty, will play an important role constructing a highly efficient combined cycle plant.
  • Technip Energies , GE Vernova , and Balfour Beatty , supported by Shell in the UK are forming the Carbon Capture Alliance (CCA).
  • It’s a significant milestone in delivering the critical infrastructure needed to transition the UK to Net Zero.

Automated Bus Consortium issues new request for solutions (RFS) to procure highly automated transit buses

Retrieved on: 
Wednesday, April 3, 2024
Construction & Property, Natural Resources, Defense, Environment, Engineering, Trucking, Urban Planning, Rail, Maritime, Logistics, Supply Chain Management, Landscape, Air, Manufacturing, Transport, Architecture, Other Energy, Utilities, Oil, Gas, Coal, Contracts, Alternative Energy, Energy, Public Transport, Sustainability, Building Systems, Mining, Minerals, Nuclear, Automation, ABC, RFS, Trinity Metro, RATP Group, Dallas Area Rapid Transit, Capital Area Transportation Authority, Consortium, Michigan State University, NJ TRANSIT, Metropolitan Transit Authority, AECOM, Public Transport Corporation, Rail transport

The Automated Bus Consortium™, a collective of U.S. transit agencies and several state departments of transportation, has released a new request for solutions (RFS) to procure heavy-duty highly automated transit buses.

Key Points: 
  • The Automated Bus Consortium™, a collective of U.S. transit agencies and several state departments of transportation, has released a new request for solutions (RFS) to procure heavy-duty highly automated transit buses.
  • “We have made great strides in further advancing the automated transit industry through our previous request for solutions,” said Jean Ruestman, administrator of the Office of Passenger Transportation at the Michigan Department of Transportation.
  • Pilot routes for these vehicles would include rural and urban deployments, bus rapid transit, bus yard and local bus service.
  • Formed by AECOM, the Automated Bus Consortium is a first-of-its-kind approach to cooperatively investigate the feasibility of automated bus projects and accelerate the deployment of automated transit technologies.

i3Forum Announces Launch of One Consortium to Restore Trust in International Communications

Retrieved on: 
Friday, March 15, 2024
Security, Data Management, Other Communications, Technology, Public Relations, Investor Relations, Audio, Video, Marketing, Advertising, Communications, Other Technology, Telecommunications, Software, Networks, VoIP, Internet, Mobile, Wireless, NRAS, Organization, GSC, Communication, Trust, ATIS, Foot, GLF, Policy, BICS, Life, Consortium, Ecosystem, Multimedia, Hello, Restore Trust, GSMA, Human

The loss of public trust in communications is driven by the proliferation of unwanted/illegal voice calls and messages (e.g.

Key Points: 
  • The loss of public trust in communications is driven by the proliferation of unwanted/illegal voice calls and messages (e.g.
  • Philippe Millet, Founder and Chairman of the i3Forum, commented: "This is the first tangible milestone for The Restore Trust initiative.
  • Rebekah Johnson, founder and CEO, Numeracle added, "Numeracle's mission from day one has been to restore trust to communications.
  • The i3Forum One Consortium initiative is a promise: to foster collaboration and earnest communication among industry, associations, and regulators to combat fraud and restore that trust.

Petroserv Marine, Inc. Announces Agreement with PS Marine Holding Ltd

Retrieved on: 
Monday, March 11, 2024
Oil, Gas, Energy, Maritime, Transport, Other Energy, Filter (signal processing), Marine, Consortium, SPV, Sale, Universal

Petroserv Marine, Inc. (“Petroserv") and PS Marine Holding Ltd (the "Consortium"), an SPV formed by a consortium of financial investors, announced today that they have signed an agreement under which the Consortium will acquire substantially all Petroserv’s assets via a share purchase of Petroserv’s direct subsidiary, Universal Energy Resources Inc.

Key Points: 
  • Petroserv Marine, Inc. (“Petroserv") and PS Marine Holding Ltd (the "Consortium"), an SPV formed by a consortium of financial investors, announced today that they have signed an agreement under which the Consortium will acquire substantially all Petroserv’s assets via a share purchase of Petroserv’s direct subsidiary, Universal Energy Resources Inc.
  • The sale of Petroserv to the Consortium will result in a recapitalized industry-leading Brazilian offshore drilling company backed by new shareholders.
  • Guilherme Coelho, Petroserv’s Chief Executive Officer, said, "We are very pleased to enter into this agreement with PS Marine Holding.
  • I would like to thank our existing Board, lenders and other stakeholders for their support over the last several years.”