Government of the United Kingdom

Vishay Intertechnology to Acquire Nexperia’s Newport Wafer Fab for $177 million

Retrieved on: 
Wednesday, November 8, 2023
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MALVERN, Pa., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) and Nexperia B.V. today announced that they have entered into an agreement that Vishay will acquire Nexperia’s wafer fabrication facility and operations located in Newport, South Wales, U.K. for approximately $177 million in cash.

Key Points: 
  • MALVERN, Pa., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) and Nexperia B.V. today announced that they have entered into an agreement that Vishay will acquire Nexperia’s wafer fabrication facility and operations located in Newport, South Wales, U.K. for approximately $177 million in cash.
  • Newport Wafer Fab, located on 28 acres, is an automotive certified, 200mm semiconductor wafer fab that supplies primarily automotive markets.
  • “For Vishay, acquiring Newport Wafer Fab brings together our capacity expansion plans for our customers in automotive and industrial end markets as well as the UK’s strategic goal of improved supply chain resilience.
  • For the site, Vishay’s commitment to further make the Newport Wafer Fab a success story is encouraging.

UK Government Invests £225m to Create UK’s Most Powerful AI Supercomputer With University of Bristol and Hewlett Packard Enterprise

Retrieved on: 
Wednesday, November 1, 2023
Software, Hardware, Artificial Intelligence, Data Management, Technology, University, Education, Semiconductor, Government, Policy, HPE, NYSE, LINPACK, Innovation, Department of Computer Science, University of Bristol, UKRI, NCC, HPC, UK Government Decontamination Service, High Value Manufacturing Catapult, LLM, Government of the United Kingdom, Research, Hopper, Artificial intelligence, Carbon footprint, Doctorate, Hewlett Packard Enterprise, NVIDIA, Cray, Drug discovery, Carbon, Isambard, GPU, POD, Safety, AI, Robotics, Medical device, Copper, Dairy, Science, Bletchley Park, Bristol

Hewlett Packard Enterprise (HPE) will build and deliver the new system with the next generation HPE Cray EX supercomputers and over 5,000 state-of-the-art NVIDIA GH200 superchips.

Key Points: 
  • Hewlett Packard Enterprise (HPE) will build and deliver the new system with the next generation HPE Cray EX supercomputers and over 5,000 state-of-the-art NVIDIA GH200 superchips.
  • Professor Simon McIntosh-Smith, Director of the Isambard National Research Facility at the University of Bristol, said: “Isambard-AI represents a huge leap forward for AI computational power in the UK.
  • We are proud to partner with the UK Government and the University of Bristol to give UK researchers and industry access to Europe's largest AI system for open science."
  • Bristol is one of the top UK universities for AI research and scientific computing.

Optimum Strategic Communications to Host 15th Annual Healthcare Investor Conference

Retrieved on: 
Friday, October 6, 2023
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LONDON, Oct. 6, 2023 /PRNewswire/ -- Optimum Strategic Communications (Optimum), the international strategic healthcare communications consultancy, will be hosting its 15th Annual Healthcare Investor Conference on Wednesday, 11 October 2023 at the Wellcome Collection, London.

Key Points: 
  • LONDON, Oct. 6, 2023 /PRNewswire/ -- Optimum Strategic Communications (Optimum), the international strategic healthcare communications consultancy, will be hosting its 15th Annual Healthcare Investor Conference on Wednesday, 11 October 2023 at the Wellcome Collection, London.
  • Commenting on the event, Mary Clark, CEO of Optimum Strategic Communications, said:
    "Despite continued market uncertainty, companies in our sector are managing to find ways to fund remarkable and exciting innovation.
  • The detailed agenda and registration details can be found at the 15th Annual Healthcare Investor Conference website, here .
  • If you would like to receive summaries of the panel discussions at the conference or speak with the Optimum team, please email [email protected] .

Optimum Strategic Communications to Host 15th Annual Healthcare Investor Conference

Retrieved on: 
Friday, October 6, 2023
FRS, Diagnosis, Government, Health care, Novo Holdings A/S, Novo Nordisk Foundation, Panel, Government of the United Kingdom, Mathematical optimization, Wellcome Collection, Immunotherapy, Leukemia, Bone marrow, Thought, Q&A, Biotechnology, Conference, Face, UK Government Decontamination Service, Pharmaceutical industry, Management, Creative industries

LONDON, Oct. 6, 2023 /PRNewswire/ -- Optimum Strategic Communications (Optimum), the international strategic healthcare communications consultancy, will be hosting its 15th Annual Healthcare Investor Conference on Wednesday, 11 October 2023 at the Wellcome Collection, London.

Key Points: 
  • LONDON, Oct. 6, 2023 /PRNewswire/ -- Optimum Strategic Communications (Optimum), the international strategic healthcare communications consultancy, will be hosting its 15th Annual Healthcare Investor Conference on Wednesday, 11 October 2023 at the Wellcome Collection, London.
  • Commenting on the event, Mary Clark, CEO of Optimum Strategic Communications, said:
    "Despite continued market uncertainty, companies in our sector are managing to find ways to fund remarkable and exciting innovation.
  • The detailed agenda and registration details can be found at the 15th Annual Healthcare Investor Conference website, here .
  • If you would like to receive summaries of the panel discussions at the conference or speak with the Optimum team, please email [email protected] .

Orora collaborates with World Health Innovation Summit

Retrieved on: 
Wednesday, September 27, 2023
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London, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Orora , a leading London Based FinTech for Good, is thrilled to announce its ground-breaking collaboration with the World Health Innovation Summit ( WHIS ) to develop an innovative Multi-Hazard Climate and Social Resilience Digital Asset-Based Instrument and to develop Orora’s Impact Banking as a Service Platform.

Key Points: 
  • London, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Orora , a leading London Based FinTech for Good, is thrilled to announce its ground-breaking collaboration with the World Health Innovation Summit ( WHIS ) to develop an innovative Multi-Hazard Climate and Social Resilience Digital Asset-Based Instrument and to develop Orora’s Impact Banking as a Service Platform.
  • This partnership aims to revolutionise the way we address climate change, and the social wellbeing challenges it raises, by leveraging cutting-edge technology and financial innovation expertise.
  • "Orora is excited to partner with the World Health Innovation Summit in our shared vision of creating positive impact and driving change," said Victoria Thompson, Orora’s Founder CEO.
  • "We are delighted to join forces with Orora, and its team of esteemed leaders in the FinTech space," commented Gareth Presch, CEO World Health Innovation Summit.

HFCL Launches Revolutionary Intermittently Bonded Ribbon (IBR) Fibre Cables to Supercharge UK's Fibre Build Plans

Retrieved on: 
Wednesday, September 20, 2023
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HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, today announced the launch of its revolutionary Intermittently Bonded Ribbon (IBR) Cables in the United Kingdom (UK).

Key Points: 
  • HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, today announced the launch of its revolutionary Intermittently Bonded Ribbon (IBR) Cables in the United Kingdom (UK).
  • The basis of the new cables is individual Intermittently Bonded Ribbons, each made up of 12 optical fibres, which are bonded together at specific intervals along their lengths.
  • Groups of IBRs can, therefore, be bundled together into cables that provide twice the fibre packing density of traditional cables in the same volume.
  • IBR cables enable installation of higher fibre counts in small diameter ducts, especially useful in congested areas with very limited space.

ASSEMBLY, A STAGWELL (STGW) AGENCY, WELCOMES THREE NEW MANAGING PARTNERS IN EUROPE

Retrieved on: 
Monday, September 11, 2023
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LONDON, Sept. 11, 2023 /PRNewswire/ -- Assembly announced today the addition of James Appleby, Alex Boniface, and Bridget Hopkins – three new Managing Partners in Europe who will play pivotal roles in shaping the agency's future, fostering innovation, enhancing operations, and driving sustainable growth. Each leader comes with extensive experience across specialisms, and their combined vision and leadership will allow Assembly to continue delivering brand performance for clients and further expand the agency's presence in the European region. Appleby, Boniface, and Hopkins are based in London and will report to Matt Adams, Assembly Europe CEO.

Key Points: 
  • Appleby, Boniface, and Hopkins are based in London and will report to Matt Adams, Assembly Europe CEO.
  • In his last role, he was Head of Client Success at Tailify, an influencer marketing company.
  • Before joining Assembly, Hopkins established her media career in Australia, working at Mitchell & Partners, an agency later acquired by Dentsu.
  • Assembly Europe CEO Matt Adams adds, "We are thrilled to welcome James, Alex, and Bridget into the Assembly family.

ASCENDANT RESOURCES ENTERS TENDER PHASE FOR MANDATED LEAD ARRANGER FOR ITS EXPORT CREDIT AGENCY SUPPORTED PROJECT FINANCING AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

Retrieved on: 
Tuesday, September 5, 2023
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TORONTO, Sept. 5, 2023 /PRNewswire/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") ") is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger ("MLA") of its Export Credit Agency project financing program.

Key Points: 
  • TORONTO, Sept. 5, 2023 /PRNewswire/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") ") is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger ("MLA") of its Export Credit Agency project financing program.
  • As previously announced on April 17, 2023 the Company appointed SD Capital Advisory Ltd and GKB Ventures Ltd ("S&G") to solicit interest for Export Credit Agency backed Project Financing.
  • As a result of this process the Company appointed UK Export Finance to support potential export credit facility.
  • We look forward to working with UKEF and the future appointed MLA to complete project financing in the coming months."

Gemcorp Capital appoints former UK Middle East Trade Commissioner to lead regional expansion

Retrieved on: 
Monday, September 4, 2023
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DUBAI, United Arab Emirates, Sept. 03, 2023 (GLOBE NEWSWIRE) -- Gemcorp Capital Management today announces its expansion in the Middle East.

Key Points: 
  • DUBAI, United Arab Emirates, Sept. 03, 2023 (GLOBE NEWSWIRE) -- Gemcorp Capital Management today announces its expansion in the Middle East.
  • The new regional operation will be led by Simon Penney, formally His Majesty’s Trade Commissioner for the Middle East for the UK Government.
  • Under his tenure as the UK’s trade commissioner, trade with the region hit all-time highs alongside establishing multi-billion dollar investment partnerships with a number of Gulf countries.
  • "Gemcorp Capital has consistently demonstrated expertise in navigating the complexities of emerging markets, fostering capital investment and job creation and generating sustainable returns for its investors.”

Terrestrial Energy and Westinghouse Sign Contract for IMSR Fuel Plant at Springfields with UK Government Support

Retrieved on: 
Thursday, August 3, 2023
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The new contract will deliver a pilot plant in advance of a scaled-up facility for commercial reactor fuel supply to a fleet of IMSR plants.

Key Points: 
  • The new contract will deliver a pilot plant in advance of a scaled-up facility for commercial reactor fuel supply to a fleet of IMSR plants.
  • The UK Government has committed GBP 2.9 million (USD $3.8 million) to establish the pilot plant under its Nuclear Fuel Fund program, part of the UK’s energy security strategy.
  • The contract is a result of partnership between Terrestrial Energy, Westinghouse Springfields Fuels and UK National Nuclear Laboratories, and follows the scoping and planning agreement signed in July 2021 .
  • “We are excited to work with Terrestrial Energy to develop a pilot plant creating next-generation nuclear fuel at Springfields to power molten salt reactors,” said Tarik Choho, President of Westinghouse Nuclear Fuel.