TYO

Apollo Funds Announce Strategic Partnership with Panasonic Automotive Systems, a Leading Global Supplier of Advanced In-Vehicle Technologies

Retrieved on: 
Friday, March 29, 2024
Growth, Partnership, APO, Knowledge, Electronics, Research, TYO, Cassette tape

NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire a majority stake in Panasonic Automotive Systems Corporation (“Panasonic Automotive” or the “Company”), a global leader in advanced automotive solutions, including integrated cockpit systems and in-vehicle electronics, from Panasonic Holdings Corporation (TYO: 6752) (“Panasonic”) in a transaction valued at a total enterprise value of ¥311 billion, subject to certain adjustments at closing. Panasonic will retain a minority stake in the Company, which will maintain its strategic relationship with Panasonic Group.

Key Points: 
  • Panasonic will retain a minority stake in the Company, which will maintain its strategic relationship with Panasonic Group.
  • Panasonic Automotive is a tier one global automotive supplier that designs and manufactures advanced infotainment systems and other in-vehicle solutions for leading auto manufacturers.
  • Tetsuji Okamoto, Partner and Head of Japan at Apollo, said, “We are excited to partner with Panasonic Automotive to position the business for accelerated growth.
  • Through this partnership, Panasonic Automotive could significantly grow as a global leading player.

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Batteries, Alternative Energy, EV, Electric Vehicles, Energy, Automotive, Technology, Mining, Minerals, Carbon, Quality control, Anchor, Innu, Investment, TYO, Inflation, General Motors, EVS, Minority, FID, Education, Benchmark Mineral Intelligence, United States Geological Survey, Graphite, CO2, Verified Carbon Standard, Safety, Workforce, Climate change, Acceleration, VCS, GHG, ESG, Regulation, Acquisition, Student, Annual report, Kilowatt-hour, NOU, NMG, Engineering, Health, Intel, Government, Abitibi, GM, Pressure, Growth, Unitary state, Environment, Bloomberg, Mineral, Multimedia

Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.

Key Points: 
  • Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.
  • NMG also signed a supply agreement with GM for 18,000 tpa of active anode material for an initial term of six years.
  • The Company maintains intensive commercial discussions and continued product qualification with other tier-1 battery manufacturers for the balance of its Phase-2 production.
  • Such measures reaffirm the importance of establishing a local, resilient, and ESG-compliant supply chain of graphite to support battery and EV production.

Trend Micro Discloses Criminal Insights Following LockBit Disruption, Leaving No Shadow for Threat Actors

Retrieved on: 
Wednesday, April 3, 2024
Fad, Organization, Intelligence, Risk, Research, TYO, Trend Micro, Operation, Cryptocurrency

DALLAS, April 3, 2024 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released comprehensive threat intelligence findings in the wake of the law enforcement-led disruption of the LockBit ransomware group. The unprecedented operation, known as Operation Cronos, marks a significant step forward in the global fight against cyber threats, impacting an entity responsible for an estimated quarter of all ransomware attacks worldwide.

Key Points: 
  • Getting ahead of these threat actors not only allowed us to pass on intelligence to law enforcement, but also bolstered the defense of our global customer base.
  • As we dissect the aftermath of this takedown, our commitment to enhancing security defense through global threat intelligence is yielding tangible results."
  • Operation Cronos was different in several ways from many of the typical law enforcement takedowns of criminal groups.
  • Key Achievements of Operation Cronos:
    Reputational Damage to LockBit: Given its tarnished reputation, LockBit faces significant challenges in rebuilding its operations and affiliate networks.

Trend Micro Zero Day Initiative™ Sheds Light on Software Vulnerabilities: Customers Protected up to 70 Days Before Patches

Retrieved on: 
Tuesday, April 2, 2024
VMware, EV, Fad, Organization, EVS, Intelligence, Risk, ZDI, Gamer, Research, Triage, Chrome, IDC, Software, Linux, NAS, Disclosure, South Carolina State Library, Trust, Security, TYO, ChatGPT, Trend Micro, Risk management

DALLAS, April 2, 2024 /PRNewswire/ -- Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) has announced the outcomes from its Pwn2Own ethical hacking contest, hosted by the Zero Day Initiative (ZDI), which included identification of new vulnerabilities in Windows, Linux, Tesla, Chrome, VMWare, and other widely used technology. Trend customers benefit from same-day protections and the rest of the world benefits as soon as software patches are released.

Key Points: 
  • Trend customers benefit from same-day protections and the rest of the world benefits as soon as software patches are released.
  • While average time to protect is over 70 days, ZDI research enables protection for Trend customers almost immediately.
  • While the industry average time to respond and protect sits above 70 days, ZDI research enables protection for Trend customers almost immediately.
  • In-depth threat awareness generated by Pwn2Own enables Trend to protect its customers with virtual patches to ensure there is no lapse in protection.

ProStar and Topcon Announce Technology Integration with PointMan

Retrieved on: 
Monday, February 26, 2024
Radar, GNSS, TYO, Pointman, Android (operating system), Probability, MasterCraft, Partnership, Satellite navigation device

GRAND JUNCTION, Colo., Feb. 26, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc., ("ProStar®" or "the Company") (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions, is pleased to announce a technology integration with Topcon Corp (TYO: 7732). The integration combines ProStar's utility mapping software, PointMan®, and Topcon's fixed and portable GNSS antennas. The technology integration provides Topcon users with a seamless and easy to use utility data collection solution to capture, record, and display the precise location of critical underground infrastructure anywhere in the world.

Key Points: 
  • GRAND JUNCTION, Colo., Feb. 26, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc., ("ProStar®" or "the Company") (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions, is pleased to announce a technology integration with Topcon Corp (TYO: 7732).
  • The integration combines ProStar's utility mapping software, PointMan®, and Topcon's fixed and portable GNSS antennas.
  • The technology integration provides Topcon users with a seamless and easy to use utility data collection solution to capture, record, and display the precise location of critical underground infrastructure anywhere in the world.
  • The technology integration of PointMan with Topcon GNSS receivers means that PointMan now supports Topcon Hiper VR highly versatile GNSS receivers for mobile devices running the Google Android operating system.

NMG Is Gearing up for Its Phase 2 Commercial Operations in Bécancour – Innovative Workforce Training Program Established and Relationships Forged With Contractors and Suppliers

Retrieved on: 
Monday, February 26, 2024
Natural Resources, Batteries, Environment, Technology, Green Technology, Education, Mining, Minerals, Training, Lithium, Saint-Michel-des-Saints, Engineering, NMG, General Motors, Student, Running, Multimedia, NOU, Nemaska Lithium, GM, ESG, Panasonic, TYO, DVS, Ford, Ville, Heart, FID, Workforce, Employment, Pressure, Partnership, Renewable energy

To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.

Key Points: 
  • To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.
  • View the full release here: https://www.businesswire.com/news/home/20240226491128/en/
    Panasonic Energy and NMG leaders celebrate the new chapter in their collaboration.
  • Launched in 2021, this DVS supports NMG’s training and recruitment efforts for the Phase-1 operations at the Matawinie Mine.
  • The Bécancour Battery Materials Plant is expected to supply the North American market with approximately 43,000 tonnes of active anode material per year.

Trend Micro Expands to 5G Networks: Industry's Broadest Cybersecurity Platform

Retrieved on: 
Tuesday, February 27, 2024
Mobile, Multi-access edge computing, Health, Digital, Internet of things, Trend Micro, TYO, Risk, Mobile World Congress, Information technology, Fad, OT, Radio access network, XDR, MEC

DALLAS, Feb. 27, 2024 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced it will be showcasing its unique, platform-based approach to protecting the ever-expanding enterprise attack surface, including protecting 5G deployments, at Mobile World Congress (MWC) Barcelona 2024.

Key Points: 
  • Join Trend and CTOne at MWC Barcelona in booth 4A50, Hall 4, February 26-29: https://ctone.com/2024/01/join-us-at-2024-mobile-world-congress-in-barce...
    Kevin Simzer, COO at Trend: "Private 5G networks are already transforming industries as diverse as healthcare, retail, energy, and manufacturing.
  • As visitors to our MWC stand will experience live, Trend offers a blend of deep domain expertise and commitment to powerful, centralized protection with the world's broadest enterprise security platform, including 5G security."
  • This is the joint value of the Trend and CTOne – a Trend Micro subsidiary – platform approach, which delivers continuous detection, broad protection, and rapid response across the entire enterprise, including private 5G environments.
  • The platform leverages the deep next-generation wireless expertise of CTOne, which was launched last year with a mission to advance 5G network security.

Global Law Enforcers Seek Trend Micro's Help in Taking Down Top Ransomware Threat Group LockBit

Retrieved on: 
Thursday, February 22, 2024
State bureau of investigation, National Crime Agency, Hospital, NCA, Research, Intelligence, McArdle, Ransomware, TYO, Risk, Blog, Fad, Organization, FBI, Microsoft, Law enforcement, Cryptocurrency

DALLAS, Feb. 22, 2024 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today revealed its critical role in helping global law enforcement partners disrupt mega-ransomware group LockBit, and kill the viability of its long-term malware plans. Through undercover infiltration, Trend helped prevent the release of the group's next malware products and automatically installed protection for Trend Micro customers, even before the group themselves had finished testing.

Key Points: 
  • DALLAS, Feb. 22, 2024 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, today revealed its critical role in helping global law enforcement partners disrupt mega-ransomware group LockBit , and kill the viability of its long-term malware plans.
  • Through undercover infiltration, Trend helped prevent the release of the group's next malware products and automatically installed protection for Trend Micro customers, even before the group themselves had finished testing.
  • This group was responsible for about 25 percent* of all ransomware leaks in 2023 and caused billions of dollars in losses for thousands of global victims over the past four years.
  • McArdle continued, "Last week Trend secured global Microsoft users from a critical vulnerability and this week we were a part of dethroning the most critical threat actor group in the world.

NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations

Retrieved on: 
Thursday, February 15, 2024
Automotive, Other Energy, Mining, Minerals, General Automotive, Energy, Natural Resources, EVS, NMG, General Motors, Regulation, Investment, Exercise, Panasonic, Indian stock exchange, Minority, EV, GM, TYO, Convertible, Tranche, Interview, Exchange, Communication, TSX Venture Exchange, Multimedia, FID, Acquisition, NOU, BMO Capital Markets, EDGAR, Security (finance)

View the full release here: https://www.businesswire.com/news/home/20240214714914/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240214714914/en/
    Map of NMG’s integrated extraction and advanced manufacturing routes to supply Panasonic Energy and GM.
  • I am confident that such commercial and investment levers will constitute the bedrock on which NMG can build its Phase 2 operations and more.
  • Thanks to visionary customers and investors, we are now moving toward establishing a fully local and traceable value chain.
  • The Investor Rights Agreement also provides Mitsui with certain rights relating to its investment in NMG, namely certain board nomination and anti-dilution rights.

NMG and Panasonic Energy Announce Binding Offtake Agreement and US$25 Million Private Placement to Secure the Supply of Active Anode Material for North American Battery Production

Retrieved on: 
Thursday, February 15, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Automotive, General Automotive, Alternative Energy, Energy, Mining, Minerals, Batteries, Natural Resources, Climate change mitigation, Engineering, General Motors, TSX Venture Exchange, Multimedia, NOU, GM, EDGAR, ESG, Warrant, Exercise, TYO, Carbon, Indian stock exchange, Tranche, FID, Interview, Communication, Partnership, Security (finance)

View the full release here: https://www.businesswire.com/news/home/20240214190689/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240214190689/en/
    Kazuo Tadanobu, President and CEO of Panasonic Energy, and Eric Desaulniers, President, and CEO of NMG.
  • The binding Offtake Agreement covers the supply of a committed annual volume of 18,000 tonnes of active anode material by NMG to Panasonic Energy for an initial seven-year term from the commencement of the Company’s Phase-2 production.
  • The Company’s active anode material complies with the U.S. Government’s Inflation Reduction Act battery material sourcing requirements for EV subsidies.
  • NMG has also announced having agreed to enter a multiyear offtake agreement and a private placement with General Motors Co. ( NYSE: GM ).