Conrad Electronic

Deutsche Bahn signs agreement to sell Arriva to I Squared

Retrieved on: 
Thursday, October 19, 2023

Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.

Key Points: 
  • Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.
  • The sale of non-core markets, including Arriva Sweden and Portugal in 2022 and Arriva Serbia, Denmark and Poland (Bus) was completed this year.
  • Dr Levin Holle, Member of the Management Board for Finance and Logistics and CFO of Deutsche Bahn AG: “We are happy that I Squared is willing to support Arriva in its future growth.
  • We’re confident that Arriva and I Squared together can play a vital role in delivering innovative and sustainable public transport offerings across Europe.”

VideoVerse Acquires Reely.ai to Enhance AI-Powered Content Creation and Social Media Reach for Esports and Gaming

Retrieved on: 
Tuesday, April 11, 2023

VideoVerse – a leading video-editing SaaS platform, announced its acquisition of Reely.ai, a prominent Esports AI-Powered content creation, and social media distribution company.

Key Points: 
  • VideoVerse – a leading video-editing SaaS platform, announced its acquisition of Reely.ai, a prominent Esports AI-Powered content creation, and social media distribution company.
  • This acquisition aims to enhance VideoVerse's existing capabilities and better serve its customers in the gaming and esports sectors, where the demand for AI-driven content creation and distribution continues to grow.
  • Reely's platform can automatically identify highlights and key moments within a game, simplifying the creation of highlight videos and sharing them across various social media channels.
  • The company will provide advanced tools to players, streamers, and content creators looking to develop, share, and extend the reach of high-quality video content.

Seoul Semiconductor Obtains Permanent Injunctions and Order for Recall against Cell-Phone Products in Europe

Retrieved on: 
Tuesday, August 16, 2022

For example, in December 2018, the District Court of Dsseldorf ordered a permanent injunction for patent infringement against various LED products and a recall of those products.

Key Points: 
  • For example, in December 2018, the District Court of Dsseldorf ordered a permanent injunction for patent infringement against various LED products and a recall of those products.
  • Seoul and its affiliates have actively engaged in patent enforcement against companies that use cheap infringing products despite claiming ESG compliance.
  • In the past four years, as a result, Seoul has secured seven judgments of permanent injunctions and orders of recall in Europe against infringing products, including cell phones, lighting products, and UV LED home appliances.
  • Seoul Semiconductor is the worlds second-largest global LED manufacturer, a ranking excluding the captive market, and has more than 18,000 patents.