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Contec, German solution provider of innovative filtration and separation systems, has signed a distribution agreement in the US.

2015-07-13 01:00:00| Power Technology

Contec, one of Germany's leading solution provider of innovative filtration and separation systems has announced that they have signed a representation and distribution agreement with Marty Hendrickx of Component Specialists in Roscoe, Illinois to be

Tags: in the us systems

 

IDCON Achieves Society for Maintenance and Reliability Professionals (SMRP) Approved Provider

2015-07-10 17:51:00| Power Technology

IDCON has announced that the company has been accepted for the SMRP Approved Provider Education Program from July 2015 to June 2016.

Tags: society approved maintenance professionals

 
 

KPN buys cloud provider IS Group

2015-07-10 02:00:00| Total Telecom industry news

Acquisition strengthens Dutch incumbent's managed hosting capabilities.

Tags: group provider cloud buys

 

LVMH Re-Appoints AT&T As It's Global Communications Provider

2015-07-08 21:55:49| Telecom - Topix.net

LVMH, the luxury group, has re-appointed AT&T * as its global supplier for advanced communications services. This is a four-year, multi-million-dollar agreement.

Tags: global communications provider att

 

PayPal to acquire digital money transfer provider Xoom

2015-07-02 09:04:00| Telecompaper Headlines

(Telecompaper) PayPal said it has agreed to acquire Xoom, a digital money transfer provider, for USD 25 per share in cash, bringing the total entreprise value to USD 890 million. The deal, at a 32 percent premium over Xoom's three-month volume-weighted average share price, was unanimously approved by the boards of directors of both companies, as well as the board of PayPal parent eBay. The acquisition will allow PayPal to offer a broader range of services worldwide, increase customer engagement and enter a growing adjacent marketplace, the company said. Xoom is present in 37 countries, and in particular in Mexico, India, the Philippines, China and Brazil. Due to anticipated one-time integration costs, the transaction is expected to be slightly dilutive to PayPal's non-GAAP earnings per share for 2016. PayPal intends to fund the deal with cash on its balance sheet.

Tags: money digital transfer paypal

 

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