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Joint Venture Will Supply Blast-Resistant And Ballistic Modules

2016-05-25 14:16:00| Chemical Processing

RedGuard and Specialist Services form joint venture in Europe, the Middle East and Australasia.

Tags: supply modules joint venture

 

HPE to spin off IT services arm in joint venture with CSC

2016-05-25 08:52:00| Telecompaper Headlines

(Telecompaper) HP Enterprise has announced plans to spin off its IT services business in a joint venture with CSC. In the latest step in the company's transformation, CEO Meg Whitman said the group will focus going forward on its networking equipment and infrastructure business. The spin-off, expected to be completed by next March, will see HPE shareholders receive shares equal to 50 percent of the new company. The merged group will have annual revenues of around USD 26 billion and continue to serve HP#s existing customers. Mike Lawrie, the current head of CSC, will become CEO of the new company, and Whitman will join the Board of Directors. The new company's board will be split 50/50 between directors nominated by HPE and CSC. Mike Nefkens, the current EVP and GM of HPE's Enterprise Services business, will join the new company's executive team. 

Tags: with services joint arm

 
 

Joint venture Akita Katagami Windfarm to build 66MW windfarm in Japan

2016-05-24 01:00:00| Power Technology

Mitsubishi, Venti-Japan, and C-Tech have partnered to develop a 66MW windpower generation project along the Akita City-Katagami City corridor of Akita Prefecture in Northern Japan.

Tags: japan build joint venture

 

Kite Hill raises $18m from 301 and CAVU Venture Partners

2016-05-23 01:00:00| Food Processing Technology

US-based Kite Hill has closed an $18m fundraising round with its lead investment coming from General Mills venture capital unit 301 Inc. and private equity firm CAVU Venture Partners.

Tags: partners hill venture raises

 

RPM Acquires Full Interest in Chinese Joint Venture

2016-05-20 15:07:10| Coatings World Breaking News

Tags: full interest chinese joint

 

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