American International Group (AIG) has inked an agreement to purchase Aurec Gold Investments’ 49.99% interest in AIG Israel Insurance Company (AIG Israel), for an undisclosed sum. The acquirer already owns 50.01% interest in AIG ...
PUMA reported results for the fourth quarter and full year. 2012 Fourth Quarter Highlights •PUMA's consolidated sales climb by 11.7% in Euro terms to € 804.7 million. •Gross profit margin declines to 44.6% due to ...
Tags: PUMA, Sale, fourth quarter
What will be the trend of the distribution market in 2013? The lines between engineering and purchasing will continue to blur, validating the importance of a next generation distribution model. This next generation approach is less ...
RS Components has signed a distribution agreement with Samtec covering Europe, the rest of the EMEA region and the Asia Pacific region. RS will sell Samtec’s connector products which comprises three main categories covering signal ...
Tags: RS, Consumer Electronics, Asia
Cloud computing may be becoming a more widely accepted means of storing data, but there are still those who are very wary about having their information reside on servers operated by someone else. Speaking at Dell Tech World in Amsterdam, ...
Tags: Cloud computing, storing data, Dell
SML Group Ltd., a global brand identification solutions provider that supplies Tags, Swing Tickets and Labels to the retail apparel industry, today announced the opening of a new inlay Production Center at its CGP facility in Clayton, Nr. ...
Tags: SML Group Ltd, brand identification solutions, retail apparel
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
Oliver Ebel, Executive Director and General Manager, Lenovo Middle East and Africa Lenovo announced on Monday that it is now the number-four PC manufacturer in the Middle East and Africa, based on the latest preliminary results from IDC ...
Tags: Lenovo, Middle East Market, Oliver Ebel
A new forecast by market researchers at ElectroniCast Consultantssuggests that the market for devices used in commercial free-space optical (FSO) communications systems will near-double by 2018. However, such is the niche appeal of the ...
Tags: ElectroniCast Consultants, free space optical communications
Robert Mann has joined infant and toddler specialist Munchkin, as its new managing director for Europe, Middle East and Africa. Mann arrives at the firm - which is the parent company of UK-based Lindam - with a remit to lead growth and ...
Tags: Robert Mann, Munchkin, Europe, Middle East, Africa
Agostino Renna started his new role this week GE Lighting has promoted Agostino Renna to the role of president and CEO of the EMEA region. Effective from 2 January, Renna succeeds Phil Marshall who has held the position since 2008. The ...
Tags: Agostino Renna, GE Lighting, EMEA region, company news
HP has appointed Mike Nefkens as Executive Vice President of HP Enterprise Services, it announced today. Nefkens, who has held the title of EMEA GM for HP Enterprise Services for the last three years, will now be responsible for driving ...
Tags: EMEA, enterprise services, executive vp, gm, highlightedpost, HP
IT spending in Europe, the Middle East and Africa (EMEA) will reach US$1.154 trillion in 2013, a 1.4 percent increase from this year, thanks to the increasing popularity of mobile devices, market research company Gartner said yesterday. ...
Tags: Gartner, EMEA, IT Spending, cloud
IT spending in the EMEA region will reach $1.154 trillion in 2013, a 1.4 percent increase from 2012 projected spending of $1.138 trillion, according to Gartner. Despite the ongoing economic malaise, Gartner sees pockets of growth in IT in ...
Tags: EMEA, Gartner, IT, IT spending, mobile devices
Intertec, in collaboration with its long-standing alliance partner, Infor, will host an exclusive seminar on Enterprise Asset Management in Doha, Qatar. The event, to be held on on Oct. 9, 2012 at W Hotel, will be directed towards asset ...
Tags: Doha, Infor, Intertec, Middle East, Qatar