Stibo DX partners with Sophi.io, strengthening automation on CUE Publishing Platform

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Stibo DX and Sophi.io are partnering to integrate Sophi, The Globe and Mail’s automation, prediction and optimization tools, into Stibo DX’s publishing platform, CUE. Sophi will be a native extension in CUE’s user interface.“As an open and extensible publishing platform, CUE is meant to be integrated with best-of-breed tools. […]

Sea Electric Strikes Deal to Purchase 1,000 Electric Commercial Vehicle Battery Sets From Soundon New Energy Technology Co.

Majority of Battery Purchase Slated for the United States following US$42 million Equity Financing Secured for SEA Electric Soundon New Energy Technology Co LOS ANGELES, March 25, 2021 (GLOBE NEWSWIRE) — Global automotive technology company SEA Electric, along with its proprietary SEA-Drive® technology – the secret sauce behind the company’s leadership within the electrification of […]

Philips to sell its Domestic Appliances business to global investment firm Hillhouse Capital

March 25, 2021 Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Philips expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 billion in the third quarter Additional 15-year brand license agreement with annual payments that represent an estimated net present value of approximately EUR 0.7 […]