Thomas Cook India Group announces its acquisition of Digiphoto Entertainment Imaging (DEI) – one of the world’s leading imaging solutions and services providers




Hong Kong, China, February 27, 2019 /ChinaNewswire.com/ - #8226;Acquisition is PAT and free cash accretive from day one
#8226;Marks Thomas Cook India Group’s entry into an adjacent sector, complementary to its travel travel related services portfolio

Thomas Cook India Group, the leading integrated travel services group, has announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), one of the world’s leading imaging solutions and services providers at an enterprise value of US $40.6 Million (Rs 289 crores). The transaction is subject to regulatory approvals and customary closing conditions.

The acquisition marks the Thomas Cook India Group’s entry into an adjacent sector, complementary to its travel travel related services portfolio and is both PAT and free cash accretive from day one.

Established in 2004, Digiphoto Entertainment Imaging is a technology driven company with offices in Hong Kong, Singapore, Dubai, Mumbai, Orlando, and Kuala Lumpur. DEI focuses on imaging solutions for the attractions industry with a robust end-to-end turnkey model by providing equipment, software, talent and operational expertise consultation to its business partners.

With a strong network of over 120 partners, DEI is present at more than 250 venues spanning over 14 countries (Hong Kong SAR, Singapore, UAE, Macau SAR, China, USA, Malaysia, Thailand, Indonesia, Mauritius, Maldives, Egypt, India and Kuwait), and has completed 3.6 million transactions in 2018.

Since 2012 DEI has tactically chosen Singapore as its regional headquarters in the Far East. This approach paid off resulting in DEI successfully securing the majority share of imaging partnerships in Singapore. The importance of this location was reinforced by the successful extension of their 10-year partnership with Wildlife Reserves Singapore and One Faber Group – operator of several attractions in Sentosa. DEI’s partnership with Marina Bay Sands was also renewed recently, strengthening their presence in Singapore.

Having a strong foot hold in South East Asia, DEI is aggressively expanding their presence into Greater China, including Hong Kong SAR. DEI’s proprietary imaging solution has enabled payment gateway localization for the local Chinese market expanding into AliPay and WeChat Pay. Their local hosting and content distribution is in compliance with local privacy policies, allowing guests to share their memories on Chinese social media channels like We Chat, Sina Weibo, QQ and Qzone. Based on current tourism trends, DEI is aggressively viewing the Far East as a pivotal region and a major contributor of revenue over the next 5 years. DEI intend to focus on rapid growth over the preceding years in this belt.

DEI’s partner attractions encompass waterparks, theme parks, aquariums, towers and resorts, including iconic attractions in Hong Kong (Ngong Ping 360), Singapore (Universal Studios Singapore, Marina Bay Sands, Singapore Zoo), Macau (Macau Tower, The Venetian), the UAE (At The Top Burj Khalifa, Ski Dubai, Wild Wadi Waterpark, Warner Brothers, Ferrari World), Malaysia (PETRONAS Twin Towers, Resorts World Genting), China (Atlantis Sanya, Chimelong Safari Park), India (Ramoji Film City, Imagica, Wonderla Holidays Ltd.), Maldives (Taj Exotica, W Retreat Spa, Shangri-La Villingili), Mauritius (St. Regis Mauritius Resort, Shanti Maurice Resort Spa), Indonesia (Waterbom Bali, Bali Zoo, Trans Studio), Egypt (Ski Egypt, KidZania), Thailand (Ramayana Water Park, Vana Nava Water Jungle), USA (Hard Rock Caf#233; New York, Mango’s Tropical Caf#233; and Gaylord), to name a few.

In 2017, DEI launched KlassAkt, its school photography arm, and has already partnered with more than 90 schools across the UAE and India, including the prestigious GEMS group of schools in the UAE, the Oberoi International School, Jamnabai Narsee International School and Aditya Birla World Academy in Mumbai, India.

Madhavan Menon, Chairman and Managing Director, Thomas Cook (India) Limited said, “Our acquisition of DEI, a global imaging solutions and services giant, presents the Thomas Cook India Group an opportunity to participate in an exciting new business space, adjacent to our core travel services portfolio that is both PAT and free cash accretive from day one. DEI is an entrepreneurial success story with an impressive and proven track record of leadership, growth and profitability.”

He elaborated, “With several key markets in common, the addition of Ram and his team at DEI to our family, also presents new synergistic opportunities leveraging our travel services across 25 countries. We see an immediate opportunity for our outbound customers from India and Hong Kong, as well as our inbound and DMS customers across our global network. With the growing demand for experiential travel and social sharing, DEI’s partnerships with iconic attractions, theme parks, water parks and resorts will further enhance our travel services portfolio in line with our philosophy of creating long term shareholder value.”

K.S. Ramakrishnan, founder CEO and President of Digiphoto Entertainment Imaging said, “Our synergy with Thomas Cook India Group in the travel and tourism ecosystem strengthens DEI’s position in our existing markets whilst giving us immense reach to expand. DEI is leading the digital transformation of the guest photo journey through NFC, facial recognition and other state of the art proprietary technology enabling the guest to receive and share their memories in real time. We are proud to be part of a globally renowned travel and tourism leader, the Thomas Cook India Group. Innovation being key to DEI’s core entrepreneurial spirit with focus on long-term partnerships aligns us perfectly with the vision and ethos of Fairfax Financial Holdings Limited.”

Source: ChinaNewswire.com

Unveiling the delectable: “U.S. CHAIRMAN’S RESERVE PORK TOMAHAWK” at Belgian Beerhouses FRITES




Hong Kong, China, February 26, 2019 /ChinaNewswire.com/ - Unveiling the delectable: “U.S. CHAIRMAN’S RESERVE PORK TOMAHAWK” at Belgian Beerhouses FRITES

Hong Kong 25th February 2019 – This March, dine at FRITES so you can taste the delectable new dish, the US Chairman’s Reserve Tomohawk. Staying true to its Belgian roots, the talented team of chefs at FRITES aspire to create European cuisine to delight the taste buds. To celebrate the Year of the PIG, FRITES will launch the “U.S. CHAIRMAN’S RESERVE PORK TOMAHAWK”, for HK$190 (originally priced HK$380) during March for either lunch or dinner. You can add an additional $180 for a 2-hour free flow red wine to pair with the dish.
With a generous portion of 350 grams of pork the tomahawk is famous for its tenderness and juiciness. Each Tomahawk pork is perfectly executed by the FRITES’ chefs, yielding a succulent texture and richness. The dish is served with creamed spinach, dauphinoise potato and confit cherry tomatoes. Call us today to book at table.
Enjoy this opulent meal like no others, but Chairman, in FRITES. FRITES’ U.S. CHAIRMAN’S RESERVE PORK TOMAHAWK will be available all day in March 2019 at all FRITES venues at HK$190 (originally HK$380). FRITES is located in Central, Wan Chai, Causeway Bay, and Quarry Bay. The success of these events deems it ESSENTIAL to book early to secure a table.
For details: www.frites.hk
[END]

About FRITES Management Ltd.
FRITES Belgian Beerhouses present delicious tradition European fare washed down by one of Hong Kong’s largest selections of draught and bottled Belgian Beer.
The growing chain of European-style bistro-beer halls are always warm and welcoming. Styled after traditional 1920s Belgian beer halls with high ceilings, rustic tables and stain glass windows, FRITES has created the perfect atmosphere for sharing hearty portions of great food, great brews and great conversations with friends.

Shop photos:
https://drive.google.com/drive/folders/0B1BAEwFwFOY8Um1PV0JqbFFMOTg

CHAIRMAN’S RESERVE PORK TOMAHAWK promotion photos:
https://drive.google.com/open?id=19mT-jUGGIhE_lEnEIzE7E7UrFAj66rJs

For media enquiries and high-resolution images, please contact our PR agency:
Rachel Lee
Public Relations Associate
The SWAH International
Direct: 2944 0648/ 6536 4263
Email:[email protected]

Source: ChinaNewswire.com

A Focus on Start-Ups: Rutronik24 Establishes Team to Support Innovative Companies




Hong Kong, China, February 21, 2019 /ChinaNewswire.com/ - Rutronik24, the sales organization of Rutronik Elektronische Bauelemen-te GmbH, set up a dedicated team called #8222;BaseCamp“ to focus on start-ups, dealing exclusively with the needs and projects of young, innovative companies. In addition to supplying components, the team also offers comprehensive and individually tailored consulting services.

To Andrea Bissinger, Director Sales Global at Rutronik24, supporting start-ups is only logical: “Rutronik24 fo-cuses on small and medium-sized companies with corresponding needs – so start-ups are precisely our target audience. All of our processes are tailored exactly to their requirements. This allows us to support young entre-preneurs and their projects with customized solutions. Thanks to our large network, this not only includes the required components and consulting services, but we also help put them in touch with suitable partners, such as for production, marketing and sales” says Bissinger. This is why Rutronik24 participates in festivals such as Innolution Valley, the Hannover Messe trade show, and various start-up events in order to network and build relationships with interested partners.

A new button has been added to www.rutronik24.com that allows start-ups to contact the sales organization’s newly formed start-up team directly. Marek Fuchs, Team Leader Field Sales at Rutronik24, is the first point of contact for founders and leads the three-person team. “I like to try out new things myself and enjoy thinking outside the box – and that goes for our entire team. We look forward to collaborating with start-ups from a variety of sectors in new ways and hopefully helping them both bring their product to market and make their company a success.”

About Rutronik (www.rutronik.com)
Rutronik Elektronische Bauelemente GmbH is the third largest distributor in Europe (European Distribution Report 2017) and the number eleven worldwide (SourceToday, May 2018). The broadline distributor supplies semiconductors, passive and electromechanical components as well as boards, storage, displays wireless products. The company's primary target markets are the automotive, medical, industrial, home appliance, energy and lighting industries. The ranges RUTRONIK EMBEDDED, RUTRONIK SMART, RUTRONIK POWER and RUTRONIK AUTOMOTIVE provide customers with specific products and services in groups tailored to the respective applications. Expert technical support for product development and design-in, individual logistics and supply chain management solutions as well as comprehensive services complete its scope of performance.

The company, founded by Helmut Rudel in 1973 in Ispringen, Germany, now has over 70 subsidiaries in Europe, Asia and the Americas. Rutronik employs more than 1,600 staff worldwide and achieved Group sales of 950 million euros in the fiscal year 2017.

The rutronik24.com e-commerce platform gives users access to the online catalog, the Procurement Area and the Product Change Notifications (PCNs) with just a single login. The online catalog provides an overview of all products including#8218; detailed data sheets, and intelligent search functions make selection easier. The mass quotation‘ link allows customers to use their parts list for convenient purchasing. In the Procurement Area, customers can obtain a quick overview of their current and past orders, tenders, article lists, safety stock level, contracts, consignment stock and traceability. The current catalogs, procurement information, PCNs and also a wide range of media are available for downloading.

###

Press contact:
Rutronik Elektronische Bauelemente GmbH: Sebastian H#246;r, Public Relations, Tel: +49 7231 801-1679;
E-mail: [email protected]

Techworks Asia Ltd: Claire Walker / Karrie Lee
Tel: +852 2525 8038 / 2525 3980
Email: [email protected] / [email protected]

Source: ChinaNewswire.com

Ruckus Introduces ICX 7850 Switch for 100GbE Edge-to-Core Networks




Hong Kong, China, February 21, 2019 /ChinaNewswire.com/ - Enables multi-gigabit networks with pay-as-you-grow model suitable for education, government and enterprise environments

Ruckus Networks, an ARRIS company, has announced the availability of its new ICX 7850 switch: an edge-to-core solution for the next decade of enterprise networking.

Ruckus’ stackable ICX 7850 delivers high-density aggregation for 10GbE, 25GbE, 40GbE, 50GbE, and 100GbE using existing customer investment in fiber cabling, making it suitable for large, secure enterprise edge networks in education, government and enterprise settings. The pay-as-you-grow design enables enterprise-scale networks to keep pace with advances in wireless technologies – such as 802.11ax (Wi-Fi 6), IoT and LTE – to accommodate continued multi-gigabit network growth.

“The ever-increasing need for Wi-Fi connectivity is taxing network cores, but the solution to keeping up with the proliferation of devices and advances in wireless technology does not need to be complex or expensive,” said Linda Hui, Managing Director, Ruckus Networks, Hong Kong, Macau and Taiwan. “The Ruckus ICX 7850 switch simplifies multi-gigabit network upgrades and reduces the total cost for enterprises through its ability to scale quickly and linearly to address current and future network demands.”

Simple, Pay-As-You-Grow Model and Management
The ICX 7850’s advanced stacking capabilities can scale up to 12 switches, which rivals the density of traditional chassis-based data center and enterprise switches. The hitless stack failover, multi-chassis trunking, and in-service software upgrades eliminate downtime. The available SmartZone#8482; network controller enables configuration, monitoring, and troubleshooting for the entire Ruckus ICX switch portfolio and wireless access point network. This highly scalable approach is easier to manage with reduced power and cooling requirements and a lower total cost of ownership.

“We are seeing a clear shift towards multigigabit access in enterprises, which makes the introduction of the Ruckus ICX7850 very timely,” said Brandon Butler, Senior Research Analyst, Enterprise Networks, IDC. “More data-intensive devices and applications continue to stress the core of the enterprise network and are driving a move to 100GbE network infrastructure. Ruckus’ ICX 7850 and management solutions address these issues and when complemented with the company's SmartZone network controller, the company is able to manage access points and switches in a ‘single pane of glass,’ simplifying network management and operational efficiency.”

“Ruckus’ ICX 7850 switch outperformed our existing core network chassis with easy installation and a much smaller footprint,” said Matt Mercer, Director of Network Services, Troy University. “Our new network, powered by the ICX 7850, is now able to deliver demanding student services for the next decade.”

Security and Encryption
The ICX 7850, along with all switches in the Ruckus portfolio, support the latest security standards and encryption technologies. ICX switches have been deployed in the U.S. federal government for over two decades and comply with the most stringent security standards and federal certifications including FIPS, Common Criteria, CSfC, and JITC. The ICX 7850 also supports Media Access Control Security (MACsec), a Layer 2 security technology, based on symmetric cryptographic keys, to provide point-to-point security on Ethernet links between nodes.

Adapts to Existing Infrastructure
Many organizations, particularly school districts with older, existing networks that have OM1 or OM2 fiber optic cables require Long Reach Multimode (LRM) optics to achieve the 10 Gbps connections needed for today’s bandwidth requirements. The ICX 7850 provides investment protection and an upgrade path for customers with older fiber infrastructure by providing support for LRM optics with select family members.

Availability
The ICX 7850 switch is now available and will be demonstrated in booth 2022 at AFCEA West 2019, February 13-15, 2019, at the San Diego Convention Center in San Diego, California.

About Ruckus Networks
Ruckus Networks, an ARRIS company, is redefining connectivity around the globe. With our partners, we build secure wired and wireless access networks for organizations that place a premium on connectivity experiences for end users as well as simplicity. Follow Ruckus on Twitter, Facebook, LinkedIn, Instagram, YouTube and subscribe to our blog.

About ARRIS
ARRIS International plc (NASDAQ: ARRS) is powering a smart, connected world. The company's leading hardware, software and services transform the way that people and businesses stay informed, entertained and connected. For more information, visit www.arris.com.

Source: ChinaNewswire.com

Autotalks and CEVA Collaborate on World’s First Global V2X Solution




Hong Kong, China, February 20, 2019 /ChinaNewswire.com/ - Autotalks chipset leverages CEVA-XC SDR DSP to unify DSRC and C-V2X in a single solution, reducing development, integration and certification effort for global V2X deployment

CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, and Autotalks, a world leader in V2X (Vehicle-to-Everything) communications solutions, announced today that the companies collaborated to add C-V2X Rel. 14/15 support to the CEVA-XC DSP based Autotalks chipset, making it the world’s first and only available solution capable of supporting both DSRC and C-V2X direct communications. The solution was demonstrated at CES 2019 by leading automotive tiers HARMAN, Valeo and others.

V2X communication is heading to mass-market adoption as the world’s largest OEMs announced intentions to equip their new car models with the technology. In recent years, V2X diverged into two different technologies, DSRC and C-V2X, with fundamentally different architectures, making it difficult to harmonize a single global solution. Autotalks, leveraging the software-defined capabilities of the CEVA-XC DSP in its chipset, addresses the need for a global solution by equipping its mass-market ready 2nd generation chipsets with C-V2X in addition to their native support of DSRC, at the highest security level.

Amos Freund, VP RD at Autotalks, commented: “Autotalks and CEVA have enjoyed a long and successful relationship, with their unique expertise in cellular and communication DSPs perfectly complementing our wireless know-how. The CEVA-XC DSP allowed us to quickly and seamlessly implement C-V2X support on our chipset in addition to DSRC, resulting in the world’s first and only truly secure global V2X solution.”

Michael Boukaya, vice president and general manager of the wireless business unit at CEVA, stated: “We are proud to have collaborated with Autotalks to extend their leadership in V2X communication solutions and become the first company in the world to support both C-V2X and DSRC on their automotive qualified AEC-Q100 grade 2 chipset. This use case perfectly illustrates the benefits of using a powerful programmable vector DSP like our CEVA-XC for communication SoCs, allowing new features and standards to be implemented in software on existing silicon.”

Autotalks’ deployment-ready, 2nd generation V2X chipset is the world’s first available solution which supports both DSRC based on 802.11p/ITS-G5 standards and C-V2X based on 3GPP specifications. The chipset allows customers to easily toggle between DSRC and C-V2X communications. The new chipset isolates V2X from the cellular Network Access Device (NAD), thus providing domain separation security, scalability and potential cost-optimizations of Telematic Control Unit (TCU) deployments. The separation of V2X from in-vehicle infotainment ensures that the safety related purpose of the V2X system is not compromised. Furthermore, V2X isolation combined with Autotalks’ recognized cyber security leadership enables a truly secure platform. Autotalks’ global V2X chipset is currently available for customer and partner C-V2X demonstrations. Autotalks will present in Mobile World Congress taking place in Barcelona on 25th-28th of February in Hall 5 Stand 5E71.

About Autotalks
Autotalks (www.auto-talks.com), which was founded in 2008, is a V2X chipset market pioneer and leader, providing customers worldwide with state-of-the-art V2X solutions. Autotalks helps reduce collisions on roadways and improve mobility with its automotive qualified chipsets. The chipsets offer the most advanced, truly secure and highest performing global V2X communication solution designed for autonomous vehicles. Autotalks’ advanced technology, to be mass deployed in the coming years, complements the information coming from other sensors, specifically in non-line-of-sight scenarios, rough weather or poor lighting conditions. It significantly improves overall road safety, effectively coordinating vehicles, self-driving cars, motorcyclists and pedestrians.

About CEVA, Inc.
CEVA is the leading licensor of signal processing platforms and artificial intelligence processors for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and cellular IoT (NB-IoT and Cat-M) enabled devices, advanced imaging and computer vision for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For artificial intelligence, we offer a family of AI processors capable of handling the complete gamut of neural network workloads, on-device. For connectivity, we offer the industry’s most widely adopted IPs for Bluetooth (low energy and dual mode) and Wi-Fi (Wi-Fi 4 (802.11n), Wi-Fi 5 (802.11ac) and Wi-Fi 6 (802.11ax) up to 4×4). Visit us at www.ceva-dsp.com and follow us on Twitter, YouTube, Facebook, LinkedIn and Instagram.

Contact:

CEVA
Richard Kingston
Tel: +1 650-417-7976
[email protected]

Autotalks
Alon Mlievski
Tel: +972 50-4438778 CEVA Media Contact
Claire Walker / Karrie Lee
Techworks Asia Ltd
Tel: +852 2525 8038 / 2525 3980
[email protected]
[email protected]

Source: ChinaNewswire.com