Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
Xfinity Brings Illumination's "Minions & Monsters" to 700 Stores Nationwide
PHILADELPHIA, Pennsylvania, June 18 -- Comcast, a cable television company, issued the following news release:
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Xfinity Brings Illumination's "Minions & Monsters" to 700 Stores Nationwide
* Xfinity is celebrating the global theatrical release of Illumination's "Minions & Monsters" by bringing the magic to its 700 retail stores, with exclusive access and collectible drops for Xfinity members
* Minions campaign spotlights how easy and magical getting connected at home can be with Xfinity Same-Day WiFi
Enjoy exclusive collectible drops, VIP screenings and more with Xfinity Membership - available
... Show Full Article
PHILADELPHIA, Pennsylvania, June 18 -- Comcast, a cable television company, issued the following news release:
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Xfinity Brings Illumination's "Minions & Monsters" to 700 Stores Nationwide
* Xfinity is celebrating the global theatrical release of Illumination's "Minions & Monsters" by bringing the magic to its 700 retail stores, with exclusive access and collectible drops for Xfinity members
* Minions campaign spotlights how easy and magical getting connected at home can be with Xfinity Same-Day WiFi
Enjoy exclusive collectible drops, VIP screenings and more with Xfinity Membership - availablein the Xfinity app and Xfinity Stores Nationwide
The Minions bring their magic to launch Xfinity's new, fast Same-Day WiFi
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Comcast NBCUniversal is bringing connection to life this summer through a new collaboration inspired by Illumination's Minions & Monsters, in theaters July 1. To celebrate the riotous new chapter in the biggest animated franchise in cinema history, Minions will take over all 700 Xfinity stores, pairing pop culture fun with real-world innovation to show how fast, easy connectivity can turn everyday moments into something magical. Xfinity members can enjoy exclusive perks, collectible drops, and special screenings.
Immersive Retail Experiences: Illumination's Iconic Minions Take Over Xfinity Stores
Beginning June 15 through July 5, Xfinity retail stores nationwide will transform into playful Minions & Monsters destinations, turning store exploration into entertainment. Customers can step into an exclusive augmented-reality experience, "A Portal into Mayhem" that lets them interact with characters from the film, unlocking immersive portals that bring movie content into their real-world environment.
Minions fans, Xfinity members and new customers can search the store to find hidden Minions, conjure spells and collect movie clips. As they discover and scan character markers throughout the store, Xfinity members can score perks.
Select locations will feature larger-than-life Minions installations inspired by scenes from the movie, creating picture-perfect moments for fans and families. While supplies last, members can also take home limited-time Minions collectible drops, including pins and t-shirts, with exclusive merch available for Platinum and Diamond members.
Minions Make Same-Day WiFi Feel Like Magic
As part of the collaboration, Illumination's Minions help tell the story of Xfinity Same-Day WiFi--the simplest way to sign up, set up, and start using home WiFi in just one day.
With Same-Day WiFi, customers can:
* Sign Up with convenient retail pickup or, in select markets, home delivery of Xfinity equipment
* Set Up using a smart, secure, plug-and-play device
* Start Up with just a few clicks in the Xfinity app - streaming, gaming, and browsing in no time
It's fast, easy and almost as much fun as the Minions themselves! Across Xfinity stores, Same-Day WiFi and fan-favorite characters come together to show that getting connected doesn't have to be mayhem--it can feel like magic.
Xfinity x Illumination's "Imagine That"
This all comes to life through Xfinity's new "Imagine That" campaign, inspired by the playful, high-energy world of Illumination's Minions & Monsters. Through fast-paced, mischievous storytelling, the campaign shows how Xfinity's Same-Day WiFi transforms that experience into something magical--letting customers go from sign-up to streaming the very same day.
Members Get More With Exclusive Access and Perks
Xfinity is extending the celebration beyond stores and into theaters with special experiences for members.
All members will have access to a $5 Fandango Movie Cash offer and be able to purchase tickets for early access screenings of the film through Fandango, while supplies last, plus the ability to download Minions & Monsters digital experience kits directly through the Xfinity app.
Diamond members can also enter to win tickets to VIP screenings in Philadelphia, Boston, Seattle, Chicago, and San Francisco.
The Minions & Monsters celebration is the latest example of how Xfinity delivers the best of Comcast NBCUniversal's family of brands to customers and brings beloved franchises to life. From entertainment and streaming to live events, theme parks, and cultural moments, Xfinity membership unlocks exclusive perks, discounts and experiences for all eligible customers at no additional cost. For more information, visit xfinity.com/membership.
What is Same-Day WiFi?
Same-Day WiFi is Xfinity's simple way for customers to get home internet up and running in a single day--from sign-up to streaming. Customers can:
* Sign up and pick up equipment in-store or receive delivery in select markets
* Set up using a plug-and-play device
* Start streaming quickly through the Xfinity app
What do Xfinity members get as part of this collaboration?
As part of the celebration of Illumination's Minions & Monsters, Xfinity members can access limited-time experiences and rewards, including early and VIP screenings, collectibles, $5 Fandango Movie Cash, and Minions-themed moments available through the Xfinity app and at 700 retail stores nationwide.
What will consumers experience in Xfinity stores?
Xfinity is turning store visits into entertainment experiences while demonstrating how easy it is to get connected with Xfinity products like Same-Day WiFi.
From June 15 through July 5, Xfinity retail stores will transform into Minions & Monsters-themed destinations featuring:
* Augmented-reality experiences with Minions characters
* Interactive photo opportunities and shareable content moments
* Large-scale installations inspired by the film, in select locations
* Limited-time collectible merchandise
How is Xfinity supporting the Minions & Monsters theatrical release?
Xfinity is extending the experience into theaters with:
* Access to early screenings of Minions & Monsters, with tickets purchased through Fandango
* VIP screening giveaways for Diamond members in key markets, including Philadelphia, Boston, Seattle, Chicago, and San Francisco
* $5 Fandango Movie Cash offer for a limited time, while supplies last
Where can consumers access these experiences?
Offers are available through the Xfinity app and at more than 700 Xfinity retail locations nationwide.
Who is eligible for these offers?
Many offers are available to all Xfinity members, with select premium experiences reserved for Platinum and Diamond tiers.
What is Xfinity membership?
Xfinity membership is an always-on loyalty experience that automatically gives eligible customers access to perks, discounts, and one-of-a-kind experiences--powered by Comcast NBCUniversal's family of brands--delivering more value the longer and deeper customers engage with Xfinity.
Xfinity membership is included automatically, for eligible customers, at no additional cost. Members can access all benefits directly through the Xfinity app.
What benefits does Xfinity membership include?
Xfinity membership offers three categories of benefits that evolve throughout the year:
* Perks: Weekly entertainment benefits, including movie giveaways and $1 rentals, exclusive merchandise, and rotating surprises refreshed every Thursday
* Discounts: Savings on mobile, streaming, and accessories, including Peacock Premium 'on us' for eligible members
* Exclusives: Unforgettable experiences such as VIP event access, sweepstakes, and behind the scenes opportunities
How does the Xfinity membership tier system work?
Membership tiers - Silver, Gold, Platinum, and Diamond - are determined by both tenure with Xfinity and the number of eligible services a member has. Higher tiers unlock more value and premium access. The tiers include:
* Silver (0-1 Year or 1 Service)
* Gold (>1-5 Years or 2 Services)
* Platinum (>5-10 Years or 3 Services)
* Diamond (10+ Years or 4+ Services)
Where can media and consumers find more information?
More details are available via:
* The Xfinity app
* Xfinity retail stores nationwide
* https://www.xfinity.com/membership
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About Comcast
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.
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Original text here: https://corporate.comcast.com/press/releases/xfinity-celebrates-release-of-illuminations-minions-monsters-exclusive-access-perks-members
[Category: BizTelecommunications]
Sabre Scales Agentic AI Deployment as Ultra Group Expands Globally Under Linex
SOUTHLAKE, Texas, June 18 -- Sabre, a travel technology company, issued the following news release on June 17, 2026:
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Sabre scales agentic AI deployment as Ultra Group expands globally under Linex
SOUTHLAKE, Texas and NEW YORK - Sabre Corporation (NASDAQ: SABR), an AI-native technology leader, today announced a landmark technology deployment with Ultra Group, now Linex Travel as part of Linex Loyalty. The collaboration marks another real-world implementation of Sabre's Model Context Protocol (MCP) server, bringing cutting-edge agentic artificial intelligence into the core of global enterprise
... Show Full Article
SOUTHLAKE, Texas, June 18 -- Sabre, a travel technology company, issued the following news release on June 17, 2026:
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Sabre scales agentic AI deployment as Ultra Group expands globally under Linex
SOUTHLAKE, Texas and NEW YORK - Sabre Corporation (NASDAQ: SABR), an AI-native technology leader, today announced a landmark technology deployment with Ultra Group, now Linex Travel as part of Linex Loyalty. The collaboration marks another real-world implementation of Sabre's Model Context Protocol (MCP) server, bringing cutting-edge agentic artificial intelligence into the core of global enterpriseloyalty and travel servicing.
The rollout coincides with a transformative new chapter for Ultra Group, following its acquisition by Linex Capital, a New York-based private equity firm specializing in the loyalty and rewards sectors. As Ultra Group moves into the Linex ecosystem to build a next-generation loyalty redemption marketplace for top tier international banking and financial institutions, the AI-native Sabre Mosaic(TM) platform will serve as the underlying engine powering the platform's global expansion.
At the center of this evolution is Sabre's Agentic AI technology - which is helping shift the travel industry from theoretical AI frameworks to practical, production-ready agentic workflows. The server acts as a secure, intelligent translation layer, enabling autonomous AI agents to interact directly with the complex language of travel.
Built on the Sabre MCP Server, Linex Travel's agentic workflows this week have begun managing complex, data heavy post-booking processes - such as ticket reissues, dynamic exchanges and servicing updates - that have traditionally required manual, multi step intervention.
"This milestone with Linex is exactly the type of practical, high-impact business outcome we designed our MCP server to deliver," said Garry Wiseman, President Product and Engineering, Sabre. "True innovation is about putting production-grade AI into the heart of mission-critical travel workflows. As Linex Travel scales its footprint internationally, Sabre is proud to provide the architectural foundation that makes possible the future of autonomous travel retailing and servicing."
Linex Travel already commands a strong position in the Latin American travel loyalty landscape, managing rewards infrastructure for major banking clients across 12 countries.
As more journeys start in conversational and AI-driven environments, loyalty programmes must evolve to operate seamlessly within those interactions - connecting rewards, offers and servicing directly into the flow of planning and booking. By combining Sabre's agentic AI capabilities with Linex Travel's deep expertise in loyalty, the collaboration is helping address one of the next major challenges in travel: embedding loyalty into intelligent, end-to-end digital travel experiences.
"Partnering with Sabre ensures our platform is built for the future as we expand," said Andres Pelaez, CEO of Linex Travel and Board Member, Linex Loyalty. "By becoming one of the first in the industry to commercially deploy Sabre's MCP architecture, we're able to seamlessly apply agentic AI to flatten operational friction today, while building a scalable, and secure marketplace capable of serving the world's largest loyalty ecosystems."
This milestone reinforces Sabre's focus on turning MCP-enabled AI into practical business outcomes - and highlights how partners are using those capabilities to support larger strategic transformation.
Sabre took an early leadership position in bringing agentic AI into travel, recognising that the next wave of innovation would come from systems capable not just of responding to requests, but of executing complex, real-world tasks across the travel journey. The MCP Server was developed to enable this shift - providing a standardised way for AI agents to connect to Sabre's platform and act across shopping, booking and servicing workflows.
Today, that strategy continues to take shape in practice, with a growing number of customers actively testing, piloting and moving into production with MCP-enabled use cases across a range of operational and customer-facing applications
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About Sabre: Powering the agentic revolution in travel.
Sabre is an AI-native technology leader, backed by one of the world's largest travel data clouds. With AI at its core and operating at unparalleled scale, Sabre transforms insights into innovation, empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Sabre is built on an open, modular, cloud-native architecture and serves as the backbone for both established leaders and bold, new disruptors, guiding them to the next age of travel retailing through intelligent, connected, and personalized
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About Linex Loyalty: A Trusted Partner in Loyalty Management
Linex is a comprehensive, one-stop-shop solution that manages entire loyalty programs from conception to operation, covering everything from user engagement to a vast universe of points redemption options. Its core solutions include:
* Linex Mint: Features one of the market's most advanced accrual engines to customize how dynamic rewards are accumulated for specific users.
* Linex Marketplace: Provides a dynamic marketplace with unlimited redemption options, leveraging a suite of AI assistants to create personalized redemption experiences for users.
* Linex Engage: Focuses on user behavioral data analysis and targeted marketing campaigns to increase engagement and optimize program performance.
www.linex-loyaty.com
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About Ultra Group/Linex Travel: The Expert in Travel Loyalty
Ultra Group, now called Linex Travel and owned by Linex Capital, is the leading travel loyalty redemption technology provider in the banking vertical, serving over 30 bank clients across 12 countries in Latin America. Operating with offices in Colombia, Panama, Mexico, Peru, and Ecuador, Linex Travel seamlessly integrates with financial institutions' rewards programs, enabling users to redeem points globally for hotel bookings, airline tickets, car rentals, and unique experiences.
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URL: Linex Travel
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Original text here: https://www.sabre.com/resources/newsroom/sabre-scales-agentic-ai-deployment-as-ultra-group-expands-globally-under-linex/
[Category: BizComputer Technology]
Pillsbury Advises Crestone Air Partners on Acquisition of Arena Aviation Capital
NEW YORK, June 18 -- Pillsbury, a law firm, issued the following news release:
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Pillsbury Advises Crestone Air Partners on Acquisition of Arena Aviation Capital
Pillsbury advised Crestone Air Partners, a global aviation asset management platform, on its recent acquisition of Arena Aviation Capital, an aviation asset manager.
The acquisition significantly expands Crestone's scale and enhances the breadth of its capabilities. The combined platform manages a portfolio of approximately 120 aircraft and 17 engines leased to customers worldwide, representing more than $4 billion in assets under
... Show Full Article
NEW YORK, June 18 -- Pillsbury, a law firm, issued the following news release:
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Pillsbury Advises Crestone Air Partners on Acquisition of Arena Aviation Capital
Pillsbury advised Crestone Air Partners, a global aviation asset management platform, on its recent acquisition of Arena Aviation Capital, an aviation asset manager.
The acquisition significantly expands Crestone's scale and enhances the breadth of its capabilities. The combined platform manages a portfolio of approximately 120 aircraft and 17 engines leased to customers worldwide, representing more than $4 billion in assets undermanagement.
The transaction also includes a passive minority equity investment from funds managed by Blue Owl Capital. The investment is intended to support Crestone's continued growth and complement Blue Owl's asset acquisition program with Crestone.
Click here (https://crestoneairpartners.com/?article=arena-acquisition-complete) to learn more.
The Pillsbury deal team was led by Finance partner Melissa Jones-Prus and Corporate partner Lindsey Livingston and included Corporate counsel JP Cordon and Brandon Eckford, senior associate Branden Lau, associates Natalie Alexander, Joseph Mario Guarnaccia and Anne Reyna; senior law clerks Jasmin David and Lauryn Holliday and senior legal analyst Desire Castillo; Finance associate Nicolas St-Amant; Tax partner Harsha Reddy and special counsel Ivan Mitev; and Executive Compensation & Benefits partner Jessica Lutrin.
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URL: Crestone Air Partners
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Original text here: https://www.pillsburylaw.com/en/news-and-insights/pillsbury-crestone-air-partners-acquisition-arena-aviation-capital.html
[Category: BizLaw/Legal]
Holland & Knight Advises Uplift Investors' Orion Legal MSO on Partnership With John Foy & Associates
MIAMI, Florida, June 18 -- Holland and Knight, a law firm, issued the following news release:
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Holland & Knight Advises Uplift Investors' Orion Legal MSO on Partnership with John Foy & Associates
NEW YORK - Holland & Knight's Legal Services Transactions Team represented Orion Legal MSO, a managed services organization (MSO) that supports plaintiff firms, on its co-founding partnership with John Foy & Associates, a personal injury law firm that practices across Georgia. Orion Legal MSO is owned by Darien, Connecticut-based Uplift Investors, a middle-market private equity firm with a business
... Show Full Article
MIAMI, Florida, June 18 -- Holland and Knight, a law firm, issued the following news release:
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Holland & Knight Advises Uplift Investors' Orion Legal MSO on Partnership with John Foy & Associates
NEW YORK - Holland & Knight's Legal Services Transactions Team represented Orion Legal MSO, a managed services organization (MSO) that supports plaintiff firms, on its co-founding partnership with John Foy & Associates, a personal injury law firm that practices across Georgia. Orion Legal MSO is owned by Darien, Connecticut-based Uplift Investors, a middle-market private equity firm with a businessmodel-centric focus on services investing.
The partnership supports the continued expansion of Orion's national platform, building on its founding partnership with Dudley DeBosier Injury Lawyers and, most recently, Hughes & Coleman Injury Lawyers. As part of the transaction, John Foy, the firm's founder and CEO, will also become a member of Orion's National Advisory Board, a forum for partner firms to help guide strategy and operations across the platform.
Orion will provide John Foy & Associates with non-legal operational support services, including marketing, finance, technology, talent and administrative infrastructure, designed to enable attorneys to focus on their clients and legal outcomes. John Foy & Associates remains 100 percent owned by John Foy, who will continue to direct the firm's legal practice.
The Holland & Knight team advising Orion was led by Partner Trisha Rich (Legal Profession Regulation) and Partners Joshua Porte and Chrystie Holmstrom (M&A). They were assisted by Partner Kristin Ornstein and Associates Remy Farkas and Gabrielle Engel (M&A); Partner Lindsay Murphy and Associates Rachel Long and Jessica Novey (Executive Compensation & Benefits); Senior Counsel Thu Lam and Associate Christine Younger (Tax); Associate Harshita Rathore (Regulatory); Associate Allysan Scatterday (Intellectual Property); Associate Jasmin Hampton (Real Estate); and Associate Lee Sands (Labor & Employment).
Holland & Knight's Legal Services Transactions Team is supported by nearly 50 lawyers spanning corporate, mergers and acquisitions, finance, legal ethics, legal regulation, tax, employment, venture capital, fund formation and related disciplines. The team's work spans the full life cycle of legal services transactions, from initial structuring through execution and operational implementation. This transaction marks the 17th that Holland & Knight has closed in the legal MSO space in 2026.
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URL: Orion Legal MSO
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Original text here: https://www.hklaw.com/en/news/pressreleases/2026/06/holland-knight-advises-uplift-investors-orion-legal-mso-on-partnership
[Category: BizLaw/Legal]
Cadence Accelerates Digital Twin-Driven Data Center AI Modernization With HPE
SAN JOSE, California, June 18 [Category: BizComputer Technology] -- Cadence Design Systems, a provider of electronic design automation and semiconductor intellectual property, issued the following news release:
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Cadence Accelerates Digital Twin-Driven Data Center AI Modernization with HPE
Solution will maximize data center and AI factory profitability while delivering engineering-grade insights to design and operations for more efficient, sustainable, and resilient infrastructure
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Cadence announced an expansion of its collaboration with HPE to accelerate digital twin-driven data center
... Show Full Article
SAN JOSE, California, June 18 [Category: BizComputer Technology] -- Cadence Design Systems, a provider of electronic design automation and semiconductor intellectual property, issued the following news release:
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Cadence Accelerates Digital Twin-Driven Data Center AI Modernization with HPE
Solution will maximize data center and AI factory profitability while delivering engineering-grade insights to design and operations for more efficient, sustainable, and resilient infrastructure
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Cadence announced an expansion of its collaboration with HPE to accelerate digital twin-driven data centermodernization, enabling customers to improve planning, optimization, and lifecycle operations for next-generation AI and high-performance computing (HPC) infrastructure. The collaboration combines the Cadence Reality Digital Twin Platform, which virtualizes data center environments using AI, HPC, and physics-based simulation to significantly optimize end-to-end computational throughput, with HPE's sustainable data center modernization services and expertise. The standardization of the platform within HPE's AI-focused modular data center, AI Mod POD, also improves total cost of ownership, speeds deployment, and increases operational efficiency.
"As AI reshapes data center requirements, digital twins provide a powerful foundation for designing and operating high-performing infrastructure. Working with HPE, we aim to help customers model and optimize complex environments using AI, HPC, and physics-based simulation--reducing risk while improving energy efficiency and supporting customers' sustainability ambitions," said Sherman Ikemoto, Group Director, Cadence.
As data centers evolve to support increasingly power-dense AI workloads and advanced cooling architectures, operators must modernize quickly while meeting sustainability, regulatory, and service-level objectives. Together, Cadence, NVIDIA, and HPE will deliver scalable, energy-efficient data center blueprints--from edge to cloud--helping customers de-risk decisions before physical deployment, unlock stranded capacity, and maintain optimal performance as requirements change.
"HPE is focused on helping customers modernize data centers for the AI era with solutions that are scalable, secure, and more sustainable. By deepening the collaboration with Cadence, we bring engineering-grade digital twin capabilities to customers so they can optimize capacity, energy efficiency, and operational decisions across the data center lifecycle," said Paul Nelson, Global Director, IT Sustainability & Data Center Services, HPE.
New Solutions for AI- and HPC-Ready Data Centers
Cadence will introduce digital twin-based solutions that address key data center modernization priorities across design, deployment, and operations. These solutions will help customers:
* Design AI- and HPC-ready facilities that meet stringent power, space, cooling, and IT sustainability targets, using high-fidelity digital twins to validate decisions before committing to physical infrastructure to maximize tokens-per-watt performance.
* Accelerate planning and operations for HPE Data Center Services - AI Mod POD and related AI data center solutions by using Cadence Reality DC Elements Design Library to evaluate deployment scenarios in advance. These Cadence Reality DC elements digital models include the now available NVIDIA GB300 NVL72 and the upcoming NVIDIA Vera Rubin NVL72.
* Increase IT and facilities utilization and reduce stranded capacity with predictive modeling of power and cooling behavior ahead of configuration changes or workload shifts on the data center floor.
* Improve operational intelligence and IT sustainability by running "what-if" scenarios that support long-term capacity planning, energy optimization, and failure or upgrade planning.
By integrating Cadence's engineering-grade simulation and digital twin capabilities with HPE's AI data center solutions and services, customers can move faster and with greater confidence as they scale AI infrastructure in existing and new facilities.
The Value of Cadence Digital Twins
The Cadence Reality Digital Twin Platform enables customers to create high-fidelity digital replicas of entire data centers and campuses by dragging and dropping vendor-provided digital models that simulate the physical behavior of their real-world counterparts. These predictive models help data center operators optimize energy efficiency, capacity, and resiliency from initial design through day-to-day operations.
Those looking to improve their data center architectures can do so by working with HPE's world-recognized data center design and engineering team, which incorporates the Cadence Reality Digital Twin Platform to build an engineering-accurate, physics-based layer that enables teams to evaluate design tradeoffs earlier and continuously refine operations against real-world constraints.
See Cadence at HPE Discover Las Vegas 2026
Join a roundtable "Data Centers for AI: Power, Scale, and Deployment Choices," June 17, 11:00am - 11:45am, featuring Sherman Ikemoto, Group Director at Cadence, with more than 30 years of experience across the data center lifecycle--from design and build to operations and optimization.
You can also visit the HPE AI Mod POD with NVIDIA live demo to see how the Cadence Reality Digital Twin Platform, alongside NVIDIA AI Computing by HPE, serves as an integral part of HPE's modular AI data center solution--enabling continuous, lifecycle-wide optimization to meet stringent tokens-per-watt performance targets.
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Original text here: https://community.cadence.com/cadence_blogs_8/b/data-center/posts/cadence-accelerates-digital-twin-driven-data-center-ai-modernization-with-hpe
Bahrain Polytechnic Inaugurates Bloomberg Finance Lab to Strengthen Graduate Financial Skills and Employability
NEW YORK, June 18 -- Bloomberg issued the following news:
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Bahrain Polytechnic inaugurates Bloomberg Finance Lab to strengthen graduate financial skills and employability
* New finance lab supports Bahrain's workforce development and economic diversification ambitions
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Manama, Bahrain - Bahrain Polytechnic and Bloomberg announced the launch of a Bloomberg Finance Lab, inaugurated earlier this year, marking a significant milestone in the Polytechnic's efforts to strengthen financial education and to equip its students with the practical skills to succeed in a competitive global labor
... Show Full Article
NEW YORK, June 18 -- Bloomberg issued the following news:
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Bahrain Polytechnic inaugurates Bloomberg Finance Lab to strengthen graduate financial skills and employability
* New finance lab supports Bahrain's workforce development and economic diversification ambitions
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Manama, Bahrain - Bahrain Polytechnic and Bloomberg announced the launch of a Bloomberg Finance Lab, inaugurated earlier this year, marking a significant milestone in the Polytechnic's efforts to strengthen financial education and to equip its students with the practical skills to succeed in a competitive global labormarket.
Bahrain Polytechnic is dedicated to developing a highly skilled workforce and advancing the Kingdom's economic diversification goals by ensuring its academic programs are closely aligned with national priorities. The addition of the Bloomberg Finance Lab further strengthens this commitment, bringing professional-grade financial tools into the classroom and research environment.
Equipped with 20 Bloomberg Terminals, the lab positions Bahrain Polytechnic alongside more than 1,200 academic institutions worldwide that integrate this leading technology into their curriculum. The Bloomberg Terminal provides real-time and historical data, advanced analytics, market-moving news, and electronic trading tools, enabling users to analyze financial markets and make informed decisions using the same tools relied upon by global financial institutions, corporations, and policymakers.
On this occasion, Professor Ciaran O Cathain, CEO of Bahrain Polytechnic, stated: "The Bloomberg Finance Lab represents a cornerstone initiative within Bahrain Polytechnic's Strategic Plan 2026-2029. It reflects our ongoing commitment to cultivating global citizenship, fostering co-creation and co-delivery in education, and providing students with the skills and experiences needed to excel in an increasingly interconnected world. This state-of-the-art lab will directly benefit students across our undergraduate and Master's programs in the fields of banking and finance, fintech, and accounting, offering them hands-on experience with professional-grade financial tools. By engaging with real-time data, advanced analytics, and market simulations, our students will be fully prepared to navigate and succeed in the global financial market, equipped with the practical knowledge and confidence that employers and industry leaders demand."
The Bloomberg Finance Lab will help undergraduate and post-graduate students build the skills needed for a career in finance. Students will have access to e-learning certification courses, including the Bloomberg Market Concepts (BMC) course. Undergraduate and Master's program students will also receive training on the use of the Bloomberg Terminal, and take courses on investment, risk and portfolio management. The lab will also be accessible to the university's academic community to conduct research projects.
Rajiv Mirwani, Head of Middle East, Bloomberg LP said: "We are delighted to collaborate with Bahrain Polytechnic to launch the Bloomberg Finance Lab. By providing students with access to the same tools and analytics used by leading financial institutions worldwide, we are helping to equip the next generation of Bahraini professionals with the skills, confidence, and global perspective required to thrive in today's dynamic financial markets."
The launch of the Bloomberg Finance Lab reflects a shared commitment to advancing finance education in Bahrain and supporting the continued development of talent aligned with the country's economic priorities.
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About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.
For more information, visit Bloomberg.com/company or request a demo.
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About Bahrain Polytechnic
Founded with a national mandate to produce work-ready graduates, Bahrain Polytechnic is committed to delivering applied, industry-relevant education that supports economic growth and innovation. Our mission is to make Polytechnic accessible to everyone, through our distributive campuses, in a physical, blended, and online form, in full-time and part-time modes.
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URL: Bahrain Polytechnic
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Original text here: https://www.bloomberg.com/company/press/bahrain-polytechnic-inaugurates-bloomberg-finance-lab-to-strengthen-graduate-financial-skills-and-employability/
[Category: BizMedia]
Accenture to Strengthen Capabilities for Software and Automation Solutions From Siemens Digital Industries With Acquisition of Industries EXcellence Group
NEW YORK, June 18 -- Accenture, a global professional services company, presented the following news release:
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Accenture to Strengthen Capabilities for Software and Automation Solutions from Siemens Digital Industries with Acquisition of Industries eXcellence Group
Acquisition will support the continued growth of the Accenture Siemens Business Group
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ROME and CHICAGO - Accenture (NYSE: ACN) has agreed to acquire Industries eXcellence Group ("IndX"), a division of Engineering Group and long-standing partner of Siemens Digital Industries. The acquisition will strengthen Accenture's ability
... Show Full Article
NEW YORK, June 18 -- Accenture, a global professional services company, presented the following news release:
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Accenture to Strengthen Capabilities for Software and Automation Solutions from Siemens Digital Industries with Acquisition of Industries eXcellence Group
Acquisition will support the continued growth of the Accenture Siemens Business Group
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ROME and CHICAGO - Accenture (NYSE: ACN) has agreed to acquire Industries eXcellence Group ("IndX"), a division of Engineering Group and long-standing partner of Siemens Digital Industries. The acquisition will strengthen Accenture's abilityto help manufacturers modernize product development, production and supply chain operations through software, data, and AI-enabled technologies.
"Manufacturers are increasingly investing in software, data and AI to make engineering and factory operations more flexible, intelligent and connected," said Tracey Countryman, global supply chain and engineering lead at Accenture. "But many companies struggle to integrate these technologies across their products, factories, plants and supply chains. We will combine IndX's proven expertise in Siemens technologies with Accenture's AI capabilities and industry knowledge to solve this challenge for clients faster."
Headquartered in Rome and Chicago, IndX brings proven expertise in software for discrete and process manufacturers from Siemens. It specializes in implementing digital thread solutions that help clients connect engineering, manufacturing and automation across IT and operational technology, from product lifecycle management, simulation and digital twins to Supervisory Control and Data Acquisition (SCADA), industrial edge computing and cloud computing.
IndX's clients are leading companies in industries including aerospace & defense, automotive, consumer goods, energy, high tech, industrial equipment, life sciences and utilities. It has a team of more than 650 professionals based in Italy, US, India, Germany, other European countries and Mexico.
Once the acquisition has been completed, IndX's team and capabilities are expected to support the continued growth of the Accenture Siemens Business Group, a dedicated global business practice formed last year, which combines leading industrial technology with AI-enabled engineering and manufacturing capabilities.
"Accenture's acquisition of IndX is a milestone for the Accenture Siemens Business Group," said Tony Hemmelgarn, President and CEO of Siemens Digital Industries Software. "It brings proven skills in our industrial solutions for digital manufacturing, engineering, automation, digital twin and simulation, plus long-standing relationships with clients that apply them."
"Together with Siemens, we develop industrial AI-enabled solutions that shorten engineering time to market, increase manufacturing efficiencies and strengthen the digital core for our clients," added Vivek Kaushik, global lead of Accenture Siemens Business Group at Accenture. "IndX will strengthen the Accenture Siemens Business Group and help deliver on Accenture and Siemens' shared ambition to scale these AI solutions."
Following the completion of the acquisition, Accenture plans to establish two new Centers of Excellence for Siemens DI solutions in Italy and India. The centers will bring together professionals with expertise in industrial software and advanced digital technologies to help clients improve how they design products, run factories, and manage supply chains by combining industrial software, AI and digital engineering capabilities.
"Italy has a unique combination of manufacturing excellence, engineering capabilities and innovation talent," said Teodoro Lio, Market Unit Lead of Accenture Italy. "By expanding our Siemens industrial software capabilities and creating a new Center of Excellence in Italy, we are strengthening an ecosystem that can help Italian industry become even more competitive at the global level, accelerate digital transformation, and create highly specialized skills and jobs for the country."
Accenture will integrate IndX's assets and services for other technologies into its respective business units.
Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.
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Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "likely," "anticipates," "aspires," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "goal," "target" and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below may be amplified by conflict in the Middle East, as well as any escalation or expansion of economic disruption or the conflict's current scope. These risks include, without limitation, risks that: Accenture and Engineering Group will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties' ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture's results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company's clients' businesses and levels of business activity; Accenture's business depends on generating and maintaining client demand for the company's solutions and services including through the adaptation and expansion of its solutions and services in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company's results of operations; risks and uncertainties related to the development and use of AI, including advanced AI, could harm the company's business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company's business, the utilization rate of the company's professionals and the company's results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; if Accenture does not successfully manage and develop its relationships with its ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company's results of operations could be adversely affected; Accenture's ability to attract and retain business and employees may depend on its reputation in the marketplace; Accenture's profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture's level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company's effective tax rate, results of operations, cash flows and financial condition; Accenture's results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture's debt obligations could adversely affect its business and financial condition; as a result of Accenture's geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture's business could be materially adversely affected if the company incurs legal liability; Accenture's work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture's global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture's solutions or services infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the "Risk Factors" heading in Accenture plc's most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture's expectations.
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About Accenture
Accenture helps the world's leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed for organizations across industries. Our strategy is to be the reinvention partner of choice for our clients and lead in the safe, widespread adoption of AI, and to be the most client-focused, AI-enabled, great place to work in the world. We bring together the talent of our approximately 786,000 people with proprietary assets and platforms, deep process and industry expertise, and leading ecosystem relationships to deliver end-to-end solutions and measurable outcomes at scale. Through our Reinvention Services, we offer broad expertise across Cybersecurity, Digital Core, Finance, Industry and Enterprise, Song, Supply Chain and Engineering, and Talent, with advanced capabilities in AI and Data, Industry and Process, and Technology. We serve approximately 9,000 clients and generated approximately $70 billion in FY25 revenue. Visit us at accenture.com.
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Original text here: https://newsroom.accenture.com/news/2026/accenture-to-strengthen-capabilities-for-software-and-automation-solutions-from-siemens-digital-industries-with-acquisition-of-industries-excellence-group
[Category: BizConsulting]
