Via Transportation, Inc. (“Via”), a leading provider of technology to power public transit networks, today announced the pricing of its initial public offering of 10,714,285 shares of its Class A common stock at a public offering price of $46.00 per share. Via is offering 7,142,857 shares of Class A common stock and the selling stockholders are offering 3,571,428 shares of Class A common stock. In addition, Via has granted the underwriters a 30-day option to purchase up to an additional 1,607...

Hitachi, Ltd. (TSE:6501, "Hitachi"), today announced the establishment of a global Hitachi AI Factory based on NVIDIA AI Factory reference architecture, yielding a centralized infrastructure designed to accelerate the development and deployment of physical AI solutions across Hitachi’s core business sectors. The AI Factory is powered by Hitachi iQ with NVIDIA HGX B200 systems featuring NVIDIA Blackwell GPUs; Hitachi iQ M Series with NVIDIA RTX PRO 6000 Server Edition GPUs; and NVIDIA Spectrum-X...

The PPD™ clinical research business of Thermo Fisher Scientific, the world leader in serving science, today announced a new research and development (R&D) partnership with the AstraZeneca BioVentureHub in Gothenburg, Sweden. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251001395504/en/Thermo Fisher Bioanalytical lab The partnership aims to leverage the combined expertise of Thermo Fisher and AstraZeneca to drive innovation and...

QNB Group, the largest financial institution in the Middle East and Africa, announced the license approval has been received for a digital-first banking entity, ezbank, from the Saudi Central Bank ”SAMA”, in cooperation with Ajlan & Bros. Holding, with a capital of SAR 2.5 billion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251001012393/en/QNB Group Corporate Headquarters (Photo: AETOSWire) This milestone, in cooperation wit...

YesWeHack, the crowdsourced security testing and vulnerability management platform, is the European Commission’s new preferred provider of bug bounty services under a cascade model. The European Union’s main executive branch has run bug bounty programs to harden open source assets used across EU servers and systems since 2019. A new tender was launched this year to relaunch an expanded initiative. Having outscored rival platforms, YesWeHack has signed a four-year framework contract potentiall...

55 North, the world’s largest dedicated quantum technology venture capital fund, today announced the first close of its €300m inaugural Fund I at €134 million, establishing its position as the sector’s largest pure-play quantum VC. The fund was co-founded by three founding GPs, Owen Lozman, Dr. Helmut Katzgraber and Dr. Kai Hudek, who are expert quantum and deep-tech specialists; EIFO (the Export and Investment Fund of Denmark), and Novo Holdings, as anchor investors; and European VC firm Vsqua...

Xylem Inc. (NYSE: XYL), a leading global water solutions company, has entered into a definitive agreement for AURELIUS to acquire the assets of its water and heat metering business outside North America. The transaction comprises Xylem’s international metering business – a division of the company’s Measurement and Control Solutions segment. It includes associated metering assets, products, and facilities serving customers in Europe and select international markets. The division generated appr...

In line with Dubai’s ambitious Green Mobility Strategy 2030 and the growing demand for electric vehicles (EVs) and sustainable logistics, the Water, Energy, Technology and Environment Exhibition (WETEX), organised by Dubai Electricity and Water Authority (DEWA), keeps pace with the increasing number of local and international companies at the forefront of green mobility solutions across land, sea and air. This press release features multimedia. View the full release here: https://www.businessw...