IOWN All-Photonics Network with Optical Fiber Sensing Functions Achieves Wide-Area Traffic Flow Monitoring

TOKYO, Oct 1, 2024 - (JCN Newswire via SeaPRwire.com) - NTT Corporation, NTT EAST Corporation, NTT WEST Corporation and NEC Corporation have jointly devised a connection configuration to add optical fiber sensing functions to the IOWN All-Photonics Network (APN)(1). By applying this configuration to multiple routes of optical fiber for communication already laid underground (in the service area of NTT WEST in Osaka City), we have demonstrated that it is possible to grasp area-wide traffic trends using optical fiber sensing, and to visualize and analyze traffic conditions in real time.Optical fiber sensing in the IOWN APN enables low-cost, prompt, and flexible expansion of urban monitoring across a wide plane. In the future, we will promote R&D and co-creation activities toward the establishment of more advanced optical fiber sensing that will contribute to solving social and regional issues by implementing optical fiber sensing in society and exploring usage scenarios based on these results.1. BackgroundOptical fiber sensing, which enables the use of optical fiber for communication as a sensor, is expected to create new social value as demonstration tests and introduction of technologies for detecting construction vibration [1], supporting road snow removal decisions [2], and improving the efficiency of communication facility maintenance and operation progress [3]. The combination of IOWN and optical fiber sensing enables advanced data analysis by taking advantage of the high-speed transfer of large amounts of data by APN, and is thought to promote the use of sensing data. Furthermore, by using the optical path selection function of the APN-Gateway (APN-G) 2, which composes APN, a single optical fiber sensing device can measure multiple existing communication optical fibers connected to APN-G. Thus, optical fiber sensing in conjunction with the IOWN APN has the potential to realize low-cost, prompt and flexible urban monitoring across a wide plane (Figure 1), and these advantages are described in the IOWN Global Forum publication [4].With the aim of social implementation of optical fiber sensing using IOWNs, the four companies constructed a connection configuration that enables optical fiber sensing via APN-G, and conducted wide-area traffic flow monitoring on open roads. Several examples of traffic flow monitoring using optical fiber sensing have been reported [5], but this is the first case of wide area monitoring along multiple open roads.Figure 1: Wide-Area Optical Fiber Sensing Using IOWN2. Point of the technologyConstruction of a connection configuration that can add optical fiber sensing functions to the APN-GSince optical fiber sensing is measured using the round trip propagation of light, it is necessary to connect the optical fiber sensing instrument in a configuration that avoids devices (such as optical amplifiers) placed on the optical path of the APN that transmit light only in one direction. For this reason, we have devised and constructed a connection configuration between the APN-G and an optical fiber sensing device that uses a directional-coupler (optical circulator) to avoid a device (optical amplifier) that transmits light only in one direction of the APN-G and to extract the round trip sensing light (Figure 2).Utilizing optical fiber for communication installed in underground pipelinesSince the measurement is possible without any modification to the communication optical fiber cable or underground conduit, it is possible to obtain sensing data from a wide area by effectively utilizing existing facilities.Optimized vehicle speed analysis for open roadsUnlike long straight roads such as expressways, we conducted an analysis so that the speed and number of vehicles can be detected on short straight roads such as open roads with many intersections.Figure 2: Connection Configuration for Implementing Optical Fiber Sensing via IOWN APN3. Results of the joint experimentFive vibration sensing devices were connected to the APN-G to simultaneously measure surface vibration on five routes (Wiring totaling 37 km, covering 8 km in four directions) of existing optical fiber communication cables (laid underground on roads in Osaka City). By analyzing this traffic vibration with a vehicle speed analysis algorithm, we were able to visualize in real time the average vehicle speed of vehicles on open roads, the amount of traffic on the road and its changes over time in a 200 m mesh granularity (Figure 3). In addition, it was confirmed that the results of the analysis of vehicle speed and number of vehicles tended to agree with the correct data measured at five sites. (Demonstration period: December 2023 to January 2024: Data measurement; February to July 2024: Analysis and verification of usefulness).Figure 3: Wide-Area Monitoring Results of Traffic FlowTraffic flow meters on ordinary roads are installed at intervals of several kilometers only on major lines, requiring the permanent installation and operation of a huge number of sensors. However, optical fiber sensing linked to APN-G can flexibly monitor arbitrary points on optical fiber routes that extend to every corner of a city. It is expected to be used as a new social infrastructure, such as traffic congestion detection and prediction using traffic information collected from a wide area and application to urban traffic planning.The connection configuration of the optical fiber sensing device to the APN-G used in this study was adopted in the IOWN Global Forum publication [6].4. Role of each companyNTT: Devising and constructing a connection configuration to provide sensing functions to IOWN APNsNTT EAST: Calibration of vehicle speed and vehicle count positionNTT WEST: Selection of traffic vibration monitoring sites and selection and provision of facilities for demonstration testsNEC: Provision of APN-G and implementation of optical fiber vibration measurement and vehicle speed analysis5. OutlookBased on these achievements, we will continue developing the optical fiber sensing market using APNs collaborating with other companies, including discussions at the IOWN Global Forum. In addition, along with the nationwide expansion of APN, we aim to realize low-cost, wide-area urban monitoring that enables flexible sensing at arbitrary locations as long as it is connected with optical fiber, and does not require the installation and construction of permanent outdoor devices. In the future, we will promote R&D and co-creation activities aiming to solve social and regional issues through the social implementation of optical fiber sensing, with a perspective of various applications through urban monitoring, such as infrastructure monitoring, disaster prevention, and the realization of infrastructure design incorporating nature in urban planning.Reference(1) NTT EAST News Release, “NEC, Kashima, and NTT EAST succeeded in detecting construction vibration using the world's first optical fiber for communication," August 2023 https://www.ntt-east.co.jp/release/detail/20230824_01.html(2) NTT News Release, “World's first vibration sensing technology using telecommunication optical networks for making road snow removal decisions in heavy snowfall areas,” November 2023 https://group.ntt/en/newsrelease/2023/11/09/pdf/231109aa.pdf(3) NTT EAST News Release, “Start of the operation of communication facility maintenance using optical sensing technology toward the IOWN era," May 2022 https://www.ntt-east.co.jp/release/detail/20220516_01.html(4) IOWN Global Forum Functional Architectures “Fiber Sensing for Open APN 1.0" https://iowngf.org/wp-content/uploads/2023/04/IOWN-GF-RD-FS_for_Open_APN-1.0.pdf(5) NEC News Release, " NEC provides AI-based traffic monitoring system with fiber-optic sensing technology for NEXCO CENTRAL," May 2022 www.nec.com/en/press/202205/global_20220524_01.html (6) IOWN Global Forum Functional Architectures “Fiber Sensing for Open APN 2.0" https://tinyurl.com/4ywj7bem About NTTNTT contributes to a sustainable society through the power of innovation. We are a leading global technology company providing services to consumers and businesses as a mobile operator, infrastructure, networks, applications, and consulting provider. Our offerings include digital business consulting, managed application services, workplace and cloud solutions, data center and edge computing, all supported by our deep global industry expertise. We are over $97B in revenue and 330,000 employees, with $3.6B in annual R&D investments. Our operations span across 80+ countries and regions, allowing us to serve clients in over 190 of them. We serve over 75% of Fortune Global 100 companies, thousands of other enterprise and government clients and millions of consumers.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

Home365 Launches Profit Protect Plan to Enhance Real Estate Investment Predictability

Las Vegas, NV - October 01, 2024 - (SeaPRwire) - Home365, a property technology company, continues to support real estate investors with its established Profit Protect Plan, designed to enhance real estate investments by providing financial security and stability for investors. The Profit Protect Plan helps real estate investors safeguard their profits from unexpected costs such as vacancy, delinquency, and operational issues. It maximizes returns while minimizing risks. By using advanced proprietary software, the plan forecasts potential risks and prices them into an extensive coverage plan. If a tenant moves out, Home365 ensures a seamless transition by quickly finding a new tenant, handling turnover to get the property rent-ready, and covering the rent until the new tenant is in place so the owner doesn't lose a dollar. "Real estate investors often worry about market volatility and operational risks," said Daniel Shaked, chief executive officer of Home365. "At Home365, we designed the Profit Protect Plan to address these very concerns and help investors achieve their financial goals confidently." Home365's advanced software enhances transparency and communication by offering real-time insights, detailed financial reports, and updates on repair activities for clear property management. Continuous improvement of this platform is a key focus, including more detailed financial reporting, real-time property status updates, and advanced predictive analytics to anticipate and mitigate potential issues. Since its inception, the company has served thousands of homeowners, provided more than $1.5 million in rent guarantees, and covered $1.4 million in repairs. This demonstrates Home365's commitment to delivering reliable and transparent property management solutions. "The property management industry is crucial because it deals with people's homes and impacts many lives, yet it remains traditional with little transparency and minimal use of technology. Home365 aims to change that by bringing transparency, technology, and aligned interests into the industry," added Shaked. The proprietary property management software is a key part of Home365's service. It includes a tenants portal for reporting issues with their phones where they can upload images and videos of the issues, pay rent online, and communicate with representatives. For property owners, the owners' portal offers full transparency with detailed financial reports, before-and-after images, and videos of repairs. This software enhances communication and transparency, distinguishing Home365 from traditional property management companies. A standout feature of the Profit Protect Plan is the rent guarantee and comprehensive maintenance coverage. If a property is vacant or a tenant is delinquent, Home365 covers the rent, ensuring a steady income stream for investors. Additionally, the company handles maintenance and repair issues due to normal wear and tear at its own expense, from fixing an AC unit to repairing a hole in the wall, providing investors with peace of mind and financial predictability. By focusing on superior customer service and comprehensive property care, the company aims to ensure sustainable growth for investors. Home365 uses the latest technology and a customer-centric approach to create a seamless and profitable experience for property owners. The recent expansion to Phoenix marks the company's 18th location, with a presence across nine states. This milestone demonstrates the growth and commitment to providing top-notch property management services nationwide. Investors can enroll in the Profit Protect Plan through Home365's platform. The process is straightforward, with detailed guidance provided. There are no hidden fees or complex requirements, making it accessible for both seasoned investors and newcomers. Visit Home365 to learn more about the Profit Protect Plan and how it can enhance your real estate investment strategy. About Home365 Home365 is a property technology company focused on improving property management. By providing real estate investors with predictable and stress-free income, the company aims to make property investments more profitable and efficient. With advanced technology and a customer-centric approach, Home365 creates a seamless and profitable experience for property owners. Contact Information Brand: Home365 Contact: Shahar Raz Email: shahar@home365.co Website: home365.co   The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...

เฮซบอลลาห์ปฏิเสธรายงานเกี่ยวกับผู้สืบทอดตำแหน่งของนาสรัลลาห์

(SeaPRwire) -   Several media outlets have claimed that Hashem Safieddine, head of the group’s Executive Council, has been appointed as the new secretary-general เฮซบอลเลาะห์ได้ปฏิเสธรายงานของสื่อที่ระบุว่า ชายชาวเลบานอน ฮาเช็ม ซาฟิเอดดิน จะสืบทอดตำแหน่งเลขาธิการของกลุ่ม แทน ฮัสซัน นาสรัลเลาะห์ ผู้ล่วงลับ เมื่อวันอาทิตย์ แหล่งข่าวของสื่อ Al Arabiya และ Al Hadath รายงานว่า คณะกรรมการชูรา ซึ่งเป็นหน่วยงานตัดสินใจระดับสูงของเฮซบอลเลาะห์ ได้เลือกซาฟิเอดดินให้เข้ามาแทนที่นาสรัลเลาะห์ ซึ่งถูกสังหารในเหตุโจมตีทางอากาศของอิสราเอลที่กรุงเบรุตเมื่อหลายวันก่อน ซาฟิเอดดินดำรงตำแหน่งหัวหน้าคณะกรรมการบริหารของเฮซบอลเลาะห์ตั้งแต่ปี 2001 และโดยทั่วไปแล้วถือว่าเป็น “มือขวา” ของกลุ่ม ชายวัย 60 ปีรายนี้ยังเป็นลูกพี่ลูกน้องของนาสรัลเลาะห์และเป็นลูกเขยของอดีตผู้บัญชาการกองกำลังคุดส์ของอิหร่าน กาเซ็ม โซไลมานี ซึ่งถูกสังหารโดยการโจมตีทางอากาศของสหรัฐฯ ในอิรักเมื่อปี 2020 หนังสือพิมพ์ New York Times อ้างแหล่งข่าวจากเจ้าหน้าที่อิสราเอล รายงานว่า ซาฟิเอดดินอาจจะได้รับการประกาศให้ดำรงตำแหน่งเลขาธิการคนใหม่ของเฮซบอลเลาะห์ในเร็ว ๆ นี้ เพราะเขาเป็นหนึ่งในไม่กี่ผู้นำระดับสูงของเฮซบอลเลาะห์ที่ไม่อยู่ในที่เกิดเหตุของการโจมตีทางอากาศของอิสราเอลที่กรุงเบรุต สื่อดังกล่าวได้อธิบายเขาว่าเป็น “บุคคลสำคัญในด้านการเมืองและสังคมของขบวนการ” และถูกมองว่าเป็นผู้สืบทอดตำแหน่งของนาสรัลเลาะห์มาโดยตลอด อย่างไรก็ตาม เฮซบอลเลาะห์พยายามที่จะลดข่าวลือเกี่ยวกับการแต่งตั้งซาฟิเอดดิน และได้กล่าวผ่าน Al Manar ว่า “ข่าวที่แพร่กระจายโดยสื่อบางแห่งเกี่ยวกับขั้นตอนการจัดองค์กรภายในผู้นำของเฮซบอลเลาะห์หลังจากการเสียชีวิตของ… เลขาธิการนั้นไม่สำคัญและไม่น่าเชื่อถือ” กลุ่มดังกล่าวเน้นย้ำว่าข้อมูลที่เชื่อถือได้สามารถรับได้จากแถลงการณ์อย่างเป็นทางการเท่านั้น เจ้าหน้าที่อิสราเอลกล่าวไว้ก่อนหน้านี้ว่า การโจมตีทางอากาศครั้งล่าสุดของอิสราเอลต่อเฮซบอลเลาะห์ได้ทำลายผู้นำทางทหารของกลุ่มไปเกือบทั้งหมด โดยอ้างว่ามีบุคคลสำคัญมากกว่าสิบคนที่ถูกสังหารในช่วงหลายสัปดาห์ที่ผ่านมา การเสียชีวิตของนาสรัลเลาะห์ถือเป็นการสูญเสียที่ร้ายแรงอย่างยิ่งสำหรับเฮซบอลเลาะห์ ในฐานะผู้นำของกลุ่มมานานกว่า 30 ปี เขาดูแลการขึ้นสู่อำนาจของกลุ่มและได้รับการยกย่องว่าเป็นศัตรูตัวฉกาจของอิสราเอลบทความนี้ให้บริการโดยผู้ให้บริการเนื้อหาภายนอก SeaPRwire (https://www.seaprwire.com/) ไม่ได้ให้การรับประกันหรือแถลงการณ์ใดๆ ที่เกี่ยวข้องกับบทความนี้ หมวดหมู่: ข่าวสําคัญ ข่าวประจําวัน SeaPRwire จัดส่งข่าวประชาสัมพันธ์สดให้กับบริษัทและสถาบัน โดยมียอดการเข้าถึงสื่อกว่า 6,500 แห่ง 86,000 บรรณาธิการและนักข่าว และเดสก์ท็อปอาชีพ 3.5 ล้านเครื่องทั่ว 90 ประเทศ SeaPRwire รองรับการเผยแพร่ข่าวประชาสัมพันธ์เป็นภาษาอังกฤษ เกาหลี ญี่ปุ่น อาหรับ จีนตัวย่อ จีนตัวเต็ม เวียดนาม ไทย อินโดนีเซีย มาเลเซีย เยอรมัน รัสเซีย ฝรั่งเศส สเปน โปรตุเกส และภาษาอื่นๆ 

Release of Mazda Integrated Report 2024

HIROSHIMA, Japan, Oct 1, 2024 - (JCN Newswire via SeaPRwire.com) - Mazda Motor Corporation today released on the company's official website the Mazda Integrated Report 2024*1, which summarizes Mazda Group's value creation initiatives over the medium- and long-term from both financial and non-financial perspectives.The Integrated Report is a comprehensive compilation of Mazda's medium- and long-term management policies grounded in the concept of “creating the joy of living by delivering a joy of driving to customers that is matched to the times,” solutions and approaches to social challenges based on ESG*2 perspectives including carbon neutrality and electrification. The 2024 edition continues to the focus on our value creation process, increases the information relevant ESG disclosures and shows the progress Mazda has made in monozukuri (engineering and manufacturing), tsunagarizukuri (creating human connections) and hitozukuri (nurturing the development of individuals) initiatives in line with our Management Policy up to 2030. Furthermore, it has also included our approach to capital allocation and explanations of the way in which we have orientated initiatives to enhance corporate value over the medium- and long-term. With this, we have endeavored to communicate to our stakeholders in order to deepen their understanding about the value creation story for realizing our corporate philosophy.Mazda will continue to pursue the 'Joy of Driving' under its core Human Centric value, and aim to deliver 'Joy of Living' by creating moving experiences in customers' daily lives.Mazda Integrated Report 2024 ContentsCHAPTER 1 ABOUT MAZDA:CEO Message, History of Mazda's Growth, etc.CHAPTER 2 GROWTH STRATEGY:Value Creation Process, Management Policy up to 2030,CFO Message, etc.CHAPTER 3 VALUE CREATION INITIATIVES: Monozukuri (challenge of creating new value from the perspective of the customer’s experience), Tsunagarizukuri (creating human connections that grow our business) and Hitozukuri (organizational culture reform for fulfilling purpose)CHAPTER 4 GOVERNANCE:Corporate Governance, Conversation between Mazda’sOutside Directors, etc.CHAPTER 5 DATA SECTION:ESG Data, Company Profile, etc.Our Sustainability webpage provides more detailed descriptions of our ESG initiatives and actual data. Those of 2024 are scheduled to be posted on our website around the end of October.Mazda's Official WebsiteMazda Integrated Report https://www.mazda.com/en/investors/library/annual/Mazda Sustainability webpage https://www.mazda.com/en/sustainability/(1) The English version of the Mazda Integrated Report 2024 will be available in the end of October 2024.(2) ESG: Management and business activities that take into account Environment, Social, and Governance perspectives.For more information, visit www.mazda.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

HotelRunner Acquires Bookingate, Expanding its B2B Powerhouse for the Travel Industry

LONDON, Oct 1, 2024 - (ACN Newswire via SeaPRwire.com) - With the inclusion of Bookingate, a platform that enables travel service providers to access and distribute hotel inventory and third-party services, HotelRunner becomes the all-in-one solution for the entire travel industry. This unique proposition positions HotelRunner as a comprehensive platform that solves distribution, direct, and offline sales challenges for travel agencies, DMCs, and tour operators, connecting them seamlessly with various suppliers.Advancing the Travel Industry with HotelRunner ConnectBy bringing Bookingate under its umbrella, HotelRunner amplifies the scope and functionality of HotelRunner Connect, its long-established platform serving global travel companies, including travel agencies, metasearch platforms, and payment systems. This move enhances the current service offering while broadening the role of HotelRunner Connect as an end-to-end solution for the entire travel ecosystem.Arden Agopyan, Founder and Managing Partner of HotelRunner, remarked, "Bookingate is a game-changing addition that aligns perfectly with our vision of creating a bigger travel economy. With this acquisition, we are enhancing our platform's capabilities to deliver the industry's most advanced travel management solution, unlocking unprecedented growth opportunities for our large network of travel industry members."Ali Beklen, Founder and Managing Partner of HotelRunner, added, "We are thrilled to welcome Bookingate into the HotelRunner platform, becoming an all-encompassing travel platform for travel agencies, hotels, buyers, and suppliers. With the acquisition of this promising startup and its innovative technology, we are expanding our platform and creating a new ecosystem by uniting fragmented B2B players in the global travel market."Unleashing Multi-Faceted CapabilitiesThe acquisition of Bookingate strengthens HotelRunner's position as the top player in travel tech, expanding its solution stack for all players in the travel value chain, and unlocking capabilities that empower travel companies in a competitive market:Advanced Hotel Contracting: Travel agencies and 3rd party service providers will directly access and distribute real-time inventory. HotelRunner streamlines the entire distribution process and empowers travel providers to expand their reach.A Robust Connectivity Bridge: Acting as a bridge between hotels, travel agencies, tour operators, airlines, transfer, and car rental services, the enhanced platform enables dynamic packaging, offering a more complete solution for sourcing and distribution.Transforming Static Agencies: Just as HotelRunner set out more than a decade ago with the vision of moving hotels from offline to online, it is now preparing to transform offline travel agencies into online, dynamic, and digital powerhouses.Building an Ecosystem of InnovationMarking its fourth acquisition, HotelRunner remains at the forefront of industry innovation by strategically scouting innovative early-stage companies like Bookingate. HotelRunner's commitment to finding or building forward-thinking products ensures that it remains a trusted partner for travel agencies, hotels, buyers, and suppliers worldwide.Contact Information:Suheyla van TaarlingDirector of Marketing & Growthsuheyla@hotelrunner.com00905314010303SOURCE: HotelRunner Copyright 2024 ACN Newswire via SeaPRwire.com.

Caffewerks Introduces BaristaFlo Line: Premium Espresso Machine Parts for Coffee Enthusiasts

Expertly Crafted Parts Designed for Busy Cafés and Home Baristas Olympia, WA – October 01, 2024 – (SeaPRwire) – Caffewerks announced BaristaFlo, a new batch of espresso machine parts created to provide top-notch quality without the high price tag. These accessories are designed for busy cafe owners and coffee lovers by experts with over 30 years of industry experience. Caffewerks introduced 15 products for this line. From puck screens with integrated mesh, portafilters, and baskets to gaskets and screen kits, BaristaFlo offers some fundamental parts to produce premium coffee. It also includes a basket removal tool and a trash can crafted solely to dispose of coffee grounds. Maintaining espresso machines can be expensive. Some parts must be replaced every 3 to 6 months, making this hobby or profession costly. Many existing products are also either overpriced or of mediocre quality. The team behind Caffewerks determined that gap and released this line to offer quality parts at a friendly price. These products make it easier and more affordable to stay on top of espresso machine maintenance. To highlight the value of this launch, Sara Michelman, Owner, at Caffewerks shared their thoughts: “Preventive maintenance of espresso machines is a crucial part of espresso machine ownership. Espresso machine group head parts are wear items, they are meant to be replaced and upgraded 2-4 times a year when following a preventive maintenance protocol – this means replacing items before they are broken or causing trouble. The Caffewerks BaristaFlo range of products are quality parts, designed and manufactured at a more appropriate and approachable price point, with little markup. “ Besides the cost-effective maintenance, the company is also eager to help busy users by offering an auto-replenishment service. Sara continued: “We understand that busy cafe owners have a lot of decisions to make every day. We hope the BaristaFlo range can take some of the confusion out of what parts to replace old wear parts with, and with our auto subscription model, they can order once and receive PM kits all year long!” The launch of the Caffewerks BaristaFlo line changes the history of espresso machine parts by providing first-class yet economical components. With BaristaFlo, café owners and coffee lovers can confidently care for their machines. High-quality parts are now within reach, and it’s much easier than ever to enjoy and serve the perfect cup of espresso every day. Social Links Instagram: https://www.instagram.com/caffewerks Facebook: https://www.facebook.com/caffewerks Tiktok: https://www.tiktok.com/@caffewerks Media Contact Brand: BaristaFlo Contact: Media team Email: info@caffewerks.com Website: https://caffewerks.com SOURCE: BaristaFlo The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...

DENSO and ROHM Agree to Start Consideration of Strategic Partnership in the Semiconductor Field

KARIYA, JAPAN, Oct 1, 2024 - (JCN Newswire via SeaPRwire.com) - DENSO CORPORATION and ROHM Co., Ltd. hereby announce that the two companies have agreed to start consideration of strategic partnership in the semiconductor field.As the development and spread of electric vehicles accelerate toward the realization of carbon neutrality, the demand for electronic components and semiconductors required for electrification of vehicles is rapidly increasing. In addition, semiconductors are becoming increasingly important as products that support the intelligence of vehicles, such as automated driving and connectivity which are expected to contribute to eliminating fatalities in traffic accidents, and are essential to the realization of a sustainable society.DENSO and ROHM have been working together through trade and development of semiconductors for automotive applications. Going forward, both companies will consider this partnership to achieve a stable supply of highly reliable products, as well as for various initiatives to develop high-quality and high-efficiency semiconductors that contribute to a sustainable society.To further solidify the partnership, DENSO will acquire a portion of ROHM's shares.DENSO CORPORATION President & CEO, Shinnosuke HayashiDENSO positions semiconductors as key devices for realizing next-generation vehicle systems and we have deepened our cooperative relationships with semiconductor manufacturers who have abundant experience and knowledge. ROHM has a lineup of semiconductors in a wide range of areas important for automotive electronics, including analog semiconductors, power devices, and discrete semiconductors, and has extensive mass production experience. We believe that by integrating the automotive technologies and expertise we have cultivated over the years, we will be able to ensure a stable supply and accelerate technological development.ROHM Co., Ltd. President (Representative Director), Isao MatsumotoGlobal Tier 1 manufacturer DENSO and ROHM have been deepening collaboration for many years, and in recent years we have been working on joint development of analog semiconductors. We believe that the partnership with DENSO and the acquisition of shares by DENSO will further strengthen our cooperative relationship. To realize carbon neutrality, it is important to collaborate on technology at the device level with an eye toward end products and systems. We believe that we can contribute to the realization of a sustainable society by deepening our integration with DENSO, who has advanced system construction capabilities in the automotive and industrial equipment fields.About DENSO CORPORATIONGlobally headquartered in Kariya, Japan, DENSO is a $47.2 billion leading mobility supplier that develops advancedtechnology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 180 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, amongothers, that change how the world moves. In developing such solutions, the company’s 162,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSOspent around 7.7 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2024. For more information about DENSO’s operations worldwide, visit www.denso.com/global. Copyright 2024 JCN Newswire via SeaPRwire.com.

LaTerra Appoints Ben Grosberg To Spearhead Capital Markets and Investor Relations, Reinforces Strategy To Buy Existing Multifamily, Self-Storage Assets

LOS ANGELES, CA, Oct 1, 2024 - (ACN Newswire via SeaPRwire.com) - LaTerra Development, a leading real estate investment and development company, has named Ben Grosberg to spearhead capital raising and investor relations to support its new strategy to buy existing multi-family and self-storage assets as well as ground-up development.A seasoned real estate investment executive, Mr Grosberg will focus on Registered Investment Advisors and Family Office investors.He has worked with RIAs, high net worth individuals, and private family office investors in Australia and the US for the past 15 years. He recently served as Director of Capital Markets at leading Los Angeles real estate investment bank, Dekel Capital, where he helped establish the JV-Equity platform and raise private capital for both Dekels JV and advisory businesses."Bringing a well-known and respected executive onboard to lead our new capital markets initiatives is a major step in LaTerra's expansion strategy," said Charles Tourtellotte, CEO of LaTerra, "Ben's experience and contacts will be invaluable in expanding our investor base."Prior to joining Dekel, Mr Grosberg worked at the Spotlight Group, one of Australia's largest private HNW family offices, where he managed the diverse investment holdings of the group.The addition of Mr. Grosberg to the team comes at a time as the company expands beyond its successful development business into acquisitions of core+ multifamily and self-storage properties. Mr. Grosberg's leadership in capital markets and investor relations will play a key role in supporting this broader investment strategy, which aims to diversify LaTerra's portfolio and capitalize on current market opportunities ."Private investors are acutely aware of the current market opportunity of buying institutional quality assets below replacement cost," Mr Grosberg says. "Investing with a proven operator like LaTerra gives investors direct access to these deals so they can build portfolios of steady, cash-flowing assets."LaTerra Managing Director Chris Tourtellotte added, "With values bottoming out and interest rate cuts commencing, this is an excellent entry point for acquisitions. We believe we have a window of opportunity to buy multifamily and storage assets today at a deep discount and benefit from a recovering market."LaTerra is a leading self-storage and multifamily investment and development company with a focus on U.S. Sun Belt markets. It currently has approximately 1,000,000 square feet of self-storage in development. Its multifamily housing business serves the outsized demand for best-in-class value rentals, with more than 3,000 residential units in its portfolio. LaTerra has global institutional investors including those from the US, Canada, and Australia.Contact:Barbara Casey310.990-0750bcasey@caseysayre.comSOURCE: LaTerra Development, LLC Copyright 2024 ACN Newswire via SeaPRwire.com.