The Luxembourg-based company has acquired a number of US businesses over the last year Fund administrator Alter Domus has acquired a US-based fund services provider, the Luxembourg company said on Monday. The Luxembourg firm acquired Investors Economic Assurance, which was founded in 2000 in New York, and provides accounting, administrative and advisory services to people working in investment management. Alter Domus, which was founded 15 years ago and employs around 800 people in Luxembourg, has made a number of acquisitions in the US over the last year, in a bid to expand its business further across the Atlantic. The company said at the start of this year that it would acquire sector peer Strata Fund Solutions LLC and in December last year, the company acquired IPS Fund Services LLC, a Boston-based fund administrator. It then announced the acquisition of UK-based technology platform Credit-Vision Limited, …
Below please hear from LACC member Isabelle Steichen, Co-Founder + CEO at Lupii, about exciting new developments for her company. The LACC is pleased to share information about our members! Lupii is unleashing the power of the small-but-mighty lupini bean to keep you fueled, fed, and running like a boss See what The New York Times had to say about Lupii on May 14th... From Isabelle Steichen: We recently launched a Republic crowdfunding campaign, a community-led movement which allows Lupii fans and supporters to fuel our next stage of growth, we have already more than tripled our minimum fundraising goal of $25k! As we are on a mission to increase access to delicious and sustainable plant based foods, we are equally on a mission to make investing in impact driven businesses like ours more accessible. And …
Field-proven platform played a critical role in supporting healthcare personnel during Covid-19 and Ebola crises; will be further scaled to serve more users in cooperation with governmental organisations, multilateral health agencies and civil society organisations Luxembourg, 31 March 2021 – The Luxembourg Government and SES’s fully-owned affiliate SES Techcom launched the second phase of the SATMED telemedicine project that will run into 2024. Enabled by satellite, SATMED is designed to connect doctors and nurses based in remote locations to the outside medical world, providing access to the platform’s cloud applications for e-training, virtual consultations, management and storage of medical data records, and video conferencing. Developed in Luxembourg, the platform has been deployed since 2014 in 10 locations across Africa and Asia in partnership with NGOs. Since the Ebola outbreak in 2014, it has helped improve healthcare in the countries like Niger, Philippines, …
Published on Tuesday, 13 Apr 2021 15:43 by JCA Credit: SES Luxembourg satellite company SES and the authorities in Virginia have announced that the former is investing $17 million in a new technology and operations centre in the U.S. state. SES confirmed on social media that it was expanding to Prince William County in Virginia, where it plans to set up a U.S. technology and operations hub. The company aims to create 200 new jobs over the next five years as part of this expansion. Viriginia competed with Maryland and Washington, D.C. for the project. SES will thus consolidate its satellite and network operations at the hub, which is to be located at 8050 Piney Branch Lane in Bristow, Prince William County, Virginia. State governor Ralph Northam approved a $500,000 grant to support Prince William County on the project. SES is also eligible for …
Press release - Luxembourg - 7 December 2020 We are pleased to inform you that Arendt has won two major awardsat the The Lawyer European Awards 2020: - European Law Firm of the Year - Law Firm of the Year: Benelux This annual awards ceremony showcases the impressive achievements of Europe’s finest in the legal industry (excluding the UK). This year marks the first time in its history that the title of European Law Firm of the Year has been awarded to a Luxembourg law firm. This is a great recognition for Arendt’s entire group and a tribute to its One Arendt strategy. “We are honoured to receive these awards. They recognise the broad knowledge of our teams that goes beyond legal expertise, bridging the gap between legal advice and its implementation. Our clients can expect to receive …
March 11, 2021Written by Thierry LabroPaperjam Luxaviation will tackle the American market from next week in New York. Tele-interview with its CEO, Patrick Hansen, after a year which saw him buy five companies, launch LXA Flyer and reposition himself to better emerge from the crisis. Business aviation takes off. “Last year, exactly this day, was the first time in my life that I saw cancellations of 20 million euros. Normally, we have a turnover of 2 million euros per day. And, in April, the lowest day allowed us to earn 7,586 euros… I could always tell you how much someone paid to go and watch gorillas in Rwanda, but that doesn't change the situation of the industry… It there were reasons to be worried. ” This Wednesday, barely returned from the United States where he finalized the launch - which will take place next …
Tuesday, 23 Mar 2021 Luxembourg satellite company SES S.A. today announced the results of its annual Satellite Monitor market research, the industry’s premier accounting of satellite’s TV reach.
Accelerating economic impact The health technologies incubator will contribute to accelerating the economic impact of investments made to develop public research in biomedicine in Luxembourg. In addition to fully equipped laboratories, hosted companies will also be able to benefit from professional support in the field of business development. The incubator is part of the House of Biohealth, a hosting facility with office and lab space for both established companies and start-ups in the fields of biotech, cleantech and ICT. The House of Biohealth currently hosts 9 companies and two public research laboratories that are part of the Luxembourg Institute of Health (LIH) and the Luxembourg Centre for Systems Biomedicine (LCSB). Around 450 people work in various areas such as diagnostics, medical devices and digital health. Once the healthtech incubator has been opened, the House of Biohealth with be able to host up to 600 researchers …
by Kathryn OGLESBY The sale could come through by summer this year Luxembourg-based space firm Spire Global is planning to list on the New York Stock Exchange by the summer of this year, announcing this week that two groups of investors will buy new shares in the company. Stockholders in Spire Global would own 67% of the shares in the listed company, which is estimated to be worth $1.6 billion. The new capital would come from defense and government technology investment fund NavSight, based in Virginia in the United States, which would merge with Spire Global, the company said. The newly formed company would also receive a €245 investment from US hedge fund Tiger Global Management and from funds managed by BlackRock, Hedosophia, the JAWS family office and Bloomtree Partners. These groups would hold around 15% of the shares in the …