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Avnet to Acquire Softweb Solutions: Adds Software and Artificial Intelligence to Ecosystem and Bolsters IoT Capabilities
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Avnet to Acquire Softweb Solutions: Adds Software and Artificial Intelligence to Ecosystem and Bolsters IoT Capabilities

Avnet, Inc. (Nasdaq: AVT) today announced that it will acquire Softweb Solutions, Inc., a privately held software and Artificial Intelligence (AI) company that delivers innovative software solutions for Internet of Things (IoT) applications and systems designed to increase efficiency, speed time to market, and help businesses transform.

Fires And Explosions Cause Largest Losses For Business Globally, Asia Pacific Accounts For 17% (EUR10bn) Of Total Value Of Claims Worldwide: Allianz
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Fires And Explosions Cause Largest Losses For Business Globally, Asia Pacific Accounts For 17% (EUR10bn) Of Total Value Of Claims Worldwide: Allianz

Fire and explosion incidents cause the largest claims for insurers and the businesses they cover, according to new research from Allianz Global Corporate & Specialty (AGCS). The vast majority of corporate insurance claims originate from technical or human factors despite natural catastrophes such as hurricanes, having caused devastating losses over the past two years.

Kerry Logistics Wins Two Awards at The Asset Corporate Awards 2018 Group Managing Director William Ma Named The Best CEO
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Kerry Logistics Wins Two Awards at The Asset Corporate Awards 2018 Group Managing Director William Ma Named The Best CEO

Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has garnered for the first time the Platinum Award, the highest honour of The Asset Corporate Awards (the ‘Awards’), organised by The Asset, a renowned financial magazine. In addition, Mr William Ma, the Group Managing Director, was honoured with the Best CEO Award.

Iskandar Investment Berhad & DHL launch Global Center of Excellence in Iskandar Malaysia
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Iskandar Investment Berhad & DHL launch Global Center of Excellence in Iskandar Malaysia

DHL has officially commenced operations in its latest Global Center of Excellence (GCOE) in Iskandar Malaysia — the first such public-private partnership in the country. The GCOE consolidates supply chain consultancy services and logistics design for many of Iskandar Malaysia’s focal industries including Automotive, Energy, Engineering & Manufacturing, Life Sciences & Healthcare, and Technology.

TIMTOS 2019, Record-High Exhibition Scale Highlighting Smart Manufacturing
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TIMTOS 2019, Record-High Exhibition Scale Highlighting Smart Manufacturing

Taipei International Machine Tool Show, known as TIMTOS will open its grand doors March 4-9, 2019. Among the world’s largest machine tool trade shows, the show will cover four exhibition halls — TWTC Hall 1 and Hall 3, Taipei Nangang Exhibition Center, Hall 1 and Hall 2. Indeed, Taipei Nangang Exhibition Center, Hall 2 will officially open in March 2019, to accommodate more exhibitors.

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