Companies news of 2018-02-19 (page 1)

 
Infosys Recognised as a Top Employer in Europe

LONDON, February 19, 2018 /PRNewswire/ --

Awarded Top Employer certification in the United Kingdom, France, Germany, The Netherlands and Switzerland 

Infosys (NYSE: INFY), a global leader in consulting, technology, and next-generation services, has been recognised as Top Employer in Europe for its excellence in employee conditions by global certification company Top Employers Institute.

     (Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg )

This is the first time Infosys applied for this certification, and in its maiden year the company has been recognised across key countries including the United Kingdom, France, Germany, The Netherlands and Switzerland. In addition, Infosys has been certified as one of the best companies to work for on the continent, winning the most prestigious Top Employer award in Europe.

The certification further demonstrates Infosys' strategic commitment to growth in Europe, and its investment in its employees' professional development, personal wellbeing, development, benefits and more.

UB Pravin Rao, Chief Operating Officer, Infosys, said, "Europe is one of our key markets, accounting for almost a quarter of our global revenues. To drive our continued growth strategy in the region, we need to build and develop talent locally across the continent, and this means providing a work environment with the best HR practices to attract and retain highly-skilled talent. Top Employer certification is a validation of Infosys' Talent Management strategy and we are committed to establishing ourselves as a credible employer of choice across the region."

David Plink, CEO of Top Employers Institute, said, "From our research, we have seen how the organisations certified as one of the Top Employer in Europe put the development of their people first and are continuously working to optimise their HR and people development practices. Infosys forms part of this select group of employers. Now that they have received the European Top Employer certification, they can rightfully consider themselves at the top of an exclusive group of the world's best employers. An achievement they can truly be proud of."

The Top Employers Institute completed a stringent research process, with an international HR best practice evaluation and audit assessing Infosys' human resource environment across the participating countries, on criteria ranging from talent strategy workforce planning, onboarding to learning and development, performance management leadership development, career and succession management, compensation and benefits, and culture.

The Top Employers Institute recognises businesses that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation, as well as those which strive to continuously improve employment practices. Certified organisations receive insights across the entire spectrum of their HR effort, providing a benchmark for HR best practices.

To learn more about the Top Employers Institute and the Top Employers certification visit: http://www.top-employers.com.

About Infosys 

Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve those effectively. Our team of 200,000+ innovators, across the globe is differentiated by the imagination, knowledge and experience across industries and technologies that we bring to every project we undertake.

Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.

Safe Harbor 

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2017. These filings are available at http://www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.


Megaport Launches Direct Connectivity to the World's #1 CRM

BRISBANE, Australia, Feb. 19, 2018 /PRNewswire/ -- Megaport Limited (ASX: MP1) ("Megaport"), a global leading Network as a Service provider, today announced that it has enabled direct connectivity for customers to Salesforce, the global leader in CRM.

The launch of Megaport's elastic interconnection service will provide direct, scalable connectivity to the Salesforce Platform. As a Salesforce Express Connect Partner, Megaport can boost performance, increase application reliability, as well as help meet industry regulatory and compliance demands by establishing a direct, private connection to the Salesforce infrastructure through its global SDN.

"Salesforce has revolutionised the way that businesses go to market and has fundamentally transformed how companies build digital relationships with customers," said Vincent English, Chief Executive Officer, Megaport. "This agreement enables both companies to help drive protected, private, direct connectivity. Megaport has developed a set of tools and features that make it very easy for organizations of all sizes and varying technical capabilities to directly connect to the Salesforce Platform."

"We are thrilled that Megaport has been recognized as a Salesforce Express Connect partner and is helping global companies across industries connect with their customers in new ways," said John Carney, SVP Industries, Communications and Media, Salesforce. "Megaport's industry expertise in network connectivity and innovative Network as a Service model will benefit our mutual customers and help boost performance."

Key Points / Highlights:

  • Connectivity with Megaport to the Salesforce Platform is available in two markets from North America and one market from EMEA. Initial markets and data centres include San Jose, Ashburn, and Frankfurt. Additional data centers are in the planning phases for 2018.
  • Megaport users will be able to provision private, secure, and direct connections to the Salesforce Platform services from 185+ Megaport enabled data centres.

Salesforce and others are trademarks of salesforce.com, inc.

About Megaport
Megaport is a global leading provider of Elastic Interconnection services. Using Software Defined Networking (SDN), the Company's global platform enables customers to rapidly connect their network to other services across the Megaport Network. Services can be directly controlled by customers via mobile devices, their computer, or the open API. The Company's extensive footprint in Australia, Asia Pacific, North America, and Europe, provides a neutral platform that spans many data centre providers across various markets.

Established in 2013 and founded by Bevan Slattery, Megaport built one of the world's first SDN-based Elastic Interconnection platform designed to provide a secure, seamless, and on-demand way for enterprises, networks, and services to interconnect. Led by Vincent English, Megaport has been built by a highly experienced team with extensive knowledge in building large scale global carrier networks and connects over 850 customers throughout over 185 data centres globally. Megaport is an Alibaba Cloud Technology Partner, Oracle Cloud Partner, AWS Technology Partner, AWS Networking Competency Partner, Microsoft Azure ExpressRoute Partner, Google Cloud Interconnect Partner, and IBM Direct Link Cloud Exchange provider, and Salesforce Express Connect Partner.

Megaport, Virtual Cross Connect, VXC, and MegaIX are registered trademarks of Megaport (Services) Pty Ltd ACN 607 432 646.

To learn more about Megaport, please visit: www.megaport.com.

 

Autoliv Today Announced That Their New Electronics Spin-off Company Will be Named Veoneer

STOCKHOLM, Feb. 19, 2018 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that the new electronics spin-off company will be named Veoneer.

In December 2017, Autoliv's Board of Directors decided to continue with the spin-off of its Electronics business segment ? now to be named Veoneer ? creating a new, independent publicly traded company during the third quarter of 2018.

Veoneer's ambition is to be a leading system supplier for ADAS and autonomous driving as well as a market leader in automotive safety electronics products.

When publicly listed, Veoneer's offering will include safety electronics, sensors and software for active safety, advanced driver assistance systems (ADAS) and autonomous driving (AD) as well as advanced brake control solutions.

"Naming the new company Veoneer clearly reflects that this is an independent company focusing on future technologies. We look forward to creating a customer-focused company and creating shareholder value. The Veoneer brand will be a visionary pioneer in automotive electronics, ADAS, automotion and new mobility, said Jan Carlson, President, Chairman and CEO of Autoliv.

"Today, we have one of the broadest product portfolios in the market, and the ambition for Veoneer is to stay at the forefront of innovation in the current revolution of the automotive industry. Veoneer is prepared to take on the challenges of automation and human machine interaction as vehicles get increasingly intelligent. This development will greatly improve traffic safety and bring new levels of comfort and convenience to people in need of transportation," continued Jan Carlson.

After the spin-off, Autoliv's current Passive Safety segment will continue to operate under the Autoliv name, with continued listings on the New York Stock Exchange and Nasdaq Stockholm.

The spin-off is expected to be completed during the third quarter of 2018 subject to market, regulatory and certain other conditions, including approval by Autoliv's Board of Directors. There can be no assurance regarding the ultimate timing of the spin-off or that the spin-off will ultimately occur.

Inquiries:

Thomas Jönsson
Group Vice President Communications
Tel +46 (0)8 58 72 06 27

About Autoliv

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has more than 80 facilities with 70,000 employees in 27 countries. In addition, the Company has 22 technical centers in ten countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2016 amounted to about US $10.1 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.

Safe Harbor Statement This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

CONTACT:

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