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Fimatix completes acquisition of Idea Group

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Leading digital technology services consultancy Fimatix has announced the acquisition of Financial Services technology specialist Idea Group for an undisclosed sum, as part of its next stage of growth in the digital services marketplace.

LONDON, May 26, 2022 /PRNewswire/ — The purchase enables Fimatix to expand its public sector and consulting arms by integrating and building out Idea Group’s existing technology solutions and services and marrying them with pre-existing internal expertise across a wide range of sectors. Idea Group has over twenty years’ experience servicing the financial services community, where it has earned a reputation for fostering innovation, particularly in the pensions sector.

Incorporating Idea Group’s Prodigy solution will place Fimatix at the cutting edge of regulatory governance and reporting – especially important with the growing emphasis on ESG – by allowing clients to collate data and apply process controls to get full governance insight through the entire lifecycle of financial services products and services.

Idea Group’s Nova Gateway applications will complement Fimatix’ existing financial services expertise by providing a complete series of tools to streamline information interaction within the Investment Management industry. A number of leading investment managers and pension administrators benefit from using Nova to send and receive high value fund orders and transfers over SWIFT and other networks.

Idea Group’s founder, Ian Lyall, who has worked in the industry since 1995, provides the company with one of the expert voices in the sector and will sit on the Fimatix EXCO as Chief Technology Officer. Idea Group’s Non-executive Chairman Mike Craston has also joined Fimatix as an Independent Director, and will bring with him the experience of time spent as Chairman of Aviva, and CEO of Legal & General.

Tim Howarth, CEO of Fimatix, said of the acquisition:

“We are thrilled with the acquisition of Idea Group, a company that have long shared our dedication to using tech to solve issues within the financial sector, by making regulations easier to adhere to. They have provided top tier services within the investment management and pensions industry for over 20 years and will form a crucial part of Fimatix portfolio of offerings.”

“The acquisition comes at a critical time for the pensions industry and for Fimatix as we look to focus on regulated industries, while the importance of reporting ESG in particular, both to government and businesses, continues to grow creating new opportunities for our suite of tech products.”

Ian Lyall, Managing Director of Idea Group, said:

“Fimatix’ vision and sense of purpose far exceeded that of other companies who have recently expressed an interest in acquiring Idea Group. The Fimatix team possess unparalleled industry experience, yet as ‘seasoned entrepreneurs’ they have the mindset, energy and values that would more commonly be associated with a start-up business.

Idea Group has been developing enterprise class solutions for many years and joining Fimatix will allow us to greatly increase our distribution and reach, whilst we continue to innovate to provide real business benefits to our customers. We are hugely excited to join with Fimatix on this new chapter.”

Notes to Editors:

Fimatix’s purpose is to enhance the productivity of business and governments to the benefit of economies, communities and people around the world. The business has a track record of supporting major banks and e-money fintech challengers within the financial services sector, and digital transformation in the UK Government including the Home Office, Department of Health and Social Care, the Ministry of Justice, the Department Business, Energy and Industrial Strategy, and the Home Office.

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IoTeX Welcomes Xangle as Validator to Accelerate DePIN Ecosystem Expansion

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SAN FRANCISCO, March 11, 2025 /PRNewswire/ — IoTeX, the leading blockchain building Decentralized Physical Infrastructure Network (DePIN), has announced that Korean blockchain infrastructure company Xangle will be joining as a network validator. With Xangle’s participation, IoTeX expects to further enhance its community-driven ecosystem expansion and technical stability.

Xangle is a blockchain infrastructure and research company that provides ecosystem-oriented community hubs, explorers, and Web3 analytical reports. Since 2018, Xangle has operated Xangle Portal, Korea’s leading Web3 platform. Recently, Xangle has expanded its role within the Web3 space, actively participating as a validator for major global blockchain projects such as Aptos, Babylon, and Initia.

In 2024, IoTeX took a leading role in the DePIN sector, as a result of these efforts, the IoTeX network has processed over 150 million transactions and 340 million blocks, recording an annual growth rate of over 25%. Furthermore, more than 360 million IOTX tokens are staked, accounting for approximately 40% of the total supply, reinforcing network security and governance. These achievements have solidified IoTeX’s position as a leading infrastructure provider in the DePIN space.

Lihan Lee, Co-CEO of Xangle, stated, “Our participation as an IoTeX validator goes beyond simple network validation—it represents a key milestone in making innovative Web3 infrastructures like DePIN more accessible to users and accelerating their mainstream adoption. Leveraging our expertise in ecosystem-focused community hubs, explorers, and research, Xangle will enhance the credibility and visibility of the IoTeX network while actively contributing to the expansion and sustainable growth of the DePIN ecosystem.”

“At IoTeX, we are committed to building the most robust and transparent DePIN ecosystem, and Xangle’s participation as a validator is a testament to that vision,” commented Jing Sun, co-founder of IoTeX. “Their expertise in blockchain infrastructure and data integrity will further strengthen our network’s stability while driving mainstream adoption of Web3.”

About IoTeX

IoTeX is DePIN’s only modular infrastructure platform connecting smart devices and real-world data to blockchains. As the leading provider of DePIN infrastructure, IoTeX facilitates new rewards from devices and on/off-chain activity for users, turns personal devices into communal economies, and tokenizes the “data of everything.”

About Xangle

Xangle is Korea’s leading Web3 research and infrastructure provider, operating Xangle Portal, the country’s most representative Web3 platform with 400K+ user base. Since 2018, Xangle has built trust by bridging blockchain projects with users through institutional-grade research, analytics, and infrastructure. Its key offerings include a Korea Go-to-Market strategy, custom blockchain explorers combined with white-labeled community hubs, and enterprise-grade validator services.

Media Contact:

Ralph Sun 
PR Director
ralph@iotex.io

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SOURCE IoTeX

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Sony Honored as One of “2025 World’s Most Ethical Companies®” for the Seventh Time

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TOKYO, March 11, 2025 /PRNewswire/ — Sony Group Corporation (“Sony”) today announced that it has been named one of the “World’s Most Ethical Companies” for the seventh consecutive year by the Ethisphere Institute, the US-based global leader in defining and advancing the standards of ethical business practices.

This year’s list includes 136 companies from across 19 countries and regions, and 44 industries. These companies were evaluated across five categories: Ethics and Compliance, Governance, Culture of Ethics, Environmental and Social Impact, and Initiatives that support a Strong Value Chain. The Institute reviewed each company’s ethical operations, focusing on areas such as exceptional leadership and a commitment to business integrity through best-in-class ethics and compliance practices.

This award recognizes Sony’s ongoing commitment to pursuing its Purpose, “Fill the world with emotion, through the power of creativity and technology,” in alignment with its Values through ethical and responsible business conduct by all Sony Group employees. Being recognized as one of Ethisphere’s World Most Ethical Companies is evidence of the strength of Sony’s Ethics and Compliance program and its commitment to business integrity guided by its Code of Conduct. This recognition also inspires Sony to further enhance its ethical culture to create value from a long-term perspective.

Comment from Kenichiro Yoshida, Representative Corporate Executive Officer, Chairman and CEO, Sony Group Corporation
“We are deeply honored to be recognized as one of the World’s Most Ethical Companies for seven consecutive years. Sony holds “Integrity & Sincerity” as one of its important Values across the group. We will continue to practice our ethical approach to management, and together with our 110,000 employees who share this Values, we strive to “fill the world with emotion”.

Comment from Erica Salmon Byrne, Chief Strategy Officer and Executive Chair, Ethisphere “Congratulations to Sony for achieving recognition as one of the World’s Most Ethical Companies. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process.”

[References]
For more information about Sony’s corporate ethics and compliance-related efforts, please refer here.
https://www.sony.com/en/SonyInfo/csr_report/

The complete list of 2025 World’s Most Ethical Companies can be found at:
https://worldsmostethicalcompanies.com/honorees 

About Sony Group Corporation
Sony Group Corporation is a creative entertainment company with a solid foundation of technology. Across its six business segments – Game & Network Services; Music; Pictures; Entertainment, Technology & Services; Imaging & Sensing Solutions; and Financial Services – Sony’s purpose is to fill the world with emotion through the power of creativity and technology. 

For more information, visit: https://www.sony.com/en/ 

*”World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.

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SOURCE Sony Group Corporation

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Stagwell (STGW) Accelerates APAC Growth with ADK GLOBAL Acquisition and Leadership Summit in Bangkok

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BANGKOK, March 11, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, hosted an Asia-Pacific (APAC) leadership summit in Bangkok building on the network’s momentum of driving growth in the region and acquisition of ADK GLOBAL in early 2025.

The acquisition of ADK GLOBAL significantly strengthens Stagwell’s APAC presence, expanding Stagwell’s APAC footprint to over 2,000 team members across 14 countries, and is set to enhance Stagwell’s AI-powered digital marketing capabilities.

Building on this momentum, Stagwell hosted its biennial APAC leadership summit in Bangkok from March 5-7, 2025: a platform for bringing together the network’s regional leaders and reinforcing the network’s strategic vision. Together with Stagwell’s agencies and affiliates, senior leaders from both ADK and Stagwell attended the summit, engaging in high-level discussions on integration, collaboration, and the role of APAC in global success.

Stagwell also leveraged the APAC leadership summit to relaunch its Global Affiliate Program, which bolsters full-service and specialty digital solutions for clients worldwide. By engaging in strategic partnerships with regional affiliates, Stagwell builds on its commitment to delivering next-generation marketing solutions tailored to today’s evolving consumer landscape.

“We’ve spent the past year expanding Stagwell across APAC, and now have 2,500 people in the region,” said Stagwell Chairman and CEO Mark Penn at the summit. “The most important thing for me in founding Stagwell was a collaborative culture where agencies work together while still maintaining their unique character. We’re now right-sized to win bigger and better.”

About Stagwell:
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 40+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

Media Contact:

Kara Gelber
pr@stagwellglobal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/stagwell-stgw-accelerates-apac-growth-with-adk-global-acquisition-and-leadership-summit-in-bangkok-302399136.html

SOURCE Stagwell Inc.

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