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Nordic Capital makes majority investment in ActiveViam, provider of advanced analytics for financial institutions

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The investment is made in partnership with ActiveViam’s founders and management to support and accelerate continued high-growth and expansion               Nordic Capital, a leading investor in banking software, will leverage its long-standing expertise and experience from accelerating digitization of the financial services industryThe aim is to realize ActiveViam’s potential of improving the ever-growing needs of financial institutions’ regulatory compliance and real-time monitoring — as well as deep historical analysis — of performance, risk management and financial planning

NEW YORK, Feb. 28, 2024 /PRNewswire/ — Nordic Capital announced today it has acquired a majority stake in ActiveViam to support its next phase of growth. The investment is made in close partnership with ActiveViam’s founders and management who will invest alongside Nordic Capital.

ActiveViam is a leading provider of advanced analytics and decision-making solutions for financial institutions, including risk analytics and regulatory compliance software. The technology is purpose-built, scalable and handles massive datasets in sub-seconds. Founded in 2005 by industry experts, ActiveViam understands the data analytics faced by financial institutions across trading desks, risk and compliance, and its track differentiated core technology outperforms horizontal data aggregation and analytics tools.

ActiveViam serves a wide range of financial services organizations: Tier 1 and Tier 2 banks, hedge funds, asset managers, exchanges and regulators. The Company has lined up an extensive group of technology, system integrator, go-to-market and OEM partners, including Google, Accenture, AWS, Deloitte, ClickHouse, S&P Global, Snowflake, and Wolters Kluwer.

Financial analytics is a $10.4 billion addressable market growing at 13 percent a year, according to L.E.K. Consulting. Market drivers include continuous regulatory change, a focus on automation of manual processes, and an increasing need for a unified view of data spread across the fragmented IT ecosystem typical for large financial institutions.

As an experienced investor in the banking software sector, Nordic Capital aims to leverage its extensive expertise to scale the continued high organic growth of ActiveViam, by investing in the organization, driving continued excellence in R&D and new products, and by supporting partnerships and M&A.

Emil Anderson, Partner, Nordic Capital Advisors, said: “We are impressed by the ActiveViam team and what they have achieved:  they empower financial organizations to reduce risk and increase revenue by making better decisions, faster. Forty percent of Tier 1 banks worldwide work with ActiveViam technology, and the company has an especially strong footprint in Europe and North America.  With Nordic Capital’s prior experience in banking software, network of senior advisors, and internal operations resources, Nordic Capital is well positioned to support ActiveViam in its next stage of growth. Nordic Capital is excited about partnering with the founders and management to continue the company’s remarkable growth journey.”

Kathy Perrotte, CEO and Co-Founder, ActiveViam, said, “Nordic Capital’s investment is a great opportunity for ActiveViam and great news for our clients, partners and employees. As a large and respected private equity investor, Nordic Capital deploys its significant operational expertise, strategic capabilities and inventive approach to accelerate the growth of the technology leaders it invests in.  Nordic Capital recognizes the power, speed and flexibility of the technology our team has created for our financial services clients, and we look forward to their support as we make further advancements and explore acquisition opportunities.”

Nordic Capital has over 30 years’ experience of accelerating growth of innovative technology companies and is set to leverage its deep sub-sector and operational knowledge to create value and further boost the Company’s ambitious growth plans. As a leading specialized Technology & Payments investor globally, Nordic Capital has to date made 29 technology investments in companies with an aggregate enterprise value of close to EUR 24 billion.

As part of the transaction, Guidepost Growth Equity, which first invested in ActiveViam in 2019, will sell all its shares.

Raymond James was the exclusive financial advisor to ActiveViam on this transaction, and Broadhaven acted as financial advisor to Nordic Capital.

The parties have agreed that the terms of the transaction will not be disclosed. The transaction was completed on February 27, 2024.

About ActiveViam

ActiveViam is a pure player specializing in risk data analytics for the financial services sector, one of the fastest moving and most regulated industries. The Company has approximately 160 employees across offices in New York, London, Singapore, Sydney, Hong Kong, Paris and Frankfurt.  ActiveViam has pioneered the use of high-performance analytics in finance, helping the largest investment banks, asset managers and hedge funds make better decisions, explain results with confidence, and simulate the impact of their decisions. ActiveViam’s mission is to deliver train-of-thought analysis on terabytes of data in the most cost-effective way so its customers can explain their results with confidence and model the scenarios that will optimize their business. For more information please visit: www.activeviam.com

About Nordic Capital

Nordic Capital is a leading sector-specialist private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested EUR 23 billion in 140 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors.”

Media contacts:

Nordic Capital
Katarina Janerud
Communications Manager, Nordic Capital Advisors
Tel: +46 8 440 50 50
e-mail: katarina.janerud@nordiccapital.com

US media contact – Brunswick Group
NordicCapital@brunswickgroup.com

ActiveViam

Erica Fidel
Vice President, Marketing
Tel: +1 646 688 4442
e-mail: efi@activeviam.com

Hilary Condit
Communications Consultant
Tel: +1 914 886 5027
hco@ext.activeviam.com

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Club Offers Released on May 25, 2025

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NEW YORK, May 24, 2025 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.

Rigorously vetted and negotiated for us travel enthusiasts in Germany:

199 €—LUXURY HOTEL IN DAVOS 3 days in one of Switzerland’s most fashionable places, the setting of Thomas Mann’s novel The Magic Mountain. The 5-star hotel is located directly on the promenade. Club members save 47–54 percent compared to the hotel website.

AB 379 €—TUSCANY: 6 DAYS WITH WINE TASTING & 3 COOKING COURSES
Apartments of at least 92 square meters, surrounded by cypresses and vineyards. Club members receive daily breakfast plus a 3-course candlelight dinner.

119 €—4*-HOTEL IN PARIS INCL. SEINE CRUISE, REGULAR 472 € A 2-night stay in the Saint-Germain-des-Prés district, once a meeting place for Sartre and Picasso. Just 15 minutes on foot from the Louvre and including breakfast.

99 €—NEW LUXURY HOTEL IN BUDAPEST, -72%
Located in the middle of the UNESCO-protected old town is this 5-star superior hotel. Condé Nast Traveller magazine lists it as one of the best hotels in Budapest. The “bold design” is particularly highlighted.

139 €—3 DAYS BLACK FOREST WITH HALF BOARD
4-star superior hotel with panoramic views of the countryside. Half board with organic products and access to the spa with thermal pool is included. Club members save 39–66 percent compared to the original price.

FROM 599 €—SWITZERLAND TRIP WITH GLACIER EXPRESS & HOTELS 4-day train journey in 1st class from and to Germany. Including 4-star hotels in Zermatt and St. Moritz as well as a ride on the panoramic train Glacier Express.

Some offers have limited inventory and are subject to availability.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

About Travelzoo
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals.

Travelzoo is a registered trademark of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media Contact:

Mara Zatti 
+49 30 3119 7514
mzatti@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-released-on-may-25-2025-302464758.html

SOURCE Travelzoo

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Huawei ICT Competition 2024-2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

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SHENZHEN, China, May 24, 2025 /PRNewswire/ — The Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final was successfully held today in Shenzhen. In its 9th edition, the event has reached a record-breaking scale this year, attracting over 210,000 students and instructors from more than 2,000 colleges and universities in over 100 countries and regions. Following national and regional competitions, 179 teams from 48 countries and regions made it to the Global Final.

Through intense competition across three major tracks, Practice, Innovation, and Programming, top honors were awarded to 18 outstanding teams from 9 countries: China, Algeria, Brazil, Philippines, Morocco, Nigeria, Serbia, Tanzania, and Singapore.

The Grand Prize winners of the Innovation Competition were teams from the Bulacan State University in the Philippines, Beijing University of Technology in China, Faculty of Technical Sciences Čačak of the University of Kragujevac in Serbia, and the Faculty of Sciences and Techniques of Errachidia – Moulay Ismail University in Morocco.

In the Practice Competition – Network Track, Grand Prizes were awarded to teams from the Shenzhen Institute of Information Technology in China, Instituto Federal do Tocantins in Brazil, Federal University of Technology Minna in Nigeria, and a joint team from Dar es Salaam Institute of Technology, University of Dar es Salaam, and University of Dodoma in Tanzania.

In the Practice Competition – Cloud Track, Grand Prize winners included teams from iACADEMY in the Philippines, University of Batna 2 and the Higher National School of Computer Science Algiers in Algeria, Tianjin University of Technology and Education in China, and Singapore University of Social Sciences.

In the Practice Competition – Computing Track, the Grand Prizes went to teams from Guilin University of Electronic Technology in China, Federal University of Technology Minna in Nigeria, University of Bejaia and Higher National School of Computer Science SBA in Algeria, and Cebu Institute of Technology – University in the Philippines.

The Grand Prize in the Programming Competition was awarded to a team from Shenzhen Polytechnic University in China.

To recognize outstanding contributions beyond technical excellence, the competition also presented special honors. The Women in Tech Award was granted to four all-female teams from Brazil, Saudi Arabia, Germany, and Kenya. The Green Development Award went to a team from Ghana. The Most Valuable Instructor Award recognized 18 distinguished instructors from 10 countries – China, Algeria, Bangladesh, Brazil, Egypt, Indonesia, Iraq, Nigeria, Hungary, and Türkiye – for their contributions to ICT education.

In his opening speech, Ritchie Peng, Director of the ICT Strategy & Business Development Dept at Huawei, mentioned, “To achieve the goal of learning through competition and inspiring innovation through competition, we have continuously evolved the design of competition topics. The Practice Competition aligns with our vision for an Intelligent World 2030 and encourages students to master cloud computing, big data, and AI to drive social progress. The Innovation Competition focuses on green development and digital inclusion, motivating participants to solve real-world challenges in sectors like agriculture, healthcare, and education through ICT.”

As digital transformation is accelerating globally, the demand for skilled professionals in fields such as AI, big data, and cybersecurity continues to grow. However, the shortage of talent in these critical areas is becoming increasingly evident. To help tackle this challenge, the Huawei ICT Competition features multiple tracks — including Practice, Innovation, and Programming — alongside initiatives such as industry-academia collaboration and tailored curriculum development. These efforts aim to equip students with in-demand skills and foster the next-generation tech talent who will stand out in an increasingly intelligent and digital world.

During this year’s competition, Huawei also hosted the AI Accelerating Education Transformation Summit, where experts explored the pivotal role of AI in smart education. In addition, Huawei officially announced the AI Capability of the Huawei ICT Academy Intelligent Platform, making it easier and more efficient for educators and students to use. This marks another step forward in advancing educational digitalization.

For more details about the Huawei ICT Competition, visit us at https://www.huawei.com/minisite/ict-competition-2024-2025-global/en/index.html.

SOURCE Huawei

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Deye Redefines Solar Tech at Intersolar 2025

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Deye showcased its next-gen wireless energy management system, off-grid ESS solution, C&I ESS solutions and utility ESS solutions, drawing strong interest from global partners

MUNICH, May 24, 2025 /PRNewswire/ — At Intersolar Europe, one of the solar industry’s key exhibitions, Deye impressed the crowd with its new-generation Power Conversion System (PCS), smart wireless energy management system, off-grid ESS solutions and C&I ESS solutions. Over three days, the booth drew hundreds of partners and professionals, highlighting how intelligent energy is reshaping the global energy development.

The exhibition featured an indoor hall and an outdoor container zone. Indoors, Deye displayed its HVAC appliances and integrated PV storage solutions for residential, commercial, industrial, and ground power stations. Outdoors, it showcased the Smart Home Micro-Climate Comfort Solution, powered by its household energy storage system and Five Constant System, expanding solar storage application possibilities.

Deye showcased its latest PCS series, featuring <20 ms seamless mode transitions and up to 500 kW independent power paths for uninterrupted on/off-grid and diesel mode operation. Its intelligent EMS enables zero-export control and time-of-use scheduling with color touchscreen and remote cloud management. With up to 98.5% efficiency and 2.5 MW rated power, it suits medium to large-scale commercial and industrial applications.

Another talked-about innovation was Deye’s wireless smart energy management system based on LoRa for smart load control and home automation. Through multi-dimensional logic control such as time, battery SOC and grid state, this system can automatically optimize the power consumption strategy. Moreover, it supports smart home IoT integration, connecting devices like smart EV chargers, wireless CTs, switches, and plugs for remote control via the Deye App.

The newly launched off-grid ESS solution attracted attention for its suitability in remote and microgrid scenarios. Compatible with diesel generators and batteries, it delivers stable power in off-grid or weak-grid environments like deserts. Its IP65 protection level enhances durability and extends operational lifespan, while the integrated LoRa-based smart energy management system further improves performance and monitors in off-grid applications.

In addition, Deye’s C&I ESS series offers a scalable, high-performance solution for diverse business needs. The MS-G215 outdoor system features peak-valley management, anti-back flow protection, intelligent thermal control (<35℃ battery temp), and supports parallel expansion up to 20 units (on/off-grid) or 5 units (backup). The integrated PV-BESS-EV solution (MS-DCC180-2 + MS-LC430) combines solar, storage and fast charging with key advantages including:

Improving system efficiency by 4% and cutting investment by 15%.Supporting flexible 2-8 hour energy storage.Providing 3+3-layer electrical protection against thermal runaway.Achieving efficiency and safety with 180kW ultra-fast charging and up to 4 dual-gun terminals.

For high-capacity energy storage, the utility C&I PV-BESS solution delivers 430 kWh per unit with excellent scalability and active balancing. It ensures optimal battery efficiency and lifespan while adapting to diverse industry requirements, making it ideal for applications across commercial, industrial, and utility sectors.

Beyond the product display, the exhibition marked a milestone in Deye’s global strategy. Its F120 Series ESS earned CEI 0-21 and 0-16 certifications from Kiwa for Italy’s medium-voltage grids, while TÜV Rheinland granted VDE-AR-N 4110 & 4120 certifications to its flagship ESS and 110 kW three-phase inverter. Attendees also experienced Deye’s latest innovations through an immersive VR showcase, which further reinforced its international tech leadership.

With Intersolar Europe 2025 behind it, Deye now looks to global expansion, focusing on technology refinement and deeper global partnerships. “Our vision is clear,” said Deye’s representative. “To empower communities, businesses, and grids with smart, sustainable energy. Intersolar confirmed we’re on the right path- and the world is ready.”

For more information about Deye, visit https://www.deyeinverter.com/ ; https://deyeess.com/

Photo – https://mma.prnewswire.com/media/2694982/20250522172531.jpg

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