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EQT Welcomes Sixth Street as Strategic Investor in EdgeConneX

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Sixth Street to acquire minority interest in EdgeConneXBroadened investor base adds new resources and expertise, supporting EdgeConneX’s long-term ambition as a leading global data center and AI infrastructure provider

NEW YORK, Sept. 24, 2024 /PRNewswire/ — EQT and Sixth Street are pleased to announce that the EQT Infrastructure IV and EQT Infrastructure V funds (“EQT Infrastructure”) have signed an agreement to sell a minority stake in EdgeConneX to funds managed by Sixth Street. Having been invested in the company since 2020, EQT Infrastructure will remain the largest shareholder following the closing of the transaction.

EdgeConneX is a leading global provider of data center capacity focused on energy-efficient and sustainable designs optimized for AI and large-scale cloud deployments. Since 2020, EdgeConneX has more than tripled its built data center capacity and expanded its reach into Asia, Latin America and new European markets. Today, EdgeConneX has a global footprint of 80 data centers in operation or development in more than 50 markets across North America, Europe, APAC and South America.

The stake sale marks a strategic milestone in EdgeConneX’s journey, welcoming a strategic partner to help accelerate the company’s ability to deliver capacity and cutting-edge solutions to its customers.

“With this transaction, EQT believes EdgeConneX is well-equipped to deliver scalable, high-performance data center solutions that will power the next generation of AI,” said Jan Vesely, Partner within EQT Infrastructure’s Advisory Team. “As AI continues to drive significant changes and create new opportunities across industries, EQT remains committed to being at the forefront of developing the required datacenter, connectivity and energy infrastructure needed for AI and to ensuring that EdgeConneX and our partners across EQT Infrastructure will continue to capitalize on this powerful industry tailwind.”

Sixth Street’s investment is a result of cross-platform collaboration between the firm’s dedicated digital infrastructure and global real estate platforms, which offer scaled capital solutions for companies and assets across their respective sectors.

“We’re pleased to bring our team’s deep experience in digital infrastructure and real estate asset investing to this partnership and join EQT in supporting EdgeConneX’s strategic growth,” said Julian Salisbury, Co-Chief Investment Officer at Sixth Street. “EdgeConneX is well-positioned for future success with the scale, high-quality performance, and expanding capabilities required to meet the increasing global demand for data center capacity and services.”    

The transaction is subject to customary conditions and approvals and is expected to close in Q4 2024.

Morgan Stanley & Co. LLC served as lead financial advisor, Goldman Sachs served as financial advisor and Simpson Thacher & Bartlett provided legal counsel to EQT Infrastructure. Centerview Partners LLC served as exclusive financial advisor and Debevoise & Plimpton provided legal counsel to Sixth Street.

Contact

EQT Press Office, press@eqtpartners.com

Sixth Street Press Office, media@sixthstreet.com 

This information was brought to you by Cision http://news.cision.com

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Draup and The Josh Bersin Company launch report on the impact of AI and workers, skills, and organizations

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THE WOODLANDS, Texas, Nov. 12, 2024 /PRNewswire/ — Draup, a leading talent strategy platform that delivers multi-dimensional talent data to support enterprises’ talent decisions, and The Josh Bersin Company, a trusted industry advisor for global HR leaders, have partnered to release an in-depth report titled, “How Integrating AI with Human Skills is the On-Ramp to Flourishing in a Rapidly Evolving Job Landscape.”  The report offers insights on adapting job roles to an AI-driven landscape, emphasizing strategies to integrate AI into existing workflows, boosting productivity and fostering innovation

This comprehensive report explores how AI’s integration across business functions (e.g., software engineering, HR, sales, finance) is set to reshape the workforce. Key insights include how to measure AI’s influence on specific roles, understand emerging and critical skills by work effort and recommend skill development & organizational changes to prepare for the future of work “This study explains the enormous opportunity AI presents by re-engineering functional work practices,” said Josh Bersin, Global Industry Analyst and CEO of The Josh Bersin Company. “By focusing on the blend of AI capabilities with human expertise, organizations can create value-driven strategies that support sustainable growth and a transformative approach to workforce planning.”

The report also underscores the importance of understanding AI’s evolving role in areas like soft skills management, creative work, and customer experience. Each chapter delves into these shifts, providing readers with actionable insights into emerging skills requirements, changing job roles in finance and supply chain, and how HR can spearhead safe AI adoption within organizations.

Vijay Swaminathan, CEO of Draup, commented, “At Draup, we are dedicated to equipping organizations with the talent strategy & intelligence needed to navigate AI-driven changes effectively. This report highlights not only the transformative potential of AI but also the importance of a strategic approach to upskilling and workforce planning. We believe that by partnering AI with human skills, companies can proactively future-proof their talent and strengthen their competitive edge.”

This report provides practical guidance on navigating workforce transformation, detailing the benefits and limitations of AI in diverse organizational contexts and helping leaders reimagine the value of their workforce.

The report is currently available exclusively to Josh Bersin Company Corporate Members and Draup Customers. To access the report and learn more about how AI and human skills can empower your organization, visit https://joshbersin.com/about-2 and request more information about Corporate Membership. 

About Draup

Draup is a leading Talent Strategy Platform that delivers multi-dimensional global labor market data to drive enterprises’ Workforce Planning, Recruitment & Transformative Skills Architecture initiatives. Draup supports HR Leaders in optimizing their workforce strategies by helping them address evolving workforce needs, assess global talent & peer group landscape, and design career paths for long-term success. With real-time access to granular data and personalized insights, Draup empowers customers with actionable intelligence & recommendations to strengthen their talent strategies. https://www.draup.com/talent 

About The Josh Bersin Company

The Josh Bersin Company is the most trusted human capital advisors in the world. More than a million HR and business leaders rely on us to help them overcome their greatest people challenges. Thanks to our understanding of workplace issues, informed by the largest, and most up-to-date data sets on workers and employees, we give leaders the confidence to make decisions in line with the latest thinking and evidence about work and the workplace. https://joshbersin.com/ 

This release underscores Draup and The Josh Bersin Company’s shared mission to equip leaders with the insights needed for driving workforce transformation.

 

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ezACH Direct Deposit Software From Halfpricesoft.com Has Been Updated With New Quick Start Guide

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The latest edition of ezACH direct deposit software allows companies to seamlessly pay both contractors and employees quickly with a new quick start guide. Clients are invited to download and test drive at no cost or obligation at halfpricesoft.com.

NEWARK, N.J., Nov. 12, 2024 /PRNewswire-PRWeb/ — Businesses that want to switch to ACH deposits rather than process paper checks, are turning to ezACH direct deposit software from https://www.halfpri cesoft.com/ [Halfpricesoft.com. __title__ Business Software With Remote or Office Use Capability]Clients will get unlimited payments to employees, contractors, vendors and can also pay the government quarterly taxes with ezACH as well. Even better, a new quick start guide has been added for customer ease of use. See link below
ezACH Quick Start Guide

Eliminate the check writing process and headaches when paying employees, contractors, vendors and the government. With ezACH Direct Deposit Software clients get the included, easy to follow quick start guide.

“Both novice and seasoned company owners can eliminate the check writing process and headaches when paying employees, contractors, vendors and the government. With ezACH Direct Deposit Software clients get the included, easy to follow quick start guide .” Says developer, Dr. Ge.

For only $199.00 for a single installation, a company client can purchase and process unlimited ACH payments for unlimited companies for one flat rate. Potential customers can download and test with no obligation at https://www.halfpricesoft.com/NACHA-ACH-direct-deposit-software.asp

Benefits to using ezACH Direct Deposit-

Increased security: Direct deposit will reduce the risk of lost, stolen or damaged checks.Quicker access to funds: ezACH Direct deposit ensures that funds are available in accounts immediately, giving quicker access to money.

Go Green: Direct deposit eliminates the need for paper checks and reduces the environmental impact of paper waste.

Convenience: With ezACH direct deposit, there is no need to go to the bank or wait for a check to clear. Funds are automatically deposited into your account on a specified date.

Time-saving: Direct deposit saves time for both employers and employees. Employees don’t have to go to the bank to deposit paychecks, and employers don’t have to spend time preparing and distributing paper checks.

Cost-effective: ezACH is only $199.00 flat rate for a single installation to process unlimited deposits for unlimited companies. (Please check with the bank for the transaction fees that may be charged by the bank).

No more hassle dealing with the banks or high cost third party companies. To start this test drive of this direct deposit software, visit https://www.halfpricesoft.com/NACHA-ACH-direct-deposit-software.asp

About halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 form software and ezACH direct deposit software.
Software from halfpricesoft.com is trusted by thousands of customers and will assist Business owners in simplifying payroll processing and streamline business management.

Media Contact

T. Bernard, halfpricesoft.com, 502-259-0936, services@halfpricesoft.com, halfpricesoft.com

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EPCR partners with Eluvio to super-charge EPCR TV

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Super-charged new EPCR TV platform powered by award-winning global content distribution platform takes off for 2024/25 Investec Champions Cup and EPCR Challenge Cup seasonAvailable across multiple services, Eluvio will bring a hugely upgraded experience to rugby fansGlobal reach and innovative tailor-made viewing options ensure EPCR tournaments will be available to more fans than ever before

LAUSANNE, Switzerland and BERKELEY, Calif., Nov. 12, 2024 /PRNewswire/ — EPCR, the tournament organiser of the Investec Champions Cup and EPCR Challenge Cup, has selected Eluvio to power its global streaming subscription service, EPCR TV. The new EPCR TV will now bring an enhanced experience to fans thanks to Eluvio’s advanced full-feature platform.

The service is a first-of-its kind streaming experience for fans powered by Eluvio. This next-gen streaming video platform brings the excitement of current and past EPCR matches to fans worldwide, offering a digital front-row seat to the best of elite international club rugby, both live and on-demand and super-charging the viewing experience.  A preview video of the new experience can be seen by clicking here.

EPCR TV will feature the Investec Champions Cup and EPCR Challenge Cup in key markets across the world, providing fans with unparalleled access to the best of international club rugby. Subscribers can choose from multiple payment options, including a season pass for €49.99, which includes access to the live matches. Alternatively, fans can opt for a weekend pass for €14.99, which includes access to the live matches of the round, or purchase single matches for €7.99 each. Some archival content will be also available for on-demand rewatch during the season.*

Jacques Raynaud, CEO of EPCR, said: “We are delighted to be partnering with Eluvio to bring best-in-class experiences for EPCR TV audiences. This represents a significant step forward in working with next-generation technology to deliver high performance streaming and expand the global reach of international club rugby’s best competitions.

“This major improvement to fans’ viewing experience represents a major part of the innovations we are introducing ahead of our 30th season, to bring incredible entertainment, every try and nail-biting moment of the Investec Champions Cup and EPCR Challenge Cup to more fans than ever before.” Michelle Munson, CEO and founder of Eluvio, said, “We’re honoured that EPCR selected Eluvio to bring the new EPCR TV to life. This is a first-of-a-kind experience for Rugby fans to enjoy high-quality streaming, with access to the best live and archival video content EPCR has to offer. EPCR and fans can engage directly through the platform for maximum enjoyment while benefiting from the most efficient and cutting-edge technology.” 

Eluvio also provides EPCR with state-of-the-art content security and end-to-end anti-piracy protection. Eluvio’s end-to-end security capability provides strong encryption, DRM (digital rights management), authorization, proof of authenticity, forensic watermarking, and rights control for a tamper-proof streaming experience.

EPCR TV is available on a web browser, mobile devices, and Apple TV, Android TV, and Amazon Fire TV via the Eluvio App available to download on the respective store. The platform allows fans to watch multiple live matches simultaneously, catch up on live matches in progress, and rapidly search through live, upcoming and past games. Streaming is provided in full HD, with dynamic automatic adaptation of the streaming resolution to the user’s available bandwidth, and low latency delivery powered by Eluvio technology. Fans can choose from multiple audio tracks for a custom experience with or without commentary. The 2024/25 EPCR season will kick off on the weekend of December 6th, promising an unforgettable experience for rugby fans. Both the Investec Champions Cup and EPCR Challenge Cup will feature the top clubs and the most exciting talent, ensuring viewers have access to unmissable rugby action.

EPCR’s 30th season kicks off on Friday 6 December, with Bath Rugby taking on Stade Rochelais at The Rec in the first match of Investec Champions Cup (KO 2000 local time) and the EPCR Challenge Cup gets underway with Dragons RFC v Montpellier Hérault Rugby (Rodney Parade, KO 2000 local time) and Gloucester Rugby v Edinburgh Rugby (Kingsholm, KO 2000).

For EPCR TV subscription options, click here.
For all Investec Champions Cup fixtures, click here.
For all EPCR Challenge Cup fixtures, click here.
*Subscription offers are subject to broadcast agreements in each territory – see full Where to Watch details

About Eluvio
Eluvio (https://eluv.io) is solving the generational problems of video over the Internet with its Content Fabric Protocol, a next-generation content distribution and storage protocol transforming the distribution and monetization of premium video and digital media–in contrast to legacy cloud workflows and CDNs. Eluvio users include Amazon Studios/MGM, European Professional Club Rugby, FOX, Gladius Sports, SONY Pictures, Telstra Broadcast Services, UEFA, Warner Bros., WWE, and others. Eluvio is led by Michelle Munson and Serban Simu, founders and inventors of Aspera (Emmy Award winning, acquired by IBM in 2014). Based in Berkeley, California with a worldwide team of 40 engineers, scientists and commercial leaders, Eluvio has received the NAB Product of the Year in 2024, Seicon Grand prize, and the prestigious Engineering Excellence Award by the Hollywood Professional Association and holds 13 issued US patents.  On X: @EluvioInc ; On LinkedIn @ https://www.linkedin.com/company/eluv-io/ 

ABOUT EPCR
European Professional Club Rugby (EPCR) is the organiser of the Investec Champions Cup and EPCR Challenge Cup. EPCR’s mission is to create outstanding rugby experiences for all key stakeholders, including leagues, clubs, players, match officials, unions, fans, broadcast and commercial partners, communities and the media.

The Investec Champions Cup and EPCR Challenge Cup features teams from the Gallagher Premiership, TOP14 and United Rugby Championship. 42 clubs from across the three clubs and eight unions compete each season to win club rugby’s most elite titles. Broadcast to over 100 territories around the world, last season EPCR welcomed 1.5 million fans into stadia and achieved a broadcast audience of over 70 million. The EPCR Finals Weekend is a destination rugby weekend held in a different city every year. On 23 and 24 May 2025, the rugby heartland of Cardiff will welcome the EPCR Challenge Cup Final and Investec Champions Cup Final to the iconic Principality Stadium. Established in 2014 with headquarters in Lausanne, Switzerland, EPCR has the following members: Fédération Française de Rugby (FFR), Federazione Italiana Rugby (FIR), Irish Rugby Football Union (IRFU), Ligue Nationale de Rugby (LNR), Premier Rugby Ltd (PRL), PRO Rugby Championship DAC (URC), Rugby Football Union (RFU), Scottish Rugby Union (SRU) and Welsh Rugby Union (WRU).

The Board of EPCR has the following members: Dominic McKay (Chairman), Jacques Raynaud (EPCR CEO), Anthony Lepage (EPCR COO), Martin Anayi (URC), Emmanuel Eschalier (LNR), Simon Massie-Taylor (PRL), Mark McCafferty (independent director), Arnaud Nourry (independent director), Bill Sweeney (RFU) and Andrea Rinaldo (FIR). EPCR’s revenues are distributed on the basis of an equal three-way division to Premiership Rugby clubs, URC clubs and LNR clubs. EPCR’s tournaments are run according to World Rugby’s Laws of the Game, and to World Rugby Regulations. On LinkedIn: https://www.linkedin.com/company/epcrugby/ 

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SOURCE Eluvio, Inc.

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