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Lesaffre strengthens its Research, Development & Innovation (RD&I) with the acquisition of Altar, a company owned by Ginkgo Bioworks

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MARCQ-EN-BARŒUL, France, Oct. 7, 2024 /PRNewswire/ — Lesaffre, a key global player in the field of fermentation and microorganisms, announces the acquisition of Altar, a French start-up specializing in Adaptive Laboratory Evolution (ALE). Created in 2017, Altar will complement Lesaffre’s existing know-how and technologies to boost the Group’s capacity of innovation in fermentation and microorganisms.

Altar is a French biotech company founded in 2017, specialized in Adaptive Laboratory Evolution. The company developed in the last years a technology enabling the continuous, uninterrupted cultivation of microorganisms’ cultures under controlled conditions to select strains with specific properties, for as long as required. The start-up offers access to its technology, platform and associated know-how through collaborative projects or research services. Thanks to the high maturity of their approach of ALE, Altar has a high degree of precision and control over their technology, which is directly linked to the team’s know-how and the R&D assets they developed.

“At Lesaffre, we are driven by an unwavering belief in the infinite possibilities of fermentation,” says Brice-Audren Riché, CEO of Lesaffre. “Powered by the incredible potential of microorganisms, we see fermentation as a transformative solution to nourish a growing global population in a safer, healthier, and more sustainable way. As a leader in bioengineering and bioprocesses, we naturally place research, development, and innovation at the heart of our success. Our strong commitment to R&D reflects our mission to better nourish and protect our planet. In recent years, this dedication has only intensified, as evidenced by our strategic investments. First, we established the Lesaffre Campus — a state-of-the-art hub designed to accelerate innovation leveraging the latest architectural and technological advancements. Additionally, we have bolstered our R&D capabilities through the strategic acquisition of three companies specializing in fermentation research over the past three years.”

This deal includes Lesaffre’s integration of Altar’s team, its know-how and the machines designed and used by the teams daily. This technology, mastered by its users for years now, is a real asset for Lesaffre, complementing its existing range of technologies. The deal has been closed at the end of September 2024.

A state-of-the-art technology that complements Lesaffre’s know-how

This acquisition of skills and know-how complements the existing technologies of the Lesaffre Institute of Science and Technology (LIST) and is part of its strategy to invest more and more in its RD&I equipment to best meet the needs of the Group’s customers. Thanks to this technology, Lesaffre will be able to offer its clients more complex strains and improve the high quality of their products.

“At Lesaffre, we are convinced that today’s RD&I are the products of tomorrow. By investing today in our innovation capabilities, we give our research and development experts the means to develop healthier, more sustainable products that best meet the needs of our customers. We are very pleased to welcome the Altar team to Lesaffre and to be able to join forces to build the solutions of tomorrow together,” says Christine M’Rini, Chief RD&I Officer at Lesaffre. 

Based in Evry (Ile-de-France) within Genopole, the first French Biocluster dedicated to biotechnology, Altar’s 14 employees are integrated within Lesaffre Institute of Science and Technology, the RD&I department of Lesaffre. They constitute a real force for the Group, which relies on their knowledge and expertise of this technology to push the boundaries of innovation further.

“Lesaffre’s acquisition of Altar, our French subsidiary, allows Ginkgo to refocus strategically, while enabling Lesaffre to go even further in innovating and responding to the major challenges of tomorrow. We are excited to maintain our access to this powerful technology, developed and scaled by the Altar team on Ginkgo’s platform, which nicely complements Lesaffre’s know-how in the field of microorganisms. We are very grateful to our employees joining Lesaffre and look forward to continuing working with them for long into the future,” says Ena Cratsenburg, Chief Business Officer at Ginkgo Bioworks.

ABOUT LESAFFRE

A key global player in fermentation for more than a century, Lesaffre, with a 3 billion euros turnover, and established on all continents, counts 11,000 employees and 96 nationalities. On the strength of this experience and diversity, we work with customers, partners and researchers to find ever more relevant answers to the needs of food, health, naturalness and respect for our environment. Thus, every day, we explore and reveal the infinite potential of microorganisms.

To nourish 9 billion people, in a healthy way, in 2050 by making the most of our planet’s resources is a major and unprecedented issue. We believe that fermentation is one of the most promising answers to this challenge.

Lesaffre – Working together to better nourish and protect the planet

More information on www.lesaffre.com
Join us in conversation on LinkedIn and on Twitter

Press contact:
press@lesaffre.com 

Logo – https://mma.prnewswire.com/media/1893479/Lesaffre_Logo.jpg

 

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SOURCE Lesaffre

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LG Display Introduces the World’s First Eyesafe® Circadian Displays

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October 7, 2024

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MINNEAPOLIS, Oct. 7, 2024 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, has announced a groundbreaking achievement in collaboration with Eyesafe, the global leader in blue light management solutions. LG Display’s entire lineup of OLED TV and monitor panels, from 27 to 97 inches, have become the world’s first displays to receive Eyesafe® Circadian Certification. This recognition highlights LG Display’s dedication to user well-being with displays that minimize blue light exposure and support quality sleep.

Nighttime exposure to blue light from screens has been found to disrupt circadian rhythms by reducing melatonin secretion, a hormone responsible for our sleep-wake cycles. In turn, individuals may have difficulty falling asleep, frequent awakenings, and poor overall sleep quality.[1]

The Eyesafe Vision Health Advisory Board, composed of top global ophthalmologists and optometrists, endorses LG Display’s OLED TV and monitor panels as an excellent choice for those seeking superior image quality with reduced impact on sleep.

LG Display’s OLED TV and monitor panels have received a Tier 1 rating, the highest possible level based on their Circadian Protection Factor (CPF) score. Eyesafe calculates CPF, which is founded on the international standard defined by the CIE System for Metrology of Optical Radiation for ipRGC-Influenced Responses to Light, by assessing the intensity and proportion of blue light stimulating optical cells.

“We will provide differentiated customer experiences with human-friendly displays that not only provide the best image quality, but also consider the health of users,” said Hyeon-woo Lee, Senior Vice President and Head of Large Display Business Unit at LG Display.

For more information about Eyesafe and LG Display, please visit eyesafe.com/oled.

About Eyesafe
Eyesafe Inc. is the world leader in blue light management, including display technology, standards, certification, and accessory solutions. With an expansive portfolio of intellectual property, the company employs a world-class team of eye doctors, engineers, and scientists with decades of experience in electronics, display materials, light management, optometry, and ophthalmology. The Eyesafe brand is trusted by consumers and integrated in millions of digital devices from Dell, HP, Lenovo, LG, ZAGG and more. Eyesafe is recognized by Inc. 5000 as one of the fastest growing private companies in America and by the Minneapolis/St. Paul Business Journal as the #1 Fastest Growing Company in Minnesota. Learn more at eyesafe.com.

Press Contact:
5W Public Relations
eyesafe@5wpr.com 

[1] Nikita A. Wong, Hamed Bahmani, A review of the current state of research on artificial blue light safety as it applies to digital devices, Heliyon, Volume 8, Issue 8, 2022, e10282, ISSN 2405-8440, https://doi.org/10.1016/j.heliyon.2022.e10282

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-display-introduces-the-worlds-first-eyesafe-circadian-displays-302268369.html

SOURCE Eyesafe

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CADENCE USHERS IN NEW ERA OF TRAVEL TECHNOLOGY

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46 mins ago

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October 7, 2024

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LA JOLLA, Calif., Oct. 7, 2024 /PRNewswire/ — Today marks a monumental milestone for Cadence as they proudly launch TripSuite, one of the industry’s most innovative technology platforms. This comprehensive mid- to back-office solution integrates CRM and streamlines commission tracking, payouts, and accounting processes.

“Our differentiators always have been and always will be care and support,” stated Wendy Burk, CADENCE CEO.

A JOURNEY OF INNOVATION AND EXCELLENCE

As they approach their 30th anniversary, this Forbes-Endorsed travel agency continues to stay ahead of the game. Cadence has consistently prioritized innovation, empowering their teams with essential tools needed to remain at the forefront of the industry.

This year, the momentum has been palpable. Cadence was featured on Travel Weekly’s Power List for the second consecutive year, was recently nominated for Virtuoso’s Respected Agency Culture, and has earned recognition as one of San Diego’s “Best Places to Work” for the seventh consecutive year.

“Our differentiators always have been and always will be care and support – technically and emotionally,” stated Wendy Burk, CEO. This commitment to their partners, clients, and internal teams exemplifies their core values. “We are your flight attendants in a proverbial first-class cabin. We will hold your hands as much as you need. We are going forward together and not leaving anyone behind.”

INTRODUCING TRIPSUITE

Cadence’s collaboration with TripSuite has been remarkable, with representatives from every facet of the business working hand-in-hand, feature by feature, issue by issue, solution by solution. Created to enhance internal processes and provide advisors with advanced technology and resources, this evolution allows more time to focus on what truly matters – crafting personalized luxury travel experiences.

TripSuite CEO, Jacey Jones, expressed her excitement about the partnership, stating, “We’re thrilled to collaborate with the incredible team at Cadence who share our vision for what a tech-forward agency should look like. Consolidating legacy systems into a single AI-powered platform not only drives efficiency but enables new and innovative client experiences.”

ABOUT CADENCE
Cadence is an award-winning, internationally recognized travel company dedicated to the art of taking better care of people – clients, employees, and partners alike. As one of the world’s first Forbes Travel Guide-endorsed travel agencies, Cadence offers curated and customizable solutions for every travel need. As a valued member of Virtuoso and Tzell, Cadence powers a worldwide network of 180+ independent luxury travel advisors.

Learn more about Cadence at www.cadencetravel.com or contact hello@cadencetravel.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cadence-ushers-in-new-era-of-travel-technology-302267881.html

SOURCE Cadence Travel

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Ambow Education Secures $1.3 Million International Licensing Deal for HybriU

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46 mins ago

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October 7, 2024

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CUPERTINO, Calif., Oct. 7, 2024 /PRNewswire/ — Ambow Education Holding Ltd. (NYSE American: AMBO) (“Ambow” or the “Company”), an AI-driven educational technology company, today announced that it has entered into a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures Pte. LTD. This agreement grants licensing authorization for the production of the HybriU AI UniBox and the sale of HybriU, a comprehensive AI-driven, plug-and-play educational solution, in international markets. The agreement aligns with Ambow’s mission to advance the future of education and empower educators and students globally.

“This partnership extends HybriU’s presence in the rapidly growing global digital education sector,” said Dr. Jin Huang, Ambow’s President, Chief Executive Officer, and acting Chief Financial Officer. “As more international partners join in the sale of HybriU, we can focus on expanding our presence in key U.S. markets, where we believe HybriU is currently the only available 5-in-1 total solution. It seamlessly integrates AI—empowering five key domains: teaching, learning, connectivity, recording, and management—along with lecture capture, immersive technology, and a comprehensive management platform designed specifically for the education sector. HybriU delivers a unified learning experience that transcends the boundaries of both online and offline education, bridges language and regional divides, and connects academia with industry.”

HybriU’s cutting-edge 3D solution includes 3D signal capture, recording, transformation, and remote display capabilities. It supports broadcasting life-sized 3D projections of professors in remote classrooms via a 3D LED wall, enabling a highly immersive learning experience. Learners can engage in their native language while interacting with the 3D content, making the platform accessible and effective across diverse linguistic and regional boundaries.

Based in Singapore, Inspiring Futures brings extensive experience in the education sector, with a strong focus on educational intelligence and network connectivity within Asian markets. The company is now looking to expand internationally, targeting regions with a growing demand for high-quality education and advanced technology integration. Through strategic partnerships and relationships with key stakeholders, Inspiring Futures aims to deliver innovative solutions while positioning itself as a trusted partner in the global education landscape.

About Ambow

Ambow Education Holding Ltd. is a U.S.-based, AI-driven educational technology company dedicated to empowering educational institutions, educators, and students through cutting-edge AI and connectivity solutions tailored specifically to the education sector. With our innovative HybriU technology and the operation of the prestigious New School of Architecture & Design in San Diego, California, Ambow is committed to delivering unmatched, personalized, and impactful career education services, alongside advanced AI-driven digital education technologies and solutions. For more information, visit Ambow’s corporate website at https://www.ambow.com.

Follow us on X: @Ambow_Education

Follow us on LinkedIn: Ambow-education-group

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Ambow and the industry. All information provided in this press release is as of the date hereof, and Ambow undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Ambow believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

For more information, please contact:
Ambow Education Holding Ltd.
E-mail: ir@ambow.com
or
Piacente Financial Communications
Tel: +1 212 481 2050
E-mail: ambow@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/ambow-education-secures-1-3-million-international-licensing-deal-for-hybriu-302268561.html

SOURCE Ambow Education Holding Ltd.

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