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Rowenta, a brand of Groupe SEB, and Narwal Unveil Co-Engineered X-CLEAN 10 in Landmark Partnership

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PARIS, Oct. 22, 2024 /PRNewswire/ — Rowenta, a leader in high-performance home appliances under Groupe SEB, proudly announces its technology partnership with Narwal, a pioneer in home cleaning robotics. By combining Rowenta’s renowned craftsmanship and market influence with Narwal’s cutting-edge robotic technology, the new partnership is set to redefine home cleaning standards for European consumers. The collaboration introduces the Rowenta X-CLEAN 10, an Intelligent Cordless Vacuum and Wash Cleaner, showcasing both brands’ shared commitment to innovation and product excellence. Powered by Narwal’s state-of-the-art cleaning technology, this co-engineered innovation underscores the significance both brands place on the European market, reflecting their shared vision for future growth and advancement in home cleaning solutions. 

Strategic Alliance in Home Cleaning Excellence

As the world reference in small domestic equipment, Groupe SEB has a unique portfolio of top brands including Rowenta, Tefal, WMF and Krups… Rowenta, which celebrates 140 years of excellence this year, is one of its flagship brands and continues to drive innovation in household appliances. Rowenta’s success has been bolstered by its presence within Groupe SEB’s diverse ecosystem, allowing it to thrive in key categories such as Personal Care, Home Comfort, Linen Care and Floor Care, depending on markets in which the brand is implanted. In particular, its growing success in the Floor Care sector continues to be widely recognized, further strengthening its foothold in European homes.

Narwal, a leader in robotic cleaning technology, shares Rowenta’s commitment to “make consumer’s everyday life easier” with innovation. With a global team of over 700 researchers—more than half of its 1,400+ workforce—Narwal has developed intelligent cleaning solutions that serve over 3 million households worldwide. Ranked among the top five robotic cleaning manufacturers, Narwal achieved $200 million in sales within two years of its launch and continues to see double-digit growth.

This collaboration brings together two industry leaders, leveraging Narwal’s advanced cleaning technology to enhance Rowenta’s X-CLEAN 10. By merging Narwal’s expertise with Rowenta’s robust market presence and localized knowledge, this partnership underscores a mutual dedication to delivering innovative, high-quality products that meet the evolving needs of European consumers.

Rowenta X-CLEAN 10: The Next-level Floor Care Innovation

The Rowenta X-CLEAN 10, the first co-engineered product from the technology partnership with Narwal, showcases exceptional excellence through precision engineering and advanced technology. It features Narwal’s patented AI DirtSense™ technology, which intelligently adjusts water flow and suction based on dirt levels, ensuring thorough cleaning with minimal user intervention. Complementing this is the innovative L-shaped double-row staggered comb brush, leveraging Narwal’s expertise in anti-tangling technology.

Additionally, the X-CLEAN 10 delivers top-tier performance for flawless results in no time: Its self-propelled roller system offers an ultra-lightweight cleaning experience with only 0.8 kg in hand—with a flexible 180-degree design for ultimate reach. It also proposes a self-cleaning system built with an exclusive bi-directional hassle-free self-cleaning and self-drying system at the push of a button. Finally it is full Innovative solutions that make cleaning easier, including vocal assistance, user-friendly controls on an LED screen, real-time dirt tracking and more: A revolutionary cleaner that sets a new standard for cordless vacuum performance in European homes.

“We’re excited to partner with Rowenta and bring groundbreaking cleaning solutions to European consumers. Together, we look forward to introducing even more exceptional innovations in the future,” says Hower Wu, Senior Vice President, Narwal Robotics.

“We are very impressed by Narwal’s innovative technologies such as AI DirtSense™. Their expertise elevates the cleaning experience to an entire new level,” says David Jeanson, General Manager, Home, Linen and Personal Care, Groupe SEB.

About Narwal

Narwal is known for using its cutting-edge technology to realize its objective of bringing flawless floors to users. As one of the top five robotic cleaning manufacturers, the brand generated $200 million in sales within two years of launching its first product and has consistently maintained high double-digit annual growth since then. In H1 2024, Narwal expanded its international market sales volume by an impressive 750% year-over-year, serving over 3 million households globally. The company has secured significant investments from prominent backers, including Sequoia Capital, Hillhouse Capital, ByteDance (the parent company of TikTok), and Tencent. With a team of over 700 researchers and scientists —comprising more than half of its 1,400+ global workforce. In recent years, Narwal has achieved numerous breakthroughs across various fields and garnered prestigious international awards, including the CES Innovation Awards, Red Dot Awards, the Edison Gold Award, and a spot on Time Magazine’s 100 Best.

About Rowenta

At Rowenta, a brand born in Germany in 1909, we have been able to meet the consumer’s needs by combining performance that guarantee perfect results with features that take care of you.

We innovate everyday with new solutions that smooth out and purify all your clothes, appliances that take care of your hair and skin, efficient, easy-to-handle and quiet vacuum cleaners, and products that improve the indoor air quality, so you always look and feel at your best.

We are constantly seeking to optimize resource consumption in the development and use of our products to make Rowenta performance a more sustainable one. A performance that always gives the best results and makes your life easier every time and for a long time.

Contact
Aria Si – yutong.si@narwal.com

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Logo – https://mma.prnewswire.com/media/2309467/Narwal_Logo.jpg

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Strengthening Municipal Bond Trading Efficiency: True Market and PIMCO

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DETROIT, Oct. 22, 2024 /PRNewswire/ — True Market, a pioneer of financial technology, today announced a strategic collaboration with PIMCO, a global investment management firm, leveraging True Market’s advanced virtual private ATS technology and Software as a Service (SaaS) solutions.

By integrating True Market’s sophisticated platform-as-a-service (PaaS) solution, PIMCO aims to significantly enhance workflow optimization for municipal bonds in an effort to address the evolving needs of the marketplace.

“PIMCO recognizes the critical importance of performance and workflow optimization and is continually seeking innovative technology to improve efficiency,” said David Hammer, Managing Director and Head of Municipal Bond Portfolio Management at PIMCO. “We are thrilled to partner with True Market, whose solution will help us provide this greater efficiency for municipal bond clients and partners.”

Charles Almond, CEO of True Market, expressed his enthusiasm: “We are delighted to collaborate with PIMCO to enhance their municipal trading operations. This partnership underscores our commitment to helping PIMCO maintain and build upon their leadership in the field.”

Aligning True Market’s innovations solving aggregation of real-time cutting-edge data and liquidity with PIMCO’s objectives sets a new benchmark in financial technology solutions. This partnership emphasizes True Market’s commitment to strengthen asset management practices, which support PIMCO’s key position as a leader in the market.

About True Market
True Market is a forward-thinking player in the financial technology sector, specializing in unified fixed income trading markets and bespoke workflow solutions. With a stronghold in technological advancements, the company continues to drive progress in asset management through industry-leading solutions.

For Information on True Market:

Website:

https://true.market 

Email:

info@truemarketllc.com 

General Phone:

(866) 644-5611

 

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SOURCE True Market

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ActivTrak to Speak on Boosting Productivity and Performance with Workforce Analytics at the 2024 Gartner® ReimagineHR Conference

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AUSTIN, Texas, Oct. 22, 2024 /PRNewswire/ — ActivTrak today announced that Chief Product Officer Javier Aldrete will present a session on workforce analytics at the 2024 Gartner® ReimagineHR Conference, the HR conference for CHROs and their leadership teams, to be held Oct. 28-30 in Orlando.

WHAT:

Theater Session: How to Boost Productivity and Performance with Workforce Analytics

HR leaders face growing questions about the ROI of workforce investments, yet too many don’t have the data to understand and optimize how distributed, digital teams work. In this session, HR leaders will learn how to use workforce analytics to boost employee productivity and engagement, optimize performance, and make informed investment decisions. Real-world case studies will illustrate the impact of data-informed coaching and the integration of people analytics with other business data.

WHO:

Javier Aldrete, Chief Product Officer, ActivTrak        

WHERE:

Gartner ReimagineHR Conference 

WHEN:

Wed., Oct. 30, 2024
10:00 – 10:20 a.m. EDT

CONTACT:

ActivTrak will demo its workforce analytics platform at booth #119.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About the Gartner ReimagineHR Conference 
The Gartner ReimagineHR Conference is the premier event for CHROs and HR leaders to learn from the latest research and Gartner experts covering talent acquisition, diversity, equity and inclusion, learning and development, total rewards, talent analytics, and HR technology. Gartner ReimagineHR will be held October 28-30 in Orlando, Florida. Follow news and updates from these events on Twitter using #GartnerHR.

About ActivTrak
ActivTrak helps organizations improve performance and optimize productivity. Our workforce intelligence platform transforms work activity data into actionable insights, providing the only complete solution with employee monitoring, productivity and performance management, and workforce planning capabilities that deliver measurable ROI. More than 9,500 customers trust ActivTrak’s award-winning technology which has been recognized by the Deloitte Technology Fast 500, Inc. 5000, TrustRadius and G2. ActivTrak is backed by Sapphire Ventures and Elsewhere Partners. To learn more visit: https://www.activtrak.com/.

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SOURCE ActivTrak

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EQT AB hosts Capital Markets Event in New York

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STOCKHOLM, Oct. 22, 2024 /PRNewswire/ — Today, EQT hosts its first Capital Markets Event in New York. In the five years since EQT’s listing on Nasdaq Stockholm, EQT has quadrupled revenues and had a fivefold increase in market cap to USD ~40 billion.

The event will feature presentations by EQT’s CEO Christian Sinding, members of the Executive Committee, the Heads of Private Equity and Infrastructure North America, the Global Head of Real Estate and Client Relations & Capital Raising. Presentations will cover EQT’s long-term growth priorities, thematic investment focus, repeatable approach to value creation, EQT’s view on the future of private markets, and EQT’s US ambitions.

Presentations and Q&A will begin at 10:00 AM ET. The event will conclude with a fireside chat between EQT Founder and Chair Conni Jonsson and Bloomberg TV Anchor Dani Burger followed by lunch. 

The event will be held in person only. A presentation is available on the EQT Group website’s Shareholder Relations tab and a recording will be available after the event. 

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
Mathilde Milch, Communications Director, +1 917 510 66 26

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

https://news.cision.com/eqt/r/eqt-ab-hosts-capital-markets-event-in-new-york,c4054491

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View original content:https://www.prnewswire.co.uk/news-releases/eqt-ab-hosts-capital-markets-event-in-new-york-302283245.html

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