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PhoneX Holdings, Inc. to Sell Majority Stake in We Sell Cellular LLC to ITOCHU Corporation for $47.7 Million

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PhoneX Holdings, Inc. today announced that shareholders have approved the sale of 79.5% of We Sell Cellular LLC (“WSC”) to ITOCHU Corporation, through its subsidiary ITOCHU International Inc., for $47.7 million. The transaction, first announced in February, closed on April 1, 2025, and includes an option for ITOCHU to acquire the remaining 20.5% of WSC on or before April 1, 2028.

NEW YORK, April 11, 2025 /PRNewswire-PRWeb/ — PhoneX Holdings, Inc. today announced that shareholders have approved the sale of 79.5% of We Sell Cellular LLC (“WSC”) to ITOCHU Corporation, through its subsidiary ITOCHU International Inc., for $47.7 million. The transaction, first announced in February, closed on April 1, 2025, and includes an option for ITOCHU to acquire the remaining 20.5% of WSC on or before April 1, 2028.

This transaction represents a pivotal moment for the company.

We Sell Cellular has grown into a global leader in value-added distribution, delivering pre-owned mobile devices—some enhanced through advanced repair and polishing—to a growing network of wholesalers and retailers worldwide. The company’s success has been driven in large part by PhoneX’s SaaS platform, which has provided the automation, scalability, and transparency needed to expand operations and build a trusted brand in the global secondary market.

“This transaction represents a pivotal moment for the company,” said Nik Raman, CEO of PhoneX Holdings. “We’re proud of what we’ve built at We Sell Cellular, but this is the right time to shift our focus to scaling our software platform and driving product innovation.”

Following the sale, PhoneX Holdings will concentrate on accelerating the growth of its cloud-based SaaS platform, including PhoneX Connect—an enterprise solution that enables carriers, manufacturers, and large suppliers to sell devices to a global network of professional buyers. The company will also invest in developing new software products and other technologies designed to support the growing circular mobile economy. As part of this strategic focus, PhoneX sees significant opportunities for future technology collaboration with ITOCHU, one of the most prominent players in the industry.

About PhoneX Holdings, Inc.

PhoneX Holdings, Inc. is a technology company powering the global wholesale trade of pre-owned mobile devices. Its industry-leading SaaS platform helps carriers, manufacturers, and distributors manage inventory, optimize sales, and grow their customer networks. By driving efficiency, transparency, and scale, PhoneX enables its partners to maximize value in the secondary mobile device market.

About ITOCHU Corporation

ITOCHU Corporation is a leading global trading and investment company headquartered in Tokyo, Japan, with operations in over 62 countries. The company engages in domestic and international trading of various products, including textiles, machinery, metals, energy, chemicals, food, and general products. Its ICT & Financial Business Company focuses on areas such as IT solutions, internet-related services, mobile telecommunications, and financial services, striving to create synergies that drive innovation and growth in these sectors.

Media Contact

Jayme White, PhoneX Holdings, Inc, 1 (336) 408-9637, jayme@phonexinc.com, https://www.wesellcellular.com/

View original content:https://www.prweb.com/releases/phonex-holdings-inc-to-sell-majority-stake-in-we-sell-cellular-llc-to-itochu-corporation-for-47-7-million-302425332.html

SOURCE PhoneX Holdings, Inc

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Call for Papers Deadline Approaching – Don’t Miss Your Shot to Speak at the OpenSSL Conference 2025!

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May 15, 2025

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NEWARK, Del., May 15, 2025 /PRNewswire/ — The Call for Papers for the inaugural OpenSSL Conference 2025 is still open. This is your opportunity to share your expertise and contribute to critical discussions shaping the future of secure communications, cryptography, and open-source security.

We are seeking proposals for talks, panels, and workshops that offer real-world experiences, technical innovations, and practical insights. Whether you are a developer, researcher, security engineer, or policy expert, we welcome your voice.

Dates: October 7–9, 2025
Location: Prague, Czech Republic
Submission Deadline: May 31, 2025
Submit Here

Conference tracks:

Business Value and Enterprise AdoptionTechnical Deep Dive and InnovationSecurity, Compliance, and the LawCommunity, Contribution, and the Future

Confirmed speakers include:

Daniel J. Bernstein (Research Professor, University of Illinois Chicago)Matt Caswell (President, OpenSSL Foundation)Hayden Delaney (Partner, Thomson Geer Lawyers)Rob Duhart (SVP, Oracle Cloud Infrastructure)David Hook (VP Software Engineering, Bouncy Castle Inc.)Tim Hudson (President, OpenSSL Corporation)Tanja Lange (Professor, Eindhoven University of Technology)

And other leading voices across the technical, academic, and enterprise sectors.

View our suggested pre-approved topics here.

Submission is simple and fully online.

We are building a program that reflects the shared values of the global security and open-source communities: openness, resilience, and collaboration.

Submit Your Proposal Now

Questions?

Contact us at info@openssl-conference.org or schedule a meeting with our team.

Contact:
OpenSSL Corporation
***@openssl.org

PRLog ID: www.prlog.org/13076917

View original content:https://www.prnewswire.com/news-releases/call-for-papers-deadline-approaching–dont-miss-your-shot-to-speak-at-the-openssl-conference-2025-302456972.html

SOURCE OpenSSL Corporation

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Ascent Welcomes Kim Puchala as Fractional Chief People Officer

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May 15, 2025

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Ascent Names Kim Puchala as CPO

MINNEAPOLIS, May 15, 2025 /PRNewswire-PRWeb/ — Ascent Solutions is pleased to announce the appointment of Kim Puchala as its Fractional Chief People Officer (CPO). With more than 20 years of experience in strategic human resources leadership, Kim brings deep expertise in scaling people operations, driving organizational health, and aligning talent strategy to business goals.

“Kim’s experience leading talent transformation across dynamic organizations is exactly what we need to scale intentionally, without losing what makes us unique.” Pete Fox, President and CEO of Ascent Solutions.

Kim’s appointment reflects Ascent’s continued focus on strengthening its culture, improving internal systems, and building a world-class team that supports both rapid growth and long-term resilience.

Kim has held executive HR leadership roles across the professional services, tech, and healthcare sectors, including global firms and fast-growing mid-market companies. She holds a Senior Professional in Human Resources (SPHR) certification and is known for building inclusive, high-performing cultures rooted in trust and transparency.

Kim will partner closely with the executive leadership team to support initiatives across talent acquisition, employee engagement, performance development, DEI, and HR operations. This move reinforces Ascent’s dedication to creating a thriving, values-driven workplace culture.

About Ascent Solutions:

Ascent is the cybersecurity consulting firm to optimize your Microsoft security investments. The firm is founded on Microsoft practitioner expertise and the ability to meet clients where they are, regardless of size or maturity. Our consultants share a determination to secure and manage entire ecosystems, ensuring safety from current and emerging threats.

Ascent won Microsoft’s 2024 Security Customer Champion award, a Microsoft Intelligent Security Association award for 2023, and a U.S. Partner of the Year award for 2023. Ascent is a portfolio company of RunTide Capital. For more information, visit www.meetascent.com.

About RunTide Capital:

RunTide Capital is a private equity firm focused on building tech-enabled growth companies. The Founding Partners are seasoned investors with deep operating experience, having started their careers as founders and C-level executives of high-growth technology companies. For more information, please visit www.runtidecapital.com.

Media Contact

Sean Stavast, Ascent Solutions, 1 6122639821, sean.stavast@meetascent.com, www.meetascent.com

Media Contact

Sean Stavast, Ascent Solution Inc., 1 6122639821, sean.stavast@meetascent.com, https://www.meetascent.com/

View original content to download multimedia:https://www.prweb.com/releases/ascent-welcomes-kim-puchala-as-fractional-chief-people-officer-302454817.html

SOURCE Ascent Solution Inc.

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EWR Digital Unveils U.S. Market Access Division to Fuel Growth for Nearshoring and Industrial Firms Across North America

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May 15, 2025

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HOUSTON, May 15, 2025 /PRNewswire/ — In a bold move aligned with the accelerating reshoring and nearshoring boom, EWR Digital, a Houston-based strategic growth consultancy and digital services execution partner, has launched a new division aimed at helping manufacturers, construction firms, and logistics providers expand into the U.S. market and compete at scale.

With the global supply chain recalibrating and Mexico fast becoming the new China for North American manufacturing, EWR Digital is positioning itself not as a traditional international marketing agency, but as a U.S. market access partner for industrial and infrastructure firms navigating cross-border growth.

“We’re seeing a seismic shift. Nearshoring isn’t just a logistics play—it’s the front line of economic transformation,” said Matt Bertram, Head of Strategy for EWR Digital. “Our mission is to make sure these companies don’t just show up in the U.S.—they stand out and land new business.”

Bridging Two Economies: Digital Strategy Meets Cross-Border Commerce

The newly formed division offers high-impact digital strategy, web infrastructure, and performance marketing tailored to complex B2B sales environments. But the deeper value lies in translating operational capability into market relevance.

“We’ve sat across from CEOs of firms doing $100M+ in industrial sales who are ready to enter the U.S.but they don’t know where to start with digital,” Bertram said. “We guide them through buyer behavior, compliance signals, channel strategy and how to win trust online.”

Nearshoring with U.S. Signal: Turning Proximity into Positioning

For manufacturing and logistics firms riding the nearshoring wave, EWR Digital’s U.S.-based strategy becomes an asset in itself. A localized web presence centered in Houston, TX, English-language marketing, and alignment with U.S. digital norms boost credibility with American buyers, procurement teams, and regulators in the gulf coast markets.

“It’s one thing to be in Mexico. It’s another to look and feel like a trusted U.S. partner,” said Bertram. “That’s what we build—digitally, strategically, and visibly.”

EWR Digital’s new division is purpose-built to address the unique challenges industrial B2B companies face in visibility, lead generation, and brand differentiation—delivering enterprise marketing services that align directly with their business objectives.

For more information visit https://www.ewrdigital.com/

View original content:https://www.prnewswire.com/news-releases/ewr-digital-unveils-us-market-access-division-to-fuel-growth-for-nearshoring-and-industrial-firms-across-north-america-302457012.html

SOURCE EWR Digital/EXEC

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