STOCKHOLM, Oct. 1, 2024 /PRNewswire/ — Avassa is a Swedish edge application management and operations platform provider. They now close a new investment round, adding the global fashion retailer H&M Group as a strategic investor for the continued modernization of brick-and-mortar store IT operations.

Edge computing is revolutionizing enterprises everywhere by bringing data processing closer to the source, significantly improving application availability, and enhancing real-time decision-making. Avassa offers a Platform as a Service (PaaS) for managing edge applications and infrastructure across various industries including retail, industrial, and automotive. This enables enterprises to efficiently manage the lifecycle of innovative edge applications and build resilient infrastructure that can operate undisrupted during offline scenarios, maintain security posture in exposed store environments, and accelerate innovation.

H&M Group has selected the Avassa Edge Platform as a key component in a broader redesign and innovation initiative for their in-store IT infrastructure. Building on this collaboration, H&M Group’s investment arm, H&M Group Ventures is now extending their engagement with Avassa by investing in the continued growth of the company, alongside Avassa’s existing investors, Fairpoint Capital, and Industrifonden.

“We are honored and proud to have H&M Group join as an investor. This investment further emphasizes H&M Group’s commitment to building a secure and innovative new generation of store IT, already demonstrated in the implementation of the Avassa Edge Platform. Retail is one of the fastest-moving industries in edge computing and we are excited to collaborate closely with H&M Group, industry leaders in this category. We are also grateful to our existing investors for their renewed trust in us on our continued growth journey,” says Fredrik Lundberg, CEO and co-founder of Avassa.

“We are delighted to deepen our partnership with Avassa with this investment and we look forward to continuing to use Avassa as an important component to further enhance our edge computing capabilities across the H&M Group”, says Katharina Gromotka, Investment Manager at H&M Group Ventures.

With this strategic collaboration with H&M Group, Avassa continues their commitment to offering a leading edge management and operations platform at a global scale.

CONTACT: 
Amy Simonson
Marketing Manager
amy@avassa.io
+4673 026 47 38

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Report to be released at approximately 7:00 AM CEST on October 15, 2024One live video webcast for analysts, investors, and journalists at 9:00 AM CEST

STOCKHOLM, Oct. 1, 2024 /PRNewswire/ — Ericsson’s (NASDAQ: ERIC) financial report for the third quarter 2024 will be published at approximately 7:00 AM CEST on October 15, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report will be available on Ericsson’s website: www.ericsson.com/en/investors/financial-reports/interim-reports

President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and take questions at a live video webcast at 9:00 AM CEST (8:00 AM BST London, 3:00 AM EDT New York).

Join the webcast or please go to www.ericsson.com/investors

To ask a question: Access dial-in information here

The webcast will be available on-demand after the event and can be viewed on our website.

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ABOUT ERICSSON:

Ericsson’s high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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World Diplomat is your gateway to a world of diplomacy where every choice matters. Step into the shoes of a world diplomat, explore diverse cultures, understand others better, and learn to accept differences. Harness the power of AI to simulate actions and decisions that can make the world a better place.

EILAT, Israel, Oct. 1, 2024 /PRNewswire-PRWeb/ — Now available on Steam, Windows Store, Apple Store and Google Play, World Diplomat allows players to step into the shoes of a global diplomat, shaping the future of international relations.

What is World Diplomat?

World Diplomat is your gateway to a world of diplomacy where every choice matters.

Step into the shoes of a world diplomat, select your diplomat name and firm, and embark on a journey to make a meaningful change in the world.

Game Features

180 Cultures: Explore diverse cultures from around the world, understand others better, and learn to accept differences.

60 Languages: Learn new languages and improve your communication with leading figures.

29 Diplomat Skills: Master various diplomatic skills to succeed in missions.

15 Technologies: Leverage diplomat advanced technologies to gain an edge.

25 Futuristic Developments: Implement innovative futuristic developments by your firm.

59 Mission Types: Engage in diverse missions that impact country relations, economies, security, and happiness.

11 Conference Types: Meet high-level attendees and complete unique missions to earn rewards.

Game Highlights

Generative AI: Harness the power of AI to simulate actions and decisions to make the world a better place.

Mission Rewards: Earn money, titles, influence, and opportunities to enhance countries’ stability and prosperity.

Strategic Decisions: Every choice you make will lead to unique outcomes.

Join the global stage and navigate the complexities of diplomatic relations.

Connect with world leaders and make a lasting impact.

Could you be the one to win the Nobel Peace Prize?

World Diplomat offers unlimited options and possibilities.

Will you be the one to lead the world towards a brighter future?

Dear diplomat, The world awaits your leadership.

Unite nations, foster peace, and build a legacy that will echo through history.

Available on

Steam: https://store.steampowered.com/app/3211540/World_Diplomat/

Windows Store: https://apps.microsoft.com/store/detail/9NVJXPLFR3WK?cid=DevShareMCLPCS

Apple Store: https://apps.apple.com/app/world-diplomat/id6612036023

Google Play: https://play.google.com/store/apps/details?id=com.igindis.topdiplomat

About iGindis Games

iGindis Games Studio is an innovative game development company focused on creating engaging and immersive strategy games that reflect real-world scenarios.

Our latest game, World Diplomat, combines cutting-edge AI and diplomacy to create a unique experience for players worldwide.

Press kit

I’ve included a press kit containing the game trailer, screenshots, and other relevant media.

I would be honored if you would consider featuring or reviewing World Diplomat.

Please feel free to reach out if you have any questions, would like to schedule an interview, or need additional information, including Steam activation codes.

You can download the press kit here: https://www.igindis.com/diplomat/PR/PressKit.zip

Thank you for your time, and I hope World Diplomat captures your interest!

Best regards,

Eran Gindi

iGindis Games Studio

Media Contact

Eran Gindi, iGindis Games, 972 523326150, contact@igindis.com, https://www.igindis.com

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SOURCE iGindis Games Studio