RingCentral agrees to acquire Dimelo

RingCentral, Inc., (NYSE:RNG), a provider of global enterprise cloud communications and collaboration solutions, has announced that it has entered into a definitive agreement to acquire Dimelo, a cloud-based digital customer engagement platform, the company said.

Dimelo enables enterprises to manage all their digital customer interactions through a single platform. Dimelo is deployed by global organizations such as Allianz, AXA, BNP Paribas, ENGIE, Orange, and Telenor, spanning multiple industries including telecom, financial services, insurance and retail.

Enterprise transformation to digital communications is accelerating at a rapid pace and is core to customer satisfaction. Dimelo´s AI-based smart routing engine enables agents to efficiently manage customer interactions across digital channels via a single interface.

Dimelo is a cloud-based digital customer engagement platform. The Dimelo platform centralizes management of all digital channel interactions including mobile and in-app messaging, social media, live chat, email, and community forums, and distributes them automatically to agents based on availability, skills, language, customer profile and more. Dimelo is headquartered in Paris, France.

RingCentral is a provider of global enterprise cloud communications and collaboration solutions. More flexible and cost-effective than legacy on-premises systems, RingCentral empowers today´s mobile and distributed workforce to communicate, collaborate, and connect from anywhere, on any device. RingCentral unifies voice, video, team messaging and collaboration, conferencing, online meetings, and integrated contact center solutions.

United Airlines reports Q3 2018 net income of USD 836m

United Airlines (UAL) has reported net income of USD 836 in the third-quarter 2018, the company said.

The air carrier reported diluted earnings per share of USD 3.06, pre-tax earnings of USD 1.1 billion and pre-tax margin of 9.6 percent.

UAL reported third-quarter adjusted pre-tax margin of 9.7 percent. Third-quarter adjusted diluted earnings per share increased 36 percent year-over-year.

Consolidated passenger revenue per available seat mile (PRASM) increased 6.1 percent year-over-year, above the high end of the company´s third-quarter 2018 guidance range of up 4 percent to 6 percent.

Consolidated unit cost per available seat mile (CASM) increased 6.4 percent year-over-year.

Consolidated CASM, excluding special charges, third-party business expenses, fuel and profit sharing, decreased 0.4 percent year-over-year.

UAL´s mid-continent hubs in Chicago, Denver and Houston had year-over-year capacity growth of 9.7 percent in the third quarter and led the system in unit revenue growth performance in the quarter.

United Airlines and United Express operate approximately 4,700 flights a day to 356 airports across five continents. In 2017, United and United Express operated more than 1.6 million flights carrying more than 148 million customers.

Cypress storage platform leverages arm processor

Cypress Semiconductor Corp. (Nasdaq: CY), the embedded solutions leader, has announced it has embedded compute capabilities into its next-generation memory platform to address the growing demand for trusted intelligence and fail-safe storage in applications such as Advanced Driver Assistance Systems (ADAS) and smart factories, the company said.

The platform includes standardized intellectual property (IP) that can be reconfigured quickly to address emerging applications. Cypress´ Semperâ„¢ NOR Flash family is based on the platform and is architected with an Arm® Cortex®-M0 processor to meet industry standards for building fail-safe embedded automotive systems and to provide reliable, high-endurance data retention at extreme operating temperatures common in automotive and industrial applications.

Cypress is the provider of advanced embedded system solutions for the world´s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products. Cypress´ microcontrollers, wireless and USB-based connectivity solutions, analog ICs and reliable, high-performance memories help engineers design differentiated products and get them to market first. Cypress is committed to providing customers with the best support and development resources on the planet enabling them to disrupt markets by creating new product categories in record time. To learn more, go to www.cypress.com.

Auburn University, Delta Air Lines partner to develop next generation of pilots

Auburn University and Delta Air Lines have announced they have partnered to develop the next generation of pilots with the opening of a Delta Aviation Education Building at Auburn, the companies said.

With a USD 6.2 million grant by Delta Air Lines, the Delta Air Lines Foundation and the Jacobson Family Foundation, the Aviation Education Building will feature an Air Bus 320 airliner simulator.

The USD 6.2 million gift is also providing funding for the university´s Radio Frequency Identification, or RFID Lab, and it will create endowed faculty professorships within Auburn´s Department of Aviation, home of one of the longest standing public flight programs in the country.

The investment in the RFID Lab will provide a dedicated Delta Air Lines Aviation Sensor ID Bay to facilitate research and create an experiential learning center that will include executive, student, and industry teaching capabilities. Delta´s support will further the overall growth of RFID applications and contributions to sensor technology solutions across aviation to create the air travel experience of the future.

Alongside the launch of the Delta Air Lines Aviation Education Building, Delta also recently selected Auburn as one of just eight colleges nationwide to launch the Delta Propel Pilot Career Path Program.

The Delta Propel Pilot Career Path Program has three main areas of focus–college, company, and community. This three-pronged approach will help Delta support future aviators as well as current Delta employees who have a passion for aviation and strong interest in becoming a Delta pilot.

Semtech, SK Telecom to monitor cattle health

Semtech Corporation (Nasdaq: SMTC), a supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that SK Telecom, one of South Korea´s largest telecommunication providers, has created an Internet of Things (IoT) cattle healthcare solution leveraging Semtech´s LoRa® devices and wireless radio frequency technology (LoRa Technology), the company said.

The product, LiveCare, is a LoRa-equipped bio-capsule which is implanted into a cow´s gastrointestinal tract and monitors for a variety of health indicators.

LiveCare´s LoRa-based IoT hardware is embedded in a bio-capsule, and the device implants itself in a cow´s ruminant stomach to continuously collect data. Ranchers monitor the data transmitted from the devices for anomalies in a cow´s body temperature and other vitals to detect the onset of disease, estrus and to forecast delivery of calves.

Unlike other solutions, the LiveCare device is shielded from being tampered with by outside conditions due to its strategic position inside the cow itself. This solution is expected to drastically improve the quality of life for the cow and by extension the cattle as a whole on the dairy farm. Healthier cows result in higher quality of milk, meat and higher earnings for the farmer.

A trial run on a South Korean farm using the technology showed an increase in annual milk harvest of 1,200 liters per cow, an increase of USD 1,100 in income per cow for the farmer and an additional USD 400 in savings for each estrus successfully planned using the LiveCare solution. SK Telecom plans on extending its services to provide automatic notification to ranchers of contagious disease as well as location tracking in the near future.

Semtech´s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide.

SK Telecom is Korea´s largest telecommunications company with more than 29 million mobile subscribers, which accounts for around 50 percent of the total market. Armed with unmatched competitiveness in mobile connectivity, SK Telecom is actively developing powerful platforms (Lifestyle Enhancement Platform, Media Platform and IoT Platform) aimed at delivering optimal value to customers and sustaining growth in the rapidly changing business environment. For more information, visit: https://www.sktelecom.com/index_en.html.

Semtech Corporation is a supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. For more information, visit http://www.semtech.com.

Avanci licensing platform expands

Avanci has announced that Conversant Wireless Licensing S.à.r.l. has joined its Internet of Things licensing platform as the 18th patent owner, the company said.

Conversant owns an extensive patent portfolio related to mobile communications networks, which includes hundreds of patents and patent applications that have been declared essential to the 2G, 3G and 4G mobile standards.

By joining the Avanci platform, Conversant will license its portfolios through Avanci´s single license agreement to automobile and smart meter manufacturers around the world.

The Avanci model brings together patent owners from around the world that develop wireless technologies into one place, creating a solution to patent licensing that increases predictability, reduces risk and streamlines technology sharing.

Avanci has a vision that sharing technology, on a broad scale for the Internet of Things industry, can be simpler. For more information about Avanci, visit http://www.avanci.com.

Conversant Intellectual Property Management Inc. is a global intellectual property management company known for its principled approach to patent licensing. With a portfolio of thousands of patents and patent applications under management, Conversant has special expertise in semiconductors and communications technology. For more information, visit www.conversantip.com.

Aeromexico reports MXN 18.2bn in Q3 2018 revenue

Grupo Aeromexico S.A.B. de C.V. (Aeromexico) (BMV: AEROMEX) has reported third quarter 2018 revenue reached MXN 18.2 billion, a 14.4% year-on-year increase, the company said.

During the quarter Revenue per ASK (RASK) increased by 7.4% compared to the same period of 2017.

The quarterly financial results reflect the negative impact of a 45.7% increase in peso denominated fuel prices and the 6.7% depreciation of the Mexican peso against the US dollar.

As a result, CASK in pesos increased by 15.0%, while CASK in dollars increased 7.8% during the quarter. CASK excluding fuel in pesos increased by 5.6% while CASK excluding fuel in dollars decreased 1.0%, highlighting Grupo Aeromexico´s ongoing focus on optimizing unit costs.

Third quarter EBITDAR reached MXN 3.4 billion. EBITDAR margin was 18.7%.
During the third quarter of 2018, Grupo Aeromexico reported an operating profit of MXN 235 million. Operating margin reached 1.3%. This result represents the 34th consecutive quarter of positive EBIT results.

Aeromexico reported a net loss of MXN 617 million for the third quarter 2018.
During the quarter, the Company incorporated two aircraft into its fleet under operating lease agreements. As of September 30, 2018, Grupo Aeromexico´s operating fleet comprised 130 aircraft.

Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico´s global airline, operates more than 600 daily flights. Its destinations network features more than 90 cities on three continents, including 44 destinations in Mexico, 21 in the United States, 15 in Latin America, 3 in Canada, 4 in Europe, and 3 in Asia.

Comtech Telecommunications announces contract renewal of USD 6.8m

Comtech Telecommunications Corp. (Nasdaq:CMTL) has announced, that during its first quarter of fiscal 2019, its Enterprise Technology group, which is part of Comtech´s Commercial Solutions segment, has received a contract renewal to provide a GPS-enabled application to a key Fortune 100 customer, the company said.

This contract renewal is for approximately USD 6.8 million, extending the relationship for a one-year period.

The Enterprise Technologies group of Comtech Telecommunications Corp. is a provider of precise device location, mapping and messaging solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechenterprise.com.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The company sells products to a diverse customer base in the global commercial and government communications markets.

Jet Midwest launches corporate aviation arm

Aviation parts provider Jet Midwest has announced the official launch of its Corporate Aviation division, the company said.

Jet Midwest has been providing value to the aviation industry for over 20 years, supplying parts and aircraft solutions to global customers. With the recent acquisition of ten jets, including Gulfstream G-IV, Falcon 900 and Bombardier Global 5000 aircraft, Jet Midwest is opening its doors to business aviation.

Jet Midwest, Inc. was founded in 1997 and is a diverse aircraft parts supplier based in Kansas City, MO with over 300,000 feet of warehouse space and with 500,000 rotable parts in stock supporting Boeing 767, 757, 737, 777, and Airbus A320, A330 series aircraft. In May 2018, Jet Midwest has acquired ten business jets to its fleet to establish a division dedicated to corporate aviation sales.

Doctor On Demand hires chief financial officer

Doctor On Demand, the nation´s virtual care provider, has announced the expansion of its leadership team with a number of appointments as it prepares for its next phase of growth in support of long term business outcomes, the company said.

To elevate the company´s financial and operational capabilities and set Doctor On Demand up for continued growth, the company has hired Jeff McCombs as Chief Financial Officer. Prior to joining Doctor On Demand, Jeff served as the Head of Global Business Operations at Facebook, the Chief Financial Officer at Flipboard, Inc., and most recently OpenTable´s Chief Financial Officer.

Doctor On Demand has also brought on Latoya Thomas as the Director of Policy and Government Affairs. She brings deep expertise from her work at the American Telemedicine Association in shaping statutory and regulatory policies nationwide that facilitate better delivery of care, Internet connectivity and transparency between consumers, providers and insurers. Latoya will lead policy development and positioning for Doctor On Demand, while also representing the company before policy makers, trade and civic groups to advance issues that support its growth strategy.

To add to the leadership team growth, Prentiss Taylor MD, FACP has been appointed to Vice President for Medical Affairs. As a Doctor On Demand clinician for over four years, Dr. Taylor brings a breadth of knowledge and expertise to the clinical leadership team, where he will focus on driving clinical innovation through new products and partnerships. He is a graduate of Harvard Medical School, Kellogg Business School, and is a Fellow of the American College of Physicians.

Additionally, Chief Marketing Officer Jennifer Nuckles has been accepted to WBL (Women Business Leaders of the US Health Care Industry Foundation), a national non-profit organization of senior executive women across the healthcare industry.

Doctor On Demand is a nationwide healthcare service that provides video visits with board-certified physicians, psychiatrists and licensed psychologists via smartphones, tablets, and desktop computers. Patients download the Doctor On Demand app or visit www.doctorondemand.com, provide a list of their symptoms, and are connected for a video visit within minutes. To access Doctor On Demand, download the app (iTunes or Google Play) or visit www.doctorondemand.com.