Jonas Samuelson, currently Chief Financial Officer (CFO) of Munters AB (STO:MTRS), has accepted an offer to take up the position as CFO for Electrolux. The transition will take place before end of 2008. The recruitment of his successor is in progress.
Jonas joined Munters in 2005, and his role has been of great importance in [...]

Hexagon (STO:HEXAB) announces the inauguration of a new assembly and manufacturing facility in Noida, India. In the following weeks Hexagon will start the delivery of locally assembled coordinate measuring machines to Indian customers. The facility will gradually cover the full range of metrology products including articulated arms.
Hexagon’s subsidiary Hexagon Metrology India is a leading [...]

Tilgin (STO:TILG), a leading provider of customer premises equipment solutions for multi-play and next-generation broadband services, has won an order of its IPTV technology from the broadband subsidiary of one of the largest and most influential multi-utility companies in Denmark.
The order value of this initial order is approx 0.5 million USD. Tilgin will be [...]

Autoliv Inc. (NYSE: ALV), the worldwide leader in automotive safety, has agreed to acquire the automotive radar sensors business of Tyco Electronics Ltd. (NYSE: TEL) for US$42 million.
Considered one of the market-leading suppliers of automotive radar sensors in the world, the business that Autoliv intends to acquire, is a “carve-out” of the Radio Frequency [...]

Autoliv Inc. (NYSE:ALV) (STO:ALIV), the worldwide leader in automotive safety, has appointed Mr. Günter Brenner President of Autoliv Europe and Executive Vice President. He is currently Vice President & General Manager, Global Occupant Safety Systems of TRW. He succeeds Mr. Benoît Marsaud, age 56, who will leave Autoliv to pursue other options. Consequently, Mr. Marsaud [...]

Cybercom (STO:CYBE) won an order with a new customer in the Middle East for a network audit of the customer’s GSM network in Syria.
“We are very happy about the confidence the operator has in us,” says Conny Karlsson, head of Cybercom’s operation in the Middle East. “The order for this project is strategically important [...]

Aspiro (STO:ASP) has signed a binding agreement with Opplysningen 1881 for the sale of its search services as of 1 November 2008. The purchase price is 170 SEK m cash (145 NOK m).
Net sales in Aspiro’s search services were some 60 SEK m in 2007. For the same period, earnings net of direct expenses [...]

TeliaSonera’s (Nasdaq:TLSN)(LSE:TEE)(HEX:TLS1V)(STO:TLSN) Board of Directors confirms that there have been discussions with France Telecom regarding the terms of the non-binding, indicative offer presented on 5 June, 2008. As the terms and conditions have not been significantly improved, the Board of TeliaSonera maintains its view that the proposal substantially undervalues the company.
“TeliaSonera is a strong [...]

Cybercom and National Procurement Ltd. (SKI), Denmark’s procurement company for state and local operations, signed a contract that covers consulting services for project management and system development and administration. This two-year master contract has an extension clause.
”The SKI contract is aligned with our focus on growth within the public sector,” says Patrik Boman, president [...]

Dutch operator KPN International’s recent launch of its ‘Simyo’ brand on the Spanish market has exceeded all expectations. Spain is the fourth country where KPN launches ‘Simyo’, following the success in Belgium, Germany and the Netherlands, but the first market where KPN acts as a true MVNO (Mobile Virtual Network Operator).
KPN co-operates with Simfonics, [...]