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Further Expansion of Business Area Technology & Services: Exyte intends to take over the pure media specialist Intega

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  • Exyte CEO Dr. Büchele: “With the acquisition of Intega, we are strengthening our vertical integration further.”
  • Intega covers the entire spectrum from engineering to project execution
  • Continued growth in target industries such as semiconductors, life sciences and pharmaceuticals

STUTTGART, Germany, Aug. 9, 2023 /PRNewswire/ — Exyte, a leading company in the design, engineering, and delivery of high-tech facilities, intends to acquire Intega GmbH, a specialist in high-purity media supply systems. Corresponding agreements were signed by Exyte and private investment company Nimbus, the current owner of Intega. Intega develops, plans, and implements high-purity media supply systems. The company’s systems provide gas, water, and other chemicals for semiconductor manufacturing facilities and other advanced technology production facilities. Based in Munich, Germany, Intega employs around 300 people. The company currently achieves a sales level of around 60 million euros. The transaction is subject to the necessary approvals by anti-trust authorities. Both parties have agreed not to disclose the purchase price.

 

Intega was founded in 1946 and is now active at seven locations in Germany, Austria, and Switzerland. Intega’s customers are international market and technology leaders from the semiconductor, automotive, chemical, and pharmaceutical industries. With the acquisition of Intega, Exyte advances its strategy of vertical integration. This foresees strengthening the business in the area of mission-critical equipment and installation services. Founded in 2021, Exyte’s business area Technology & Services (T&S) consists of companies that provide cleanroom technology, mission critical sub-systems and installation services. Intega perfectly complements Exyte’s existing portfolio.

Further growth of equipment and installation services

“With the acquisition of Intega, we are strengthening our vertical integration. Intega’s offerings and regional presence flawlessly complement our business area Technology & Services. This is the next strategic step in growing our competence in the area of critical sub-systems for advanced technology facilities, especially for the semiconductor industry. In addition, Intega will form the core of our European service activities. As a result, the combination of Exyte and Intega will create new growth drivers that will ultimately be advantageous for our clients,” says Exyte CEO Dr. Wolfgang Büchele.

“With Exyte, Intega is gaining a strategic owner who will accompany and promote our long-term development. Both companies, at different levels of the value chain, have been working together successfully for decades. Exyte is the perfect partner for Intega’s expansion in the DACH region and globally, its continued growth, and for the further strengthening and executing of its strategy. Both existing and new customers as well as our employees will benefit from the combined forces of Exyte and Intega,” says Paul Metten, CEO of Intega.

“Since our acquisition of Intega in 2018, we have strategically developed the company successfully and managed to realize a strong growth trajectory on a stand-alone basis, both in terms of revenue and profitability. During this time, Intega, together with Nimbus, has significantly expanded its market position through innovations and excellent customer orientation. We are convinced that Exyte is the perfect partner to realize the next growth phase,” emphasizes Henning Andresen, Managing Partner at Nimbus.

Acquisitions as part of the “Next Level” future agenda

Exyte is currently successfully pursuing its “Pathway to Ten”, the goal of achieving sales of ten billion euros by 2027. To this end, the company has defined the future agenda “Next Level”. Sales are expected to further increase in all business segments, including strategic acquisitions.

The agreement to acquire Intega is the third acquisition to strengthen Exyte’s Technology & Services business area, following the acquisition of the US companies Critical Process Systems Group (CPS) in 2021 and Airgard, Inc. last year. With these acquisitions, Exyte enlarged the portfolio of T&S by chemical and gas delivery systems as well as exhaust gas management, among others, for industries like semiconductors and life sciences.

In 2022 T&S almost doubled its sales with €775 million (2021: €427 million), which was around 10 percent of the group’s total sales. The strong growth path is also reflected in an order intake of 1.1 billion euros in 2022. In the mid-term, the business area Technology & Services is expected to continue its strong growth path organically and through further bolt-on acquisitions.

About Exyte

Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of turnkey solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2022, the company generated sales of €7.4 billion with around 9,000 employees worldwide. www.exyte.net

About Intega

Intega is a specialist in the development, manufacturing, installation, commissioning, and service of high purity media technologies. The company’s products include gas supply systems, chemical supply- and water systems that meet the high purity and safety critical requirements of their respective end markets. Intega serves primarily the semiconductor industry but is also active in the pharma industry and several high-tech markets. The company’s know-how of the semiconductor production process enables the diversification into the production of customized equipment for process tool makers (OEMs). Products in this segment comprise primarily customized gas line or cooling assemblies for application in process machines and gas boxes which control the distribution of gas/air into these machines.

Being run out of Munich, Germany, the company employs dedicated people across locations in Germany, Austria, and Switzerland. A significant number of employees is based permanently on selected customer sites (On Site). (Inter-)national OEM Business Development, developing strong On Sites, win & execute new Equipment & Installation projects and establish new fields of business for serving modern society are key pillars of its future. www.intega.com

About Nimbus

Nimbus is a private investment company that has been operating for over 20 years, with offices in the Netherlands (Zeist), Germany (Munich) and United Kingdom (Leeds). Since 1999, Nimbus has invested in over 100 mostly industrial companies that are at crossroads in their development requiring both capital and management support to reach the next stage in the development of the company. Nimbus has a practical attitude and a true hands-on approach to investing and employs a team of professionals that devote most of their time helping our current over 30 portfolio companies improve their business. www.nimbus.com 

Contacts
René Ziegler Vice President Corporate Communications and Investor Relations
& Investor Relations
+49 711 88044606
+49 172 5838786
[email protected] 
www.exyte.net

Photo – https://mma.prnewswire.com/media/2167203/Exyte_1.jpg
Photo – https://mma.prnewswire.com/media/2167204/Exyte_2.jpg
Logo – https://mma.prnewswire.com/media/2167202/Exyte_Logo.jpg

 

Products of Intega include predominantly gas supply systems, but also chemical supply and drain & water systems (copyright Intega)

 

Exyte Logo

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/further-expansion-of-business-area-technology–services-exyte-intends-to-take-over-the-pure-media-specialist-intega-301894965.html

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Blockchain Press Releases

MetaComp and Bosera Strengthen Collaboration to Promote Bosera Cryptocurrency ETFs Among Global Investors

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SINGAPORE, May 8, 2024 /PRNewswire/ — MetaComp Pte Ltd and its subsidiaries (collectively referred to as “MetaComp”) and Bosera Fund Management (International) Co., Ltd. (“Bosera International”) strengthened their collaboration to introduce the eagerly awaited Bosera cryptocurrency ETF to investors worldwide.

Bosera International and HashKey Capital Limited have jointly launched the Bosera HashKey Bitcoin ETF (3008.HK) and the Bosera HashKey Ethereum ETF (3009.HK), both of which began trading on 30 April 2024 on the Hong Kong Stock Exchange. These highly anticipated products have attracted significant attention from international regulators and the global investment community since their announcement, marking a pivotal step in providing investors with regulated, diversified access to the burgeoning digital asset markets.

MetaComp, a leading Singapore fintech company licensed by the Monetary Authority of Singapore (MAS) and specializing in blockchain technology and digital assets, is proud to establish this strategic cooperation with Bosera International to jointly promote innovative financial products on a global scale. Leveraging its proprietary Client Assets Management Platform, CAMP by MetaComp, as well as its deep technical and market expertise, MetaComp and its affiliate will spearhead the promotion of Bosera International’s cryptocurrency spot ETF to investors in Singapore and beyond. This collaboration underscores MetaComp’s commitment to advancing financial innovation within the framework of relevant regulations while delivering exceptional value to the global investment community.

In addition to introducing the cryptocurrency ETF, both parties plan to explore the seamless integration of Bosera International’s asset management solutions into MetaComp’s CAMP platform. This integration will empower investors with a comprehensive suite of financial tools. Furthermore, MetaComp aims to extend its digital payment token services to Bosera International, enhancing the latter’s digital asset management capabilities. Together, this collaboration will provide investors with a more holistic and streamlined financial experience, combining the strengths of both companies to deliver innovative, high-quality asset management solutions globally.

Dr. Bai Bo, Chairman and Co-founder of MetaComp, stated: “We are thrilled to deepen our partnership with Bosera International, as we jointly launch a series of innovative solutions in both traditional and cryptocurrency finance. MetaComp is dedicated to serving as a bridge between traditional and cryptocurrency finance, offering our clients secure, compliant, and innovative financial solutions that meet the evolving needs of today’s investors.”

For more details about this cooperation and to stay updated on future developments, please visit https://www.mce.sg/

About MetaComp Pte Ltd (www.mce.sg

MetaComp is a leading Singapore-based digital asset platform that is licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an integrated end-to-end suite of services to its clients, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company, Metaverse Green Exchange Pte. Ltd (a MAS-licensed CMS holder permitted to carry out, inter alia, brokerage and custody services), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.

Logo – https://mma.prnewswire.com/media/2389449/METACOMP_Main_Logo_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/metacomp-and-bosera-strengthen-collaboration-to-promote-bosera-cryptocurrency-etfs-among-global-investors-302139070.html

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Blockchain

Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days

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In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.

The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.

As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.

Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.

Source: cryptodaily.co.uk

The post Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days appeared first on HIPTHER Alerts.

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Blockchain

Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’

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Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.

EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.

One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.

In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.

Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.

Source: coindesk.com

The post Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’ appeared first on HIPTHER Alerts.

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