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SourceCode™ Expands Global AI Presence with Acquisition of Boston Limited

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SourceCode a Cerberus Company also Announces New Board Appointments for the New Era of Co-Designed AI-Enabled Infrastructure
NORWOOD, Mass., June 26, 2023 /PRNewswire/ — SourceCode, a pioneer of co-designed, custom, certified IT systems for next generation AI infrastructure spanning the cloud, datacenter and edge, today announced that it has agreed to acquire UK-EU-based Boston Limited, a leading provider of high-performance server and storage solutions for the significant growth in business around data, media, and AI as well as traditional IT workloads. SourceCode is a portfolio company of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. The transaction is expected to close on June 30, 2023. 
With a combined presence across four continents, the synergistic addition of Boston Limited will create a global powerhouse able to serve local and global customers with a rich set of device-to-datacenter-to-cloud offerings.
Arthur Ataie, SourceCode CEO, said: “As the world moves towards intelligent infrastructure, the modern enterprise with its burgeoning specialized workloads demands a new approach to IT solutions. The addition of Boston Limited, further enables us to address the industry’s need for a new class of technology partner, one that delivers customer-first, engineering-led, best-in-class solutions — from intelligent edge devices to data centers and the cloud.”
With an increase in size, scope, and strength, SourceCode is also strengthening its collaboration with its long-term trusted partners in the semiconductor, original device manufacturers (ODM), and software industries. This will allow SourceCode to better serve the needs of its clients—with a broader product portfolio, stronger supply chain, and worldwide reach.
“I am very happy to see two of our oldest friends join hands to make a bigger group that can leverage the systems we design and manufacture at Supermicro. Our facilities are well known to both SourceCode and Boston and I feel this is a strong move that will provide benefits to all of us and the industry,” commented Charles Liang, Founder and CEO of Super Micro Computer Inc.
Boston Limited original founders, Manoj Nayee and Dev Tyagi, will continue in the combined company.
“It seems like a homecoming!” said Manoj Nayee, Managing Director and co-founder of Boston Limited. “Boston and SourceCode were both founded in 1992 and share a proud heritage, a customer-first culture, and excellent reputation with leading organizations across four continents. As we serve more global customers with a richer set of customized solutions, the time is right to join forces with SourceCode. We are entering this next phase with a clear strategy, unrelenting support, and long-term commitment to work towards accelerated growth with the executive teams at SourceCode and Cerberus Capital Management.”
SourceCode will accelerate its already substantial focus on delivering co-designed and customized computing solutions for emerging needs such as generative artificial intelligence, intelligent edge compute, and high-performance computing, offering solutions for edge devices to datacenter and large-scale systems.
Michael Sanford, Global Head of Private Equity at Cerberus, added: “SourceCode is a key player in enabling critically important technology infrastructures, which is an area of focus for Cerberus. This combination creates a global leader serving partners across industry verticals and governmental organizations.” Cerberus acquired SourceCode in 2021.
New Board Members
SourceCode also announced the appointment of two industry luminaries to its Board of Directors: Alain Andreolli, former president, and EVP of the Hybrid IT Group at HPE, and Peter Ungaro, former CEO of supercomputer leader Cray and subsequently SVP/GM of HPC & MCS at HPE.
Shaygan Kheradpir, Chairman of the SourceCode Board and Technology-Telecom team lead at Cerberus, commented: “Our advanced technology investments drive a clear vision towards a new era in global competitiveness and supply chains, with highly customized AI applications for enterprises and individuals that deliver immersive experiences via industrial strength 5G networks. In addition to this acquisition, I am delighted to welcome globally recognized industry leaders Alain and Peter to our Board. These appointments, alongside our combination with the talented team at Boston Limited, position SourceCode exceptionally well for the future.”
Alain F. Andreoli is a global CEO, board member, investor, and geopolitical visionary at Earth our Country, which he founded in 2019. He spent nearly eight years at HPE, most recently as President/EVP of the Hybrid IT Group, a $16 billion P&L core business of HPE including hybrid cloud, compute, storage, networking, HPC, and software. He was Chairman and CEO at Hubwoo, a public Euronext company, and President of European Operations at Sun Microsystems. Mr. Andreoli was also President and CEO at X-IO Technologies, and President and COO at NTT Japan/Verio.
Peter Ungaro is a globally recognized technology executive, among the “40 under 40” by Corporate Leader Magazine in 2008, and CEO of the Year in 2006 by Seattle Business Monthly. He was most recently SVP/GM of HPC & MCS at HPE, a key area of growth for the company. Previously, he was President and CEO for Cray. Prior to joining Cray in 2003, Mr. Ungaro served as Vice President of Worldwide Deep Computing Sales for IBM, where he led global sales of all IBM server and storage products for high performance computing, life sciences, digital media, and business intelligence markets.
About SourceCode
Founded in 1992, SourceCode is a global provider of co-designed, custom, certified IT systems for next generation intelligent infrastructure. The company’s edge devices, desktop, servers, storage, clusters, and reference architectures are available via its industry-leading ecommerce platform as well as its customer-centered engineering-led engagement model. Learn more at www.SourceCode.com.
About Boston Limited
Boston Limited has been synonymous with servers, storage, and solutions for 30 years, establishing itself as the early adopter of a wide variety of global technology partners and a leading global provider of tomorrow’s technology today. With offices in the UK, France, Germany, USA, South Africa, and Australia, Boston provides consulting and training services in Machine Learning, AI, Security, and Storage, across several different industries. Visit: www.boston.co.uk
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets under management across complementary credit, private equity, and real estate strategies. We invest across the capital structure where we believe our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.
CONTACT: Cindee [email protected] 
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HUAWEI Innovative Product Launch Unveils Next-Gen Wearables Experience and Seamless Productivity with Tablets

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BARCELONA, Spain, Sept. 20, 2024 /PRNewswire/ — On September 19, at the HUAWEI Innovative Product Launch event in Barcelona, Spain, Huawei Consumer Business Group (CBG) unveiled several highly anticipated products, with ‘Fashion Forward’ approach for wearables, including the HUAWEI WATCH GT 5 Series, HUAWEI WATCH D2 and HUAWEI WATCH Ultimate Green. The launch also announced the popular HUAWEI MatePad Pro 12.2-inch and HUAWEI MatePad 12 X tablets, together delivering a new generation of wearable experiences, and upgraded technologies for enhanced productivity and seamless connectivity with brand new tablets.

HUAWEI WATCH GT 5 Series: Leading the Fashion Edge
HUAWEI WATCH GT 5 Series is among the first Huawei smartwatches to introduce the HUAWEI TruSense System, an integrated health and fitness tracking feature that comes with an upgraded sensor and improved algorithms – producing results that are faster, more accurate, and more comprehensive.
Featuring the distinct Sharp-Edged Design and available in a total of 12 different models and in Pro or Standard edition, HUAWEI WATCH GT 5 series is design to lead the Fashion Edge, with the Pro edition made with aerospace grade titanium alloy and nanocrystal ceramic, bringing higher levels of durability.
With the HUAWEI TruSense System, it enables Huawei’s brand new Emotional Wellbeing Assistant, achieving an upgrade in health management to include not just physiological but also psychological management.
The new smartwatch brings new Pro-Level sports features. For golfers and divers, HUAWEI WATCH GT 5 Pro brings Golf Course mode with the inclusion of over 15,000 global golf courses maps as well as Free Diving mode, offering a more comprehensive on-wrist tracker for their sports activities. HUAWEI WATCH GT 5 Pro also comes professional features for Trail Run, such as support for segmentation navigation function, as well as a 10-metre contour map.
The smartwatch offers exceptional battery life, with up to 14 days of usage on the HUAWEI WATCH GT 5 46mm and GT 5 Pro 46mm, and up to 7 days on the HUAWEI WATCH GT 5 41mm and GT 5 Pro 42mm.
HUAWEI Wearable Product Ambassadors: Pamela Reif and Sir Mo Farah
HUAWEI Wearable Product Ambassadors Sir Mo Farah and Pamela Reif made an appearance, with Sir Mo Farah sharing his expertise on running and advanced sports techniques, while Pamela Reif focused on watch design and app courses, showcasing the ‘Light Up Your Rings’ experience.
Pamela Reif expressed her admiration for the new watch stating: “The HUAWEI Watch GT 5 Pro is more than a smartwatch; it’s a style icon that really gives me a Fashion Edge. In addition, Huawei has made some really impressive enhancements to the activity tracking. Join me and Light Up Your Rings every day!”
Sir Mo Farah echoed the sentiment, adding: ” As a runner I care about small details to give me a competitive edge; the enhanced Sunflower GNSS is an absolute gamechanger, while the all new Running Form analysis feature can give any runner insights into how to shave seconds off their personal best.”
HUAWEI WATCH D2: World’s First Smartwatch with Ambulatory Blood Pressure Monitoring Certified by NMPA and MDR
The launch of the HUAWEI WATCH D2 introduced a ground-breaking innovation as world’s first wrist-based, ambulatory blood pressure monitoring (ABPM) device to be certified by NMPA and MDR. This marks a significant step forward in wearable technology, embodying Huawei’s commitment to “Health Forward”.
The watch delivers 24-hour accurate blood pressure measurement, and features the HUAWEI TruSense System for faster and more accurate results.
In terms of blood pressure technology, Huawei already innovated for over nine years, having a long-term partnership with global hypertension experts, including Professor George S. Stergiou, President Elect International Society of Hypertension, and Professor Wang Jiguang, President of the Chinese Hypertension League and so on.
The HUAWEI WATCH D2 features a light and slim design, incorporating an ultra-narrow mechanical airbag and a 1.82-inch large screen. It is only about 1/5 the width and 1/25 the volume of traditional upper-arm electronic blood pressure monitors, making it easy to take blood pressure measurements no matter where you are.
In addition, with a single tap, users can measure up to 9 body indicators and generate a Health Glance report.
HUAWEI WATCH Ultimate green edition: Explore Without Limits
An update to last year’s release, HUAWEI WATCH Ultimate introduces the new Advanced Golf Course Features and the enhanced Expedition Mode, along with a new green edition that combines paradigm-shifting technologies and cutting-edge craftsmanship, embodying the “Adventure Forward” spirit and built for the adventurous at heart.
The new green edition brings an exclusive dual-colour nano-tech ceramic bezel, which requires a more complex manufacturing process to deliver a beautiful white-green colour duo to match the aesthetics.
The all-new advanced Golf Course Mode offers precise analytics and insights for enthusiasts, plays-like distance, shot distance, AI Caddie, and more. As long as a new expedition Route Import feature that integrates with the HUAWEI Health app, allowing users to import routes.
Huawei is dedicated to helping consumers cultivate healthy lifestyle and exercise habits through the global continuation of the “Light Up Your Rings” campaign. By leveraging the Activity Rings and Medal Rewards system, the campaign offers an engaging experience that helps individuals to live a healthier life.
In addition, Huawei’s wearables are always designed to be available for both Android and iOS smartphones, to make its latest health technology innovations and sports tracking features accessible to an even wider audience.
HUAWEI MatePad Pro 12.2-inch: Creation of Beauty
The newest flagship tablet, the HUAWEI MatePad Pro 12.2-inch, is designed to deliver the ultimate user experience focused on creativity and productivity.
Equipped with an innovative Tandem OLED PaperMatte Display, HUAWEI MatePad Pro 12.2-inch delivers an impressive maximum brightness of 2000nits for an authentic viewing experience. Advanced anti-sparkle and nanoscale anti-glare etching technologies ensure a premium, paper-like visual experience.
It comes with the HUAWEI Glide Keyboard, featuring a 2-in-1 stylus and keyboard storage and charging design.
To inspire creativity, the tablet’s GoPaint App offers a wide range of digital creation tools, including the ground-breaking Splatter brushes and Fluid brushes. The FangTian Painting Engine 2.0 supports 8K ultra-large canvas, providing professional-grade tools for artistic expression.
HUAWEI MatePad 12 X: Style Meets Creativity and Productivity
HUAWEI MatePad 12 X is a lightweight flagship model, designed for the younger generation. It boosts productivity, allowing trendsetting users to pursue their dreams while delivering an enjoyable experience.
The new tablet innovate Shimmery Pearlescent Sheen, resulting in a metallic white with colour-changing effects based on lighting. The all-metal device body with integrated seamless design making it stylish and durable.
HUAWEI MatePad 12 X PaperMatte Edition features an Ultra-bright PaperMatte Display, offering superior quality in viewing, writing, and touch, making it ideal for reading and creative work.
On September 19, 2024, Huawei officially launched the GoPaint Worldwide Creating Activity themed “Creative By Nature”. From the kickoff day to December 31, 2024, painting enthusiasts around the world can share their unique digital art works on HUAWEI Community platform.
HUAWEI Reaffirms Commitment to Innovation, Fashion, and Creativity
Alex Huang, Chief Marketing Officer of Huawei Consumer BG, emphasises the brand’s global impact and commitment to innovation. Highlighting Huawei’s commitment to blend cutting-edge technology, fashion, and creativity, into the products, seamlessly integrating them into consumers’ daily lives, the brand continues to inspire consumers through campaigns such as Light Up Your Rings initiative and GoPaint Worldwide Creating Activity.
“We aim to bring innovative products that offer consumers a unique blend of fashion and creativity,” said Alex. “By inspiring our users, Huawei strives to create a more connected and heartwarming world where technology enhances daily living and brings people closer together.”
For more information on the price and availability, please visit: https://consumer.huawei.com/en/wearables/ https://consumer.huawei.com/en/tablets/?ic_medium=hwdc&ic_source=corp_header_consumer 
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INGEEK Recognized in 2024 Gartner Market Guide for Fleet Telematics and 2024 China Hype Cycle for Security

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — INGEEK, a leading provider of innovative intelligent connected vehicle (ICV) technologies, and its Intelligent Connected System (ICS) and Automotive Digital Key have been featured in Gartner’s Market Guide for Fleet Telematics. This recognition highlights INGEEK’s capability to boost efficiency, ensure safety, and enable sustainability in fleet operations and management.

Revolutionizing Fleet Management with INGEEK ICS/Digital KeyINGEEK’s digital key solution establishes connection between the people and vehicle by digitalizing conventional car key into digital twin, which seamlessly integrates with the broader mobility ecosystem and diverse business scenarios.
Business Process Automation with online key sharing, such as contactless pick-up and return.Digital Key Management simplifies key management, reduces administrative overhead, and mitigates the risk of lost or stolen keys.Data Tracking provides insights to fleet performance and health.Enhanced Driver Satisfaction: Convenient features such as proximity lock/unlock provide a seamless driving experience.Securing Connected Vehicles with INGEEK’s Trust Center for AutomotivePreviously, AUGUST 6, INGEEK’s Trust Center was featured in Gartner’s Hype Cycle for Security’s IoT Authentication technology segment. With IoT connections in China projected to reach 8 billion by 2025, robust IoT authentication is critical to protect connected car business-use cases such as V2X communications, OTA, and Digital Key. The Trust Center leverages PKI to ensure top-tier security.
Remarks from Leadership”We’re proud to be recognized by Gartner, which is the global authority in providing industry technology advisory and insights to executives,” stated Steven Shan, CEO of INGEEK. “Our intelligent vehicle solutions prompt the next wave of smart mobility transformations, and this inclusion is a signal to how OEMs and automotive players are leveraging advanced digitalization technologies to connect the people and vehicle together.”
“Our Trust Center offers robust and scalable authentication mechanisms to safeguard connected vehicles against security threats,” added Feng Li, INGEEK’s Head of Cybersecurity BU.
“Gartner’s Market Guide coincides with our vision for a more connected, secure, and efficient mobility market,” continued William Yuan, Director of Strategy at INGEEK. “Our solutions are not just about technological advancements; they are strategic initiatives aimed at optimizing operations, reducing costs, and ultimately helping fleet operators to expand their mobility business offerings.”
For more information about INGEEK and its solutions, please visit www.ingeek.com Media Contact: Ms. Fang at [email protected] Germany Contact: Professor Sachs at [email protected] AP/EMEA Contact: Mr. Yuan at [email protected]
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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.
With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.
Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.
By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.
As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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