Rieter integrating DNA-markers from Haelixa in spinning systems
Kemptthal/Winterthur - Haelixa and Rieter are joining forces. Together, the developer of a DNA-based solution for labeling and tracing textiles and the manufacturer of textile machinery are launching an innovative concept for marking fibers in yarn production.
Christian Zehnder named CEO of Airport Mollis
Mollis - The business promotion executive Christian Zehnder is leaving his role of Head of Location Promotion for the canton of Glarus to become the new CEO of Airport Mollis AG. His future remit will include attracting new aviation companies to base themselves at the airport.
Swiss innovation funding – The top five questions and answers
Etihad Airways using virtual assistant from Spitch
Abu Dhabi/Zurich - Etihad Airways is deploying a new development from the Swiss start-up Spitch. This is based on Artificial Intelligence and provides passengers with COVID-19 travel information. In so doing, it helps to ease the burden on customer support centers operated by airlines.
Dätwyler acquires US firm QSR
Altdorf/Pepper Pike - Dätwyler has signed an agreement for the takeover of the North American company QSR. With this acquisition, the supplier of high-quality seals and system-critical components is seeking to become a global market leader.
University of Applied Sciences of Graubünden supports Lab-42
Chur/Zug/Davos – The Mindfire Foundation’s Lab-42 plans to become the world’s largest artificial intelligence laboratory. Now the University of Applied Sciences of Graubünden has become its academic partner. It plans to bring to the table its competences in machine learning, data and robotics, for example.
Danone merges Swiss units in the Greater Zurich Area
Zurich - Danone is combining its three Swiss units as well as its Alpro business in Zurich. This will create one of Switzerland’s largest companies for fast-moving consumer goods. The food retail giant sees this as recognition of Switzerland as a location. It is backing sustainability in its growth.
Climeworks strengthens equity position by 600 million Swiss francs
Zurich - Leading investors worldwide have supported the further growth of Climeworks. The company specializing in the direct air capture and storage of carbon dioxide has raised 600 million francs in a new equity round.
Algorithm for business valuations
Basel/Zurich - Nimbo and CFM partners have together launched a digital business valuation tool. It has been specially designed for asset managers and is based on an algorithm that evaluates answers to 20 questions.
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