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Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion

December 21, 2015 by · Leave a Comment 

Japanese electronics maker Panasonic Corp is set to buy U.S. refrigeration firm Hussmann for over 186.6 billion yen ($1.5 billion) in a deal it says will leverage its technology and help it break into the U.S. food distribution industry. Panasonic, like several domestic peers, has been moving away from unprofitable smartphones and plasma television sets, focusing instead on higher margin products, such as high-end cold storage, …

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Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion

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Alibaba names new head of anti-counterfeiting, IP unit

December 21, 2015 by · Leave a Comment 

(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided

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Alibaba names new head of anti-counterfeiting, IP unit

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Alibaba names new head of anti-counterfeiting, IP unit

December 21, 2015 by · Leave a Comment 

(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided being named on a U.S. blacklist for sites hosting the sale of fake goods. Alibaba's Taobao Marketplace and Alibaba.com were both previously on the piracy blacklist, which highlights markets

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Alibaba names new head of anti-counterfeiting, IP unit