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Shareholder Increases Interest in Baylin Technologies

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TORONTO, June 24, 2026 /CNW/ – Mr. Jeffrey C. Royer, Chairman of the Board of Baylin Technologies Inc. (the “Company”), announced that 2385796 Ontario Inc. (“238”) has entered into agreements to acquire an aggregate of an additional 17,139,616 common shares (“Common Shares”) in the Company.

On June 24, 2026, 238 entered into an exchange agreement with the Company pursuant to which the Company has agreed to exchange all of its $3,950,000 outstanding 10% Cumulative Redeemable Retractable Series A and Series B Preferred Shares held by 238, together with accrued and unpaid dividends thereon in the amount of $594,297.41, for an aggregate of 16,171,876 Common Shares, issued on a private placement basis at $0.281 per Common Share, plus a cash payment of approximately $0.25 in lieu of fractional shares (the “Exchange Transaction”).

Separately, also on June 24, 2026, 238 entered into a private agreement with a third party to acquire an additional 967,740 Common Shares at a price of $0.335 per Common Share (the “Private Agreement Transaction” and, together with the Exchange Transaction, the “Transactions”).

The aggregate 17,139,616 Common Shares acquired by 238 pursuant to the Transactions represent approximately 6.94% of the 246,933,341 Common Shares outstanding before giving effect to the Transactions.

Prior to giving effect to the Transactions, Mr. Royer exercised control and direction over approximately 50.3% of the outstanding Common Shares. After giving effect to the Transactions, 238 will hold an aggregate 135,896,242 Common Shares, representing approximately 51.7% of the 263,105,217 Common Shares that will be outstanding after giving effect to the Exchange Transaction. An Associate of Mr. Royer holds an additional 5,496,900 Common Shares. Mr. Royer exercises exclusive control and direction over the Common Shares held by 238 and by the Associate. Together, after giving effect to the Transactions, the Associate and 238 hold an aggregate of 141,393,142 Common Shares, representing approximately 53.7% of the Common Shares outstanding.

The Common Shares are being acquired for investment purposes. Mr. Royer may direct the purchase of additional Common Shares or other securities of the Company or direct the sale of Common Shares or other securities of the Company, in each case, based on market and other conditions or other circumstances.

A copy of the early warning report required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues incorporating this and other information will be available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and by contacting Kelly Myles, Marketing and Communications Director at the Company, at Kelly.myles@baylintech.com.

SOURCE Baylin Technologies Inc.

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Sungrow Unveils PowerStack 255CS Series for C&l: Stable, Seamless, Sustainable

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MUNICH, June 25, 2026 /PRNewswire/ — Sungrow, the globally leading PV inverter and energy storage system provider, launched its C&I PowerStack On&Off-Grid Solar-Storage solution at Intersolar Europe.

As electricity prices rise and grid reliability becomes an increasing concern worldwide, businesses are looking for solutions that can ensure continuous power supply while supporting their decarbonization goals. Sungrow’s C&I PowerStack On&Off-Grid Solar-Storage solution is designed to meet these needs through flexible system configuration and multi-scenario adaptability, delivering stable and efficient power support for commercial and industrial users. The solution also supports multiple operation modes, including VPP, demand control, VSG, backup power, seamless switching, and black start, enabling strong adaptability across diverse grid conditions and operational requirements.

Two Architectures for Different Customer Needs

-DC-Coupled: Native All-in-One Seamless Backup

The DC-coupled solution combines the SH125CX hybrid inverter with the ST245CS-S energy storage system. Solar, battery storage, and diesel generation operate as one integrated energy system, enabling seamless transitions between grid-connected and off-grid operation.

For facilities with power demands of up to 250 kW, the solution eliminates the need for an additional automatic transfer switch (ATS) cabinet, reducing upfront investment and simplifying system design. Solar energy can also charge the battery directly, improving overall system efficiency and maximizing renewable energy utilization.

-AC-Coupled: Independent & Flexible Seamless Backup

Combining the SG series PV inverter with ST255CS storage and ATS1250, the system seamlessly takes over loads on grid failure; during extended outages, the diesel generator can be commanded to start and synchronize smoothly. The storage system integrates with existing PV systems through plug-and-play installation, requiring no modifications and keeping retrofit costs low.

New facilities benefit most from DC-coupled architecture for its superior cost-efficiency and existing facilities are best served by AC-coupled architecture for its minimal retrofit investment. The optimal solution depends on each customer’s energy requirements and infrastructure.

Full Scenario Coverage Across C&I Applications

The solution is designed for wide-ranging applications, covering on-grid, on&off-grid, and off-grid scenarios. It supports deployment in commercial buildings such as retail shops and offices, as well as agriculture facilities, logistics hubs, and island resort standalone power systems.

Its versatility has been demonstrated in diverse real-world scenarios, from a fully off-grid sawmill in South Australia to weak-grid applications in Cambodia. Across different infrastructure environments, Sungrow’s solution helps customers maintain critical power, reduce diesel reliance and build more sustainable operations.

Delivering Tangible Customer Value

Power stability: seamless on&off-grid switching with MW-level black-start capability for reliable and continuous operationFull application coverage: scalable from a single unit to multi-cabinet systems, serving C&I buildings, islands, agriculture, logistics, and resortsHigh return: reduce peak demand charges, optimize self-consumption and reduce diesel usageUltimate convenience: simple O&M and real-time management via iSolarCloud, ensuring smooth operation even in remote areasCell-to-plant security: proactive risk early warning, three-tier overcurrent protection, three-tier fire suppression, and greater peace of mind

As the global energy transition accelerates, On&Off-Grid Solar-Storage is shifting from “nice-to-have” to “must-have.” Sungrow remains committed to delivering innovative clean energy solutions, empowering customers worldwide with stable, secure, and convenient green power.

CONTACT:
Luly Wang
luly.wang@sungrow-hq.com
+86 15618330862

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enParadigm Helps Hospitality Enterprise Save ₹6.5 Crore Through Its AI-Led Hiring Platform

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The company’s simulation-led AI evaluation platform assessed 6,000+ candidates, reclaimed 18,000 management hours, cut hiring timelines by 75%, and delivered 87% alignment with expert hiring decisions. 

MUMBAI, India, June 25, 2026 /PRNewswire/ — enParadigm, an AI-driven talent solutions company, has helped one of India’s leading luxury hospitality enterprises significantly transform its hiring operations by deploying its Interview AI platform. Implemented as part of the hospitality group’s aggressive expansion plans to open a new hotel every 4 days, the solution lowered hiring-related costs by an estimated ₹6.5 crore annually, reduced recruitment timelines from eight months to two months, reclaimed nearly 18,000 management hours, and enabled the assessment of more than 6,000 candidates across geographies. 

As hiring volumes increased across management trainee and hotel operations programmes to support the group’s rapid expansion plans, the organisation faced growing interviewer dependency, inconsistent evaluation standards across locations, and prolonged recruitment cycles. To address these challenges, enParadigm deployed its simulation-led Interview AI platform, combining conversational AI, situational judgment assessments, and structured evaluation frameworks to assess communication, decision-making, judgment, and role readiness at scale. 

The implementation contributed to more than 500 successful hires aligned with the organisation’s operational and service standards. AI-generated recommendations also demonstrated 87% alignment with expert hiring panel decisions, reinforcing confidence in the platform’s ability to deliver evaluation precision and role-fit consistency at scale. 

enParadigm’s internal deployment of Interview AI across 14 campuses has already reduced hiring effort by more than 3,000 hours in the first five months of 2026, demonstrating the platform’s impact within its own talent acquisition process. 

“For decades, organisations have relied on interviews to evaluate talent, despite the challenges of subjectivity and inconsistency. At enParadigm, we have combined our expertise in simulations, behavioural science, and conversational AI to help organisations make better hiring decisions at scale. The outcomes achieved in this deployment demonstrate that AI can move beyond process automation to become a strategic enabler of talent acquisition,” said John Cherian, Founder and CEO, enParadigm. 

Building on its expertise in simulations and behavioural assessment, enParadigm is working with organisations across sectors, including banking, insurance, manufacturing, sales, and marketing, to deploy AI-powered evaluation systems for hiring and workforce assessment. The company is also extending simulation-led AI capabilities into succession planning, leadership development, and executive readiness initiatives. 

About enParadigm: 

enParadigm is an immersive AI talent solutions company that helps organisations assess, develop, and build work-ready talent through real-world simulations. Through Catalyx, its AI-powered platform, enParadigm enables enterprises to create tailored simulation experiences across the hire-to-grow talent lifecycle, from hiring and talent assessment to learning, coaching, and leadership development. The platform also provides benchmarks and skill-shift analytics to help organisations gain a more objective view of talent capability. 

enParadigm has received multiple industry recognitions across learning, talent, and training technology, including honours from Brandon Hall Group, Training Industry, and other global industry bodies. The company has worked with 1,000+ organisations worldwide, supporting talent development, readiness, and leadership growth across levels and functions. 

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Digital Health Market Size to Reach USD 1,830.4 Billion by 2033, Driven by Rising Adoption of Telehealth, mHealth, AI-Based Solutions, and Connected Healthcare Technologies: Grand View Research, Inc.

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SAN FRANCISCO, June 24, 2026 /PRNewswire/ — The global digital health market is expected to witness significant expansion over the coming years, with the market size estimated at USD 347.4 billion in 2025 and projected to reach USD 1,830.4 billion by 2033, registering a compound annual growth rate (CAGR) of 23.4% from 2026 to 2033, according to a new report published by Grand View Research, Inc.

The rapid transformation of healthcare delivery systems, increasing integration of digital technologies across clinical workflows, growing demand for remote healthcare services, and rising adoption of patient-centric care models are accelerating the global digital health ecosystem. Healthcare organizations, technology providers, and governments worldwide are investing in digital infrastructure to improve accessibility, efficiency, and quality of healthcare services.

Digital Transformation Reshaping the Global Healthcare Landscape

Digital health technologies are becoming a critical component of modern healthcare systems by enabling connected care, real-time health monitoring, virtual consultations, electronic health records, and data-driven decision-making. The increasing prevalence of chronic diseases, shortage of healthcare professionals, rising healthcare expenditure, and growing preference for convenient healthcare solutions are contributing significantly to market growth.

The expansion of smartphones, improved internet connectivity, advancements in healthcare IT infrastructure, and increasing investments in healthcare technology are supporting the adoption of digital health platforms globally. Remote patient monitoring solutions, telehealth services, and mobile health applications are becoming increasingly important tools for healthcare providers and patients seeking continuous access to medical services.

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Telehealth and mHealth Technologies Drive Market Growth

Based on technology, the tele-healthcare segment dominated the digital health market with a 44.7% revenue share in 2025, supported by increasing adoption of virtual healthcare services, expanding internet accessibility, rising smartphone penetration, and growing demand for remote consultations.

The rapid evolution of telehealth platforms has enabled healthcare providers to deliver consultations, monitoring services, and follow-up care beyond traditional clinical settings. Increasing healthcare costs and the need to improve healthcare accessibility in underserved regions are further encouraging the adoption of digital care models.

The mHealth segment is also gaining momentum as consumers increasingly use smartphones and wearable technologies to monitor health metrics, manage chronic conditions, and access personalized healthcare solutions. Continuous improvements in mobile connectivity and digital awareness are expected to support the growth of mobile-based healthcare services.

Software Segment Leads Digital Health Market Expansion

By component, the software segment accounted for the largest revenue share of 45.7% in 2025. The segment growth is attributed to increasing adoption of healthcare software platforms among patients, healthcare providers, payers, and medical institutions.

Healthcare organizations are increasingly implementing advanced software solutions, including electronic health records (EHR), healthcare analytics platforms, digital therapeutics solutions, and clinical management systems to improve operational efficiency and patient outcomes.

The integration of artificial intelligence (AI), machine learning, and advanced analytics is further transforming healthcare decision-making by enabling predictive insights, improved diagnostics, and personalized treatment approaches.

Rising Chronic Disease Burden Accelerates Digital Health Adoption

The growing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer is creating increased demand for digital healthcare solutions that support continuous monitoring and disease management.

The diabetes application segment dominated the market with a share of over 25% in 2025, driven by the rising need for glucose monitoring solutions, digital disease management platforms, wearable devices, and remote patient monitoring technologies.

Digital health platforms are helping patients actively participate in their healthcare journey by providing access to health information, enabling medication adherence tracking, and allowing healthcare professionals to monitor patient conditions remotely.

Patient-Centric Healthcare Models Fuel Market Opportunities

The patient segment held the largest share of over 35% in 2025 and is expected to experience strong growth during the forecast period. The increasing focus on personalized healthcare, self-management tools, and improved patient engagement is driving adoption across this segment.

Digital health solutions empower patients through mobile applications, wearable devices, virtual care platforms, and connected medical technologies that support preventive healthcare and proactive disease management.

Healthcare providers are also increasingly adopting digital solutions to enhance clinical efficiency, streamline workflows, and deliver personalized treatment strategies.

North America Maintains Market Leadership While Asia Pacific Shows Strong Growth Potential

North America dominated the global digital health market in 2025, accounting for a 37.1% revenue share, supported by advanced healthcare infrastructure, high healthcare IT spending, favorable government initiatives, and strong adoption of emerging technologies.

The region continues to witness significant investments from healthcare technology companies, startups, and healthcare providers focused on developing innovative digital solutions.

Meanwhile, Asia Pacific is expected to experience considerable growth during the forecast period due to increasing smartphone adoption, improving healthcare infrastructure, rising digital literacy, and government initiatives supporting healthcare digitalization.

Browse more Research Reports in Healthcare IT Industry

Growing Investments and Strategic Developments Strengthen Competitive Landscape

The digital health industry is witnessing increasing investments, partnerships, and technological advancements as companies focus on expanding their digital healthcare offerings. Key industry participants are developing solutions across telehealth, healthcare analytics, wearable technologies, remote monitoring, and connected healthcare platforms.

Prominent companies operating in the digital health market include Oracle Cerner, Veradigm, Apple Inc., Telefonica S.A., McKesson Corp., Epic Systems Corp., Google Inc., Samsung Electronics Co. Ltd., IBM Corp., and CISCO Systems, Inc., among others.

Recent industry developments highlight the growing focus on artificial intelligence integration, digital care delivery models, and technology-enabled healthcare solutions. These advancements are expected to create new opportunities for market participants while improving healthcare accessibility worldwide.

Digital Health Market Outlook

The global digital health market is entering a transformative phase as healthcare systems increasingly adopt technology-driven approaches to improve patient outcomes and operational efficiency. The combination of advanced connectivity, AI-powered healthcare solutions, increasing healthcare investments, and growing demand for remote care is expected to accelerate market expansion through 2033.

According to Grand View Research, the digital health market is positioned for substantial growth, reaching USD 1,830.4 billion by 2033, reflecting the continued evolution toward connected, accessible, and personalized healthcare ecosystems worldwide.

To learn more about growth opportunities in the Digital Health Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Browse GVR’s U.S. Healthcare Facility Mapping & Intelligence Platform

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Grand View Research, Inc.
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