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Valmet has completed the acquisition of Severn Group, accelerating the growth of the Process Performance Solutions segment

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Valmet Oyj’s press release on July 1, 2026, at 1:30 p.m. EEST

ESPOO, Finland, July 1, 2026 /PRNewswire/ — Valmet has today completed the acquisition of Severn Group (“Severn”), a well-established industrial valve company specializing in severe service flow control solutions. The acquisition was announced on December 22, 2025, and it covers all three Severn divisions: Severn Glocon, ValvTechnologies, and LB Bentley. Severn’s capabilities and customer relationships strengthen Valmet’s Process Performance Solutions segment, which already accounts for close to half of Valmet’s profitability. The acquisition further accelerates growth beyond the company’s traditional core biomaterials business. 

“This is an important milestone in the execution of Valmet’s Lead the Way strategy, strengthening the Process Performance Solutions segment and expanding our Flow Control business. Severn strengthens our business in three ways: it adds a new addressable market in refining, energy and metals, it brings an installed base whose aftermarket potential we can unlock through Valmet’s lifecycle service model, and it expands our technology in severe service flow control,” says Thomas Hinnerskov, President and CEO of Valmet.

“We are proud to welcome around 950 new colleagues to Valmet, bringing valuable expertise and capabilities that help reinforce our position as a strategic partner delivering lasting customer value across the entire lifecycle.”

Severn will now be integrated into the Flow Control business area, further enhancing Valmet’s position as a leading provider of mission-critical valve and valve automation solutions across global process industries.

A leading flow control offering to support the global energy transition

The acquisition expands Valmet’s flow control portfolio and enhances its ability to support customers in the global energy transition. Combined with Severn’s strong expertise in the most demanding applications, Valmet’s Flow Control business area serves a broad customer base throughout the oil and gas value chain, as well as in chemicals, renewable energy, power generation, biomaterials, mining and metals, and subsea applications.

“Valmet’s existing valve solutions and the application know-how of the Severn businesses complement each other well, creating a truly unique offering for severe service flow control, which is especially critical for the energy segment. With our combined capabilities, we are well positioned to support our customers in ensuring the availability of energy and critical raw materials, while also advancing the transition toward more sustainable and resilient energy systems,” says Simo Sääskilahti, Executive Vice President, Flow Control business area at Valmet.

“Having established Severn as the world-class organisation it is today, we are pleased to pass ownership to the team at Valmet and wish them every success in the future. Valmet’s global reach and strong customer access provide an excellent platform to support Severn’s next phase of growth. This transition reflects our commitment to our energy-to-industrial strategy, and we have greatly valued working with the entire Severn team throughout this journey,” says Salil Oberoi, Partner, Bluewater.

Severn Group generated net sales of approximately EUR 215 million in 2025, with an EBITDA margin of approximately 16 percent. The transaction is valued at USD 480 million on a cash- and debt-free basis (approximately EUR 410 million calculated at the exchange rates at the time of the announcement in December 2025).

Further information, please contact:

Media: Simo Sääskilahti, Executive Vice President, Flow Control business area, Valmet, tel. +358 50 386 3234
Investors: Tapio Pesola, Senior Manager, Investor Relations, Valmet, tel. +358 10 672 0021

VALMET
Corporate Communications

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.

In 2025, Valmet’s net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet’s shares are listed on Nasdaq Helsinki.

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Best AI Video Generator Tools (2026): CapCut Recognized for Fast AI-Powered Video Creation by Software Experts

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NEW YORK, July 2, 2026 /PRNewswire/ — Software Experts has recognized CapCut in its Best AI Video Generator Tools review for fast AI-powered video creation, highlighting the platform’s role in helping creators, small businesses, educators, e-commerce sellers, and marketing teams move from idea to usable video with fewer production barriers.

Best AI Video Generator Tools

CapCut – an AI-powered photo and video editing platform that supports video generation, editing, captions, templates, audio, and visual tools across mobile, web, desktop, and iPad experiences.

The recognition comes as AI video generation becomes a larger part of everyday content planning. Video demand continues to grow across social media, product marketing, online learning, and brand communication. For many teams, the challenge is no longer whether video matters. The challenge is how to create clear, usable video content without a full production setup.

Why Software Experts Recognized CapCut

CapCut addresses a practical question for users comparing AI video creation tools: how can video ideas be created faster without losing editing control?

The answer is its combined workflow. CapCut’s Seedance 2.0 supports text-to-video creation, image-to-video generation, short-form video editing, captions, effects, resizing, and export tools. This structure helps users create a draft and refine it in the same platform.

That matters because AI-generated clips often need more work before publication. Captions may need to be added. Pacing may need to be adjusted. Content may need to be resized for different channels. CapCut supports those follow-up steps instead of treating AI generation as a separate process.

The Video Creation Problems CapCut Helps Solve

Many video projects slow down before editing starts. CapCut helps reduce that friction by supporting users who need to turn early ideas, written prompts, or still assets into usable video drafts.

Key use cases include:

Product visuals: Small businesses and e-commerce sellers can turn product images into motion-based clips for listings, ads, and social posts.Written concepts: Creators and marketers can use text-to-video tools to move from a script, prompt, or campaign idea to a visual draft.Short-form content: Social media teams can create teaser videos, promotional clips, and trend-ready posts with fewer production steps.Educational content: Educators and coaches can create short explainers, lesson visuals, and presentation-ready clips from simple prompts.Campaign testing: Marketing teams can visualize ideas before committing time and resources to larger production work.

CapCut’s Seedance 2.0 reduces the gap between an idea and a usable video asset. It is especially useful for people who need regular video output but do not want a complicated editing setup.

How CapCut Supports Text-to-Video and Image-to-Video Creation

CapCut’s AI video tools support two common starting points. Text-to-video creation allows users to describe a scene, product idea, mood, or visual style. The tool can then create a draft based on that direction.

Image-to-video support gives users another path. A product photo, brand visual, character reference, or concept image can become a motion-based clip. This is useful when strong still assets already exist but video content is needed for social media, ads, landing pages, or presentations.

The workflow also supports common search intents, including how to make videos from text, how to turn images into AI videos, how to create promotional videos without editing skills, and how to make product videos faster.

The Users Who Benefit From CapCut’s AI Video Tools

CapCut is built for users who need video content on a regular basis. Its AI video generator and editing tools support different content goals across business, education, and social media.

Social media creators can use CapCut for short-form clips, teaser visuals, and trend-ready content.Small businesses can create product launch videos, event clips, seasonal content, and service explainers when original footage is limited.E-commerce sellers can turn product images into motion-based visuals for listings, ads, and social posts.Marketing teams can use CapCut to visualize campaign ideas before committing to full production.Educators and coaches can turn prompts into short explainers for lessons, presentations, and online learning materials.

Why This Recognition Matters for AI Video Creation

Software Experts’ recognition points to a larger shift in video production. AI video tools are becoming more useful when they help users move quickly, edit with control, and prepare content for real publishing needs.

CapCut fits that shift by combining AI video generation with accessible editing features in one workflow. For users comparing AI video generators, text-to-video software, image-to-video creation tools, and fast video editing platforms, CapCut offers a practical path from idea to finished content.

The full review can be read at the Software Experts website.

About CapCut

CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.

About Software Experts: Software Experts delivers in-depth news on the digital tools shaping today’s consumer experience. As an affiliate, Software Experts may earn commissions from sales generated using links provided.

 

View original content:https://www.prnewswire.com/news-releases/best-ai-video-generator-tools-2026-capcut-recognized-for-fast-ai-powered-video-creation-by-software-experts-302816723.html

SOURCE SoftwareExperts.org

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Waters Corporation Schedules Second Quarter 2026 Earnings Conference Call

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MILFORD, Mass., July 2, 2026 /PRNewswire/ — Waters Corporation (NYSE: WAT) will hold its Q2 2026 financial results conference call on Tuesday, August 4, 2026, at 8:00 a.m. Eastern Time. A live webcast of the presentation will be available on Waters’ Investor Relations website at https://ir.waters.com. A replay of the webcast will also be available until at least September 1, 2026, at midnight Eastern Time.

About Waters Corporation

Waters Corporation (NYSE: WAT) is a global leader in life sciences and diagnostics, dedicated to accelerating the benefits of pioneering science through analytical technologies, informatics, and service. With a focus on regulated, high-volume testing environments, our innovative portfolio harnesses deep scientific expertise across chemistry, physics, and biology. We collaborate with customers around the world to advance the release of effective, high-quality medicines, ensure the safety of food and water, and drive better patient outcomes by detecting diseases earlier, managing routine infections, and combating antibiotic resistance. Through a shared culture of relentless innovation, our passionate team of ~16,000 colleagues turn scientific challenges into breakthroughs that improve lives worldwide. For more information, please visit www.waters.com/about.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

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SOURCE Waters Corporation

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Hyperscale Data Buys 67 Bitcoin Bringing Bitcoin Treasury to Approximately 849 Bitcoin

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LAS VEGAS, July 2, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that from between June 30, 2026, and July 1, 2026, the Company has acquired an additional 67 Bitcoin bringing its total Bitcoin Treasury to approximately 849 Bitcoin.

“We continue to believe in Bitcoin as a foundational asset of the future digital economy and of the Company’s balance sheet,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “We believe that Bitcoin will anchor our balance sheet and provide significant long-term value to the Company and its stockholders while retaining flexibility for the Company’s capital structure. We plan to continue acquiring Bitcoin through a disciplined dollar-cost-averaging strategy in order to maximize the potential for long-term upside.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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