Transformer Monitoring Market worth $4.98 billion by 2031 | MarketsandMarkets™

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Aug 31, 2026, 06:59 ET

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DELRAY BEACH, Fla., Aug. 31, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global Transformer Monitoring Market size is projected to grow from USD 3.11 billion in 2026 to USD 4.98 billion by 2031 at a compound annual growth rate (CAGR) of 9.9% during the forecast period.

Browse 150 market data Tables and 60 Figures spread through 250 Pages and in-depth TOC on "Transformer Monitoring Market – Global Forecast to 2031"

The global market is experiencing continued growth as power companies, industrial facilities, and other power users are concentrating more on the reliability of transformers, the health of assets, and the stability of power supply. Transformer monitoring systems are increasingly used to assess operating parameters, detect developing faults, and improve the operation of transformer-related technologies. The need to manage older transformers, enhance asset efficiency, and boost the reliability of power systems has driven the adoption of this technology across transmission, distribution, generation, and industrial processes. Additionally, the rise of alternative energy sources and the growing variability in electricity consumption have created a demand for greater visibility into transformer operating conditions.

The market is also influenced by advancements in online monitoring, IoT-connected sensors, dissolved gas analysis, partial discharge detection, data analytics, and cloud and edge technologies. These monitoring systems integrate various transformer parameters, including temperature, loading, oil quality, dissolved gases, moisture, bushings, and partial discharge, to effectively evaluate transformer conditions. Continuous monitoring enables remote diagnostics, automatic alerts, fleet-level analysis, and condition-based maintenance. Furthermore, integration with digital asset management systems enhances the accessibility and usability of transformer data. Recent developments in sensor connectivity and analytics are also helping to upgrade older transformer fleets through retrofits and newly installed monitoring systems.

Transformer Monitoring Market Size & Forecast:

Market Size Available for Years: 2022–2031

2025 Market Size: USD 2.84 billion

2031 Projected Market Size: USD 4.98 billion

CAGR (2026–2031): 9.9%

Transformer Monitoring Market Trends & Insights:

By region, the Asia Pacific Transformer Monitoring Market is expected to register a CAGR of 10.8% between 2026 and 2031.

By component, the software segment is likely to exhibit a growth rate of 10.8% during the forecast period.

By type, the oil-immersed segment is anticipated to register a 10.1% CAGR from 2026 to 2031.

By application, the power transformers segment is expected to grow at a significant rate during the forecast period.

By service, the dissolved gas analysis segment is likely to exhibit the highest growth during the forecast period

By voltage rating, the above 230 kV segment is projected to hold a dominant position in the market during the forecast period.

By installation, the new segment is expected to register the highest CAGR during the forecast period.

By end user, the power utilities segment is anticipated to record the highest growth rate from 2026 to 2031.

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Oil-immersed segment to record the highest CAGR between 2026 and 2031.

Based on type, the oil-immersed segment is anticipated to exhibit the highest growth rate in the Transformer Monitoring Market during the forecast period. The use of oil-immersed transformers is expected to increase in transmission and distribution networks in industries as well as substation facilities, especially in high-capacity and high-voltage applications. Transformers utilize insulating oil for cooling purposes and dielectric insulation. This makes it necessary to monitor the state of the oil, the dissolved gas, and the temperature, among other operating parameters. With the expansion of the electricity supply networks and the increasing application of oil-immersed transformers in high voltage systems, their efficacy depends on maintaining effective monitoring.

Hardware segment to capture the largest share of the Transformer Monitoring Market in 2026.

Based on component, the hardware component segment is expected to hold the largest market share in 2026, driven by rising investments in grid modernization, transformer asset health, and real-time condition monitoring. Utilities are increasingly deploying sensors, monitoring devices, communication gateways, and data acquisition systems to capture critical parameters such as dissolved gases, temperature, moisture, vibration, bushing condition, and partial discharge. Aging transformer fleets and growing emphasis on predictive maintenance and asset life extension are further accelerating hardware adoption. In addition, the integration of IoT-enabled monitoring infrastructure with digital substations is increasing demand for connected field devices. Expanding renewable energy integration and grid complexity are also strengthening the need for continuous, high-accuracy transformer monitoring hardware.

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Asia Pacific to be the fastest-growing in the Transformer Monitoring Market from 2026 to 2031.

Based on region, Asia Pacific is expected to record the highest growth rate during the forecast period due to rapid urbanization, industrial growth, escalating demand for electricity, and development of new transmission and distribution infrastructure. In addition, the growth of renewable energy capacity is increasing the importance of reliable transformers, especially in the changing power grid environment due to variable generation of electricity. China, India, Japan, South Korea, and countries in Southeast Asia are also investing in grid modernization and digitalization, which promotes the use of modern methods of monitoring, sensors, diagnostic techniques, and asset management systems.

Top Companies in Transformer Monitoring Industry:

The Transformer Monitoring Industry include GE Vernova (US), Schneider Electric (France), Siemens (Germany), Vaisala (Finland), Eaton (Ireland), Mistras Group (US), Vaisala (Finland), Reinhausen GmbH (Germany), Hitachi Energy Ltd. (Switzerland), Qualitrol Company LLC. (US), and Doble Engineering Company (US). These companies are strengthening their market positions through transformer monitoring portfolio expansion, energy-efficiency improvements, product innovations, geographic expansions, strategic acquisitions, and investments in power utilities, industrial, commercial/ residential, and data center applications.

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Instrument Transformers Market

Electrical Bushings Market

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NameSilo Technologies Corp. Announces Q2 2026 Results

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NameSilo Technologies Corp.

Aug 31, 2026, 07:00 ET

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CSE: URL / OTC: URLOF

Record Quarterly Revenues and Record Bookings

VANCOUVER, BC, Aug. 31, 2026 /PRNewswire/ -- NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), one of the largest domain registrars in the world, is pleased to announce the financial results for the quarter ending June 30, 2026. The financial statements and related management's discussion and analysis ("MD&A") can be viewed on SEDAR+ at www.sedarplus.ca.

Q2 2026 Financial and Operating Highlights

NameSilo

The Company delivered another quarter of record financial performance, highlighted by strong growth in revenues, gross profit and total bookings. The Company also continued to invest internally generated capital into its core domain business and its newer operating subsidiaries, Reach Systems and SewerVue Technologies.

The Company's financial results for fiscal Q2 2026 are set forth below (all figures in Canadian dollars):

Record revenues of $18,803,134, compared with $16,131,881 in Q2 2025, an increase of 16.6%. Revenue growth was driven by an increase in domains under management, marketplace revenues, ancillary services and contributions from SewerVue Technologies and Reach Systems.

Gross profit of $5,350,193, or 28.5% of revenues, compared with $4,122,496, or 25.6% of revenues, in Q2 2025.

Operating income of $1,808,506, compared with $1,866,730 in Q2 2025.

Net income of $1,435,712, compared with net income of $1,170,255 in Q2 2025.

Adjusted EBITDA* of $1,550,280, compared with $1,473,241 in Q2 2025.

Record total bookings of $22,632,195*, compared with $16,084,826 in Q2 2025, an increase of 40.7%.

Total deferred revenues of $38,037,802 as of June 30, 2026, compared with $34,739,635 as of March 31, 2026.

Cash and cash equivalents of $2,243,779.

Investments, convertible loans and digital currency totaling $5,817,154.

Investing for Growth

During 2026, the Company has increased investment in personnel, product development, sales infrastructure and other growth initiatives across its operating businesses, including Reach Systems and SewerVue Technologies. While certain expenditures are expected to impact near-term profitability, management believes a meaningful portion of these investments represent one-time or non-recurring costs designed to support future growth.

The Company is beginning to see encouraging results from these investments. Reach Systems has successfully sold key products into the growing unmanned surface vehicle ("USV") market, creating a new opportunity for its specialized marine camera, tether and cable management technologies.

SewerVue Technologies has secured a growing number of pilot projects with new partners in new markets for its critical infrastructure and pipe inspection technologies. These projects provide opportunities to demonstrate SewerVue's capabilities and potentially develop broader commercial relationships in new markets.

Management believes both businesses remain in the early stages of realizing their potential and intends to continue investing in opportunities that can accelerate their growth.

Capital Allocation and Portfolio Development

The Company continues to deploy internally generated capital across a range of opportunities, including organic growth initiatives, acquisitions, strategic investments and share repurchases.

NameSilo's core domain registration business continues to grow, while the Company is investing to expand Reach Systems and SewerVue Technologies. Alchemy Labs has also successfully completed its public listing, while Ola Media is expected to pursue a public listing in the near future.

The Company continues to evaluate additional acquisition and investment opportunities where management believes capital can be deployed at attractive prospective rates of return.

Management Commentary

"We continue to be extremely pleased with the ongoing growth and momentum across our operating businesses," commented Paul Andreola, CEO of NameSilo Technologies. "Q2 was another record quarter, with revenues increasing 16.6% and total bookings increasing 40.7% year-over-year to a record $22.6 million.

"2026 is a year of investment for NameSilo. We are using the cash generated by our core business to invest in opportunities that we believe can create significantly greater value over the long term. Importantly, we are beginning to see those investments bear fruit. Reach is gaining exposure to the rapidly growing USV market, while SewerVue is securing a growing number of pilot projects with new partners in new markets.

Our core domain business continues to grow, Alchemy Labs has successfully completed its public listing, and we continue to see opportunities to grow Reach and SewerVue while evaluating additional acquisitions and investments.

Our strategy remains straightforward: grow our businesses, generate cash and intelligently redeploy that capital into opportunities where we believe we can earn attractive returns for shareholders. This includes investing in our existing businesses, pursuing acquisitions and strategic investments, and repurchasing NameSilo shares when we believe they represent compelling value.

We believe NameSilo Technologies has never been better positioned to execute this strategy, and we would like to thank all of our employees, customers and shareholders for their continued support and hard work."

www.brisio.com

www.namesilo.com

About NameSilo Technologies Corp. and NameSilo LLC

NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third-party and it does not offer investment advice.

NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 6.2 million active domains under management from approximately 160 countries.

About SewerVue Technologies

SewerVUE Technologies, has pioneered large-diameter pipe inspection technology with innovations such as pipe-penetrating radar and multisensor inspections to ensure their partners and clients have reliable, comprehensive data to make proper and well-informed decisions when it comes to maintaining critical infrastructure. Using multi-sensor tools such as LiDAR, sonar, HD-CCTV and pipe-penetrating radar, SewerVUE provides high-quality data to help customers assess and maintain critical infrastructure.

About Reach Systems

Reach Systems, based in Nanaimo, British Columbia, is an engineering and manufacturing company specializing in remote inspection robotics, subsea camera systems, and advanced tether/cable management solutions. They provide turnkey, high-definition inspection equipment for oil & gas, defense, and subsea industries, including the "Puffin" 4K underwater camera and specialized winches.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements.

*Non-IFRS Financial Measure

Readers are cautioned that "Adjusted EBITDA" and "total bookings" are measures not recognized under IFRS. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, restructuring costs, impairment charges and other non-recurring gains or losses. Management believes Adjusted EBITDA is a useful measure that facilitates period-to-period operating comparisons.  Total bookings includes the full amount of cash received from new domain bookings, renewals and other related services.  Whereas, under IFRS, the Company records revenue from domain booking and renewal fees on a straight-line basis over the life of the contract term.  However, the Company's management believes that "total bookings" provides investors with insight into management's decision-making process because management uses this measure to run the business and make financial, strategic and operating decisions.  Further, "total bookings" also provides useful insight into the Company's operating performance on a yearly basis. "Total bookings" do not have standardized meanings prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Readers are cautioned that "Adjusted EBITDA" and "total bookings" are not an alternative to measures determined in accordance with IFRS and should not, on their own, be construed as indicators of performance, cash flow or profitability.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE NameSilo Technologies Corp.

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Labcorp Launches Next Generation of Labcorp Global Trial Connect™ to Help Sponsors and Investigator Sites Navigate Clinical Trial Complexity

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Labcorp

Aug 31, 2026, 07:00 ET

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Enhanced digital experience designed to improve visibility, simplify workflows and support faster decision-making

BURLINGTON, N.C., Aug. 31, 2026 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory solutions, today announced enhancements to the digital experience of Labcorp Global Trial Connect™, the company's portfolio of clinical trial services, data and technology that enhances and accelerates delivery. The newly redesigned platform introduces new capabilities across the Labcorp Sponsor™ and Labcorp Investigator™ portal experiences of Global Trial Connect, providing greater visibility across studies, simplifying workflows and helping sponsors and investigator sites make faster, more informed decisions.

Labcorp Global Trial Connect

"As clinical trials become increasingly complex, sponsors and investigator sites need technology that helps them work more effectively," said Brian Caveney, M.D., EVP and president, Biopharma Laboratory Services and chief medical and scientific officer, Labcorp. "The latest enhancements to Global Trial Connect make it easier to access insights, manage study activities and navigate trial complexity with confidence, allowing customers to focus less on operational tasks and more on advancing research and supporting patients."

Designed with Customers, for Customers

Guided by input from more than 80 sponsors and 100 investigator sites worldwide, the latest enhancements to Global Trial Connect were informed by extensive customer feedback, product testing and direct input. Key updates include:

A more intuitive user experience with simplified navigation and role-based customization

Streamlined study management with integrated tools for study oversight, reporting and supply tracking

Embedded in-portal kit ordering that reduces manual data entry by 75% while optimizing inventory oversight and management

Greater visibility into study performance through a unified Study Oversight Dashboard that brings together study, site, sample and supply insights in a single view

Simplified report creation with a new Report Wizard that guides users through building and customizing reports to meet their needs

Enhanced sample visibility through end-to-end tracking across the sample lifecycle

Advancing the Future of Clinical Trial Delivery

These enhancements represent the latest milestone in Labcorp's ongoing investment in digital solutions across its Biopharma Laboratory Services business, helping sponsors and investigator sites deliver high-quality clinical trials more efficiently. Through continued collaboration with customers, Labcorp will further evolve Global Trial Connect to address emerging industry challenges and provide a more connected experience across the clinical trial lifecycle.

To learn more about the latest capabilities and watch an overview video of the enhancements, visit the Global Trial Connect page https://www.labcorp.com/biopharma/central-labs/global-trial-connect.

About Labcorp 

Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's nearly 71,000 employees serve clients in approximately 100 countries, provided support for more than 85% of the new drugs and therapeutic products approved by the FDA in 2025 and performed more than 750 million tests for patients around the world. Learn more at www.labcorp.com. 

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SWI devient un NVIDIA Cloud Partner (NCP) USA - Français

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SWI Group

Aug 31, 2026, 06:40 ET

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AMSTERDAM, 31 août 2026 /PRNewswire/ -- SWI Group (AMS: SWICH), une société d'investissement disposant d'une capacité électrique de 3,6 gigawatts en Europe et aux États-Unis, a annoncé qu'il avait rejoint le programme NVIDIA Cloud Partner (NCP) en tant que partenaire privilégié.

SWI Group rejoint un cercle restreint de partenaires NVIDIA disposant de compétences validées et d'une expertise avérée en matière d'infrastructure d'IA. L'adhésion au réseau de partenaires NVIDIA permet à SWI Group d'accéder aux architectures de référence et aux configurations validées par NVIDIA, ce qui facilite le déploiement de nouvelles capacités certifiées NVIDIA à mesure que la plateforme se développe.

En tant que partenaire privilégié, SWI Group est en mesure de déployer une infrastructure informatique accélérée par NVIDIA pour une gamme complète de charges de travail d'IA, allant de l'entraînement et de l'affinage des modèles à l'inférence à l'échelle de la production et à l'IA agentique. Les compétences certifiées NVIDIA de SWI couvrent les domaines du calcul, des réseaux et des logiciels d'entreprise. Ensemble, ces éléments témoignent de l'ambition de l'entreprise de se positionner comme un fournisseur de services de calcul verticalement intégré : en déployant les derniers GPU NVIDIA dans ses propres usines d'IA et en exploitant une plateforme cloud d'IA sur le logiciel NVIDIA AI Enterprise.

« SWI Group franchit une nouvelle étape dans son parcours pour devenir un acteur mondial de l'IA pleinement intégré verticalement : au début, il y avait le foncier, l'énergie, le bâti ; aujourd'hui, ce sont les puces, les jetons et les applications. Notre collaboration avec NVIDIA nous aidera à nous forger une position solide en Europe, aux États-Unis et au-delà. », a déclaré Max-Hervé George, fondateur et PDG de SWI Group.

SWI a également acquis récemment une participation majoritaire dans Genesis Digital Assets (désormais connue sous le nom de SWI Digital), une société exploitant un centre de données d'une puissance de 1,3 GW, qui constitue son principal point d'ancrage aux États-Unis. En Europe, SWI a développé AiOnX, un portefeuille de 2,3 GW réparti entre l'Irlande, le Royaume-Uni, l'Espagne, le Danemark et l'Italie, dont un site a été loué à un hyperscaler.

Les investissements dans d'autres secteurs d'activité de SWI Group se poursuivront. Il a d'ailleurs récemment été annoncé que Varia US, géré par SWI, avait conclu un accord de coentreprise d'un montant de 693,9 millions de dollars avec Brookfield Asset Management.

À propos de SWI Group

SWI Group (SWI Capital Holding Ltd) est un groupe d'investissement international spécialisé dans les marchés privés, coté sur Euronext Amsterdam sous le mnémo SWICH. Né de la fusion entre Icona et Stoneweg, le groupe investit ses propres capitaux dans les infrastructures numériques, l'immobilier et d'autres opportunités du marché privé, alliant une approche entrepreneuriale à une discipline institutionnelle. Pour plus d'informations, rendez-vous sur www.swi.com.

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TCL Powers the Tides of Annihilation Experience at Gamescom 2026 with Advanced Display Technology

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TCL

Aug 31, 2026, 06:40 ET

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COLOGNE, Germany, Aug. 31, 2026 /PRNewswire/ -- TCL, a leading consumer electronics brand, announced its role as the 2026 European Monitor & TV Partner of Tides of Annihilation, the upcoming fantasy action-adventure game from Eclipse Glow Games.

At gamescom 2026, TCL powers the game's public demo area in Hall 6, Booth B-050, where players can experience its dynamic lighting, cinematic environments and fast-paced combat across TCL 32X3A OLED+ Monitors and 75-inch TCL C8L SQD-Mini LED TVs.

TCL Named 2026 European Monitor & TV Partner of Tides of Annihilation

TCL 32X3A OLED+ Monitor

Developed by Eclipse Glow Games, Tides of Annihilation is a single-player adventure inspired by Arthurian legend. Set in a modern London invaded by another realm, the game follows survivor Gwendolyn through fantasy landscapes.

Stefan Streit, CMO at TCL Europe, said: "Today's gamers expect zero lag, flawless fluidity, and vivid visual fidelity that fully immerses them in new worlds. Display technology has to keep up. Through our collaboration with Tides of Annihilation, we're showing how TCL's advanced TV and monitor line-up meets extreme demands and elevates the gameplay experience for audiences across Europe."

Bringing A Visually Ambitious World to Life

High-contrast environments and dynamic lighting require displays capable of preserving detail across highlights and shadows. Fast combat and rapid camera movement also benefit from high refresh rates, fast response times and VRR support.

Through OLED+, SQD-Mini LED and high-refresh-rate technologies, TCL will demonstrate how display performance can support both cinematic presentation and responsive gameplay.

The All-Round Master: TCL 32X3A OLED+ Monitor

At the centre of the demo area is the TCL 32X3A, TCL's first flagship OLED+ monitor and winner of the 2026 iF Design Award and Red Dot Design Award.

Designed to make gameplay feel smoother, sharper and more responsive, the TCL 32X3A lets players switch between ultra-detailed visuals and high-speed performance depending on how they play. Its 480Hz dual-mode ultra-high refresh rates (UHD 240Hz / FHD 480Hz) with a 0.03ms GtG response time enable seamless switching between high resolution and high refresh performance.

OLED+ technology enhances depth and contrast so dark scenes feel richer and bright effects stand out without losing detail. Fine textures and edges remain crisp, even during intense combat or rapid movement, while the display is designed to stay clear in changing lighting conditions.

A near-borderless design helps draw players deeper into the game world, reducing distractions at the edges of the screen. Built‑in audio by Bang & Olufsen delivers clear sound to hear key in‑game moments without external speakers.

Large-screen immersion with the TCL C8L SQD-Mini LED TV

The TCL C8L SQD-Mini LED TVs bring Tides of Annihilation to life on a bigger scale, showcasing what next-generation Mini LED technology can deliver in gaming.

With up to HDR 5,500 nits peak brightness and 2,584 precise dimming zones, the C8L keeps every scene clear and balanced. A native 144Hz refresh rate with VRR support helps gameplay feel smooth and responsive, even during fast combat and quick camera shifts. Meanwhile, Audio by Bang & Olufsen with Dolby Atmos adds immersive sound that pulls players deeper into the action.

Bringing Display Innovation to the Future of Gaming

The partnership with Tides of Annihilation underscores TCL's commitment to the gaming ecosystem, aligning cutting-edge technology with the evolving expectations of players, creators and audiences across Europe.

From gaming to everyday entertainment, TCL will continue to advance its display technology and product portfolio, bringing audiences more immersive viewing experiences.

About TCL  

TCL Electronics specializes in the research, development and manufacturing of consumer electronics including TVs, mobile devices, audio devices, smart home products and appliances. Combining thoughtful design and innovative technology to inspire greatness, our lineup delivers must-have features and meaningful experiences. As one of the world's largest consumer electronics brands, our vertically integrated supply chain, and state-of-the-art display panel factory help TCL deliver innovation for all. For more information, please visit: https://www.tcl.com  

TCL is a registered trademark of TCL Corporation. All other trademarks are the property of their respective owners. 

About TIDES OF ANNIHILATION

London lies in ruin, torn apart by a cataclysmic "Outworld Invasion." Fuelled by fierce personal vengeance and a desperate mission to save her sister, Gwendolyn embarks on a high-stakes journey across two worlds: the devastated, fog-shrouded modern metropolis and the mythical realm of Avalon. Her quest through iconic landmarks, now twisted, is to unravel the mystery behind her newfound powers and ultimately determine the fate of reality itself.

About ECLIPSE GLOW GAMES

Eclipse Glow Games, a developer and publisher of PC and next generation console titles for a global audience, is located in Chengdu, Sichuan. The studio is currently developing Tides of Annihilation, an action-adventure title for PC and console based on Arthurian mythology. The Eclipse Glow team is composed of over 150 developers with previous experience creating games for storied franchises, including Yakuza, For Honor, Assassin's Creed, Persona, and Prince of Persia.

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Lilly to acquire Merida Biosciences to advance treatments for serious autoimmune and allergic diseases

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Eli Lilly and Company

Aug 31, 2026, 06:45 ET

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Eli Lilly and Company

Merida Biosciences

Merida's antibody-engineering platform is designed to enable precise, durable removal of disease-causing antibodies, while preserving normal immune function

Initial Phase 1 data show MER511 achieved robust reductions in pathogenic thyroid-stimulating antibodies with a favorable initial safety profile

Acquisition strengthens Lilly's immunology capabilities and its opportunity to elevate the standard of care for immune-mediated conditions with high unmet need 

INDIANAPOLIS and CAMBRIDGE, Mass., Aug. 31, 2026 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) and Merida Biosciences, Inc. (Merida), a biotechnology company advancing a new class of precision therapeutics for serious autoimmune and allergic diseases, today announced a definitive agreement for Lilly to acquire Merida.

Merida is developing biologics engineered to selectively degrade pathogenic autoantibodies, the disease-causing agents behind a range of immune-mediated conditions. The precision degradation approach is intended to address the biological cause of these diseases, rather than broadly suppressing the immune system, as many current therapies do.

Merida's lead program, MER511, is in Phase 1 development for Graves' disease and thyroid eye disease (TED), conditions driven by thyroid-stimulating immunoglobulins, which are autoantibodies that activate the thyroid-stimulating hormone receptor. Graves' disease affects approximately 3 million people in the U.S., and patients face elevated cardiovascular risk and mortality. Roughly 25 to 40 percent of people with Graves' disease go on to develop TED, which can cause pain, disfigurement, and in severe cases, vision loss. While there are approved treatments for both conditions, none directly target the autoantibodies that cause them. Because pathogenic autoantibodies drive a wide range of serious diseases, Merida's platform has potential application well beyond its lead program. The company's pipeline also includes MER769, a preclinical program focused on food allergy, asthma, chronic spontaneous urticaria and other diseases driven by the antibody responsible for triggering allergic reactions, along with earlier-stage programs in kidney diseases such as membranous nephropathy and other immune-mediated conditions.

"We're building our pipeline around therapies that meaningfully change the course of disease, not just its downstream effects. Merida's lead program is designed to do exactly that: selectively and directly eliminating the autoantibodies causing Graves' disease and thyroid eye disease, while preserving normal immune function, with initial Phase 1 data already pointing to the potential for improved efficacy and safety," said Francisco Ramírez-Valle, M.D., Ph.D., senior vice president, Lilly immunology research and early clinical development. "We see potential to apply this precision approach across a broad range of antibody-driven diseases, and we look forward to advancing this novel technology working with the Merida team." 

"Merida was founded to fundamentally change how autoimmune and allergic diseases are treated, by targeting the antibodies driving them directly, rather than suppressing the immune system broadly. Under our CSO and founder Dario Gutierrez's scientific leadership, our team has advanced that idea from concept to clinical data, and what we've seen so far reinforces our conviction that this approach can make a meaningful difference for patients," said Adam Townsend, chief executive officer of Merida. "Today's announcement reflects the hard work of the entire Merida team, and joining Lilly gives our science the resources and commitment to realize its potential for patients with immune-mediated conditions."

Under the terms of the agreement, Lilly will acquire Merida and pay up to $2.875 billion in cash, inclusive of an upfront payment, and contingent milestone payments.

The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of 2026. Lilly will determine the accounting treatment of this transaction in accordance with Generally Accepted Accounting Principles (GAAP) upon closing. This transaction will thereafter be reflected in Lilly's financial results and financial guidance.

Ropes & Gray LLP is acting as legal counsel to Lilly. Centerview Partners LLC is acting as an exclusive financial advisor, and Goodwin Procter LLP is acting as legal counsel to Merida.

About Lilly

Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/news, or follow us on Facebook, Instagram, and LinkedIn. F-LLY

About Merida Biosciences

Merida is advancing a precision immunology approach for antibody-driven diseases that selectively and durably eliminate their pathogenic drivers. This approach, enabled by advances in protein engineering and immunology, has the potential to address numerous autoimmune and allergic conditions that are inadequately treated today. Please visit www.meridabio.com to learn more.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about the benefits of Lilly's acquisition of Merida and Merida's product candidates for immune-mediated diseases, and reflects Lilly's current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in closing and implementing the acquisition and in the process of drug research, development, and commercialization. Among other things, there can be no guarantee that Lilly will close the transaction or realize the expected benefits of the acquisition, that the acquisition will achieve the results discussed in this release, or that the acquisition will yield commercially successful products. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.

Refer to:

Megan Talon, megan.talon@lilly.com (Media)

Michael Czapar, czapar_michael_c@lilly.com (Investors)

Cynthia Clayton, cynthia@claytonbiocomms.com (Merida Media)

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Pye-Barker Fire & Safety Acquires Suppression Systems, Inc., Enhancing Fire Suppression Services in Pacific Northwest

NEWS PROVIDED BY

Pye-Barker Fire & Safety

Aug 31, 2026, 06:55 ET

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ATLANTA, Aug. 31, 2026 /PRNewswire/ -- Pye-Barker Fire & Safety — the largest fully integrated and full-service fire protection, life safety and security services provider in the United States — has acquired Suppression Systems, Inc., a Washington-based fire suppression company. This acquisition builds on Pye-Barker's recent expansion in the region, enhancing its integrated fire protection services.

Suppression Systems, Inc., established in 1976, has offices in Tacoma, Washington, and Portland, Oregon. Its team distributes, designs, engineers and installs fire alarm, detection and suppression systems for customers throughout the Pacific Northwest.

Serving industrial, commercial, marine and high-end residential properties, Suppression Systems, Inc., has built its reputation on technically demanding projects, such as data centers, power plants and hospitals.

"There is no better way to build on our 50-year history of protecting people and property than joining Pye-Barker. Together, we will continue our legacy as the premier fire suppression partner of mission critical companies," said Zachary Tuck, owner of Suppression Systems.

"The Suppression Systems team has been a leader in special hazard fire protection systems for five decades," said Bart Proctor, CEO of Pye-Barker Fire & Safety. "Integrating their expertise and service into the Pye-Barker family provides the opportunity to achieve our shared mission of protecting more people throughout the Pacific Northwest." 

Suppression Systems, Inc.'s skilled technicians will continue to serve customers in the Pacific Northwest. Nelson Mullins Riley & Scarborough, LLP represented Pye-Barker.

About Pye-Barker Fire & Safety

As the U.S. leader in fully integrated life safety systems, Pye-Barker Fire & Safety provides complete fire protection and security systems nationwide. With over 250 locations and 9,000 team members, Pye-Barker is Great Place to Work® Certified™ and is also listed on the Inc. 5000 and ranks No. 3 on the SDM 100.

Visit pyebarkerfs.com/acquisitions to learn why we're the industry's acquirer of choice.

Contact:

Chris Jensen

VP, Business Development – M&A

chris.jensen@pyebarkerfs.com    

Media Contact:

James Taylor

jtaylor@fulltiltconsulting.com 

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31.08.2026 – 11:35

Grünwelt Energie

Energiesparen während der Urlaubszeit: Grünwelt Energie gibt Ratschläge

Düsseldorf (ots)

Die Urlaubszeit oder eine längere geplante Abwesenheit bieten ideale Gelegenheiten, den Energieverbrauch zu Hause spürbar zu senken. Mit einfachen Handgriffen sparen Verbraucher Strom sowie Geld und schützen darüber hinaus ihre Elektrogeräte zuverlässig.

Wer längere Zeit verreist, sollte nicht benötigte Elektrogeräte konsequent vom Netz trennen. Dazu gehören Fernseher, Konsolen, Computer sowie Ladestationen großer Geräte, die selbst im Ruhemodus Strom verbrauchen. Das schont die Haushaltskasse und schützt wertvolle Elektronik vor Überspannungsschäden durch Sommergewitter.

Warmwasserspeicher und Kühlgeräte sind erhebliche Energieverbraucher

Vor dem Verlassen der Wohnung lohnt sich ein Blick auf Heizungssystem beziehungsweise Boiler. Das dauerhafte Aufheizen kostet viel Energie und lässt sich durch eine Absenkung oder Abschalten während der Abwesenheit vermeiden. Nach der Rückkehr ist es wichtig, circa zehn Liter warm-kaltes Wasser aus allen Wasserhähnen laufen zu lassen, um Legionellenbildung vorzubeugen. "Das Ablasswasser ist nicht zum Trinken geeignet, kann aber sehr gut zum Gießen verwendet werden", empfiehlt Grünwelt Energie.

Ein besonderes Augenmerk verdient auch die Kühltechnik. Vor einer Reise ist das Abtauen des Gefrierfachs ratsam, da bereits dünne Eisschichten den Strombedarf steigern. Ein komplett geleertes, abgeschaltetes Kühlgerät mit leicht geöffneter Tür spart maximal Energie.

Was sollte unbedingt am Stromnetz bleiben?

Wichtig bleibt jedoch die Beachtung von Ausnahmen: Medizinische Kühlgeräte, Alarmanlagen, Zeitschaltuhren für Lampen oder Bewässerungstechnik, Überwachungskameras und Aquariumtechnik sollten am Stromnetz angeschlossen bleiben. Hierbei ist zu beachten, ob diese nicht auch auf WLAN-Technologie zurückgreifen müssen, um zu funktionieren - dann muss der entsprechende Router weiterhin in Betrieb sein. Vorsicht ist beim Hauptschalter am Sicherungskasten geboten, da unbedachtes Umlegen wichtige Systeme stoppen kann.

Pressekontakt:

Grünwelt Wärmestrom GmbH

Girmes-Kreuz-Str. 55

41564 Kaarst

Deutschland

https://www.gruenwelt.de

Email: info@gruenwelt.net

Original-Content von: Grünwelt Energie, übermittelt durch news aktuell

Fosun International Holds 2026 Interim Results Presentation: Unlocking Core Pathways, Accelerating Growth in Industries where we Excel USA - English

NEWS PROVIDED BY

Fosun

Aug 31, 2026, 05:37 ET

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HONG KONG, Aug. 31, 2026 /PRNewswire/ -- On the morning of 28 August, Fosun International held its 2026 interim results presentation in Hong Kong. This marks Fosun's return to Hong Kong to hold a results presentation for the first time in six years. The results presentation was attended by Guo Guangchang, Chairman of Fosun International; Wang Qunbin, Co-Chairman of Fosun International; Chen Qiyu, Co-CEO of Fosun International; Xu Xiaoliang, Co-CEO of Fosun International; and Gong Ping, CFO of Fosun International, together with a number of investors, analysts, and media representatives.

On the evening of 27 August, Fosun International announced its 2026 interim results. During the Reporting Period, the Group's total revenue reached RMB86.96 billion; profit attributable to owners of the parent reached RMB1.72 billion, representing a year-on-year increase of 160.3%; overseas revenue reached RMB49.16 billion, with its share of total revenue rising to 56.5%.

Commenting on Fosun's interim results, Guo Guangchang, Chairman of Fosun International, said they reflect the outcome of the strategic adjustments Fosun has made over the past few years. Its "repairing the roof on a sunny day" efforts have paid off as planned. Going forward, Fosun will continue to focus on industries where it holds competitive advantages and accelerate development along a path of steady growth.

"Over the past few years, and especially last year, we have been 'repairing the roof of our home on a sunny day' and 'repairing the car roof on a sunny day'— to strengthen Fosun's foundation, enabling it to embark on a path of accelerated, steady growth," said Guo Guangchang.

Unlocking Core Pathways between its Insurance Business and Industries where it Excels

In the first half of the year, Fosun's four core companies — Fosun Pharma, Yuyuan, Fosun Insurance Portugal (Fidelidade), and the Tourism segment — together accounted for 73.5% of the Group's total revenue, underscoring Fosun's solid foundation. Among them, the pharmaceutical and insurance segments delivered particularly strong performance.

Guo Guangchang said, "For more than three decades, integrating our insurance business with industries where we hold competitive advantages has been a strategic priority for Fosun — a core pathway we have long sought to unlock. I believe we have now achieved it. This integration will significantly strengthen our industrial operational capabilities and enhance future profitability, providing sustained momentum for Fosun's long term development."

On overall operating performance in the first half of the year, Wang Qunbin, Co-Chairman of Fosun International, stated that Fosun remains committed to its business streamlining and core business-focused strategy at this stage. On the one hand, it continues to improve Fosun International's credit rating, with the aim of gradually achieving investment-grade status. On the other hand, it focuses its development on the insurance business and industries where it holds competitive advantages. Fosun remains steadfast in its commitment to long-termism, better navigating economic cycles, and managing their fluctuations. At the same time, Fosun continues to put customers first and improve satisfaction among its five customer groups, while advancing its distinctive open and integrated approach to innovation, building global commercialization capabilities and a global operating system, and combining global resources with China's capabilities.

Building an Open Global Innovation and Operating Ecosystem

Innovation and globalization are Fosun's core strategies and the key drivers behind its earnings recovery. In terms of innovation, Fosun has consistently made substantial investments in technology innovation across its core businesses, particularly in pharmaceuticals, for over a decade. In the first half of this year, investment in technology innovation reached RMB4.2 billion, representing a year-on-year increase of 16.7%.

Chen Qiyu, Co-CEO of Fosun International, explained that in the field of pharmaceutical and healthcare, Fosun has built its presence around the needs of three key markets — China, the U.S., and emerging markets. After more than a decade of effort, it has established technology platforms covering monoclonal antibodies, bispecific antibodies, multispecific antibodies, antibody-drug conjugates (ADCs), fusion proteins, small molecules, autologous CAR-T, next-generation universal CAR-T, and radiopharmaceuticals. It has also built a high-value R&D pipeline spanning solid tumors, hematologic tumors, immunology and inflammation, neurodegenerative diseases, cardiovascular diseases, and metabolic disorders. At the same time, Fosun is continuously building an open innovation ecosystem and forging broad partnerships with more global companies.

Chen Qiyu believes that after nearly 20 years of sustained commitment to innovative R&D, Chinese biopharmaceutical companies now face a critical global challenge they must overcome: global operational capabilities, particularly global commercialization capabilities. To that end, beyond advancing R&D innovation, Fosun is taking a key strategic step — building a globally integrated operating system with synergy across the entire value chain, rolling out systematic commercial strategies across various markets, and strengthening its global commercialization capabilities.

Xu Xiaoliang, Co-CEO of Fosun International, stated that innovation-driven development is central to Fosun's high-quality operations, and innovation is Fosun's key growth driver. Fosun's innovation strategy has four pillars: innovative R&D, innovative products, innovative processes and innovative scenarios. In short, Fosun's approach to innovation is not a matter of isolated breakthroughs but systematic innovation across R&D, products, processes, and scenarios, driving new momentum for high-quality operations.

Regarding Fosun's globalization strategy, Xu Xiaoliang said that Fosun sees two sides to it. Side A is about leveraging global R&D and global manufacturing to create better products, while harnessing global resources to drive industrial synergy and a coordinated global presence. Side B is about global operations and global marketing to build service networks around customer needs worldwide and enhance brand penetration and market expansion.

Accelerating Development along a Path of Sustainable Growth

On the financial front, a key area of investor interest, Gong Ping, CFO of Fosun International, shared at the results presentation that in the first half of 2026, the Group's overall operating revenue remained stable with an improving revenue mix, profitability improved significantly and returned to a growth trajectory, and technology innovation investment continued to rise, with a focus on high-quality development. At the same time, the Group continued to optimize its asset portfolio and strengthen asset quality, and steadily entered a valuation recovery phase. While making solid progress across its businesses, the Group continued to optimize its balance sheet structure, steadily reduce its debt level, and maintain stable credit ratings.

At the results presentation, Guo Guangchang, remarked, "While the results Fosun International delivered in the first half of the year have been well received, they are still far from our ultimate goal. Nor is the Board's medium-term target of restoring annual profit to the RMB10 billion level our ultimate goal. A company must always be grounded in its vision, mission, and values. It is only with a strong sense of purpose that a company can stay the course and achieve long-term success. Whether we are 'repairing the car roof' or 'repairing the roof of our home', the ultimate goal is to deliver on our vision and mission. Going forward, Fosun will continue to focus on industries where it holds competitive advantages to 'spur the horse to full speed', pushing forward with even greater momentum along the path of sustainable growth."

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TCL CSOT Showcases New Innovations and Insights into the Future of Displays at DIC EXPO 2026

NEWS PROVIDED BY

TCL CSOT

Aug 31, 2026, 05:16 ET

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SHANGHAI, Aug. 31, 2026 /PRNewswire/ -- TCL CSOT began its exhibition at the Display Innovation China Expo 2026 (DIC EXPO 2026) in Shanghai. Under the theme "Empowering Diverse Applications, Elevating Display Experiences," the exhibition presents TCL CSOT's cutting-edge display technologies spanning multiple technology pathways underpinned by the company's global leadership in display innovation.

AI-Powered Innovation Drives the Next Generation of Display Technologies

OLED products showcased at DIC EXPO 2026

Other products showcased at DIC EXPO 2026

TCL CSOT exhibition area at DIC EXPO 2026

Bin Zhao, VP of TCL CSOT, GM of R&D Platform of TCL CSOT, delivering a speech

Ming-Jong Jou, Chief of Technology Planning Center, R&D Platform of TCL CSOT, delivering a speech

Driven by advances in connectivity, the display industry is moving from standalone screens to connected displays and ultimately toward an era in which "everything becomes a display." At the same time, consumers are looking beyond individual specifications such as resolution and refresh rate to assess the overall display experience, including image quality, visual health, sustainability, and form factor.

In response to this trend, Bin Zhao, VP of TCL CSOT, GM of R&D Platform of TCL CSOT, stated at DIC EXPO 2026: "Through APEX, our advanced display technology brand, we are advancing innovation across four key areas—display experience, visual health, product sustainability, and boundless possibilities for the future. As the AI era unfolds, we are leveraging our latest proprietary AI model, X-Intelligence, to drive innovation in display R&D. By continuing to improve integration between display technology and AI capabilities, TCL CSOT is leading the next wave of display innovation."

Acceleration of IJP OLED Commercialization Set to Drive Adoption and Production Capacity

In his keynote speech titled "Progress and Trends of IJP OLED Technology," Ming-Jong Jou, Chief of Technology Planning Center, R&D Platform of TCL CSOT, noted: "The market value of the global display industry is projected to grow from $123 billion in 2022 to $156 billion in 2030.  Meanwhile, IJP OLED represents an important, high-growth technology pathway for large-scale adoption of medium-sized OLED displays thanks to its high material utilization, lower equipment investment, and low carbon emissions."

Following extensive sustained investment, TCL CSOT has already brought IJP OLED to mass production in the professional display sector. Looking ahead to consumer applications, Jou said: "We will continue to expand our product portfolio and improve product reliability and production yields, while accelerating joint product development and commercialization with customers. We are currently working with several leading device brands to validate a range of consumer IJP OLED products for laptops and monitors."

Advanced Display Innovations Expand the Boundaries of Display Applications

During DIC EXPO 2026, TCL CSOT's technological expertise in cutting-edge display technologies was on full show with a broad lineup of products in areas including IJP OLED, FMM OLED, visual health, sustainable technologies, and automotive applications. 

In the OLED category, TCL CSOT showcased the World's First Foldable & Portable IJP OLED Monitor Display (28"). When folded, it measures 16 inches, offering portability comparable to that of a conventional laptop. When unfolded, the 28-inch ultra-wide display delivers an immersive large-screen viewing experience. The IJP OLED Oxide Internal Compensation High Resolution and Refresh Rate Monitor Display (27") features advanced IJP OLED technology with an Oxide backplane and an internal compensation circuit, enabling real-time compensation for improved display uniformity. The World's First Super Pixel High Clarity OLED Mobile Display (6.9") features TCL CSOT's self-developed Super Pixel subpixel multiplication technology, achieving an ultra-high pixel density of 420 PPI and a resolution of 2608 × 1200, while rendering tiny text and complex textures with paper-like print clarity and sharpness. The World's Lowest-power Consumption PLP OLED Tablet Display (13.2") reduces EL power consumption by 30% through the development of high-transmittance color filter materials and the integration of a next-generation panel design. The World's First Mass-Produced Tandem LTPO Foldable OLED Notebook Display (18"), currently the world's largest Tandem notebook display, incorporates LTPO adaptive-refresh-rate technology to deliver precise, professional-grade color performance. The World's First Pure Surface Foldable OLED Mobile Display (6.9") features an industry-first bezel-less structure that seamlessly integrates the display with the device body, creating a more unified appearance.

In addition, the World's Largest HVA Ultra TV Display (130") pushes the boundaries of conventional LCD sizes, setting a new benchmark for large-screen design with an ultra-slim 29.8 mm profile. The World's Highest-Res Single-Chip Multi-Color Si-Micro LED Display (0.28") achieves a brightness of over 500,000 nits and offers high pixel density, a wide field of view, and low power consumption, making it ideally suited for high-end AR/VR near-eye display applications. The Driving Safety Triple Automotive Display (12.3" + 15.6" + 12.3") brings together clear visibility of the surrounding environment, intuitive status information, and distraction-reduction features to create a safer and more comfortable driving experience.

Through these technologies, TCL CSOT continues to deliver value by transforming visual experiences and supplying device and display brands with the underlying technologies needed to meet evolving user expectations. Through its advanced display technology brand, APEX, TCL CSOT is working to address image quality, energy efficiency, form factor innovation, visual health and sustainability, using IJP OLED, Super Pixel, ultra-high-mobility oxide technology, silicon-based Micro LED and multi-scenario display solutions. At DIC EXPO 2026 and beyond, the company will continue to work with partners across the display supply chain to move these technologies from demonstration to production and ultimately into the products people use every day.

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