R&M continues its growth strategy

March 9, 2020

Sales increase in 2019 to CHF 276.7 million / Company now has its own sites on the US East Coast and in China

BENGALURU, India/WETZIKON, Switzerland – March 9, 2020 – R&M, the globally active developer and provider of cabling systems for high-quality network infrastructures, based in Wetzikon, Switzerland, is continuing its growth strategy: R&M closed the business year 2019 with an increase of 4.4 %; adjusted for currency effects, growth lies at 6.8%. The Group generated sales of CHF 276.7 million. The operating profit (EBIT) declined marginally due to high investment costs for the integration of newly acquired companies and for the expansion of the market organizations. Worldwide R&M now has 1,300 employees.

For five years now, R&M has witnessed continuous, solid growth. In 2019, we were once again above the industry average. We do, however, currently find ourselves in a challenging market environment. Particularly the investments for the expansion of the global FTTH networks fell in 2019,” reports CEO Michel Riva.

With the takeover of Optimum Fiberoptics, Inc. in Maryland, R&M entered the economic center in the East of the USA in March 2019. Mega data centers, company headquarters, and government agencies are all situated close together here. The US branches of R&M in California and Maryland serve the North American continent with proprietary products, logistics, and services.

One month later in Shanghai, R&M then acquired Durack Intelligent Electric Co. Ltd., a manufacturer of network cabinets for data centers. This acquisition has given R&M access to significant Chinese market sectors, such as finance, government, education and data centers. At the same time, R&M is investing outside Shanghai in a new production site for the assembly of fiber optic and copper cable systems.

In the sales regions, development in the financial year was very varied. In South America and the Middle East, R&M achieved double-digit growth rates. In Germany, Austria, and Switzerland, sales initially declined, although the situation stabilized towards year-end. The other European markets offset this decline. The trade war between China and the US as well as a crisis on the Indian telecoms market impaired business in these regions. The sales company in India nevertheless posted a single-digit increase.

In 2019, the R&M business area Public Networks benefited from various key projects in broadband cabling to the front door (Fiber to the Home). Double-digit growth rates were recorded here – despite the declining market environment. With the new FO distribution frame PRIME-ODF, R&M gave telecoms the possibility to plan network expansion more freely than was previously the case. These can now retrofit and densify their sites more easily and only have to invest as much in cabling as is currently required. The Data Center business area had to struggle with a slowdown of the market. With the range of its new subsidiary Durack in China, R&M can now act as an all-in-one provider for network equipment for data centers in Asia. And alongside a new fiber optic distributor, R&M introduced a software product developed in house for the first time. It helps data center operators to manage their networks digitally.

The largest business area, the Local Area Networks segment, achieved solid single-digit growth. Here too, R&M is relying on new developments and premium products for fast data transmission to offices and smart buildings.

R&M expects the market environment to remain very challenging in 2020. The most recent investments and product innovations are intended to make a decisive contribution to continuing the growth strategy. “Thanks to the innovative strength of the company, R&M now covers the entire connectivity range,” concludes CEO Michel Riva.

The R&M Annual Report 2019 is available online: https://www.rdm.com/content/download/25353/2533361

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About R&M

R&M (Reichle & De-Massari AG) is a leading global producer of future-proof products and systems for communication and data networks. The company’s close collaboration with certified partners results in pioneering work in the sectors LAN, Public and Telecom Networks as well as Data Centers. The Swiss family company stands for innovation, quality, and customer orientation. Thanks to the innovative strength of the company, R&M now covers the entire connectivity range. For more information: www.rdm.com


Zoho ManageEngine Desktop Central 10 Deserialization Vulnerability Could Lead to Remote Code Execution

March 9, 2020

Zoho releases a patch for a critical remote code execution flaw in ManageEngine one day after the vulnerability was publicly disclosed.

The Tenable Security Response Team (SRT) launched a Security Advisory for a recently disclosed and patched flaw in Zoho ManageEngine Desktop Central 10. It was discovered by Steven Seeley of Source Incite, who tweeted an advisory [advisory link] for the vulnerability on March 5 including a proof-of-concept (PoC). At the time, there was no CVE identifier associated with the flaw, nor was a patch available. Since disclosing it on Twitter, it was identified as CVE-2020-10189 and Zoho released a patch for the vulnerability in build 10.0.479 on March 6.

According to Seeley, the flaw “exists within the FileStorage class” which does not properly validate user-supplied data, resulting in the deserialization of untrusted data. An unauthenticated, remote attacker could use this vulnerability to “execute code under the context of SYSTEM.”

CVE-2020-10189 is an untrusted deserialization vulnerability in Zoho ManageEngine Desktop Central. The vulnerability stems from an improper input validation in the FileStorage class. According to Seeley, an unauthenticated, remote attacker can abuse the lack of validation in the FileStorage class to upload a malicious file containing a serialized payload onto the vulnerable Desktop Central host. To trigger the untrusted deserialization, an attacker would then need to make a subsequent request for the file uploaded onto the vulnerable host. This would then grant the attacker arbitrary code execution with SYSTEM/root privileges. For more detail, please refer to the proof-of-concept section, which contains Seeley’s detailed breakdown of the vulnerability.

Here’s Tenable’s blog for this advisory.


This Holi AMANI Launches ASP-SP 7600 Bluetooth Speakers and Gifts an Earphone on Purchase of any Product

March 9, 2020

The speaker is compatible with all Bluetooth devices, SD cards, PC, laptops, radio, etc.

NEW DELHI, India – March 9, 2020 – AMANI Mart, a mobile accessories brand known for delivering quality products across India, has launched AMANI ASP SP 7600 DJ Series Bluetooth speaker, this Holi. With the Holi festival just around the corner, one can use AMANI ASP SP 7600  Bluetooth to get house parties to come alive, adding more fun to the celebrations. AMANI has also announced the gifting of an earphone on the purchase of any product from its portfolio of mobile accessories. This offer is valid from March 6 to 10th 2020 on www.amanimart.com.

This Holi, we are happy to add a new DJ Series speaker ASP SP 7600 to our Bluetooth speaker range. The stylish and elegant look enhances power sound. This highly accommodative music device is adaptable to all sorts of music ecosystem which gives it an edge above others. So be the DJ of your parties with speaker’s comprehensive control panel to manually adjust echo, bass, volume treble, etc. and take the party to the next level” said Tarun Bhutani, Managing Director at AMANI.”We are known for launching various offers on every occasion in the market and this Holi we are offering an earphone absolutely free with every product purchase one makes from our range of AMANI mobile accessories“.

AMANI ASP SP 7600 – The Best bluetooth speaker with extra bass is designed for easy connectivity with all smartphones, tablets and Bluetooth devices. Weighing just 1.5 kg, this speaker is easy to carry around and turn the office and home to a party mode when required. It is fuelled with a 3,200 mAh non-removable battery which is capable of delivering uninterrupted 8 to 10 hours of non-stop playback battery life. Add on ports like Micro SD Card and Aux acts as alternative connectivity options for users to listen to their favorite music without any interruption. Built-in microphone for hands-free communication eases switching between phone conversations and music playback with one-touch control. Featuring a cylindrical barrel design, the Bluetooth speaker is portable and comes with a carry handle. It works at 20 kHz frequency and users can wirelessly control these devices up to 10m distance. Boasting of excellent sound quality and an exceptional new-age design, these speakers are the ideal combination of style and performance. The product comes with a micro USB cable, user manual, and 3.5mm audio cable.

Price, Availability and Warranty

AMANI ASP-SP 7600 speakers come with an MRP of Rs.1,299/ – carrying a warranty of 1 year and is readily available for purchase at www.amanimart.com and dealers across India.

#Bluetoothspeaker #Music speakerportable #Radiospeaker

 

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 About AMANI

AMANI is one of India’s best mobile accessories brands with its online marketplace. They provide lightning deals in a wide range of fashionable mobile accessories. Their product range has Headphones, Earphones, Power Banks, Speakers, Travel chargers and other premiums Cables. AMANI is obliged to have millions of satisfied customers across Pan India and looking forward to serving more. For more information, and online shopping please visit http://www.amanimart.com. AMANI products are also available on AMAZON and Flipkart.


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