IDM

Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM

Retrieved on: 
Monday, April 8, 2024

Multiple high-performance, narrowband XBAW® filters will be utilized within the OEM’s 4x4 Multi-User, Multiple-In-Multiple-Out (MU-MIMO) Wi-Fi 7 enterprise router.

Key Points: 
  • Multiple high-performance, narrowband XBAW® filters will be utilized within the OEM’s 4x4 Multi-User, Multiple-In-Multiple-Out (MU-MIMO) Wi-Fi 7 enterprise router.
  • The filters exhibit a high out-of-band (OOB) rejection within a one-percent transition gap from the filter’s passband frequency.
  • Akoustis has booked volume orders from the customer to support development efforts and facilitate a production ramp-up in the second half of the calendar year 2024.
  • The Company continues to secure new design wins in its target markets including Wi-Fi, 5G Infrastructure, Automotive and Defense, many of which are slated to ramp into production in the coming months.

Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications

Retrieved on: 
Wednesday, April 3, 2024

Charlotte, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today two new bandedge RF filter products for Wi-Fi Automotive and Access Point applications.

Key Points: 
  • Charlotte, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today two new bandedge RF filter products for Wi-Fi Automotive and Access Point applications.
  • These filters are expected to ramp into production in the second half of calendar year 2024.
  • Akoustis’ new Wi-Fi/LTE coexistence BAW RF filters are designed specifically for the Wi-Fi 2.4 GHz band, covering channels 1 to 11.
  • Utilized in Wi-Fi routers, access points, extenders, mesh systems, mobile hotspots, ISM, and automotive, these filters offer high performance, robust power handling, and high out-of-band rejection.

EQT to sell Rimes, a global leader in enterprise data management solutions for the investment industry, to Five Arrows

Retrieved on: 
Tuesday, April 9, 2024

Key Points: 
  • The Company helps its clients solve complex data problems, applying capabilities refined over 25 years, including an ecosystem of more than 800 data partners and deep domain expertise in investment data.
  • Powered by its proprietary, multi-tenant cloud technology platform, Rimes' data management solutions empower its clients to make better investment decisions using reliable data, while improving cost efficiency, and reducing operational risk.
  • In October 2021, Rimes further complemented its product offering with the acquisition of Matrix IDM, which added a powerful Investment Management Platform and data distribution and warehousing solutions.
  • Today, the firm's most modern technology underpins an innovative, comprehensive product offering designed to address future investment data challenges.

Five Arrows Acquires Rimes from EQT

Retrieved on: 
Tuesday, April 9, 2024

The investment has been led jointly by the Five Arrows Long Term Fund ("FALT") and Five Arrows Principal Investments ("FAPI"), together "Five Arrows".

Key Points: 
  • The investment has been led jointly by the Five Arrows Long Term Fund ("FALT") and Five Arrows Principal Investments ("FAPI"), together "Five Arrows".
  • Five Arrows targets category–leading B2B data and software sectors across a focused set of end–markets including financial technology.
  • Today, Rimes serves 60 of the world's top 100 asset managers, as well as the 10 largest asset servicers in the world.
  • Brad Hunt, CEO of Rimes, commented, "Rimes has been on a significant growth trajectory over the last few years, and I am really proud of what our team has achieved.

Five Arrows Acquires Rimes from EQT

Retrieved on: 
Tuesday, April 9, 2024

The investment has been led jointly by the Five Arrows Long Term Fund ("FALT") and Five Arrows Principal Investments ("FAPI"), together "Five Arrows".

Key Points: 
  • The investment has been led jointly by the Five Arrows Long Term Fund ("FALT") and Five Arrows Principal Investments ("FAPI"), together "Five Arrows".
  • Five Arrows targets category–leading B2B data and software sectors across a focused set of end–markets including financial technology.
  • Today, Rimes serves 60 of the world's top 100 asset managers, as well as the 10 largest asset servicers in the world.
  • Brad Hunt, CEO of Rimes, commented, "Rimes has been on a significant growth trajectory over the last few years, and I am really proud of what our team has achieved.

Sagimet Biosciences Announces Appointment of Tim Walbert and Paul Hoelscher to its Board of Directors

Retrieved on: 
Monday, March 25, 2024

I also welcome Paul, whose experience in capital markets as well as accounting and finance will be invaluable for Sagimet’s next steps.

Key Points: 
  • I also welcome Paul, whose experience in capital markets as well as accounting and finance will be invaluable for Sagimet’s next steps.
  • “Sagimet is well-positioned for its next stage of growth, with an experienced team and demonstrated clinical results.
  • In 2023, Amgen acquired Horizon for $28 billion, and Mr. Walbert currently serves as a senior advisor to Amgen.
  • I look forward to working with Tim and Paul who I know will add great value to our Board of Directors.”

Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion

Retrieved on: 
Tuesday, April 2, 2024

The company also shared a targeted path toward long-term growth and profitability of Intel Foundry, as well as clear goals for driving financial performance improvement and shareholder value creation.

Key Points: 
  • The company also shared a targeted path toward long-term growth and profitability of Intel Foundry, as well as clear goals for driving financial performance improvement and shareholder value creation.
  • Intel Foundry is a newly established operating segment that includes foundry technology development, foundry manufacturing and supply chain, and foundry services (formerly IFS).
  • Under this new structure, Intel Foundry will recognize revenues generated from both external foundry customers and Intel Products, as well as technology development and product manufacturing costs historically allocated to Intel Products.
  • As part of today’s news, Intel also announced the appointment of Lorenzo Flores as chief financial officer of Intel Foundry, effective April 8, 2024.

Powering Up Panel-Level Packaging! Capcon’s Die Bonder Wins Bulk Adoption by Internationally Leading IDM Giant

Retrieved on: 
Thursday, March 21, 2024

Recently, Capcon’s large panel-level packaging die bonder, AvantGo L6 (Leo), has been adopted in bulk by an internationally-leading IDM manufacturer and mass producer.

Key Points: 
  • Recently, Capcon’s large panel-level packaging die bonder, AvantGo L6 (Leo), has been adopted in bulk by an internationally-leading IDM manufacturer and mass producer.
  • It is attracting the attention of industry leading Fabless, OSAT and IDM to position the technology as part of their packaging roadmap and process development.
  • For die bonder, the substrate size used in panel-level packaging is larger, so the surface prone to warping.
  • It is focusing on wafer-level packaging equipment, panel-level packaging equipment, and substrate-level packaging equipment, committed to providing customers with advanced semiconductor packaging products, technology, and solutions.

Intel Appoints Stacy Smith to Board of Directors

Retrieved on: 
Wednesday, March 13, 2024

Intel Corporation today announced that Stacy Smith, executive chairman of Kioxia Corporation, formerly Toshiba Memory Corporation, and chair of Autodesk Inc., was appointed to Intel’s board of directors, effective immediately.

Key Points: 
  • Intel Corporation today announced that Stacy Smith, executive chairman of Kioxia Corporation, formerly Toshiba Memory Corporation, and chair of Autodesk Inc., was appointed to Intel’s board of directors, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240313236334/en/
    Stacy J. Smith joined Intel Corporation’s board of directors in March 2024.
  • (Credit: Intel Corporation)
    “Stacy’s deep understanding of the semiconductor industry, along with Intel’s history and strategy, will be a significant asset to the board as it guides the company’s transformation journey,” said Frank D. Yeary, chairman of the Intel board.
  • Previously, he served on the board of directors for Virgin America from 2014 to 2016 and Gevo Inc. from 2010 to 2014.

Akoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024

Retrieved on: 
Monday, March 11, 2024

Charlotte, N.C., March 11, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that founder and CEO Jeff Shealy will attend the 36th Annual Roth Conference that takes place on March 17-19, 2024, in Laguna Niguel, California.

Key Points: 
  • Charlotte, N.C., March 11, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that founder and CEO Jeff Shealy will attend the 36th Annual Roth Conference that takes place on March 17-19, 2024, in Laguna Niguel, California.
  • Akoustis maintains its momentum with robust demand and an expanding sales pipeline for its XBAW® filter products, in addition to its new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services.
  • The Company continues to secure new design wins in its target markets including Wi-Fi, 5G Infrastructure, Automotive and Defense, many of which are slated to ramp into production in the coming months.