NeoPhotonics Corporation

SunPower Appoints Chief Financial Officer

Retrieved on: 
Monday, May 15, 2023
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RICHMOND, Calif., May 15, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, today announced that Elizabeth "Beth" Eby has been appointed as its Chief Financial Officer (CFO), effective May 30, 2023.

Key Points: 
  • RICHMOND, Calif., May 15, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, today announced that Elizabeth "Beth" Eby has been appointed as its Chief Financial Officer (CFO), effective May 30, 2023.
  • Eby is a seasoned executive who brings more than 30 years of experience in financial strategy, execution and governance at Fortune 50 and publicly traded technology companies.
  • "Beth brings deep experience in financial operations backed by a strong track record of driving profitability and delivering value creation at best-in-class organizations," said Peter Faricy, CEO.
  • "I am excited to join SunPower and to help the company succeed in the mission to change the way our world is powered," said Eby.

Moloco Strengthens Leadership Team with General Counsel and Chief HR Officer Positions

Retrieved on: 
Tuesday, December 13, 2022
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Moloco , a machine learning company, announced that Barbara Rogan has joined as General Counsel & Corporate Secretary and Brendan Browne as Chief Human Resources Officer.

Key Points: 
  • Moloco , a machine learning company, announced that Barbara Rogan has joined as General Counsel & Corporate Secretary and Brendan Browne as Chief Human Resources Officer.
  • The additions to Molocos leadership further strengthens the companys executive stewardship through expansive growth and new market opportunities.
  • Moloco has built a strong company that is poised for long-term growth, said Barbara Rogan, General Counsel and Corporate Secretary, Moloco.
  • Brendan Browne joins Moloco in the newly created Chief HR Officer role to lead Molocos People Operations and Talent teams.

Lumentum Announces Fiscal First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 8, 2022
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A reconciliation between GAAP and non-GAAP measures is contained in this release under the section titled "Use of Non-GAAP Financial Measures."

Key Points: 
  • A reconciliation between GAAP and non-GAAP measures is contained in this release under the section titled "Use of Non-GAAP Financial Measures."
  • Lumentum expects the following for the fiscal second quarter 2023:
    We have not provided reconciliations from GAAP to non-GAAP measures for our outlook.
  • Lumentum will host a conference call today, November 8, 2022,at 5:30 am PT / 8:30 am ET to discuss its fiscal first quarter results.
  • Supporting materials outlining the Company's latest financial results will be posted on http://investor.lumentum.com under the "Events and Presentations" section concurrently with this earnings press release.

Union Square Advisors Celebrates 15th Anniversary

Retrieved on: 
Monday, September 26, 2022
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NEW YORK and SAN FRANCISCO, Sept. 26, 2022 /PRNewswire/ -- Union Square Advisors, a leading technology-focused investment bank, celebrates the firm's 15th anniversary following a record-breaking year of transactions, revenue growth, services expansion and increase in headcount.

Key Points: 
  • NEW YORK and SAN FRANCISCO, Sept. 26, 2022 /PRNewswire/ -- Union Square Advisors , a leading technology-focused investment bank, celebrates the firm's 15th anniversary following a record-breaking year of transactions, revenue growth, services expansion and increase in headcount.
  • Under Meyer's leadership, the Capital Markets business has become Union Square Advisors' fastest-growing service offering, and the team has expanded significantly.
  • In recognition of the firm's evolution, growth trajectory, and acknowledgment of its 15th anniversary, Union Square Advisors today unveiled a brand refresh of its logo and website.
  • Since inception, Union Square Advisors has advised on more than 160 strategic transactions, valued in excess of $115B.

Lumentum Announces Completion of NeoPhotonics Acquisition

Retrieved on: 
Wednesday, August 3, 2022
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SAN JOSE, Calif., Aug. 3, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum "), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").

Key Points: 
  • SAN JOSE, Calif., Aug. 3, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum "), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").
  • "I am excited to unite NeoPhotonics' differentiated products and technology and talented team with those of Lumentum," said Alan Lowe, Lumentum President and CEO.
  • I welcome our new colleagues to the Lumentum team and want to thank NeoPhotonics' CEO Tim Jenks and the rest of NeoPhotonics' leadership team for their contributions in getting us to this important milestone."
  • Due to the timing of the closing of the NeoPhotonics acquisition, there is no impact to Lumentum's fiscal fourth quarter 2022.

Lumentum and NeoPhotonics Announce Receipt of Antitrust Clearance in China and Expected Transaction Closing Date

Retrieved on: 
Friday, July 29, 2022
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This clearance satisfies the acquisition's closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approval in the People's Republic of China.

Key Points: 
  • This clearance satisfies the acquisition's closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approval in the People's Republic of China.
  • As such, Lumentum currently expects that the NeoPhotonics acquisition will close on or around August 3, 2022.
  • Forward-looking statements generally relate to future events, including the timing of the proposed transaction and other information related to the proposed transaction.
  • This communication is being made in respect of a proposed transaction involving Lumentum and NeoPhotonics.

SEC Files Multiple Insider Trading Actions Originating from the Market Abuse Unit's Analysis and Detection Center

Retrieved on: 
Monday, July 25, 2022
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Each of the three actions announced today originated from the SEC Enforcement Divisions Market Abuse Units (MAU) Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns.

Key Points: 
  • Each of the three actions announced today originated from the SEC Enforcement Divisions Market Abuse Units (MAU) Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns.
  • "But as today's actions show, we stand ready to leverage all of our expertise and tools to root out misconduct and to hold bad actors accountable no matter the industry or profession.
  • In another action, the SEC alleges insider trading by investment banker Brijesh Goel and his friend Akshay Niranjan, who was a foreign exchange trader at a large financial institution.
  • The complaint alleges that, after the announcement, Wong bought Markin a Rolex watch to thank him for the tip.

NeoPhotonics to Host Call on June 13, 2022 to Discuss Optical Trends and Technology for Lidar and Autonomous Vehicles

Retrieved on: 
Monday, June 6, 2022
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The session will focus on the application of coherent communications technologies developed by NeoPhotonics for high-speed optical networks to new Coherent, or FMCW, Lidar for autonomous vehicles.

Key Points: 
  • The session will focus on the application of coherent communications technologies developed by NeoPhotonics for high-speed optical networks to new Coherent, or FMCW, Lidar for autonomous vehicles.
  • This webinar will showcase NeoPhotonics coherent sensors and components for FMCW Lidar, including ultra-narrow linewidth tunable lasers, semiconductor optical amplifiers, photonic integrated Lidar engines and photonic integrated beam scanners with no moving parts.
  • The Companys products enable cost-effective, high-speed over distance data transmission and efficient allocation of bandwidth in optical networks.
  • NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2015 certified engineering and manufacturing facilities in Silicon Valley (USA), Japan and China.

NeoPhotonics Announces Suite of 53 Gbaud PAM4 Driver ICs for 100G and 400G Hyperscale Data Center Networks

Retrieved on: 
Tuesday, March 8, 2022
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NeoPhotonics 53 Gbaud PAM4 driver IC is a linear, differential driver based on gallium arsenide (GaAs) and optimized for 1 x 100 Gbps, 4 x 100 Gbps and 8 x 100 Gbps PAM4-based applications.

Key Points: 
  • NeoPhotonics 53 Gbaud PAM4 driver IC is a linear, differential driver based on gallium arsenide (GaAs) and optimized for 1 x 100 Gbps, 4 x 100 Gbps and 8 x 100 Gbps PAM4-based applications.
  • The Driver IC amplifies the low voltage electrical signal to a level required by the optical modulator, maintaining linearity and achieving sufficient bandwidth.
  • NeoPhotonics linear drivers feature high output voltage > 3.4Vppd, low crosstalk, high gain, high bandwidth >35GHz supporting 53 Gbaud and low total harmonic distortion (THD) to enable best-in-class PAM4 performance.
  • We are pleased to have achieved multiple design wins for our family of 53 Gbaud suite of drivers and are now shipping them in high volume.

NeoPhotonics Announces Ultra-Narrow Linewidth Laser for Low Earth Orbit Satellite Applications

Retrieved on: 
Monday, March 7, 2022
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NeoPhotonics current Nano-ITLA laser is in high volume production for terrestrial fiber optics applications and is used by many of the leading optical networking companies in their most advanced coherent pluggable modules and high-speed embedded systems.

Key Points: 
  • NeoPhotonics current Nano-ITLA laser is in high volume production for terrestrial fiber optics applications and is used by many of the leading optical networking companies in their most advanced coherent pluggable modules and high-speed embedded systems.
  • Multiple companies are now deploying or developing constellations of low earth orbit satellites to bring high bandwidth communications to areas not currently served by wireless infrastructure.
  • These constellations consist of thousands of satellites which must have high bandwidth connections between them to avoid service drop-outs.
  • For the lasers used in coherent communication, the control electronics are often more vulnerable to these radiation effects than the laser itself.