Allegro

nCino Unveils Latest Enhancements to its Consumer Banking Solution

Retrieved on: 
Monday, April 1, 2024

WILMINGTON, N.C, April 01, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution.

Key Points: 
  • WILMINGTON, N.C, April 01, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution.
  • These tools enable financial institutions to stay ahead of market shifts and proactively meet the evolving needs of their clients and members.
  • “In the swiftly evolving realm of consumer banking, our commitment to enhancing the nCino platform stems from a deep understanding of the industry’s challenges and an unwavering focus on solving them through technology,” said Law Helie, General Manager of Consumer Lending at nCino.
  • “We’ve enhanced our Consumer Banking Solution to make key processes more efficient for our customers, but also more engaging and accessible for their customers and members.

Onto Innovation Welcomes Susan Lynch to its Board of Directors

Retrieved on: 
Monday, March 18, 2024

Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today announced Susan Lynch has joined its board of directors.

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today announced Susan Lynch has joined its board of directors.
  • With over 30 years of leadership experience in high technology companies, Susan Lynch brings a strong background in financial leadership to Onto Innovation’s board of directors.
  • Ms. Lynch has also served on the board of directors of Allegro MicroSystems since 2021.
  • “Susan brings significant executive leadership experience to the Onto Innovation board of directors.

Allegro MicroSystems Introduces High-Bandwidth Current Sensor Technologies Enabling High-Performance Power Conversion

Retrieved on: 
Tuesday, February 6, 2024

Current high-power-density GaN and SiC FET charging and power infrastructures demand high-speed, low-loss devices to ensure efficiency and reliability.

Key Points: 
  • Current high-power-density GaN and SiC FET charging and power infrastructures demand high-speed, low-loss devices to ensure efficiency and reliability.
  • To address these challenges, Allegro has introduced two high-bandwidth current sensors – the ACS37030 and ACS37032 – designed to provide efficiency and high-performance with reduced design time and board space.
  • They employ a dual signal paths approach, with one path capturing low-frequency and DC current using Hall-effect elements and the other path capturing high-frequency current data through an inductive coil.
  • Balances cost considerations while minimizing design complexity: Simplifies designs and facilitates easy-to-design, cost-optimized, high-power, high-frequency switching power conversion for GaN and SiC devices.

Wynn Las Vegas Debuts Big Game Weekend Programming

Retrieved on: 
Monday, January 29, 2024

LAS VEGAS, Jan. 29, 2024 /PRNewswire/ -- Wynn Las Vegas announces an impressive lineup of programming anchored by the Big Game, which kicks off Friday, Feb. 9 through the main event on Sunday, Feb. 11. Festivities range from celebrity-centric nightlife events, an all-star podcast studio lineup, and exclusive pop-up activations.

Key Points: 
  • "Having the Big Game in Las Vegas has brought an unparalleled excitement to the city," said Steve Weitman, President of Wynn Las Vegas.
  • Big Game Weekend programming includes:
    The iconic Flipper's Roller Boogie Palace coming to Encore Beach Club with an after party that celebrates the release of "Coming Home'' by Usher.
  • In addition, Wynn Las Vegas is offering limited room reservations for Big Game Weekend with a minimum stay of three nights, beginning Friday, Feb. 9.
  • For more information on activities at Wynn during Big Game Weekend, please visit wynnlasvegas.com/experiences/ big-game-2024-watch-party .

NOV Appoints Patricia Melcher to the Board of Directors

Retrieved on: 
Wednesday, January 17, 2024

NOV Inc. (NYSE: NOV) announced today that Patricia B.

Key Points: 
  • NOV Inc. (NYSE: NOV) announced today that Patricia B.
  • "Patti" Melcher has been appointed to the Company’s Board of Directors, effective January 17, 2024.
  • Ms. Melcher is currently a Managing Partner of EIV Capital, an energy-focused private equity firm she co-founded in 2009.
  • With the appointment of Ms. Melcher, NOV Inc.’s board of directors is now composed of nine directors, eight of whom are independent members.

Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Bipolar-Output Power-Thru IC

Retrieved on: 
Tuesday, January 9, 2024

MANCHESTER, NH, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient systems, today announced the launch of the second product in its High Voltage Power portfolio.

Key Points: 
  • MANCHESTER, NH, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient systems, today announced the launch of the second product in its High Voltage Power portfolio.
  • Allegro’s AHV85111 isolated gate-driver IC adds critical safety features while simplifying the design of high-power energy conversion systems for e-Mobility and clean energy applications, including OBC/DCDC, solar inverter and datacenter power supply.
  • The AHV85111 gate driver adds bipolar-output, a critical feature that significantly improves time to market by eliminating the need to design a complicated negative isolated DC power supply and removing unnecessary external components.
  • To learn more about the AHV85111 power-thru gate driver, please visit https://www.allegromicro.com/en/products/motor-drivers/gate-drivers/ahv8...

Low-Voltage MOSFET Market size to grow by USD 1.85 billion growth between 2022 - 2027| Driven by Increased investments in data centers- Technavio

Retrieved on: 
Tuesday, December 19, 2023

Download Free Sample before buying

Key Points: 
  • Download Free Sample before buying
    What are the main growth drivers for the Low-Voltage MOSFET Market?
  • The rise in data center investments stands out as a significant driver for market expansion.
  • Increased funding directed towards the establishment of new data centers is fueling the growth of the global low-voltage MOSFET market.
  • Buy the report to get the details
    What are some of the challenges faced by the Low-Voltage MOSFET Market?

Allegro MicroSystems Reports Second Quarter 2024 Results

Retrieved on: 
Thursday, November 2, 2023

MANCHESTER, N.H., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter which ended September 29, 2023.

Key Points: 
  • Commenting on the outlook, Vineet Nargolwala said, “Our backlog remains robust.
  • Our sales forecast reflects normal third quarter seasonality, lingering impacts from the UAW strike, heightened macroeconomic trends and elevated inventory levels in Industrial and Consumer markets.
  • Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Chief Financial Officer, will discuss Allegro’s business and financial results.
  • A recording of the webcast will be posted in the same location shortly after the call concludes and will be available for at least 90 days.

Allegro MicroSystems Completes Acquisition of Crocus Technology to Accelerate Innovation in TMR Sensing Technology

Retrieved on: 
Tuesday, October 31, 2023

MANCHESTER, N.H., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that it has completed the acquisition of Crocus Technology, a leader in advanced TMR sensor technology, for $420 million in cash, subject to customary working capital adjustments. This acquisition accelerates Allegro’s TMR roadmap and strengthens its leading position in the magnetic sensing market.

Key Points: 
  • MANCHESTER, N.H., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that it has completed the acquisition of Crocus Technology, a leader in advanced TMR sensor technology, for $420 million in cash, subject to customary working capital adjustments.
  • This acquisition accelerates Allegro’s TMR roadmap and strengthens its leading position in the magnetic sensing market.
  • “On behalf of the entire company, I am thrilled to welcome the Crocus team to Allegro.
  • We look forward to working together to bring Crocus’ TMR technology and our combined value proposition to our customers,” said Vineet Nargolwala, President and CEO of Allegro.

Hastings Bath Collection's Allegro Console Wins DPHA's Product of the Year

Retrieved on: 
Monday, November 6, 2023

Hastings Bath Collection's Allegro console wins DPHA's Product of the Year award.

Key Points: 
  • Hastings Bath Collection's Allegro console wins DPHA's Product of the Year award.
  • The DPHA Product of the Year Award recognizes outstanding accomplishments in the decorative and hardware industry as it spotlights exceptional products created by DPHA manufacturer members.
  • "We are very excited and honored to be chosen for this award by DPHA's independent design panel," said Bob Gifford, Director of Business Development at Hastings Bath Collection.
  • For more information on Hastings Bath Collection, visit hastingstilebath.com .