IPG

IPG Photonics and Miller Electric Mfg. LLC Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market

Retrieved on: 
Tuesday, November 7, 2023

LLC, a leading worldwide manufacturer of arc welding products, today announced a strategic partnership with a goal to further promote laser solutions for handheld welding applications.

Key Points: 
  • LLC, a leading worldwide manufacturer of arc welding products, today announced a strategic partnership with a goal to further promote laser solutions for handheld welding applications.
  • The combination of IPG Photonics’ expertise in fiber laser technology and Miller’s extensive knowledge of the unique needs of traditional welding methods will bring ease of use, speed and precision, transforming the handheld welding process.
  • IPG Photonics and Miller Electric are renowned for their unwavering commitment to innovation and are synonymous with quality and reliability.
  • "We are excited to embark on this partnership with Miller Electric, as it allows us to pioneer new frontiers in handheld welding technology.

IPG Photonics Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 31, 2023

MARLBOROUGH, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) --   IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Our medical sales also increased following an inventory adjustment by a large customer in the prior quarter," said Dr. Eugene Scherbakov, IPG Photonics' Chief Executive Officer.
  • Foreign exchange transaction gains increased operating income by $0.4 million and earnings per share by $0.01 in the third quarter.
  • During the third quarter, IPG generated $86 million in cash from operations and spent $26 million on capital expenditures and $46 million on share repurchases.
  • For the fourth quarter of 2023, IPG expects revenue of $270 million to $300 million.

Interpublic Declares Common Stock Dividend

Retrieved on: 
Monday, October 30, 2023

New York, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.31 per share, payable on December 15, 2023, to holders of record at the close of business on December 1, 2023.

Key Points: 
  • New York, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.31 per share, payable on December 15, 2023, to holders of record at the close of business on December 1, 2023.

New API Extends the Utility of ATX Visium SBB Security Adapter in Enterprise Environments

Retrieved on: 
Tuesday, October 31, 2023

ATX Networks , a global leader in broadband access and media distribution solutions, recently upgraded the Visium™ Set-Back Box (SBB), the company’s pocket-sized security adapter, with a generic Application Programming Interface (API) that enables the device to be controlled by third-party enterprise-grade management systems.

Key Points: 
  • ATX Networks , a global leader in broadband access and media distribution solutions, recently upgraded the Visium™ Set-Back Box (SBB), the company’s pocket-sized security adapter, with a generic Application Programming Interface (API) that enables the device to be controlled by third-party enterprise-grade management systems.
  • The API allows businesses with screens in public areas to control electronic equipment and audio/visual solutions from a central location.
  • The Visium SBB is a competitively priced Pro:Idiom®-compatible security adapter that brings world-class encryption and an Interactive Program Guide (IPG) to hospitality sites not equipped with commercial televisions.
  • The addition of the API extends the applicability of the Visium SBB to additional enterprise environments, specifically commercial locations where controlling televisions through a remote control is unmanageable or impractical.

Reality Check: IPG's Virtual Showroom Transforms Ecommerce Packaging

Retrieved on: 
Tuesday, October 31, 2023

SARASOTA, Fla., Oct. 31, 2023 /PRNewswire-PRWeb/ -- IPG (Intertape Polymer Group), a leading packaging company, has taken a giant leap forward in reshaping the world of ecommerce with its new virtual showroom, accessible through both virtual reality (VR) and augmented reality (AR). This innovative tool, available on IPG's website, allows users to step inside a virtual showroom where they can experience various products and machinery up close.

Key Points: 
  • SARASOTA, Fla., Oct. 31, 2023 /PRNewswire-PRWeb/ -- IPG (Intertape Polymer Group), a leading packaging company, has taken a giant leap forward in reshaping the world of ecommerce with its new virtual showroom, accessible through both virtual reality (VR) and augmented reality (AR).
  • IPG's virtual showroom isn't just a novel concept; it's a game-changer for businesses seeking to optimize their packaging processes.
  • The virtual reality training spaces allow users to explore packaging machines with a 360 degree view and learn different features with video demonstrations.
  • As businesses strive to adapt and thrive in the ever-evolving world of e-commerce, tools like IPG's virtual showroom are invaluable.

Interpublic Announces Third Quarter and First Nine Months 2023 Results

Retrieved on: 
Friday, October 20, 2023

First nine months 2023: Total revenue, which includes billable expenses, was $7.87 billion, compared $7.94 billion in the first nine months of 2022.

Key Points: 
  • First nine months 2023: Total revenue, which includes billable expenses, was $7.87 billion, compared $7.94 billion in the first nine months of 2022.
  • In the third quarter of 2023, operating income was $376.8 million compared to $341.8 million in 2022.
  • In the first nine months of 2023, operating income was $875.8 million compared to $936.6 million in 2022.
  • Depreciation and amortization expense decreased by 1.5% during the third quarter of 2023 and decreased by 1.4% during the first nine months of 2023.

IPG Names Jayna Kothary Chief Solutions Architect

Retrieved on: 
Wednesday, October 18, 2023

New York, NY, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that Jayna Kothary will be taking on a new role as IPG’s Chief Solutions Architect, moving to IPG from its subsidiary MRM, where she had been the Global Chief Technology Officer at the relationship marketing and martech company.

Key Points: 
  • New York, NY, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that Jayna Kothary will be taking on a new role as IPG’s Chief Solutions Architect, moving to IPG from its subsidiary MRM, where she had been the Global Chief Technology Officer at the relationship marketing and martech company.
  • Jayna begins her new role at IPG on November 1, and will report to IPG CEO Philippe Krakowsky.
  • In the new position, Jayna will architect technology teams and solutions for IPG clients that integrate the company’s data, platform and commerce capabilities to drive accelerated growth for brands and marketers.
  • Having Jayna join the central corporate team at IPG will further our success at driving growth for clients across the portfolio,” commented Philippe Krakowsky, CEO of IPG.

Threedium Secures $11 Million Series A Led by Interpublic Group To Revolutionize High-Fidelity 3D Commerce

Retrieved on: 
Wednesday, October 25, 2023

The funds will drive the progression of spatial computing and 3D content production on the web.

Key Points: 
  • The funds will drive the progression of spatial computing and 3D content production on the web.
  • Threedium's proprietary 3D and AR engine, Unlimited3D has the highest fidelity 3D assets across web and mobile, with real-time customizable AR.
  • Mike Charalambous, Co-founder and CEO of Threedium explains, "The world of static 2D e-commerce is becoming archaic.
  • Threedium's recent funding round highlights heightened interest in 3D and AR technology, indicating industry momentum towards an immersive web.

Quad Names Industry Veteran to Lead Growing Media Unit

Retrieved on: 
Wednesday, October 18, 2023

Global marketing experience (MX) company, Quad (NYSE: QUAD), announced today that Joshua Lowcock, a proven authority on media and data, will join the company as President of Quad Media.

Key Points: 
  • Global marketing experience (MX) company, Quad (NYSE: QUAD), announced today that Joshua Lowcock, a proven authority on media and data, will join the company as President of Quad Media.
  • We are excited to welcome Joshua to Quad.”
    As the head of Quad Media, Lowcock will build a differentiated, cohesive and market-leading audience targeting and media engagement offering for the marketing experience company.
  • He will also oversee the company’s high-impact Connections Planning team, which complements its leading omnichannel media offerings.
  • “Joshua brings the ideal blend of global media experience, data expertise and strategic vision to lead our growing media efforts,” said Eric Ashworth, President, Quad Agency Solutions and Executive Vice President, Product and Market Strategy.

The Biggest Names of the Media Ecosystem Join Together at the 10th Annual Brand Safety Summit

Retrieved on: 
Monday, October 23, 2023

NEW YORK, Oct. 23, 2023 /PRNewswire/ -- The Brand Safety Summit, produced by The 614 Group, returns to New York City on November 1 & 2. Since its launch in 2014, the summit has evolved into a cornerstone event that brings together senior audiences of global brands, agencies, platforms, publishers, and technology executives, to address pressing issues and opportunities in the digital ecosystem. This year, speakers like Ben Nimmo the Global Lead for Threat Intelligence at Meta, Tracy Elizabeth the Head of Family Safety and Developmental Health at TikTok, and Sheila Colclasure the Global Chief Digital Responsibility and Public Policy Officer at IPG will be taking the stage.

Key Points: 
  • NEW YORK, Oct. 23, 2023 /PRNewswire/ -- The Brand Safety Summit, produced by The 614 Group, returns to New York City on November 1 & 2.
  • The summit is a forum to address the ongoing challenges that key industry stakeholders face head-on and provide tools to drive success and protect brand reputations.
  • On November 2, the flagship event, Brand Safety Summit, continues with a curated agenda where senior media industry leaders will engage in essential dialogues on ensuring brand and consumer safety in digital environments.
  • "In the Brand Safety Summit's 10th year, we're including even more voices from across the industry, and highlighting the themes of usage and content safety, two incredibly important and timely topics," said Rob Rasko, President, Brand Safety Summit.