Hardware

Anzu Special Acquisition Corp I Announces Pricing of Upsized $420,000,000 Initial Public Offering

Tuesday, March 2, 2021 - 1:31am

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) (the Company) today announced the pricing of its initial public offering of 42,000,000 units at a price of $10.00 per unit.

Key Points: 
  • Anzu Special Acquisition Corp I (NASDAQ: ANZUU) (the Company) today announced the pricing of its initial public offering of 42,000,000 units at a price of $10.00 per unit.
  • Once the securities comprising the units begin separate trading, the shares and warrants are expected to be traded on the Nasdaq under the symbols ANZU and ANZUW, respectively.
  • The offering is expected to close on March 4, 2021, subject to customary closing conditions.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds.

FUJI and Motus Ventures Collaborating on Robotics and AI

Tuesday, March 2, 2021 - 12:00am

Motus is thrilled to collaborate with FUJI and our other limited partners to source, invest in, support, and help grow the leading startups in robotics, AI, autonomy, and related fields, said Jim DiSanto, Managing Partner of Motus Ventures.

Key Points: 
  • Motus is thrilled to collaborate with FUJI and our other limited partners to source, invest in, support, and help grow the leading startups in robotics, AI, autonomy, and related fields, said Jim DiSanto, Managing Partner of Motus Ventures.
  • Shinsuke Suhara, President and COO of FUJI commented about the partnership: FUJI is looking forward to promoting our open innovation activity further through partnership with Motus Ventures.
  • FUJI Corporation is a global leader in robotics and automation for manufacturing of electronic devices and the automotive industry.
  • FUJI Innovation Lab is the open innovation arm of FUJI Corporation, which has an office in Cupertino, CA.

Square Financial Services Begins Banking Operations

Monday, March 1, 2021 - 11:00pm

Today, Square, Inc. announced its industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions.

Key Points: 
  • Today, Square, Inc. announced its industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions.
  • Moving forward, Square Financial Services will be the primary provider of financing for Square sellers across the U.S.
  • Bringing banking capability in-house enables us to operate more nimbly, which will serve Square and our customers as we continue the work to create financial tools that serve the underserved, said Amrita Ahuja, Square, Inc. Chief Financial Officer and Executive Chairwoman of the board of directors for Square Financial Services.
  • Completing the Square Financial Services executive team are leaders who bring collective deep experience across banking, finance, and lending.

Newegg Honors 2021 Eggie Award Winners

Monday, March 1, 2021 - 9:49pm

Newegg , one of the leading tech-focused e-retailers in North America, has unveiled its list of 2021 Eggie Award honorees.

Key Points: 
  • Newegg , one of the leading tech-focused e-retailers in North America, has unveiled its list of 2021 Eggie Award honorees.
  • Neweggs annual awards recognize key contributions made by the companys partners during the past calendar year.
  • This years Eggie Awards recognize great work under extraordinary circumstances, and were pleased to honor their contributions as we look forward to our continued collaboration in 2021 and beyond.
  • The 2021 Eggie Award honorees are:
    Partners of the Year AMD, ASUS, MSI & Gigabyte

GrafTech Announces Secondary Offering of Common Stock by Existing Stockholder

Monday, March 1, 2021 - 9:30pm

GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced that an affiliate of Brookfield Asset Management Inc. and Brookfield Business Partners LP, members of the Brookfield consortium that has an existing ownership interest in GrafTech, intends, subject to market conditions, to offer 30,000,000 shares of GrafTech common stock in an underwritten secondary offering.

Key Points: 
  • GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced that an affiliate of Brookfield Asset Management Inc. and Brookfield Business Partners LP, members of the Brookfield consortium that has an existing ownership interest in GrafTech, intends, subject to market conditions, to offer 30,000,000 shares of GrafTech common stock in an underwritten secondary offering.
  • The selling stockholder will receive all of the net proceeds from the offering.
  • GrafTech is not offering any shares of common stock in the offering.
  • The offering of the common stock will be made only by means of the prospectus and related prospectus supplement.

Elastic Announces New Elastic Stack Alerting Framework Now Generally Available in Kibana

Monday, March 1, 2021 - 9:20pm

Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack , recently announced a new way for users to create, manage and monitor alerts and notifications across the Elastic Stack and external systems with a generally available alerting framework in Kibana.

Key Points: 
  • Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack , recently announced a new way for users to create, manage and monitor alerts and notifications across the Elastic Stack and external systems with a generally available alerting framework in Kibana.
  • Powered by the speed and scale of Elasticsearch and deeply integrated into the Elastic solutions, the new alerting framework gives users the power and flexibility to build notifications that drive awareness and action.
  • The alerting framework in Kibana integrates with popular third-party platforms, including PagerDuty, Jira, ServiceNow and Microsoft Teams, enabling customers to spot, react to and resolve issues in real time.
  • Elastic announced the beta of the new alerting framework in Elastic 7.7 and with its general availability launch in Elastic 7.11 the alerting framework in Kibana is now the default alerting capability for the Elastic Stack.

Cohu Announces Proposed Public Offering of 4,500,000 Shares of Common Stock

Monday, March 1, 2021 - 9:01pm

Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it has commenced an underwritten public offering of 4,500,000 shares of its common stock.

Key Points: 
  • Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it has commenced an underwritten public offering of 4,500,000 shares of its common stock.
  • All of the shares in the proposed offering will be sold by Cohu.
  • In addition, Cohu expects to grant the underwriters a 30-day option to purchase up to an additional 675,000 shares of its common stock in the proposed offering at the public offering price, less underwriting discounts and commissions.
  • Forward-looking statements are information of a non-historical nature and include statements regarding the timing, size and completion of the proposed public offering of common stock and granting the underwriters a 30-day option to purchase additional shares, and use of proceeds of the proposed public offering.

Alarm.com Connected Car Solution Extends Modern Security Technology to Vehicles

Monday, March 1, 2021 - 9:02pm

Alarm.com Connected Car, developed in collaboration with vehicle telematics solutions pioneer CalAmp (Nasdaq: CAMP), offers all the benefits of a vehicle monitoring solution plus the unique benefit of deep integration with the Alarm.com smart home security system.

Key Points: 
  • Alarm.com Connected Car, developed in collaboration with vehicle telematics solutions pioneer CalAmp (Nasdaq: CAMP), offers all the benefits of a vehicle monitoring solution plus the unique benefit of deep integration with the Alarm.com smart home security system.
  • Compatible with most cars manufactured since 1996, the Connected Car device plugs into a vehicles OBD-II port for easy self-installation, reducing the need for costly truck rolls to add the device.
  • I love having my home and car connected through one system and the consistency of Connected Car, said Taylor Proudfit, COO at Titan Alarm in Phoenix, Ariz.
  • Connected Car is available through authorized Alarm.com service providers in the U.S. and Canada as a standalone solution or add-on to an existing Alarm.com-powered system.