Hardware

ADTRAN, Inc. to Present at the Cowen 49th Annual Technology, Media & Telecom Conference on June 2, 2021

Saturday, May 15, 2021 - 8:00pm

To listen to the live webcast follow the link\nThe matters discussed at this conference may include certain forward-looking statements that represent the Company\xe2\x80\x99s expectations or beliefs and reflect management\xe2\x80\x99s best judgment based on factors currently known.

Key Points: 
  • To listen to the live webcast follow the link\nThe matters discussed at this conference may include certain forward-looking statements that represent the Company\xe2\x80\x99s expectations or beliefs and reflect management\xe2\x80\x99s best judgment based on factors currently known.
  • These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company\xe2\x80\x99s control.
  • Actual results could differ materially from those projected in the forward-looking statements.
  • Find more at ADTRAN , LinkedIn and Twitter .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210515005003/en/\n'

Sara Siddiqui of Red River Featured on CRN’s 2021 Women of the Channel List

Friday, May 14, 2021 - 9:45pm

b'Red River, a technology transformation company today announced that CRN \xc2\xae, a brand of The Channel Company , has named Sara Siddiqui, Partner Alliance Manager to the highly respected Women of the Channel list for 2021.

Key Points: 
  • b'Red River, a technology transformation company today announced that CRN \xc2\xae, a brand of The Channel Company , has named Sara Siddiqui, Partner Alliance Manager to the highly respected Women of the Channel list for 2021.
  • This annual list recognizes the unique strengths, vision and achievements of female leaders in the IT channel.
  • The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers.\nThe women honored on this year\xe2\x80\x99s list pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic.
  • In 2020, Red River was recognized by several OEM partners with partner of the year honors, and the company continues to expand its partner portfolio.\n\xe2\x80\x9cCRN\xe2\x80\x99s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate channel growth,\xe2\x80\x9d said Blaine Raddon, CEO of The Channel Company.

New Beginnings Acquisition Corp. (NYSE American: NBA) Files Registration Statement on Form S-4 in Conjunction with Proposed Business Combination with Airspan Networks Inc., a Leading 5G Innovator and Disruptor

Friday, May 14, 2021 - 9:28pm

With over 1 million cells shipped to 1,000 customers in more than 100 countries, Airspan has global scale.

Key Points: 
  • With over 1 million cells shipped to 1,000 customers in more than 100 countries, Airspan has global scale.
  • In connection with the Business Combination, NBA has filed the Form S-4 with the SEC, which includes a preliminary proxy statement / prospectus with respect to certain matters upon which NBA stockholders will be asked to vote.
  • A list of the names of those directors and executive officers and a description of their interests in NBA is contained in the preliminary proxy statement / prospectus contained in the Form S-4.
  • There can be no assurance that the data contained herein is reflective of future performance to any degree.

nVent Announces Share Repurchase Authorization

Friday, May 14, 2021 - 9:23pm

b'nVent Electric plc (NYSE:NVT) (\xe2\x80\x9cnVent\xe2\x80\x9d), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares.

Key Points: 
  • b'nVent Electric plc (NYSE:NVT) (\xe2\x80\x9cnVent\xe2\x80\x9d), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares.
  • The program begins on July 23, 2021, upon the expiration of nVent\xe2\x80\x99s current share repurchase programs.
  • As of March 31, 2021, the company had approximately 168 million common shares outstanding.\nThe authorization does not constitute a commitment to repurchase shares.
  • nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005533/en/\n'

OutSystems Recognized as ‘the Developers’ Choice - and an SI Darling’ in Latest Industry Analysis

Friday, May 14, 2021 - 6:39pm

The report focuses on the critical need to develop applications quickly and undergo constant iteration, recognizing OutSystems as a Leader among the 14 software providers evaluated.

Key Points: 
  • The report focuses on the critical need to develop applications quickly and undergo constant iteration, recognizing OutSystems as a Leader among the 14 software providers evaluated.
  • Forrester states that OutSystems \xe2\x80\x9c....brings a unique vision of turning customers into \xe2\x80\x98elite software performers\xe2\x80\x99 on its platform\xe2\x80\xa6\xe2\x80\x9d\nForrester is a pioneer in researching application development trends and platforms.
  • The OutSystems modern application platform\xe2\x80\x99s high productivity, connected, and AI-assisted tools help developers rapidly build and deploy a full range of applications anywhere the organization requires.
  • Visit us at www.outsystems.com or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005422/en/\n'

Teledyne Completes Acquisition of FLIR

Friday, May 14, 2021 - 3:01pm

FLIR will now be included in Teledyne\xe2\x80\x99s Digital Imaging segment and operate under the name Teledyne FLIR.\nUnder the terms of the agreement, FLIR stockholders received $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of approximately $57.40 per FLIR share based on Teledyne\xe2\x80\x99s closing price on May 13, 2021.

Key Points: 
  • FLIR will now be included in Teledyne\xe2\x80\x99s Digital Imaging segment and operate under the name Teledyne FLIR.\nUnder the terms of the agreement, FLIR stockholders received $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of approximately $57.40 per FLIR share based on Teledyne\xe2\x80\x99s closing price on May 13, 2021.
  • Edwin Roks, current Vice President of Teledyne and President of Teledyne\xe2\x80\x99s Digital Imaging Segment, is now Executive Vice President of Teledyne.
  • Edwin will continue to serve as President of Teledyne\xe2\x80\x99s Digital Imaging Segment, which now includes Teledyne FLIR.
  • In addition, Todd Booth is promoted to Senior Vice President and Chief Financial Officer for the acquired Teledyne FLIR group of businesses.\n\xe2\x80\x9cWe appreciate the support from our stockholders, and I am delighted to welcome FLIR to the Teledyne family,\xe2\x80\x9d said Robert Mehrabian, Executive Chairman of Teledyne.

Code42 Makes Inc. Magazine’s Annual List of Best Workplaces for 2021

Friday, May 14, 2021 - 3:15pm

b'Code42 , the Insider Risk Management leader, has been named to Inc. magazine\xe2\x80\x99s annual list of the Best Workplaces for the second year in a row.

Key Points: 
  • b'Code42 , the Insider Risk Management leader, has been named to Inc. magazine\xe2\x80\x99s annual list of the Best Workplaces for the second year in a row.
  • Employee feedback on the Inc. Best Workplaces survey ranked Code42 highly for employee engagement, development opportunities and collaboration.
  • Code42 was recognized by Inc. magazine as one of America\xe2\x80\x99s best workplaces in 2020.
  • Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries.

MetroNet Connecting More to Broadband Services at Lower Rates with Emergency Broadband Benefit Program and Waive of Tech Fee

Friday, May 14, 2021 - 2:04pm

Existing and new MetroNet customers that qualify for the program are eligible to receive the monthly discount of up to $50, excluding taxes and fees.

Key Points: 
  • Existing and new MetroNet customers that qualify for the program are eligible to receive the monthly discount of up to $50, excluding taxes and fees.
  • MetroNet will also offer an additional credit for eligible new customers that sign up for MetroNet\xe2\x80\x99s EBBP symmetrical 100 Mb package.
  • Once approved, eligible households will receive a verification number and may then contact the MetroNet support team at (855) 806-7324.
  • MetroNet is committed to bringing state-of-the-art telecommunication services to communities \xe2\x80\x94 services that are comparable or superior to those offered in large metropolitan areas.

Xpeedic On-Chip Passive EM Simulation Suite Certified for Samsung Foundry 8LPP Process Technology

Friday, May 14, 2021 - 1:00pm

b'Xpeedic today announced that its on-chip passive EM simulation suite has been certified by Samsung Foundry for its advanced 8LPP (8nm Low Power Plus) process technology.

Key Points: 
  • b'Xpeedic today announced that its on-chip passive EM simulation suite has been certified by Samsung Foundry for its advanced 8LPP (8nm Low Power Plus) process technology.
  • \xe2\x80\x9cWith the qualification of Xpeedic\xe2\x80\x99s 3D full-wave EM suite, our mutual customers will be able to create models and run EM simulation with confidence.\xe2\x80\x9d\n"We are very pleased that IRIS has been able to meet Samsung Foundry\xe2\x80\x99s accuracy requirement and thus certified for its 8LPP process," said Dr. Feng Ling, CEO of Xpeedic.
  • "As a Samsung Advanced Foundry Ecosystem (SAFE) program member, Xpeedic will continue the collaboration with Samsung Foundry on various process technologies to help our mutual clients with innovative solutions and services.\xe2\x80\x9d\nIRIS is the state-of-the-art EM simulation technology tailored for Advanced Process Nodes.
  • It has sophisticated advanced process node features such as width/spacing-dependent metal bias, and is widely adopted by fabless design companies.

Trio-Tech Third Quarter Net Income Increased to $0.04 Per Share Versus $0.02

Friday, May 14, 2021 - 1:30pm

Third quarter revenue from semiconductor testing services decreased 6% to $3,504,000 from $3,741,000 for the same quarter last year, primarily due to a decrease in demand from major customers.

Key Points: 
  • Third quarter revenue from semiconductor testing services decreased 6% to $3,504,000 from $3,741,000 for the same quarter last year, primarily due to a decrease in demand from major customers.
  • Revenue from the distribution of semiconductor manufacturing and testing equipment decreased 34% to $1,467,000 from $2,225,000 for the third quarter last year, reflecting generally lower customer demand.
  • Other income of $440,000 for last year\xe2\x80\x99s third quarter included similar grants of $263,000.\nNet income attributable to Trio-Tech International Common Shareholders for the three months ended March 31, 2021 increased to $178,000, or $0.04 per diluted share, compared to $70,000, or $0.02 per diluted share, for the third quarter of fiscal 2020.\nS.W.
  • Manufacturing revenue increased 4% to $9,324,000 from $8,881,000, while testing services revenue declined 17% to $10,018,000 from $12,018,000.