DCM

DATA Communications Management Corp. Announces C$25,000,000 Marketed Private Placement Offering

Retrieved on: 
Tuesday, May 2, 2023

BRAMPTON, Ontario, May 02, 2023 (GLOBE NEWSWIRE) -- DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf of a syndicate of agents (collectively, the “Agents”), whereby the Agents will raise up to C$25,000,000 (the “Offering”) through a “best efforts” private placement of up to 8,333,333 common shares of the Company (the “Common Shares”) to be priced at C$3.00 per Common Share. The Agents shall have an option (the “Agents’ Option”), exercisable in whole or in part, until 48 hours prior to the Closing Date to offer and sell up to an additional 1,666,666 Shares, on the same terms and conditions as the Offering.

Key Points: 
  • The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.
  • The securities to be issued under this Offering will be offered by way of private placement exemptions in all the provinces of Canada.
  • This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.
  • Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the issuer and its management, as well as financial statements.

DATA Communications Management Corp. Completes Acquisition of Canadian Operations of R.R. Donnelley & Sons

Retrieved on: 
Tuesday, April 25, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, today announced the closing of its previously announced acquisition of the Canadian operations of R.R.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, today announced the closing of its previously announced acquisition of the Canadian operations of R.R.
  • Donnelley & Sons (“RRD Canada”) for a total cash purchase price of $130.8 million, subject to final working capital and other customary post-closing adjustments.
  • Boston Consulting Group provided due diligence counsel to DCM on the acquisition and is serving as lead merger integration advisor to DCM.
  • In addition, Clarus Securities Inc. and PricewaterhouseCoopers LLC acted as financial advisors to DCM and McCarthy Tétrault LLP served as legal counsel to DCM.

DATA Communications Management Corp. Announces Receipt of No-Action Letter from Canadian Competition Bureau

Retrieved on: 
Wednesday, March 29, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, today announced that it has received a “no-action letter” from the Canadian Competition Bureau, confirming that the Commissioner of Competition does not intend to challenge DCM’s acquisition of the Canadian operations of R.R.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, today announced that it has received a “no-action letter” from the Canadian Competition Bureau, confirming that the Commissioner of Competition does not intend to challenge DCM’s acquisition of the Canadian operations of R.R.
  • Donnelley & Sons Company.
  • The receipt of the “no-action letter” satisfies one of the conditions necessary for completion of this transaction.
  • The transaction is expected to close in the second quarter of 2023, subject to the satisfaction of other customary closing conditions.

Viakoo Continues Rapid Growth in 2023, Following Major IoT Security Market Growth

Retrieved on: 
Tuesday, March 28, 2023

MOUNTAIN VIEW, Calif., March 28, 2023 /PRNewswire/ -- Viakoo, the leader in IoT (internet of things) vulnerability remediation, today announced significant momentum in 2023 amid continued market growth. Viakoo has closed notable new customer-driven partnerships, including a recent partnership with Presidio, and product innovation to drive the industry forward. Since launching the Viakoo Action Platform, Viakoo has consistently met and anticipated the growing demand for enterprise IoT applications and device management and vulnerability remediation at scale. The company has also achieved corporate growth, expanding its executive leadership team to continue driving product innovations that meet customer needs. 

Key Points: 
  • Driven by product excellence and key strategic partnerships, Viakoo continues to outpace competitors in IoT security
    MOUNTAIN VIEW, Calif., March 28, 2023 /PRNewswire/ -- Viakoo , the leader in IoT (internet of things) vulnerability remediation, today announced significant momentum in 2023 amid continued market growth.
  • Since launching the Viakoo Action Platform , Viakoo has consistently met and anticipated the growing demand for enterprise IoT applications and device management and vulnerability remediation at scale.
  • Cyberattacks on IoT devices are accelerating at an unprecedented rate, with over 2.5 billion global events since 2019, according to the IoT Security Global Market Report 2022 .
  • Viakoo was also named the IoT Security Platform of the Year by the IoT Breakthrough Awards, earning distinction among more than 4,000 nominations from around the world.

Former Trimble Sales Executive Bob Flaherty Joins Locusview as Vice President of Sales

Retrieved on: 
Thursday, March 23, 2023

CHICAGO, March 23, 2023 /PRNewswire-PRWeb/ -- Locusview, a pioneer in digital construction management (DCM) for utilities, recently welcomed former Trimble executive Bob Flaherty as its new Vice President of Sales. Bob joins Locusview's North American sales team, working with Chuck Lang, who was recently promoted to Senior Vice President of Global Sales.

Key Points: 
  • Flaherty joins Locusview's North American sales team, working with Chuck Lang, who was recently promoted to Senior Vice President of Global Sales.
  • CHICAGO, March 23, 2023 /PRNewswire-PRWeb/ -- Locusview, a pioneer in digital construction management (DCM) for utilities, recently welcomed former Trimble executive Bob Flaherty as its new Vice President of Sales.
  • Bob joins Locusview's North American sales team, working with Chuck Lang, who was recently promoted to Senior Vice President of Global Sales.
  • While in this role, Bob led Trimble sales, pre-sales, inside sales, partner channel, and delivery teams working with multi-billion-dollar Tier 1 utility companies.

Data Communications Management Corp. Announces Fiscal 2022 and Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, March 21, 2023

Gross margin growth exceeded revenue growth, reflecting the Company’s commitment to operational success and driving higher levels of net income.

Key Points: 
  • Gross margin growth exceeded revenue growth, reflecting the Company’s commitment to operational success and driving higher levels of net income.
  • Revenue for fiscal 2022 was up +16.3%, or +$38.5 million, vs. 2021 (YA), for total revenues of $273.8 million;
    Gross profit accelerated +21.1%, or +$14.7 million, vs.
  • Mr. Kellam, and James Lorimer, CFO, will present the fiscal 2022 and fourth quarter 2022 results followed by a live Q&A period.
  • TABLE 1 The following table sets out selected historical consolidated financial information for the periods noted.

Power Integrations Launches 900 V GaN Flyback Switcher ICs

Retrieved on: 
Monday, March 20, 2023

APEC 2023 – Power Integrations (NASDAQ: POWI ), the leader in high-voltage integrated circuits (ICs) for energy-efficient power conversion, today announced a 900-volt gallium-nitride (GaN) extension to the company’s InnoSwitch3 ™ family of flyback switcher ICs.

Key Points: 
  • APEC 2023 – Power Integrations (NASDAQ: POWI ), the leader in high-voltage integrated circuits (ICs) for energy-efficient power conversion, today announced a 900-volt gallium-nitride (GaN) extension to the company’s InnoSwitch3 ™ family of flyback switcher ICs.
  • View the full release here: https://www.businesswire.com/news/home/20230320005176/en/
    Power Integrations Launches 900 V GaN Flyback Switcher ICs (Photo: Business Wire)
    “The dominant bus voltage for electric vehicles is 400 volts,” stated Peter Vaughan, automotive business development director at Power Integrations.
  • “Our ability to deliver GaN parts rated at up to 900 volts demonstrates the reliability and ruggedness of our PowiGaN technology,” stated Silvestro Fimiani, senior product marketing manager at Power Integrations.
  • The new 900-volt InnoSwitch3-EP and InnoSwitch3-AQ off-line CV/CC flyback switcher ICs employ synchronous rectification, a valley switching discontinuous conduction mode (DCM) and continuous conduction mode (CCM) flyback controller.

Navitas Takes GaN Integration to Next Level with GaNSense™ Control

Retrieved on: 
Monday, March 20, 2023

Each of these power systems also require an optimized, high-speed, low-voltage (LV) silicon system controller which Navitas has developed and integrated with its high-performance GaN ICs to create the industry’s first GaNSense control IC technology.

Key Points: 
  • Each of these power systems also require an optimized, high-speed, low-voltage (LV) silicon system controller which Navitas has developed and integrated with its high-performance GaN ICs to create the industry’s first GaNSense control IC technology.
  • The initial range of GaNSense Control features high-frequency quasi-resonant (HFQR) flybacks supporting QR, DCM, CCM and multiple-frequency, hybrid-mode operations, with frequencies up to 225 kHz.
  • “We’re starting with GaNSense Control for fast-chargers and consumer appliances, as well as auxiliary supplies in servers and data centers.
  • Through those, we are able to maximize the system benefits and Navitas’ value whether using GaN or SiC in next-generation power electronics.”

DCM Day: Web3 and The Future of Media

Retrieved on: 
Friday, March 17, 2023

DCM DAY will focus on the exciting topic of Web3 and the Future of Media, exploring the latest developments and innovations in this rapidly-evolving field.

Key Points: 
  • DCM DAY will focus on the exciting topic of Web3 and the Future of Media, exploring the latest developments and innovations in this rapidly-evolving field.
  • DCM DAY promises to be a must-attend event for anyone interested in the future of media, including media professionals, entrepreneurs, technologists, investors, and anyone curious about the impact of Web3 on the media industry.
  • The panel discussion will cover a range of topics related to Web3 and the Future of Media, including the potential of blockchain technology for media distribution, the impact of NFTs on the media industry, and the role of decentralized finance in funding media projects.
  • The panelists will also explore the challenges and opportunities facing the media industry in the age of Web3, and share their predictions for the future of media.

DATA Communications Management Corp. to Announce Fiscal 2022 and Fourth Quarter 2022 Results on March 21, 2023

Retrieved on: 
Thursday, March 16, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, will announce its Fiscal 2022 and Fourth Quarter 2022 results the evening of Tuesday, March 21, 2023.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions, will announce its Fiscal 2022 and Fourth Quarter 2022 results the evening of Tuesday, March 21, 2023.
  • The Company will host a conference call and webcast on Wednesday, March 22, 2023, at 9:00 a.m. Eastern time.
  • Richard Kellam, President and CEO of DCM, and James Lorimer, CFO, will present the Fiscal 2022 and Fourth Quarter 2022 results followed by a live Q&A period.
  • For those unable to join live, a replay of the webcast will be available on the DCM Investor Relations page.