Digital Equipment Corporation

D-Wave Bolsters Executive Leadership Team for Rapid Growth and Strategic Execution

Retrieved on: 
Monday, March 18, 2024

D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.

Key Points: 
  • D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.
  • His expertise in devising innovative GTM strategies for optimization applications will help D-Wave effectively capitalize on the industry transition to the operational use of quantum computing.
  • In his new role as Chief Development Officer, Dr. Trevor Lanting's responsibilities now include D-Wave's product roadmap and initiatives to advance the science of quantum computing.
  • "This is a watershed moment as enterprise customers are starting to move quantum applications into production," said Dr. Alan Baratz, CEO of D-Wave.

Sharp Now Shipping Digital Production Presses

Retrieved on: 
Monday, April 1, 2024

MONTVALE, N.J., April 1, 2024 /PRNewswire/ -- Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC), today announced the availability of its new BP-1200C 4-Color and 1200S 6-Color Digital Production Presses. Built with proven technology, these machines combine the value of highly automated, agile digital production with exceptional image quality and stunning embellishment effects.

Key Points: 
  • MONTVALE, N.J., April 1, 2024 /PRNewswire/ -- Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC), today announced the availability of its new BP-1200C 4-Color and 1200S 6-Color Digital Production Presses.
  • In addition to the launch of its production-level digital printing presses, Sharp shared news of the launch of its new Sharp Production Print Program (SP3), a white-glove, dedicated support structure to ensure value-added expanded services as businesses grow their production print offerings.
  • "At Sharp, we are constantly pushing the boundaries of innovation and breaking into the digital production press market, and our new digital presses are great examples of that," stated Dino Pagliarello, Vice President of Product Management and Production Print, SIICA.
  • As part of this series, Sharp also plans to launch two monochrome digital presses in late Spring 2024.

Ethisphere Names Western Digital as One of the 2024 World's Most Ethical Companies® for the Sixth Time

Retrieved on: 
Monday, March 4, 2024

Western Digital Corporation (NASDAQ: WDC) has received the 2024 World’s Most Ethical Companies ® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • Western Digital Corporation (NASDAQ: WDC) has received the 2024 World’s Most Ethical Companies ® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
  • View the full release here: https://www.businesswire.com/news/home/20240304388376/en/
    "World's Most Ethical Companies" and "Ethisphere" names and marks are registered trademarks of Ethisphere LLC.
  • Western Digital has been recognized six times and is one of only five honorees in the technology industry.
  • To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees .

Kioxia and Western Digital’s Joint Venture To Receive Up To 150 Billion Yen Government Subsidy for Yokkaichi and Kitakami Plants

Retrieved on: 
Tuesday, February 6, 2024

The subsidy will be granted under a designated government program aimed at facilitating corporate investment in cutting-edge semiconductor production facilities and securing stable production of semiconductors in Japan.

Key Points: 
  • The subsidy will be granted under a designated government program aimed at facilitating corporate investment in cutting-edge semiconductor production facilities and securing stable production of semiconductors in Japan.
  • This marks the second time that Kioxia’s and Western Digital’s joint venture manufacturing facilities are receiving this subsidy from the Japanese government.
  • Previously, the joint venture manufacturing facility at Yokkaichi was approved to receive up to 92.9 billion yen subsidy from the Japanese government in 2022.
  • Leveraging an over 20-year joint venture partnership, Kioxia and Western Digital will continue to enhance the development and production capabilities of cutting-edge flash memory at the Yokkaichi and Kitakami plants in Japan.

Daré Bioscience Announces Executive Team and Board of Directors Changes

Retrieved on: 
Friday, January 26, 2024

We also appreciate Dr. Blanchard’s and Dr. Ononye-Onyia’s seasoned counsel and insights as Board members and their future support as advisors,” said Sabrina Martucci Johnson, President and CEO of Daré Bioscience.

Key Points: 
  • We also appreciate Dr. Blanchard’s and Dr. Ononye-Onyia’s seasoned counsel and insights as Board members and their future support as advisors,” said Sabrina Martucci Johnson, President and CEO of Daré Bioscience.
  • Following a periodic assessment by our Board of Directors of its size and composition, our Board determined that a reduction in the number of directors would help rightsize the Board to our current operations and further align the size of our Board with boards of companies of similar size.
  • The size of our Board will be reduced from eight to six members effective as of our 2024 annual meeting of stockholders.
  • In addition, in connection with the periodic assessment, our Board also determined to reduce the annual cash compensation payable to non-employee directors to the 25th percentile of our peer group of companies.

Eaton Appoints Board Member, Olivier Leonetti, Executive Vice President and Chief Financial Officer; Expects Strong Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Wednesday, January 17, 2024

Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024.

Key Points: 
  • Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024.
  • However, last year, my personal situation changed, and I now need to be based with my family in Arizona.
  • Olivier and I will work together in the next few weeks to make sure the transition is seamless.
  • I have tremendous confidence in Eaton’s future and am looking forward to participating in the upcoming earnings call.”
    Leonetti joins Eaton from Johnson Controls, where he served as executive vice president and chief financial officer.

Navitas Semiconductor Names Janet Chou Chief Financial Officer

Retrieved on: 
Wednesday, January 10, 2024

TORRANCE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, announced the appointment of Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of Navitas’ 2023 annual report on Form 10‑K expected at the end of February.

Key Points: 
  • TORRANCE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, announced the appointment of Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of Navitas’ 2023 annual report on Form 10‑K expected at the end of February.
  • Following the Form 10-K filing, Shelton will provide advice and assistance to Sheridan and transition assistance and support to Chou.
  • “While I wish Ron all the best in his next career move, I am also very excited to welcome Janet Chou as our new CFO.
  • She was previously CFO of JCET Group Co., Ltd., a $5 billion global semiconductor company listed on the Shanghai Stock Exchange.

Calian Reports Unaudited Results for the Fourth Quarter and FY23

Retrieved on: 
Monday, November 27, 2023

OTTAWA, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its unaudited results for the fourth quarter and FY23 ended September 30, 2023.

Key Points: 
  • “We finished the year with a record quarter as revenues, gross margin and adjusted EBITDA reached new historical highs,” said Kevin Ford, Calian Chief Executive Officer.
  • “In FY23 we generated double-digit revenue growth with all four segments contributing.
  • “In FY23 we generated $45 million in operating free cash flow, representing a 68% conversion rate from adjusted EBITDA,” said Patrick Houston, Calian CFO.
  • On November 6, 2023, Calian appointed Michael Tremblay to the position of President, IT and Cyber Solutions effective December 1, 2023.

Preeminent distributor of drilling and pile driving foundation equipment selects C2CRM to manage and automate their Customer Relationships and unique Sales Processes

Retrieved on: 
Monday, December 4, 2023

Clear C2, Inc. today announced that Equipment Corporation of America (ECA) has selected C2CRM over other CRM vendors to automate their Customer Relationships, Sales, and Marketing processes.

Key Points: 
  • Clear C2, Inc. today announced that Equipment Corporation of America (ECA) has selected C2CRM over other CRM vendors to automate their Customer Relationships, Sales, and Marketing processes.
  • “With C2CRM, it has allowed our sales team to get a more complete and accurate view of customer info by uniformly tracking sales numbers by region, manufacturer and category,” said Jeff Harmston, ECA's VP of Sales and Marketing.
  • Jeff goes on to say, “We are also able to email our quotes out of the system with custom PDFs and then manage the pipeline more efficiently.”
    C2CRM was designed to help companies like ECA increase organizational efficiency, strengthen customer loyalty, and improve business processes and sales effectiveness.
  • Accessible to everyone in the organization via its cloud-based solution and mobile application, C2CRM offers instant access to critical customer and prospect information that enables users to maximize their opportunities and increase customer satisfaction.

CVD Equipment Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the third quarter ended September 30, 2023.
  • Emmanuel Lakios, President and CEO of CVD Equipment Corporation, commented, “As previously communicated, our order and revenue levels have historically fluctuated, which is often typical in the highly cyclical process equipment industry.
  • Orders for the third quarter were $4.1 million driven by continued demand in the aerospace sector.
  • Backlog as of September 30, 2023 of $16.6 million, a decrease from $18.8 million at June 30, 2023.