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Digi International Reports Third Fiscal Quarter 2023 Results

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Thursday, August 3, 2023

Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its third fiscal quarter ended June 30, 2023.

Key Points:

Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its third fiscal quarter ended June 30, 2023.
The segment's third fiscal quarter 2023 revenues of $25 million increased 5% from the same period in the prior fiscal year.
Based on our fiscal fourth quarter guidance combined with year-to-date results, Digi now expects to grow annual revenues at least 14%, which is higher than the growth rate we communicated last quarter.
As announced on July 11, 2023, Digi will discuss its third fiscal quarter results on a conference call on Thursday, August 3, 2023 at 10:00 a.m.

United States Data Center Market Landscape Report 2023: A $110+ Billion Industry by 2028 - Texas is One of the Leading States with Maximum Foreign Trade Zones (FTZs) with Over 30 Trade Zones - ResearchAndMarkets.com

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Thursday, August 3, 2023

The U.S. data center market will witness investments of USD 110.21 billion by 2028, growing at a CAGR of 3.57%.

Key Points:

The U.S. data center market will witness investments of USD 110.21 billion by 2028, growing at a CAGR of 3.57%.
The U.S. data center market has the presence of several participants/vendors that are active and are leading to market growth.
Texas is one of the leading states with maximum Foreign Trade Zones (FTZs) with over 30 trade zones.
What is the estimated market size in terms of area in the U.S. data center market by 2028?

Phylum Launches Partner Program, Introduces Threat Feed of Malicious Open-Source Packages

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Thursday, August 3, 2023

DevOps, GitHub, SCA, EDR, Organization, OEM, Publication, Medical device, Phylum

EVERGREEN, Colo., Aug. 3, 2023 /PRNewswire/ -- Phylum, the software supply chain security company, today announced the launch of its partner program and the availability of its threat feed of open-source malware. Vendors looking to enhance their DevSecOps offerings can easily integrate with the Phylum platform and now incorporate the new threat feed into their products. The threat feed identifies when open-source packages contain malware and can be used to inform package approval processes or be correlated with other sources to contextualize threats.

Key Points:

Vendors looking to enhance their DevSecOps offerings can easily integrate with the Phylum platform and now incorporate the new threat feed into their products.
The threat feed identifies when open-source packages contain malware and can be used to inform package approval processes or be correlated with other sources to contextualize threats.
Phylum's threat feed provides organizations with indicators of compromise for software supply chain attacks in easily consumed formats for existing security tools.
OEM: Phylum can seamlessly integrate its platform or threat feed of open-source malware to add software supply chain features and capabilities to any product.

CARS Reports Second Quarter 2023 Results

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Thursday, August 3, 2023

CHICAGO, Aug. 3, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading digital automotive platform that provides a robust set of digital solutions, today released its financial results for the second quarter ended June 30, 2023.

Key Points:

CHICAGO, Aug. 3, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading digital automotive platform that provides a robust set of digital solutions, today released its financial results for the second quarter ended June 30, 2023.
Revenue for the second quarter totaled $168.2 million, an increase of $5.3 million, or up 3%, compared to the prior year period.
As of June 30, 2023, Dealer Customers totaled 18,785 as compared to 19,186 at the end of the first quarter of 2023.
For the quarter, Average Monthly Unique Visitors were 26.9 million and total Traffic increased 5% to 156.0 million, compared to the second quarter of 2022.

The Road to Safety; the Answer to Driver Tech Distraction Is New Technology

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Thursday, August 3, 2023

"While that's true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted."

Key Points:

"While that's true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted."
SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions recently announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS).
SaverOne's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g.
So, for future driver safety, the race is on for companies to create technology to balance and manage the human error element in using existing technology.

Visteon Announces Second Quarter 2023 Results

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Thursday, August 3, 2023

Visteon, EV, Digital, Electronics, Harley-Davidson, Public expenditure, EBITDA, European, VAN, Growth, OEM, VC, JMC

VAN BUREN TOWNSHIP, Mich., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported second quarter financial results.

Key Points:

VAN BUREN TOWNSHIP, Mich., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported second quarter financial results.
Gross margin in the second quarter was $104 million, and net income attributable to Visteon was $20 million or $0.70 per diluted share.
Adjusted EBITDA, a non-GAAP measure defined below, was $90 million in the second quarter or 9.2% of sales.
The company ended the second quarter with cash of $459 million and debt of $348 million.

ProLogium Welcomes the Green Light Given By the European Commission for Public Grant for Its Gigafactory Project in Dunkirk

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Thursday, August 3, 2023

Today, the European Commission greenlights a substantial grant to support ProLogium's scale-up project in Europe, highlighting ProLogium's contribution to the achievement of the European Green Deal and EU battery strategy.

Key Points:

Today, the European Commission greenlights a substantial grant to support ProLogium's scale-up project in Europe, highlighting ProLogium's contribution to the achievement of the European Green Deal and EU battery strategy.
ProLogium will receive the €1.5 billion grant according to different milestones until 2029.
This project promises significant economic benefits, strengthening both French and European economic sovereignty while driving the transition towards a greener industry.
As part of its expansion, ProLogium will initiate the recruitment process, seeking talented professionals to spearhead these projects.

VVDN launches end-to-end Private 5G Solution for Enterprises for SI, OEMs, Telcos

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Thursday, August 3, 2023

The Private 5G solution comprises VVDN's indigenously designed ORAN Radio Units, customised CU/DU and 5G Core.

Key Points:

The Private 5G solution comprises VVDN's indigenously designed ORAN Radio Units, customised CU/DU and 5G Core.
VVDN has robust production ready radio units for Private 5G Network for multiple countries and markets.
VVDN has both Low Power (4T4R 1W) and Mid Power (4T4R 20W) radio units suitable for Private 5G deployments.
VVDN, with ready to deploy "end-to-end device solution" that is tested and secure that will help accelerate 5G Enterprise deployment.

USound Receives €10M Minority Growth Investment Supporting Product Ramp-ups for Next-generation Audio Products

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Thursday, August 3, 2023

USound MEMS speakers take up 50% less space, use 80% less energy, and boast a greater frequency range than rival speaker products.

Key Points:

USound MEMS speakers take up 50% less space, use 80% less energy, and boast a greater frequency range than rival speaker products.
Most customers select USound’s thin, lightweight, full-range MEMS speakers because of their integration flexibility and the benefits of USound’s low-power amplifier.
Moreover, they have a dramatically reduced system costs due to their SMT reflow capability, enabling fully automated assembly of audio products to achieve the highest quality and performance.
A new age for the audio industry has just begun,” stated Ferruccio Bottoni, Chief Executive Officer at USound.

Expanding America's EV Charging Accessibility, XCharge North America Establish U.S. Manufacturing Facility in San Marcos, Texas

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Thursday, August 3, 2023

SAN MARCOS, Texas, Aug. 3, 2023 /PRNewswire/ -- XCharge North America (NA) is establishing a manufacturing facility in the City of Kyle dedicated to researching, developing, distributing, and providing services for its core EV charging solutions. The 3,500 sq feet facility in the Greater San Marcos area of Texas is used for providing localized EV charging solutions, with a focus on product innovation that addresses U.S. energy grid obstacles, to supply solutions that mirror the U.S. demand for EV transportation.

Key Points:

Grid
SAN MARCOS, Texas, Aug. 3, 2023 /PRNewswire/ -- XCharge North America (NA) is establishing a manufacturing facility in the City of Kyle dedicated to researching, developing, distributing, and providing services for its core EV charging solutions.
XCharge NA has been working with Greater San Marcos and developing its 3,500-square-foot facility for over a year.
The facility is dedicated to XCharge NA's technical business aspects, with plans to expand facilities to approximately 20,0000 sq.
XCharge North America is an original equipment manufacturer (OEM) that specializes in innovating Level-3 EV chargers and energy storage devices.