Stratus

Stratus Building Solutions Names New VP of Franchise Development

Retrieved on: 
Thursday, September 8, 2022
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LOS ANGELES, Sept. 8, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions, the nation's leading green commercial cleaning and janitorial services franchise, is excited to announce Rob Lancit as its new Vice President of Franchise Development. Lancit brings almost three decades of franchising experience to the growing brand.

Key Points: 
  • LOS ANGELES, Sept. 8, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions , the nation's leading green commercial cleaning and janitorial services franchise, is excited to announce Rob Lancit as its new Vice President of Franchise Development.
  • "There are few people as passionate and knowledgeable about franchising as Rob Lancit," said Doug Flaig, president of Stratus Building Solutions.
  • Over the past three years, Stratus Building Solutions has seen a nearly 41% increase in growth across the United States and Canada.
  • Stratus Building Solutions is an international franchise company in the commercial cleaning industry, founded in 2006 and headquartered in Los Angeles, California.

Divert, Inc. Expands Leadership Team Amid Rapid Growth with Appointment of John Vicente as Chief Technology Officer

Retrieved on: 
Thursday, September 8, 2022
Food Tech, Retail, Technology, Environment, Sustainability, Food, Beverage, University, Columbia University, Electrical engineering, Computer, CEO, Technology, Intel, Internet, Industrial, IOT, Goal, Multimedia, Value, Stratus, Architecture, Stratus Technologies, Acquisition, CTO, Growth, Industrial internet of things, Digestion, Management, Northeastern University, Diversion

Divert, Inc., an impact technology company on a mission to Protect the Value of Food, today announced the appointment of John Vicente as Chief Technology Officer.

Key Points: 
  • Divert, Inc., an impact technology company on a mission to Protect the Value of Food, today announced the appointment of John Vicente as Chief Technology Officer.
  • View the full release here: https://www.businesswire.com/news/home/20220908005321/en/
    John Vicente, Chief Technology Officer at Divert (Photo: Business Wire)
    Vicente brings more than 25 years of enterprise IT and Internet of Things (IoT) technology experience to his new role.
  • Prior to this role, Vicente was the corporate CTO at Stratus Technologies leading edge computing technology strategy and architecture.
  • As we set our sights on expanding our technology team by fivefold over the next year, we are thrilled to welcome John to the leadership team.

SGH Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) in Connection With Stratus Acquisition

Retrieved on: 
Monday, September 5, 2022
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Mr. Laurellos award consists of RSUs with respect to 103,600 ordinary shares of SGH.

Key Points: 
  • Mr. Laurellos award consists of RSUs with respect to 103,600 ordinary shares of SGH.
  • These awards have been granted to the new employees as inducements material to their entering into employment with the SGH group in accordance with Rule 5635(c)(4) of the Nasdaq Marketplace Rules.
  • Amended and Restated 2017 Share Incentive Plan to provide inducements for certain individuals to enter into employment with SGH and its subsidiaries and affiliates.
  • Other terms of the awards are set forth in the 2021 Inducement Plan and the applicable award agreements covering such awards.

Stratus Properties Inc. Announces $50 Million Return of Capital to Shareholders

Retrieved on: 
Friday, September 2, 2022
Construction & Property, Residential Building & Real Estate, Our Boarding House, Program, Busch Properties, Inc., NASDAQ, Time, Comerica, Sale, Board, Share repurchase, STRS, Financial Accounting Standards Board, U.S. Securities and Exchange Commission, Board of directors, Compliance, Annual report, Compte rendu, Acquisition, Forward-looking statement, Car rental, Security (finance), Stratus

Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that its Board of Directors (Board) has decided that Stratus will return $50 million to Stratus shareholders in the form of a special cash dividend totaling approximately $40 million and a new $10 million share repurchase program.

Key Points: 
  • Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that its Board of Directors (Board) has decided that Stratus will return $50 million to Stratus shareholders in the form of a special cash dividend totaling approximately $40 million and a new $10 million share repurchase program.
  • Stratus Board also approved a new share repurchase program, which authorizes repurchases of up to $10 million of Stratus common stock.
  • The share repurchase program authorizes Stratus, in managements discretion, to repurchase shares from time to time, subject to market conditions and other factors.
  • Our Board carefully considered alternatives, listened to our shareholders and determined that the special cash dividend and repurchase program are the best approach at this time for our Company and shareholders.

SGH Completes Acquisition of Stratus Technologies

Retrieved on: 
Monday, August 29, 2022
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SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH ) today announced that it has completed its previously announced acquisition of Stratus Technologies (Stratus), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge.

Key Points: 
  • SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH ) today announced that it has completed its previously announced acquisition of Stratus Technologies (Stratus), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge.
  • View the full release here: https://www.businesswire.com/news/home/20220829005163/en/
    SGH announced that it has completed its acquisition of Stratus Technologies, expanding their Intelligent Platform Solutions' portfolio of innovative computing solutions and services.
  • (Graphic: Business Wire)
    We are excited to welcome the global team members at Stratus to our SGH family.
  • SGH will provide an update on the Stratus acquisition during its next quarterly earnings call, which will be held in October for the companys fourth quarter and fiscal 2022 financial results.

Stratus appoints Dr. Selim Benbadis and Dr. Omotola Hope to its Medical Advisory Board

Retrieved on: 
Thursday, August 25, 2022
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DALLAS, Aug. 25, 2022 /PRNewswire-PRWeb/ -- Stratus announced the appointment of Selim Benbadis, MD, and Omotola Hope, MD, to the company's Medical Advisory Board. Formed in 2018, Stratus' Medical Advisory Board (MAB) provides critical guidance and insight to the company as it develops new neurodiagnostic services and solutions. The addition of Dr. Benbadis and Dr.Hope broadens the diversity of Stratus' MAB and supports the company's commitment to serving a diverse patient population and expanding patient care and access.

Key Points: 
  • The appointment of Selim Benbadis, M.D., and Omotola Hope, M.D., will help support Stratus' commitment to serving a diverse patient population.
  • DALLAS, Aug. 25, 2022 /PRNewswire-PRWeb/ -- Stratus announced the appointment of Selim Benbadis, MD, and Omotola Hope, MD, to the company's Medical Advisory Board.
  • Formed in 2018, Stratus' Medical Advisory Board (MAB) provides critical guidance and insight to the company as it develops new neurodiagnostic services and solutions.
  • Benbadis graduated from medical school at the University of Nice (Nice, France), where he completed a residency in family medicine.

NEC and Stratus Extend Partnership on Next Generation Fault Tolerant Computing

Retrieved on: 
Thursday, August 4, 2022
Data Management, Technology, Other Technology, Mobile, Wireless, Software, Networks, Internet, Running, Intelligence, Risk, CEO, Technology, Database, Telecommunication, Oil, History, NEC, Fossil fuel, Stratus Technologies, Twitter, Partnership, Gas, Maintenance, Software, Edge computing, LinkedIn, Efficiency, Risk management, Stratus

Stratus Technologies , a global leader in simplified, protected, and autonomous Edge Computing , today announced an agreement with NEC Corporation extending their partnership in bringing next generation fault-tolerant computing platforms to market.

Key Points: 
  • Stratus Technologies , a global leader in simplified, protected, and autonomous Edge Computing , today announced an agreement with NEC Corporation extending their partnership in bringing next generation fault-tolerant computing platforms to market.
  • Our long-standing relationship with Stratus has resulted in valuable fault tolerant servers that our customers and partners rely on to keep their businesses up and running.
  • We expect Stratus next generation fault tolerant technology will create more reliable computing capabilities with greater levels of functionality, serviceability, and performance, stated Kazunori Sudo, Executive Vice President of NEC Corporation.
  • Stratus and NEC have a common history of success in helping customers simplify, protect, and automate their digitally transforming operations.

Stratus ztC Edge™ Named 2022 IoT Evolution Product of the Year

Retrieved on: 
Tuesday, July 26, 2022
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Stratus Technologies , the global leader in simplified, protected, and autonomous Edge Computing platforms, today announced that its ztC Edge computing platform has received a 2022 IoT Evolution Product of the Year Award from IoT Evolution World , a leading news and media outlet covering Internet of Things (IoT) technologies.

Key Points: 
  • Stratus Technologies , the global leader in simplified, protected, and autonomous Edge Computing platforms, today announced that its ztC Edge computing platform has received a 2022 IoT Evolution Product of the Year Award from IoT Evolution World , a leading news and media outlet covering Internet of Things (IoT) technologies.
  • The IoT Evolution Product of the Year award honors the best, most innovative products and solutions powering the IoT.
  • The solutions selected for the IoT Evolution Product of Year Award reflect the diverse range of innovation driving the multi-billion-dollar IoT market today, said Rich Tehrani, CEO of TMC, a co-publisher of IoT Evolution.
  • Stratus second generation ztC Edge is a zero-touch, secure, and highly automated edge computing platform purpose built for edge environments.

Stratus Properties Inc. Announces Construction Financing for The Saint George, a Multi-Family Project in North-Central Austin

Retrieved on: 
Thursday, July 21, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, General Entertainment, Entertainment, Construction & Property, Goal, Acquisition, Sale, University, Comerica, STRS, Busch Properties, Inc., U.S. Securities and Exchange Commission, Forward-looking statement, Partnership, Board, Compte rendu, Apple, Multimedia, Q2 Stadium, NASDAQ, Saint George, Restaurant, Moses Austin, Board of directors, Saint-Georges-du-Bois, Sarthe, Annual report, Security (finance), Stratus

Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that it has completed construction financing for the development of The Saint George, a 316-unit luxury wrap-style multi-family project to be constructed in north-central Austin on Burnet Road.

Key Points: 
  • Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that it has completed construction financing for the development of The Saint George, a 316-unit luxury wrap-style multi-family project to be constructed in north-central Austin on Burnet Road.
  • The Saint George will be a high-quality addition to our portfolio, ultimately adding value to our leasing operations.
  • The project is owned by The Saint George Apartments, L.P., a Texas limited partnership and a Stratus subsidiary.
  • The construction financing consists of a four-year construction loan from Comerica Bank to the limited partnership in the amount of $56.8 million, which is secured by the project.

Stratus Building Solutions Expands with Toronto Location

Retrieved on: 
Thursday, July 21, 2022
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TORONTO, July 21, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions, North America's leading green commercial cleaning and janitorial services franchise, announced that it is opening a new location in the city of Toronto. Bob Bhinder, the new Master Franchisee with over 20 years of business experience, is spearheading the opening this month.

Key Points: 
  • TORONTO, July 21, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions, North America's leading green commercial cleaning and janitorial services franchise, announced that it is opening a new location in the city of Toronto.
  • Recently named by Entrepreneur's Franchise 500 as a leading franchise, Stratus Building Solutions has set the standard in commercial cleaning when it comes to using Green Certified products.
  • Stratus Building Solutions offers regional Master Franchise opportunities that enable owners to operate as local sales and support centers.
  • Stratus Building Solutions is a company that not only offers green cleaning; they revolutionized the practice of healthy cleaning.