Stratus

Stratus Properties Inc. to Hold Second-Quarter 2022 Conference Call on Monday, August 15, 2022

Retrieved on: 
Wednesday, July 20, 2022

The complete earnings release and replay of the conference call will be available on Stratus website, stratusproperties.com .

Key Points: 
  • The complete earnings release and replay of the conference call will be available on Stratus website, stratusproperties.com .
  • Stratus is a diversified real estate company engaged primarily in the acquisition, entitlement, development, management, leasing and sale of multi-family and single-family residential real estate properties and commercial properties in the Austin, Texas area and other select markets in Texas.
  • A copy of this release is available on Stratus website, stratusproperties.com .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220719006143/en/

Edge Market Research from Stratus and Espalier Reveals Top Use Cases and Industries Driving Up to 46% Growth Through 2026

Retrieved on: 
Wednesday, July 13, 2022

Incorporating primary and secondary research and proprietary analytics, the study projects growth of Edge Computing and related technologies across industries over a five-year period.

Key Points: 
  • Incorporating primary and secondary research and proprietary analytics, the study projects growth of Edge Computing and related technologies across industries over a five-year period.
  • For nearly 20 years, Espalier has studied the edge compute market worldwide, and theres no question edge is approaching a key inflexion point, post-pandemic.
  • We believe Stratus Edge Computing platforms and services combined are well positioned to support the broad opportunity, estimated at up to 46% growth, for those industries pursuing digital transformation at the Edge.
  • To illustrate the wide range of Edge Computing use cases and environments in industrial automation, Stratus developed the Stratus Edge Computing Experience (ECX) which provides end users, Solution Builders, OEMs, and SIs an immersive experience to explore edge automation.

SGH to Acquire Stratus Technologies

Retrieved on: 
Wednesday, June 29, 2022

SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH ) today announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire 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 entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire 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/20220629005390/en/
    SGH to acquire Stratus Technologies; will expand the company's offerings across Edge, Core, Cloud.
  • This transaction builds upon our successful track record of M&A at SGH, said Mark Adams, CEO of SGH.
  • Following the close of the transaction, which is expected to occur in the second half of calendar year 2022, SGH expects to incorporate the Stratus brand and trademarks into the SGH portfolio of businesses and will operate Stratus under its Intelligent Platform Solutions Group.

Stratus Building Solutions Targets New Territories for Growth as Need for Commercial Cleaning Increases

Retrieved on: 
Friday, June 17, 2022

LOS ANGELES , June 17, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions, recently recognized by Entrepreneur's Franchise 500 as a leading franchise, is eager to announce its plans to expand throughout the United States. The fast-growing green commercial cleaning and janitorial services company is looking for new master franchise owners in nine key states. The company is targeting Wisconsin, Alabama, Connecticut, New Mexico, Mississippi, Idaho, Arkansas, New Hampshire, and Vermont.

Key Points: 
  • The fast-growing green commercial cleaning and janitorial services company is looking for new master franchise owners in nine key states.
  • "Hiring a cleaning company is no longer a luxury for most business owners," 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 U.S. and Canada.
  • Stratus Building Solutions is an international franchise company in the commercial cleaning industry, founded in 2006 and headquartered in Los Angeles, California.

Propeller Aero and Quantum-Systems Partner to Provide PPK Support for Trinity F90+ Drone in a Win for Large Site Surveying

Retrieved on: 
Tuesday, June 14, 2022

DENVER, June 14, 2022 /PRNewswire/ --  Propeller Aero, the drone data visualization and analytics platform, and Quantum-Systems, the Unmanned Aircraft Systems developer, today announced their joint effort to include compatibility of Propeller's site surveying and 3D mapping software with Quantum-Systems' Trinity F90+ drone.

Key Points: 
  • Propeller's Post-Processed Kinematic solution (PPK) enables seamless surveying and 3D mapping of worksites across the construction, mining and earthworks industries.
  • "The drone industry has progressed a lot over the last couple of years, along with customer expectations," notes Florian Seibel, Co-founder and CEO of Quantum-Systems.
  • With the full Trimble Stratus solution completed with Trinity F90+, customers can proactively finish their projects from end to end."
  • Quantum-Systems was founded in 2015 and is headquartered at Special Airport Oberpfaffenhofen, 20 km west of Munich.

REDSEAL FILLS THE GAPS IN CLOUD SECURITY WITH THE LAUNCH OF REDSEAL STRATUS

Retrieved on: 
Thursday, June 9, 2022

SAN FRANCISCO, Calif., June 9, 2022 /PRNewswire/ -- RSA RedSeal today announced the launch of RedSeal Stratus, a Cloud Native Application Protection Platform (CNAPP) solution. The new solution gives security professionals a 'blueprint map' of their enterprise cloud to allow them to accurately identify where and how their business-critical resources are exposed to the Internet.

Key Points: 
  • -RedSeal reduces risk by offering security teams a single, comprehensive view of their cloud and continuously meet internal and external compliance mandates
    SAN FRANCISCO, Calif., June 9, 2022 /PRNewswire/ --RSA RedSeal today announced the launch of RedSeal Stratus, a Cloud Native Application Protection Platform (CNAPP) solution.
  • It has become a large and highly desirable attack surface for online criminals who will quickly exploit poorly secured cloud ports."
  • RedSeal a security solutions and professional services company helps government agencies and Global 2000 companies see and secure theiron-premisenetworksand cloud environments.
  • RedSeal Stratus, the company's SaaS CSPM solution, gives an integrated view of cloud security posture through visualization of cloud-native and Kubernetes controls, and shows which resources are unintentionally exposed to the Internet.

Stratus, a Global Leader in Brand Implementation and Facilities Services, Adds Bryan Hartnett as COO

Retrieved on: 
Tuesday, June 7, 2022

"We believe Bryan's addition to our executive management team will help us accelerate our strong track record of organic and inorganic growth.

Key Points: 
  • "We believe Bryan's addition to our executive management team will help us accelerate our strong track record of organic and inorganic growth.
  • Mr. Hartnett joins Stratus from Vixxo, an integrated facilities management company, where he served as SVP of Customer Operations after a decade as President of the East Division.
  • Prior to Vixxo, Mr. Hartnett was CEO and founder of National DCP, a company supporting franchisees of Dunkin' Brands.
  • Stratus is a leading brand implementation and facilities services company offering signage solutions, brand environments, energy services, repair and maintenance programs, and refresh and remodel capabilities across 50 states and 24 countries.

Stratus Showcases Turnkey Edge Computing Architectures and Customer Success at the 26th Annual ARC Industry Forum

Retrieved on: 
Wednesday, June 1, 2022

SDI is a great example of simple, protected, and autonomous Edge Computing in action that has resulted in expanded capabilities and new offerings.

Key Points: 
  • SDI is a great example of simple, protected, and autonomous Edge Computing in action that has resulted in expanded capabilities and new offerings.
  • Stratus ftServer is the heart and brain of our design architectures for running our WMS software and business rules.
  • They will also be showing Stratus ECX, an immersive environment that highlights use cases and applications where customers utilize Stratus simple, protected and autonomous Edge Computing Platforms.
  • To learn more about Stratus Edge Computing platforms, visit www.stratus.com , and for more information about the event, including a virtual forum on June 20-23, visit this link .

Stratus Properties Inc. Completes Sale of Block 21 to Ryman Hospitality Properties, Inc. for $260 Million

Retrieved on: 
Wednesday, June 1, 2022

Stratus expects to record a pre-tax gain on the sale of approximately $120 million in the second quarter of 2022 (approximately $94 million after-tax).

Key Points: 
  • Stratus expects to record a pre-tax gain on the sale of approximately $120 million in the second quarter of 2022 (approximately $94 million after-tax).
  • View the full release here: https://www.businesswire.com/news/home/20220531005964/en/
    Block 21 was Stratus wholly owned mixed-use real estate property in downtown Austin, Texas.
  • William H. Armstrong III, Chairman of the Board and Chief Executive Officer of Stratus, said, We are pleased to conclude the sale of Block 21.
  • I am confident that Block 21 will continue to thrive as an Austin icon within the Ryman portfolio.

Stratus Building Solutions Launches New Location in Ontario

Retrieved on: 
Wednesday, June 1, 2022

TORONTO, June 1, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions, the nation's leading green commercial cleaning and janitorial services franchise, is thrilled to announce the grand opening of its new Master Franchise location in Pickering, Ontario. Cyndee Flint, a former life insurance area manager and health management consultant, is the latest Master Franchisee to join the team. Flint recently opened the Stratus Building Solutions location that will serve the Toronto East region of Ontario on June 1st, 2022.

Key Points: 
  • TORONTO, June 1, 2022 /PRNewswire-PRWeb/ -- Stratus Building Solutions , the nation's leading green commercial cleaning and janitorial services franchise, is thrilled to announce the grand opening of its new Master Franchise location in Pickering, Ontario.
  • Flint recently opened the Stratus Building Solutions location that will serve the Toronto East region of Ontario on June 1st, 2022.
  • Flint's Toronto East location is an important development for Stratus Building Solutions.
  • Stratus Building Solutions of Ontario is located at 1400 Bayly Street in Pickering.