Piping Technology and Products

WBS Dubai: Crafting Tomorrow's Digital Landscape

Retrieved on: 
Tuesday, November 7, 2023
Cardano, Metaverse, Dubai TV, Piping Technology and Products, Attention, Gorki, Web 2.0, Technical aspects of urban planning, WBS, Summit, Itele, Payment system, Blockchain, Trust, CIO, Startup company, Commonwealth, Shelley, Al Arabiya, Trader, Nifedipine, Community business development corporation, MENA, KEK digital accelerator, Cryptocurrency

The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.

Key Points: 
  • The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.
  • Sharing a common vision and passion for blockchain innovation, WBS hosted the regional finale of the Startup World Cup by Pegasus Tech Ventures.
  • With many ingenious innovators showcasing how their vision is transforming the global digital landscape.
  • Taking the conversation about the transformative next-gen solutions further, Trescon is proud to announce the inaugural edition of the Digital Acceleration and Transformation Expo at Delhi on 23rd-24th November 2023.

Enovix Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
Internet of things, Meditech, FDA, Intelligence, Smartphone, Patent, Temperature, Walmart, Innovation, Public expenditure, Architecture, Micrometre, GAAP, Original equipment manufacturer, Acquisition, Cell, Engineering, Piping Technology and Products, Learning, FAT, Autoline Detroit, Ecosystem, Electronics, Graphite, CVS, McKinsey & Company, Anxiety, Investment, Silicon, Rare-earth element, Fine chemical, Electric battery, Mobile phone, Video game, Beauty salon, Bank, Walgreens, PIKFYVE, Qualcomm, Lenovo, United States Army

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the third quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.

Key Points: 
  • FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the third quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.
  • Our GAAP operating expenses of $33.8 million in the third quarter of 2023 were down from $37.7 million in the second quarter of 2023.
  • Our non-GAAP operating expenses of $18.8 million in the third quarter of 2023 were down from $19.9 million in the first quarter of 2023.
  • Enovix will hold a video conference call at 2:00 PM PT / 5:00 PM ET today, November 7, 2023, to discuss the company’s business updates and financial results.

Enovix Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
IDC, YBS, Learning, Semiconductor, Housing, Smartphone, Original equipment manufacturer, FAT, Internet of things, Wearable, Capital expenditure, Thermal conductivity, Micrometre, GAAP, Qualcomm, Cell, Public expenditure, Data analysis, Investment, Machine learning, United States Department of the Army, Architecture, Silicon, Autoline Detroit, Kinetics, Quarter, Piping Technology and Products, Lithium, Mobile phone, Beauty salon, Lenovo, PIKFYVE

FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the second quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.

Key Points: 
  • FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the second quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.
  • Our GAAP cost of revenue of $14.2 million in the second quarter of 2023 was up from $12.2 million in the first quarter of 2023.
  • Our GAAP operating expenses of $37.7 million in the second quarter of 2023 were down from $51.0 million in the first quarter of 2023.
  • Our non-GAAP operating expenses of $19.9 million in the second quarter of 2023 were down from $22.8 million in the first quarter of 2023.

Sportradar Announces Nomination of Two New Directors at Upcoming 2023 Annual General Meeting

Retrieved on: 
Monday, April 24, 2023
Interim, IPO, AT, Novellus Systems, Internet of things, Lam Research, Marketing, VR, Federal Open Market Committee, Scient, AT&T Corporation, AI, ESI Group, Salesforce, Piping Technology and Products, Guidewire Software, Nomination, Management, Blockchain, Ripcord, Sportradar

In addition to Ms. Ramanathan and Mr. Kurtz, the candidates for the seats include seven incumbent directors advanced by the board.

Key Points: 
  • In addition to Ms. Ramanathan and Mr. Kurtz, the candidates for the seats include seven incumbent directors advanced by the board.
  • Currently, Ms. Ramanathan is a member of the board of directors of ESI Group, a French publicly traded company providing virtual prototyping software solutions and services.
  • She has also chaired ESI’s Technology and Marketing Committee and since September 2022 she has chaired ESI’s Compensation Committee and the Nomination and Governance Committee.
  • Jeffery Yabuki, Chairman of the Board of Directors, said: “On behalf of the entire board of directors, we thank Chuck Robel for his outstanding service to Sportradar.

Allegro MicroSystems Appoints Mike Doogue as First Chief Technology Officer

Retrieved on: 
Thursday, September 1, 2022
Security (finance), COVID-19, Occupational Safety and Health Act 1994, CEO, Technology, Safety, Piping Technology and Products, Engineering, Solution, Industry, Data, Senior, SEC, Primary energy, Investment, U.S. Securities and Exchange Commission, Fourth Industrial Revolution, Adoption, Suman, Automation, ADAS, GLOBE, Motor vehicle, Microsystems, Investor relations, Privacy, Company, Invention, Annual report, Private Securities Litigation Reform Act, CTO, Growth, Forward-looking statement, Allegro, ICS, Management, Risk management

MANCHESTER, N.H., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Allegro or the Company) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that its Senior Vice President, Technology and Products, Mike Doogue, has been appointed as Allegros first Chief Technology Officer (CTO).

Key Points: 
  • MANCHESTER, N.H., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Allegro or the Company) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that its Senior Vice President, Technology and Products, Mike Doogue, has been appointed as Allegros first Chief Technology Officer (CTO).
  • Mike has served as Senior Vice President of Technology and Products, since 2019, after a successful career of progressive engineering and executive leadership roles at the Company since joining in 1998.
  • Allegro is at a key inflection point in its growth journey and the role of a CTO is extremely critical in defining the future technology vision, building technology roadmaps, establishing relationships within the external ecosystem, and engaging with all stakeholders to position Allegro for continued success, said Vineet Nargolwala, President and CEO of Allegro MicroSystems.
  • With the appointment of Mike Doogue to CTO, Allegro also announces the promotion of Suman Narayan to Senior Vice President, Products.

Contract Award: IN-PIPE Technology Continues Relationship With Sarasota

Retrieved on: 
Tuesday, July 12, 2022
GLOBE, IPT, Fat, CEO, Oil, Technology, WOOD, Piping Technology and Products, Partnership, City, FOG, Sewage, Fats

WOOD DALE, Ill., July 12, 2022 (GLOBE NEWSWIRE) -- IN-PIPE Technology (IPT) is pleased to announce it was recently awarded a two-year contract from the City of Sarasota to control the accumulation of Fats, Oils and Grease (commonly referred to as FOG) throughout much of the city's wastewater collection system.This award extends the partnership between the two entities, which initially began back in 2006.Working together, representatives from City of Sarasota Utilities Department and IPT engineered a dosing plan to deliver a custom blend of bacteria 24/7/365, targeting over 75 treatment locations.The new contract is the fifth expansion/renewal of the service throughout the city.

Key Points: 
  • WOOD DALE, Ill., July 12, 2022 (GLOBE NEWSWIRE) -- IN-PIPE Technology (IPT) is pleased to announce it was recently awarded a two-year contract from the City of Sarasota to control the accumulation of Fats, Oils and Grease (commonly referred to as FOG) throughout much of the city's wastewater collection system.This award extends the partnership between the two entities, which initially began back in 2006.Working together, representatives from City of Sarasota Utilities Department and IPT engineered a dosing plan to deliver a custom blend of bacteria 24/7/365, targeting over 75 treatment locations.The new contract is the fifth expansion/renewal of the service throughout the city.
  • "The City of Sarasota is one of many of our long-standing customers.They have entrusted us to help them with their FOG prevention efforts for over 15 years.We are very proud and excited to have the opportunity to continue our relationship with Sarasota," said Bryan Weber, President and CEO of IN-PIPE Technology.
  • Established in 1999, IN-PIPE Technology is a green, bioscience-based, turnkey solutions provider to the municipal wastewater treatment industry, helping clients address FOG, odor, nutrient removal, sludge and operations costs.Headquartered in Wood Dale, Illinois (near Chicago), inquiries can be directed toDouglas Fagans at [email protected] or 630.509.2488, ext.
  • 227.

Allegro MicroSystems Announces Agreement to Acquire Heyday Integrated Circuits

Retrieved on: 
Tuesday, May 31, 2022
Senior, Engineering, Polychlorinated biphenyl, Private Securities Litigation Reform Act, Traction, U.S. Securities and Exchange Commission, Electronics, Microsystems, Investment, Gallium nitride, Solution, WBG, Privacy, Piping Technology and Products, Failure, Technology, Silicon carbide, EMC, Power (Ice-T album), Efficiency, Culture, Industry, Creativity, Invention, Forward-looking statement, Compliance, Heyday, Occupational Safety and Health Act 1994, Safety, Investor relations, Xev, Adoption, Allegro, Acquisition, SEC, Growth, Security (finance), Annual report, GLOBE, Ceramic, Renewable energy, Risk management

MANCHESTER, N.H., May 31, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems (Allegro), a global leader in sensing and power semiconductor solutions for motion control and energy-efficient systems, today announced the entry into an agreement to acquire Heyday Integrated Circuits (Heyday).

Key Points: 
  • MANCHESTER, N.H., May 31, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems (Allegro), a global leader in sensing and power semiconductor solutions for motion control and energy-efficient systems, today announced the entry into an agreement to acquire Heyday Integrated Circuits (Heyday).
  • "We look forward to welcoming Heyday's talented and innovative team to the Allegro family," said Vijay Mangtani, Vice President of Power ICs at Allegro.
  • Allegro will pay approximately $19 million in cash for the acquisition of Heyday, subject to customary purchase price adjustments.
  • Headquartered in Grasse, France, Heyday Integrated Circuits was founded in 2014 as a fabless semiconductor company focused on designing and selling isolated gate drivers for the power electronics market.

In-Pipe Technology Awarded Contract With Oklahoma City to Control Fats, Oils, and Grease

Retrieved on: 
Friday, May 6, 2022
Oil, FOG, WOOD, IPT, CEO, Fat, Piping Technology and Products, Partnership, GLOBE, Sewage, Fats

WOOD DALE, Ill., May 06, 2022 (GLOBE NEWSWIRE) -- In-Pipe Technology (IPT) is pleased to announce it was recently awarded a three-year contract from the Oklahoma City Water Utilities Trust (OCWUT) to control the accumulation of Fats, Oils and Grease (commonly referred to as FOG) throughout much of their wastewater collection system.

Key Points: 
  • WOOD DALE, Ill., May 06, 2022 (GLOBE NEWSWIRE) -- In-Pipe Technology (IPT) is pleased to announce it was recently awarded a three-year contract from the Oklahoma City Water Utilities Trust (OCWUT) to control the accumulation of Fats, Oils and Grease (commonly referred to as FOG) throughout much of their wastewater collection system.
  • This award extends the partnership between the two entities, which initially began back in 2012.
  • "Oklahoma City is the largest of one of our many important customers throughout the United States.
  • We are very proud and excited to have the opportunity to continue our relationship with their team," said Bryan Weber, President and CEO of In-Pipe Technology.

Clearwater Analytics Continues Product Innovation with Q1 Product Updates

Retrieved on: 
Thursday, May 5, 2022
SCR, Piping Technology and Products, Twitter, Report, Limited partnership, NAIC, NYSE, Clearwater Analytics, Data collection, Building, London Interbank Bid Rate, Legal Entity Identifier, Update, Lloyd's of London, LIBOR, Compliance, CCU, Equity risk, Income, LinkedIn, View, Software as a service, AUM, Solution, Accounting, Technology, Risk, Multimedia, Security (finance), Airline

BOISE, Idaho, May 5, 2022 /PRNewswire/ --Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced several enhancements to their product offering during Q1 2022.

Key Points: 
  • BOISE, Idaho, May 5, 2022 /PRNewswire/ --Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced several enhancements to their product offering during Q1 2022.
  • The Q1 product updates include support for the latest accounting and regulatory standards, enriched asset class reporting, and upgraded user experience.
  • Clearwater Analytics' Q1 2022 product enhancements include:
    NAIC 2022 Quarterly Guidance Updates: Clearwater proactively updated the NAIC schedules to meet the latest requirements from the NAIC so clients can rest assured that their reports are compliant.
  • "We are committed to keeping our clients' regulatory reporting up-to-date with new regulatory updates being made, which is evident through many of the product features made available throughout Q1," said Jody Kochansky, President of Technology and Product at Clearwater Analytics.

Clearwater Analytics Continues Product Innovation with Latest Product Updates

Retrieved on: 
Monday, February 7, 2022
London Interbank Bid Rate, Condition, Lloyd's of London, Clearwater Analytics, Multimedia, User, Forward, Technology, Acquisition, Research, Solution, Equity, Twitter, UI, General partnership, Software as a service, Risk, ADA, Interface, CIC, Mortgage loan, Compliance, NYSE, QAD, Private equity, Disability discrimination act, Limited partnership, Piping Technology and Products, Accounting, LinkedIn, LIBOR, View, NAIC, AAD, BA, Accounting standard, Risk management, Security (finance), Bank, Q4

BOISE, Idaho, Feb. 7, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced the many enhancements added to their product offering during Q4 2021.

Key Points: 
  • Clearwater Analytics' Q4 2021 Product Enhancements include:
    NAIC 2021 Annual Guidance Updates: Clearwater proactively updated the NAIC schedules to meet the latest requirements from the NAIC so our clients can rest assured that their reports are compliant.
  • "Our product focus has always been based on what our clients need to be successful," said Suraj Poozhiyil, Head of Product at Clearwater Analytics.
  • "We continue to invest significantly in innovating our product, which is evident through the many product features made available throughout Q4," said Jody Kochansky, President of Technology and Product at Clearwater Analytics.
  • Clearwater Analytics is a global industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, compliance, risk, performance, and reporting.