Electronic Design Automation

Universal Robots reports strong end to 2023

ODENSE, Denmark, Feb. 2, 2024 /PRNewswire/ -- Universal Robots , the Danish collaborative robot (cobot) company, has reported Q4 revenue ofUSD 103 million, up 21% on Q4 2022. The quarter was the company's largest revenue quarter to date. 2023 annual revenue was...

2024-02-02 22:06 1901

Newgen Recognized in the Gartner® Market Guide for Commercial Loan Origination Solutions 2023 Report

The market guide can help CIOs at banks evaluate commercial lending solutions on the basis of their customizable features, workflow capabilities, APIs, and functions, among other things. NOIDA, India, Feb. 1, 2024 /PRNewswire/ -- Newgen, a global provider of a unified low-code platform for end-t...

2024-02-01 20:49 1368

Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value

Updated proxy to detail recent engagement with Dazheng BEIJING, Jan. 31, 2024 /PRNewswire/ -- The Board of Directors of Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") today issued a letter to shareholders reiterating its support for the proposed acquisition of the Company b...

2024-01-31 22:15 2759

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction of yet another new member after multiple changes in its consortium composition raised further que...

2024-01-30 09:00 1085

Allseated enters a new era as Prismm and launches a new innovative technology platform

The company rebrands and bolsters its first-of-its-kind portfolio of 3D spatial design and event planning under the all-new Prismm Platform  SAN FRANCISCO, Jan. 22, 2024 /PRNewswire/ -- Allseated, a SaaS (Software as a Service) spatial design technology, has announced its new company identity, P...

2024-01-22 22:00 1711

Monport Revolutionizes Laser Engraving with Lightning-Fast Delivery of Cutting-Edge Products

CHICAGO, Jan. 19, 2024 /PRNewswire/ -- Monport, a distinguished leader in the laser engraving industry, proudly announces the rapid delivery of its diverse range oflaser engraver  machines. From the compact CO2 Laser Engraver to the powerfulFiber Las...

2024-01-19 23:30 1617

Tobii launches UX Explore cloud platform, making eye-tracking-based mobile UX research more scalable

TAIPEI, Jan. 15, 2024 /PRNewswire/ -- The latest product from Tobii, UX Explore , empowers user experience (UX) researchers to harness the power of eye tracking and measure user attention using only a smartphone. Th...

2024-01-15 12:00 1715

Automation Anywhere's Industry-First Generative AI-Powered Process Automation Solution Expected to Deliver Massive Productivity Gains and 9x Return on Investment

Businesses have the potential to drive 10 percent cost savings in CIO budgets SAN JOSE, Calif., Jan. 12, 2024 /PRNewswire/ -- Automation Anywhere, a leader in enterprise process automation that puts AI to work across every aspect of an organization, announced availability of the industry's first ...

2024-01-12 09:28 1531

LG Display Unveils the World's Largest Automotive Display to Advance Future Mobility at CES 2024

SEOUL, South Korea, Jan. 9, 2024 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it is showcasing a series of ultra-large automotive display solutions, including the world's largest automotive display, to accelerate innovations for future ca...

2024-01-10 07:00 1295

MSI Showcases Automotive and Industrial AIoT Solutions at CES 2024 at Westgate Las Vegas

TAIPEI, Jan. 8, 2024 /PRNewswire/ -- MSI, the global leader in AI PC, gaming, creative, business, and AIoT solutions, is expanding its presence at CES 2024. In addition to displaying a wide range of consumer electronics products at the Venetian Las Vegas, MSI will broaden its showcase at Westgate...

2024-01-09 00:00 1059

CES 2024: eYs3D's New Edge AI Chips Transforming Computer Vision for Robotics

New AI-dedicated eCV series SoCs with ARM-based CPUs elevate AI capabilities for advanced autonomous robots, smart home, and industrial IoT solutions; launch is key milestones for brand as it embraces "AI+" concept and expands offering LAS VEGAS, Nev. and TAIPEI, Jan. 5, 2024 /PRNewswire/ -- Kno...

2024-01-05 23:00 1523

Hollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital Partners

-- Board recommends shareholders to vote "FOR" merger agreement for acquisition by Ascendent at$26.50/share BEIJING, Jan. 5, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it will hold an extraordinary general meeting ...

2024-01-05 22:21 1394

EKA Mobility joins forces with Mitsui and VDL Groep to create a leading global OEM in India

* EKA, Mitsui & VDL Groep have entered a strategic long-term partnership, that will include joint investments, equity & technology cooperation * With a joint investment of over USD 100 million (~ INR 850 crores) in phases, the cooperation will positionIndia as the global manufacturing & sourc...

2023-12-27 22:19 2014

Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners

* Company receives additional offers during "go-shop" period * None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING, Dec. 27, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") toda...

2023-12-27 20:00 4383

Etron@CES 2024: The Future of AI-Powered Intelligence, Autonomy, Connectivity & Confidentiality

Electronics brand is driving the future across four themes of cutting-edge technologies The 2024 CES Innovation Award-Winning Product DeCloakVision, a trustable multimodal AI privacy-enhanced surveillance system, distinguishes itself in the field of artificial intelligence LAS VEGAS and TAIPEI...

2023-12-20 23:00 1500

Nanoprecise Sci Corp Renews SOC 2 Type 2 Certification, Underscoring Commitment to Security Excellence

EDMONTON, AB, Dec. 19, 2023 /PRNewswire/ -- Nanoprecise Sci Corp, a leading innovator in automatedAI-based predictive maintenance solutions , proudly announces the successful completion of its System and Organization Controls (SOC) 2 Type 2 examination. This co...

2023-12-19 20:00 1497

NEXTEER ACHIEVES GLOBAL PRODUCTION MILESTONE OF 100 MILLION ELECTRIC POWER STEERING SYSTEMS

AUBURN HILLS, Mich., Dec. 14, 2023 /PRNewswire/ -- Today, Nexteer Automotive announced its global production milestone of 100 million electric power steering (EPS) systems – a key technology enabling fuel efficiency and advanced safety and performance. Nexteer is a global leader of EPS – serving ...

2023-12-14 16:50 1826

Fresh2 Group Launches Roxe Restaurant Robots, Spearheading Smart Automation in Culinary Services

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Fresh2 Group Ltd. (NASDAQ: FRES) ("Fresh2" or "the Company"), a company with operations inthe United States and China focused on the business-to-business e-commerce and supply chain sectors for the restaurant supply and food industry, today announces its st...

2023-12-12 22:15 2958

Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share

* Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of23 August 2023 * Agreement marks culmination of formal sale process conducted by Special Committee of independent directors BEIJING, Dec. 11, 2023 /PRNewswire/ -- Hollysys Automati...

2023-12-11 22:10 2525

Foretellix Raises $85 Million in Series C Closing

Temasek and Isuzu join Woven Capital and NVIDIA in a major round led by 83North TEL-AVIV, Israel and SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Foretellix , the leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Sy...

2023-12-05 20:00 1588
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