Electronic Design Automation
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
2001
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
2024-01-19 23:30
2209
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
2358
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
1886
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
2925
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
2262
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
5167
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
2886
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
3793
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
3456
SINBON Electronics Becomes the First in Greater China to Receive NACS Certification
TAIPEI, Dec. 4, 2023 /PRNewswire/ -- SINBON Electronics, a provider of integrated solutions for electronic component design and manufacturing, recently obtained UL certification for its NACS (The North American Charging Standard) AC/DC charging cable. SINBON is the first electronic design service...
2023-12-04 19:33
2244
Twinny and Hankook Engineering Works Join Hands to Expand Autonomous Robot Development Business
DAEJEON, South Korea, Nov. 29, 2023 /PRNewswire/ -- On the 13th of last month, Twinny (CEOCheon Hong-seok and Cheon Young-seok) announced that it has entered into a strategic business agreement with Hankook Engineering Works (CEOMoon Dong -hwan) to advance the development of autonomous robots. The...
2023-11-29 21:00
2304
MicroCloud Hologram Inc. Announced Providing CMS for China's Largest New Energy Vehicle Company
BEIJING, Nov. 28, 2023 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO) ("HOLO" or the "Company"), a Hologram Digital Twins Technology provider, today announced that its subsidiary is providing CMS forChina's largest new energy vehicle company. By signing the Generalized Streaming Media Co...
2023-11-28 23:30
3137
Hollysys Update: EGM, Sale Process
- Hollysys intends to hold special meeting of shareholders in January 2024 - Special Committee continues sale process in expedited manner BEIJING, Nov. 22, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to h...
2023-11-23 06:00
2165
Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023
First Quarter of Fiscal Year 2024 Financial Highlights * Total revenues were $199.9 million, an increase of 17.6% compared to the comparable prior year period. * Gross margin was 34.6%, compared to 31.1% for the comparable prior year period.Non-GAAP gross margin was 34.8%, compared to 31.3% f...
2023-11-16 06:00
3269
SunCar Technology Group Inc. Releases Version 7.9.0 of its Insurance System
Update to Include Customers of 18 Leading NEV Companies NEW YORK, Nov. 2, 2023 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar", "we", or the "Company") (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation serv...
2023-11-02 20:00
1228
WOLFBOX Celebrates 4-Year Anniversary and Launches New Product EV Charger
DALLAS, Nov. 1, 2023 /PRNewswire/ -- WOLFBOX, a leading provider of automotive electronics, is proud to announce its 4-year anniversary onNovember 3. Over the past four years, WOLFBOX has earned a reputation among over 2 million driver customers as a high-quality brand in the automotive electroni...
2023-11-01 23:00
2131
Hollysys Provides Update on Sale Process; Responds to Shareholder Request for Special Meeting
- Board Special Committee receives several indications of interest from financial sponsors and strategic buyers - Board to confirm plans for special meeting, pending outcome of November 21 court hearing on an injunction application against Ace Lead Profits and its Hollysys shares BEIJING, Oct....
2023-10-30 19:00
2585
Hollysys Provides Update on Ongoing Sale Process and Special Meeting Request; Discloses Offer from Management-Backed Buyer Group
- Proposal on behalf of management team offers U.S. $25 per share - - Sale process continues as Special Committee engages other parties- BEIJING, Oct. 24, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that its special commi...
2023-10-24 21:33
3677
Hollysys Announces Formal Sale Process as Part of Review of Strategic Options
- Forms special committee of independent directors to conduct process - - Will evaluate proposal from bidder group - - Deutsche Bank to solicit additional potential offers on behalf of the Company - BEIJING, Oct. 2, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hol...
2023-10-02 18:00
4894
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