Electronic Design Automation

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 3274

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 4462

Roborock Unveils New Custom Triggers for Routines and Action Controller Support

Global Leader in Ultra-Intelligent Home Robotics Boosts Automation Features With Alexa HONG KONG, Sept. 28, 2023 /PRNewswire/ -- Today, Amazon announced new Alexa developer solutions that will allow Roborock, a global leader in ultra-intelligent home robotics, to onboard domain-specific triggers...

2023-09-28 22:00 2264

Macronix OctaFlash™ Memory Solutions Certified for ISO 26262 ASIL D

High-Performance OctaFlash™ Memory Achieves ISO 26262 ASIL D Certification, Adhering to Industry's Highest Level in Vehicle Safety TAIPEI, Sept. 25, 2023 /PRNewswire/ -- Macronix International Co., Ltd. (TSE: 2337), a leading integrated-device manufacturer in the non-volatile memory (NVM) market...

2023-09-26 00:00 2061

Körber celebrates partnership milestone with Geek+

HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- Global strategic partnership empowers businesses to overcome efficiency, scalability and sustainability challenges across supply chain Körber  and Geek+ , a global leader ...

2023-09-20 18:34 1930

TYAN Adopts New AMD EPYC 8004 Series Processors for Diverse Cloud and Edge Server Deployments

NEWARK, Calif., Sept. 18, 2023 /PRNewswire/ -- TYAN®, an industry-leading server platform design manufacturer and a subsidiary of MiTAC Computing Technology Corporation, today announced availability ofnew single-socket server platforms supporting AMD EPYC™ 8004 Series processors

2023-09-18 21:00 1292

ViShare's Rapid Market Entry with FPGA-Based Prototyping Solution from S2C

SAN JOSE, Calif., Sept. 5, 2023 /PRNewswire/ -- ViShare Technology, a fabless semiconductor company focusing on video codec, developed a chip for 8K60 video streaming with the help of S2C FPGA-based prototyping solution. This solution enables ViShare to accelerate its verification process and tim...

2023-09-05 23:00 1629

Hollysys Receives Notices of Intention to Request Special Meeting of Shareholders and Additionally an Unsolicited Offer to Acquire the Company

BEIJING, Sept. 5, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") announced that onAugust 23, 2023, it received from certain shareholders of the Company, notices of intention (collectively, the "Notices of Intention") to request the board of...

2023-09-05 18:00 3736

FICG PRIME Plants Deep In Automotive Business

TAIPEI, Aug. 23, 2023 /PRNewswire/ -- In a strategic move to foster diversified growth and seize new business opportunities, PRIME, a subsidiary of FIC Global (3701.TW), has taken a bold step in the Automotive industry. The company recently unveiled a fresh brand image and implemented an independ...

2023-08-23 17:00 1809

Sirius Wireless Partners with S2C on Wi-Fi6/BT RF IP Verification System for Finer Chip Design

SAN JOSE, Calif., Aug. 16, 2023 /PRNewswire/ -- Sirius Wireless, a provider of RF IP solutions, collaborated withS2C - the expert of FPGA prototyping solutions, to develop its Wi-Fi6/BT RF IP Verification System, aiming to improve work efficiency and reduce time-to-market for their clients. The ...

2023-08-16 22:30 1600

Hollysys Automation Technologies Reports Unaudited Financial Results for the Fourth Quarter and the Fiscal Year Ended June 30, 2023

Fiscal Year 2023 Financial Highlights * Total revenues were $777.4 million, an increase of 9.9% compared to the comparable prior year period. Unfavorable impact from depreciation of Renminbi against the U.S. dollar has adversely affected our revenues for fiscal year 2023. * Gross margin was ...

2023-08-16 05:00 2952

ProLogium Welcomes the Green Light Given By the European Commission for Public Grant for Its Gigafactory Project in Dunkirk

PARIS, Aug. 3, 2023 /PRNewswire/ -- ProLogium, an energy innovation company specializing in the R&D and manufacturing of next-generation EV solid-state battery solutions has selectedFrance as the location for its first large-scale solid-state battery manufacturing plant outsideAsia. Today, the Eu...

2023-08-03 18:21 1348

ProLogium and MAHLE Sign MOU to Roll Out Solid-State Battery Solutions for EVs

* ProLogium and MAHLE will conduct cell tests for the development of innovative thermal management system. * The two companies will enter into discussion on building a prototype of "ProLogium- MAHLE" solid-state battery pack. * The joint efforts will contribute to the development of commerci...

2023-07-25 16:00 1582

ForwardX Robotics Announces Exclusive Distribution Partnership with Richmond Rolling Solutions

Expanding the Future of Intelligent Automation in Australia and New Zealand BEIJING, July 12, 2023 /PRNewswire/ -- ForwardX Robotics, a global leader in vision-based AMR technology, is thrilled to announce its exclusive distribution partnership with Richmond Rolling Solutions, a renowned provider...

2023-07-12 19:56 2156

RENATUS ROBOTICS Inc. announces $2 million in seed funding to shape the future of fully unmanned and autonomous logistics infrastructures, starting with e-commerce

The logistics, robotics, and blockchain company is seeking an additional $2 million for its pre-Series A round as it prepares for its first commercial installation at an e-commerce fulfillment center  LEWES, Del., June 29, 2023 /PRNewswire/ -- RENATUS ROBOTICS Inc., a logistics startup, has anno...

2023-06-27 23:01 2033

Incubion Launches Interactive Robot Discovery Engine "RobotATTA!" (TM) Globally, Robot Taxonomy for Everyone to Be Unveiled at Collision 2023

TOKYO, June 20, 2023 /PRNewswire/ -- Incubion Inc., the unique robot experience design company that supports the business introduction and trial of robots in service applications, announced on June 20, 2023, the launch of "RobotATTA!" (TM), an interactive robot database designed for robot seekers...

2023-06-20 16:00 1280

TEXAS INSTRUMENTS TO EXPAND MANUFACTURING OPERATIONS IN MALAYSIA

KUALA LUMPUR, Malaysia and MELAKA, Malaysia, June 13, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN), today announced plans to expand its internal manufacturing footprint inMalaysia with two new assembly and test factories inKuala Lumpur and Melaka. Together, these new inv...

2023-06-13 08:30 19318

NTU Singapore and Delta Electronics set up S$24 million corporate lab for advanced robotic technologies

TAIPEI, June 7, 2023 /PRNewswire/ -- Nanyang Technological University (NTU Singapore) and Delta Electronics, global provider of IoT-based Smart Green Solutions, have established theS$24 million Delta-NTU Corporate Lab for Advanced Robotics, continuing their close collaboration in research & deve...

2023-06-07 16:39 2527

Deep In Sight unveils groundbreaking AI-powered 3D depth sensing solutions at CommunicAsia 2023

* Showcasing In-Cabin Monitoring solution and Volume Management System which are Deep-In-Sight's cutting-edge 3D Sensing solutions at CommunicAsia 2023 * Deep-In-Sight's solutions are expected to meet the diverse demands in the growing global robotics, mobility, and smart factory sectors. SEOU...

2023-06-06 20:00 1963

Accuride chooses Pando to drive agility & visibility across their inbound fulfillment operations

Pando will help Accuride enable real-time tracking and visibility (RTTV) to improve inbound supply visibility, reduce delays, bring down freight costs and penalties & improve supplier collaboration. SAN FRANCISCO, June 1, 2023 /PRNewswire/ -- Accuride Corporation ,...

2023-06-02 00:00 2557
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