Industry News

CSP Inc., a provider of IT solutions, systems integration services and dense cluster computing systems, announced that it will issue its third-quarter 2016 financial results after the close of the market on Thursday, August 18, 2016.. CSP President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call on Thursday, August 18 at 5:00 p.m. ET to review the financial results and provide a business..."/>
CSP Inc. to Announce Third-Quarter Fiscal 2016 Financial Results on August 18
Sunworks Inc. reported record revenue of $31.5 million in this year's second quarter, a 186 percent year-over-year improvement. The local company said the revenue spike was related in part to its recent acquisition of Elite Solar near Chico. Second quarter net income totaled $744,000, or 4 cents per share, compared with a loss of $122,000, or a penny a share, in the second quarter of 2015.."/>
BRIEF: Roseville solar firm reports record revenue in second quarter [The Sacramento Bee]
Motorola Solutions Foundation helps to fund an International Association of Chiefs of Police training program– on how to form a culture of trust between police personnel and the communities they serve The foundation announced it will grant $3.45 million to 83 organizations dedicated to improving public safety in..."/>
Motorola Solutions Foundation Sponsors Innovative Police-Community Relations Program and Gives $3.45 Million in Public Safety Grants
Liquidity Services, a global solution provider in the reverse supply chain with the world’ s largest marketplace for business surplus, is pleased to highlight four private treaty sales of industrial manufacturing assets located in Mexico and the United States. Information about the sales can be found on GoIndustry DoveBid, a Liquidity..."/>
Liquidity Services Auction Watch
ADTRAN ®, Inc.,, a leading provider of next-generation open networking solutions, today announced that Jacqueline Hourigan Rice, Target’ s EVP and chief risk and compliance officer, has joined ADTRAN’ s board of directors. Rice assumes the seat of retiring board member Roy Nichols, who has served as a member of ADTRAN’ s board of directors since 1994."/>
Target’s Jacqueline Hourigan Rice Joins ADTRAN’s Board of Directors
Finisar Corporation, a global technology leader in high-speed optical communications, confirmed that it will announce its fiscal first quarter 2017 financial results for the period ending July 31, 2016, at the close of market on Thursday, September 8th, 2016. The announcement will be followed by a conference call with analysts at 2:00 p.m. PDT/ 5:00 p.m. EDT. Jerry Rawls, Finisar Corporation's Chairman and Chief Executive Officer, and Kurt Adzema, Chief..."/>
Finisar to Announce Fiscal First Quarter 2017 Financial Results and to Attend Investor Conferences
Brekford Corp., a leading public safety and security technology service provider of automated traffic safety enforcement solutions, parking and traffic enforcement solutions, and an end-to-end suite of technology solutions for public safety vehicles and mobile workers, announced today that Scott Rutherford, who co-founded the Company and developed its original upfitting business, will once again assume direct day-to-day oversight of Vehicle..."/>
Brekford Announces Scott Rutherford to Lead Vehicle Services Expansion
Xerox and an extension of the Go Denver app, includes in-app booking for Lyft, marking the first time a mobile app and ridesharing organization have come together to meet the needs of transit users in this way."/>
New Go Centennial Program by Xerox and Partners Makes Ridesharing, Mass Transit a Snap
Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Purchases represented 62 percent of closed loans in July, down from a high of 65 percent in June. Additionally, the 30- year note rate continued to decline to 3.870 from 3.970 in June."/>
Refinances Rebound Slightly, Representing 37 Percent of Closed Loans, According to July Origination Insight Report from Ellie Mae
Cisco Systems' fourth-quarter conference call Wednesday in the wake of a published report that the computer networking giant plans to lay off between 9,000 and 14,000 employees worldwide. CRN, an industry trade publication aimed at computer resellers, cited "multiple sources close to the company" in its report on the job cuts, which on the high end would amount to about 20 percent of Cisco's staff."/>
Cisco reportedly planning to lay off up to 14,000 workers [The News & Observer (Raleigh, N.C.)]
Mphasis brings business relevance to customers with greater intimacy and understanding of business imperatives Adds unique business value to improve customer satisfaction with differentiated partner capabilities Creates budget rather than absorbing it Milestone in Digital Transformation with Omni-channel, hyper-personalized, customer-centric digital solution and delivery. Mphasis, a leading IT services and solutions..."/>
Mphasis 'Sparks' cutting edge, future proof Digital Acceleration Program
Microsoft has made a move to boost sales of its Lumia device-- in the form of some really generous discounts. The company has slashed prices of a number of its devices in its smartphone range, and it's as big as 46 per cent off its US launch price. Microsoft is now offering the Lumia 950 for only $399, which is about 27 per cent cheaper compared to its original $549 cost."/>
BRIEF: Special offer from Microsoft: Big discounts on Lumia devices [Khaleej Times, Dubai, United Arab Emirates]
Leidos Holdings Inc. has closed an agreement with US-based aerospace company Lockheed Martin under which Leidos combined with Lockheed Martin's realigned Information Systems and Global Solutions business in a Reverse Morris Trust transaction, the company said. A Reverse Morris Trust is a transaction that combines a spin-off with an acquisitive reorganization, or statutory merger, to allow a tax-free..."/>
Leidos Closes Merger with Lockheed Martin Information Systems in USD 5bn Reverse Morris Trust Transaction
Nuance Communications, Inc. has closed the acquisition of California-based digital customer service and engagement solutions provider TouchCommerce, the company said. Total consideration is USD 215 m. At closing, Nuance paid USD 110 m in cash and USD 85 m in a combination of cash and Nuance common stock determined by Nuance."/>
Nuance Communications Closes USD 215m Acquisition of Customer Engagment Solutions Firm TouchCommerce
Mexico Initiative progresses [Odessa American, Texas]
Intel revived its slumbering contract manufacturing business Tuesday, announcing it will make computer chips for smartphones based on technology from rival ARM Holdings. Intel has plenty of manufacturing capacity, with one leading-edge factory sitting idle in Arizona even as it wraps up construction on the second phase of its D1X factory in Hillsboro. Intel will make the new chips for LG Electronics."/>
Intel will make mobile chips using technology from rival ARM [The Oregonian, Portland, Ore.]
MySize Inc. Issues Product Update
Buffalo Wild Wings ® Inc. today announced a partnership with Electronic Arts and Respawn Entertainment to serve as the exclusive restaurant partner for the highly anticipated release of Titanfall 2. Every time a Guest visits a Buffalo Wild Wings restaurant from October 28– November 30 to dine-in or pick-up takeout, they’ ll receive a unique code that can be redeemed for exclusive, in-game Titanfall 2 content. This Smart News Release features multimedia."/>
Buffalo Wild Wings Partners with Electronic Arts and Respawn Entertainment to Provide Guests with Exclusive Codes to Unlock Titanfall 2 Content

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