Industry News

ChinaCache International Holdings Ltd., the leading total solutions provider of Internet content and application delivery services in China, today announced that it will report its second quarter 2016 unaudited financial results on August 18, 2016, after the close of trading in the U.S.. The Company has scheduled a conference call and live webcast to discuss the financial results at 8:00 PM on August 18, 2016. The dial-in details for the live conference..."/>
ChinaCache International Holdings Ltd. to Announce Second Quarter 2016 Financial Results on August 18, 2016
Many Big-City Renters Earn Enough to Buy
Redknee Solutions Inc., a leading provider of real-time monetization and subscriber management software, announced that it received a letter from Crescendo Partners on August 11, 2016 that was subsequently publicly disclosed by Crescendo Partners. In its letter, Crescendo Partners indicates that it is a significant shareholder of Redknee, and urges Redknee's Board of Directors to commence a process for the sale of Redknee. Redknee is committed to..."/>
Redknee Solutions Responds to Crescendo Partners' Letter
Neonode Inc., the optical interactive sensing technology company, today announced it has entered into definitive agreements with institutional and accredited investors for the private placement of $8.7 million of Neonode’ s common stock and common stock warrants.. Pursuant to the terms of the private placement, Neonode has agreed to sell an aggregate total of 8,627,352 shares of common stock. Of this amount, $8.2 million will be sold at a price of..."/>
Neonode to Raise $8.7 Million in Private Placement
Lockheed Martin announced today that the final exchange ratio for its exchange offer for shares of common stock of Lockheed Martin will be 8.2136 shares of common stock of Abacus Innovations Corporation for each share of Lockheed Martin common stock validly tendered and not properly withdrawn. As a result, Lockheed Martin stockholders who tender their shares of Lockheed Martin common stock in the exchange offer will receive..."/>
Lockheed Martin Sets Final Exchange Ratio of 8.2136 for Exchange Offer for IT and Technical Services Businesses
Oracle Data Cloud today launched the largest business-to-business audience data marketplace to help make programmatic and data-driven B2B marketing easier. To help B2B marketers improve their targeting throughout the marketing funnel, Oracle Data Cloud's B2B audience solution provides access to more than 400 million business profiles through thousands of B2B audience segments, thus creating a highly scalable and..."/>
Oracle Launches Largest B2B Audience Data Marketplace
Avnet, Inc. today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share. The dividend will be paid on September 16, 2016, to shareholders of record as of the close of business on September 7, 2016.. From components to cloud and design to disposal, Avnet, Inc. accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and..."/>
Avnet, Inc. Declares Regular Quarterly Dividend
Paychex, Inc., a leading provider of integrated human capital management solutions for small- to medium-sized businesses, has launched a new content hub, Paychex WORX. This digital destination offers insightful knowledge, tools, and resources for businesses at every stage, from entrepreneur to enterprise. "We know employers are looking to take their businesses to the next level, and Paychex created WORX to help them do just that," Andrew Childs, Paychex vice president of marketing,..."/>
New Paychex WORX Content Hub Offers Insightful Resources for Businesses Owners
Leidos, a national security, health and infrastructure solutions company, was awarded the AIE-3 contract, a prime contract by the U.S. Department of the Army to provide automated installation entry solutions to the Product Manager– Force Protection Systems. The single-award indefinite-delivery/indefinite-quantity firm fixed-price contract has a two-year base period of performance, two one-year options, and a total contract value of $99..."/>
Department of the Army Awards Leidos Prime Contract
Yelp Inc. in a "strategic partnership" that will expand the Oakland-based software startup's reach to millions more customers. The San Francisco-based Yelp said over the coming months it planned to integrate Nowait's reservation platform with Yelp's mobile app, through which users can search and review restaurants. The partnership extends Nowait's reach to Yelp's 23 million mobile..."/>
Yelp invests $8M in Oakland-based restaurant reservation app Nowait [The Pittsburgh Tribune-Review]
FIS prices offering of three series of senior notes
Comcast to move faster in boosting internet speed."/>
Google pushes rivals to offer high-speed internet service [Mercury News]
TTM Technologies, Inc., a leading global printed circuit board manufacturer, today announced that members of its management team will present at the following investor conferences:. The Drexel Hamilton Technology, Media& Telecom Conference in New York City at the W Hotel on September 7 th, 2016 at 2:40pm Eastern Time; and The Deutsche Bank Leverage Finance Conference in Scottsdale, Arizona at the Phoenician on September 27 th, 2016 at 4:55pm Pacific..."/>
TTM Technologies, Inc. Announces Upcoming Conference Participation
ChipMOS TECHNOLOGIES LTD., an industry leading provider of outsourced semiconductor assembly and test services, today announced that its shareholders have approved the merger of ChipMOS with and into ChipMOS TECHNOLOGIES INC., a company limited by shares incorporated under the laws of the Republic of China and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving..."/>
UPDATE: MERGER APPROVED BY SHAREHOLDERS OF ChipMOS AND ChipMOS TAIWAN
Cypress Semiconductor Corporation announced on Thursday the appointment of Hassane El-Khoury as its president, chief executive officer and a member of its board of directors. Before joining Cypress in 2007, El-Khoury served in various roles with Continental Automotive Systems in the US, Germany and Japan. Prior to Continental, he earned his bachelor's of science degree in electrical engineering from Lawrence Technological University in Michigan and his master's degree..."/>
Cypress appoints Hassane El-Khoury as president and CEO
Intermap Technologies Corporation today reported financial results for the second quarter ended June 30, 2016. A conference call will be held today, August 12 th, at 11:00 a.m. Eastern Time to discuss the results. All amounts in this news release are in United States dollars unless otherwise noted. Intermap reported total revenue of $0.9 million for the second quarter of 2016, a 20% increase from $0.7 million in the second quarter of 2015. The majority of..."/>
Intermap Technologies Reports 2016 Second Quarter Financial Results
Intermap Technologies Corporation today reported financial results for the second quarter ended June 30, 2016. A conference call will be held today, August 12 th, at 11:00 a.m. Eastern Time to discuss the results. All amounts in this news release are in United States dollars unless otherwise noted."/>
Intermap Technologies Reports 2016 Second Quarter Financial Results
KongZhong Corporation, a leading online games publisher and developer in the PRC, announced that the Company and its affiliate, Beijing AirInbox Information Technologies Company Limited have executed a letter agreement Wargaming.net Limited on August 6, 2016.. In August 2010, Kong Beijing entered into a "World of Tanks" licensing agreement with Wargaming.Net LLP, which granted Kong Beijing the exclusive right to copy, distribute, operate and..."/>
KongZhong Corporation Signs Agreement with WGN regarding World of Tanks: Blitz and Iron Storm

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