Industry News

Photon Control Inc., a leading developer of optical measurement technologies, reported its unaudited financial results for the second quarter and six? month periods ended June 30, 2016. All results are reported in Canadian currency. Q2 Financial and Operational Results. Generated sales revenue of $7.2 million, the Company's second best quarterly total. Generated net earnings of $1.9 million, down from $3.8 million in Q2 2015, due in part to a demand..."/>
Photon Control Reports Second Quarter 2016 Financial Results
Sandvine, a leading provider of intelligent broadband network solutions for fixed and mobile operators, today released its latest Global Internet Phenomena Report Spotlight focusing on devices inside the connected home. The report is based on data from a small selection of Sandvine's fixed communications service provider customers in North America."/>
Sandvine report: North American homes average seven active connected devices
Avnet, Inc., a leading global technology distributor, released the PicoZed™ Embedded Vision Kit designed to help engineers more quickly and efficiently develop custom video applications including video analytics, machine vision, medical imaging, video surveillance and advanced driver assistance systems. The kit builds on the highly flexible and rugged PicoZed SOM, adding a video-specific carrier card and camera connector for add-on camera modules supported by the..."/>
Avnet Expands PicoZed SOM Portfolio with New Embedded Vision Carrier Card
ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced its unaudited financial results for the second quarter ended June 30, 2016.. Revenue was $250.0 million, compared with guidance range of $280-$290 million Gross margin was 16.5%, compared with 17.1% in Q1 2016 and 16.5% in Q2 2015 Net income was $5.5 million, compared with $5.7 million in Q1 2016 and net loss of..."/>
ReneSola Announces Second Quarter 2016 Results
Arista Networks today announced next-generation telemetry and analytics capabilities designed for modern cloud networks. The new Arista EOS and CloudVision features provide customers with deep visibility into today's network workloads, workflows, and workstreams on a network-wide basis, accelerating completion of day-to-day tasks and reducing..."/>
Arista Expands to Next-Generation Telemetry
Gravity Reports Second Quarter of 2016 Results
NCR Corporation, a global leader in omni-channel solutions, today announces the NCR Innovation Lab, a brand new research and development hub, which will focus on cross-functional research, innovation, and design-thinking. The NCR Innovation Lab will bring together NCR's R&D teams with its global innovation labs to drive a unified omni-channel..."/>
NCR Announces NCR Innovation Lab to Enable Digitally Integrated Businesses
Konami Gaming, Inc. announced a record release of next generation slot products set for debut at the Global Gaming Expo in Las Vegas on September 27– 29, 2016, including a complete Concerto™ lineup. Concerto SeleXion™, Concerto Slant™, Concerto Stack™, and Concerto Crescent™ will be on display for the first time, in addition to new premium releases, skill-based products, multi-station slots, iGaming solutions, and systems tools and updates."/>
Konami's All-New Concerto Video Slot Lineup Brings New Depth and Diversity to G2E 2016
Yintech Investment Holdings Limited, the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced that it has entered into a definitive agreement to acquire 100% equity interest in Gold Master Company Limited, which, through its subsidiaries, offers online spot commodity trading services to individual customers in China on the Shanghai Gold Exchange.."/>
Yintech to Acquire the Second Largest Online Provider of Spot Commodity Trading Services in China
Oracle Corporation racing to compete with well-established Amazon Web Services and Microsoft to capitalise on the burgeoning segment. The California-based Oracle is making a massive investment on cloud infrastructure in Thailand as internet-based computing services play an increasingly prominent role across businesses. Amazon Web Services..."/>
Oracle joins competition for domestic cloud market [Bangkok Post, Thailand]
Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today a new integration with Qualia, a cloud-based settlement software that streamlines every step in the title and escrow process, to enable rate and fee quoting, title and settlement ordering on Closing Disclosure forms, and document sharing directly from Ellie Mae's Encompass all-in-one mortgage management..."/>
Ellie Mae Announces Integration with Qualia; New Integration Enables Quoting and Ordering Directly from Encompass Platform
Facebook and Twitter to cheer for thrilling victories, engage with athletes, see highlights, and share in the live coverage. Both companies achieved new records of views, clicks and tweets during the period."/>
Rio Olympics data recap: 187 million tweets, 1.5 billion Facebook interactions [Mint, New Delhi]
Piramal Enterprises partners with Bain Capital for stressed asset investment fund. Billionaire Ajay Piramal-led Piramal Enterprises Ltd on Tuesday said it is launching a $1 billion distressed asset investment platform in association with private equity fund Bain Capital Credit, reported Mint."/>
Deals Buzz: Piramal, Bain Capital to launch stressed asset investment fund [Mint, New Delhi]
Nano Dimension Ltd., a leader in the field of 3 D Printed Electronics, announced today that its wholly owned subsidiary, Nano Dimension Technologies, has supplied the first DragonFly 2020 system designated for 3 D circuitry and PCBs. The supply was made to a leading defense company in Israel for evaluation purposes and is expected to be installed at the partner's site in the coming days. To date, Nano Dimension has proven its capabilities of..."/>
Nano Dimension Supplies First DragonFly 2020 System to Leading Israeli Defense Company
Tata Consultancy Services, a multinational information technology company based in Mumbai, India, and that the company will dismiss a cross-complaint."/>
International software firm settles lawsuit, pays O.C. $26 million [The Orange County Register]
ManpowerGroup, global leader in innovative workforce solutions, today announced an agreement with Ciber, Inc., a leading global information technology consulting, services and outsourcing company, to acquire its business in Norway. The acquisition of Ciber Norway complements the organic growth of ManpowerGroup's own professional resourcing and project-based workforce solutions arm, Experis, and will help meet growing demand in the IT..."/>
ManpowerGroup Announces Acquisition of Ciber Norway
Boston Herald The Ticker column [Boston Herald]
ServiceSource, the global leader in customer success and revenue-as-a-service solutions, today announced it has relocated its Asia-Pacific headquarters in Singapore to a new, larger and more central location in Mapletree Business City 2. The company celebrated the grand opening of its new location with a ribbon-cutting,..."/>
ServiceSource Celebrates Expansion of Asia-Pacific Headquarters in Singapore, Increases Focus on Regional Market Opportunities
Yes Bank Ltd, on Tuesday launched seven credit cards together to boost its retail banking business in partnership with MasterCard. The cards come in two categories, where one is Yes Prosperity range under which there are five credit cards and the other is Yes First range under which there are two credit cards. The Yes First range is available for its high networth customers."/>
Yes Bank launches 7 credit cards [Mint, New Delhi]
FirstCry in talks to raise $75 million [Mint, New Delhi]

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