Industry News

Avnet Inc, a provider of technology products, services and solutions, announced on Thursday the reaching of an agreement with the board of directors of Premier Farnell plc on the terms of a recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. This all-cash offer of GBP1.85 per share represents an equity value of approximately GBP691m and a 12.1% premium over the previous offer of GBP1.65 per share by Datwyler Technical Components UK Limited."/>
Avnet reaches agreement on cash offer to acquire Premier Farnell for GBP1.85 per share
Tobii AB on Thursday reported a negative EPS of SEK0.18 for the second quarter of 2016, from April 2016 to June 2016. This was a decline over a negative EPS of SEK0.13 in Q2 2015.. Operating loss for the quarter was a negative SEK29m, as compared with a negative SEK17m in Q2 of the prior year."/>
Tobii widens loss in Q2 2016
Tobii AB on Thursday reported a negative EPS of SEK0.18 for the second quarter of 2016, from April 2016 to June 2016. This was a decline over a negative EPS of SEK0.13 in Q2 2015.. Operating loss for the quarter was a negative SEK29m, as compared with a negative SEK17m in Q2 of the prior year."/>
Tobii widens loss in Q2 2016
Accenture announced on Thursday that it has acquired Tecnilgica, a Spanish company specialising in the use of emerging and open source technologies to build innovative omni-channel experiences for a wide range of mobile, web, touchscreens, wearables and IoT enabled devices. Financial details of this acquisition were not disclosed. Tecnilgica, headquartered in Madrid, Spain, has over 70 employees."/>
Accenture announces acquisition of Tecnilógica in Spain for undisclosed sum
Momo Inc., one of China’ s leading mobile social networking platforms, today announced that it will release its unaudited financial results for the second quarter of 2016 ended June 30, 2016 before the U.S. market opens on Tuesday, August 16, 2016.. Momo’ s management will host an earnings conference call on Tuesday, August 16, 2016 at 8:30 a.m. U.S. Dial-in details for the earnings conference call are as follows:."/>
Momo to Report Second Quarter 2016 Results on August 16, 2016
Precise Biometrics AB, a provider of fingerprint software, announced on Thursday that it has entered into a commercial software license and distribution agreement with Qualcomm Technologies Inc, a subsidiary of Qualcomm Incorporated, for the licensing of Precise BioMatch Mobile, the company's algorithm solution for fingerprint recognition,. This agreement includes a per unit license fee, as well as an annual fee, pertaining to the use of Precise BioMatch Mobile based on..."/>
Precise Biometrics to license Precise BioMatch Mobile to Qualcomm
Facebook says its new Shop Section feature for pages in Thailand can help small and medium-sized enterprises boost their product sales by 30%. Shop Section was launched in Thailand and other Southeast Asian countries in April and has received good feedback from SMEs and Facebook users. According to consultancy PwC, Thailand is a world leader in social commerce with 51% of digital buyers having purchased items directly via social media."/>
Facebook feature aids SMEs [Bangkok Post, Thailand]
Pokemon Go sparks safety fears [Bangkok Post, Thailand]
SMTC Corporation, a recognized global electronics manufacturing services provider, invites you to join its 2016 second quarter earnings call Monday, August 8, 2016 at 5:00 p.m. EDT. Sushil Dhiman, President and CEO will lead the call.. Those wishing to listen to the teleconference should access the webcast at the investor relations section of SMTC's website"/>
SMTC Corporation Invites You to Join Its 2016 Second Quarter Earnings Call
Nokia announced today that Vivek Badrinath has informed that he will step down from the Nokia Board of Directors effective immediately due to his appointment as Chief Executive for Vodafone's Africa, Middle East and Asia-Pacific region. Following the announcement, Nokia's Board of Directors will consist of the following eight members for a term ending at the close of the Annual General Meeting in 2017: Risto Siilasmaa, Olivier Piou, Bruce Brown,..."/>
Nokia announces a change in the composition of its Board of Directors
Innolux Corporation today announced its 2 Q 2016 consolidated revenues. Combined net sales for 2 Q 2016 amounted to NT$ 66.8 billion, gross profit was NT$ 1.55 billion, for a gross margin of 2.3%. Operating loss totaled NT$ 3 billion with an operating loss of 4.5%."/>
Innolux Corporation Announces Unaudited 2016 Second Quarter Gross profit NT$1.55 Billion
Longchamp bets on optimistic luxury [Mint, New Delhi]
Apple claims to have sold over a billion iPhones since 2007, when the product was launched by then chief executive Steve Jobs."/>
BRIEF: Apple iPhone: The journey to 1 billion units [Mint, New Delhi]
BIMobject AB today announce that its unique development technology BIMscript and LENA has reached 100 developers who are using the solution to develop BIM software native, highly intelligent and industry standard BIM objects based on mechanical CAD data.. BIMscript and LENA is an innovative technology and cloud solution designed to streamline and accelerate the process of BIM content creation. BIMscript enables objects to be created in BIMobject ® LENA and then hosted..."/>
100 developers committed to BIMscript and LENA
Megaport Limited today announced that it had signed an agreement to acquire Germany's second largest Internet Exchange operator PEERING GmbH which operates under the brand ECIX, based in Berlin, Germany. ECIX provides services to over 180 customers throughout its 30 points of presence within Germany. Megaport CEO Denver Maddux said: "Europe represents a tremendous opportunity for Megaport and our acquisition of PEERING GmbH..."/>
Megaport Launches Services in Europe
Advanced Semiconductor Engineering, Inc., among the leading providers of packaging and testing services, today reported unaudited net revenues of NT $62,601 million for the second quarter of 2016, down by 11% year-over-year and up by 0.4% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT $4,679 million, up from a net income attributable to shareholders of the parent of NT $3,652 million in 2..."/>
Advanced Semiconductor Engineering, Inc. Reports Unaudited Consolidated Financial Results for the Second Quarter of 2016
Nokia Corporation's 2011 Stock Option Plan a total of 27 500 Nokia shares were subscribed for between June 16 and July 25, 2016. The subscription price was EUR 1.82 per share for 17 500 shares and EUR 2.35 per share for 10 000 shares. The total amount of the subscription price, EUR 55 350.00, will be recorded in the fund for invested non-restricted equity and, consequently, the share capital of the company does not increase. The new shares carry all the..."/>
Exercises with stock options of Nokia Corporation
Facebook increasing its quarterly profit to over $2 billion in the three months ended 30 June, a mere six months after it hit $1 billion is significant, but there's something even more important in the numbers presented by the company's founder-chief executive officer Mark Zuckerberg on Wednesday. And that's an inflection point that highlights even more troubled days for print media companies. Total revenue grew by 59% year-on-year to $6.4 billion, and..."/>
Facebook results deliver more bad news for newspapers [Mint, New Delhi]
Optimistic luxury [Mint, New Delhi]

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