President and Chief Executive Officer Jim Anderson Steps Down to Pursue a New Opportunity HILLSBORO, Ore.–(BUSINESS WIRE)–$LSCC #FPGA–Lattice Semiconductor Corporation (Nasdaq: LSCC), the low power programmable leader, today announced the appointment of Esam Elashmawi, Chief Marketing and Strategy Officer, as Interim Chief Executive Officer effective immediately. Mr. Elashmawi’s appointment follows the decision by Jim Anderson […]

Key News Highlights Insurance provider enhances its Cyber and Tech E&O surplus capabilities to better serve mid-market to large businesses. Coverage now available to businesses with up to $5B in revenue (up from $2B). Aggregate limits now available up to $10M (up from $5M). SAN FRANCISCO–(BUSINESS WIRE)–At-Bay, the insurance provider for the digital age, announced […]

New additions in cybersecurity and property technology support growing M&A activity in these sectors The expansion of coverage in the Americas complements Macquarie Capital’s activity as an advisor and investor globally NEW YORK–(BUSINESS WIRE)–Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has appointed Matt Fiore and […]

ExaGrid completes Veeam S3 Object Storage verification program FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–VeeamON – ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, announced today during the annual VeeamON 2024 event that ExaGrid has achieved “Veeam® Ready-Object” […]

MELBOURNE, Fla.–(BUSINESS WIRE)–L3Harris Technologies (NYSE:LHX) has completed its sale of the company’s antenna and related businesses to an affiliate of Kanders & Company, Inc. for $200 million. The deal aligns with L3Harris’ portfolio-shaping strategy of divesting non-core assets, with transaction proceeds to be used consistent with capital allocation plans. The transaction includes $175 million in […]

Revenues of $1.85 billion; 0.4% organic growth; organic growth reflects impacts of divestitures Net income of $77 million; Adjusted EBITDA(1) of $166 million or 9.0% of revenues Diluted earnings per share of $1.48; Adjusted diluted earnings per share(1) of $1.92 Cash flows provided by operating activities of $98 million; Transaction-adjusted free cash flow(1) of $21 […]

RICHARDSON, Texas–(BUSINESS WIRE)–#3GPP–Mavenir, the cloud-native network infrastructure provider building the future of networks, Qualcomm and EchoStar successfully demonstrated the Reduced Capability (RedCap) 5G capabilities of its Open virtualized Radio Access Network (Open vRAN) solution on the Boost Mobile Network in the U.S. This milestone demonstration – delivered using Qualcomm’s Snapdragon® X35 5G Modem-RF System – […]

OT network operators now have access to continuous compliance checks and reports CHICAGO–(BUSINESS WIRE)–Network Perception, innovators of operational technology (OT) solutions that visualize and secure the Connected Critical Infrastructure, today introduced a Reporting as a Service (RaaS) solution that utilizes the NP-View Platform for NERC CIP and TSA evidence documentation, enhancing operational processes and compliance. […]

Cloud-first platform enhances security, visibility and agility Haier’s technology investment focuses on enhanced business performance PARIS–(BUSINESS WIRE)–Haier Europe, part of Haier Smart Home – number one company globally in major appliances with brands such as Candy, Hoover and Haier – has chosen Orange Business connectivity and IoT services to help innovate its sustainable solutions, while […]

DALLAS–(BUSINESS WIRE)–#Acquisition–MOURI Tech LLC, a global enterprise IT services provider, announced the acquisition of Versant Systems PTE LTD, a Singapore-based IT services company. This strategic move marks a significant milestone in MOURI Tech’s expansion strategy, as it strengthens the company’s presence in the Asia-Pacific (APAC) region and meets the growing demands of its global clientele. […]