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Zoom to Acquire Kites GmbH

Zoom to Acquire Kites GmbH

SAN JOSE, Calif. and KARLSRUHE, Germany, June 29 (Korea Bizwire) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has signed a definitive agreement to acquire Karlsruhe Information Technology Solutions – Kites GmbH (“Kites”), a start-up dedicated to developing real-time Machine Translation (“MT”) solutions. The terms of the transaction were not disclosed. Kites was [...]

The Globe and Mail’s Sophi.io Wins Digiday Media Award

The Globe and Mail’s Sophi.io Wins Digiday Media Award

TORONTO, June 28 (Korea Bizwire) – Sophi.io, The Globe and Mail’s artificial intelligence-based automation and prediction engine, won the 2021 Digiday Media Award for Best Publisher Platform, which recognizes technology that is most successful in helping publishers achieve their goals. “AI is an essential technology for helping publishers add authentic value to stories — extending their [...]

Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 25 (Korea Bizwire) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, including the exercise in full by [...]

Synchronoss Technologies, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

Synchronoss Technologies, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

BRIDGEWATER, N.J., June 25 (Korea Bizwire) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross [...]

Synchronoss Technologies, Inc. Announces Proposed $120 Million Public Offering of Senior Notes

Synchronoss Technologies, Inc. Announces Proposed $120 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 24 (Korea Bizwire) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in [...]

Synchronoss Technologies, Inc. Announces Proposed $100 Million Public Offering of Common Stock

Synchronoss Technologies, Inc. Announces Proposed $100 Million Public Offering of Common Stock

BRIDGEWATER, N.J., June 24 (Korea Bizwire) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $100 million of shares of its common stock in an underwritten [...]

JW Player Raises $100M in Series E to Help Fuel Growth in the Rapidly Expanding Digital Video Economy

JW Player Raises $100M in Series E to Help Fuel Growth in the Rapidly Expanding Digital Video Economy

NEW YORK, June 24 (Korea Bizwire) – JW Player, the leading video software and data insights platform, today announced it has raised $100M in Series E funding from LLR Partners. The latest investment comes on the heels of record video streaming growth and strong profitability during the previous 12 months. With this financing, JW Player will accelerate product [...]

Lantronix Announces SmartEdge Partner Program Award Winners

Lantronix Announces SmartEdge Partner Program Award Winners

IRVINE, Calif., June 24 (Korea Bizwire) – Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, today announced the winners of its SmartEdge™ Partner Program Awards. The awards were given at Lantronix’s 2021 [...]