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German Firms Reshape Hybrid Clouds for AI Workloads

German Firms Reshape Hybrid Clouds for AI Workloads

Rising AI demand and sovereignty requirements are changing infrastructure choices, ISG Provider Lens® report says

FRANKFURT, Germany–(BUSINESS WIRE)–
German enterprises are redesigning private and hybrid cloud environments to support AI workloads while achieving greater control over sensitive data and managing new operational requirements, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

The 2026 ISG Provider Lens® Private/Hybrid Cloud — Data Center Services report for Germany finds that data center strategies are changing as AI becomes embedded in infrastructure environments. Computing requirements are increasing while regulation and energy shortages place tighter constraints on capacity, location and governance.

“German enterprises can no longer treat AI as a separate technology layer,” said Matthias Paletta, director at ISG. “It needs to be integrated with the entire stack. Organizations are redesigning infrastructure and operating models for performance, control and accountability in the age of AI.”

IT operations in German organizations, across on-premises and cloud infrastructure, are shifting from reactive maintenance toward predictive and increasingly autonomous models. AI-enabled monitoring helps teams detect anomalies and anticipate maintenance needs, while GenAI copilots and self-service interfaces simplify troubleshooting and capacity planning.

German companies are reconsidering where workloads run as hyperscalers raise costs and change licensing terms and new data-control requirements emerge. Increasingly, they place sensitive systems in private or hybrid environments, using public clouds selectively for scalable services. This approach is especially important in regulated sectors that require local control and traceable governance.

Germany’s industrial enterprises are adding edge infrastructure to hybrid cloud architectures to process data close to factories and other operating sites. Local AI inference supports time-sensitive applications that cannot rely on round trips to centralized data centers. Enterprises increasingly expect edge environments to operate under the same management and governance model as core and cloud infrastructure.

As AI computing becomes more power intensive, sustainability is becoming a formal criterion for infrastructure sourcing. German enterprises increasingly assess colocation providers based on their ability to support high-density systems and provide clear data on energy and water efficiency. These measures help organizations compare expansion plans against environmental reporting requirements, ISG says.

“German enterprises increasingly expect proof of private and hybrid cloud consumption, cost and compliance,” said Ulrich Meister, lead author of the report. “Providers that make these factors transparent across hybrid environments will be better positioned to support informed infrastructure decisions.”

The report also explores other public and hybrid cloud trends in Germany, including provider consolidation and the growing importance of partnerships among colocation operators, managed services providers and telecommunications companies.

For more insights into private and hybrid cloud-related challenges faced by enterprises in Germany, plus ISG’s advice for addressing them, see the ISG Provider Lens Focal Points briefing here.

The report evaluates the capabilities of 105 providers across seven quadrants: AI-ready Infrastructure Managed Services — Large Accounts, AI-ready Infrastructure Managed Services — Midmarket, Managed Cloud Hosting and Resilient Infrastructure Services — Large Accounts, Managed Cloud Hosting and Resilient Infrastructure Services — Midmarket, Sustainable Colocation Services — Large Accounts, Sustainable Colocation Services — Midmarket and Edge Computing Services.

The report names Deutsche Telekom/T-Systems as a Leader in five quadrants. Atos and NTT DATA are named Leaders in three quadrants each. Accenture, Arvato Systems, CANCOM, Capgemini, Claranet, DATAGROUP, HCLTech, Kyndryl, plusserver, q.beyond, Rackspace Technology and Syntax are named Leaders in two quadrants each. The report names akquinet, All for One Group, AtlasEdge, Cognizant, Computacenter, CyrusOne, DARZ, Digital Realty, DXC Technology, Equinix, GRASS-MERKUR, Infosys, ITENOS, KAMP, maincubes, Materna, nLighten, noris network, PFALZKOM, STACKIT, TCS, Telehouse, TelemaxX, WIIT and Wipro as Leaders in one quadrant each.

In addition, Equinix, Kyndryl, msg systems, NTT DATA, Portus Data Centers, WIIT and x-ion(dataR) are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

In the area of customer experience, CS Global IT is named the global ISG CX Star Performer for 2026 among private/hybrid cloud and data center service providers. CS Global IT earned the highest customer satisfaction scores in ISG’s Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.

Customized versions of the report are available from akquinet, noris network, PFALZKOM, Portus Data Centers and T-Systems.

The 2026 ISG Provider Lens Private/Hybrid Cloud — Data Center Services report for Germany is available to subscribers or for one-time purchase on this webpage.

About ISG

ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data and research, in-depth knowledge and governance of provider ecosystems, and the expertise of its 1,500 professionals worldwide working together to help clients maximize the value of their technology investments.

Press Contacts:

Laura Hupprich, ISG

+1 203-517-3132

[email protected]

Philipp Jaensch, ISG

+49 151 730 365 76

[email protected]

KEYWORDS: Germany Europe

INDUSTRY KEYWORDS: Professional Services Technology Data Analytics Software Consulting Artificial Intelligence

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Streamlabs Launches Network Boost: Flawless IRL Streaming, Zero Expensive Hardware

Streamlabs Launches Network Boost: Flawless IRL Streaming, Zero Expensive Hardware

  • Reliable Connectivity: Helps creators stay live when network conditions change
  • No Specialized Hardware: Reduces reliance on costly bonding hardware and complex setups
  • More Freedom to Create: Makes IRL streaming more accessible to creators

 

LAUSANNE, Switzerland & SAN JOSE, Calif.–(BUSINESS WIRE)–
Logitech G Streamlabs today announced Network Boost, a new mobile feature for Streamlabs Ultra that helps creators improve stream reliability by combining multiple internet connections using the devices they already own.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260804055102/en/

Network Boost in Action: Capture a creator streaming with multiple connected devices to showcase how Streamlabs Network Boost combines available internet connections to help improve stream reliability, using the devices creators already own.

Network Boost in Action: Capture a creator streaming with multiple connected devices to showcase how Streamlabs Network Boost combines available internet connections to help improve stream reliability, using the devices creators already own.

As IRL streaming skyrockets, with Twitch viewers consuming over 391 million hours of IRL content last year alone, unstable cellular connections on crowded convention floors or city streets remain a massive barrier. Historically, fixing this required thousands of dollars’ worth of heavy bonding backpacks. Network Boost changes the game.

“A dropped stream means lost viewers and less revenue,” said Ashray Urs, Head of Logitech G’s Streamlabs. “With Network Boost, we’re giving creators reliable connectivity without the physical or financial burden.”

How It Works: DIY Cellular Bonding

Network Boost combines multiple internet connections for ultimate reliability. By running the Streamlabs Controller app on a secondary smartphone, creators can turn a backup device into a relay link—bonding cellular data and local Wi-Fi alongside their primary streaming device. If one connection drops, the other seamlessly takes over.

  • Zero Special Hardware: Replaces costly bonding rigs with your existing smartphones.
  • True Connection Bonding: Combines Wi-Fi and cellular data across multiple devices.
  • Background Operation: Runs silently via the Streamlabs Controller app while you broadcast.
  • iOS & Android Compatibility: Initiate streams from an iOS device and use iOS or Android devices as your relay links.

Seamless Transitions with Stream Shift

Network Boost builds on Streamlabs’ broader investment in mobile streaming. Earlier this year, Streamlabs introduced Stream Shift, enabling creators to move seamlessly between desktop and mobile streaming without ending their broadcast. Whether moving from the home studio to the streets, creators can transition devices while keeping their audience locked in.

Unlock Network Boost with Streamlabs Ultra.

Stream with greater confidence by accessing Network Boost, designed to help deliver a more stable mobile broadcasting experience when it matters most. Streamlabs Ultra includes 10 hours of Network Boost per month for $27/month or $189/year. For creators who stream IRL more frequently, Ultra Plus offers 80 hours of Network Boost per month for $79/month or $645/year, giving you the flexibility and capacity to support longer, more consistent streaming sessions.

Learn more about how Streamlabs is removing the barriers to mobile-based streaming at http://streamlabs.com/mobile-app/network-boost.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and unite people when working, creating, gaming, and streaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or the company blog.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

(LOGIIR)

Editorial Contact:

Ethan May

[email protected]

KEYWORDS: California Europe Switzerland United States North America

INDUSTRY KEYWORDS: Entertainment Other Entertainment Technology Audio/Video Mobile/Wireless Software Internet

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Network Boost in Action: Capture a creator streaming with multiple connected devices to showcase how Streamlabs Network Boost combines available internet connections to help improve stream reliability, using the devices creators already own.
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NXP Trimension Ultra-Wideband Powers BMW Group’s Digital Key Plus and Presence Detection

  • NXP’s Trimension Ultra-Wideband (UWB) ranging and radar solutions will be deployed by the BMW Group across its fleet, starting with selected 2026 vehicle programs
  • NXP’s Trimension NCJ29D6 family allows OEMs to use one UWB system for multiple use cases, from presence detection to hands-free car access
  • NXP’s single-chip secure UWB solution addresses both safety and convenience applications to maximize system value for OEMs

Copyright © BMW AG

EINDHOVEN, The Netherlands, Aug. 04, 2026 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that its Trimension NCJ29D6 family will be deployed in the BMW Group’s fleet, starting with selected 2026 vehicle programs. Part of the industry’s broadest UWB portfolio, the Trimension NCJ29D6 is the first monolithic automotive UWB solution to combine secure fine-ranging and robust short-range radar capabilities, enabling important safety applications such as presence detection.

Drivers benefit from a combination of enhanced safety features, such as presence detection, which provides continuous support during use. Despite this assistance, the driver retains full control of the vehicle and remains responsible at all times. Beyond a potential safety enhancement, UWB connectivity offers seamless convenience. For instance, BMW’s UWB-based Digital Key Plus replaces the traditional key fob with a smartphone or a smart watch. This allows drivers to securely unlock and lock the vehicle automatically and hands-free, even triggering personalized experiences like individual light conditions and welcome sequence upon approach.

Addressing potentially emerging regulatory requirements and supporting future NCAP protocols in Europe and China, presence detection technology helps reduce the risk of vulnerable passengers being left behind in a vehicle, where temperature levels can be unsafe. NXP’s Trimension NCJ29D6 utilizes UWB technology to detect a living being left behind in the car by identifying subtle motion patterns consistent with occupant presence. The in-cabin presence detection system indicates the possible presence of people or animals in the cabin when parked and sends a warning message to vehicle users.

“NXP’s proven Trimension UWB platform maximizes value for OEMs, using a single system to deliver multiple new and differentiating features for drivers,” said Markus Staeblein, Senior Vice President and General Manager, Secure Car Access, NXP Semiconductors. “Digital key and presence detection are just the beginning. OEMs will be able to deliver additional UWB-based features, such as kick sensing, intrusion alert or automatic charging, as they establish the secure hardware platform in their vehicles.”

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) is the trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets. NXP’s “Brighter Together” approach combines leading-edge technology with pioneering people to develop system solutions that make the connected world better, safer, and more secure. The company has operations in more than 30 countries and posted revenue of $12.27 billion in 2025. Find out more at www.nxp.com.

NXP, Trimension and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. All rights reserved. © 2026 NXP B.V

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ee94f20-0d01-4aac-a08c-59086245d809



For more information, please contact:
Americas & Europe
Phoebe Francis  
Tel: +1 737-274-8177
Email: [email protected]

Greater China / Asia 
Ming Yue
Tel: +86 21 2205 2690
Email: [email protected]

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TOHKnet and Adtran conduct Japan’s first 50G PON trial on a live network

TOHKnet and Adtran conduct Japan’s first 50G PON trial on a live network

News summary:

  • TOHKnet is exploring next-generation PON to meet enterprise demand while maintaining continuity across its regional fiber network

  • Using Adtran technology, the trial validated 50G PON, XGS-PON and EPON operating together on a single fiber network

  • Results show a practical path to evolve networks, enabling phased upgrades while maximizing fiber assets and avoiding service disruption

SENDAI, Japan–(BUSINESS WIRE)–
Adtran today announced that TOHKnet has completed Japan’s first live network trial demonstrating the coexistence of 50G PON, XGS-PON and EPON on a single fiber. Conducted in Sendai using Adtran’s SDX 6400 Series OLT, the demo showed how the platform enables three generations of PON technology to operate together in a live service environment. The results highlight a realistic path for operators to introduce 50G PON capacity while maintaining continuity for existing services, maximizing the value of deployed fiber assets and reducing the complexity and disruption typically associated with network upgrades.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803353435/en/

Adtran’s SDX 6400 Series is helping TOHKnet demonstrate how Japan’s operators can migrate to 50G PON without disrupting existing PON services.

Adtran’s SDX 6400 Series is helping TOHKnet demonstrate how Japan’s operators can migrate to 50G PON without disrupting existing PON services.

“As demand for digital services continues to grow, this trial is a key milestone for the future of fiber access in Japan,” said Toru Suruga, executive officer and GM of technical engineering department at TOHKnet. “It demonstrates how live networks can evolve from today’s service requirements toward the next phase of digital infrastructure. Our relationship with Adtran has developed over many years through technical cooperation, trust and shared understanding. That foundation has enabled us to take an early and proactive role in advancing multi-PON coexistence in real network conditions. For us, it’s about building a more adaptable network for our customers while continuing to support the digital growth of the Tohoku region.”

The live trial used Adtran’s SDX 6400 Series, a high-capacity, software-defined OLT designed to support next-generation PON evolution within established fiber networks. The platform integrates 50G PON, XGS-PON and EPON capabilities on a single fiber, enabling TOHKnet to assess how 50G PON can be introduced alongside deployed access technologies without requiring major changes to the optical distribution network. Its modular architecture gives operators control over performance, scale and deployment timing, enabling upgrades to align with customer demand. For regional providers serving enterprise customers, this approach supports service continuity, efficient aggregation and long-term capacity planning as bandwidth requirements continue to expand.

“This demo represents an important step in the transition to higher-capacity broadband infrastructure,” commented Damian Deleard, head of APAC sales at Adtran. “What matters here is that 50G PON is being proven in the kind of environment operators actually run. Networks aren’t built from scratch each time a new technology arrives. They’re layered over years, supporting different systems and service needs. TOHKnet has shown real leadership in Japan by demonstrating how higher-capacity access can be achieved without disrupting existing services. Years of close collaboration have given us a shared understanding of practical network evolution: adding capacity while maintaining continuity and shaping upgrades around real customer needs.”

About Adtran

ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) is the parent company of Adtran, Inc., a leading global provider of open, disaggregated networking and communications solutions that enable voice, data, video and internet communications across any network infrastructure. From the cloud edge to the subscriber edge, Adtran empowers communications service providers around the world to manage and scale services that connect people, places and things. Adtran solutions are used by service providers, private enterprises, government organizations and millions of individual users worldwide. ADTRAN Holdings, Inc. is also the majority shareholder of Adtran Networks SE, formerly ADVA Optical Networking SE. Find more at Adtran, LinkedIn and X.

Published by

ADTRAN Holdings, Inc.

www.adtran.com

For media

Gareth Spence

+44 1904 699 358

[email protected]

For investors

Rob Fink

+1 646 809 4048

[email protected]

KEYWORDS: Europe Japan India Asia Pacific

INDUSTRY KEYWORDS: VoIP Software Mobile/Wireless Networks Professional Services Internet Hardware Electronic Design Automation IOT (Internet of Things) Technology Satellite Finance Telecommunications

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Adtran’s SDX 6400 Series is helping TOHKnet demonstrate how Japan’s operators can migrate to 50G PON without disrupting existing PON services.
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Bending Spoons has entered into a definitive agreement to acquire Airtable for $1.285 billion

Bending Spoons has entered into a definitive agreement to acquire Airtable for $1.285 billion

MILAN–(BUSINESS WIRE)–
Bending Spoons S.p.A. (NASDAQ: BSP) announced that it has entered into a definitive agreement to acquire Airtable, in an all-cash transaction that values Airtable at an enterprise value of $1.285 billion, which, together with Airtable’s current net cash-and-cash-equivalents balance, implies an equity value of approximately $2.25 billion. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals.

“We’re looking forward to welcoming Airtable into Bending Spoons,” said Luca Ferrari, Bending Spoons CEO and co-founder. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows. The value being delivered is reflected in annual recurring revenue growing over 20% YoY to approximately $480 million as of June 2026, and joining forces with Bending Spoons will accelerate innovation even further. We’re committed to investing in Airtable for the long run, and doubling down on its core strength: bringing teams and workflows together in one flexible workspace. We plan to expand what can be done across the full spectrum of work and make Airtable even more valuable to customers at every scale.”

“When we founded Airtable in 2013, we set out to share the magic of building software with more people—to put the power to create apps in the hands of anyone, regardless of technical skill,” said Howie Liu, co-founder and CEO of Airtable. “Today, more than 500,000 organizations, including 80% of the Fortune 100, rely on Airtable to power their most critical work. Partnering with Bending Spoons gives us the resources and the long-term commitment Airtable needs to pursue that vision even more boldly as we build the AI-native platform of the future.”

The deal will mark Bending Spoons’ first acquisition since its listing on Nasdaq on July 1, 2026, adding Airtable to a growing portfolio of renowned global brands. Bending Spoons acquired AOL in January 2026 and Eventbrite in March 2026.

Details of the Proposed Transaction

Under the terms of the agreement, which was unanimously approved by the boards of directors of Bending Spoons and Airtable, Bending Spoons will acquire 100% of the issued and outstanding shares of Airtable in an all-cash transaction.

The transaction is expected to close later this year, subject to receipt of required regulatory approvals and other customary closing conditions. Until the transaction closes, both companies will continue to operate independently.

Legal Counsel and Financial Advisors

Willkie Farr & Gallagher LLP is serving as legal counsel to Bending Spoons, while EY Advisory S.p.A. is providing financial and tax due diligence services to Bending Spoons. Goldman Sachs Bank Europe SE, Succursale Italia, and J.P. Morgan are acting as co-financial advisors to Bending Spoons.

Latham & Watkins LLP is serving as legal counsel and AXOM Partners LLC is acting as financial advisor to Airtable.

About Bending Spoons

Bending Spoons is built on the conviction that operational excellence enables efficient growth through acquisitions. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings, and reinvests in additional acquisitions, thereby continuing the compounding cycle. The company has executed this strategy for more than a decade and, to date, has never sold a material business.

Bending Spoons strives to envision the most successful version of an acquired business, and works to close the gap between its current state and that vision as quickly and completely as possible.The transformation is typically deep and entails reorganizing teams, overhauling technology, redesigning user interfaces, accelerating product development, and enhancing marketing and monetization. AI is often both a central component of the vision and a key tool in implementing the transformation.

Bending Spoons’ performance is driven by its Platform—comprising its people, proprietary technologies, and proprietary data—and reflects an intense focus on achieving exceptional talent density, cultural strength, and technical capabilities.

Bending Spoons’ main businesses include AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo, and WeTransfer. In March 2026, the company served over 500 million monthly active users and more than 9 million monthly paying customers.

About Airtable

Airtable is the connected platform that powers how modern enterprises run their operations. By combining the familiarity of a spreadsheet with the depth of a database, Airtable lets teams build the custom apps their work depends on, without writing code or waiting on engineering. Across every industry, leading enterprises rely on Airtable to consolidate their product operations, marketing operations, and other mission-critical workflows into a single, flexible source of truth. More than 500,000 organizations, including 80% of the Fortune 100, run on Airtable to accelerate work, automate complex workflows, and turn the power of AI into measurable business impact.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements about the acquisition, expected benefits, and the expected closing timing. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Bending Spoons’ control.

Bending Spoons’ actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition; change in clients; regulatory measures; a change in external forces; risks associated with uncertainty as to whether the acquisition transaction will be completed; the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction; costs and potential litigation associated with the transaction; the failure to obtain necessary regulatory clearances or to satisfy the other closing conditions set forth in the agreement; risks that the proposed acquisition disrupts current plans and operations; potential difficulties in employee retention as a result of the proposed transaction; the distraction of management resulting from the proposed transaction; and other risk factors discussed from time to time by Bending Spoons in reports filed with, or furnished to, the Securities and Exchange Commission. Bending Spoons undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law.

For more information, visit our website https://bendingspoons.com/ and our Investors page https://investors.bendingspoons.com/.

Bending Spoons logos and photos: https://we.tl/t-l4EP2NyDKd.

Media Contacts

Bending Spoons: [email protected]

Airtable: [email protected]

KEYWORDS: Italy Europe

INDUSTRY KEYWORDS: Professional Services Data Management Data Analytics Technology Software Finance Artificial Intelligence

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Prologis Announces Recommended Acquisition of SEGRO plc

PR Newswire

Combination expands Prologis’ European platform 
and enhances long-term growth opportunities

SAN FRANCISCO, Aug. 4, 2026 /PRNewswire/ — Prologis, Inc. (NYSE: PLD) today announced that it has reached agreement with the board of SEGRO plc (LSE: SGRO) on the terms of a recommended acquisition of SEGRO, valuing SEGRO’s entire issued and to be issued ordinary share capital at approximately $18.8 billion.

Daniel S. Letter, chief executive officer of Prologis, commented:

“We are pleased to have reached agreement with the SEGRO Board on a combination that we believe will create meaningful value. This deal brings together SEGRO’s exceptional portfolio and customer relationships with Prologis’ global platform, operating expertise and financial strength.

We have great respect for SEGRO, its people and the business they have built over many years. The constructive engagement between our leadership teams throughout this process has reinforced our confidence in the opportunity ahead.

As we move forward, we will approach the work ahead thoughtfully and deliberately. We look forward to building on the strengths of both companies and creating even greater value for our customers and shareholders.”


Combination Highlights

The combination will:

  • bring together two premier portfolios in a global platform with approximately $269 billion of assets under management;
  • strengthen the customer value proposition through a more connected global network;
  • create a European operating portfolio of 368 million square feet, expanding Prologis’ European footprint by 47%;
  • establish a combined European development pipeline of 13 million square feet while increasing Prologis’ European land bank by 126%; and
  • expand long-term growth opportunities across logistics, energy and digital infrastructure.


Transaction Terms

Under the terms of the recommended acquisition, SEGRO shareholders will receive 0.0920 new Prologis shares for each SEGRO share. Shareholders may elect to receive cash in lieu of some or all of their Prologis share consideration, subject to the terms of the partial cash alternative. SEGRO shareholders will also be entitled to receive and retain any 2026 interim dividend of up to 10.14 pence per SEGRO share and any 2026 final dividend of up to 22.56 pence per SEGRO share, which SEGRO intends to pay prior to closing.

The maximum aggregate amount of cash available under the partial cash alternative is approximately £3.5 billion. Each SEGRO shareholder’s basic entitlement under the partial cash alternative is equal to 25% of the fixed price of 1,031.7 pence per SEGRO share. Accordingly, a shareholder electing to receive only its basic entitlement would receive 258 pence in cash and 0.0690 new Prologis shares for each SEGRO share.

Shareholders may elect to receive less than or more than their basic entitlement. Elections to receive cash in excess of the basic entitlement will be scaled back on a pro rata basis if aggregate cash elections exceed the maximum cash available. Shareholders who do not elect to participate in the partial cash alternative will receive 0.0920 new Prologis shares for each SEGRO share.

The cash consideration payable under the partial cash alternative will be funded through a committed term loan facility, together with existing liquidity and other available sources of funding.

Further details are available in the Rule 2.7 announcement, which is posted on the transaction microsite accessible through Prologis’ investor relations website.


Expected Financial Impact

The combination is expected to enhance Prologis’ long-term earnings and return potential. In the first full year following completion, assuming annualized run-rate synergies, the combination is expected to have a broadly neutral to minimally dilutive impact on Core FFO per share and AFFO per share.

Prologis expects to maintain A2/A credit ratings from Moody’s and S&P.


Approvals and Timing

The boards of Prologis and SEGRO have reached agreement on the terms of the transaction, and the SEGRO board unanimously intends to recommend it. The transaction is expected to close in the first half of 2027, subject to the requisite approvals of SEGRO shareholders, sanction of the scheme by the court, receipt of applicable regulatory approvals and satisfaction of customary closing conditions.

The transaction does not require approval by Prologis shareholders.

As part of the transaction, Prologis will apply for a secondary listing of its shares on the London Stock Exchange, with the approval of that application being a condition to completion.

ABOUT PROLOGIS

The world runs on logistics. At Prologis, we don’t just lead the industry, we define it. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one–not just shaping the future of logistics but building what comes next. Learn more at Prologis.com.

FURTHER INFORMATION

This document is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or pursuant to an exemption from registration under the Securities Act of 1933, as amended.

FORWARD-LOOKING STATEMENTS
The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we and SEGRO operate as well as management’s beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “will,” “can” and “estimates” including variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future—including statements relating to the combination, rent and occupancy growth, acquisition and development activity, including data center developments and power procurement related thereto, contribution and disposition activity, general conditions in the geographic areas where we and SEGRO operate, expectations regarding new lines of business, our and SEGRO’s respective debt, capital structure and financial position, our or SEGRO’s ability to earn revenues from co-investment ventures, form new co-investment ventures and the availability of capital in existing or new co-investment ventures—are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and, therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) Prologis’ and SEGRO’s ability to complete the combination on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties relating to satisfying the conditions to the combination; (ii) the effect of the combination on the ability of Prologis and SEGRO to operate their respective businesses and retain and hire key personnel and to maintain favorable business relationships; (iii) failure to realize expected benefits or synergies of the combination; (iv) significant transaction costs and/or unknown or inestimable liabilities; (v) the risk of shareholder litigation in connection with the combination, including resulting expense or delay; (vi) the risk that SEGRO’s business will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; (vii) risks related to future opportunities and plans for the combined company, including the uncertainty of expected future financial performance and results of the combined company following the closing of the transaction; (viii) risks related to the market value of the Prologis shares to be issued as consideration in the combination, including foreign currency exchange rates; (ix) other risks related to the completion of the combination and actions related thereto; (x) international, national, regional and local economic and political climates and conditions; (xi) changes in global financial markets, interest rates and foreign currency exchange rates; (xii) increased or unanticipated competition for our properties; (xiii) risks associated with acquisitions, dispositions and development of properties, including those specific to data center development and the integration of the operations of significant real estate portfolios; (xiv) maintenance of Real Estate Investment Trust status, tax structuring and changes in income tax laws and rates; (xv) availability of financing and capital, the levels of debt that we maintain and our credit ratings; (xvi) risks related to our investments in our co-investment ventures, including our ability to establish new co-investment ventures; (xvii) risks of doing business internationally, including currency risks; (xviii) environmental uncertainties, including risks of natural disasters; and (xix) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading “Risk Factors.” We undertake no duty to update any forward-looking statements appearing in this document except as may be required by law.

Prologis. (PRNewsFoto/Prologis, Inc.) (PRNewsFoto/Prologis, Inc.)

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Posted on

AudioCodes Reports Second Quarter 2026 Results and Declares Semi-Annual Dividend of 20 cents per share

PR Newswire

OR YEHUDA, Israel, Aug. 4, 2026 /PRNewswire/ — 

Second Quarter Highlights

  • Quarterly revenues increased by 3.1% year-over-year to $63 million;
  • Quarterly services revenues increased by 6.2% year-over-year to $34.6 million;
  • GAAP results:
    – Quarterly GAAP gross margin was 65.7%;
    – Quarterly GAAP operating margin was 5.1%;
    – Quarterly GAAP net income was $0.5 million, or $0.02 per diluted share.
  • Non-GAAP results:
    – Quarterly Non-GAAP gross margin was 65.8%;
    – Quarterly Non-GAAP operating margin was 7.4%;
    – Quarterly Non-GAAP net income was $3.9 million, or $0.15 per diluted share;
  • Net cash provided by operating activities was $6.1 million for the quarter.
  • AudioCodes repurchased 950,133 of its ordinary shares during the quarter at an aggregate cost of $8.9 million.

Details

AudioCodes (NASDAQ: AUDC) (the “Company”), a global leader in enterprise voice and VoiceAI business solutions, today announced its financial results for the second quarter ended June 30, 2026.

AudioCodes Logo

Revenues for the second quarter of 2026 were $63 million compared to $61.1 million for the second quarter of 2025.

Net income was $0.5 million, or $0.02 per diluted share, for the second quarter of 2026 compared to net income of $0.3 million, or $0.01 per diluted share, for the second quarter of 2025.

On a Non-GAAP basis, net income was $3.9 million, or $0.15 per diluted share, for the second quarter of 2026 compared to $4.1 million, or $0.14 per diluted share, for the second quarter of 2025.

Non-GAAP net income excludes: (i) share-based compensation expenses; (ii) amortization expenses related to intangible assets; and (iii) financial income (expenses) related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies. Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income and non-GAAP operating margin exclude: (i) share-based compensation expenses and (ii) amortization expenses related to intangible assets. Reconciliations of the non-GAAP measures to their most directly comparable GAAP measures are provided in the tables that accompany the condensed consolidated financial statements contained in this press release.

Net cash provided by operating activities was $6.1 million for the second quarter of 2026. Cash and cash equivalents, short-term bank deposits, short-term marketable securities, and long-term financial investments were $64.2 million as of June 30, 2026, compared to $75.7 million as of December 31, 2025. The decrease in cash and cash equivalents, short-term bank deposits, short-term marketable securities, and long-term financial investments was the result of the use of cash for the continued repurchase of the Company’s ordinary shares pursuant to its share repurchase program and the payment of a cash dividend during the first quarter. This was partially offset by cash generated from operating activities and proceeds from the maturity of marketable securities.

“I am pleased to announce strong financial results for the second quarter of 2026, reflecting well on the execution of our strategic initiative to transform AudioCodes into a voice AI-driven cloud software and services company,” stated Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.

Second-quarter results were propelled again by sustained momentum across our two principal growth pillars: the Live suite of managed services for UCaaS and CX, alongside our Conversational AI business. Collectively, these segments advanced Annual Recurring Revenue (ARR) to $84 million, marking an increase of 20% compared to the year ago period. Notably, our Microsoft Teams business maintained its strong momentum, growing 5% year over year.

Consistent with the first quarter of this year, our Conversational AI business grew by more than 50% year over year in the second quarter, reflecting strong and broad-based demand across our Voice AI portfolio. The growing adoption of voice as the most natural and preferred medium for business communication and collaboration is becoming the experience of many and strengthens our confidence in the long-term growth potential of the business. During the quarter, Voice AI Connect and Live Hub delivered record bookings, driven by an accelerating pipeline, consistent new logo acquisition, and significant expansion within our existing customer base. These solutions support both virtual agent and agent-assist capabilities across the growing contact center market, in both cloud and on-premises deployments. Voca CIC, our Microsoft Teams-certified contact center solution has also generated good business progress. In addition, Meeting Insights, our enterprise-grade meeting intelligence solution for cloud and on-premises environments, continues to gain traction as customer interest grows and the opportunity pipeline steadily expands. 

“Overall, we achieved our operational and financial targets through maintaining budgetary and managerial discipline. The ongoing investments in Live services and Voice AI have significantly contributed to our current success and position us favorably for continued healthy top-line growth throughout the remainder of 2026,” concluded Mr. Adlersberg. 

Share Buy Back Program

In May 2026, the Company received court approval in Israel to purchase up to an aggregate amount of $25 million of ordinary shares. The court approval also permits AudioCodes to declare a dividend out of any part of this amount. The approval is valid through November 12, 2026.

During the quarter ended June 30, 2026, the Company acquired 950,133 of its ordinary shares under its share repurchase program for a total consideration of $8.9 million.

As of June 30, 2026, the Company had $17.4 million available under this approval for the repurchase of shares and/or declaration of cash dividends.

As of June 30, 2026, the total outstanding shares of the Company are 24,590,849.

Cash Dividend

AudioCodes also announced today that the Company’s Board of Directors has declared a semi-annual cash dividend in the amount of 20 cents per share. The aggregate amount of the dividend is approximately $4.8 million. The dividend is payable on September 3, 2026, to all of the Company’s shareholders of record at the close of trading on the NASDAQ Global Select Market on August 19, 2026.

In accordance with Israeli tax law, the dividend is subject to withholding tax at source at the rate of 25% of the dividend amount payable to each shareholder of record, subject to applicable exemptions. If the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company’s share capital, the withholding rate is 30%.

The dividend will be paid in U.S. dollars on the ordinary shares of AudioCodes Ltd. that are traded on the Nasdaq Global Select Market or the Tel-Aviv Stock Exchange. The amount and timing of any other dividends will be determined by the Company’s Board of Directors.

Conference Call & Web Cast Information

AudioCodes will conduct a conference call at 8:30 A.M., Eastern Time today to discuss the Company’s second quarter of 2026 operating performance, financial results and outlook. Interested parties may participate in the conference call by dialing one of the following numbers:

United States Participants: 888-506-0062

International Participants: +1 (973) 528-0011

The conference call will also be simultaneously webcast. Investors are invited to listen to the call live via webcast at the AudioCodes investor website at http://www.audiocodes.com/investors-lobby.

Follow AudioCodes’ social media channels:

AudioCodes invites you to join our online community and follow us on: AudioCodes Voice Blog, LinkedIn, X, Facebook, and YouTube.

About AudioCodes

AudioCodes Ltd. (NASDAQ, TASE: AUDC) is a global leader in enterprise voice and VoiceAI business solutions. We help organizations unlock the full value of voice, transforming every conversation, whether human or AI, into a strategic asset that drives better business outcomes. Our portfolio spans voice connectivity, unified communications and contact center integration, and next-generation voice AI applications that enhance collaboration, automate workflows and deliver real-time insights. With over 30 years of global experience and trusted by 65 of the Fortune 100, AudioCodes powers the intelligent enterprise, connecting people, platforms and data to move business forward.

For more information on AudioCodes, visit http://www.audiocodes.com.

Statements concerning AudioCodes’ business outlook or future economic performance, product introductions and plans and objectives related thereto, and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are “forward-looking statements” as the term is defined under U.S. federal securities laws. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to, the following: the effect of global economic conditions in general and conditions in AudioCodes’ industry and target markets in particular, including governmental undertakings to address such conditions; shifts in supply and demand; market acceptance of new products and the demand for existing products; the impact of competitive products and pricing on AudioCodes’ and its customers’ products and markets; timely product and technology development, upgrades, the advent of artificial intelligence, and the ability to manage changes in market conditions and evolving regulatory regimes, as applicable; possible need for additional financing; the ability to satisfy covenants in AudioCodes’ financing agreements; possible impacts and disruptions from AudioCodes’ acquisitions, including the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes’ business; possible adverse impacts attributable to any pandemic or other public health crisis on our business and results of operations; the effects of the current and any future hostilities involving Israel, including in the regions in which we or our counterparties operate, which may affect our operations and may limit our ability to produce and sell our solutions; any disruption in our operations by the obligations of our personnel to perform military service as a result of current or future military actions involving Israel; and any other factors described in AudioCodes’ filings made with the U.S. Securities and Exchange Commission from time to time. AudioCodes assumes no obligation to update the information in this release.

©2026 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What’s Inside Matters, OSN, SmartTAP, User Management Pack, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, AudioCodes One Voice, AudioCodes Meeting Insights, and AudioCodes Room Experience are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners. Product specifications are subject to change without notice.

 

 


AUDIOCODES LTD. AND ITS SUBSIDIARIES


CONDENSED CONSOLIDATED BALANCE SHEETS


U.S. dollars in thousands      


June 30
,


December 31,


2026


2025


(Unaudited)


(Unaudited)


ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$ 51,414

$ 45,282

Short-term bank deposits

255

239

Short-term marketable securities

10,001

27,350

Trade receivables, net

62,877

67,358

Other receivables and prepaid expenses

18,581

19,064

Inventories

23,764

22,032

Total current assets

166,892

181,325

LONG-TERM ASSETS:

Long-term Trade receivables

$ 10,785

$ 13,065

Long-term financial investments

2,492

2,790

Deferred tax assets

7,026

7,773

Operating lease right-of-use assets

31,573

30,077

Severance pay funds

23,057

21,163

Total long-term assets

74,933

74,868

PROPERTY AND EQUIPMENT, NET

29,636

29,248

GOODWILL, INTANGIBLE ASSETS AND OTHER, NET

37,560

37,579

Total assets

$ 309,021

$ 323,020


LIABILITIES AND SHAREHOLDERS’ EQUITY

CURRENT LIABILITIES:

Trade payables

9,439

6,416

Other payables and accrued expenses

29,640

30,284

Deferred revenues

41,466

38,243

Short-term operating lease liabilities

7,430

6,635

Total current liabilities

87,975

81,578

LONG-TERM LIABILITIES:

Accrued severance pay

$ 19,097

$ 18,278

Deferred revenues and other liabilities

22,230

20,517

Long-term operating lease liabilities

33,938

31,348

Total long-term liabilities

75,265

70,143

Total shareholders’ equity

145,781

171,299

Total liabilities and shareholders’ equity

$ 309,021

$ 323,020

 

 

 


AUDIOCODES LTD. AND ITS SUBSIDIARIES


CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


U.S. dollars in thousands, except per share data


 Six months ended


Three months ended


 June 30,


June 30,


2026


2025


2026


2025


(Unaudited)


(Unaudited)

Revenues:

Products

$ 56,508

$ 56,290

$ 28,378

$ 28,515

Services

68,593

65,162

34,580

32,563


Total Revenues

125,101

121,452

62,958

61,078

Cost of revenues:

Products

20,160

21,936

10,249

10,919

Services

22,455

21,258

11,348

11,035


Total Cost of revenues

42,615

43,194

21,597

21,954

Gross profit

82,486

78,258

41,361

39,124

Operating expenses:

Research and development, net

27,354

25,899

13,296

12,873

Selling and marketing

40,664

38,376

20,984

19,815

General and administrative

7,906

7,738

3,883

3,836

Total operating expenses

75,924

72,013

38,163

36,524

Operating income

6,562

6,245

3,198

2,600

Financial income (expenses), net

(2,141)

522

(1,759)

(1,194)

Income before taxes on income

4,421

6,767

1,439

1,406

Taxes on income, net

(1,991)

(2,445)

(962)

(1,100)

Net income

$ 2,430

$ 4,322

$ 477

$ 306

Basic net earnings per share

$ 0.09

$ 0.15

$ 0.02

$ 0.01

Diluted net earnings per share

$ 0.09

$ 0.15

$ 0.02

$ 0.01

Weighted average number of shares used in computing
 basic net earnings per share (in thousands)

25,826

29,202

25,185

28,877

Weighted average number of shares used in computing
 diluted net earnings per share (in thousands)

26,322

29,699

25,753

29,353

 

 


AUDIOCODES LTD. AND ITS SUBSIDIARIES


RECONCILIATION OF GAAP TO NON-GAAP RESULTS


U.S. dollars in thousands, except per share data


Six months ended


Three months ended


June 30,


June 30,


2026


2025


2026


2025


(Unaudited)


(Unaudited)

Gross profit

$ 82,486

$ 78,258

$ 41,361

$ 39,124

Gross margin

65.9 %

64.4 %

65.7 %

64.1 %

Share-based compensation (1)

153

225

75

130

Amortization expenses (2)

–

244

–

122

Non-GAAP gross profit

82,639

78,727

41,436

39,376

Non-GAAP gross margin

66.1 %

64.8 %

65.8 %

64.5 %

Operating income

$ 6,562

$ 6,245

$ 3,198

$ 2,600

Operating margin

5.2 %

5.1 %

5.1 %

4.3 %

Share-based compensation (1)

2,811

3,276

1,422

1,688

Amortization expenses (2)

19

266

8

133

Non-GAAP operating income

9,392

9,787

4,628

4,421

Non-GAAP operating margin

7.5 %

8.1 %

7.4 %

7.2 %

Net income

$ 2,430

$ 4,322

$ 477

$ 306

Net earnings per share

$ 0.09

$ 0.14

$ 0.02

$ 0.01

Share-based compensation (1)

2,811

3,276

1,422

1,688

Amortization expenses (2)

19

266

8

133

Exchange rate differences (3)

2,388

918

1,980

1,953

Non-GAAP net income

$ 7,648

$ 8,782

$ 3,887

$ 4,080

Non-GAAP diluted net earnings per share

$ 0.28

$ 0.29

$ 0.15

$ 0.14

Weighted average number of shares used in computing
 Non-GAAP diluted net earnings per share (in thousands)

27,075

30,422

26,430

30,120

(1)  Share-based compensation expenses related to options and restricted share units granted to employees and others.

(2)  Amortization expenses related to intangible assets.

(3)  Financial income (expenses) related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies.


Note:  Non-GAAP measures should be considered in addition to, and not as a substitute for, the results prepared in accordance with GAAP.  The Company believes that non-GAAP information is useful because it can enhance the understanding of its ongoing economic performance and therefore uses internally this non-GAAP information to evaluate and manage its operations. The Company has chosen to provide this information to investors to enable them to perform comparisons of operating results in a manner similar to how the Company analyzes its operating results and because many comparable companies report this type of information.

The non-GAAP measures used by the Company may not be comparable to similarly titled non-GAAP measures used by other companies.

 

 


AUDIOCODES LTD. AND ITS SUBSIDIARIES


CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS


U.S. dollars in thousands


Six months ended


Three months ended


June 30,


June 30,


2026


2025


2026


2025


(Unaudited)


(Unaudited)


Cash flows from operating activities:

Net income

$ 2,430

$ 4,322

$ 477

$ 306

Adjustments required to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

2,212

1,913

1,131

959

Amortization of marketable securities premiums and accretion of discounts, net

122

197

44

93

Decrease (increase) in accrued severance pay, net

(1,075)

76

(823)

(57)

Share-based compensation expenses

2,811

3,276

1,422

1,688

Decrease in deferred tax assets, net

690

307

165

(312)

Cash financial loss (income), net

407

22

168

(31)

Decrease in operating lease right-of-use assets

2,263

2,199

1,057

1,453

Decrease (increase) in operating lease liabilities

(374)

422

786

1,965

Decrease (increase) in trade receivables, net

6,761

(3,136)

(2,905)

(3,922)

Decrease (increase) in other receivables and prepaid expenses

483

(4,444)

850

(6,827)

Decrease (increase) in inventories

(1,866)

4,976

(911)

2,121

Increase in trade payables

2,883

87

1,269

1,376

Decrease in other payables and accrued expenses

(4,150)

6,750

2,009

9,345

Increase in deferred revenues

5,320

4,215

1,357

(432)

Net cash provided by operating activities

18,917

21,182

6,096

7,725


Cash flows from investing activities:

Proceeds from short-term deposits

(16)

(18)

(13)

(19)

Proceeds from financial investment

122

178

88

65

Proceeds from maturity of marketable securities

17,377

3,200

14,377

–

Purchase of financial investments

(135)

(442)

(135)

–

Purchase of property and equipment

(2,296)

(3,259)

(1,051)

(1,785)

 

Net cash provided by (used in) investing activities

15,052

(341)

13,266

(1,739)

 

 


AUDIOCODES LTD. AND ITS SUBSIDIARIES


CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS


U.S. dollars in thousands


Six months ended


Three months ended


June 30,


June 30,


2026


2025


2026


2025


(Unaudited)


(Unaudited)


Cash flows from financing activities:

Purchase of treasury shares

(22,548)

(11,818)

(8,876)

(6,610)

Cash dividends paid to shareholders

(5,289)

(5,326)

–

–

Proceeds from issuance of shares upon exercise of options

–

173

–

110

Net cash used in financing activities

(27,837)

(16,971)

(8,876)

(6,500)

Net increase (decrease) in cash and cash equivalents

6,132

3,870

10,486

(514)

Cash and cash equivalents at beginning of period

45,282

58,749

40,928

63,133

Cash and cash equivalents at end of period

$ 51,414

$ 62,619

$ 51,414

$ 62,619

 

 


Company Contacts

Niran Baruch,

Chief Financial Officer 

AudioCodes

Tel: +972-3-976-4000


[email protected]

Roger L. Chuchen

VP, Investor Relations

AudioCodes

Tel:  +1-732-764-2552


[email protected]

 

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SOURCE AudioCodes

Posted on

CORRECTING and REPLACING Better Home & Finance Holding Company to Announce Second Quarter 2026 Results on August 6, 2026

CORRECTING and REPLACING Better Home & Finance Holding Company to Announce Second Quarter 2026 Results on August 6, 2026

NEW YORK–(BUSINESS WIRE)–
Please replace the release dated July 29, 2026, with the following corrected version due to multiple revisions.

The updated release reads: 

BETTER HOME & FINANCE HOLDING COMPANY TO ANNOUNCE SECOND QUARTER 2026 RESULTS ON AUGUST 6, 2026

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”) today announced that the Company will issue its second quarter 2026 results after market close on Thursday, August 6, 2026. Leadership will host a conference call and webcast to discuss results at 4:30 p.m. ET. A press release detailing the Company’s results will be issued prior to the call.

Details to register for the live webcast and to listen to the call by phone will be available on the Company’s investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time.

A replay will be available on the Company’s investor relations website shortly after the call ends.

Webcast Details:

Event Title: Better Home & Finance Holding Company Second Quarter 2026 Results

Event Date: August 6, 2026 04:30 PM (GMT-04:00) Eastern Time (US and Canada)

Attendee Registration Link: https://events.q4inc.com/attendee/309944226

About Better Home & Finance Holding Company

Better Home & Finance Holding Company (NASDAQ: BETR) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman®, to achieve a singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman® allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, leveraging Tinman MCP, the first AI loan agent built exclusively for the mortgage industry, is revolutionizing the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better’s mortgage offerings include GSE-conforming, FHA, VA loans, jumbo, and Non-QM mortgage loans as well as home equity loans. Better serves customers in all 50 US states.

For more information, follow @betterdotcom on Instagram and TikTok and @betrmortgage on X.

For investor relations related inquiries, please reach out to [email protected]

For press and media related inquiries, please reach out to [email protected].

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Technology Construction & Property Finance Fintech Public Relations/Investor Relations Banking Communications Professional Services Software Residential Building & Real Estate

MEDIA:

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Dr. Reddy’s Announces the First-to-Market Launch of Sugammadex Injection 200 mg/2 mL (100 mg/mL) and 500 mg/5 mL (100 mg/mL) Single-Dose Vials, a Generic Equivalent of Bridion®, in the United States

Dr. Reddy’s Announces the First-to-Market Launch of Sugammadex Injection 200 mg/2 mL (100 mg/mL) and 500 mg/5 mL (100 mg/mL) Single-Dose Vials, a Generic Equivalent of Bridion®, in the United States

HYDERABAD, India & PRINCETON, N.J.–(BUSINESS WIRE)–
Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) today announced the launch of Sugammadex Injection 200 mg/2 mL (100 mg/mL) and 500 mg/5 mL (100 mg/mL) Single-Dose Vials, a generic equivalent of Bridion®, in the United States (US), expanding its hospital portfolio and reinforcing its commitment to improving patient access to affordable, high-quality medicines.

Sugammadex Injection is a vertically integrated product manufactured through Dr. Reddy’s global supply network. Dr. Reddy’s launch of the product is on the first day of generic availability in the United States, underscoring the Company’s commitment to execution excellence and supply reliability. Sugammadex Injection (100mg/ml) is indicated for the reversal of neuromuscular blockade induced by rocuronium bromide and vecuronium bromide in adult and pediatric patients aged 2 years and older undergoing surgery.

The Bridion® brand (100mg/ml) had U.S. sales of approximately $1.6 billion for the latest 12-month period ended May 2026, according to IQVIA National Sales Perspectives data.

Bridion® is a registered trademark of Merck Sharp & Dohme B.V.

About Dr. Reddy’s: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is a global pharmaceutical company headquartered in Hyderabad, India. Established in 1984, we are committed to providing access to affordable and innovative medicines. Driven by our purpose of ‘Good Health Can’t Wait’, we offer a portfolio of products and services including APIs, generics, branded generics, biosimilars and OTC. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology. Our major markets include – USA, India, Russia & CIS countries, China, Brazil and Europe. As a company with a history of deep science that has led to several industry firsts, we continue to plan ahead and invest in businesses of the future. As an early adopter of sustainability and ESG actions, we released our first Sustainability Report in 2004. Our current ESG goals aim to set the bar high in environmental stewardship; access and affordability for patients; diversity; and governance. For more information, log on to: www.drreddys.com.

Disclaimer: This press release may include statements of future expectations and other forward-looking statements that are based on the management’s current views and assumptions and involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may”, “will”, “should”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “potential”, or “continue” and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to without limitation, (i) general economic conditions such as performance of financial markets, credit defaults, currency exchange rates, interest rates, persistency levels and frequency / severity of insured loss events, (ii) mortality and morbidity levels and trends, (iii) changing levels of competition and general competitive factors, (iv) changes in laws and regulations and in the policies of central banks and/or governments, (v) the impact of acquisitions or reorganization, including related integration issues, and (vi) the susceptibility of our industry and the markets addressed by our, and our customers’, products and services to economic downturns as a result of natural disasters, epidemics, pandemics or other widespread illness, including coronavirus (or COVID-19), and (vii) other risks and uncertainties identified in our public filings with the Securities and Exchange Commission, including those listed under the “Risk Factors” and “Forward-Looking Statements” sections of our Annual Report on Form 20-F for the year ended March 31, 2025. The company assumes no obligation to update any information contained herein.

INVESTOR RELATIONS

AISHWARYA SITHARAM

[email protected]


MEDIA RELATIONS

SANTOSH VYAS

[email protected]

KEYWORDS: New Jersey United States India North America Asia Pacific

INDUSTRY KEYWORDS: Oncology Health Diabetes Pharmaceutical Cardiology Biotechnology

MEDIA:

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IQM Quantum Computers Reports First Earnings as Public Company, Reporting First Half and Second Quarter 2026 Results, and Initiates FY 2026 Guidance Supported by Over EUR 102 million Order Backlog

IQM Quantum Computers Plc, Stock Exchange Release, Half year financial report August 4, 2026 at 08:00 (EEST)

ESPOO, Finland, Aug. 04, 2026 (GLOBE NEWSWIRE) — IQM Quantum Computers Plc (Nasdaq: IQMX) (“IQM”, “IQM Quantum Computers” or the “Company”), a global leader in full-stack superconducting quantum computers, today announced its financial results for the first half and second quarter of 2026, ended on June 30, 2026.

First Half and Year to Date 2026 Financial Highlights

  • Order backlog of EUR 69.1 million as of June 30, 2026 
    • EUR 33.0 million added to backlog since June 30, 2026, bringing total order backlog to over EUR 102.1 million as of August 3, 2026
  • Total revenues for the six months ended June 30, 2026, were EUR 8.9 million
  • Operating loss for the six months ended June 30, 2026, was EUR 60.5 million
  • Cash Balance of EUR 309.4 million as of July 2, 2026, inclusive of listing proceeds
  • 2026 Financial Outlook:  
    • Full-Year New Order Intake Target: EUR 65 million to EUR 75 million 
    • Full-Year 2026 Revenue Target: EUR 42 million to EUR 47 million 

First Half and Year to Date 2026 Operational Highlights

  • Expansion into several new markets, including Japan and Spain, through new customer wins and customer engagements
  • 17 systems in total delivered globally to customers since founding, with 26 total systems sold
  • Notably, first US delivery to US Department of Energy’s Oak Ridge National Laboratory in Tennessee in June 2026
  • Strong new sales momentum with a landmark deal announced with CSC, where IQM was selected to integrate a quantum computer into the LUMI AI Factory, connected to one of the world’s leading supercomputers
  • Concrete use-cases exploration with Deutsche Bahn that demonstrated a hybrid quantum-classical railway scheduling solution using real operational data on today’s IQM hardware
  • Significant advancements in error correction, first introducing tile codes and further refining them with the “barbell codes”—a novel family of qLDPC error correction codes customized for the IQM Constellation topology, showing strong improvement in efficiency
  • More than EUR 40 million investment into industrial expansion of our proprietary fab, doubling cleanroom capacity to enable the production of up to 30 full-stack quantum computers per year
  • Key ecosystem partnerships and collaborations including with NVIDIA, conducting AI-driven parallel qubit calibration using the NVIDIA Ising open family of AI models, helping automate system tuning and improve system uptime
  • Collaboration with HPE including integrating IQM’s superconducting quantum computers with HPE Cray HPC infrastructure for hybrid enterprise environments
  • Significantly strengthened and expanded board with independent industry professionals as board members
  • Expanded management team with experienced key new hires, including CTO, COO and promoting Chief Scientist
  • Hosted successful inaugural Capital Markets Day in June 2026. Materials are available on IQM’s website – Link

“Our public debut marks a historic milestone, demonstrating how technology leadership can capture global capital to transition quantum computing from research excellence into customer-ready computing infrastructure. IQM is operating from a position of verified commercial scale with 26 full-stack quantum computers sold, 17 delivered globally, and proven integration directly alongside AI supercomputers and high-performance data centers. As we execute our product roadmap and scale toward fault-tolerant quantum computing, our focus remains squarely on operational discipline, delivering real-world value, and strengthening our proposition as the partner of choice for sovereign and enterprise compute infrastructure,” said Dr. Jan Goetz, CEO.

“Our successful dual listing has fundamentally transformed our balance sheet, establishing a cash position of EUR 309.4 million that provides a robust financial runway well into the second quarter of 2028. Supported by strong commercial momentum, with our total order backlog surpassing EUR 102.1 million, we are confirming our full-year 2026 plan, with the momentum providing us confidence in our guidance. We are well-capitalized to strategically deploy cash into expanding our internal manufacturing capacity, accelerating on-premise system deliveries, and building long-term, sustainable market leadership in global quantum infrastructure,” said Jan Kuerschner, CFO.

This release contains a summary of IQM Quantum Computers Oyj’s financial results for the first half and second quarter of 2026. The summary focuses on group-level financial information and the Company’s outlook. Detailed financial information and notes are available in the financial report accompanying this release and on the Company’s website at https://investors.iqm.tech/. We encourage investors to review the tables and notes in the full report as well.

Conference Call and Webcast

IQM will host a conference call today, August 4, 2026, at 8:00 AM EDT to discuss its second quarter and first half 2026 financial results and full-year 2026 outlook.

You can listen to a live audio webcast of the conference call at https://edge.media-server.com/mmc/p/k7j4grx5 or the “Events & Presentations” section of the Company’s Investor Relations website at https://investors.iqm.tech/. A replay of the conference call will be available at the same locations following the conclusion of the call for one year.

About IQM Quantum Computers

IQM Quantum Computers (Nasdaq: IQMX) is a global leader in superconducting quantum computers, delivering full-stack quantum systems and cloud platform access to enterprises, research institutions, universities, high-performance computing centers, and national laboratories worldwide. IQM’s on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018 and headquartered in Finland, with major operations in Munich, IQM employs over 400 people and operates across Europe, Asia, and North America. IQM is the first publicly listed European quantum company on the Nasdaq Stock Market.

Contacts

Media contact: 

Michael Bruce
PR Manager    
[email protected]

Investor contact:  

Blair Robertson
Vice President, Strategy & Corporate Development
Investor Relations Officer
[email protected]

Key Operating Metrics

In addition to the measures presented in our consolidated financial statements, we use Order Backlog and Order Intake as indicators of future revenues from existing signed orders. This approach provides management with a transparent bridge from confirmed orders to revenue, linking sales performance with revenue realization, while remaining consistent with the external definition of backlog as confirmed, not yet recognized orders. We believe these metrics provide useful information for the market to understand and evaluate our results of operations in the same manner as our management team. Order Backlog represents the value of binding customer orders that have been confirmed but not yet recognized as revenue at a point in time. We calculate Order Backlog as the point in time balance of Order Intake less recognized revenue. Order Intake represents the total monetary value of binding customer orders signed during the period, excluding pipeline or expected orders, and reflects new business secured and future revenue generation. These metrics are presented for supplemental informational purposes only, should not be considered substitutes for financial information presented in accordance with IFRS Accounting Standards, and may differ from similarly titled metrics or measures presented by other companies. In this release, we have provided our Order Backlog both as of June 30, 2026 and August 3, 2026. In future releases, we intend to only provide quarterly Order Backlog, and we do not undertake to provide post-quarter updated information.

Cautionary Language and Forward-Looking Statements

Certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements may be identified by the use of terms and phrases such as “believe,” “expect,” “intends,” “outlook,” “may,” “will,” and other similar terms and phrases. Such forward-looking statements include, but are not limited to, statements regarding IQM’s strategies, future or anticipated market or competitive position, business plans and future performance, including IQM’s cash runway and outlook for the third quarter and full-year 2026. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including, but not limited to: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, intellectual property, sustainability and other ESG targets, operational key performance indicators and decisions on market exits or expansions; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers’ businesses); C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, order backlog, order intake, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, tariffs, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, value creation, and revenue generation in any specific region; D) our ability to execute, expectations, plans or benefits related to transactions, investments and changes in organizational structure and operating model, including the expansion of our manufacturing and production capacity; E) expectations related to the commercialization and market acceptance of quantum technology and the timing and progress of product development; and F) other risks and uncertainties discussed in the “Risk Factors” section of IQM’s prospectus pursuant to Rule 424(b)(3) filed with the United States Securities and Exchange Commission (the “SEC”) on June 5, 2026, IQM’s prospectus approved by the Finnish Financial Supervisory Authority (the “FIN-FSA”) on 1 July 2026, and in other filings that IQM makes from time to time with the SEC or the FIN-FSA. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. IQM anticipates that subsequent events and developments may cause its views to change. IQM specifically disclaims any obligation to update the forward-looking statements in this press release except as required by law. These forward-looking statements should not be relied upon as representing IQM’s views as of any date subsequent to the date hereof.

IQM Quantum Computers
interim condensed consolidated statement of financial position (Balance Sheet)
(in thousands, except share and per share amounts)
(unaudited)
 
Unaudited
in EUR thousand June 30, 2026 December 31, 2025
Assets      
Non-current assets      
Intangible assets 841 920  
Property, plant and equipment 61,464 57,931  
Right-of-use assets 10,044 10,949  
Financial assets 1,281 910  
Total non-current assets 73,630 70,710  
Current assets      
Inventories 25,452 13,491  
Contract assets 8,291 7,286  
Trade receivables 12,200 15,489  
Other financial assets 5,457 876  
Other current assets 15,264 11,216  
Cash and cash equivalents 113,424 146,544  
Total current assets 180,089 194,903  
       
Total assets 253,719 265,613  
       
in EUR thousand June 30, 2026 December 31, 2025  
Equity and liabilities      
Equity      
Share capital 80 3  
Capital reserves 489,522 438,157  
Retained earnings (307,141 (232,243 )
Other reserves (39 (16 )
Total equity 182,422 205,900  
Non-current liabilities      
Loans and borrowings 2,160 9,222  
Lease liabilities 11,306 12,185  
Employee benefits 14 14  
Total non-current liabilities 13,480 21,420  
Current liabilities      
Trade payables 7,762 8,855  
Lease liabilities 2,341 2,475  
Loans and borrowings 12,810 8,525  
Contract liabilities 13,797 7,406  
Employee benefits 8,961 5,908  
Other current liabilities 12,145 5,124  
Total current liabilities 57,817 38,292  
Total liabilities 71,297 59,713  
       
Total equity and liabilities 253,719 265,613  
IQM Quantum Computers
interim condensed consolidated statement of loss
(in thousands, except share and per share amounts)
(unaudited)
 
  For the three months ended June 30,
 For the six months ended June 30,
in EUR thousand
 2026   2025   2026   2025  
                 
Revenue from contracts with customers 6,683   5,233   8,870   6,034  
Cost of revenue (3,623 ) (3,159 ) (5,265 ) (3,627 )
Gross profit 3,060   2,075   3,604   2,407  
                 
Selling expenses (3,805 ) (1,385 ) (7,049 ) (2,366 )
General and administrative expenses (15,450 ) (4,380 ) (26,201 ) (6,912 )
Research and development expenses (16,285 ) (11,813 ) (34,047 ) (25,650 )
Impairment losses (including reversals of impairment losses) on financial assets (133 ) 4   20   (4 )
Other operating income 1,719   576   3,142   938  
Other operating expenses –   (46 ) (7 ) (48 )
Operating loss (30,895 ) (14,968 ) (60,537 ) (31,635 )
                 
Finance income 1,700   626   5,067   969  
Finance costs (7,336 ) (607 ) (19,400 ) (3,850 )
Loss before income tax (36,532 ) (14,948 ) (74,871 ) (34,516 )
                 
Income tax (22 ) (57 ) (27 ) (59 )
Loss for the period (36,554 ) (15,005 ) (74,897 ) (34,575 )
                 
Attributable to:                
Equity holders of the parent (36,554 ) (15,005 ) (74,897 ) (34,575 )
                 
Loss per share (in EUR) attributable to the ordinary equity holders of the company:                
Basic earnings per share (1.18 ) (0.49 ) (2.50 ) (1.13 )
Diluted earnings per share (1.18 ) (0.49 ) (2.50 ) (1.13 )
 

IQM Quantum Computers
interim condensed consolidated statement of cashflows
(in thousands, except share and per share amounts)
(unaudited)
 
  For the six months ended June 30,  
in EUR thousand 2026   2025  
         
Loss for the period (74,897 ) (34,575 )
           
  Adjustments for:        
  Depreciation expense, amortization and
impairment		 6,462   6,205  
  Provisions –   (40 )
  Other adjustments for non-cash items (98 ) (303 )
  Share-based payments 8,827   2,334  
  Finance income/cost 14,233   2,790  
  Income tax expense 27   59  
  Changes in:        
  Inventories (11,961 ) (2,220 )
  Contract assets (1,004 ) (721 )
  Trade receivables 3,289   1,717  
  Other financial assets (1,793 ) (2 )
  Other assets (7,440 ) (3,836 )
  Trade payables (1,093 ) 3,549  
  Contract liabilities 6,353   (3,758 )
  Employee benefits 2,098   1,458  
  Other liabilities 7,021   (115 )
  Income taxes paid (27 ) (2 )
Cashflow from operating activities (50,003 ) (27,461 )
           
  Proceeds from disposals of property, plant, and equipment –   21  
  Purchases of property, plant and equipment (7,159 ) (2,735 )
  Refund from purchase of property, plant and equipment 1,000   –  
  Payments for acquisition of subsidiary – net of cash (7 ) –  
  Interest received 977   628  
Cashflow from investing activities (5,188 ) (2,086 )
           
  Proceeds from equity contributions 39   155,550  
  Transaction costs related to equity contributions –   (617 )
  Share buybacks –   (22,421 )
  Exercise of warrants 20,501   –  
  Proceeds from loans and borrowings 4,225   3  
  Repayments of loans and borrowings (440 ) (5,508 )
  Repayments of lease liabilities (1,310 ) (1,874 )
  Lease incentives received –   824  
  Proceeds (payment) of other financial assets (371 ) 165  
  Interest paid (637 ) (409 )
Cashflow from financing activities 22,008   125,713  
           
  Net increase/(decrease) in cash and cash equivalents (33,184 ) 96,166  
  Cash and cash equivalents at the beginning of year 146,544   17,247  
+ Effects of exchange rate changes on cash and cash equivalents 63   (40 )
Cash and cash equivalents at the end of period 113,424   113,373