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Valens Semiconductor, RGo Robotics, and CHERRY Embedded Solutions Partner to Design Optimized AI Robotic Systems

PR Newswire

HOD HASHARON, Israel and CAMBRIDGE, Mass., March 11, 2025 /PRNewswire/ — Valens Semiconductor (NYSE: VLN), RGo Robotics, and CHERRY Embedded Solutions, today announced a partnership to enhance the design and deployment of AI robotic systems. This collaboration integrates RGo’s advanced Perception Engine, Valens’ VA7000 MIPI A-PHY connectivity chipsets, and CHERRY’s Rockchip-based hardware module, delivering unprecedented design flexibility, cost-efficiency, and performance for mobile machines manufacturers, without compromising on performance.

Valens_RGo_Robotics__CHERRY_Logo

Advanced robotic and intelligent mobile systems rely on AI algorithms, operating primarily on video data from cameras. Short-range connectivity constraints of camera interfaces have often forced developers to place processing units adjacent to cameras, increasing system cost and complexity. Valens’ MIPI A-PHY solution, offers the robotics industry reliable high-bandwidth extension.

MIPI A-PHY is the first SerDes standard for sensor connectivity of the widely used CSI-2 interface, ensuring the reliable extension of high bandwidth video to a centralized processing unit over extended distances. As a standard designed for automotive environments, MIPI A-PHY offers exceptional signal integrity for highly demanding electromagnetic conditions. As such, the technology is well suited for machine vision applications including autonomous mobile robots (AMRs), edge perception for human driven machines, automated guided vehicles (AGVs), and service robots.

“Our Robotics Perception Engine demands high-quality video data, and that’s exactly what Valens’ connectivity solution provides while allowing us to distance the processing unit from the sensors,” said Amir Bousani, Co-Founder & CEO at RGo Robotics. “This will lead to more sensor fusion with optimized designs, while significantly reducing system costs and complexity.”

“Our collaboration with RGo Robotics underscores the critical role of MIPI A-PHY technology in delivering high-performance connectivity for AI-driven perception systems,” said Gili Friedman, Head of the Cross-Industry Business Unit at Valens Semiconductor. “With our VA7000 MIPI A-PHY chipsets, we’re allowing robotics developers to optimize camera placement in their systems, paving the way for smarter, more efficient automation. This automotive-grade standard is the foundation for innovation, across industries.”

“The addition of Valens VA7000 MIPI A-PHY connectivity into our portfolio opens new opportunities for our platform,” said Dr. Manfred Mueller, Head of Business Development at CHERRY Embedded Solutions. “Valens and A-PHY solve a pain point for the machine vision industry. With this standard, our customers will be able to simplify their multi-camera system architecture.”

The joint demonstration by will be on display at Embedded World 2025 in Nuremberg, Germany, from March 11-13 at Hall 2, Booth #454.


About Valens


 Semiconductor

Valens Semiconductor (NYSE:VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens’ chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations, next-generation videoconferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens sets the standard everywhere it operates, and its technology forms the basis for the leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, visit https://www.valens.com/.


About RGo Robotics

RGo Robotics is revolutionizing the AI robotics and automation industry with its robust and reliable groundbreaking edge perception software platform enabling mobile machines to perceive, understand and interact with the world around them. Our platform delivers real-time localization and 3D semantic information, enabling autonomous navigation, digital presence of all moving machines, Intelligent site maps and provision of spatial information to a range of AI applications to improve productivity, efficiency and safety. 

Deployed with leading industrial companies and gaining significant traction in the market, RGo’s solution stands out for its ability to provide high performance, ready to scale edge perception solution that can be easily deployed and integrated with multiple applications.

RGo Robotics has offices in Cambridge, Massachusetts, and Caesarea, Israel, and is backed by a diversified set of leading investors and strategic partners.

https://www.rgorobotics.ai/


About Cherry Embedded Solutions

Based in Vienna, Austria, CHERRY Embedded Solutions (formerly Theobroma Systems) develops and manufactures reliable and robust System-on-Modules (SoM), Single-Board Computers (SBC) and Full-Custom Design devices (FCD) for a global customer base. CHERRY Embedded Solutions’ high-quality embedded systems are the basis of smart devices in the global Internet of Things (IoT). Development kits for evaluation purposes and technical services along the product’s entire life cycle round off the offering.

CHERRY Embedded Solutions’ modules combine application-specific performance and cost efficiency. They are used in a wide range of professional and industrial applications, from autonomous mobile robots, digital healthcare, smart retail, and digital signage all the way to video surveillance. As a trusted brand, CHERRY Embedded Solutions designs its products with inherent security in mind. The company designs and manufactures products certified according to the Common Criteria for Information Technology Security Evaluation (ISO/IEC 15408), for example high-security devices for the German healthcare telematics infrastructure. CHERRY Embedded Solutions has been part of CHERRY since 2020.

To learn more about CHERRY Embedded Solutions, please visit embedded.cherry.de


Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding our anticipated future results, including financial results, our five-year plan, currency exchange rates, and contract wins, and future economic and market conditions. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Valens Semiconductor’s (“Valens”) management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Valens Semiconductor. These forward-looking statements are subject to a number of risks and uncertainties, including the cyclicality of the semiconductor industry; the effect of inflation and a rising interest rate environment on our customers and industry; the ability of our customers to absorb inventory; competition in the semiconductor industry, and the failure to introduce new technologies and products in a timely manner to compete successfully against competitors; if Valens fails to adjust its supply chain volume due to changing market conditions or fails to estimate its customers’ demand; disruptions in relationships with any one of Valens’ key customers; any difficulty selling Valens’ products if customers do not design its products into their product offerings; Valens’ dependence on winning selection processes; even if Valens succeeds in winning selection processes for its products, Valens may not generate timely or sufficient net sales or margins from those wins; sustained yield problems or other delays or quality events in the manufacturing process of products; our ability to effectively manage, invest in, grow, and retain our sales force, research and development capabilities, marketing team and other key personnel; our ability to timely adjust product prices to customers following price increase by the supply chain; our ability to adjust our inventory level due to reduction in demand due to inventory buffers accrued by customers; our expectations regarding the outcome of any future litigation in which we are named as a party; our ability to adequately protect and defend our intellectual property and other proprietary rights; our ability to successfully integrate or otherwise achieve anticipated benefits from acquired businesses; the market price and trading volume of the Valens ordinary shares may be volatile and could decline significantly; global political and economic uncertainty, including with respect to China–Taiwan relations; political, economic, governmental and tax consequences associated with our incorporation and location in Israel; and those factors discussed in Valens’ Form 20-F filed with the SEC on February 26, 2025 under the heading “Risk Factors,” and other documents of Valens filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Valens does not presently know or that Valens currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Valens’ expectations, plans or forecasts of future events and views as of the date of this press release. Valens anticipates that subsequent events and developments may cause Valens’ assessments to change. However, while Valens may elect to update these forward-looking statements at some point in the future, Valens specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Valens’ assessment as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Press Contacts

Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
[email protected]

Investor Contacts

Michal Ben Ari

Investor Relations Manager
Valens Semiconductor Ltd.
[email protected]

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SOURCE Valens Semiconductor

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Československá obchodní banka (CSOB) Selects the nCino Platform to Modernize Commercial & SME Lending

nCino expands presence in Europe with its first customer in the Czech Republic

LONDON, March 11, 2025 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending operations.

With over 50 years of leadership in Czech financial services, ČSOB is committed to providing innovative and efficient solutions to its diverse clientele, from SMEs to corporate and institutional clients. Recognizing the need for digital transformation to better meet evolving client expectations, ČSOB will leverage the nCino Commercial Lending Solution to enhance operational efficiency, create seamless digital experiences, and gain deeper insights into client needs to offer more personalized services.

“We’re dedicated to bringing best-in-class technology to our clients and ensuring we stay at the forefront of financial innovation,” said Tomáš Stegura, Executive Director, SME & Corporate Segment at CSOB. “With nCino, we are taking an exciting step forward in our ability to provide fast, tailored lending solutions that meet the demands of today’s market.”

“We’re excited to partner with ČSOB to bring exceptional experiences to its clients,” said Joaquin de Valenzuela, Managing Director of EMEA at nCino. “nCino is a trusted partner to financial institutions worldwide, and we look forward to driving the industry forward with our intelligent solutions and innovative partners like ČSOB.”

nCino now has customers in more than ten European countries, ranging from neobanks to five of the top ten banks in the United Kingdom. The Company offers solutions across commercial lending, retail lending, SME banking, and onboarding, helping financial institutions streamline processes, reduce operational inefficiencies, and deliver personalized, automated client experiences.

About nCino

nCino (NASDAQ: NCNO) is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 1,800 customers worldwide – including community banks, credit unions, independent mortgage banks, and the largest financial entities globally – nCino has developed a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com.

About CSOB

ČSOB is a wholly owned subsidiary of KBC Bank NV, whose shares are held (directly or indirectly) by KBC Group NV. ČSOB provides its services to all groups of clients, i.e. retail (individuals) as well as SME, corporate and institutional clients. ČSOB offers to its clients a wide range of banking products and services, including the products and services of the entire ČSOB group. ČSOB’s financial group includes strategic companies in the Czech Republic controlled directly or indirectly by ČSOB, or KBC, which offer financial services, namely ČSOB Hypoteční banka, ČSOB Pojišťovna, ČSOB Stavební spořitelna, ČSOB Penzijní společnost, ČSOB Leasing, ČSOB Factoring and Patria Finance. For more information, visit https://www.csob.cz/csob.

Media Contacts 
Natalia Moose
[email protected] 

Safe Harbor Statement 

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.



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CareTrust REIT, Inc. Announces $817 Million Recommended Cash Acquisition of Care REIT plc

CareTrust REIT, Inc. Announces $817 Million Recommended Cash Acquisition of Care REIT plc

Conference Call Scheduled for Tuesday, March 11, 2025 at 8:00 a.m. EDT

SAN CLEMENTE, Calif.–(BUSINESS WIRE)–
CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust”) announced today that it has reached an agreement with the board of directors of Care REIT plc (LON: CRT) (“Care REIT”) on the terms of a recommended cash offer to be made for the acquisition of Care REIT1 by CR United Bidco Ltd (“Bidco”), a wholly-owned subsidiary of CareTrust (the “Acquisition”). CareTrust has agreed to pay 108 pence in cash per ordinary share of Care REIT.

Based on the Sterling to Dollar exchange rate on March 10, 2025, the terms of the acquisition represent a Care REIT market capitalization of US$577 million and, together with the assumption of net debt of approximately US$240 million, represents a total purchase price of approximately US$817 million. The acquisition represents a 32.8% premium to Care REIT’s March 10, 2025 closing share price and a 28.1% premium to the volume-weighted average share price of Care REIT for the twelve-month period ended March 10, 2025.

Care REIT is a UK-based real estate investment trust listed on the Main Market of the London Stock Exchange focused on investing in care homes throughout the UK. Care REIT has built an attractive and diversified real estate portfolio of 137 care homes, comprising approximately 7,500 operating beds leased to 15 operators across England, Scotland and Northern Ireland.All homes are subject to long-term, triple-net leases with a weighted average remaining lease term of 20 years and annual inflation-based rent escalators, most with a floor of 2% and a cap of 4%. Care REIT reported annual contractual rent of approximately US$66 million as of September 30, 2024, which represents an initial yield, based on CareTrust’s investment, of approximately 8.1%. Care REIT had also reported portfolio EBITDARM rent coverage of 2.2x for the trailing twelve month period ending on that same date.

CareTrust has spent considerable time evaluating its entry into the UK market and sees attractive underlying dynamics underpinning an investment of this size at this time. CareTrust believes that the highly fragmented UK care home market is in the early innings of a demand-supply imbalance driven by an aging population with growing care needs, muted new inventory as construction and borrowing costs remain high, and tight capital availability. Against this favorable backdrop, care home operators should benefit from a diverse funding landscape of public and private sources, which CareTrust expects to lead to solid occupancy rates and operating margins. CareTrust intends to fuel growth by deepening relationships with Care REIT’s existing operators, supporting existing development projects and expanding the pipeline of new investments, as well as building relationships with other operators.

Commenting on this transaction, Dave Sedgwick, CareTrust’s President and Chief Executive Officer said: “We have been following the UK for some time looking for the right entry point. We believe we have found it in the Care REIT platform, which has assembled what we consider to be an excellent, diversified portfolio of UK assets and operator partnerships. We look forward to combining the Care REIT platform with our own and expanding our mission of growing with great operators in the UK.”

The Acquisition is intended to be effected by means of a scheme of arrangement under Part 26 of the UK Companies Act (the “Scheme”), meaning it is subject to court approval as well as approval by Care REIT’s shareholders and the satisfaction or waiver of other ordinary conditions to closing.2 The transaction has been unanimously approved by the boards of directors of both CareTrust and Care REIT and is currently expected to close in the second quarter of 2025.

Bidco has obtained irrevocable undertakings from Care REIT‘s directors and certain of its other shareholders to vote in favor of the Scheme in respect of, in aggregate, 12,305,991 Care REIT Shares, representing approximately 3.0%. of Care REIT’s issued ordinary share capital.

Piper Sandler Ltd is acting as sole financial advisor and Jones Day is acting as legal advisor to CareTrust.

Conference Call

A conference call will be held on March 11, 2025, at 8:00 a.m. Eastern Daylight Time (5:00 a.m. Pacific Time), during which CareTrust’s management will discuss the transaction and an accompanying presentation. The toll-free dial-in number is 1 (800) 715-9871 or toll dial-in number is 1 (646) 307-1963 and the conference ID number is 1786141. To listen to the call online, or to view the accompanying presentation, please visit the Investors section of the CareTrust website at http://investor.caretrustreit.com. This call will be recorded and will be available for replay via the website for 30 days following the call.

About CareTrust

CareTrust is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the United States and internationally. More information about CareTrust is available at www.caretrustreit.com.

About Care REIT plc

Care REIT plc (formerly Impact Healthcare REIT plc) acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and leases these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide Care REIT with attractive levels of rent cover. More information about Care REIT is available at www.carereit.co.uk.

EBITDARM and EBITDARM Rent Coverage Ratio

This press release contains a reference to Care REIT’s portfolio EBITDARM rent coverage ratio for the twelve month period ended September 30, 2024. Care REIT calculates its portfolio EBITDARM rent coverage ratio based on its tenants’ EBITDARM for a twelve month period divided by total annual rent during such period. EBITDARM refers to earnings before interest, income taxes, depreciation, amortization, rent, and management fees, and is a useful approximation for Care REIT’s tenants’ cash earnings, which they can use to pay their rent to Care REIT. EBITDARM and EBITDARM coverage ratio as prepared by Care REIT include adjustments determined by Care REIT, including to exclude seven turnaround homes and to exclude new homes in build-up. Care REIT’s EBITDARM rent coverage information included herein has been provided by Care REIT, and Care REIT’s methodologies for calculating this measure may not be comparable to those used by other companies, including CareTrust. Additionally, CareTrust expects that most financial statements of Care REIT’s tenants are unaudited, and Care REIT has not independently verified all financial information it received from such tenants. CareTrust has not independently verified this information, but has no reason to believe such information is inaccurate in any material respect. Accordingly, although CareTrust believes that Care REIT’s EBITDARM rent coverage ratio is a useful way to analyze the cash potential of its assets, readers should not place undue reliance on the accuracy of this metric.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains certain statements which are, or may be deemed to be, forward-looking statements (including for the purposes of the US Private Securities Litigation Reform Act of 1995), beliefs or opinions. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “envisage”, “estimate”, “intend”, “plan”, “goal”, “believe”, “hope”, “aims”, “continue”, “will”, “may”, “should”, “would”, “could”, or other words of similar meaning. Such forward looking statements include, but are not limited to, statements regarding the following: industry and demographic conditions, the care home investment and financing environment, Care REIT’s future growth prospects, the benefits of the acquisition, and the ability of CareTrust to effectively combine the operations of Care REIT with its own operations. These statements are based on assumptions and assessments made by Care REIT, and/or CareTrust in light of their experience and their perception of historical trends, current conditions, future developments and other factors they believe appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this press release could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given by CareTrust that such expectations will prove to have been correct and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this Press Release. Neither CareTrust nor Bidco assumes any obligation and CareTrust and Bidco disclaim any intention or obligation, to update or correct the information contained in this press release (whether as a result of new information, future events or otherwise), except as required by applicable law orregulation.

The forward-looking statements have not been reviewed by the auditors of Care REIT, CareTrust or Bidco or their respective financial advisers. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements is the satisfaction of the conditions and the risks discussed in CareTrust’s filings with the US Securities and Exchange Commission, which can be accessed at https://www.sec.gov/edgar/browse/?cik=1590717, (including in CareTrust’s Annual Report on Form 10-K for the year ended December 31, 2024, including in the section entitled “Risk Factors” in Item 1A of such reports, as such risk factors may be amended, supplemented or superseded from time to time by other reports CareTrust files with the SEC), as well as additional factors such as (i) changes in global, political, economic, business, competitive, market and regulatory forces, (ii) future currency exchange and interest rates, (iii) the ability of CareTrust to integrate Care REIT’s operations and to achieve the benefits expected to result from the acquisition, (iv) future business combinations or dispositions, (v) the ability and willingness of tenants to meet and/or perform their obligations under leases, including without limitation, their respective obligations to indemnify, defend and hold CareTrust or Care REIT harmless from and against various claims, litigation and liabilities; (vi) the ability of tenants to comply with applicable laws, rules and regulations in the operation of the properties leased to them, (vii) the ability of CareTrust and its affiliates (including, after the acquisition, Care REIT) to generate sufficient cash flows to service outstanding indebtedness, CareTrust’s and, after the acquisition, Care REIT’s access to debt and equity capital markets, (viii) CareTrust’s ability to retain key management personnel, (ix) the risk that CareTrust may have to incur impairment charges related to its assets held for sale if it is unable to sell such assets at the prices it expects, (x) changes in tax laws and tax rates, (xi) the impact of healthcare reform legislation, and (xii) other risks inherent in the real estate business, including potential liability relating to environmental matters and illiquidity of real estate investments. Such forward-looking statements should therefore be construed in the light of such factors. Neither CareTrust nor Bidco, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this press release will actually occur.

1 Approximately 1,200 Care REIT shares (the “Scheme Restricted Shares”), representing about 0.0003% of the fully diluted issued ordinary share capital of Care REIT, are directly or indirectly held by, for or on behalf of Care REIT shareholders subject to economic sanctions in connection with the Russia-Ukraine conflict. Under the terms of the Scheme, the Scheme Restricted Shares will not be transferred to CareTrust and will continue to be restricted. It is proposed that Care REIT’s constitution is amended to include the right for Bidco or such other person as CareTrust or Bidco may direct, following successful consummation of the Scheme, to compulsorily acquire any Scheme Restricted Shares for the same consideration per Care REIT Share as is payable pursuant to the Acquisition upon it becoming legally permissible to do so. Further details of such restrictions, and all other arrangements to be implemented in respect of Scheme Restricted Shares in the context of the Acquisition, will be set out in the Scheme Document.

2 The document to be sent to Care REIT shareholders containing, among other things, the Scheme (the “Scheme Document“) is to be published within twenty-eight (28) days of today’s announcement.

CareTrust REIT, Inc.

(949) 542-3130

[email protected]

KEYWORDS: Europe United States United Kingdom North America California

INDUSTRY KEYWORDS: Health Other Construction & Property Other Health Commercial Building & Real Estate Construction & Property REIT

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Logitech Joins Prestigious CDP Climate A List

Logitech Joins Prestigious CDP Climate A List

LAUSANNE, Switzerland & SAN JOSE, Calif.–(BUSINESS WIRE)–
Logitech is proud to announce it has been recognized on the prestigious CDP Climate A List for the first time, marking a significant milestone in the company’s ongoing commitment to climate action. In addition to achieving its position on the Climate A list, Logitech was recognized as a leader in Water Security with a score of A-.

CDP is a global non-profit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. CDP scored a record 24,000+ corporations in 2024, representing two-thirds of global market capitalization.

“This recognition is an important achievement for Logitech,” said Hanneke Faber, Logitech chief executive officer. “Sustainability is a business priority, because it creates customer preference and can reduce cost.”

“Achieving this ranking is a reflection of Logitech’s deep focus on climate action and environmental responsibility, as well as a testament to the hard work, innovation, and collaboration of our employees, partners, and stakeholders over many years,” said Prakash Arunkundrum, President, Logitech for Business. “This recognition motivates us to continue pushing the boundaries and design for sustainability.”

Logitech has been recognized for its comprehensive carbon management strategies. Its key initiatives include:

  • The Design for Sustainability program that prioritizes absolute carbon reductions as part of every design decision, including lower-carbon alternative materials like Next Life Plastics, low carbon aluminum, and optimized printed circuit boards.
  • Activating and supporting suppliers to obtain high-quality, third-party certified renewable electricity certificates to reduce their Scope 2 emissions. For two years in a row, CDP named Logitech a Supplier Engagement Leader for its actions and strategies to reduce emissions in its supply chain.
  • Fostering transparency and accountability. Over 66% of Logitech’s product portfolio has a third-party reviewed Product Carbon Footprint study. The company is on track to carbon label its entire portfolio by 2025.
  • Shifting manufacturing to renewable energy by developing on-site renewable electricity and partnering with utilities providers to match 94% of Logitech’s electricity footprint with direct and indirect renewable electricity purchases.

A full list of companies that made this year’s CDP A List will be available later in 2025 at: https://www.cdp.net/en/data/scores.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. 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 on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, atwww.logitech.com or company blog.

(LOGIIR)

Editorial Contacts:

Marie Perriard, Head of Sustainability Communications – USA [email protected]

Ben Starkie, Corporate Communications – Europe +41 (0) 79-292-3499

KEYWORDS: Europe Switzerland United States North America California

INDUSTRY KEYWORDS: Environment Technology Mobile/Wireless Climate Change Audio/Video Sustainability Software Hardware Consumer Electronics

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embedUR systems: Trusted Software Partner for Synaptics’ SR-Series High-Performance Adaptive MCUs

PR Newswire

Enabling Synaptics Customers with SDK Expertise, Embedded Software, and Edge AI Model Creation & Optimization. embedUR systems, a leader in embedded software, Edge AI solutions, and a trusted partner of Synaptics, has worked closely with Synaptics to support the launch and adoption of its new SR-Series high-performance adaptive MCUs for multimodal context-aware computing at the IoT Edge.

SILICON VALLEY, Calif., March 11, 2025 /PRNewswire-PRWeb/ — The SR-Series extends Synaptics AstraTM AI-Native platform, and embedUR has contributed key software elements: SDK development, and AI model tuning to enable seamless Edge AI integration. As a trusted solution partner, embedUR helps Synaptics and their customers develop innovative, efficient Edge AI-powered applications on the SR-Series through its deep expertise in platform integration, Edge AI model creation and optimization, and bespoke embedded software development.

“The new SR-Series marks a significant advance in AI-Native processing at the edge, and embedUR is proud to provide the embedded software expertise to help Synaptics’ customers take full advantage of its capabilities,” John Marconi, VP of Technology at embedUR systems.

At Embedded World 2025, embedUR will showcase how its software engineering and Edge AI expertise accelerate product development on the SR-Series, helping customers optimize AI applications, enhance performance, and bring products to market faster.

Optimizing Edge AI for the SR-Series

Synaptics’ SR-Series is designed for ultra-low-power (ULP) and high-performance AI at the Edge, and embedUR’s software contributions play a crucial role in making it easier for developers to adopt and deploy AI solutions. Customers looking to leverage the MCUs can rely on embedUR for:

  • Embedded Software Expertise – Creating and optimizing software frameworks and SDKs to fully harness the SR-Series’ capabilities.
  • Edge AI Model Creation & Optimization – Designing and fine-tuning AI models to run efficiently on low-power embedded systems.
  • Bespoke Embedded Software Development – Creating custom solutions tailored to AI-driven applications in security, industrial automation, smart devices, and more.

From Concept to Deployment: Real-World AI Solutions

To demonstrate how their software expertise enables powerful AI applications on the SR-Series, embedUR will showcase Edge AI demos at Embedded World, including:

  • Image Segmentation – High-performance, low-power image segmentation displaying the SR-Series’ computer vision capabilities.
  • Medical Lockbox with Facial Recognition Security – A real-world application of AI-powered access control, demonstrating secure, intelligent storage solutions.

In addition to these demos, embedUR will feature three other Edge AI showcases at their booth at Embedded World 2025, with further demonstrations integrated into Synaptics’ SR-Series at the event.

A Strong Partnership for the Future of Edge AI

“The Astra platform and the new SR-Series are a significant step forward in AI-Native processing at the edge, and embedUR is proud to provide embedded software expertise to help customers take full advantage of its capabilities,” said John Marconi, VP of Technology at embedUR systems. “Our deep experience in embedded systems and AI optimization makes us the ideal partner for companies building innovative solutions on Synaptics’ AI hardware.”

“The SR-Series comes with innovative features for Edge AI, including three tiers of operation, to deliver intelligence at every power level,” said John Weil, Vice President of IoT and Edge AI Processor Business at Synaptics. “Supported by the Astra platform’s ecosystem—and forward-thinking partners like embedUR—we look forward to seeing developers quickly unlock the new MCUs’ potential and accelerate context-aware Edge AI innovation.”

Visit embedUR at Embedded World 2025

Attendees can experience embedUR’s Edge AI solutions at Hall 4, #601, and at Synaptics’ Booth at Hall 4A, #259, where they will see firsthand how embedUR’s embedded software solutions help developers maximize the potential of the SR-Series and the Astra platform.

About embedUR systems

embedUR systems is a Silicon Valley-based leader in AI-driven Edge computing, IoT, and networking. With over two decades of expertise, embedUR partners with top semiconductor, telecom, and network equipment companies to bring scalable, low-power AI solutions to millions of devices worldwide. Learn more at www.embedur.ai.

About Synaptics

Synaptics (Nasdaq: SYNA) is a leader in AI at the Edge, delivering high-performance embedded AI, wireless connectivity, and multimodal sensing solutions for smart devices across home, work, automotive, and industrial applications. Learn more at www.synaptics.com.

Media Contact

Mark Cowtan, embedUR systems Inc., 1 6502098229, [email protected], https://embedur.ai

Cision View original content to download multimedia:https://www.prweb.com/releases/embedur-systems-trusted-software-partner-for-synaptics-sr-series-high-performance-adaptive-mcus-302396681.html

SOURCE embedUR systems Inc.

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ASML and imec sign strategic partnership agreement to support semiconductor research and sustainable innovation in Europe

ASML and imec sign strategic partnership agreement to support semiconductor research and sustainable innovation in Europe

Veldhoven (the Netherlands) and Leuven (Belgium), March 11, 2025 – ASML Holding N.V. (ASML) and imec, a leading research and innovation hub in nanoelectronics and digital technologies, today announce that they have signed a new strategic partnership agreement, focusing on research and sustainability.

The agreement has a duration of five years and aims to deliver valuable solutions in two areas by bringing together ASML’s and imec’s respective knowledge and expertise. First, to develop solutions that advance the semiconductor industry and second, to develop initiatives focused on sustainable innovation.

The collaboration incorporates ASML’s whole product portfolio, with a focus on developing high-end nodes, using ASML systems including 0.55 NA EUV, 0.33 NA EUV, DUV immersion, YieldStar optical metrology and HMI single- and multi-beam technologies. These tools will be installed in imec’s state-of-the-art pilot line and incorporated in the EU- and Flemish-funded NanoIC pilot line, providing the most advanced infrastructure for sub-2nm R&D to the international semiconductor ecosystem. Focus areas for R&D will also include silicon photonics, memory and advanced packaging, offering full stack innovation for future semiconductor-based AI applications in diverse markets.

A new area in the collaboration consists of a significant contribution to fund innovative ideas and activities in imec’s research funnel that bring environmental and societal benefits.

ASML’s president and CEO Christophe Fouquet comments: “This agreement marks the next step in the longstanding co-operation between ASML and imec. It signals our joint ambitions to develop solutions for the semiconductor industry and fits our strategy of investing in technology and innovation that will benefit society at large.”

“We are excited to continue our longstanding unique partnership with ASML, offering the industry access to the most advanced patterning solutions for over 30 years,” states Luc Van den hove, President and CEO at imec, “The inclusion of ASML’s full product portfolio will allow us to expand and further mature the capabilities of our pilot line, providing the entire semiconductor ecosystem with the most advanced R&D to tackle the challenges of AI-driven technological advancements. Since imec has a strong focus on sustainable innovation, having this explicitly included in our partnership is a great addition.”

The ASML investment in the partnership is complemented with funding made available by the Chips Joint Undertaking and the Flemish government (for the realization of the EU Chips Act NanoIC pilot line), and by the Dutch government (as an Important Project of Common European Interest).

The acquisition and operation of the NanoIC pilot line are jointly funded by the Chips Joint Undertaking, through the European Union’s Digital Europe (101183266) and Horizon Europe programs (101183277), as well as by the participating states Belgium (Flanders), France, Germany, Finland, Ireland and Romania. For more information, visit nanoic-project.eu.”

Making 0.55 NA technology available at imec was part of the Next Gen-7A project (IPCEI22201) funded by the Dutch government as an Important Project for Common European Interest (IPCEI). For more information, visit IPCEI ME/CT.

ASML

Media Relations contacts Investor Relations contacts
Marc Assinck +31 6 120 38 073 Jim Kavanagh +31 40 268 3938
Sarah de Crescenzo +1 925 899 8985 Pete Convertito +1 203 919 1714
Karen Lo +886 9 397 88635 Peter Cheang +886 3 659 6771

Imec

Media Relations contact

Jade Liu +32 495 71 74 52

About ASML

ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity’s toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,000 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.

  
About imec
Imec is a world-leading research and innovation center in nanoelectronics and digital technologies. Imec leverages its state-of-the-art R&D infrastructure and its team of more than 5,500 employees and top researchers, for R&D in advanced semiconductor and system scaling, silicon photonics, artificial intelligence, beyond 5G communications and sensing technologies, and in application domains such as health and life sciences, mobility, industry 4.0, agrofood, smart cities, sustainable energy, education, … Imec unites world-industry leaders across the semiconductor value chain, Flanders-based and international tech, pharma, medical and ICT companies, start-ups, and academia and knowledge centers. Imec is headquartered in Leuven (Belgium), and has research sites across Belgium, in the Netherlands and the USA, and representation in 3 continents. In 2022, imec’s revenue (P&L) totaled 846 million euro.
Further information on imec can be found at www.imec-int.com.

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Belite Bio to Host Webcast on March 17, 2025, to Discuss Fourth Quarter and Full Year 2024 Financial Results

SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) — Belite Bio, Inc (NASDAQ: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that it will host a webcast on Monday, March 17, 2025, at 4:30 p.m. Eastern Time to discuss the Company’s financial results and provide a business update for the fourth quarter and full year ended December 31, 2024.

Webcast Information

Date: Monday, March 17, 2025
Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)
Webcast Link: https://events.q4inc.com/attendee/481614529

Webcast Link Instructions

You can join the live webcast by visiting the link above or the “Presentations & Events” section of the Company’s Investor Relations website at https://investors.belitebio.com/presentations-events/events. A replay will be available for approximately 90 days after the event.

About Belite Bio

Belite Bio is a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, such as Stargardt disease type 1 (STGD1) and Geographic Atrophy (GA) in advanced dry age-related macular degeneration (AMD), in addition to specific metabolic diseases. Belite’s lead candidate, Tinlarebant, an oral therapy intended to reduce the accumulation of toxins in the eye, is currently being evaluated in a Phase 3 study (DRAGON) and a Phase 2/3 study (DRAGON II) in adolescent STGD1 subjects and a Phase 3 study (PHOENIX) in subjects with GA. For more information, follow us on Twitter, Instagram, LinkedIn, Facebook or visit us at www.belitebio.com.

Media and Investor Relations Contact:

Jennifer Wu
[email protected]

Julie Fallon
[email protected]



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Caledonia Mining Corporation Plc: Notice of Results and Investor Presentation

ST HELIER, Jersey, March 11, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) expects to publish its operating and financial results for the full year and quarter ended December 31, 2024 on Monday March 24, 2025.

A remote presentation for analysts and investors will be held on the same day, at 2:00pm London time, followed by an opportunity to ask questions.

A presentation of the results and outlook for Caledonia will be available on Caledonia’s website (www.caledoniamining.com).

Conference Call Details

When: March 24, 2025 at 2:00pm London time

Topic: Full Year and Q4 2024 Results Call for Investors

Register in advance for this webinar:

https://brrmedia.news/CMCL_Q4

Enquiries:

Caledonia Mining Corporation Plc

Mark Learmonth
Camilla Horsfall
Tel: +44 1534 679 800
Tel: +44 7817 841 793
   
Cavendish Capital Markets Limited (Nomad and Joint Broker)

Adrian Hadden
Pearl Kellie
Tel: +44 207 397 1965
Tel: +44 131 220 9775
   
Panmure Liberum Limited (Joint Broker)

Scott Mathieson/Ailsa MacMaster
Tel: +44 20 3100 2000
   
Camarco, Financial PR (UK)

Gordon Poole
Julia Tilley
Elfie Kent		  

Tel: +44 20 3757 4980
   
3PPB (Financial PR, North America)

Patrick Chidley
Paul Durham
Tel: +1 917 991 7701
Tel: +1 203 940 2538
   
Curate Public Relations (Zimbabwe)

Debra Tatenda
Tel: +263 77802131
   
IH Securities (Private) Limited (VFEX Sponsor – Zimbabwe)

Lloyd Mlotshwa
Tel: +263 (242) 745 119/33/39



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Piper Sandler Expands Research Distribution with New Office Opening in Zurich

Piper Sandler Expands Research Distribution with New Office Opening in Zurich

ZURICH–(BUSINESS WIRE)–Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is excited to announce a new office opening in Zurich, Switzerland led by experienced industry veterans, Alex Molloy, Vincenzo Pescuma and Luigi Colazzo, who will manage the sales and distribution of Piper Sandler’s U.S. equity research and trading products to Swiss based clients. All three were previously at Credit Suisse.

“The European market is a tremendous opportunity for the firm, and we are thrilled to have Alex, Vincenzo and Luigi leading this effort for us. The demand for our industry leading U.S. equity research has never been greater and with an increased presence in Europe, we are excited to be able to share this with a broader group of international clients,” said Jim Fehrenbach, managing director and chief operating officer of global equities for Piper Sandler.

The Piper Sandler equity research platform is consistently ranked among the top 10 investment banks in the world for the largest coverage universe of U.S. equities. In the 2024 Extel U.S. Equity Trading Study (formerly known as the Institutional Investor Research Survey), Piper Sandler was voted by the buyside as the #1 small and mid-cap liquidity provider. In addition to the Zurich office, the firm is in the process of opening a new office in Paris, France that will continue to expand research distribution to a larger group of European based clients.

Alex Molloy, Vincenzo Pescuma and Luigi Colazzo all have over 20 years of experience in sales and trading. Molloy was with Credit Suisse in both London and Zurich. Pescuma was based in the Zurich office of Credit Suisse and Colazzo was in New York. As part of the European expansion plan, Piper Sandler has hired a total of six sales and trading professionals all formerly from Credit Suisse in Zurich, Paris, London and New York.

ABOUT PIPER SANDLER

Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.

Follow Piper Sandler: LinkedIn | Facebook | X

©2025. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036

Piper Sandler Companies

800 Nicollet Mall, Suite 900

Minneapolis, MN 55402

CONTACT

Nick Lawler

Tel: 212 891-8954

[email protected]

KEYWORDS: Europe Switzerland United Kingdom

INDUSTRY KEYWORDS: Professional Services Other Professional Services Finance Asset Management Consulting Banking

MEDIA:

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Juniper Networks Boosts Saudi Telecom Company’s 5G Security Deployment with the Power of Automation

Juniper Networks Boosts Saudi Telecom Company’s 5G Security Deployment with the Power of Automation

Strategic software upgrade drives sustainable business growth through improved user experiences, enhanced security performance and lower costs

RIYADH, Saudi Arabia–(BUSINESS WIRE)–Saudi Telecom Company (stc), a leading digital enabler in the Middle East in the telecommunication sector, and Juniper Networks, (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced that the two companies have worked together to further enhance the service provider’s 5G-ready network security gateway (SGi) infrastructure with new automation features within its existing Juniper SRX next-generation firewall deployment. These new capabilities elevate user experiences, increase capacity and lower costs while maintaining the highest security efficacy and sustainability commitments.

stc has fully embraced Juniper’s AI-Native Security approach, which is an integral part of the Juniper AI-Native Networking Platform. By building end-to-end next-generation security rather than as an overlay, stc leverages better insight, automation and actions to protect users, applications and infrastructure. This creates a fully threat-aware, high-performance environment for stc’s customers while keeping attackers at bay.

The Automated Express Path+ software feature from Juniper has been activated in stc’s Juniper Networks® SRX 5800 Firewalls without the necessity for investing in new hardware. The new software automates the identification and accelerated flow of data. The upgraded security deployment can now process data efficiently up to 48 percent faster than before.

stc’s automation upgrade has enabled the company to gain significant CapEx and OpEx savings by streamlining the infrastructure’s overall efficiency. For example, the power consumption required to run the SRX gateways is reduced by up to 30 percent, concurrently supporting sustainability by allowing the deployment of more potent systems within a compact footprint. As a result, there is a substantial reduction in the cost per gigabit processed.

Customers using stc’s wide range of business and consumer services will benefit from optimized performance and security rigor as a result of the automation. For example, network latency (which can cause ‘jitter’ that depletes the quality of digital content) will be reduced by up to 600 percent, while the most stringent security policies are consistently and intelligently applied to data traffic at scale.

Supporting Quotes:

“stc is relentless in the pursuit of faster, more secure offerings at a lower cost and with a tangible consideration for sustainability. Juniper’s latest innovations with automation software and its feature-rich security capabilities have enabled stc to unlock unparalleled next-generation firewall performance and significantly reduce power and space consumption. We can now continue to deliver the best possible user experience simply, responsibly and economically, differentiating stc as we continue in the 5G era.”

– Bader Allhieb, Infrastructure VP, stc

“Service providers face increasingly demanding expectations from users for fast data throughput and available bandwidth, based on the huge potential of 5G. But the need for the most sophisticated, threat-aware security, capable of successfully identifying and mitigating a wide range of known and unknown threats across a broad range of apps, work flows and roles at line-speed, is equally important. stc understands that intelligent automation is the key to delivering both, ensuring that its investment in a high-performance, experience-first network is not impeded by slow or ineffectual security.”

– Mike Spanbauer, Technology Evangelist, Juniper Networks

About Juniper Networks

Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper’s AI-Native Networking Platform is built from the ground up to leverage AI to deliver exceptional, highly secure and sustainable user experiences from the edge to the data center and cloud. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on X (Twitter), LinkedIn, and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

Media Relations:

Pelin Murphy

Juniper Networks

+44 (0) 1372 385 686

[email protected]

KEYWORDS: United States Saudi Arabia North America Middle East California

INDUSTRY KEYWORDS: Hardware Electronic Design Automation Security Sustainability Technology Carriers and Services Apps/Applications 5G Environment Artificial Intelligence Other Technology Telecommunications Software Networks Internet Mobile/Wireless

MEDIA:

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