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SOLOWIN Completes $350 Million Acquisition of AlloyX, Fortifying Long-Term Vision with 12-Month Lock-Up

HONG KONG, Sept. 03, 2025 (GLOBE NEWSWIRE) — SOLOWIN HOLDINGS (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced the official closing of its $350 million acquisition of AlloyX Limited (“AlloyX”), a leading stablecoin infrastructure provider. This strategic transaction marks the full integration of AlloyX’s cutting-edge technology and seasoned team into Solowin’s compliant financial ecosystem, setting to activate the Company’s global stablecoin strategy and accelerate expansion into high-growth markets, including the UAE, ASEAN, and Africa.

According to Solowin, two key features of the acquisition structure highlight the long-term core value of the deal:

  • 12-Month Lock-Up Commitment: All AlloyX’s selling shareholders—including its core founding team and several prominent strategic investors—are subject to a 12-month lock-up period. This legally binding commitment ensures the retention of key technical talents and strategic investors aligning with Solowin’s long-term vision, both financially and strategically, demonstrating their strong confidence in the synergy and potential of the combined entity.
  • Performance-and-Valuation-Driven Incentives: The transaction includes a tiered incentive structure tied to AlloyX’s enterprise valuation milestones. Pursuant to the terms of the share purchase agreement, if AlloyX reaches a $600 million valuation within 24 months of closing, an additional $5 million payment will be made to Peter Lok, CEO of Solowin, and a former principal beneficial owner and sole director of AlloyX. A further $5 million will be payable to Mr. Lok when and if the valuation achieves the $1 billion milestone within 24 months of closing. This mechanism is not merely an incentive, but also the Company’s public roadmap for value enhancement.

Moreover, from an industry perspective, stablecoins are becoming the “key bridge” connecting traditional finance and the digital economy. The global stablecoin market cap has approached $283 billion by August 2025 (Source: CoinGecko), with year-to-date trading volume surpassing $20.2 trillion (Source: Coinbase, May 2025). Stablecoins are no longer a niche crypto asset but are evolving into core infrastructure for global payments, cross-border remittances, and institutional treasury management. This explosive growth is underpinned by increasing regulatory clarity worldwide, which provides a compliant foundation for the industry’s development.

Mr. Lok commented: “With the closing of this acquisition, Solowin’s vision for a new financial ecosystem centered on stablecoins is now taking shape. AlloyX’s core capabilities—including its enterprise-grade compliant stablecoin application platform, Real-World Asset (RWA) tokenization technology, and 7×24 global payment network—will be deeply integrated with Solowin’s network of financial service and compliance licenses to build a unified stablecoin financial ecosystem.”

He added, elaborating on the lock-up period, “The voluntary 12-month lock-up by all shareholders sends a clear message: the AlloyX team isn’t cashing out; they are doubling down on our shared long-term vision. We are fully committed to becoming an industry leader in the compliant stablecoin finance sector.”

About SOLOWIN HOLDINGS

SOLOWIN HOLDINGS (NASDAQ: SWIN) is a leading global financial services firm operating in both traditional and Web3 industry. Founded in 2016, it has established a unique, full-spectrum ecosystem that bridges traditional and decentralized finance. Leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, the Company operates a robust Web3 Infrastructure division. Through its self-developed, vertically integrated, enterprise-grade platform, Solowin delivers compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions—solidifying its role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem.

For more information, visit the Company’s website at https://solowin.io or investor relations webpage at https://ir.solowin.io.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including the “Risk Factors” section of the Company’s most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

SOLOWIN HOLDINGS

Investor Relations Department
Email: [email protected]

Ascent Investor Relations LLC

Tina Xiao
Phone: +1-646-932-7242
Email: [email protected]



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Organizational and Data Readiness Remain Barriers to AI Impact, ISG Says

Organizational and Data Readiness Remain Barriers to AI Impact, ISG Says

Bupa, Diageo, Shell, Mastercard, CBRE, Reckitt, AI Maturity Index, NatWest, National Grid, Zooplus, DLAPiper and more will explore strategies for AI success at ISG AI Impact Summit

LONDON–(BUSINESS WIRE)–
As agentic AI capabilities accelerate, research from global AI-centered technology research and advisory firm Information Services Group (ISG) (Nasdaq: III) says organizational and data readiness remain key barriers to enterprise value.

The ISG State of the Agentic AI Market report says enterprises must overcome two foundational constraints to enterprise-wide AI value realization: data that is unfit for dynamic decisioning, and operating models that were not designed for the decision velocity of an AI-driven enterprise. Organizations need to redesign critical processes, rethink how tasks are done and change the way data is incorporated into workflows.

“ISG research shows most companies are experimenting with generative AI, but only a handful are seeing real results,” said Ant Drake, partner, ISG U.K., Ireland and Nordics and host of the ISG AI Impact Summit. “Agentic AI is not an overlay. It demands an AI-ready enterprise, which requires leaders to rethink how decisions are made, how workflows are orchestrated, and how data, people and technology interact to drive intelligent, adaptive outcomes.”

Leaders from Bupa, Diageo, Shell, Mastercard, CBRE, Reckitt, AI Maturity Index, NatWest, National Grid, Zooplus, DLAPiper and more will join the ISG AI Impact Summit, September 10–11 at the Park Plaza Victoria in London, to discuss their organizational and data readiness strategies and the lessons they’ve learned as they unlock the business potential of AI.

Roddy Barnes, technology transformation and strategy director for Bupa, will deliver the keynote address on the first day of the summit. In “How Bupa is Accelerating Employee-led Innovation with AI,” he will explore how the international healthcare company is using advanced AI tools and a flexible, scaled innovation process to design and code rapid prototypes and achieve its ambition to be the world’s most customer-centric healthcare organization.

The ”AI’s Success Starts with Data: Building a Strong and Scalable Foundation” panel discussion will feature Emma Di Iorio, senior data privacy director for Diageo; Pieter Lokker, IT manager, enterprise information management at Shell, and Pagona Tsormpatzoudi, senior vice president and assistant general counsel for privacy, AI & data responsibility at Mastercard, exploring key strategies for ensuring data is AI-ready and pitfalls and best practices for governance, quality, accessibility and integration.

Khadir Fayaz, senior vice president and CTO of CBRE, and Mark Green, CEO and founder of Change Rebellion, will join the “Transforming Operations: AI Trends in Current Partnerships” session to explore the impact of AI on enterprise/provider partnerships, and Mohit Mitra, head of digital infrastructure for Europe at Orange Business will present, “Digital Infrastructures for AI-Driven Business: Reinventing Connectivity, Cloud & Cybersecurity.”

Day one will conclude with the ISG Startup Challenge, featuring entrepreneurs pitching their business innovations to a panel of judges for an audience vote. Contestants will include Taha Dar, founder and CEO of SearchSmartly, which uses AI to power real estate property searches; Sandy Hardikar, CEO and co-founder of Network Science, an AI and deep tech innovation platform that fosters co-creation with global enterprises; Mike Kropp, CEO of Iridius, an AI product that embeds regulatory compliance into every solution, and Cien Solon, founder of LaunchLemonade, a platform that helps creators build intelligent AI agents without writing code.

Eryn Peters, co-creator of AI Maturity Index, will deliver the keynote address, “The AI-First Framework: From Awareness to Transformation – Where Does Your Organization Really Stand?” on the second day of the event, drawing from new ISG and AI Maturity Index research that finds AI implementation failures often have more to do with the cultural nuances of the market where the AI is being implemented than with the technology itself.

“Our research with AI Maturity Index reveals that when employees feel they have agency in AI adoption, positive outcomes increase,” Drake said. “Organizations that assess and address cultural expectations around autonomy, quality assurance and decision-making processes consistently outperform those focused solely on technological deployment.”

In the “Innovating Ahead: Creating New AI Opportunities” session, Tewfik Bedreddine, vice president of data & analytics at Reckitt; Lakshmi Varada, vice president of engineering, architecture and operations at Zooplus, and Ambeshwar Nath, executive vice president and industry head of consumer goods, retail & logistics at Infosys, will explore proven methodologies for evaluating partnerships and building organizational structures that enable rapid capitalization on AI-driven market opportunities.

The ”Driving Innovation with AI: Unlocking New Opportunities for Growth” panel discussion will ask Elodie de Fontenay, head of data and AI transformation at RLAM; Gerard Kelly, vice president of innovation and venture acceleration National Grid, and Jack Li, global head of future focus & AI at AtkinsRéalis, how their enterprises are identifying and prioritizing innovative AI that aligns with their business goals and how they can disrupt their industry with AI.

CP Duggal, chief business officer at WNS, will give practical insights into responsible AI adoption while managing data access, ethical considerations and cybersecurity, in “Unlocking the Potential of AI: Balancing Risk and Reward for Today’s Enterprises.” The “Trust as Competitive Advantage: Responsible AI in an Era of Rapid Innovation” panel discussion will feature Kit Burden, partner at DLA Piper; Bogdan Grigorescu, senior technical lead, engineering at Direct Line Group, and Miles Hillier chief product & technology officer at NatWest, discussing how trust-first approaches to AI can be a differentiator in global markets.

Infosys, IBM, Orange Business, WNS, NTT DATA, Accenture, DSP, Genpact, Persistent Systems, Birlasoft and Stefanini are ISG AI Impact Summit event sponsors. CIO Applications, CIO Insights and Hifo.co are media partners.

Additional information and registration are available on the event website.

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, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.

Sarah Ye, ISG

+44 7833 567868

[email protected]

Laura Hupprich, ISG

+1 203 517 3132

[email protected]

KEYWORDS: Europe Ireland United Kingdom

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

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Forrester To Recognise B2B Return On Integration Honours And B2B Programmes Of The Year Awards Winners At B2B Summit EMEA 2025

Forrester To Recognise B2B Return On Integration Honours And B2B Programmes Of The Year Awards Winners At B2B Summit EMEA 2025

Award winners will highlight how cross-functional alignment accelerates business growth

LONDON–(BUSINESS WIRE)–Forrester (Nasdaq: FORR) will recognise Thoughtworks as the 2025 recipient of its B2B Return On Integration (ROI) Honours at B2B Summit EMEA, taking place 6–8 October 2025 in London. The organisation will be recognised for optimising its go-to-market (GTM) approach to improve client retention and expansion by introducing AI-enabled analysis and reporting. Forrester will also honour this year’s B2B Programmes Of The Year (POY) Awards winner, AVEVA, for aligning its marketing, sales, and customer success functions to deliver and scale personalised, insight-driven experiences through its account-based marketing (ABM) strategy. These awards recognise firms that prove alignment rooted in customer value and growth can deliver tangible business outcomes.

B2B Summit EMEA is the premier event for B2B marketing and sales leaders to access new research, proven frameworks, and best practices that advance cross-functional alignment. The programme equips leaders with the tools needed to navigate shifting buyer expectations, the rising influence of AI, and ongoing economic uncertainty.

This year’s B2B ROI Honours winner, Thoughtworks, a global technology consultancy, enhanced its go-to-market efforts by launching a multi-agent marketing insights application built on a martech stack and data architecture reengineered for agents. This application provides real-time reporting with a conversational generative AI interface, based on a unified key performance indicator framework. In its keynote session, Thoughtworks will discuss how it utilised Forrester’s frameworks and research that enabled a shift toward contextual genAI-powered reporting and insights agents. As a result, the GTM organisation is more tightly aligned to the company’s growth priorities, achieving higher win rates and measurable gains in retention and client expansion.

“Like most companies, we relied on manual reporting via CRM systems and dashboards to drive marketing ROI,” said Julie Woods-Moss, chief marketing officer at Thoughtworks. “Now, we operate with AI-powered real-time performance data and reasoning. Rewiring our tech stack for agents and rearchitecting our data was an important first step to building an agentic marketing organisation. Conversational genAI enables marketers to have both real-time data and insightful reasoning. Early benefits include improved win rates, buying group expansion, and better allocation of resources. We are continually looking for ways to improve our go-to-market performance, and it is encouraging to see the rapid adoption of AI agents across marketing at Thoughtworks.”

The B2B POY Awards winner, AVEVA, will also discuss its shift from being a fragmented marketing organisation to operating as a fully integrated ABM personalisation engine that has transformed enterprise account engagement.

“Thoughtworks and AVEVA exemplify how disciplined cross-functional alignment translates into measurable business impact,” said Paul Ferron, VP and research director at Forrester. “At B2B Summit EMEA, attendees will hear how these leaders are reshaping their B2B strategy for growth during this era of volatility.”

Resources:

About Forrester

Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, sales, and product functions to be bold at work and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

Press:

Hannah Segvich

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: IOT (Internet of Things) Content Marketing Data Management Other Communications Technology Marketing Consulting Advertising Communications Business Professional Services Artificial Intelligence Software Digital Marketing Data Analytics

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TiVo Achieves Significant Growth Milestones in Smart TVs and Cross-Screen Advertising

TiVo Achieves Significant Growth Milestones in Smart TVs and Cross-Screen Advertising

Independent Media Platform Sees Expansion Across Retailers, TV OEMs, and Content Providers; TiVo One Advertising Platform Hits More Than 4 Million Monthly Active Users

BERLIN–(BUSINESS WIRE)–
TiVo Platform Technologies LLC (“TiVo”), a wholly owned subsidiary of entertainment technology company Xperi Inc. (“Xperi”), today announced that the company’s independent media platform, which includes the TiVo OS for Smart TVs and the TiVo One cross-screen advertising platform, has achieved a number of major growth milestones that show strong momentum and increased consumer and industry adoption and support.

Just over a year since it was first announced, the TiVo One cross-screen advertising platform now reaches more than 4 million monthly active users1, highlighting TiVo’s ability to deliver incremental reach with unique audiences that are net-new for advertisers. TiVo OS, the company’s operating system for smart TVs, has been adopted by dozens of TV brands, reaching consumers in more than 40 countries. Growth in the UK has been particularly strong, with smart TVs Powered by TiVo now available at four of the nation’s top five consumer electronics retailers.

TiVo OS also continues to deliver on its promise of a content-first experience for consumers, with over 385 local and regional channels tailored to European audiences. Recent TiVo OS feature enhancements give users more ways to personalize and engage with the content they care about most and enable new opportunities for advertisers, reinforcing TiVo’s mission to simplify and enrich television for everyone. New features include:

  • TiVo One home page video ad units bring campaigns and promotions to life, making it easier for viewers to engage with partners while highlighting their content.

  • Expanded content discovery features enable more apps on the home screen, and a new partner picks carousel delivers personalized streaming recommendations that keep entertainment fresh.

  • DTS:X® and DTS Virtual:X® immersive audio deliver premium, theater-like sound, offering a ready-to-go solution for manufacturers and a richer experience for viewers.

“The momentum we’re seeing among OEMs, content providers, and retailers continues to validate our content-first, user-centric approach to enabling extraordinary entertainment experiences for consumers while opening up compelling cross-screen monetization opportunities for advertisers,” said Geir Skaaden, EVP and Chief Product and Services Officer at Xperi. “Our independent, neutral media platform gives our CE partners more control over every aspect of the user experience and enables content providers to cut through the noise and engage with viewers in dynamic and compelling ways.”

To see the TiVo media platform in action, visit Xperi in Hall 22, Booth 107 at the IFA tradeshow in Berlin from September 5-9.

About TiVo

TiVo brings entertainment together, making it easy to find, watch and enjoy. We serve up the best movies, shows and videos from across live TV, on-demand, streaming services and countless apps, helping people to watch on their terms.

For studios, networks and advertisers, TiVo targets a passionate group of watchers to increase viewership and engagement across all screens. TiVo is a wholly-owned subsidiary of Xperi Inc. Go to tivo.com and enjoy watching.

About Xperi Inc.

Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS®, HD Radio™, TiVo®), are integrated into consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences, including IMAX® Enhanced, a certification and licensing program operated by IMAX Corporation and DTS, Inc. Xperi has created a unified ecosystem that reaches highly engaged consumers, driving increased value for partners, customers and consumers.

©2025 Xperi Inc. All Rights Reserved. Xperi, TiVo, DTS, HD Radio, and their respective logos are trademark(s) or registered trademark(s) of Xperi Inc. or its subsidiaries in the United States and other countries. IMAX is a registered trademark of IMAX Corporation. All other trademarks and content are the property of their respective owners.

1 Xperi defines a “TiVo One Monthly Active User” as a unique device that has connected to the TiVo video service, which includes the TiVo One advertising platform, at least once within the last 30 days. The TiVo One advertising platform integrates with the device’s operating system on certain “Powered by TiVo” devices, including smart TVs and video-over-broadband products.

XPER – P

Media Contact:

Tom Huntington

+1 619-743-9057

[email protected]

KEYWORDS: Germany Europe

INDUSTRY KEYWORDS: Apps/Applications Technology Entertainment Advertising Communications Audio/Video Media TV and Radio Consumer Electronics

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WeightWatchers Advances International Growth With Strategic Leadership Appointment

Alejandro Bethlen to Lead WeightWatchers’ Next Phase of International Growth and Innovation, Building on More Than 50 Years in Global Markets

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) — WW International, Inc. (NASDAQ: WW) (“WeightWatchers” or the “Company”), the global leader in science-backed weight management, today announced the appointment of Alejandro Bethlen as Executive Vice President, International, effective immediately. In this role, Bethlen will oversee WeightWatchers’ business outside of the United States, driving international growth and innovation across the Company’s global footprint. With more than two decades of experience scaling consumer, e-commerce, and marketplace businesses worldwide, Bethlen will play a pivotal role in strengthening WeightWatchers’ leadership in weight health.

“Alejandro’s international experience and commercial leadership make him uniquely suited to advance our growth outside the U.S.,” said Tara Comonte, CEO of WeightWatchers. “He will build on WeightWatchers’ more than 50 years of international presence and global community of millions, helping us extend our reach with science-backed solutions that resonate with our members around the world in culturally relevant and exciting ways.”

WeightWatchers is the only weight health platform with true worldwide scale, serving millions of members globally through a holistic solution that includes a clinically proven, proprietary nutrition program, digital tools, community support, and select partnerships and licensing agreements. Across international markets, the Company delivers its science-backed programs both digitally and in-person, supported by dedicated coaches and local teams. As part of the Company’s transformation, Bethlen will accelerate global initiatives and innovation, expanding access to WeightWatchers and enhancing member impact worldwide.

Bethlen joins WeightWatchers from Zooplus SE, Europe’s largest online pet platform, where he served as Chief Merchandising Officer, overseeing more than €2 billion in vendor negotiations and driving significant growth across 30 countries. He previously served as CEO of The Bouqs Company, a leading U.S. direct-to-consumer floral e-commerce brand. Earlier in his career, Bethlen spent nearly a decade at Amazon in senior leadership roles across Europe and the U.S., including as General Manager of Amazon Flex International. He began his career in brand management at Procter & Gamble.

“I’m thrilled to be joining WeightWatchers at such a pivotal moment in its journey. This brand has an incredible legacy of empowering people to live healthier lives, and I see tremendous opportunity to build on that foundation globally,” said Bethlen. “I look forward to working with the talented team at WeightWatchers to expand our international reach and bring our science-backed solutions to even more communities around the world.”

Bethlen joins WeightWatchers at a time of renewed momentum and investment in leadership talent across the organization. In recent months, the Company has expanded its executive team with leaders such as Dr. Kim Boyd as Chief Medical Officer, Uta Knablein as Chief Product Officer, and Julie Rice—entrepreneur and brand builder best known for co-founding Soul Cycle–as Chief Experience Officer, along with a number of other senior appointments across key functions. WeightWatchers also strengthened its Board of Directors with the addition of Mike Mason, a seasoned healthcare leader who previously spent more than 30 years at Eli Lilly. Together, this broadened team brings diverse expertise and a shared commitment to advancing the Company’s transformation and delivering lasting impact for members worldwide.


ABOUT WEIGHTWATCHERS


WeightWatchers is the global leader in science-backed weight management, offering an integrated support system that combines scientific expertise and human connection. With more than 60 years of experience, WeightWatchers is the most studied commercial weight management program in the world, delivered through its No. 1 U.S. doctor-recommended weight-loss program. Its holistic, personalized approach also includes U.S.-based clinical interventions, medications when clinically appropriate, and a global network of coaches and community support. Since 1963, the company has surrounded its members with the support they need to reach and sustain their goals, wherever they are on their journey. Members can access these solutions directly, or through WeightWatchers for Business’ full-spectrum platform for employers, health plans, and payers. In a landscape crowded with contradictory advice, isolating apps, and one-size-fits-all solutions, WeightWatchers offers a proven path forward, grounded in empathy and designed to help every member feel better in their body and live a longer, healthier life. For more information, visit


weightwatchers.com


. 



For media inquiries, please contact:
Kelsey Merkel
[email protected]

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At IBC 2025, InterDigital to Showcase Codec Innovation Underpinning Authentic, High-Quality Video Streaming

InterDigital to spotlight optimized streaming when Film Grain preservation meets VVC performance

WILMINGTON, Del., Sept. 03, 2025 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, will showcase state-of-the-art video innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 12 – 15, 2025. InterDigital will demonstrate at IBC alongside MC-IF partners at the Ultra HD Forum booth, spotlighting the benefits of Versatile Video Coding (VVC, also known as H.266) enhanced with Film Grain preservation, to deliver premium, cinema-grade streaming experiences.

VVC with Film Grain: Preserving Artistic Intent with Cutting-Edge Efficiency

Film grain is a powerful cinematic tool that conveys texture and authenticity in storytelling. However, preserving film grain detail during compression and streaming poses a significant challenge. At IBC 2025, InterDigital will showcase an innovative framework that combines Film Grain Analysis and Synthesis with the next-generation compression performance of VVC to optimize streaming quality without sacrificing artistic intent.

VVC, finalized in 2020, represents the next milestone in video delivery. Offering up to 50% bitrate reduction compared to HEVC while maintaining equivalent perceptual quality, VVC is particularly well-suited to data-intensive, high-resolution formats such as 4K, 8K, 360 degree, and 3D content. With advanced tools like sub-pictures for independent decoding, reference picture resampling (RPR) for flexible resolution adaptation, and layered coding tailored for foveated rendering in VR/AR, VVC is uniquely positioned to support the demands of the streaming and immersive era.

By pairing VVC’s powerful efficiency with advanced film grain preservation, InterDigital enables content creators and distributors to deliver cinema-quality authenticity alongside the practical benefits of seamless, bandwidth-efficient streaming.

Experience Streaming Excellence at the Ultra HD Forum booth

At the Ultra HD Forum booth in Hall 14 — 14.C11, InterDigital will demonstrate how its codec innovations maintain image integrity throughout the end-to-end delivery process, giving content owners greater control over video quality. Together with colleagues and contributors from the Media Coding Industry Forum (MC-IF), InterDigital will highlight how the industry is embracing VVC as the foundation for next-generation video delivery at scale.

To register and learn more about IBC, please click here.

About InterDigital ®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:

Roya Stephens
Email: [email protected]
+1 (202) 349-1714



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French Businesses Gain Performance, Compliance, and Control with 8×8’s New In-Country Data Center

French Businesses Gain Performance, Compliance, and Control with 8×8’s New In-Country Data Center

Local deployment reinforces 8×8’s commitment to CX in France with regulatory alignment and regional investment

PARIS–(BUSINESS WIRE)–
To improve the customer experience in France 8×8, Inc. (NASDAQ: EGHT), the industry’s most integrated customer experience (CX) platform provider, has announced the opening of a new data center in the country. The facility supports the country’s stringent data sovereignty and residency requirements, while delivering trust, transparency, and sovereignty.

This investment reflects 8×8’s long-term commitment to France not just as a customer base, but as a strategic growth market and as a company looking to give partners a competitive edge. It enables businesses and public sector organizations to adopt modern, AI-powered communications while meeting all French and EU regulatory obligations, including GDPR and local hosting mandates.

A year of growth in France

The news follows on from a year of strategic growth in the country, including the appointment of Christian Laloy as country lead, a closer working relationship with IT transformation specialists SCC, and a partnership with trade body, the French (Association Française de la Relation Client), AFRC.

“While others choose to operate remotely, we’re investing locally,” said Christian Laloy, Country Manager, France at 8×8, Inc. “Some providers choose not to locate in France and in my mind that shows a lack of respect for the local businesses, the local people and the culture. This new data center makes our position clear: 8×8 is committed to serving French organizations with secure and fully compliant technology and transparency.”

The facility is part of 8×8’s broader initiative to support regulated and security-conscious industries with infrastructure that enables in-country data storage, low-latency access and enterprise-grade reliability.

8×8 and an innovative approach

“8×8 isn’t just entering the market with an innovative approach: by locating its data centers in France, the company helps deliver its customers a high level of data sovereignty, in line with European regulatory requirements,” said Regis Davesne, Director of digital transformation specialists SCC France. “This choice significantly boosts confidence and makes a real difference for customers looking for a solid, reliable long-term partner.”

This is one of several European investments planned for 2025 as the company deepens its presence across high-growth and high-compliance markets.

About 8×8 Inc.

8×8, Inc. (NASDAQ: EGHT) connects people and organizations through seamless communication on the industry’s most integrated platform for Customer Experience – combining Contact Center, Unified Communication, and CPaaS solutions. The 8×8® Platform for CX integrates AI at every level to enable personalized customer journeys, drive operational excellence and insights, and facilitate team collaboration. 8×8 helps customer experience and IT leaders become the heartbeat of their organizations, empowering them to unlock the potential of every interaction. For additional information, visit www.8×8.com, or follow 8×8 on LinkedIn, X, and Facebook.

About SCC France

With a turnover of more than €2.9 billion and over 2,700 employees in France, SCC France supports the digital transformation of its clients in 3 areas: the development of uses and user experience, the modernization of IT infrastructures and openness to the Cloud, and the deployment of network and security strategies. Learn more: https://www.france.scc.com/

Copyright 2025 8×8, Inc. 8×8 and associated brand assets are trademarks of 8×8, Inc. All rights reserved.

Media Contact:

8×[email protected]

Investor Relations:

Investor.Relations@8×8.com

KEYWORDS: France Europe

INDUSTRY KEYWORDS: Data Management Technology Other Technology VoIP Telecommunications Software

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nCino launches ProBanker by FullCircl, a new solution to help UK lenders identify opportunity and manage risk across their business portfolios

LONDON, Sept. 03, 2025 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the general availability of ProBanker by FullCircl. FullCircl, a technology acquired by nCino last year, provides regulated businesses with end-to-end client lifecycle management.

With the financial services industry under growing pressure to make faster, more accurate lending decisions, relying solely on internal data is no longer enough. Part of a suite of Smart Solutions and developed in collaboration with Experian, ProBanker offers a solution that delivers the insight needed to act quickly and proactively support customers with timely funding opportunities.

Powered by Experian Commercial bureau data, insights and expertise, ProBanker uniquely delivers near real-time visibility into commercial credit status, affordability and liquidity across a broad spectrum of the UK lending landscape. This allows financial institutions to track and monitor both opportunities and risk at a portfolio and individual level, crucial in the current economic climate.

An initial pilot with a major UK bank identified that, on average, ProBanker helped them to spot potential credit risks six months earlier than current processes as well as support customers eligible for extended or new funding products.

ProBanker draws on an exceptionally rich dataset of around 18 million UK commercial credit accounts and business current account data beyond the mandated CMA9 banks. It assists lending providers to:

  • Access a multi-bank, total market view of a customer’s credit exposure
  • Track affordability and liquidity in near real-time
  • Strengthen portfolio health by identifying early warning signs of financial distress
  • Accelerate time to funding
  • Improve customer outcomes through proactive engagement and personalised outreach

Immy Tugcu, Associate Director – Product Management at nCino commented: “This isn’t theoretical – it’s about solving the fundamental problem every commercial lender faces: How do you assess true customer risk and identify opportunity when you only see part of their financial picture? ProBanker represents a timely and transformational capability for both traditional and alternative funding providers looking to improve portfolio performance, retain market share and meet growing expectations around speed, compliance and customer experience.”

David Gallihawk, Chief Product Officer, Business Information Services at Experian UK&I said: “In today’s fast-paced and increasingly complex lending environment, real-time, high-quality data and insight are the bedrock of being able to make confident, informed decisions at speed. ProBanker delivers exactly that. Our collaboration with nCino will bring greater transparency and help modernise lending opportunities, allowing clients to unlock deeper value from their portfolios.”

Media Contact

Mara D’Auria

[email protected]

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 2,700 customers worldwide – including community banks, credit unions, independent mortgage banks, and the largest financial entities globally – nCino offers 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 Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money.

We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.

We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 25,200 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.

Forward-Looking Statements: This press release contains forward-looking statements about nCino’s financial and operating results, which include statements regarding nCino’s future performance, outlook, guidance, the benefits from the use of nCino’s solutions, our strategies, and general business conditions. 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 and the negatives thereof. 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, but not limited to risks associated with (i) adverse changes in the financial services industry, including as a result of customer consolidation or bank failures; (ii) adverse changes in economic, regulatory, or market conditions, including as a direct or indirect consequence of higher interest rates; (iii) risks associated with acquisitions we undertake, (iv) breaches in our security measures or unauthorized access to our customers’ or their clients’ data; (v) the accuracy of management’s assumptions and estimates; (vi) our ability to attract new customers and succeed in having current customers expand their use of our solution, including in connection with our migration to an asset-based pricing model; (vii) competitive factors, including pricing pressures and migration to asset-based pricing, consolidation among competitors, entry of new competitors, the launch of new products and marketing initiatives by our competitors, and difficulty securing rights to access or integrate with third party products or data used by our customers; (viii) the rate of adoption of our newer solutions and the results of our efforts to sustain or expand the use and adoption of our more established solutions; (ix) fluctuation of our results of operations, which may make period-to-period comparisons less meaningful; (x) our ability to manage our growth effectively including expanding outside of the United States; (xi) adverse changes in our relationship with Salesforce; (xii) our ability to successfully acquire new companies and/or integrate acquisitions into our existing organization; (xiii) the loss of one or more customers, particularly any of our larger customers, or a reduction in the number of users our customers purchase access and use rights for; (xiv) system unavailability, system performance problems, or loss of data due to disruptions or other problems with our computing infrastructure or the infrastructure we rely on that is operated by third parties; (xv) our ability to maintain our corporate culture and attract and retain highly skilled employees; and (xvi) the outcome and impact of legal proceedings and related fees and expenses.



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Constellium to Showcase Advanced Aluminum Solutions from Collaborative Research Project “CirConAl” at Cenex 2025

PARIS, Sept. 03, 2025 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) is proud to announce its participation at Cenex 2025 (Booth C3-402), the UK’s leading event for low carbon and connected vehicle technologies, taking place in Millbrook on September 3-4.

At this year’s event, Constellium is presenting a range of innovative aluminum solutions developed through the collaborative research project CirConAl (Circular and Constant Aluminum), a £10 million initiative supported by the Advanced Propulsion Centre UK (APC) and the UK Government’s Department for Business and Trade.

Visitors will discover a comprehensive display of aluminum solutions prototyped with less than two metric tons of embodied CO2 emissions per metric ton of aluminum, while maintaining the high-performance standards required by automakers, such as Battery Enclosures made from high-recycled-content aluminum, and Crash Management Systems prototyped from over 90% post-consumer aluminum scrap.

Attendees can also explore the components and their uses through interactive digital tools, offering an engaging look at the design, function, and impact of these automotive solutions.

“We are proud to present our latest innovations at Cenex 2025 and to contribute to the future of sustainable mobility,” said Martin Jarrett, Director of Technology and Innovation at Constellium’s Automotive Structures & Industry Business Unit. “The CirConAl project’s innovations are the result of outstanding collaboration and technical expertise, demonstrating the strength of our partnerships.”

CirConAl aims to develop low-carbon, cost-efficient aluminum extrusion alloys using post-consumer scrap, advancing sustainable automotive manufacturing. The project includes design and testing of components that meet automakers’ performance standards, while also developing advanced scrap sorting technologies to ensure high-quality scrap reuse. It builds on Constellium’s proven HSA6® high-strength alloy platform and leverages the rapid prototyping capabilities of the University Technology Center (UTC) at Brunel University London.

By transforming post-consumer aluminum scrap into high-performance components, Constellium helps shape a circular economy for aluminum and a cleaner future for mobility.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminum products for a broad scope of markets and applications, including aerospace, packaging and automotive. Constellium generated $7.3 billion of revenue in 2024.

www.constellium.com

Media Contacts
Investor Relations   Communications
Jason Hershiser   Melanie Franzen
Phone: +1 443 988 0600   Phone: +49 173 4170 859
[email protected]   [email protected]



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Avnet Announces Pricing of Upsized Convertible Senior Notes Offering

Avnet Announces Pricing of Upsized Convertible Senior Notes Offering

PHOENIX–(BUSINESS WIRE)–
Avnet, Inc. (Nasdaq: AVT) (“Avnet” or the “Company”) today announced the pricing of its private offering of $550.0 million aggregate principal amount of 1.75% Convertible Senior Notes due 2030 (the “Notes”). The size of the offering was increased from the previously announced $500.0 million aggregate principal amount of Notes. Avnet also granted the initial purchasers of the Notes an option to purchase up to an additional $100.0 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued. The offering of the Notes is expected to close on or about September 5, 2025, subject to customary closing conditions.

The Notes will be Avnet’s senior unsecured obligations and will mature on September 1, 2030, unless earlier converted, redeemed or repurchased. The Notes will bear interest at a rate of 1.75% per year, payable semi-annually in arrears on March 1 and September 1, of each year, beginning on March 1, 2026.

Before June 1, 2030, noteholders will have the right to convert their Notes only upon the occurrence of certain events. From and after June 1, 2030, noteholders may convert their Notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. Avnet will satisfy its conversion obligations by paying cash up to the aggregate principal amount of Notes to be converted. For the remainder, if any, of its conversion obligations in excess of the aggregate principal amount of the Notes being converted, Avnet will pay or deliver cash, shares of its common stock, or a combination of cash and shares of its common stock, at its election. The initial conversion rate is 14.2313 shares of common stock per $1,000 principal amount of Notes, which represents an initial conversion price of approximately $70.27 per share of common stock. The initial conversion price represents a premium of approximately 35.0% over the last reported sale price of $52.05 per share of Avnet’s common stock on September 2, 2025. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events. In addition, upon certain corporate events or upon a notice of redemption (as described below), Avnet will, under certain circumstances, increase the conversion rate for noteholders who convert Notes in connection with such a corporate event or notice of redemption.

The Notes will not be redeemable before September 8, 2028. The Notes will be redeemable, in whole or in part, for cash at Avnet’s option at any time, and from time to time, on or after September 8, 2028 and before the 41st scheduled trading day immediately before the maturity date, but only if (i) the notes are “freely tradable” as of the date Avnet sends the related redemption notice and all accrued and unpaid additional interest, if any, has been paid in full as of the first interest payment date occurring on or before the date Avnet sends such notice and (ii) the last reported sale price per share of Avnet’s common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. In addition, upon a notice of redemption, Avnet will, under certain circumstances, increase the conversion rate for noteholders who convert Notes in connection with such notice of redemption.

The holders of the Notes will have the right to require Avnet to repurchase for cash all or any portion of the Notes on September 1, 2028, at a repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest to, but excluding, the repurchase date.

If a “fundamental change” (as will be defined in the indenture for the Notes) occurs, then, subject to a limited exception, noteholders may require Avnet to repurchase their Notes for cash. The repurchase price will be equal to the principal amount of the Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the applicable repurchase date.

Avnet estimates that the net proceeds from the offering will be approximately $535.3 million (or $632.8 million if the initial purchasers exercise their option to purchase additional Notes in full) after deducting the initial purchasers’ discount and commissions and its estimated offering expenses.

Avnet intends to use (i) approximately $100.0 million of the net proceeds from the offering to repurchase approximately 1.92 million shares of its common stock pursuant to its existing share repurchase program concurrently with the pricing of the offering in privately negotiated transactions effected through one or more of the initial purchasers or their affiliates, as its agent, and (ii) the remaining net proceeds from the offering to repay a portion of the amounts outstanding under its revolving credit facility. If the initial purchasers exercise their option to purchase additional Notes, the Company expects to use the net proceeds from the sale of such additional Notes for general corporate purposes, including repayment of additional outstanding indebtedness.

The concurrent repurchases of approximately $100.0 million of shares of Avnet’s common stock described above may have resulted in the common stock trading at prices that are higher than would be the case in the absence of these repurchases, which may have resulted in a higher initial conversion price for the Notes.

The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes and any shares of Avnet’s common stock issuable upon conversion of the Notes have not been registered under the Securities Act, or any state securities law, and the Notes and any such shares may not be offered or sold in the United States or to any U.S. persons absent registration under, or pursuant to an exemption from, or in a transaction not subject to, the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the Notes or any shares of Avnet’s common stock issuable upon conversion of the Notes, nor shall there be any offer, solicitation or sale of any Notes or any such shares of Avnet’s common stock issuable upon conversion of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward-Looking Statements

This document contains 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, with respect to the completion of the offering of the Notes, the anticipated use of net proceeds from the offering and the financial condition of the Company. These statements are based on management’s current expectations and are subject to uncertainties and changes in factual circumstances. Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by them. You can find many of these statements by looking for words like “believes,” “projected,” “plans,” “expects,” “anticipates,” “should,” “will,” “may,” “estimates,” or similar expressions. The forward-looking statements are subject to numerous assumptions, risks and uncertainties. You should not place undue reliance on forward-looking statements, each of which speaks only as of the date on which such statement is made. Except as required by law, the Company does not assume any obligation to update any forward-looking statement to reflect events or circumstances that occur after the date on which the statement is made. The following factors, in addition to those discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended June 28, 2025 could affect the Company’s future results, and could cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: geopolitical events and military conflicts; pandemics and other health-related crises; competitive pressures among distributors of electronic components; an industry down-cycle in semiconductors; relationships with key suppliers and allocations of products by suppliers; accounts receivable defaults; risks relating to the Company’s international sales and operations, including risks relating to repatriating cash, foreign currency fluctuations, inflation, duties and taxes, tariffs, sanctions and trade restrictions, and compliance with international and U.S. laws; risks relating to acquisitions, divestitures, and investments; adverse effects on the Company’s supply chain, operations of its distribution centers, shipping costs, third-party service providers, customers, and suppliers, including as a result of issues caused by military conflicts, terrorist attacks, natural and weather-related disasters, pandemics and health related crises, warehouse modernization, and relocation efforts; risks related to cyber security attacks, other privacy and security incidents, and information systems failures, including related to current or future implementations, integrations, and upgrades; general economic and business conditions (domestic, foreign, and global) affecting the Company’s operations and financial performance and, indirectly, the Company’s credit ratings, debt covenant compliance, liquidity, and access to financing; constraints on employee retention and hiring; and legislative or regulatory changes.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology value chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. (AVT_IR)

Investor Relations Contact

[email protected]

Media Relations Contact

Liam Creighton, 480-643-5027

[email protected]

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Professional Services Business Technology Logistics/Supply Chain Management Transport Other Technology Consulting

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