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Semtech and AWS Collaborate on AWS IoT Core for LoRaWAN®

Fully managed feature for AWS IoT Core enables enterprises to seamlessly connect low power wireless devices to long range wide area network technology

CAMARILLO, Calif.–(BUSINESS WIRE)–Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that they have teamed up with Amazon Web Services (AWS) to integrate the LoRaWAN® protocol on the Network Server with AWS IoT Core, AWS’s managed Cloud service that lets connected devices easily and securely interact with Cloud applications and other devices.

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AWS IoT Core for LoRaWAN is a fully managed service that enables enterprise IoT developers to easily connect low power wireless devices over long range, wide-area networks (LoRaWAN) to AWS without developing or operating their own LoRaWAN server. This simplifies the development of IoT solutions that leverage the long range, low power and security of Semtech’s LoRa chipsets and the LoRaWAN protocol.

To get started with AWS IoT Core for LoRaWAN, IoT developers can source AWS qualified gateways operating the LoRaWAN protocol from the AWS Partner Device Catalog and select an array of LoRaWAN Certified^CM devices from the LoRa Alliance website. From within the AWS Management Console, developers can rapidly register gateways with AWS IoT Core for LoRaWAN by providing the service, its unique identifier, and selecting LoRaWAN as the radio frequency. To register devices with LoRa chipsets, developers simply input the device credentials, identifiers and security keys provided by the device vendor on the console and follow guided and easy instructions for specifying device configuration. In addition, AWS IoT Core for LoRaWAN includes a variety of device management capabilities, including security and a plug-and-play for the AWS IoT Analytics.

“Based on our collaboration with Semtech, IoT developers will be able to leverage LoRaWAN to simplify the development process, as well as provide key features to their applications such as long range connectivity, the ability to build devices with low power consumption, and increased security,” said Dirk Didascalou, Vice President of IoT, Amazon Web Services, Inc. “We are delighted to be working with Semtech to accelerate our customers’ adoption of IoT and LoRaWAN allowing them to innovate faster and focus on the main job of creating business value.”

Developers will also be able to access Semtech’s LoRa Cloud, a simple API-based service that can be easily integrated with AWS IoT Core for LoRaWAN, providing developers with the ability to locate any LoRaWAN enabled device including devices using Semtech’s recently released low power geolocation platform LoRa Edge.

“AWS IoT Core for LoRaWAN will speed IoT application development by providing a plug-and-play experience for developers,” said Mohan Maheswaran, Semtech’s President and CEO. “In addition, this collaboration with AWS enables enterprise customers using AWS to readily take advantage of the key benefits of LoRaWAN as the protocol continues to have massive adoption in the IoT industry in a variety of verticals ranging from smart home and communities to asset tracking.”

More was discussed at today’s AWS session at re:Invent. To learn more about Semtech’s IoT solutions, visit the website.

About Semtech’s LoRa® Platform

Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa devices provide the communication layer for the LoRaWAN® protocol, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “designed to” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20201215006143/en/

Ronda Grech

Semtech Corporation

(805) 250-1263

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Networks Internet Hardware Technology Semiconductor Mobile/Wireless Security

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Semtech and AWS Collaborate on AWS IoT Core for LoRaWAN (Graphic: Business Wire)

Aurinia and Lonza Announce Exclusive Agreement for Dedicated Voclosporin Manufacturing Capacity

– State-of-the-Art Monoplant Will Provide Cost and Production Efficiency and Secure Active Pharmaceutical Ingredient (API) Supply for Future Commercial Demand –

VICTORIA, British Columbia–(BUSINESS WIRE)–Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH / TSX: AUP) (“Aurinia”) and Lonza Ltd. (SIX: LONN) (“Lonza“) today announced they have expanded their exclusive manufacturing relationship. The parties entered into a collaborative agreement to build a dedicated manufacturing capacity within Lonza’s existing small molecule API facility in Visp, Switzerland. The dedicated facility (also referred to as “monoplant”) will be equipped with state-of-the-art manufacturing equipment to provide cost and production efficiency for the manufacture of voclosporin, while expanding existing capacity and providing supply security to meet future commercial demand.

The new agreement builds on the parties’ successful multi-year relationship. The agreement, which is conditional upon U.S. regulatory approval of voclosporin, does not impact the launch supply for voclosporin as this is secured by existing inventory. The monoplant is estimated to be operational in 2023.

“Lonza’s world-class expertise and partnership have helped Aurinia to cost-effectively optimize the unique and complex manufacturing process required for the synthesis of voclosporin,” said Peter Greenleaf, President and Chief Executive Officer of Aurinia Pharmaceuticals. “We are currently well-poised and ready with adequate product supply for launch and anticipated market demand. A dedicated production capability will help keep our manufacturing costs down and ensure long-term flexibility to meet future demand for years to come.”

“This collaboration is a great example of how we can support both early and commercial-stage biopharmaceutical companies through innovation in manufacturing technology and flexible business models,” said Gordon Bates, President Small Molecules Division, Lonza. “We are looking forward to further developing our relationship with Aurinia into a long and productive collaboration to supply this innovative medicine to patients across the globe.”

Following U.S. regulatory approval of voclosporin, Aurinia will commence several capital expenditure payments. Upon completion of the monoplant, Aurinia will have the right to maintain unobstructed use of the monoplant by paying a quarterly fixed facility fee.

Comcast to Provide Free WiFi at 10 Fresno Housing and Boys & Girls Clubs Locations in California’s Central Valley

Comcast Donates $50,000 to Each Organization and Donates 225 Laptops, 12 Months of Free Internet Service and 225 Food Boxes to Central Valley Families in Need

FRESNO, Calif.–(BUSINESS WIRE)–
As part of its ongoing commitment to help connect low-income individuals to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced initial plans to equip 10 Fresno Housing and Boys & Girls Clubs of Fresno County locations throughout the Central Valley with WiFi-connected “Lift Zones” over the coming months. Additional sites will be added over time. By providing robust WiFi coverage at safe spaces, Comcast intends to help thousands of low-income students get online, participate in distance learning and do their homework.

In addition to providing free WiFi service at the Lift Zone locations, Comcast donated $50,000 to the Boys & Girls Clubs of Fresno County to offer distance learning to more students and another $50,000 to Fresno Housing to help residents with digital literacy training and support. Comcast will also provide 225 Boys & Girls Clubs of Fresno County youth with a laptop computer, free Internet at home for 12 months (to eligible families) through its Internet Essentials program and a box with $100 worth of food.

“Lift Zones” feature free WiFi provided by Comcast, which allows students to work on laptops simultaneously so they can successfully participate in distance learning. This initiative provides free connectivity inside partner community centers for the next three years. By donating 225 laptops and 12 months of free Internet at home, Comcast and Telemundo are creating a seamless learning experience for children in the Central Valley.

“While some children can participate in distance learning at home, the children of essential workers and others may not have that privilege,” said John Gauder, Senior Vice President, Comcast California. “By providing free WiFi access at these Lift Zones, combined with a free laptop and free Internet access at home, we can ensure that the students can actively participate in classwork and complete assignments wherever they are. As a result, all these children can receive the best possible education and be set up for a more equitable, prosperous future.”

“The COVID-19 pandemic is having a disproportionate effect on our rural communities,” said Congressmember Jim Costa (CA-16). “The lack of internet access in these areas adds undue stress on families that are trying to balance telework and children’s distance learning. I’m pleased that Comcast has prioritized the Central Valley for this important initiative to help residents and children during this crisis.”

“The COVID-19 pandemic has shown the inequities not only in our health care system but in the digital divide that greatly impacts our most vulnerable communities,” said Assemblymember Dr. Joaquin Arambula (District 31). “Too many children in low-income neighborhoods and disadvantaged rural and unincorporated areas have been left behind in their education because they don’t have access to the internet, Wi-Fi, and/or devices. I’m grateful to Comcast for its generous commitment. It is a step in the right direction to keep these children and families connected and focused on a brighter future.”

“The COVID-19 crisis continues to put many low-income students at risk of being left behind. This Comcast commitment will accelerate a solution for comprehensive, digital equity and Internet adoption programs to support them,” said Diane Carbray, President/CEO of Boys & Girls Clubs of Fresno County. “We hope these Lift Zones from Comcast will help students who have been unable to fully participate in the current educational experience due to constraints of distance learning or a variety of other reasons that are outside of their control.”

“Fresno Housing’s mission is to create vibrant communities, build quality affordable housing, and support the success of approximately 50,000 residents throughout Fresno county,” said Preston Prince, CEO of Fresno Housing. “This partnership with Comcast is coming at a critical time, when there is so much need among our communities, and will help support our ongoing broadband improvement efforts. The global pandemic has disproportionately impacted communities of color and has put numerous children at risk of missing out on important educational opportunities. We are grateful to collaborate with Comcast to ease the struggle among our families and provide them with the support they need to be successful, especially in these challenging times.”

Lift Zone sites complement Comcast’s Internet Essentials program, which has helped connect more than 8 million low-income people to the Internet at home. This includes more than one million residents across California, which is the number one state in terms of overall participation in the Internet Essentials program.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest video, high-speed Internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe’s leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed Internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201215006160/en/

Joan Hammel

Comcast California

[email protected]

Mobile: (925) 519-4874

Kathryn Weakland

Boys & Girls Clubs of Fresno County

[email protected]

Mobile: (559) 977-0880

Fidel Contreras

Fresno Housing

[email protected]

Mobile: (559) 246-9827

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Philanthropy Women Consumer Electronics Technology Men Family Other Entertainment TV and Radio Mobile/Wireless Consumer Entertainment Children Other Technology Philanthropy Telecommunications Fund Raising Primary/Secondary Education Internet Hardware

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Posted on December 15, 2020 5:58 pm

AdaptHealth Announces Pricing of $500 Million 4.625% Senior Notes Due 2029

AdaptHealth Announces Pricing of $500 Million 4.625% Senior Notes Due 2029

PLYMOUTH MEETING, Pa.–(BUSINESS WIRE)–AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a leading provider of home healthcare equipment, medical supplies to the home and related services in the United States, announced today that its subsidiary, AdaptHealth LLC (the “Issuer”), has priced an offering of $500 million aggregate principal amount of 4.625% senior notes due 2029 (the “senior notes”). The senior notes will be issued at a price of 100.00% of their principal amount.

The gross proceeds from the offering will be deposited into a segregated escrow account pending completion of the Company’s previously announced acquisition of AeroCare Holdings, Inc. (“AeroCare”). At the closing of the AeroCare acquisition, the net proceeds from the offering will be released from escrow and, together with term loan borrowings and cash on hand, will be used to finance the cash portion of the consideration for the AeroCare acquisition and to pay related fees and expenses. The gross proceeds from the offering will replace the outstanding bridge commitment the Issuer has in place with Jefferies Finance LLC in connection with funding the AeroCare acquisition.

The AeroCare acquisition is expected to close in the first quarter of 2021, subject to customary closing conditions. If the AeroCare acquisition is not completed by May 31, 2021 (or such earlier date on which the Issuer determines that the escrow release conditions cannot be satisfied), the Issuer will be required to redeem the senior notes at a redemption price equal to 100% of the principal amount of the senior notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

The senior notes will be guaranteed by certain of the Issuer’s current and future subsidiaries (including AeroCare and its subsidiaries after the consummation of the AeroCare acquisition), as well as the Issuer’s direct parent, AdaptHealth Intermediate Holdco LLC, on a senior unsecured basis. The offering is expected to be completed on January 4, 2021, subject to the satisfaction of customary closing conditions.

The senior notes and related guarantees are being offered only to investors who are reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The senior notes and the related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of senior notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About AdaptHealth Corp.

AdaptHealth is a leading provider of home healthcare equipment, medical supplies to the home and related services in the United States. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life and thrive. Product and services offerings include (i) sleep therapy equipment, supplies and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea, (ii) medical devices and supplies to patients for the treatment of diabetes (including continuous glucose monitors and insulin pumps), (iii) home medical equipment (HME) to patients discharged from acute care and other facilities, (iv) oxygen and related chronic therapy services in the home, and (v) other HME medical devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy and nutritional supply needs. The Company is proud to partner with an extensive and highly diversified network of referral sources, including acute care hospitals, sleep labs, pulmonologists, skilled nursing facilities, and clinics. AdaptHealth services beneficiaries of Medicare, Medicaid and commercial insurance payors. AdaptHealth services approximately 1.8 million patients annually in all 50 states through its network of 269 locations in 41 states.

Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and 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 projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations and the Company’s acquisition pipeline. These statements are based on various assumptions and on the current expectations of AdaptHealth 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 the Company.

These forward-looking statements are subject to a number of risks and uncertainties, including the outcome of judicial and administrative proceedings to which the Company may become a party or governmental investigations to which the Company may become subject that could interrupt or limit the Company’s operations, result in adverse judgments, settlements or fines and create negative publicity; changes in the Company’s clients’ preferences, prospects and the competitive conditions prevailing in the healthcare sector; and the impact of the coronavirus (COVID-19) pandemic and the Company’s response to it. A further description of such risks and uncertainties can be found in the Company’s filings with the Securities and Exchange Commission from time to time. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently knows or that the Company 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 the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201215006158/en/

AdaptHealth Corp.

Jason Clemens, CFA

Chief Financial Officer

(484) 301-6599

[email protected]

Brittany Lett

Vice President, Marketing

(909) 915-4983

[email protected]

The Equity Group Inc.

Devin Sullivan

Senior Vice President

(212) 836-9608

[email protected]

Kalle Ahl, CFA

Vice President

(212) 836-9614

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: General Health Health Medical Supplies Medical Devices

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Gores Holdings VI, Inc. Completes $345 Million Initial Public Offering

BOULDER, Colo.–(BUSINESS WIRE)–
Gores Holdings VI, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 34,500,000 units, which includes 4,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $345,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

The Company’s units began trading on the Nasdaq Capital Market under the ticker symbol “GHVIU” on December 11, 2020. Each unit consists of one share of the Company’s Class A common stock and one-fifth of one warrant. Each whole warrant entitles the holder thereof to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Capital Market under the ticker symbols “GHVI” and “GHVIW,” respectively.

Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering. The offering was made only by means of a prospectus, copies of which may be obtained from Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005, telephone: 800-503-4611 or email: [email protected] and Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick, 2nd Floor, New York, New York 10014, telephone: 866-718-1649 or email: [email protected].

A registration statement relating to the securities became effective on December 10, 2020, in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201215006156/en/

Jennifer Kwon Chou

Managing Director, The Gores Group

(310) 209-3010

[email protected]

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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