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Month: June 2022

Infinera and NEC to Modernize Neutral Networks’ Mexico to United States Fiber Optic Network with Industry-leading ICE6 800G Solution

SAN JOSE, Calif. and MEXICO CITY and TOKYO, June 28, 2022 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) and NEC Corporation (NEC: TSE: 6701) announced today that Neutral Networks deployed Infinera’s ICE6 technology for its new transnational neutral fiber optic network NEXT. The companies worked closely together to design the largest optical network modernization between Mexico and the United States, making it the largest project of its kind in the region within the last 20 years. With Infinera’s ICE6 800G coherent technology, Neutral Networks’ NEXT network will provide high-capacity services and pave the way for future growth in the region. Neutral Networks provides connectivity to carriers, data centers, and enterprise customers on its existing 175-mile network. With NEXT, Neutral Networks will establish a neutral, diverse, 100%...

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ProSomnus® to Open New Global Headquarters and Manufacturing Center of Excellence, Increasing Manufacturing Capacity and Efficiency

32,219-square-foot facility will quintuple growth and create local jobs All ProSomnus medical devices are made in Pleasanton, CA, USA SAN FRANCISCO, June 28, 2022 (GLOBE NEWSWIRE) — ProSomnus, a leader in patient-preferred medical devices for the treatment of Obstructive Sleep Apnea (OSA), today announced plans for a new 32,219-square-foot facility in Pleasanton, California, USA. The facility will serve as the company’s global headquarters and manufacturing center of excellence. The move will quintuple manufacturing capacity, enabling ProSomnus to meet the rapidly growing demand for the company’s FDA-cleared oral appliance therapy devices. ProSomnus expects to begin operations at the facility in January 2023. In addition to expanding capacity, the purpose-built facility will allow ProSomnus, a pioneer in precision oral appliance...

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II-VI Incorporated Obtains All Governmental Regulatory Approvals to Complete Acquisition of Coherent, Inc. and Sets Expected Closing Date

PITTSBURGH and SANTA CLARA, Calif., June 28, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI) (“II-VI”) and Coherent, Inc. (Nasdaq: COHR) (“Coherent”) today announced that II-VI has obtained antitrust clearance from the State Administration for Market Regulation of the People’s Republic of China (“SAMR”) for II-VI’s pending acquisition of Coherent. The clearance decision from SAMR satisfies the closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approvals. II-VI expects the closing of its acquisition of Coherent (the “Merger”) to occur on or about July 1, 2022. Under the terms of merger agreement, each share of Coherent common stock will be converted into the right to receive $220.00 in cash and 0.91 of a share of II-VI common stock upon the completion of the transaction. Allen...

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Form 8.3 – [Secure Income REIT plc – 27 06 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree SECURE INCOME REIT PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position...

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Form 8.3 – [LXi REIT plc – 27 06 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LXI REIT PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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With 28.2% CAGR, Global Big Data as a Service Market Size Worth USD 93.52 Billion in 2028

According to Fortune Business Insights, the global Big Data as a Service Market Size is projected to reach USD 93.52 billion in 2028, at CAGR of 28.2% during forecast period [2021-2028]; Growing E Commerce Industry to Aid in Expansion Pune, India, June 28, 2022 (GLOBE NEWSWIRE) — The global big data as a service market size is expected to showcase significant growth by reaching USD 93.52 Billion by 2028. This is attributable to the rapid adoption of big data as a service by social media platforms, coupled with the growing e-commerce industry worldwide. According to a recent report by Fortune Business Insights, titled, “Big Data as a Service (BDaaS) Market Size, Share & COVID-19 Impact Analysis, By Solution (Hadoop-as-a-Service, Data-as-a-Service and Data Analytics-as-a-Service), By Deployment Model (Public Cloud, Private Cloud...

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Form 8.3 – [Ideagen plc – 28 06 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree IDEAGEN PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: IDEAGEN PLC AS AN ASSOCIATE OF THE...

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With 5.9% CAGR, HIV Drugs Market Size worth USD 45.58 Billion in 2028

According to Fortune Business Insights, HIV Drugs Market stood at USD 28.79 billion in 2020. It is projected to grow from USD 30.46 billion in 2021 to USD 45.58 billion in 2028 at a CAGR of 5.9% in the forecast period, Increasing Cases of HIV Infections to Boost Demand for HIV Drugs Worldwide Pune, India, June 28, 2022 (GLOBE NEWSWIRE) — The global HIV drugs market is set to gain traction from the increasing development of antiretroviral therapy to make it a first long-acting injectable formulation and a long-acting suppression (ATLAS). Physicians often anticipate that the ATLAS regimen can efficiently improve the compliance rates and can be made available in the once-a-month dosage form. In January 2021, for instance, Evergreen Health bagged the U.S. FDA approval for Cabenuva. It is the first complete and injectable regimen for...

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With 30.5% CAGR, AI in Retail Market Worth USD 31.18 Billion by 2028

According to Fortune Business Insights, the global AI in retail market size is projected to reach USD 31.18 billion in 2028, at a CAGR of 30.5% during the forecast period Pune, India, June 28, 2022 (GLOBE NEWSWIRE) — The global artificial intelligence in retail market is expected to gain impetus from the increasing usage of AI to enhance consumer experience, pace up decision making, and refine quality and operational agility. The supply-chain planning is anticipated to achieve the maximum benefits in the retail sector owing to the usage of AI-based data analytics. This information is given by Fortune Business Insights™ in a recent report, titled, “Artificial Intelligence (AI) in Retail Market Forecast, 2022-2026.” The report further mentions that the AI in retail market stood at USD 2,306.8 million in 2018 and is projected to reach...

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Form 8.3 – [CareTech Holdings plc – 27 06 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree CARETECH HOLDINGS PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position...

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