Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, has announced completion of a USD $10 million fundraising round. (more…)
April 15, 2024
Posted by: Magda Dabrowska
HKW has announced that it has hired Laurence Lederer and Devraj Roy as Partners. Based out of HKW’s New York City office, Lederer and Roy will seek to help drive forward HKW’s strategy of prioritising investments in basic industrial manufacturing, distribution and business services companies including IoT/telematic and tech-enabled businesses where innovation is driving growth in the middle market.
April 2, 2024
Posted by: Magda Dabrowska
Energous Corporation has announced that Cesar Johnston is no longer serving in his role as the president and CEO of Energous, effective immediately. The Board of Directors has initiated a search to identify a permanent successor. He will remain on the Company’s Board of Directors. (more…)
March 27, 2024
Posted by: Magda Dabrowska
u-blox has taken an important step forward on its sustainability programme and published its 2023 Sustainability Report in accordance with the Global Reporting Initiative (GRI) Standards.
Sustainability is an integral part of u-blox strategy. Reporting in accordance with GRI Standards is an important step for u-blox as it helps to efficiently inform about u-blox’s sustainability activities and approach to environmental, social and governance (ESG) activities.
Based on a materiality assessment, u-blox has identified a roadmap to reach its targets based on five focus areas:
• Business ethics, privacy and data security
• People and communities
• Environmental responsibility
• Responsible supply chain
• u-blox innovations
u-blox has set specific environmental, social and governance short, medium and long-term targets based on measurable performance indicators for each pillar.
u-blox estimates that its technologies positively impact 13 out of 17 UN SDGs. The company added a new pillar and target to its sustainability strategy in 2023 to shape the social and environmental impact of its innovations. Consequently, u-blox has set a target to assess their product portfolio of modules and chips for their contribution to the SDGs by the end of 2025.
Stephan Zizala, the chief executive officer of u-blox, said, “Sustainability is an integral part of our strategy, and applications contributing to sustainability are major growth drivers for u-blox. We are fortunate to be able to create solutions that make the world a better place. The u-blox Sustainability Report for 2023 shows our contribution and our measurable targets for a more sustainable future.”
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March 15, 2024
Posted by: Magda Dabrowska
Tele2 AB (“Tele2”) and the q-trade platform foodora have announced that they will launch food deliveries using IoT and 5G connected drones. The deliveries will be made wherever possible to the customers’ property or garden and lowered with a cable from the drone, with the first deliveries taking place already in the spring on Värmdö, outside Stockholm. (more…)
March 14, 2024
Posted by: Magda Dabrowska
WISeKey International Holding has announced the appointment of Jonathan LLamas as VP Decentralised Strategy, effective March 6, 2024. Mr. LLamas joins the team to lead the Company’s ambitions towards its strategic Web 3.0 transition. (more…)
March 11, 2024
Posted by: Magda Dabrowska
Fractus has announced the settlement of its patent litigation with Vivint. This resolution serves as a moment for Fractus, highlighting the applicability of its technology beyond the mobile phone industry and into the growing Internet of Things (IoT) market. (more…)
February 20, 2024
Posted by: Magda Dabrowska
Emnify has welcomed technology executive, Lynda Smith, to its board of directors. Smith’s distinguished career includes leadership roles at Twilio and Nuance, board positions at Fictiv and Clickatell, complemented by her academic role as an adjunct lecturer at Stanford University. (more…)
February 1, 2024
Posted by: Magda Dabrowska
Analog Devices, Inc. has announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as executive vice president and chief financial officer. In this role, Mr. Puccio will set ADI’s financial strategy and lead the company’s global finance operations. Mr. Puccio will report to CEO and chair Vincent Roche.
“Rich brings tremendous experience and capability from his more than three decades of leading financial advisory and high-growth business operations activities in complex technology sectors, and this makes him a great addition to ADI’s leadership team. We welcome Rich’s sharp business acumen to enable ADI to accelerate the effectiveness of our operations in a world of increasing opportunity and complexity,” said Vincent Roche, ADI’s CEO and chair. “I would also like to thank Jim Mollica for his partnership and contribution as interim CFO, and I look forward to Jim’s continued leadership in ADI’s finance organization.”
Mr. Puccio joins ADI from Amazon Web Services (AWS) where he served as CFO. In his role at AWS, Mr. Puccio partnered closely with the business to manage more than 200 fully featured services, including compute, storage, databases, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile and security, among many other technologies. Prior to his role at AWS, Mr. Puccio was at PricewaterhouseCoopers (PwC) for nearly 29 years, where he served as a partner for over two decades. During his tenure at PwC, Mr. Puccio primarily served clients in the global technology, semiconductor and semiconductor capital equipment industries.
“With its innovative spirit, amazing talent and dedication to enriching lives and the world around us, ADI has exceptionally strong growth potential. I’m delighted to be joining ADI as the company’s new CFO and look forward to bringing my digital, software, and platform experience to the company as we play an increasingly important role in creating the Intelligent Edge and driving new levels of shareholder value,” said Richard C. Puccio.
Richard Puccio earned his AB in Economics from Harvard University and his MBA from Boston University.
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January 26, 2024
Posted by: Magda Dabrowska
Cellhire has announced the appointment of Tony Guerion as its new CEO. Guerion will join Cellhire at the start of February bringing with him over 27 years of experience in business leadership and management in the communications industry. Guerion joined Vodafone in 2010 and rose to become Global Head of Sales for IoT in 2016. (more…)
January 16, 2024
Posted by: Magda Dabrowska