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Vista-Backed Amtech Software Opens Bengaluru Innovation Hub, Betting on Indian Talent to Power Global AI-Powered Packaging Technology
BENGALURU, India--(BUSINESS WIRE)--Amtech Software, the leading provider of ERP, MES and CRM solutions for the packaging and labels industry, today announced the opening of its new technology and innovation hub in Bengaluru, India. This strategic investment reinforces Amtech's commitment to providing practical AI, cloud, and integrated technology to the global packaging and labels industry. Backed by Vista Equity Partners and serving more than 1,250 manufacturing plants worldwide, Amtech is mak...
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Onto Innovation Announces Pricing of Upsized Private Offering of $1.3 Billion of 0.00% Convertible Senior Notes Due 2031
WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation” or the “Company”) today announced the pricing of its private offering of $1,300,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) 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 size of the offering was increased from the previously announced $1,100,000...
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Hitachi Announces Strategic Partnership With Anthropic to Strengthen "Lumada 3.0" Through Frontier AI
SANTA CLARA, Calif, & TOKYO--(BUSINESS WIRE)--Combination of Hitachi's domain expertise and Anthropic's frontier AI capabilities to advance safe, real-world deployment of physical AI....
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Penguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of Directors
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions today announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin's board of directors....
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AXT, Inc. Announces Financial Conference Participation for the Second Quarter 2026
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the upcoming financial conferences: 26th Annual B. Riley Securities Institutional Investor Conference on May 21st in Los Angeles 23rd Annual Craig-Hallum Institutional Investor Conference on May 28th in Minneapolis Northland Securities Virtual Growth Conference 2026 on June 23rd About AXT, Inc. AXT is a material science company that...
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Power for AI, Presented at PCIM Seminars by Rompower Energy Systems
TUCSON, Ariz.--(BUSINESS WIRE)--Dr. Ionel “Dan” Jitaru, President of Rompower Energy Systems Inc., will present advanced power architectures for artificial-intelligence applications, featuring direct conversion from 800V input to low output voltages such as 48V, 12V, and 6V, with power levels reaching 20kW and power densities exceeding 2000W/in³. As part of Seminar 10 and Seminar 19 at PCIM Europe 2026, a dedicated chapter has been added to address these next-generation AI power-conversion tech...
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Moore Nanotechnology Systems (Nanotech) Will Be Acquired by Shibaura Machine Group to Form a New Ultra-Precision Machine Tool Organization
NEW YORK--(BUSINESS WIRE)--MOORE NANOTECHNOLOGY SYSTEMS (“Nanotech”), today announced that it is being acquired by an affiliate of SHIBAURA MACHINE CO., LTD., an industrial machine-tool manufacturer headquartered in Japan. Founded nearly 30 years ago by Len Chaloux and Newman Marsilius III as a standalone subsidiary of the Moore Tool Company, Inc., Nanotech has become a global leader in the design, development and manufacture of state-of-the-art ultra-precision machine tools and associated proc...
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Battelle Names Katherine Palmer Inventor of the Year for Breakthroughs in Advanced Materials
COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle has named Katherine Palmer its Inventor of the Year, recognizing her exceptional contributions to translating cutting-edge materials science into real-world technologies that deliver meaningful societal impact. Palmer is widely recognized for solving complex “interface problems” that often determine whether a promising innovation succeeds outside the laboratory. Her work with carbon nanotube (CNT) materials has resulted in a robust intellectual property...
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Astrolab Announces NASA Payloads for Upcoming Mission to the Moon
HAWTHORNE, Calif.--(BUSINESS WIRE)--Astrolab, an aerospace company building planetary rovers, today announced NASA payload customers for its first lunar mission aboard the company’s FLIP (FLEX Lunar Innovation Platform) rover. FLIP will fly aboard Astrobotic’s Griffin-1 lander, part of NASA’s Commercial Lunar Payload Services (CLPS) initiative. Griffin-1 will deliver payloads to the Moon’s south pole, advancing the Artemis campaign to return humans to the lunar surface. This mission is slated f...
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Belangrijke nieuwe emblematische Danjiang-brug ingehuldigd die Taiwan zal herdefiniëren
NEW TAIPEI CITY, Taiwan--(BUSINESS WIRE)--De Danjiang-brug, een van de belangrijkste recente projecten voor openbare infrastructuur in Taiwan, is officieel geopend met een reeks grootschalige evenementen voor het publiek. Voor deze gelegenheid werd de brug in een nieuwe culturele topper en openbare ruimte getransformeerd. Het programma omvatte het 'Danjiang Bridge Together Arts Festival', onderdompelende publieke activiteiten en een speciale opvoering van Light Chain door Cloud Gate Dance Theat...