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GlobalLogic Announces Appointment of New President and CEO

SAN JOSE, Calif.--(BUSINESS WIRE)--#GlobalLogic--GlobalLogic Inc., a Hitachi Group Company and leader in Digital Engineering, today announced that its President and CEO Shashank Samant will be succeeded by the firm’s current Chief Operating Officer (COO) Nitesh Banga, who will become the new President and CEO effective October 1, 2022. Nitesh is…
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8×8, Inc. Announces $250 Million Senior Secured Term Loan Credit Facility in a Customized Capital Solution Led by Francisco Partners

New Facility Represents Strategic Investment by Francisco Partners; Proceeds Will Fund $60 Million Share Repurchase and Cash Portion of the Exchange of $404 Million Convertible Debt CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) (the “Company” or “8x8”), a leading integrated cloud communications platform provider, today announced a new $250 million senior…
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New Fortress Energy Announces Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2022. Summary Highlights Pleased to report Q2 2022 Adjusted EBITDA(1) of $283 million and $1.05 billion over the trailing twelve months ended June 30, 2022. NFE's net (loss)…
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KIOXIA CM7 Series Enterprise NVMe SSD Awarded ‘Best of Show’ at Flash Memory Summit 2022

SAN JOSE, Calif.--(BUSINESS WIRE)--#KumoScale--KIOXIA America, Inc. today announced that its CM7 Series enterprise NVMe® SSD has received a Flash Memory Summit ‘Best of Show’ award in the ‘Most Innovative Memory Technology’ category. “The next generation of SSDs in the marketplace will incorporate the latest standards, innovative form factors, advanced security…
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