AGS Devices Licenses and Co-Brands CELUS Design Platform to Enable Faster Product Development and Sourcing
AUSTIN, Texas--(BUSINESS WIRE)-- CELUS, developer of the leading AI-assisted electronics design platform used by developers and engineers globally, announced today that AGS Devices, a premier independent distributor of electronic components serving customers worldwide, will license and co-brand the CELUS Design Platform. The partnership gives current and future AGS Devices customers access to the most efficient and effective AI-assisted hardware design platform available and gives CELUS platform users access to an extensive range of components via AGS Devices.
AGS Devices Licenses and Co-Brands CELUS Design Platform to Enable Faster Product Development and Sourcing
Share
CELUS' Design Platform simplifies and accelerates the design process by automated, AI-driven recommendations capable of evaluating hundreds of millions of components available to electronics engineers. The platform enables users to go from design requirements to schematics in less than an hour. With electronic devices typically containing from 200 to 1,000 individual components, the platform radically shortens the time it takes to bring new projects from concept to reality and to market.
CELUS' cutting-edge technology design environment and proprietary CUBO™ component knowledge base, coupled with AGS Devices' sourcing and procurement expertise, and fast delivery times, gives AGS Devices clients a significant market advantage.
'This collaboration underscores our commitment to empowering engineers and the design community with tools and resources to simplify and streamline the typically complex electronics design process,' said Rob Telson, Vice President of Global Sales at CELUS. 'AGS Devices can offer its current and future customers both AI-powered design capabilities and extensive component options, and this sets AGS Devices vastly apart from other distributors.'
'AGS Devices is dedicated to providing support and value that contributes to our clients' success, and we believe the CELUS Design Platform will also deliver both exceptional service and value to our family of customers,' said Gilvan Angelini, AGS Devices president. 'We have been highly impressed with CELUS and the platform's ability to increase innovation and efficiency in project execution.'
Component suppliers and manufacturers interested in learning more about the CELUS Design Platform can contact sales@celus.io.
About AGS Devices
AGS Devices Ltd., founded in 2002, is a franchised, independent distributor of passive and active electronic components and power suppliers. AGS Devices specializes in solving OEM and CEM electronic component shortages by tapping into a global network of strong supplier relationships and staying on top of the latest industry information. AGS Devices offers fast, reliable delivery without sacrificing quality, and delivers only the new and original, manufacturer-sealed products with one of the shortest turnaround times in the industry. AGS Devices is headquartered in Florida and has offices in Brazil and Hong Kong. For more information visit https://www.agsdevices.com.
About CELUS
Founded by a team of engineers and backed by an advisory board of top industry experts, CELUS GmbH is revolutionizing electronics design while fostering collaboration and innovation within the $1.4 trillion electronic component industry. CELUS provides a unique ecosystem uniting component manufacturers, distributors, EDA suppliers and engineers to enable better, faster development cycles, cost savings and increasing revenue opportunities. The pioneering CELUS Design Platform uses AI-driven automation, its proprietary CUBO™ component knowledge base, and comprehensive design resources to transform technical requirements into schematics in record time so developers and engineers can bring projects from concept to reality with unprecedented efficiency and precision. The company is based in Munich, Germany, with additional offices in Porto, Portugal and Austin, Texas. For more information, to access the CELUS Design Platform, or to become a CUBO Partner visit www.celus.io.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
35 minutes ago
- Business Wire
Law Offices of Howard G. Smith Encourages Fortrea Holdings Inc. (FTRE) Investors to Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Fortrea Holdings Inc. ('Fortrea' or the 'Company') (NASDAQ: FTRE) securities between , inclusive (the 'Class Period'). Fortrea investors have until August 1, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FORTREA HOLDINGS INC. (FTRE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On September 25, 2024, the investment bank Jefferies downgraded Fortrea from buy to hold, citing perceived weaknesses in the Company's business model as a contract research organization ('CRO') amid pressure on biotechnology funding and that the cost savings Fortrea expects to achieve by existing transition services agreements ('TSAs') are 'not as material as one might think.' On this news, Fortrea's stock price fell $2.73, or 12.3%, to close at $19.48 per share on September 25, 2024, thereby injuring investors. Then, on December 6, 2024, Baird Equity Research stated that '[g]iven our ongoing concerns around the sector, [Fortrea's] choppy history post spin, and lack of clarity on the abrupt communications course change, we cannot recommend an actionable investment (buy or sell)[.]' On this news, Fortrea's stock price fell $1.90, or 8.1%, to close at $21.67 per share on December 6, 2024. Then, on March 3, 2025, before the market opened, Fortrea announced financial results for the fourth quarter and full year 2024, revealing the Company had missed its previously announced guidance for revenue and adjusted EBITDA for the full year 2024. The Company's financial results revealed full year adjusted EBITDA of $202.5 million, well below the Company's previously announced guidance of $220 million to $240 million. The Company also revealed full year revenue of $2.696 billion, which missed previously announced guidance of $2.7 billion to $2.725 billion. The Company further revealed financial guidance for the full year 2025, which projected declines in revenue and adjusted EBITDA, with revenues of $2.450 billion to $2.550 billion and adjusted EBITDA in the range of $170 million to $200 million. Thomas Pike ('Pike'), the Company's then-Chief Executive Officer ('CEO'), explained that 'full-service work for projects from the pre-spin period,' 'have less revenue and less profitability' and 'post-spin work is not coming on fast enough to offset the pre-spin contract economics.' Pike further revealed 'this older versus newer mix issue will continue to negatively impact our financial performance during 2025.' On this news, Fortrea shares fell $3.47, or 25.1%, to close at $10.38 per share on March 3, 2025, thereby injuring investors further. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Fortrea overestimated the amount of revenue the Pre-Spin Projects were likely to contribute to the Company's 2025 earnings; (2) Fortrea overstated the cost savings it would likely achieve by exiting the TSAs; (3) as a result, the Company's previously announced EBITDA targets for 2025 were inflated; (4) accordingly, the viability of the Company's post-Spin-Off business model, as well as its business and/or financial prospects, were overstated; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you purchased Fortrea securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Business Wire
44 minutes ago
- Business Wire
Informatica Expands Collaboration with Snowflake Partnership, Enabling Trusted AI-Ready Data Through Snowflake Apache Polaris and Cortex AI Integration
SAN FRANCISCO--(BUSINESS WIRE)-- Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, today announced new product innovations at Snowflake Summit, Snowflake's annual user conference, including expansion of its support for Apache Iceberg ™. These updates help joint customers use both companies' Generative AI (GenAI) technologies to build reliable, enterprise-level AI applications. New Informatica Intelligent Data Management Cloud Application Integration Capabilities for Snowflake Cortex AI (now Generally Available globally): New Cortex AI Connectivity: New connectors for Cortex AI, Cortex Search, Cortex Analyst and Cortex Agents Simplified RAG and Agent Use Case Development: Simplify GenAI application creation for data professionals with no-code development and deployment with Snowflake Cortex AI Informatica is enhancing its Open Table Connector (Apache Iceberg) to support Apache Polaris: New Apache Iceberg Open Table Connector for Snowflake with support for Snowflake Apache Polaris (Private Preview): Informatica Cloud Data Integration's no-code/low-code data pipelines can now load data into Snowflake from over 300 sources using the Iceberg table format. All tables are automatically registered in Snowflake Apache Polaris, enabling seamless interoperability across Snowflake and other query engines (Planned release in July 2025). Informatica Master Data Management Extension for Snowflake: Informatica is launching its Master Data Management (MDM) SaaS Extension for the Snowflake AI Data Cloud, allowing customers to consolidate master and transaction data across multiple sources. The seamless integration between Informatica MDM and the Snowflake platform enables customers to easily load their trusted master data assets from Informatica's MDM SaaS including customer, supplier, product, patient, provider and other domains directly into the Snowflake AI Data Cloud. The integration brings together data from disparate domains, so data practitioners can power their analytics and AI use cases. 'Informatica continues to be at the forefront of Generative AI and Apache Iceberg innovation with Snowflake enabling our joint customers to build for the future with a trusted, AI-ready data foundation,' said Rik Tamm-Daniels, Group Vice President of Strategic Ecosystems and Technology at Informatica. 'Today's announcement underscores our relentless commitment to innovating and leading with Snowflake to deliver greater value for customers through deep product roadmap and partnership alignment.' 'Informatica's Intelligent Data Management Cloud and Generative AI blueprint for Cortex AI provide a rich foundation of trusted data and metadata intelligence that has enabled us to accelerate innovation with Cortex Analyst and deliver GenAI experiences for our end users leveraging Snowflake data,' said Moli Thomas, Senior Director of Enterprise Data and Analytics at HMH Education Company. 'Snowflake and Informatica continue to collaborate and innovate across product development and engineering to support enterprise customers,' said Saptarshi Mukherjee, Director of Product, Data Engineering at Snowflake. 'Informatica's expanded capabilities with the Cortex AI platform and private preview of its support for Snowflake Apache Polaris showcase our shared commitment to deliver an enhanced and seamless experience for enterprise customers using Snowflake to power their AI initiatives.' Join us at booth #1509 and breakout session #AI212 at Snowflake Summit 2025 as we build the future of AI and enterprise applications, empowering organizations to harness the capabilities of advanced data management and GenAI applications. About Informatica Informatica (NYSE: INFA), a leader in AI-powered enterprise cloud data management, helps businesses unlock the full value of their data and AI. As data grows in complexity and volume, only Informatica's Intelligent Data Management Cloud™ delivers a complete, end-to-end platform with a suite of industry-leading, integrated solutions to connect, manage and unify data across any cloud, hybrid or multi-cloud environment. Powered by CLAIRE® AI, Informatica's platform integrates natively with all major cloud providers, data warehouses and analytics tools— giving organizations the freedom of choice, avoiding vendor lock-in and delivering better ROI by enabling access governed data, simplify operations and scale with confidence. Trusted by 5,000+ customers in nearly 100 countries—including over 80 of the Fortune 100—Informatica is the backbone of platform-agnostic, cloud data-driven transformation.
Business Wire
an hour ago
- Business Wire
STREAMLINE HEALTH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Streamline Health Solutions, Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of Streamline Health Solutions, Inc. (NasdaqCM: STRM) to MDaudit. Under the terms of the proposed transaction, shareholders of Streamline will receive $5.34 in cash for each share of Streamline that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
