Latest news with #HodHasharon
Yahoo
4 days ago
- Business
- Yahoo
Valens Semiconductor to Participate in Upcoming Investor Conferences
HOD HASHARON, Israel, Aug. 7, 2025 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN) ("Valens"), a leader in high-performance connectivity, today announced that Guy Nathanzon, Chief Financial Officer, will participate in the following investor events in August: Oppenheimer 28th Annual Technology, Internet & Communications ConferenceFormat: Presentation and virtual one-on-one meetingsWhen: Monday, August 11 to Wednesday, August 13. Presentation is scheduled for August 11 at 2:05 pm ETWebcast Link: Needham 6th Annual Virtual Semiconductor & SemiCap ConferenceFormat: Virtual one-on-one meetingsWhen: Wednesday, August 20 and Thursday, August 21 Jefferies Semiconductor, IT Hardware & Communications ConferenceFormat: In-person one-on-one meetingsWhen: Tuesday, August 26Location: Chicago, IL Evercore ISI Semi, IT Hardware & Networking ConferenceFormat: In-person one-on-one meetingsWhen: Wednesday, August 27Location: Chicago, IL Investors interested in scheduling one on one meetings with Valens during any of the upcoming conferences are encouraged to contact their sales representative or reach out to Miri Segal at msegal@ About Valens Semiconductor Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens' chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations, next-generation videoconferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens sets the standard everywhere it operates, and its technology forms the basis for the leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, visit Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding our anticipated future results, including financial results, our five-year plan, currency exchange rates, and contract wins, and future economic and market conditions. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Valens Semiconductor's ("Valens") management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Valens Semiconductor. These forward-looking statements are subject to a number of risks and uncertainties, including the cyclicality of the semiconductor industry; the effect of inflation and a rising interest rate environment on our customers and industry; the ability of our customers to absorb inventory; competition in the semiconductor industry, and the failure to introduce new technologies and products in a timely manner to compete successfully against competitors; if Valens fails to adjust its supply chain volume due to changing market conditions or fails to estimate its customers' demand; disruptions in relationships with any one of Valens' key customers; any difficulty selling Valens' products if customers do not design its products into their product offerings; Valens' dependence on winning selection processes; even if Valens succeeds in winning selection processes for its products, Valens may not generate timely or sufficient net sales or margins from those wins; sustained yield problems or other delays or quality events in the manufacturing process of products; our ability to effectively manage, invest in, grow, and retain our sales force, research and development capabilities, marketing team and other key personnel; our ability to timely adjust product prices to customers following price increase by the supply chain; our ability to adjust our inventory level due to reduction in demand due to inventory buffers accrued by customers; our expectations regarding the outcome of any future litigation in which we are named as a party; our ability to adequately protect and defend our intellectual property and other proprietary rights; our ability to successfully integrate or otherwise achieve anticipated benefits from acquired businesses; the market price and trading volume of the Valens ordinary shares may be volatile and could decline significantly; further deterioration of macroeconomic conditions due to ongoing global political and economic uncertainty, including with respect to China-Taiwan relations and increasing trade and other tariff-related tensions (as our current guidance assumes the estimated production and/or demand impact on us of current tariff conditions); political, economic, governmental and tax consequences associated with our incorporation and location in Israel; and those factors discussed in Valens' Form 20-F filed with the SEC on February 26, 2025 under the heading "Risk Factors," and other documents of Valens filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Valens does not presently know or that Valens currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Valens' expectations, plans or forecasts of future events and views as of the date of this press release. Valens anticipates that subsequent events and developments may cause Valens' assessments to change. However, while Valens may elect to update these forward-looking statements at some point in the future, Valens specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Valens' assessment as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Logo: For more information, please contact: Investor Contacts: Michal Ben AriInvestor Relations ManagerValens Semiconductor Miri SegalMS-IR IR for Valensmsegal@ Media Contact: Yoni DayanHead of CommunicationsValens Semiconductor View original content: SOURCE Valens Semiconductor
Yahoo
29-07-2025
- Business
- Yahoo
Allot to Release Second Quarter 2025 Results and Host Conference Call on August 14, 2025
Hod Hasharon, Israel, July 29, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its second quarter 2025 results on Thursday, August 14, 2025 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-668-9141, UK: 0-800-917-5108, Israel: +972-3-918-0644 A live webcast of the conference call can be accessed on the Allot website at The webcast will also be archived on the website following the conference call. About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure. For more information, visit CONTACT: Seth Greenberg Allot +972 54 922 2294 sgreenberg@ Ehud Helft Allot Investor Relations +1 212 378 8040 allot@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Play Selects Allot DNS Secure to Offer Cyber Protection to Its Broadband Customers
Latest agreement expands existing Allot cybersecurity partnership with Play. Hod Hasharon, Israel, July 16, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers and enterprises, today announced that Play, a leading convergent operator in Poland, has selected DNS Secure from Allot to offer its fixed broadband customers cybersecurity protection services. This agreement, signed in April 2025, and the subsequent deployment will add services to the existing network-based Allot cybersecurity services that Play deployed back in 2021 for their mobile customers. DNS Secure is suited for CSPs who want to deploy a security solution for fixed broadband subscribers. The solution provides protection against a broad range of cyber threats including malware and phishing and offers content filtering. It is deployed with a 'light touch' on the network either as a standalone solution or together with other solutions in the unified Allot Secure family, such as NetworkSecure in the case of Play. 'The Play team is very satisfied with Allot's NetworkSecure solution for mobile customers, which is why we decided to expand and make Allot services available to our fixed broadband customers as well,' said Artur Dominiak, Director Home Services at Play. 'For the last several years, our mobile customers have enjoyed the peace of mind that network-based cybersecurity protection gives them. We are confident that the same peace of mind will extend to our fixed broadband customers with the implementation of Allot DNS Secure.' 'Allot's partnership with Play goes beyond products and services. We are invested in their success and in the satisfaction of their customers,' said Amir Oren, VP Sales for EMEA at Allot. 'Now, Play's fixed broadband customers, with Allot DNS Secure, and their mobile customers, with the existing NetworkSecure deployment, can have a unified, converged user experience using Allot Security Management.' ### Additional Resources:Allot Blog: CyberTalk Podcast: us on Twitter: @allot_ltdFollow us on LinkedIn: About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure. Forward-Looking Statement This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Seth Greenberg Allot +972 54 922 2294 sgreenberg@ Ehud Helft/Kenny Green Allot Investor Relations +1 212 378 8040 Allot@
Associated Press
07-07-2025
- Business
- Associated Press
Allot Signs Landmark Deal with Tier 1 EMEA Telecom Operator, Valued at Tens of Millions of Dollars
Hod Hasharon, Israel, July 07, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers and enterprises, today announced that it has signed an agreement valued at tens of millions of dollars to provide an integrated network intelligence and cybersecurity solution to a Tier-1 telecom operator in EMEA for their converged mobile and fixed network. The multi-year agreement includes Allot Smart solutions for Traffic Management, Policy & Charging Control, Network Visibility and Analytics and a set of cybersecurity services including DDoS attack protection, anti-botnet and reputation protection. The solution will be based on the recently launched SG Tera-III platform, the highest capacity multiservice gateway in the telecommunications market. 'This is a major customer win for Allot, the largest in five years, and is pivotal in our journey as we continue to expand our security and network intelligence presence across EMEA' said Eyal Harari, CEO of Allot. 'We are excited with this new partnership as we leverage our unique technological advantages and core expertise to support all customer requirements as we progress with our 'security-first' strategy.' The integrated Allot solutions will offer services, including cybersecurity services, for fixed fiber as well as mobile 5G and 4G networks, on a unified service gateway platform. The combination of solutions to be provided by Allot are designed to reduce the telecom operator's access bandwidth costs, defer capacity expansion, cut OPEX through automation and assure high QoE for the operator's customers. ### Additional Resources: Allot Blog: Telco CyberTalk Podcast: Follow us on Twitter: @allot_ltd Follow us on LinkedIn: About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure. Forward-Looking Statement This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading 'Risk Factors' in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Seth Greenberg Allot +972 54 922 2294 [email protected] Ehud Helft/Kenny Green Allot Investor Relations +1-212-378-8040 [email protected]
Business Upturn
25-06-2025
- Business
- Business Upturn
Allot Announces Pricing of Underwritten Public Offering of Ordinary Shares
Hod Hasharon, Israel, June 24, 2025 (GLOBE NEWSWIRE) — Allot Ltd. (Nasdaq: ALLT; TASE: ALLT) ('Allot' or the 'Company'), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced today the pricing of a public offering of 5,000,000 ordinary shares at a price to the public of $8.00 per share. In addition, the Company granted the underwriters of the public offering a 30-day option to purchase from the Company up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts and commissions. All of the ordinary shares in the public offering will be sold by the Company. The offering is expected to close on June 26, 2025, subject to customary closing conditions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $40.0 million, assuming no exercise of the underwriters' option. The Company expects to use the net proceeds to repay $31.41 million of principal outstanding under the senior unsecured convertible promissory note with a face value of $40.0 million issued by the Company to its largest shareholder, Lynrock Lake Master Fund LP ('Lynrock'), on February 18, 2022 (as amended, the 'Lynrock Note'), and the balance for general corporate purposes. In connection with the offering, Lynrock has agreed to convert the remaining $8.59 million of principal outstanding under the Lynrock Note into 1,249,995 ordinary shares. Lynrock has entered into a customary lock up agreement with the underwriters with respect to its ordinary shares, including those to be issued upon conversion of the Lynrock Note, for a period of 75 days following the date of the final prospectus supplement. The Company will have no outstanding indebtedness for borrowed money following the repayment and conversion of the Lynrock Note. TD Cowen and William Blair are acting as the joint book-running managers, Needham & Company is acting as lead manager and Northland Capital Markets is acting as co-manager, with respect to the public offering of the ordinary shares. The public offering is being made pursuant to an effective shelf registration statement on Form F-3 previously filed by the Company with the U.S. Securities and Exchange Commission (the 'SEC') and declared effective on April 3, 2025. A preliminary prospectus supplement relating to the public offering has also been, and a prospectus supplement relating to the public offering will be, filed with the SEC. The public offering of ordinary shares is being made only by means of a prospectus supplement and accompanying prospectus. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement filed on June 24, 2025, the prospectus supplement once available, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. Copies of the prospectus supplement and accompanying prospectus relating to the public offering may be obtained free of charge at the SEC's website at Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained from: TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, by email at [email protected] or by telephone at (855) 495-9846; and William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, or by telephone at (800) 621-0687, or by email at [email protected]. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described above, nor shall there be any offer, solicitation or sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale of such securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Allot Allot Ltd. (Nasdaq: ALLT, TASE: ALLT) is a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the size and timing of the public offering, the granting of an option by the Company to the underwriters to purchase additional ordinary shares from the Company, the proposed use of proceeds of the public offering, and the repayment and conversion of the Lynrock Note. These statements are not historical facts but rather are based on Allot's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as 'expect,' 'intend,' 'believe,' 'may,' 'will,' 'should,' and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology) are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those set forth in the 'Risk Factors' section of the registration statement and the prospectus supplement for the public offering and the Company's other filings with the SEC. Any such forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and speak only as of the date of this press release. Allot undertakes no duty to update any forward-looking statements made herein. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
