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Associated Press
28-04-2025
- Business
- Associated Press
Semtech Announces Upsize of Revolving Credit Facility
CAMARILLO, Calif.--(BUSINESS WIRE)--Apr 28, 2025-- Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions ('Semtech' or 'Company'), today announced it has entered into a Fourth Amendment to its Third Amended and Restated Credit Agreement which increased the total borrowing capacity under the revolving credit facility by $117.5 million for a total revolving credit facility size of $455.0 million. No financial covenants or material terms were modified as part of this amendment. The increase partially replaces borrowing capacity that matured on November 7, 2024. The revolving credit facility remains undrawn except for previously outstanding letters of credit totaling $2.9 million issued under the facility. 'We are very pleased with the successful execution of this amendment, with three new institutions joining the lending group to increase capacity on our revolving credit facility to $455 million,' said Mark Lin, executive vice president and chief financial officer. 'We are also pleased to announce that subsequent to the revolving capacity increase, using cash flow from operations, we repaid $10 million on our term loan in the first quarter of fiscal year 2026, consistent with our capital allocation priority to reduce leverage.' About Semtech Semtech Corporation (Nasdaq: SMTC) is leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions dedicated to delivering high-quality technology solutions that enable a smarter, more connected and sustainable planet. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at or follow us on LinkedIn or X. Semtech and the Semtech logo are registered trademarks or service marks of Semtech Corporation or its subsidiaries. SMTC-F View source version on CONTACT: Sara Kesten Semtech Corporation (805) 480-2004 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: NETWORKS INTERNET HARDWARE ENGINEERING TECHNOLOGY IOT (INTERNET OF THINGS) SEMICONDUCTOR MANUFACTURING SOURCE: Semtech Corporation Copyright Business Wire 2025. PUB: 04/28/2025 09:20 AM/DISC: 04/28/2025 09:21 AM
Associated Press
26-04-2025
- Automotive
- Associated Press
Marti Technologies, Inc. to Report Full Year 2024 Results on April 29, 2025
ISTANBUL--(BUSINESS WIRE)--Apr 25, 2025-- Marti Technologies, Inc. ('Marti') (NYSE American: MRT), Türkiye's leading mobility super app, will announce its full year 2024 financial and operational results before the U.S. markets open on Tuesday, April 29, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Tuesday, April 29, 2025. Live webcast can be accessed via: Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Relations website following the call. Marti's Full Year 2024 results presentation will be available on Marti Investor Relations website on April 29, 2025. About Marti: Founded in 2018, Marti is Türkiye's leading mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti's offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit View source version on CONTACT: Investor Contact Marti Technologies, Inc. Turgut Yilmaz [email protected] KEYWORD: TURKEY EUROPE INDUSTRY KEYWORD: TRANSPORTATION EV/ELECTRIC VEHICLES AUTOMOTIVE TECHNOLOGY IOT (INTERNET OF THINGS) TRAVEL PUBLIC TRANSPORT TRANSPORT APPS/APPLICATIONS SOFTWARE MOTORCYCLES SOURCE: Marti Technologies, Inc. Copyright Business Wire 2025. PUB: 04/25/2025 08:11 PM/DISC: 04/25/2025 08:11 PM
Associated Press
14-04-2025
- Business
- Associated Press
Taiwan Air Treatment Systems Market Report - HEPA, Smart Tech and Social Commerce Drive Taiwan's Air Treatment Market
DUBLIN--(BUSINESS WIRE)--Apr 14, 2025-- The 'Air Treatment Systems Market: Taiwan' report has been added to offering. A comprehensive analysis of the Air Treatment Systems (Air Purifiers) Market in Taiwan including market sizing, market share by competitor, drivers, restraints, distribution, pricing trends, new products and market forecasts to 2030. This report covers air treatment systems and filter replacements. This market study includes air purifiers for residential and commercial use and filter replacement. The base year for the study is 2023 and the forecast period is from 2023 until 2030. For the purposes of this research, air treatment systems (also known as air purifiers) are portable systems and are defined as the following: The report captures the following information about the air treatment systems market in Taiwan: Company Coverage: Key Topics Covered: Country Profile, Taiwan Executive Summary: Major Data Points Market Drivers/Impact Market Restraints/ Impact Market Trends Market Data For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: TAIWAN ASIA PACIFIC INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY HVAC ELECTRONIC COMMERCE COMMUNICATIONS MANUFACTURING SOCIAL MEDIA DATA MANAGEMENT IOT (INTERNET OF THINGS) ARTIFICIAL INTELLIGENCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 04/14/2025 07:32 AM/DISC: 04/14/2025 07:32 AM
Associated Press
14-04-2025
- Business
- Associated Press
Uniserve Partners with Logistics Reply to Deliver Transformation to Customers Supply Chains
TURIN, Italy--(BUSINESS WIRE)--Apr 14, 2025-- Logistics Reply, a company of the Reply Group specialised in digital solutions for the supply chain, has successfully partnered with Uniserve — the UK's leading independent provider of logistics and global trade management — to implement a cutting-edge warehouse management system (WMS) to meet the growing demand for scalability, efficiency, and real-time visibility across supply chain operations. This press release features multimedia. View the full release here: With Logistics Reply's partnership Uniserve faces successfully the challenges of a growing need for scalability and efficiency. As the leader in logistics innovation for over 40 years, Uniserve worked with Logistics Reply to implement LEA Reply™, a cloud-native, microservices-based platform developed by Logistics Reply. LEA Reply™ was selected for its scalability and seamless integration with Uniserve's existing infrastructure. The smooth implementation process and ongoing support have significantly enhanced operations, providing real-time inventory visibility across all sites and improving accuracy rates. Since adopting LEA Reply™, Uniserve has increased operational efficiency and laid the foundation for future growth by implementing a scalable platform designed to support business expansion, with plans to integrate advanced technologies—such as AI, inventory drones, yard management, and dock scheduling—in the future. 'We've not only improved operations but set the stage for future growth,' said David Barry, Director of Warehouse and Transport at Uniserve. 'With LEA Reply™, we can scale operations while maintaining efficiency and accuracy.' Simon George, Group IT Director at Uniserve, emphasised the importance of the partnership: 'What's great about Logistics Reply is that they're not just a software vendor; they're a true strategic partner. We're excited to roll out more of their solutions, and we know they'll be there to support us every step of the way.' This collaboration exemplifies how innovative solutions can optimise logistics, setting new standards for the industry. View source version on CONTACT: Press contact:Reply Fabio Zappelli [email protected] Tel. +390117711594Irene Caia [email protected] Tel. +39 02 535761 KEYWORD: GERMANY EUROPE UNITED KINGDOM ITALY INDUSTRY KEYWORD: TECHNOLOGY OTHER PROFESSIONAL SERVICES ROBOTICS OTHER TRANSPORT TRUCKING RAIL MARITIME PROFESSIONAL SERVICES AIR ARTIFICIAL INTELLIGENCE TRANSPORT IOT (INTERNET OF THINGS) DATA MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT SOURCE: Reply Copyright Business Wire 2025. PUB: 04/14/2025 04:03 AM/DISC: 04/14/2025 04:03 AM
