Latest news with #MichaelFinley
Zawya
28-05-2025
- Business
- Zawya
National Basketball Association (NBA) Africa and Opportunity International Unveil New Basketball Court in Nairobi, Kenya
NBA Africa ( and Opportunity International, a global nonprofit organization that develops innovative programs that use financial services, training and support to address some of the greatest challenges facing those living in poverty around the world, unveiled a new outdoor basketball court at Loiswell Academy in Nairobi, Kenya, on Tuesday, May 27. The unveiling follows the launch of a new court at Highland School in Nyamata, Rwanda, last week and supports NBA Africa's commitment to build 1,000 courts on the continent over the next decade. The court was unveiled at a ribbon cutting ceremony by NBA Kenya Country Operations Lead Michael Finley, Opportunity International Board of Directors Member Ken Wathome, Opportunity International Executive Vice President, International Programs and Capital Solutions Randy Kurtz, Loiswell Academy Founder and Director Lois Mbugua and former NBA player Hasheem Thabeet, which was followed by a Jr. NBA/Jr. WNBA clinic for 100 boys and girls ages 16 and under. Distributed by APO Group on behalf of National Basketball Association (NBA). Please find images from the ribbon cutting ceremony and Jr. NBA/Jr. WNBA clinic here (
Yahoo
20-03-2025
- Business
- Yahoo
Microchip Technology Engages Macquarie Group to Facilitate Sale of Tempe Fab 2 Wafer Fabrication Facility
CHANDLER, Ariz., March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility ('Fab 2') located in Tempe, Arizona. This decision is part of Microchip's previously announced manufacturing restructuring plan supporting its strategic goal of enhancing operational efficiency and profitability. The Fab 2 site, which includes installed and operational semiconductor equipment, will be marketed and sold under the guidance of the semiconductor and technology team within Macquarie's Commodities and Global Markets business. Microchip's product manufacturing and technologies in Fab 2 are being transferred to Fabs 4 and 5 in Oregon and Colorado, respectively. Those facilities remain key to Microchip's long-term production and capacity plans. 'The closure and sale of Fab 2 is the latest development in our ongoing restructuring, demonstrating our efforts to resize our manufacturing footprint,' said Michael Finley, senior vice president of fab operations. 'We believe Macquarie's extensive experience in the marketing and disposition of assets from advanced equipment to complete facilities positions them well to oversee the sale of Fab 2.' Don Trent, senior managing director in Macquarie Group's Commodities and Global Markets business, added: 'From equipment remarketing to semiconductor fab sales, Macquarie provides asset-focused solutions critical to semiconductor manufacturing operations. Having completed over 50 fab disposition projects, Macquarie is pleased that Microchip has entrusted us to facilitate the sale its wafer fabrication facility in Tempe.' Having served the semiconductor industry for over 20 years, Macquarie's semiconductor and technology team has a proven track record facilitating the acquisition or disposition of complete fabs on behalf of clients while maximizing asset value. Microchip remains dedicated to its mission of offering outstanding technical support along with dependable delivery and quality. The company will continue to optimize its operations to better serve the evolving needs of the market and drive shareholder value. For more information about the sale of Fab 2, contact Eric Larsen at or Tim Johnson at All media inquiries should be directed to pr@ Resources High-res image available through Flickr or editorial contact (feel free to publish): Image: Cautionary Statement: The statements in this release relating to the steps we are taking to restructure and resize our manufacturing footprint, that such plan supports enhanced operational efficiency and profitability, that we will continue to optimize operations, that we believe Macquarie's experience positions them well to oversee the sale of Fab 2 and that optimized operations will better serve the needs of the market and drive shareholder value are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, the level of demand for our products, our inventory levels, market conditions for sales of fabs and fab equipment and those risks covered in Microchip's filings on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website ( or the SEC's website ( or from commercial document retrieval services. Stockholders of Microchip are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Microchip does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this March 20, 2025 press release, or to reflect the occurrence of unanticipated events. About Microchip Technology:Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company's solutions serve over 100,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. Editorial Contact:Brian in to access your portfolio
USA Today
06-03-2025
- Sport
- USA Today
On this day: Marcus Smart, Michael Finley, Shaq born; Jayson Tatum hangs 54 points on Nets
On this day: Marcus Smart, Michael Finley, Shaq born; Jayson Tatum hangs 54 points on Nets On this day in Boston Celtics history, veteran Celtics guard Marcus Osmond Smart was born in Flower Mound, Texas in 1994. The future Celtic defensive specialist would play his college ball with the Oklahoma State University Cowboys. There, he won Big 12 Player of the Year and NCAA Second Team All-American honors in 2013 and was named a National Association of Basketball Coaches Third Team All-American the following year. He was taken sixth overall in the 2014 NBA draft and has played solely with the Celtics ever since. Smart garnered All-Rookie Second Team honors in 2015, and All-Defensive First Team honors in 2019, 2020, and 2022, earning Defensive Player of the Year honors in 2022 as well before being dealt to the Memphis Grizzlies in 2023. Happy birthday, Marcus! It is also the birthday of former Celtic Michael Finley, born today in Melrose Park, Illinois in out of Wisconsin by the Phoenix Suns, Finley would play for that club, the Dallas Mavericks, and San Antonio Spurs before joining Boston in 2010, winning a title with the Spurs in 2007. The former Badger would actually ink his deal with the Celtics on his birthday that year and would play just 21 games for the team, averaging 5.2 points, 1.6 rebounds, and 1.1 assists. It is also the birthday of former Celtic and Hall of Famer Shaquille O'Neal, born in Newark, New Jersey in 1972. Shaq came to Boston late in his career, his final stop after four rings and 15 All-Star nods, among countless other honors. It was time for O'Neal to hang it up, however, as injuries kept him to just 37 appearances that saw him score a career-low 9.2 points, 4.8 rebounds, and 0.7 assists per game. Finally, it was on this date in 2022 that star Celtics forward hung a career-high 54 points on Kevin Durant, Kyrie Irving, and the Brooklyn Nets. "Those matchups — when you're playing one of the better teams in the league, two of the best guys — as a competitor, those are the kinds of moments that as a kid you looked forward to," Tatum said via the AP. "When those opportunities come, you try to make the most of it." Listen to the "Celtics Lab" podcast on: Apple Podcasts: Spotify:
