Connect with us

Technology

QuickLogic Set to Join Russell 3000® Index

Published

on

SAN JOSE, Calif., May 29, 2024 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) (“QuickLogic” or the “Company”), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it is set to join the broad-market Russell 3000® Index. This inclusion will occur at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. The announcement follows the preliminary list of additions that was posted Friday, May 24th.

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“Inclusion in the Russell 3000® Index is welcomed recognition of QuickLogic’s growth and financial performance driven by our successful strategic transformation with the launch of our eFPGA IP business model in 2020,” said Brian Faith, CEO of QuickLogic. “We remain extremely focused on executing on our strategy and look forward to introducing QuickLogic to a broader segment of the investment community through our inclusion in this prominent index.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of December 2023, about $10.5 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.

Fiona Bassett, CEO of FTSE Russell, An LSEG Business, commented “Russell indexes–now in their 40th year–continue to evolve to reflect the dynamic US economy. Annual rebalancing plays a vital role in establishing accurate benchmarks, ensuring they correctly mirror their designated market segments and remain unbiased in terms of size and style.”

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About FTSE Russell:
FTSE Russell is a leading global provider of benchmarking, analytics, and data solutions for investors, giving them a precise view of the market relevant to their investment process. A comprehensive range of reliable and accurate indexes provides investors worldwide with the tools they require to measure and benchmark markets across asset classes, styles, or strategies.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives.

FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent committees of leading market participants. FTSE Russell fully embraces the IOSCO Principles, and its Statement of Compliance has received independent assurance. Index innovation is driven by client needs and customer partnerships, allowing FTSE Russell to continually enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit https://www.lseg.com/en/ftse-russell

About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops innovative embedded FPGA (eFPGA) IP, discrete FPGAs, and FPGA SoCs for a variety of industrial, aerospace and defense, edge and endpoint AI, consumer, and computing applications. Our wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution portfolio with AI / ML software that accelerates AI at the edge/endpoint. For more information, visit quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/quicklogic-set-to-join-russell-3000-index-302157545.html

SOURCE QuickLogic Corporation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Thinca Co., Ltd. (149A.T) Reaffirms Strategic Alignment with Major Shareholder Wojciech Jakub Podobas

Published

on

By

TOKYO, April 20, 2025 /PRNewswire/ — Thinca Co., Ltd. (Tokyo: 149A.T), developer and provider of the next-generation communication platform Kaikura, is pleased to announce that Wojciech Jakub Podobas (ヴォイチェフ ポドバス), who holds over 9% of the company’s shares, held an online meeting with Takahiro Ejiri, President & CEO, and Naoki Sasada, Director & CTO of Thinca.

Mr. Voytek Podobas, an experienced global investor, has in recent years actively focused on high-growth-potential companies in Japan. This latest meeting further deepened his understanding of Thinca’s vision and strategy, leading him to re-evaluate and reaffirm the company’s long-term potential. Following the meeting, he increased his ownership stake to 9.83%.

Thinca Co., Ltd. expresses sincere gratitude to Mr. Podobas for his continued confidence in the company’s growth potential and for expanding his stake. The company remains committed to further accelerating its business development to meet the expectations of its shareholders and investors.

Meeting with Major Shareholder Mr. Podobas and Thinca Executives – Reaffirming Growth Potential

Mr. Podobas’s comments on Thinca Co., Ltd.: “I’ve had several deep discussions with Thinca’s leadership and was deeply impressed by their strategic focus and long-term thinking. Founder and CEO Mr. Ejiri presents a bold and inspiring vision for the future of the company, and I am proud to support it.””What stood out the most was how Team Thinca embodies Japan’s ‘Kaizen’ spirit—executing new strategies with both discipline and agility. This combination of innovation and operational excellence, in my view, will enable Thinca to achieve strong, sustainable growth and play a central role in shaping the future of Japan’s SaaS sector.”

About Kaikura

Kaikura is a next-generation communication platform that consolidates interactions from various communication tools—including telephone, email, web conferencing, and SMS—into a unified interface. Regardless of the communication channel used, the system enables users to view organized communication histories for each customer, allowing all team members to provide informed responses.

Since its launch in August 2014, Kaikura has been implemented by over 2,700 companies across 5,200 locations. The platform has received numerous accolades:

Recognized by NTT East Japan as an official product in December 2015Special Award, 8th Chiyoda Business Awards, February 2016Service Category Special Award, World Business Competition 2018, November 2018Best Innovation Award, ASP/SaaS Division, ASPIC IoT•AI•Cloud Awards 2020, November 2020CTI Category 2023 Winter Leader, ITreview Grid Award, January 2023Named “Good Service” and “Most Customizable” in Call Center Systems (Inbound), BOXIL SaaS AWARD Winter 2023, March 2023

For more information, users can visit the official Kaikura website: https://kaiwa.cloud/

About Thinca Co., Ltd. (149A.T)

Company Name: Thinca Co., Ltd. (Tokyo Stock Exchange: 149A.T) 

President & CEO: Takahiro Ejiri

Founded: January 8, 2014

Employees: 64 (as of December 31, 2024)

Business Description: Planning, development, and operation of IT systems; development, sales, and management of cloud services; consulting on IT service utilization

Corporate Website: https://www.thinca.co.jp/

Additional Resources

Official Kaikura website: https://kaiwa.cloud/Knowledge blog: https://kaiwa.cloud/media/Official Note blog: https://note.com/thinca_2014/Twitter/X: https://twitter.com/KaiwaCloud

Contact

PR Manager
Kanae Nishimura
Thinca Co., Ltd.
pr@thinca.co.jp

Photo – https://mma.prnewswire.com/media/2668681/Meeting.jpg 

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinca-co-ltd-149at-reaffirms-strategic-alignment-with-major-shareholder-wojciech-jakub-podobas-302433017.html

SOURCE Thinca Co., Ltd.

Continue Reading

Technology

NEQSOL Holding Launches Peerstack Academy, Partnering with Qwasar to Bring Silicon Valley Tech Education to Azerbaijan

Published

on

By

Peerstack Academy launches in Azerbaijan, offering hands-on, Silicon Valley-style tech training through partnership with U.S.-based Qwasar.

BAKU, Azerbaijan, April 20, 2025 /PRNewswire-PRWeb/ — NEQSOL Holding has officially launched Peerstack Academy, a next-generation software engineering education platform bringing elite, Silicon Valley-caliber IT training to Azerbaijan. The initiative is a collaboration with the Education Development Fund, Technology SNI, and Qwasar Silicon Valley—a U.S.-based leader in advanced tech education.

Peerstack Academy is a long-term investment in the digital future. We are laying the foundation for the next generation of engineers, developers, and innovators.

Peerstack Academy is hosted on the campus of Azerbaijan Technical University in a purpose-built, state-of-the-art facility. Its mission is to equip aspiring professionals with globally competitive skills in full-stack development, combining practical, project-based learning with international academic standards.

At the heart of Peerstack’s approach is the curriculum developed by Qwasar Silicon Valley, a renowned U.S. education provider co-founded by global tech education pioneer Kwame Yamgnane. Qwasar programs are modeled after elite training practices used by top engineering teams in Silicon Valley, emphasizing mastery-based progression, collaborative project work, and real-world problem solving. Technologies covered include Ruby, JavaScript, React, PostgreSQL, and REST APIs. Graduates complete the program with two internationally accredited diplomas and a portfolio of production-ready applications.

“Peerstack Academy is a long-term investment in the digital future,” said Yusif Jabbarov, Chairman of NEQSOL Holding. “By combining local talent with global best practices, we are laying the foundation for a thriving tech ecosystem that empowers the next generation of engineers, developers, and innovators.”

To ensure accessibility, NEQSOL Holding funds up to 70% of tuition costs, removing financial barriers for talented candidates across the country. Students for the inaugural cohort were selected through a nationwide admission process in 2024 and have already begun their studies.

The launch ceremony brought together key figures from across the education and tech sectors, including:

Jamal Rzayev, Director of Peerstack AcademyVilayat Valiyev, Rector of Azerbaijan Technical UniversityImran Ahmadzada, Head of NEQSOL Holding AzerbaijanMeric Tunc, Chief Human Capital Officer, NEQSOL HoldingRasul Hashimov, Head of Project Management, Education Development FundKwame Yamgnane, CEO of Qwasar Silicon Valley

“Investing in innovative, high-quality education is essential for national progress,” said Elnur Nasibov, Chairman of the Board, Education Development Fund. “Peerstack Academy shows how strong partnerships can unlock opportunity, close skills gaps, and prepare a future-ready workforce.”

Speakers emphasized Peerstack as a powerful example of public-private collaboration, merging cutting-edge pedagogy with strategic national development goals. The Academy directly addresses Azerbaijan’s growing demand for skilled IT professionals, and graduates are expected to drive innovation within local industries, including career pathways within NEQSOL Holding’s ecosystem.

For more information or to apply:

Website: peerstack.tech

Facebook: facebook.com/peerstack.tech

Instagram: instagram.com/peerstack.tech

LinkedIn: linkedin.com/company/peerstack-academy

Media Contact

Nazrin Gadimova, NEQSOL Holding, 994 554444931, ngadimova@neqsolholding.com, www.neqsolholding.com

View original content to download multimedia:https://www.prweb.com/releases/neqsol-holding-launches-peerstack-academy-partnering-with-qwasar-to-bring-silicon-valley-tech-education-to-azerbaijan-302432543.html

SOURCE NEQSOL Holding

Continue Reading

Technology

Bedrock Unlocks New Yield Streams on BNB Chain and Berachain After BR Token Launch

Published

on

By

SINGAPORE, April 19, 2025 /PRNewswire/ — After the successful launch of its BR token via Binance Wallet IDO and listings on leading centralized exchanges, Bedrock, part of GoldenBull Enterprise, continues to strengthen its position as a multi-asset liquid restaking protocol. This time by expanding yield-generating opportunities for Bitcoin holders across both BNB Chain and Berachain.

As part of its post-IDO roadmap, Bedrock has deepened its presence on BNB Chain by partnering with top platforms, such as PancakeSwap and Tranchess. Users can tap into BTC-pegged liquidity pools on PancakeSwap or opt for structured vaults on Tranchess that cater to different risk and return preferences. These options offer an accessible and sustainable way to generate yield on BTC-backed assets, supporting Bedrock’s mission to unlock the next era of Bitcoin utility.

In parallel, Bedrock is also expanding into the Berachain ecosystem. With the bridge from BNB Chain to Berachain now live, users can explore high-yield opportunities and engage with one of the most practical use cases for BR beyond staking. These strategies are designed to align with Berachain’s Proof of Liquidity (PoL) framework.

One highlight of this expansion is the approval of Bedrock’s BR/wBERA Reward Vaults on Kodiak, which were greenlit under Berachain’s RFRV Batch 3 program.

“Being part of Berachain’s RFRV program reinforces our commitment to sustainable yield design — not just for Bedrock, but for the broader Bera ecosystem as well,” said Zhuling Chen, Core Contributor at Bedrock.

Additional Berachain opportunities are now live across partner protocols, including Berachain Hub, Infrared, Beraborrow, and Goldilocks DAO, with competitive APRs and growing TVL across vaults.

As Bedrock accelerates its BTCFi expansion, users can expect a steady rollout of new integrations and earning opportunities across supported ecosystems.

For more information, please contact lynn@rockx.com.

About BedrockDAO

Bedrock DAO is the decentralized community at the core of the Bedrock ecosystem. Built on the principles of transparency, collaboration, and long-term alignment, the DAO empowers veBR holders to participate in the collective decision-making process that shapes Bedrock’s future.

By joining Bedrock DAO, participants become part of a global movement redefining Bitcoin‘s role in DeFi through Proof of Staking Liquidity (PoSL) — unlocking new opportunities for sustainable growth and innovation across the multichain ecosystem.

About Bedrock

Bedrock is the first multi-asset liquid restaking protocol, pioneering Bitcoin staking with uniBTC. As the leading BTC liquid staking token, uniBTC enables holders to earn rewards while maintaining liquidity, unlocking new yield opportunities in Bitcoin‘s $1T market. With a cutting-edge approach to BTCFi 2.0, Bedrock is redefining Bitcoin‘s role in DeFi — while integrating ETH and DePIN assets into a unified PoSL framework.

Official Links
Website | App | Documentation | Blog | X (Twitter) | Discord | Telegram

View original content:https://www.prnewswire.com/news-releases/bedrock-unlocks-new-yield-streams-on-bnb-chain-and-berachain-after-br-token-launch-302433010.html

SOURCE Bedrock

Continue Reading

Trending