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Logitech Launches MeetUp 2, the AI-Driven, Sustainably-Designed Next Generation of Bestselling Video Bar for Huddle Rooms

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New bar brings intelligent AV, recycled plastics, and easy deployment to USB-based conference rooms

SINGAPORE, Aug. 13, 2024 /PRNewswire/ — Logitech has announced MeetUp 2, an AI-powered USB conference camera designed for bring-your-own device (BYOD) and PC-based setups in huddle and small meeting rooms. This next-generation camera is the modern evolution of the iconic Logitech MeetUp, the bestselling conference camera in Logitech history that has sold more than one million units.

“Instantly recognisable, MeetUp took video from the boardroom to the huddle space, making video collaboration achievable and affordable for everyone,” said Alistair Johnston, Head of Collaboration at Futuresource Consulting. Now, MeetUp 2 is poised to disrupt the market once again as the need for huddle room tech increases in companies embracing hybrid work models.

With the rise in huddle rooms comes the need for video conferencing tech that fits multiple scenarios, including those who prefer dedicated PC-based deployment or using their laptop in a BYOD setup. And because Logitech has been using AI-enhanced features in conference room devices for years to create experiences that focus on the human and deepen engagement among meeting colleagues (with no manual control needed), MeetUp 2 is now designed with those intelligent features.

“The quality of collaboration is becoming an increasingly critical consideration, given its impact on productivity and efficiency. Logitech MeetUp 2 elevates the discussions held in meeting and huddle rooms by harnessing the capabilities of AI through its RightSight 2 feature, which generates dynamic views that seamlessly integrate remote participants into virtual meetings,” said Sharon Seah, Country B2B Head at Logitech Southeast Asia. “Moreover, IT teams can remotely monitor and update MeetUp2 devices to continually enhance their capabilities.”

Intelligent Meeting Experiences

AI-driven video features of RightSight 2 create equitable experiences for remote participants by using intelligence to automatically focus and frame in-room participants – whether focusing on the active speaker, the group of participants, or each individual participant. For advanced audio clarity, RightSound 2 uses AI-based algorithms that balance voices and filter out unwanted noise, while reducing reverberation in rooms with echoes. MeetUp 2 works with popular video conferencing platforms people use every day such as Microsoft Teams, Zoom, and Google Meet, enabling MeetUp 2 users to enjoy features like Zoom Rooms Smart Gallery, which creates individual feeds of in-room participants; and Microsoft Intelliframe, which automatically places participants in frames to make everyone equally visible.

Designed for Sustainability

Buyers of IT equipment are increasingly responsible for purchasing technology with a lower environmental impact. MeetUp 2 was developed using Design for Sustainability (DfS) principles, a framework that guides product teams toward lower-impact, more circular design solutions.

“We’re helping our enterprise customers better manage their carbon footprint,” said Prakash Arunkundrum, Chief Operating Officer at Logitech. “MeetUp 2 is the latest in our video conferencing portfolio to demonstrate our deep commitment to reducing environmental impact.”

MeetUp 2 replaces virgin plastic parts with post-consumer recycled plastic, lowering its carbon footprint and giving a second life to end-of-use plastic from old consumer electronics. The plastic parts in MeetUp 2 contain 62% recycled plastic, the highest percentage of similar products in the market today. By choosing recycled plastic vs virgin plastic, MeetUp 2’s design saves 15.5 tCO2e saving per 10,000 units*, allowing IT tech buyers to lower their company’s Scope 3 indirect emissions.

To encourage other brands to adopt DfS, Logitech openly shares its knowledge about how to integrate Next Life recycled plastic into their manufacturing process. Meetup 2 is also packaged in paper sourced from FSC™-certified forests and other controlled sources.

Better BYOD Experience

MeetUp 2, designed for up to six people in a small room, offers the flexibility of deploying in USB mode with an in-room computer device or in BYOD mode connected to a laptop.

In BYOD setups, users simply connect their laptops or mobile devices to the MeetUp 2 with the optional Logitech Active USB Cable to run video meetings from their platform of choice, while IT admins can monitor room status, deploy updates, and modify settings over ethernet or WiFi through Logitech Sync. When MeetUp 2 is not in a meeting, the display in the room can be used for digital signage, allowing custom content such as company logos or space usage instructions, through Logitech Sync and AppSpace.

Pricing and Availability

MeetUp 2 joins Logitech’s lineup of conference cameras built for all people in all spaces, ranging from ideation spaces to large conference rooms. The MSRP for MeetUp 2 is SGD 1,500 and is available globally through authorised distributors and on the Logitech website. In-country product availabilities for MeetUp 2 in Southeast Asia are as follows:

Currently available in Singapore, Malaysia, Thailand, and VietnamAvailable in the Philippines and Indonesia starting the first week of September

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com, the company blog or @LogitechBiz.

*Carbon reduction estimate is calculated against a design scenario incorporating no PCR material.

Part weights, PCR content and material type used in the carbon reduction estimate are taken from the calculation of PCR percentage submitted to SCS Global Services for certificationDetailed material information is from our current supplier, or for a similar resin from a second-source supplierMinor additives in the resins are ignored in the carbon reduction estimateCarbon emissions factors used in the reduction estimate are from the GaBi database

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SOURCE Logitech

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TriNetX’s Founding CEO Announces Plans to Step Down

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After 11 Years, Gadi Lachman to Conclude Operating Role, Remain on TriNetX’s Board

CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — TriNetX, the largest global source of real-world data, today announced that Gadi Lachman, the Company’s Founder, President and CEO, will step down from his operating role on March 31, 2025. Gadi founded TriNetX in 2014 and has served as President and CEO in the succeeding 11 years. Gadi will continue to serve on TriNetX’s Board of Directors and will be an Advisor to Carlyle, TriNetX’s majority investor.

“It has been an honor to build TriNetX and be part of such an outstanding team. I want to thank TriNetX’s employees, customers, and shareholders for the support they have shown me. With the talent and passion of our people I am immensely confident in TriNetX’s continued success,” said Lachman. “Together, we have built the largest global platform for clinical research, with data from over 25 countries and tens of millions of queries a month. Our solutions are moving clinical research to a whole different level and saving lives on a massive scale, across all therapeutic areas.”

During the transition period, Jeff Margolis, a current TriNetX Director, will serve as Executive Chairman to ensure continuity in leadership and governance while a CEO search is conducted.

Margolis said, “I have had the distinct privilege of serving on the Board alongside Gadi and partnering with him for 11 years. On behalf of the Board, we thank Gadi for shaping and leading TriNetX to become the world’s top ecosystem of real-world data and real-world evidence serving life sciences and the broader healthcare industry. I look forward to working with him and the rest of the Board over the next months to execute a successful transition of leadership.”

Joe Bress, Partner and Global Co-Head of Healthcare for Carlyle, TriNetX’s lead investor, added, “We have been thrilled to partner with Gadi since our initial investment in TriNetX over four years ago. Thanks to his disciplined leadership, TriNetX is one of the few companies that has sustained profitability even during periods of high growth. Gadi has built the company up to an exciting point, paving the way for a new leader to take the business into its next chapter of growth and success.”

Through this leadership transition, TriNetX remains steadfast in its mission to advance global healthcare through the power of real-world data. The Board, leadership team, and employees are united in their commitment to driving continued innovation and delivering success for customers and partners, all while building on Gadi’s exceptional legacy.

About TriNetX, LLC

TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Michelle Fleming, Chief Marketing Officer
Email: Michelle.Fleming@TriNetX.com

Logo – https://mma.prnewswire.com/media/542641/TriNetX_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/trinetxs-founding-ceo-announces-plans-to-step-down-302347367.html

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Stellus Private Credit BDC Announces $0.36 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.12 in January, February, and March 2025

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HOUSTON, Jan. 9, 2025 /PRNewswire/ — Stellus Private Credit BDC (“the Company”) announced that its Board of Trustees has declared a monthly dividend of $0.12 for each of January, February, and March, totaling $0.36 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.36 per share will be paid to shareholders of record in January, February, and March 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Record Date

Payment Date

Amount per Share

1/9/2025

1/10/2025

1/31/2025

$0.12

1/9/2025

2/3/2025

2/28/2025

$0.12

1/9/2025

3/3/2025

3/31/2025

$0.12

About Stellus Private Credit BDC

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans, second lien loans and unsecured debt financing, with corresponding equity co-investments. The Company’s investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.

Forward-Looking Statements

Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com

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SOURCE Stellus Private Credit BDC

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MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference.

The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m. Eastern Time. A live webcast of the presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/news-events/events. A replay of the webcast will also be available for a limited time.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com

Media Relations
MongoDB PR
press@mongodb.com

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SOURCE MongoDB, Inc.

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