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Digital Federal Credit Union and First Tech Federal Credit Union Announce Intent to Merge

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Combined entity will provide members an unrivaled digital experience, a coast-to-coast branch network with expanded member service hours, and access to premier financial products and advisors.

MARLBOROUGH, Mass. and SAN JOSE, Calif., Sept. 30, 2024 /PRNewswire/ — Digital Federal Credit Union (DCU) and First Tech Federal Credit Union (First Tech) announce their intent to combine through a merger of equals for the benefit of members, employees, and communities. Following completion of the merger, which is subject to approval from the National Credit Union Administration (NCUA) and First Tech’s membership, the new entity will emerge as a $28.7 billion credit union serving nearly two million members with more than 50 branches in eight states. The proposed combination, which is expected to be completed in 2025, has the unanimous approval of both the DCU and the First Tech Board of Directors and their respective leadership teams.

Members will experience no immediate changes as the two organizations will operate independently as DCU and First Tech until systems and processes are integrated and operational. Upon completion of the integration, the combined organization will operate under DCU’s charter and the First Tech Federal Credit Union name. In recognition of the strong and proud histories of both DCU and First Tech, employees and members of both organizations will work together to develop a brand experience that honors both entities’ roots with a future-forward vision. First Tech President and CEO Greg Mitchell will remain with First Tech through the integration. DCU President and CEO Shruti Miyashiro will become President and CEO of the newly combined credit union. 

“Our credit unions have a shared origin—each created to serve the financial needs of technology employees, their families and digitally savvy members across the country,” said Shruti Miyashiro, President and CEO of Digital Federal Credit Union. “The transformative power of this merger of equals will unlock enormous potential to deliver value and opportunity for the people who matter most—our members, our employees and the communities we serve.”

“Uniting the capabilities of the nation’s two leading technology-forward credit unions will allow us to innovate and push the boundaries to deliver more elevated experiences by making material investments in products and services to meet the needs of our growing membership,” said Greg Mitchell, President and CEO of First Tech Federal Credit Union. “With shared principles of people helping people, the new organization will also become the single-largest national philanthropic leader in the industry, donating more than $4 million annually to positively impact our local communities.”

More information about the intent to combine into one organization may be found at DCU.org and Firsttechfed.com.

ABOUT DIGITAL FEDERAL CREDIT UNION

DCU is a $12 billion financial cooperative headquartered in Marlborough, Massachusetts. Established in 1979 as the credit union for the employees of Digital Equipment Corporation (DEC) and their families, today DCU serves over 1.1 million members across all 50 states and Puerto Rico. DCU has a proud legacy of serving many members who are newer to banking, including young-adults, historically underserved, or new arrivals to the U.S. banking system. DCU’s member-centric mission and commitment to digital innovation informs how products, solutions and services are created to provide a remarkable experience to support members’ financial goals. With 23 branch locations and 35 ATMs across Massachusetts and New Hampshire, members have additional access to DCU’s award-winning digital banking platform and mobile app as well as more than 5,600 branches in a shared CO-OP network, plus over 30,000 surcharge-free ATMs nationwide. Federally insured by NCUA. Equal Housing Lender. For additional information, visit dcu.org. 

ABOUT FIRST TECH FEDERAL CREDIT UNION 

First Tech Federal Credit Union is a nearly $17 billion institution headquartered in San Jose, California. The nation’s premier credit union serves the world’s leading technology-oriented companies and their employees, including HP Inc., Hewlett Packard Enterprise, Microsoft, Agilent, Intel, Cisco, Amazon, Nike, Intuit, Google, and more. First Tech is recognized as the industry catalyst for delivering effortless banking experiences to more than 660,000 members through its 34 branch locations, more than 5,600 CO-OP Shared Branch locations, 30,000 CO-OP Network ATMs, and online platforms. First Tech offers a full range of financial services, including traditional banking, online banking, mortgages, financial planning, various consumer loans, and insurance services. Federally insured by NCUA. Equal Housing Lender. For more information, visit www.firsttechfed.com

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SOURCE Digital Federal Credit Union/First Tech Federal Credit Union

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Claro Enterprise Solutions Expands Technology Service Offerings to Accelerate Mergers and Acquisitions Integrations

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New cloud migration, cyber security, and managed service solutions for growing organizations to streamline technology integration, enhance security, and improve operational efficiency.

MIRAMAR, Fla., Nov. 21, 2024 /PRNewswire/ — Claro Enterprise Solutions, a single-source technology solutions provider for growing organizations, announced expanded services to support merger and acquisition activity on buy-side and sell-side, as companies seek cost efficiencies and technology modernization. The expanded consulting, implementation and managed service offerings make it more expeditious for investors and acquired companies to merge technology infrastructure while improving cyber and physical security, productivity and performance.

Claro Enterprise Solutions expands services to streamline M&A integrations, enhancing security/operational efficiency.

“Claro Enterprise Solutions was the optimal decision as our customer sought to stand up managed IT services for a multi-national organization. Claro Enterprise Solutions had all the technology solutions they needed, plus an impressive flexibility and mindset that ensured the integration of the acquired entity was completed successfully. They deployed Cloud Migration Services and a Managed CyberSOC for incident response, while understanding the client’s complex infrastructure. The client was pleased with the overall outcome and would use them for further acquisitions, as well as overall solutions and services,” said Alex D’Angelo, Vice President at Ten Oaks Group.

After announcing a major expansion of its cyber-physical product-specific offerings in early 2024, Claro Enterprise Solutions is now rolling out additional standard and custom service offerings. While these are not limited to Mergers and Acquisitions use cases, as they support any company seeking ways to simplify and unify cyber security, cloud, IoT, and connectivity technology infrastructure, they have already seen an uptake from the investor community.

Services include:

Cloud Data Security

The Solution for Collaboration Security Management for Microsoft 365™ combines powerful tools with expert managed services to safeguard the organization’s sensitive information while adhering to industry standard regulations.

Through an initial assessment, Claro Enterprise Solutions will create a customized remediation plan to address data exposure and risks, assuring compliance with the strictest regulations. Through managed services, Claro Enterprise Solutions monitors how the information is being shared, reducing the risk of oversharing and exposure of sensitive information.

Claro Enterprise Solutions’ services cover the entire Microsoft 365™ journey, from migration to backup, policy enforcement, and risk reduction. Solution for Collaboration Security follows the NIST 2.0 standard, ensuring a comprehensive approach to data security needs.

Whether during the due diligence period or after the independent entity is established, they identify and govern what cloud-hosted data is shared with whom, flag any compliance-related activities, and enforce policies. In one customer assessment, over 30,000 abandoned links were discovered and promptly remediated, and over 100 hours were saved in manual IT configuration and reporting.

Cloud Data Migration

Claro Enterprise Solutions’ Cloud Migration Services professional and managed services move newly acquired and existing (Microsoft 365)™ end users onto shared cloud infrastructures, safely and securely. Customers also use migrations to deploy multi-Cloud strategies to reduce impact should a single Cloud provider experience an outage, or to meet local data storage compliance requirements.

To address key security challenges in mergers and acquisitions (M&A), Claro Enterprise Solutions introduces its “Microsoft 365™ Readiness Suite“. This comprehensive solution streamlines Microsoft 365™ integration with three core components: Cloud Migration Services, Cloud Backup, and Collaboration Security Management Data Risk Assessment. Each offering includes implementation support, providing M&A companies with a turnkey solution to identify risks, enhance security, and optimize their Microsoft 365™ investment during organizational transitions. The Microsoft 365™ Readiness Suite empowers businesses to navigate complex IT integrations efficiently, ensuring protected information sharing and safeguarding critical data throughout the M&A process.

Cyber Threat Detection & Response

As incidents impacting worldwide operations have shown, the complexity of today’s technology ecosystem can inadvertently affect companies at any time. As part of Claro Enterprise Solutions’ expanded technology services, it offers a robust suite of cyber threat detection and response capabilities designed to enhance security during critical Mergers and Acquisitions integrations. Claro Enterprise Solutions’ Managed Detection and Response (MDR) and CyberSOC solutions provide continuous monitoring, advanced threat detection, and rapid incident response, ensuring that any security threats are identified and mitigated promptly.

Claro Enterprise Solutions’ MDR service leverages sophisticated tools and expert analysts to detect and respond to threats in real-time, minimizing the potential impact of cyber incidents. Claro Enterprise Solutions’ CyberSOC, a managed security operations center, adds another layer of protection by offering 24/7 monitoring and incident management, allowing companies to maintain an agile and resilient security posture even during the most complex mergers.

Additionally, Claro Enterprise Solutions’ Penetration Testing and Vulnerability Management services are crucial for identifying and addressing potential weaknesses in both legacy and newly integrated systems. Penetration testing simulates cyber attacks to expose vulnerabilities that could be exploited by attackers, while the vulnerability management solutions continuously scan and assess the environment to ensure that any potential security gaps are identified and remediated before they can be exploited.

Together, these solutions provide a comprehensive approach to cyber threat detection and response, empowering companies to navigate the complexities of Mergers and Acquisitions with confidence, knowing that their infrastructure is secured against evolving threats.

About Claro Enterprise Solutions
Claro Enterprise Solutions is a single-source IT solutions provider backed by global Latin American service provider América Móvil (NYSE: AMX). Claro Enterprise Solutions’ cyber-physical approach to integrated solutions helps growing organizations strengthen security, increase productivity, and optimize performance. Our experts independently identify, implement, and manage technical solutions leveraging innovations in AI, Cloud, IoT and security. Claro Enterprise Solutions has earned a Great Place To Work® Certification™ and is headquartered outside Miami in Miramar, Florida. Find us online at usclaro.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/claro-enterprise-solutions-expands-technology-service-offerings-to-accelerate-mergers-and-acquisitions-integrations-302313641.html

SOURCE Claro Enterprise Solutions

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Beacon Education Celebrates First Program to Pass 1,000 Graduates

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BEIJING, Nov. 21, 2024 /PRNewswire/ — Beacon Education is proud to celebrate an exciting and important milestone with its partner Northern Arizona University, as its Master of Computer Information Technology (MCIT) program graduates its 1000th student this month. 

In just four years, NAU’s innovative personalized learning model has helped the MCIT program become one of China’s most successful online degrees, delivering important skills to working professionals across a variety of different industries. 

As one of Beacon’s first partners, NAU has worked closely with teams across the company to design and implement an elite experience for working professional learners across China, ensuring that the program is delivered to NAU’s s world-class standards and that all students become an authentic part of the NAU community. 

Carmin Chan, Vice Provost of NAU Online, notes “NAU has a long history of welcoming and educating students from across the world. The partnership between NAU Online and Beacon Education is a great example of how NAU offers career-ready degrees that provide economic mobility and increased opportunity for our students in Arizona and around the globe.”

With a broad array of companies, channels, and partners investing in the MCIT program, they increasingly ask for an expansion of the degree portfolio from NAU. As an innovative first-mover, NAU is helping educate the market about what is possible through online degree-based education, driving rapidly-increasing demand for degree programs from universities in the US and around the world.

“We are so proud of what we have built with NAU and thrilled to continue expanding with new degrees, new markets, and new corporate partners. NAU has grabbed an opportunity to deliver innovative programs to untapped student pools and both Beacon and NAU are seeing the work to design and deliver outstanding programs pay off. The graduates in China are proud to be NAU alumni and the MCIT program continues to grow as word of the program spreads,” explains CEO Michael Wang.

With a breadth of degrees from a growing range of university partners experiencing similar enrollment and revenue expansion, Beacon looks forward to reaching new, ambitious milestones in coming years with NAU and other universities as they pursue this untapped opportunity in degree-based upskilling Chinese working professionals.

Media Contact: Charles Iannuzzi, charles.iannuzzi@beaconedu.com

View original content:https://www.prnewswire.com/news-releases/beacon-education-celebrates-first-program-to-pass-1-000-graduates-302313647.html

SOURCE Beacon Education

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YT Saver All-in-1 Program: Download & Convert HD Videos without Lossless

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NEW YORK, Nov. 21, 2024 /PRNewswire/ — Many people still face situations where reliable or high-speed internet access isn’t available (e.g., on the go, traveling, or in areas with poor connectivity). A good video downloader enables users to save content for offline viewing without worrying about buffering or connection interruptions. YT Saver is a powerful video downloading and converting program that can download HD videos from over 10,000 websites and convert them to MP4, MOV, MP3, and more.

Download 1080P/4K/8K Video

YT Saver is specifically designed to help you download high quality videos from any website effortlessly. With support for over 10,000 websites, including popular platforms like YouTube, X(formerly Twitter), Vimeo, Instagram, OnlyFans, and Facebook, you can easily grab any type of video or audio content you come across. This professional tool can save high quality videos with resolutions up to 720P, 1080P, 2K, 4K, and even 8K.

Besides, YT Saver has the following advantages:

It allows you to browse for the video and audio sharing sites easily with a built-in web browserIt can download complete playlists and channels.It has a built in Private Mode. You can protect some videos and audios from prying eyes.10X faster download speed to download various video files.

Convert Video to MP4, MP3, and More

YT Saver also serves as a professional video converter that supports MP4, MKV, MOV, MP3, AAC, WAV, FLAC, OGG and other formats. YT Saver makes it effortless to convert both video and audio files, enabling users to quickly convert MP4 to MP3, MOV to MP4, etc. With support for over 200 output formats , it offers exceptional versatility. Additionally, you can select your preferred device, and the software will automatically convert the file to the ideal format for smooth playback.

Availability and Pricing

YT Saver Video Downloader is available for Windows and Mac and provides a free trial for 3 video downloads. It comes with four flexible purchase plans:

$9.95 for 1-Month Plan$25.95 for 1-Year Plan$39.95 for Lifetime Plan$59.95 for Family Plan

Currently, YT Saver offers a 20% off code: SALEY20 for the 1-Year, Lifetime, and Family plans.

In addition, YT Saver also offers an android version so that users can download their favorite videos directly on their Android phones.

Check out the details – https://ytsaver.net/purchase/ytsaver/

About YT Saver Software

YT Saver is a rapidly growing brand in the multimedia industry that dedicates to developing desktop programs to back up 4K videos, and music from over 10,000 websites in one click. Due to the low price and powerful download function, YT Saver has quickly accumulated a fan base.

To get more info about the company, please visit the official web page: https://ytsaver.net/

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yt-saver-all-in-1-program-download–convert-hd-videos-without-lossless-302313519.html

SOURCE YT Saver Studio

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