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Gentoo Media Inc. – distribution of Platform completed

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ST JULIANS, Malta, Sept. 30, 2024 /PRNewswire/ — It’s with great pleasure Gentoo Media announces that the restructuring process of dividing Gentoo Media Inc.’s (formerly Gaming Innovation Group Inc.) media and platform division into two independently listed companies, has been finalised as of 30 September 2024. 

Following a final approval of the Board of Directors of Gentoo Media, all necessary legal steps have been completed, and the assets and subsidiaries of the platform business have been extracted from Gentoo Media Inc. and distributed to the shareholders. The platform business will continue as an independent B2B company under the name GiG Software PLC, providing its proprietary platform and sportsbook technology across the global iGaming sector. 

Gentoo Media continues as an independent public company and a pure media business, continuing the business’s journey as a market-leading affiliate in the iGaming industry. 

In addition, Gentoo Media also announces it has entered into a EUR 25 million Revolving Facility Agreement with Citibank Europe plc., securing financial flexibility and operational excellence in its daily operations. Gentoo is very pleased to have Citi as its official main bank and looks forward to working closely with them.

Mikael Harstad, Chairman of the Board in Gentoo Media, expressed his satisfaction with the completion of the split, stating: “This marks a new chapter in the ongoing evolution of our media affiliate business. Gentoo Media is now well-positioned to continue its remarkable growth journey as an independent and vertical focused company within iGaming.”

Jonas Warrer, CEO of Gentoo Media, stated: “We are thrilled by the opportunities this split presents, allowing us to strengthen our market leadership while enhancing shareholder value.”

The distribution of the platform business to the shareholders is in the form of depository receipts in GiG Software PLC, i.e. Norwegian Depository Receipts (NDRs) to investors holding shares in Euronext Securities Oslo (VPS), and Swedish Depository Receipts (SDRs) to investors holding shares in Euroclear Sweden. 

GiG Software PLC’s SDRs will be listed on Nasdaq First North Premier Growth Market with the first day of trading 1 October 2024. Neither the SDRs nor the NDRs will be listed on any stock exchange in Norway, however, holders of NDRs will have the possibility to convert the NDRs to SDRs by contacting their banks or brokers. In addition, GiG Software PLC aims to list the NDRs on the Euronext NOTC market.

GiG Software PLC has been funded with a starting cash balance sufficient to secure its operations and in addition, Gentoo Media Inc. has used part of the proceeds from the share issue in June 2024 to repay the EUR 5.9 million bank loans held by Sportnco prior to the spin-off.

The media division will operate as an independently listed company under the name Gentoo Media Inc. and continues its dual listing on the Oslo Stock Exchange, Norway, with the ticker symbol G2MNO, and on Nasdaq Stockholm, Sweden, with the ticker symbol G2M.

For further information, please contact:
Mikael Riese Harstad, Chairman of the Board, mikael.harstad@g2m.com, +44 7984183850
Jonas Warrer, CEO of Gentoo Media, jonas.warrer@g2m.com, +45 30788450

About Gentoo Media
Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group into two independently listed companies. Gentoo Media Inc. is dual-listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com 
 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gaming-innovation-group/r/gentoo-media-inc—-distribution-of-platform-completed,c4045027

View original content:https://www.prnewswire.com/news-releases/gentoo-media-inc–distribution-of-platform-completed-302263243.html

SOURCE Gaming Innovation Group

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Infraeo and Semtech to Showcase 1.6T Active Copper Cable at OFC 2025

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Infraeo, a leader in high-performance interconnect solutions, and Semtech, a high-performance semiconductor, Internet of Things (IoT) systems, and cloud connectivity service provider, are excited to showcase their collaboration on 1.6T OSFP Active Copper Cables (ACC) at OFC 2025.

SAN FRANCISCO, April 5, 2025 /PRNewswire-PRWeb/ — Infraeo, a leader in high-performance interconnect solutions, and Semtech, a high-performance semiconductor, Internet of Things (IoT) systems, and cloud connectivity service provider, are excited to showcase their collaboration on 1.6T OSFP Active Copper Cables (ACC) at OFC 2025. This groundbreaking product, featuring Semtech’s CopperEdge™ Linear Equalizer/Redriver technology, will be highlighted at Infraeo’s booth #3146, demonstrating the synergy between Infraeo’s cable technology and Semtech’s advanced chips, as well as Infraeo’s leadership in next-gen interconnects.

“This collaboration with Semtech reinforces Infraeo’s position at the forefront of 1.6T interconnect innovation,” said Rakesh Sambaraju, EVP at Infraeo.

As Artificial Intelligence (AI) investments surge into billions, the industry rapidly shifts toward 1.6T interconnects. Infraeo’s 1.6T OSFP ACC, powered by Semtech’s quad-channel 224G PAM4 equalizer, delivers exceptional performance with simple configuration, ultra-low latency (<100ps), and minimal power consumption—distinctly outperforming competitive Active Electrical Cables (AEC).

Key Benefits of Infraeo’s 1.6T ACC with Semtech’s CopperEdge Technology:

Ultra-Low Latency: Optimized for high-speed data transmission with latency under 100ps, ensuring reliable connectivity for demanding AI/ML workloads.Ultra-Low Power Consumption: Efficient operation, offering up to 5x lower power against competing DSP-based solutions, significantly reducing energy costs.Cost Optimized: Designed to be a cost-effective solution for next-generation AI clusters, providing superior performance without the high costs associated with alternative technologies.Ease of Configuration and Control: Compliant with auto-negotiation and link training, significantly reducing setup complexity and making it straightforward to configure and control.Extended Reach of DAC: Simple, programmable AC gain for extended reach, ideal for AI/ML hyperscale data centers requiring robust and scalable interconnect solutions.

By integrating Semtech’s CopperEdge technology, the 1.6T OSFP ACC is an ideal solution for next-generation AI clusters. Infraeo’s ACC technology is designed to deliver ultra-low latency performance, robust signal integrity, and simple programmability, ensuring reliable, high-speed connectivity for the most demanding data center environments.

“This collaboration with Semtech reinforces Infraeo’s position at the forefront of 1.6T interconnect innovation,” said Rakesh Sambaraju, EVP at Infraeo. “As the industry accelerates toward next-generation networking, we are committed to leading the way with high-performance, scalable solutions that meet the demands of AI clusters.”

“Our collaboration with Infraeo demonstrates how Semtech’s CopperEdge technology is transforming high-speed interconnect solutions through superior signal integrity, while significantly reducing complexity and operational costs,” said Brian Bentham, Data Center Market Manager at Semtech. “By combining our advanced semiconductor technology with Infraeo’s innovative cable designs, we are delivering exceptional performance and scalability for 1.6T interconnects that meet the growing demands of modern data centers.”

Infraeo and Semtech invite attendees to visit Infraeo’s booth #3146 and Semtech’s booth #1028 at OFC 2025 to experience the 1.6T ACC and other live demos firsthand.

About Infraeo

Infraeo is a global leader in next-generation high-speed optical and copper interconnect solutions for AI clusters. With industry-first innovations such as bare-die-based AECs, sub-5W multimode LPOs, and 1.6T active copper cables, Infraeo is driving the transition to scalable, energy-efficient connectivity. Backed by a global supply chain and a production capacity exceeding 200,000 units per month, Infraeo delivers custom-engineered solutions with faster lead times and superior performance. Trusted by hyperscalers and OEMs alike, Infraeo is redefining the standards for low-latency, low-power networking at scale.

About Semtech

Semtech Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems, and cloud connectivity service provider 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 Semtech.com or follow us on LinkedIn or X.

Semtech, the Semtech logo, and CopperEdge are registered trademarks or service marks of Semtech Corporation or its subsidiaries.

For more details, visit www.infraeo.com or contact blin@infraeo.com.

Media Contact

Bei Lin, Infraeo Inc., 1 5128158036, blin@infraeo.com, www.infraeo.com 

LinkedIn 

View original content:https://www.prweb.com/releases/infraeo-and-semtech-to-showcase-1-6t-active-copper-cable-at-ofc-2025–302420539.html

SOURCE Infraeo Inc.

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Llama 4 Live Day-Zero on Groq at Lowest Cost

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MOUNTAIN VIEW, Calif., April 5, 2025 /PRNewswire/ — Groq, the pioneer in AI inference, has launched Meta’s Llama 4 Scout and Maverick models, now live on GroqCloud™. Developers and enterprises get day-zero access to the most advanced open-source AI models available.

Meta’s Llama 4 Scout and Maverick models are live today on GroqCloud, giving developers and enterprises day-zero access.

That speed is possible because Groq controls the full stack—from our custom-built LPU to our vertically integrated cloud. The result: models go live with no delay, no tuning, and no bottlenecks—and run at the lowest cost per token in the industry, with full performance.

“We built Groq to drive the cost of compute to zero,” said Jonathan Ross, CEO and Founder of Groq. “Our chips are designed for inference, which means developers can run models like Llama 4 faster, cheaper, and without compromise.”

Lowest Cost Per Token — Without Compromise

With Llama 4 models live, developers can run cutting-edge multimodal workloads while keeping costs low and latency predictable.

Llama 4 Scout: $0.11 / M input tokens and $0.34 / M output tokens, at a blended rate of $0.13Llama 4 Maverick: $0.50 / M input tokens and $0.77 / M output tokens, at a blended rate of $0.53

See Groq pricing here.

About the Models

Llama 4 is Meta’s latest open-source model family, featuring Mixture of Experts (MoE) architecture and native multimodality.

Llama 4 Scout (17Bx16E): A strong general-purpose model, ideal for summarization, reasoning, and code. Runs at over 460 tokens per second on Groq.Llama 4 Maverick (17Bx128E): A larger, more capable model optimized for multilingual and multimodal tasks—great for assistants, chat, and creative applications.

Build Fast with Llama 4 on GroqCloud

Llama 4 Scout and Maverick are accessible through:

GroqChatGroqCloud Developer ConsoleGroq API (model IDs available in-console)

Start building today at console.groq.com.

Free access is available, or upgrade for worry-free rate limits and higher throughput.

About Groq
Groq is the AI inference platform delivering low cost, high performance without compromise. Its custom LPU and cloud infrastructure run today’s most powerful open-source models instantly and reliably.

Over 1 million developers use Groq to build fast and scale with confidence.

Groq Media Contact: pr-media@groq.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/llama-4-live-day-zero-on-groq-at-lowest-cost-302421438.html

SOURCE Groq

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ClearBridge Expands VMware Practice Through Enhanced Broadcom Partnership and Addition of Expert VMware Talent

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ClearBridge is proud to announce the expansion of its VMware by Broadcom practice through an enhanced partnership with Broadcom and the addition of more than 50 full-time VMware consultants, architects, project and practice managers, bringing the practice to over 100 resources. This growth further solidifies ClearBridge’s position as the #1 VMware by Broadcom delivery partner.

BILLERICA, Mass., April 5, 2025 /PRNewswire-PRWeb/ — ClearBridge is proud to announce the expansion of its VMware by Broadcom practice through an enhanced partnership with Broadcom and the addition of more than 50 full-time VMware consultants, architects, project and practice managers, bringing the practice to over 100 resources. This growth further solidifies ClearBridge’s position as the #1 VMware by Broadcom delivery partner.

“As a trusted Broadcom partner, we remain focused on delivering exceptional VMware services that drive lasting value for our clients. Bringing in top-tier VMware talent further strengthens our ability to provide scalable IT solutions and accelerate VCF adoption across our customer base.”

The expanded team significantly boosts ClearBridge’s capacity to deliver industry-leading virtualization and cloud solutions, while reinforcing its long-standing commitment to technical excellence and customer success. These seasoned professionals bring deep expertise and a proven track record of supporting complex enterprise VMware environments.

“As a trusted Broadcom partner, we remain focused on delivering exceptional VMware services that drive lasting value for our clients,” said Tim Powell, CEO & Co-Founder of ClearBridge. “Bringing in top-tier VMware talent further strengthens our ability to provide scalable IT solutions and accelerate VCF adoption across our customer base.”

With this strategic growth, ClearBridge is uniquely positioned to support organizations leveraging VMware by Broadcom technologies—offering unmatched expertise and end-to-end support to help businesses navigate today’s dynamic IT landscape.

ClearBridge Technology Group is a national provider of technology consulting and staffing services. We help customers meet challenges with a comprehensive set of technology service offerings that include professional services support, custom project teams, program and project management, and business analysis and strategy. For more information, visit www.ClearBridgetech.com.

For more information about ClearBridge, please contact:

Dianne Shvandadshvanda@clearbridgetech.com

For more information about ClearBridge’s VMware practice, please contact:

Jesse Dohertyjdoherty@clearbridgetech.com

Media Contact

dianne shvanda, ClearBridge, 1 6033181330, dshvanda@clearbridgetech.com, ClearBridge

View original content to download multimedia:https://www.prweb.com/releases/clearbridge-expands-vmware-practice-through-enhanced-broadcom-partnership-and-addition-of-expert-vmware-talent-302420976.html

SOURCE ClearBridge

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