Verint Systems Wins Order

Verint Systems Wins Order

Verint Systems said Tuesday it has received an order worth more than $35 million for multiple components of its cyber intelligence portfolio. The contract was awarded by an existing government contractor following a competitive process and includes terms that allow the customer to increase or reduce the scope of the project in the future. The deployment is expected to take approximately two years. The company said the order isn’t expected…

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Robotics Plans to Cut Operating Expenses

Robotics Plans to Cut Operating Expenses

ReWalk Robotics said Monday morning it plans to cut 2017 operating expenses by 30% compared to 2016 by reducing staffing and corporate spending and by completing specific projects focused on quality improvement initiatives. The exoskeleton manufacturer also said it will re-double its efforts on reimbursement policies with insurance providers. In reference to a partnership with Harvard University’s Wyss Institute over next-generation soft-suit exoskeletons, ReWalk also said it set an expedited…

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Financial Stocks Mostly Higher Pre-Market

Financial Stocks Mostly Higher Pre-Market

Financial shares were mainly higher in pre-market trade Friday following the report that the U.S. trade gap climbed to $45.2 billion from a revised $42.4 billion in October, and versus the forecast of $45.9 billion deficit. In financial stocks news, The Carlyle Group (CG) is exploring a sale of nutritional-supplements maker Nature’s Bounty, Bloomberg reported, citing unnamed people familiar with the matter. Carlyle has held talks with potential advisers about…

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Johnson & Johnson Strikes Agreements

Johnson & Johnson Strikes Agreements

Johnson & Johnson’s Innovation LLC arm said Thursday it has reached agreements for 15 new collaborations across 3D printing, the microbiome and immunotherapy. “These collaborations, which are focused on developing novel healthcare solutions in areas of high unmet need such as depression, cancer and diabetes, bring the total number of strategic transactions to more than 300 since the establishment of Johnson & Johnson Innovation,” the company said. Without providing financial…

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ClearOne Gets US Patent for Video Conferencing Technology

ClearOne Gets US Patent for Video Conferencing Technology

ClearOne, a developer of conferencing, collaboration and streaming technologies, said Wednesday that it has been awarded a patent in the U.S. for its video conferencing technology. The U.S. Patent and Trademark Office issued patent number 9,525,846 entitled “Method and apparatus for negotiating video camera and display capabilities in a video conferencing environment,” which describes techniques to make video conferencing easier to use. Shares were 1.3% higher in recent morning trade.

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