NVIDIA Corporation (NASDAQ:NVDA) announced that it will provide $250,000 this holiday season to two local non-profits instead of hosting a holiday party, continuing a 10-year company tradition. Under the NVIDIA® program known as Project Inspire, more than 1,000 NVIDIA employees and community volunteers will gather at History Park in San Jose, on Saturday, Dec. 11.
NVIDIA Corporation (NVIDIA) is a provider of visual computing technologies and the inventor of the graphics processing unit (GPU). The Company’s products are designed to generate graphics on workstations, personal computers, game consoles and mobile devices.
Interface, Inc. (NASDAQ:IFSIA) previously reported that its tender offer to purchase any and all of its outstanding 11.375% Senior Secured Notes due 2013 (CUSIP No. 458665AN6) (the "11.375% Notes") and 9.5% Senior Subordinated Notes Due 2014 (CUSIP No. 458665AJ5) (the "9.50% Notes"; and together with the 11.375% Notes, the "Notes") expired.
Interface, Inc. is engaged in the design, production and sales of modular carpet, and a manufacturer, marketer and servicer of other floorcovering products for the commercial, institutional and residential markets.
KIT digital, Inc. (NASDAQ:KITD) a leading global provider of video asset management solutions (VAMS) for multi-screen IP-based delivery, has closed the sale of an additional 1,200,000 shares of common stock at the public offering price of $12.00 per share for gross proceeds to the company of $14.4 million, pursuant to the 30-day over-allotment option exercised in full by the underwriters in connection with KIT digital's underwritten public offering that closed on November 24, 2010.
The full exercise of the over-allotment option brings the total number of shares sold by KIT digital in the public offering to 9,200,000 shares. The company expects to receive an aggregate of approximately $102.5 million in net proceeds from the public offering after deducting underwriting discounts, commissions, legal fees, and certain deal-related expenses payable by the company.
KIT digital plans to use the net proceeds of the offering primarily to acquire and invest in competitive and complementary businesses as part of its growth strategy.KIT digital, Inc. (KIT digital), through its operating subsidiaries, provides enterprise clients an end-to-end technology platform for managing Internet Protocol (IP)-based video assets across the browser, mobile device.
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