Stockreport
Adesto Completes Acquisition of Echelon
Last adesto technologies corp earnings: 11/7 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations: ir.adestotech.com/investor-overview
PDF
SANTA CLARA, Calif., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Adesto® Technologies (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors and systems for the IoT era, is pleased to announce the successful completion of its previously announced acquisition of Echelon Corporation (NASDAQ: ELON). Echelon® is a pioneer in the development of open-standard networking platforms for connecting, monitoring and controlling devices in commercial and industrial applications. The definitive agreement was initially announced on June 29, 2018, and Echelon shareholders approved the transaction at a Special Meeting of Shareholders held on September 13, 2018. The transaction closed and became effective today, with each share of Echelon being converted into the right to receive $8.50 in cash, without interest. The cash transaction represents a total equity value of approximately $45 million, and a total enterprise value of about $30 million. Echelon’s trailing 12-month revenue
[Read more]
| IMPACT SNAPSHOT | EVENT TIME: | IOTS | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| LAST PRICE | ||
| VWAP | ||
|
High:
|
MAX UP |
High:
|
|
Low:
|
MAX DOWN |
Low:
|
|
%
|
POST NEWS RANGE |
%
|
|
|
PRICE CHANGE |
|
|
|
PRICE CHANGE PERCENTAGE |
|
|
|
S&P 500 (SPX) |
|
|
%
|
VOLUME RATIO |
%
|
| VOLUME (SHARES) | ||
| TICKS | ||
|
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
IOTS alerts
IOTS alerts
from News Quantified
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IOTS alerts
High impacting Adesto Technologies Corp news events
Weekly update
A roundup of the hottest topics
IOTS
NEWS
NEWS
- Adesto Technologies to Announce Fourth Quarter and Fiscal 2018 Financial Results on February 21[GlobeNewswire]
- Adesto Technologies Corp (NASDAQ: IOTS) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "buy" rating. They now have a $5.50 price target on the stock.[MarketBeat]
- Adesto Technologies Corp (NASDAQ: IOTS) was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "hold" rating.[MarketBeat]
- Adesto Technologies Corp (NASDAQ: IOTS) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "buy" rating. They now have a $5.75 price target on the stock.[MarketBeat]
- Adesto Technologies Corp (NASDAQ: IOTS) was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "hold" rating.[MarketBeat]
- More
IOTS
SEC Filings
SEC Filings
- 2/15/19 - Form SC
- 2/14/19 - Form SC
- 2/13/19 - Form SC
- IOTS's page on the SEC website
- More