Jan 6, 2021
Kaspersky Innovation Hub (iHub) and edge cloud provider G-Core Labs have joined forces to search for and support promising gaming projects.
The partnership between the global companies will provide expertise, infrastructure and resources to prospects that have the potential to change the gaming world and ensure a safer tomorrow.
Gaming is one of the rapidly developing industries, especially in the current digital climate. According to reports, it is projected there will be over 3 billion gamers by 2023. The rise in the popularity of gaming is creating opportunities for developers too – more and more projects have appeared in hope of meeting the needs of such a large audience.
Global Gas Permeameter Market 2020 Industry Segmentation, CAGR Status, Leading Trends, Forecast to 2025
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Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow
What happened
Shares of
Core Laboratories (NYSE:CLB) sank today, down by 9% as of 2:30 p.m. EST, after the company announced a secondary offering. Core Laboratories is looking to raise $60 million.
So what
The deal will be conducted as an at-the-market (ATM) offering, with distribution partner banks selling shares into the market at prevailing prices. Like all stock offerings, this one will be dilutive to existing shareholders. The company, which provides services to the oil and gas industry, had approximately 44.5 million shares outstanding at last count.