iPayment Holdings, Inc. and iPayment, Inc. Announce Supplement No. 3 to Exchange Offer and Tender Offer and Extension of Expiration Time

WESTLAKE VILLAGE, Calif., March 22, 2017 /PRNewswire/ -- As previously announced, iPayment, Inc. (the "Company"), a trusted provider of payment and processing solutions for small and medium-sized businesses (SMBs), and its parent, iPayment Holdings, Inc. ("Holdings" and, together with the Company, "iPayment"), have launched an exchange offer in connection with a comprehensive refinancing of iPayment and have launched a related tender offer. The exchange offer and the tender offer will both expire at 5:00 p.m., New York City time, on March 29, 2017, unless extended or earlier terminated.

In connection with the exchange offer for the Company's 9.50% Senior Secured Notes due 2019, iPayment today issued Supplement No. 3 to the Offer to Exchange, which sets out additional information that may be of interest to holders considering participation in the exchange offer. The purpose of the Supplement No. 3 to the Offer to Exchange and Consent Statement is to extend the Expiration Time until 5:00 p.m., New York City time, on March 29, 2017, unless further extended or earlier terminated.

In connection with the tender offer for Holdings common stock, iPayment today issued Supplement No. 3 to the Offer to Purchase, which sets out additional information that may be of interest to holders considering participation in the tender offer. The purpose of Supplement No. 3 to the Offer to Purchase is to extend the Expiration Date until 5:00 p.m., New York City time, on March 29, 2017, unless further extended or earlier terminated.

A copy of the Offer to Exchange, Supplement No. 1 to the Offer to Exchange, Supplement No. 2 to the Offer to Exchange, Supplement No. 3 to the Offer to Exchange, the Offer to Purchase, Supplement No. 1 to the Offer to Purchase, Supplement No. 2 to the Offer to Purchase, Supplement No. 3 to the Offer to Purchase, and other documents relating to this exchange offer and tender offer may be obtained from MacKenzie Partners, Inc., the Information Agent for this exchange offer and tender offer. MacKenzie's telephone number is (800) 322-2885 or (212) 929-5500. Contact the Information Agent with any questions on the exchange offer or tender offer.

The securities to be issued in the refinancing will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the U.S. absent registration or an applicable exemption from such registration requirements. This notice does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.

MacKenzie Partners, Inc. serves as Information and Exchange Agent for the exchange offer. Requests for copies of the exchange offer documents can be made to MacKenzie Partners at (800) 322-2885 or (212) 929-5500 or via email at proxy@mackenziepartners.com.

Forward-Looking Statements

Information in this press release may contain "forward-looking statements" about the Company and Holdings. These forward-looking statements are subject to risks, uncertainties and assumptions, many of which are beyond our control, and are not guarantees of future results, performance or achievements, and actual results, performance or achievements could differ materially from our current expectations as a result of numerous factors, including but not limited to the following:  the effect of pending and threatened litigation; acquisitions; liability for merchant chargebacks; restrictive covenants governing our indebtedness; migration of merchant portfolios to new bank sponsors; our reliance on card payment processors and on independent sales organizations; changes in interchange fees; risks associated with the unauthorized disclosure of data; imposition of taxes on Internet transactions; actions by our competitors; and risks related to the integration of companies and merchant portfolios that we have acquired or may acquire. We undertake no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

About iPayment

iPayment is a trusted provider of payment processing solutions in the U.S. With over 18 years of experience and more than 140,000 SMB customers, the company is consistently recognized for its depth of payments experience, breadth of product offerings, and commitment to transparency and SMB support. From new product innovation to customer service satisfaction, iPayment is an organization focused on small business enablement and delivering relevant and impactful services and solutions that help partners and SMB customers grow their individual businesses. For more information on iPayment, please visit http://www.ipaymentinc.com

 

SOURCE iPayment, Inc.

Valero Energy Partners to Announce First Quarter 2017 Earnings Results on April 28, 2017

SAN ANTONIO, March 22, 2017 (GLOBE NEWSWIRE) — Valero Energy Partners LP (NYSE:VLP) today announced that it will host a conference call on April 28, 2017 at 10:00 a.m. ET to discuss first quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. 
Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at www.valeroenergypartners.com.
                      
About Valero Energy Partners LP
Valero Energy Partners LP is a fee-based master limited partnership formed by Valero Energy Corporation to own, operate, develop and acquire crude oil and refined products pipelines, terminals, and other transportation and logistics assets. With headquarters in San Antonio, the Partnership’s assets include crude oil and refined petroleum products pipeline and terminal systems in the Gulf Coast and Mid-Continent regions of the United States that are integral to the operations of 10 of Valero’s refineries. Please visit www.valeroenergypartners.com for more information.
Contacts
Investors:
John Locke, Vice President – Investor Relations, 210-345-3077
Tom Mahrer, Manager – Investor Relations, 210-345-1953
Media:
Lillian Riojas, Director – Media and Communications, 210-345-5002

VAST Networks selects Cape to Monitor Wi-Fi Performance

JOHANNESBURG and SAN FRANCISCO, March 22, 2017 /PRNewswire/ — VAST Networks, South Africa’s first open access and leading Wi-Fi provider has partnered with Cape, the Wi-Fi monitoring company to deliver superior Wi-Fi performance to locations across South Africa.

Cape’s Sensors and Dashboard will assist VAST Networks in proactively monitoring Wi-Fi performance from the end-user’s perspective. VAST Networks will install Cape’s Sensors at hundreds of locations throughout South Africa, including airports, shopping malls, hotels, hospitals, restaurants and offices. 

„Cape’s Sensors and Dashboard show us exactly how end-users are experiencing our network,” says Khetan Gajjar, VAST Networks CTO. „Providing high-quality Wi-Fi to our venues, service provider partners, and end-users is our top priority and we want to ensure that they consistently receive unparalleled speeds and services.” 

Gajjar added, „Cape has already helped us to identify and troubleshoot issues with our Wi-Fi performance and captive portals, increase efficiencies by reducing site visits, and hold our vendors to a higher standard.”

By building a sleek and simple Wi-Fi monitoring product that is easy to use, Cape is empowering anyone to monitor and improve their networks. „We see VAST Networks as the leading Wi-Fi provider in South Africa and are proud to strengthen our relationship with them,” said Cape co-founder and CEO David Wilson.

„Building the partnership with Cape is important to us,” said Grant Marais, CEO of VAST Networks. „Being able to monitor and improve our offering is crucial as it enhances an already world-class experience.”

About VAST Networks
VAST Networks is Africa’s first open access network provider, delivering quality high-speed and secure Wi-Fi coverage. VAST Networks manages, deploys and constantly develops the largest Wi-Fi network in premium locations across South Africa. This platform enables users to experience high-throughput, seamless, cost effective Wi-Fi for a truly on-the-go experience in public spaces. Formed in 2015, VAST Networks brought together the Wi-Fi assets of two key market players (MWeb and Internet Solutions).

http://www.vast.network 
@VastWiFi

About Cape
Cape is a venture-backed SaaS and hardware company based in San Francisco and Cape Town on a mission to make the Internet better. Our beautiful, easy to use Wi-Fi monitoring product is helping experts and non-experts alike to monitor and improve their networks. We’re founded by telecoms and software veterans, backed by great Silicon Valley investors, and we’re on the lookout for excellent people to join us on our mission: engineers, designers, marketers and salespeople. If you’re as passionate about improving the Internet as we are, we’d love to hear from you.

http://www.capenetworks.com 
@CapeNetworks

 

SOURCE Cape

VAST Networks selects Cape to Monitor Wi-Fi Performance

JOHANNESBURG and SAN FRANCISCO, March 22, 2017 /PRNewswire/ -- VAST Networks, South Africa's first open access and leading Wi-Fi provider has partnered with Cape, the Wi-Fi monitoring company to deliver superior Wi-Fi performance to locations across South Africa.

Cape's Sensors and Dashboard will assist VAST Networks in proactively monitoring Wi-Fi performance from the end-user's perspective. VAST Networks will install Cape's Sensors at hundreds of locations throughout South Africa, including airports, shopping malls, hotels, hospitals, restaurants and offices. 

"Cape's Sensors and Dashboard show us exactly how end-users are experiencing our network," says Khetan Gajjar, VAST Networks CTO. "Providing high-quality Wi-Fi to our venues, service provider partners, and end-users is our top priority and we want to ensure that they consistently receive unparalleled speeds and services." 

Gajjar added, "Cape has already helped us to identify and troubleshoot issues with our Wi-Fi performance and captive portals, increase efficiencies by reducing site visits, and hold our vendors to a higher standard."

By building a sleek and simple Wi-Fi monitoring product that is easy to use, Cape is empowering anyone to monitor and improve their networks. "We see VAST Networks as the leading Wi-Fi provider in South Africa and are proud to strengthen our relationship with them," said Cape co-founder and CEO David Wilson.

"Building the partnership with Cape is important to us," said Grant Marais, CEO of VAST Networks. "Being able to monitor and improve our offering is crucial as it enhances an already world-class experience."

About VAST Networks
VAST Networks is Africa's first open access network provider, delivering quality high-speed and secure Wi-Fi coverage. VAST Networks manages, deploys and constantly develops the largest Wi-Fi network in premium locations across South Africa. This platform enables users to experience high-throughput, seamless, cost effective Wi-Fi for a truly on-the-go experience in public spaces. Formed in 2015, VAST Networks brought together the Wi-Fi assets of two key market players (MWeb and Internet Solutions).

http://www.vast.network 
@VastWiFi

About Cape
Cape is a venture-backed SaaS and hardware company based in San Francisco and Cape Town on a mission to make the Internet better. Our beautiful, easy to use Wi-Fi monitoring product is helping experts and non-experts alike to monitor and improve their networks. We're founded by telecoms and software veterans, backed by great Silicon Valley investors, and we're on the lookout for excellent people to join us on our mission: engineers, designers, marketers and salespeople. If you're as passionate about improving the Internet as we are, we'd love to hear from you.

http://www.capenetworks.com 
@CapeNetworks

 

SOURCE Cape

Valero Energy Corporation to Announce First Quarter 2017 Earnings Results on April 25, 2017

SAN ANTONIO, March 22, 2017 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on April 25, 2017 at 10:00 a.m. ET to discuss first quarter earnings results, which will be released earlier that day, and provide an update on company operations.
Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com.About Valero
Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, and other petrochemical products.  Valero subsidiaries employ approximately 10,000 people, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3 million barrels per day, 11 ethanol plants with a combined production capacity of 1.4 billion gallons per year, and renewable diesel production from a joint venture. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE:VLP), a midstream master limited partnership.  Approximately 7,500 outlets carry the Valero, Diamond Shamrock, Shamrock, and Beacon brands in the United States; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.  Valero is a Fortune 500 company based in San Antonio.  Please visit www.valero.com for more information.
ContactsInvestors:John Locke, Vice President – Investor Relations, 210-345-3077Tom Mahrer, Manager – Investor Relations, 210-345-1953Media:Lillian Riojas, Director – Media Relations and Communications, 210-345-5002

Smart Water Metering Market Forecast, 2016-2024 by Applications and End- Use Industry

Sarasota, FL — (SBWIRE) — 03/22/2017 — Zion Market Research, the market research group announced the analysis report titled „Smart Water Metering Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Smart Water Metering Market: Overview

The smart water meter is a technology device that uses the internet in order to measure consumption data for billing purposes. This device can be used for billing water, energy, and natural gas consumption in the residential, commercial, and industrial areas. The smart water meter system is comprised of a water meter, electric meter, and control unit. The smart water metering technology is used to reduce non-revenue water wastage, obtain accuracy in billing, and reduce carbon footprint. The smart water metering systems have various applications in the various areas such as residential, commercial, and industrial due to the demand for accurate bills, data processing, measurement, and control.

Request Free Sample Report @ https://www.zionmarketresearch.com/sample/smart-water-metering-market

Global Smart Water Metering Market: Growth Factors

The growth factors driving the global smart water metering market are the increasing demand for reconstruction of old water infrastructures, need for accurate billing, and water wastage reduction. The rising demand for the reduction in the overall costing, reduction in greenhouse gas footprint, and demand for an efficient and accurate water operation in the residential, industrial, and commercial sector is also a reason fuelling the growth of the global market. The checking of operations at the user and distributor end saves money which in turn boosts the global smart water metering market. The government water utility body is adapting smarter water metering technology in various regions to overcome the water-related problems in the future which drives the global market.

Global Smart Water Metering Market: Segmentation

The global smart water metering market is segmented based on type, component, and application. The component segment is further bifurcated into IT solution, communication, and meters and accessories. The type segment is divided into advanced metering infrastructure and automatic meter reading which are further classified into the multi-jet flow, velocity flow, single-jet flow, electromagnetic, positive displacement, and fluidic oscillator. The application segment is categorized into water utilities, commercial, residential, and industrial. The meter and accessories and automatic meter reading segments dominate the global smart water metering market.

Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/smart-water-metering-market

Global Smart Water Metering Market: Regional Analysis

North America leads the global smart water metering market, followed by Europe. The reason for the growth in these reasons is water monitoring and water leakage prevention and the repairing of old water infrastructure. The smart water meter technology is being implemented in regions such as France, the U.K., and Germany is expected to drive global smart water metering market.

Global Smart Water Metering Market: Competitive Players

The major players that dominate the global smart water metering market include Itron Inc., Sensus, Badger Meter, Inc., Aclara Technologies LLC, Landis+Gyr, Kamstrup A/S, Datamatic, Inc., Arqiva Ltd., Neptune Technology Group Inc., Elster Group GmbH, Arad Ltd., Diehl Metering GmbH, and B METERS s.r.l. The other players in the global market around the globe include Aquiba, Jianggxi Sanchuan Water Meter, Cyan Holdings, Badger Meter, and Elster Water Metering.

Browse detail report @ https://www.zionmarketresearch.com/report/smart-water-metering-market

Global Smart Water Metering Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

What Report Provides

Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.

Ask for a customized report @ https://www.zionmarketresearch.com/custom/1073

CCI Wireless Selects DragonWave Harmony Enhanced MC for Network Upgrade

OTTAWA, CANADA–(Marketwired – March 22, 2017) – DragonWave Inc. (TSX:DRWI)(NASDAQ:DRWI) a global supplier of packet microwave radio systems, today announced the selection of the Harmony Enhanced MC backhaul solution by Corridor Communication Inc. (CCI Wireless), a service provider in the province of Alberta, Canada, delivering broadband services to rural customers. This deployment will bring increased capacity and new capabilities to CCI Wireless’ existing rural microwave network.

DragonWave’s Harmony Enhanced MC will replace CCI Wireless’ existing DragonWave Horizon Compact radios, while reutilizing their installed base of antennas. Harmony Enhanced MC provides a more than three-fold capacity increase over CCI Wireless’ existing network, by leveraging the Harmony Enhanced MC’s dual channel capability, combined with 2048QAM modulation support. In addition, the industry leading system gain of the Harmony Enhanced MC allows CCI Wireless to achieve the highest possible capacity and availability for their most challenging long-range rural links.

„We selected DragonWave and its partner, Alliance Corporation after determining that the Harmony Enhanced solution best met our high capacity and long reach requirements,” said Amir Bigloo, CCI Wireless CEO. „Through our evaluation, which included field testing, we found the Harmony Enhanced MC to offer superior performance and greater operational simplicity.”

The DragonWave Harmony Enhanced MC is a high capacity microwave solution that enables operators to deliver 1 Gbps of uncompressed throughput in a single radio (using 50MHz channels) and up to 2 Gbps per radio with the industry leading Bandwidth Accelerator+ bulk compression feature. Harmony Enhanced MC also delivers the highest system gain in the industry, allowing customers to maximize capacity and minimize antenna sizes on longer links.

„Harmony Enhanced MC is uniquely suited to support CCI Wireless capacity requirements for its rural broadband network,” said Peter Allen, DragonWave President and CEO. „We are pleased to be able to continue to work with this customer to upgrade their existing DragonWave backhaul network.”

About DragonWave

DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave’s carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave’s portfolio is wireless network backhaul, including a range of products ideally suited to support the emergence of underlying small cell networks. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave’s corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. For more information, visit http://www.dragonwaveinc.com.

About CCI Wireless

Corridor Communications Inc. (CCI Wireless), is the second largest rural wireless internet service provider (WISP) utilizing licensed spectrum in Canada with origins in rural Alberta. The company has become the leader in the provision of rural fixed wireless internet through the use of a consistent deployment methodology and a focus on customer service. CCI Wireless’ network covers over 100,000 households in rural Alberta. The business’ operations are run out of the company’s head office in Calgary. https://cciwireless.ca/

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to DragonWave’s growth opportunities and the potential benefits of, and demand for, DragonWave’s products. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of DragonWave’s products compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. DragonWave’s actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of DragonWave to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by DragonWave with U.S. and Canadian securities regulatory authorities. DragonWave assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

CCI Wireless Selects DragonWave Harmony Enhanced MC for Network Upgrade

OTTAWA, CANADA–(Marketwired – March 22, 2017) – DragonWave Inc. (TSX:DRWI)(NASDAQ:DRWI) a global supplier of packet microwave radio systems, today announced the selection of the Harmony Enhanced MC backhaul solution by Corridor Communication Inc. (CCI Wireless), a service provider in the province of Alberta, Canada, delivering broadband services to rural customers. This deployment will bring increased capacity and new capabilities to CCI Wireless’ existing rural microwave network.

DragonWave’s Harmony Enhanced MC will replace CCI Wireless’ existing DragonWave Horizon Compact radios, while reutilizing their installed base of antennas. Harmony Enhanced MC provides a more than three-fold capacity increase over CCI Wireless’ existing network, by leveraging the Harmony Enhanced MC’s dual channel capability, combined with 2048QAM modulation support. In addition, the industry leading system gain of the Harmony Enhanced MC allows CCI Wireless to achieve the highest possible capacity and availability for their most challenging long-range rural links.

„We selected DragonWave and its partner, Alliance Corporation after determining that the Harmony Enhanced solution best met our high capacity and long reach requirements,” said Amir Bigloo, CCI Wireless CEO. „Through our evaluation, which included field testing, we found the Harmony Enhanced MC to offer superior performance and greater operational simplicity.”

The DragonWave Harmony Enhanced MC is a high capacity microwave solution that enables operators to deliver 1 Gbps of uncompressed throughput in a single radio (using 50MHz channels) and up to 2 Gbps per radio with the industry leading Bandwidth Accelerator+ bulk compression feature. Harmony Enhanced MC also delivers the highest system gain in the industry, allowing customers to maximize capacity and minimize antenna sizes on longer links.

„Harmony Enhanced MC is uniquely suited to support CCI Wireless capacity requirements for its rural broadband network,” said Peter Allen, DragonWave President and CEO. „We are pleased to be able to continue to work with this customer to upgrade their existing DragonWave backhaul network.”

About DragonWave

DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave’s carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave’s portfolio is wireless network backhaul, including a range of products ideally suited to support the emergence of underlying small cell networks. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave’s corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. For more information, visit http://www.dragonwaveinc.com.

About CCI Wireless

Corridor Communications Inc. (CCI Wireless), is the second largest rural wireless internet service provider (WISP) utilizing licensed spectrum in Canada with origins in rural Alberta. The company has become the leader in the provision of rural fixed wireless internet through the use of a consistent deployment methodology and a focus on customer service. CCI Wireless’ network covers over 100,000 households in rural Alberta. The business’ operations are run out of the company’s head office in Calgary. https://cciwireless.ca/

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to DragonWave’s growth opportunities and the potential benefits of, and demand for, DragonWave’s products. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of DragonWave’s products compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. DragonWave’s actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of DragonWave to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by DragonWave with U.S. and Canadian securities regulatory authorities. DragonWave assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Microsoft announces IP licensing program to power digital transformation in connected cars

The automotive industry is undergoing a digital transformation. The technology in automobiles that’s connected to the internet and capable of receiving services from the cloud is ushering in a new wave of innovation. In fact, by some estimates, over the next three years, more than 90 percent of all cars will be connected. From amazing fuel savings, to predictive maintenance and safety features, to self-driving cars, we’re at a critical inflection point that will change how we drive.

Microsoft is working with the world’s leading automotive companies and suppliers to deliver these technologies and services to customers. We don’t make cars, but we have a long history of working with our partners in the automotive industry to deliver great products and services that power the automotive sector. For example, our Azure service is the leading cloud platform for the auto industry.

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“The connected car represents an enormous opportunity for the auto industry, and at the core it’s a software challenge,” says Peggy Johnson, executive vice president of Business Development at Microsoft. “Our mission is to empower car makers with technology that allows them to focus on building even better driving experiences for their customers.”

At Microsoft, we strive to deeply understand our partners’ objectives and meet them where they are, and intellectual property sometimes has a role to play in this context.

That’s why we are pleased to announce that we have reached an agreement to license our intellectual property (IP) for connected cars to Toyota, as our first partner in the launch of our new auto licensing program. Learn more here.

As one of the leading auto companies in the world with a deep heritage of innovation and ground-breaking research and development, Toyota is already a valued partner of Microsoft through the Toyota Connected program and an early adopter of Azure IP Advantage. We look forward to deepening this partnership with our IP in connected cars.

Across Microsoft, we are excited about the digital transformation of the automotive sector. Automotive companies and their suppliers are doing amazing work to bring new experiences to customers, and we look forwarding to partnering with them on this journey.

Customers interested in learning more about the connected car licensing program can visit the IP licensing website or contact a licensing executive.

About the Author

Corporate Vice President and Chief IP Counsel of Microsoft’s Intellectual Property Group