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Ex-NetApp Technology Leader, Cisco, and EMC Executive Philippe Ciampossin to lead Advanced Engineering and Product Strategy at Volumez as Senior Vice President of Advanced Technology

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Philippe Ciampossin, a seasoned technology executive with extensive leadership experience in driving large-scale product teams to deliver innovative on-premises and cloud-based solutions, has joined Volumez as senior vice president of advanced technology as the company scales its business

SANTA CLARA, Calif., June 4, 2024 /PRNewswire/ — Philippe Ciampossin, technology leader with extensive experience in driving large-scale product teams to deliver innovative on-premises and cloud-based solutions, has joined Volumez as senior vice president of advanced technology.

Philippe Ciampossin most recently served as the vice president of engineering for NetApp ONTAP engineering for on-premises and cloud-based solutions in Amazon Web Services, Google Cloud, and Microsoft Azure. Prior to NetApp, Philippe served as vice president of AI and analytics for the enterprise networking division at Cisco and as vice president of engineering for the content management division of EMC (Documentum portfolio). He held other various leadership positions in HPC storage and information management.

Philippe is a dynamic technology leader with deep experience driving 1000-member global engineering and product teams to deliver innovative on-premises and cloud-based solutions. He is an expert at directing major technology transformations including migrating products to microservices, cloud-native SaaS platforms, integrating AI/ML analytics, and evolving storage system architecture to leverage next-generation hardware trends. He has an established track record of launching products on time from concept to delivery and influencing corporate strategy through technology leadership addressing customer needs at scale.

“Philippe’s deep and varied engineering and technical expertise will greatly complement and expand the product strategy and execution for our innovative composable data infrastructure services in all the major clouds for our Data Infrastructure solutions focusing on AI/ML workloads,” said Amir Faintuch, CEO at Volumez. “We are excited to welcome Philippe to our growing executive team of cloud industry leaders who will focus on connecting the dots between customer, product, and execution.”

“Many companies in the data infrastructure space claim to be different, but often are just a variation of existing concepts. Sometimes, however, you stumble on something differentiated where you can see the potential of everything unique that can be developed from it,” said Ciampossin. “Volumez is, to me, the kind of company combining great technology, a world-class team, and energy rare in more mature companies. I am looking forward to collaborating with the team to be part of the adventure of enhancing the technology and product and taking it to new heights.” 

About Volumez 

Volumez is a revolutionary composable data infrastructure company businesses employ to realize the true potential of their data. With its innovative controller-less architecture, Volumez tackles latency and scalability challenges by establishing direct Linux data paths, ensuring exceptional performance and resiliency. Driven by cutting-edge technology and a customer-centric approach, Volumez offers comprehensive solutions that streamline data workflows, enhance data quality, and drive informed decision-making. Discover more at volumez.com.

Volumez Website Bio

As the senior vice president of advanced technology at Volumez, Philippe Ciampossin has deep expertise driving large, global engineering and product teams to deliver innovative on-premises and cloud-based solutions. With a focus on connecting the dots between customer, product, and execution, Philippe plays a pivotal role in driving Volumez’s product vision and strategy and GTM success.

Philippe brings extensive industry experience to Volumez, having most recently served as the vice president of engineering for NetApp ONTAP engineering for on-premises and cloud-based solutions in AWS, GCP, and Microsoft Azure. His contributions extend to developing AI and analytics solutions for the enterprise networking division at Cisco and managing the technical aspects of an M&A initiative of two EMC divisions to a private equity firm and OpenText. Philippe serves on the advisory board for emerging companies and holds a patent on a query service for electronic documents archived in a multi-dimensional storage space.

With a deep understanding of engineering, product development, and product management, Philippe’s expertise makes him a valuable asset to Volumez. He is looking forward to collaborating with the team to be part of the adventure of enhancing the technology and product and taking it to new heights. Philippe holds a Master of Engineering, Artificial Intelligence from Ecole d’Ingénieurs Informatique in Paris, France and a Bachelor of Engineering, Electrical Engineering from ESIG in Paris, France.

Photo – https://mma.prnewswire.com/media/2429774/Philippe_Ciampossin.jpg
Logo – https://mma.prnewswire.com/media/2105345/4094708/Volumez_Logo.jpg

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Trex Energy Hyderabad secures 3 awards for energy storage excellence in India

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HYDERABAD, India, Aug. 6, 2026 /PRNewswire/ — Trex Energy Pvt. Ltd. has reached a significant milestone in India’s clean energy sector by securing three honors from the India Energy Storage Alliance (IESA). The organization named Trex Energy the Commercial & Industrial (C&I) Company of the Year, recognizing the firm’s role in advancing battery energy storage systems (BESS) for industrial applications. This recognition highlights the company’s impact on the regional clean energy ecosystem and its focus on manufacturing excellence.

Director Seema Goyal received the Women in Energy award and was named to the industry’s 40 Under 40 leadership list. These accolades highlight her influence in shaping the transition toward renewable power and sustainable infrastructure. The awards were presented at leading industry platforms, reinforcing Trex Energy’s position as an emerging force in energy storage.

Complete details on the company’s energy storage portfolio are available at www.trexenergy.in

Advancing energy storage technology

The company has developed a technology-driven portfolio that addresses grid stability and demand management across multiple sectors, including telecom infrastructure and smart energy management. Key focus areas include:

C&I Battery Storage: Specialized solutions designed for large-scale industrial energy reliability and efficiency.Renewable Integration: Technologies that pair solar and wind power with storage to ensure consistent energy supply.Utility-Scale Systems: High-capacity storage units designed for grid-level management and stability.Peak Shaving and Demand Management: Systems that allow industries to optimize power consumption during high-cost periods.

The IESA awards recognize organizations demonstrating excellence in innovation, execution, and customer impact within the energy storage industry. By securing the C&I Company of the Year title, Trex Energy has demonstrated its ability to deliver high-impact storage solutions in a competitive market. The company’s work in advanced lithium battery technologies and smart Energy Management Systems (EMS) provides a foundation for more resilient power grids and optimized industrial consumption.

“This recognition from the India Energy Storage Alliance is a milestone for the entire Trex Energy team,” said Mr. Bharat Chhittarka, Director at Trex Energy. “It reflects our commitment to engineering Battery Energy Storage Systems that empower industries to embrace reliable and efficient energy. As demand for storage continues to accelerate, we remain focused on innovation and delivering solutions that create long-term value for our customers.”

In addition to the organizational award, the individual recognition for Seema Goyal underscores the importance of inclusive leadership in the renewable sector. The company remains committed to building technologies that accelerate the national energy transition while fostering innovation within its technical teams.

About Trex Energy

Trex Energy Pvt. Ltd. is an Indian clean energy company specializing in Battery Energy Storage Systems (BESS), Commercial & Industrial energy storage, utility-scale storage solutions, telecom energy infrastructure, lithium battery technologies, and renewable energy integration. Driven by innovation, engineering excellence, and customer-centric solutions, Trex Energy is committed to advancing India’s clean energy transition through intelligent and scalable energy storage technologies.

Discover the latest innovations in Battery Energy Storage, Clean Energy, and Lithium Battery Solutions by following Trex Energy on their official social media channels.
LinkedIn: https://www.linkedin.com/company/101364690/
Instagram: https://www.instagram.com/trex.energy?igsh=MWs2NXZzYWp2bHBn&utm_source=qr

Website: www.trexenergy.in

 

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Acrab Raises US$130 Million Series B, Advancing Agentic AI Compute Platform Commercialization

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SINGAPORE, Aug. 6, 2026 /PRNewswire/ — Acrab today announced a US$130 million Series B financing round, with continued support from existing leading investors Vertex Ventures SEA & India and Vertex Growth, as well as participation from renowned institutional investors across Europe and Southeast Asia.

Following its emergence from stealth with more than US$350 million in cumulative funding and the launch of its GΞLIX 1-powered Agent Box platform, Acrab is entering its next phase of commercialization, with visible paths to industrial deployments across domains and expected revenue within this year.

Acrab is building a full-stack AI computing platform combining purpose-built silicon, edge AI, and intelligent software orchestration.

The new funding will support product scaling, ecosystem expansion, and the development of Acrab’s next-generation computing platform.

About Acrab

Acrab is a technology company building agentic AI compute infrastructure for the next generation of intelligent systems. Founded in 2024, the company develops high-performance AI compute architecture and integrated software platforms designed to bring AI agents into action, providing personalized assistance and real-time execution across a range of edge environments.

By combining purpose-designed silicon, advanced edge AI models, full-stack software and system orchestration, Acrab provides the computing foundation for AI agent systems across everyday life, bringing assistance, creativity, utility and value.

For more information about Acrab, please visit https://www.acrab.ai/.

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Taboola Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Taboola (TBLA)

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Taboola told investors its quarter was strong and raised its full-year ex-TAC gross profit outlook. The same release cut 2026 revenue and non-GAAP net income guidance — and the stock fell.

NEW YORK, Aug. 5, 2026 /PRNewswire/ — Taboola.com Ltd. (NASDAQ: TBLA) shares declined on August 5, 2026, after the Company guided full-year 2026 revenue to $1.930-$1.956 billion — as much as $110 million, or 5.4%, below the $2.04 billion FactSet consensus. If you lost money holding TBLA, you are encouraged to submit your TBLA loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@SueWallSt.com or by telephone at (888) SueWallSt.

The August 5 announcement was headlined “Taboola Reports Strong Q2 2026 Financial Results, & Raises Full-Year ex-TAC Gross Profit and Adjusted EBITDA guidance.” Inside the same release, the company’s updated guidance revealed it had negatively revised revenue and non-GAAP net income projections for fiscal year 2026. This followed a raise in revenue guidance following Taboola’s Q1 results. Revenue guidance for fiscal year 2026 has shifted from $1.993-$2.054 billion on February 25, 2026, up to $2.006-$2.062 billion on May 6, 2026, and now down to $1.930-$1.956 billion on August 5, 2026.

SueWallSt notifies investors of a pending investigation into potential securities law violations at Taboola on behalf of investors who suffered losses. The investigation concerns whether the Company’s public statements were consistent with the revenue trajectory reflected in its August 5, 2026 outlook.

Shareholders who lost money on Taboola are encouraged to click here to learn more about the investigation or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the TBLA Investigation

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Taboola.com Ltd. made materially false or misleading statements regarding its revenue outlook and growth trajectory. When the Company revised its fiscal 2026 revenue guidance downward, the stock price declined.

Q: Who is eligible to participate in the TBLA investigation?A: Investors who purchased TBLA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses — not on whether you still hold the shares.

Q: Who is conducting the TBLA investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased TBLA securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: What do TBLA investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my TBLA shares — can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought TBLA and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis — no retainer and no out-of-pocket costs.

Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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SOURCE SueWallSt.com

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