About SMART Modular Technologies Customers rely on SGH businesses as their strategic suppliers providing exceptional customer service, product quality, and technical support with engineering, sales, manufacturing, supply chain and logistics capabilities that span the globe. SMART is a pioneer of secure, ruggedized solid state drives (SSDs) incorporating additional attributes such as encryption, secure data elimination and write-protect features required in the high-performance military, aerospace and industrial markets. n/a 1227818.00000000 ns usd 139590628.42000000 3.648172474136 long ec corp nl n 1 n n n smart global holdings inc 529900rdghqy8xkxpn14. With the addition of Penguin Computing, SGH has expanded its serviceable markets into areas requiring specialized computing platforms in artificial intelligence and machine learning, … The Web's Largest Resource for ... We couldn't find any related products. SMART and its subsidiaries operate in a continually changing business environment and new factors emerge from time to time. It deals … NEWARK, Calif.--(BUSINESS WIRE)--Jan 5, 2021--. quote : historical data and live quotes, charts, news, analyses, trading signals, calendar, informations and community tools “Customers in the networking, data communication and industrial embedded market segments demand reliability and robust performance in SSD products for their applications,” said Victor Tsai, Director of Flash Products at SMART Modular Technologies. “I am proud of the results our team delivered in the first quarter of fiscal 2021 during these challenging times. SMART Global Holdings (SGH) is a global leader in specialty memory solutions, serving the electronics industry for over 25 years and holds a leading, international, market position, as measured by revenue, in specialty memory. Such factors and risks as outlined above and in such filings may not constitute all factors and risks that could cause actual results of SMART to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. These non-GAAP financial measures are provided to enhance the user’s overall understanding of our financial performance. These businesses specialize in application-specific product development and support for customers in enterprise, government and OEM sales channels. Investor Relations for SMART Global Holdings, Inc. KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: TECHNOLOGY NETWORKS HARDWARE SECURITY, PUB: 01/05/2021 04:05 PM/DISC: 01/05/2021 04:05 PM, http://www.businesswire.com/news/home/20210105005923/en. 1988. • List of SGH Customers SMART Global Holdings Inc. entered into an agreement with Cree Inc. to purchase the Cree LED Products business. Smart Global Holdings Inc Stocks making the biggest moves after the bell: Cal-Maine Foods, Myriad Genetics & more . New Zealand was a global “early mover” and now knowledge leader in the competitive deployment of smart meters. Industries. Versions supporting 0 °C to 70 °C and -40 °C to 85 °C operating temperature ranges are offered to meet a wide range of application needs. Leveraging SMART’s diverse customer base and global operations, Cree LED will be well positioned to continue to deliver industry leading products. Smart Global Holdings Inc 's Competition by segments, comparisons of sales, income and profit margin by Product and service group - CSIMarket If you experience any issues with this process, please contact us for further assistance. SMART delivers components, modules and solutions to a broad OEM customer base, in computing, networking, communications, storage, mobile and industrial markets. Taking innovations from the design stage through manufacturing and supply, SMART Modular has developed a comprehensive product line comprised of DRAM, Flash and hybrid memory and storage technologies across various form factors. Our Vision To be the preferred global supplier of specialty chemical products and innovative materials that enhance quality of life, improve crop yields, support health and wellness, and enable our customers to deliver value-added solutions. IRIS provides Smart Identification Solution in Malaysia, we also provide Smart Card Solution with high technologies and the latest security features. The latest UP Global Sourcing Holdings plc (UPGS) Ord 0.25p share price (UPGS). New products on display at Flash Memory Summit in Santa Clara, CA NEWARK, CA, August 6, 2019 — SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., (NASDAQ: SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards Global Ecommerce Service; Amazon Workshop; Amazon Course; Ecommerce Resource Downloads; Resource. SMART Global Holdings specializes in application-specific product development and support for customers in enterprise, government and OEM sales channels. First SSD Product Family with SMART Modular Proprietary NVMSentry™ Firmware. Schedule A Demo. 01/08/2020. SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. DURHAM, N.C.--(BUSINESS WIRE)--Oct 19, 2020--Cree, Inc. (Nasdaq: CREE) today announced that the Company has entered into a definitive agreement to sell its LED Products business unit (“Cree LED”) to SMART Global Holdings, Inc. (Nasdaq: SGH) for up to $300 million, including fixed upfront and deferred payments and contingent consideration. The SMART lines of business are leading designers and manufacturers of electronic products focused on memory, computing and storage technology areas. SMART Global Holdings, Inc. Vector Metering, New Zealand’s leading advance metering hardware and service provider expertise, delivers services to more than 1.7 million homes and business across the country. The Fund seeks to track the performance of an index composed of international infrastructure companies from both developed and emerging countries. Our Services . Smart Global Holdings Inc 's Customers have recorded an advance in their cost of revenue by 0.94 % in the 2 quarter 2020 year on year, sequentially costs of revenue grew by 3.76 %, for the same period Smart Global Holdings Inc recorded revenue increase by 19.36 % year on year, sequentially revenue grew by 3.4 %. SMART Modular Announces New “ME” Series SATA SSD Products. Expect SMART Modular to introduce additional SSD products with NVMSentry firmware in the near future.”. SMART is a global leader in specialty memory, storage and high-performance computing solutions serving the electronics industry for over 30 years. Smart Global Holdings's top competitors include Viking Technology, Transcend, Toshiba, Western Digital and Samsung Electronics. NEWARK, CA, January 8, 2020 — SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., (NASDAQ: SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other solid state storage products, today announced the introduction of the ME1 and ME2 Series SATA Solid State Drive (SSD) products. The acquisition is valued at up to $300 million. Try a new search. United States Cree Inc., Durham NC, has entered into a definitive agreement to sell its LED Products business unit to SMART Global Holdings Inc. for up to USD$300-million, including fixed upfront and deferred payments and contingent consideration. Company Description. First SSD Product Family with SMART Modular Proprietary NVMSentry™ Firmware. About SMART Global Holdings The SMART family of companies are global leaders in specialty memory, storage and hybrid solutions serving the electronics industry with standard and custom products for over 25 years. 2019 2016 2014 2011 2001 1992 1990 1974 1969 1943 1905 1896 2019 Acquired Bercen Chemicals, based in Denham Springs, […] SGH is comprised of business units that are leading designers and manufacturers of electronic products focused on computing and memory technology. Cree, Inc. (Nasdaq: CREE) today announced that the Company has entered into a definitive agreement to sell its LED Products business unit ("Cree LED") to SMART Global Holdings, Inc. (Nasdaq: SGH) for up to $300 million, including fixed upfront and deferred payments and contingent consideration. SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. We offer e-commerce solution development, website … We offer e-commerce solution development, website design, system customization, online marketing (from concept to launch), business consultancy and so on in order to help businesses to go online without having to deal with numerous vendors. Smart Global Holdings Inc 's Suppliers by segments, comparisons of sales, income and profit margin by Product and service group - CSIMarket Investor Contact SGH businesses operate in three primary areas: specialty compute and storage solutions, specialty memory products, and Brazil. SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. SMART Global Holdings, Inc. (“SMART” or “SGH”) is a global leader in specialty memory, storage and hybrid solutions serving the electronics industry for over 25 years. Download PDF Format (opens in new window) PDF 25 KB. Conference Call Details SMART will host a conference call today for analysts and investors at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), is responding to factual errors, erroneous conclusions and unfounded allegations that have recently been circulated and are affecting the market for our stock over the past few days. The non-GAAP financial results presented herein exclude share-based compensation expense, intangible amortization expense, loss on extinguishment of debt/revolver, capped call MTM adjustment, convertible debt original issue discount (OID) and fees, restructuring expenses, integration expenses, COVID-19 expenses, acquisition-related expenses, gain on settlements and other infrequent or unusual expenses, and with respect to non-GAAP diluted EPS, foreign currency gains (losses). Cases of eggs from Cal-Maine Foods, Inc., await to be handed out by the Mississippi Department of Agriculture and Commerce employees to several hundred families along with over 1,400 boxes of meat products from Merchants Foodservice and … From Development to Marketing. We are a global leader in the design and manufacture of highly reliable embedded computing solutions for a broad range of defense, industrial IoT (IIoT), edge computing, and communications customers. We define Adjusted EBITDA as GAAP net income (loss) plus net interest expense, income tax expense, depreciation and amortization expense, share-based compensation expense, loss on extinguishment of debt/revolver, capped call mark to market (MTM) adjustment, restructuring expenses, integration expenses, COVID-19 expenses, acquisition-related expenses, gain on settlements and other infrequent or unusual items. SMART Modular Announces New “ME” Series SATA SSD Products. These businesses specialize in application-specific product development and support for customers in enterprise, government and OEM sales channels. You must click the activation link in order to complete your subscription. Leveraging SMART’s diverse customer base and global operations, Cree LED will be well positioned to continue to deliver industry leading products. Semiconductors Holding Companies. The sale of the LED manufacturing business to SMART Global Holdings is part of … (1) Amounts related to acquisitions of Cree (pending) and SMART EC & Wireless (July 2019). SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the first quarter fiscal 2021 ended November 27, 2020. The AP news staff was not involved in its creation. Dial-in US toll free +1-866-487-6452, or International toll free +1-213-660-0710 using access code 9456176. Type of Company. O’Melveny guided SMART Global Holdings in its agreement with Cree to purchase the Cree LED Products business unit for up to US$300M, this article reported. SMART Embedded Computing (formerly Artesyn Embedded Computing) is part of the SMART Global Holdings, Inc family of companies. Filter by Department: We couldn't find any related products. SMART Global Holdings (NASDAQ:SGH), memory and computing technology company announced US$278.4 million in net sales for the fourth quarter of 2019, dropping 6 percent year-over-year. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Customers rely on … SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the first quarter fiscal 2021 ended November 27, 2020. Date Founded. Real-time exchange rate quote of Smart Global Holdings Inc. - Ordinary Shares including detailed information, live chart and news, profile and other market data. SMART Global Holdings Inc. entered into an agreement with Cree Inc. to purchase the Cree LED Products business. Accordingly, investors are cautioned not to place undue reliance on any forward-looking statements. Customers rely on SGH businesses as their strategic … Rhianna Bull, Account Manager At Smart Global Holdings, we promise to treat your data with respect and will not share your information with any third party. SMART specializes in application specific product development and support for customers in enterprise, government and OEM sales channels. The combination of NVMSentry firmware, along with a best-in-class SSD controller, offers exceptional performance while providing the flexibility and optionality for customization that are crucial for mission critical applications in the networking, data communication and industrial embedded market segments. SMART Modular is a subsidiary of SMART Global Holdings, Inc. SMART Media Contacts: The company offers dynamic random access memory (DRAM) modules, and components for various applications, specialized memory module designs based on original equipment manufacturer (OEM) requirements, as well as flash memory, USB, and serial advanced technology attachment products. Adjustments to reconcile net income to net cash provided by operating activities: Provision for doubtful accounts receivable and sales returns, (Gain) Loss on disposal of property and equipment, Amortization of debt discounts and issuance costs, Amortization of operating lease right-of-use assets. Non-GAAP net income of $19.6 million or $0.78 per share, 46.4% and 41.8% higher than the year ago quarter, respectively. SMART, a developer of electronics industry solutions for the memory, computing, and storage markets, will absorb CREE LED’s portfolio of LED chips and components. For more information about SMART Global Holdings business units, please refer to www.smartm.com. Shares in Smart Global Holdings Inc are currently priced at $29.96. Victor Tsai, Flash Product Director Adjusted EBITDA is not a measure of financial performance calculated in accordance with U.S. GAAP and should be viewed as a supplement to, not a substitute for, our results of operations presented on the basis of U.S. GAAP. In addition, these measures may not be used similarly by other companies and therefore may not be comparable between companies. SGH is comprised of business units that are leading designers and manufacturers of electronic products focused on computing and memory technology. For more information about SGH business units, visit: SMART Modular Technologies; SMART Embedded Computing; SMART Supply Chain Services; and Penguin Computing. Customers rely on SGH businesses as their strategic … These statements are forward-looking and actual results may differ materially. SMART cannot predict such factors, nor can it assess the impact, if any, from such factors on SMART or its subsidiaries’ results. A replay of the conference call will be available for one week following today’s call through the Events section of the SMART website at www.smartgh.com or by calling US toll free +1-855-859-2056, or International toll free +1 404-537-3406; Passcode: 9456176. 747525103 3539488.00000000 ns … Home. After submitting your request, you will receive an activation email to the requested email address. Forward-Looking Statements DURHAM, N.C.--(BUSINESS WIRE)--Oct 19, 2020--Cree, Inc. (Nasdaq: CREE) today announced that the Company has entered into a definitive agreement to sell its LED Products business unit (“Cree LED”) to SMART Global Holdings, Inc. (Nasdaq: SGH) for up to $300 million, including fixed upfront and deferred payments and contingent consideration. As a premier Tier-1 Flash solution supplier in these segments, SMART Modular fully understands the market requirements and has developed NVMSentry firmware specifically to meet customer needs. These non-GAAP financial measures are also used by management to evaluate financial results, to plan and forecast future periods, and to assess performance of certain executives for compensation purposes. By providing your email address below, you are providing consent to Smart Global Holdings to send you the requested Investor Email Alert updates. +1 (510) 624-8126victor.tsai@smartm.com, EMEA +44 (0) 1243 531123rhianna@napierb2b.com. SMART’s product offerings are designed for diverse applications ranging from IIoT, Networking, Industrial, Data Center, Point-of-Sales, Transportation, AI to Military. Focused on providing extensive customer-specific design capabilities, technical support and value-added testing services, SMART collaborates closely with their global OEM customers throughout the design process and across multiple projects to create solutions for demanding applications with differentiated requirements. First Quarter Fiscal 2021 Highlights: Net sales of $291.7 million, 7.2% higher than the year ago quarter. SMART Global Holdings (NASDAQ:SGH) inks agreement with Cree (NASDAQ:CREE) to purchase the Cree LED Products business unit for up to $300M, including fixed … The SMART lines of business are leading designers and manufacturers of electronic products focused on memory and computing technology areas. About SMART Global Holdings– SGH SGH is comprised of business units that are leading designers and manufacturers of electronic products focused on computing and memory technology. The SMART lines of business are leading designers and manufacturers of electronic products focused on memory and computing technology areas. Forward-Looking Statements This release contains, and statements made during the above-referenced conference call will contain “forward-looking statements” including among other things, statements regarding future events and the future financial performance of SMART (including the business outlook for the next fiscal quarter) and statements regarding growth drivers in SMART’s industries and markets. The acquisition is valued at up to $300 a of The acquisition is valued at up to $300 a of Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announced today it completed the transaction to acquire the Revolos family of companies. Smart Global Holdings Inc 's Customers by segments, comparisons of sales, income and profit margin by Product and service group - CSIMarket The Web's Largest Resource for Acronyms & Abbreviations. Net sales of $291.7 million, 7.2% higher than the year ago quarter. The acquisition is valued at up to $300 million. SMART Modular is a global leader in specialty memory solutions such as DRAM memory modules, solid-state drives, and flash-based removable and embedded Memory. SMART Global Holdings Inc. entered into an agreement with Cree Inc. to purchase the Cree LED Products business. Leveraging SMART’s diverse customer base and global operations, Cree LED will be well positioned to continue to deliver industry leading products. Investors are encouraged to review the “Reconciliation of Non-GAAP Financial Measures to GAAP Results” and “Reconciliation of GAAP Net Income to Adjusted EBITDA” tables below for more detail on non-GAAP calculations. Non-GAAP Information Certain non-GAAP financial measures are contained in this press release or will be discussed on our conference call, including non-GAAP gross profit, non-GAAP operating income, Adjusted EBITDA, non-GAAP net income, and non-GAAP net income per diluted share. The index provider has decided to discontinue the Macquarie Global Infrastructure 100 index as of 22 May 2017, and as a result the Fund has decided to replace this index with the FTSE Global Core Infrastructure Index. About SMART Global Holdings. SMART Modular Technologies SMART Wireless' cost effective OTS/BTO products based on multiple generations of Snapdragon processors in different form factors, comprehensive connectivity, and video/audio interfaces provide excellent product ready solutions. Sorry, we didn't find any content on this topic. SMART plans to license and integrate the Cree LED brand and trademarks into the SMART portfolio of businesses. SMART Global Holdings Inc () Stock Market info Recommendations: Buy or sell SMART Global Holdings stock? (iSun), a provider of innovative solar power, electric mobility and smart city solutions for government, commercial, retail, academic and data-center projects, today announced that they have entered into a binding term sheet under […] The presentation of this additional information is not meant to be a substitute for the corresponding financial measures prepared in accordance with U.S. GAAP. The Company, through its subsidiaries, provides specialty memory solutions. These businesses specialize in application-specific product development and support for customers in enterprise, government and OEM sales channels. Employees (Worldwide) 1,538. Featured Projects Our Services . SMART Modular delivers solutions to a broad customer base, including OEMs that compete in the computing, networking, communications, storage, mobile and industrial markets. SMART Global Holdings (SGH) is a global leader in specialty memory solutions, serving the electronics industry for over 25 years and holds a leading, international, market position, as measured by revenue, in specialty memory. SMART Modular’s proprietary SafeDATA™ advanced power loss data protection is available as an option. SMART specializes in application specific product development and support for customers in enterprise, government and OEM sales channels. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web! GAAP net income of $2.0 million, or $0.08 per share, compared with $0.2 million or $0.01 per share in the year ago quarter. 39870 Eureka Drive,Newark, CA 94560-4809. Cases of eggs from Cal-Maine Foods, Inc., await to be handed out by the Mississippi Department of Agriculture and Commerce employees to several hundred families along with over 1,400 boxes of meat products from Merchants Foodservice and 2,200 gallons … Changes in operating assets and liabilities: Net cash provided by operating activities, Capital expenditures and deposits on equipment, Proceeds from sale of property and equipment, Proceeds from borrowings under revolving line of credit, Repayments of borrowings under revolving line of credit, Proceeds from issuance of ordinary shares from share option exercises, Proceeds from issuance of ordinary shares from ESPP, Withholding tax on restricted stock units, Effect of exchange rate changes on the cash and cash equivalents, Net increase in cash and cash equivalents, Cash and cash equivalents at beginning of period. By excluding these charges, as well as any related tax effects, our non-GAAP results provide information to management and investors that is useful in assessing SMART’s core operating performance and in evaluating and comparing our results of operations on a consistent basis from period to period. SMART is a global leader in specialty memory, storage and high-performance computing solutions serving the electronics industry for over 30 years. About SMART Global Holdings. The Company, through its subsidiaries, provides specialty memory solutions. Headquarters. Business Outlook The following statements are based upon management’s current expectations for the second quarter of fiscal 2021 ending February 26, 2021. The stock is trading 27% lower as of 2:10 p.m. EST, and that's a rebound from a 29.5% drop earlier in the session. Total revenue grew by 7% when compared to the first quarter a year ago, and non-GAAP earnings per share of $0.78 exceeded the high end of our guidance range,” commented Mark Adams, President and CEO. We will post an accompanying slide presentation to our website prior to the beginning of the call. A Member Of The STANDS4 Network. SMART Global Holdings Inc. entered into an agreement with Cree Inc. to purchase the Cree LED Products business. Subscribe to Yahoo Finance Premium for … Free, no signup required: Add to Chrome. “The NVMSentry firmware architecture forms the basis for SMART Modular to create innovative and cost-effective SSD products for our customers’ needs. SMART Global Holdings, Inc. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. SMART Global Holdings manufactures memory for desktops, notebooks, and servers, as well as mobile memory for smartphones. SMART, a developer of electronics industry solutions for the memory, computing, and storage markets, will absorb CREE LED’s portfolio of LED chips and components. Shares of SMART Global Holdings are having a bad day today. View recent trades and share price information for UP Global Sourcing Holdings plc (UPGS) Ord 0.25p SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. SMART Global Holdings, Inc. engages in the design, manufacture, and sale of specialty memory solutions and services to the electronics industry. Press release content from Business Wire. SMART delivers components, modules and solutions to a broad customer base, including OEMs in computing, networking, communications, storage, mobile and industrial markets. The new ME1 and ME2 Series are the first SATA SSD products incorporating SMART Modular’s proprietary NVMSentry™ firmware. SMART Global Holdings manufactures memory for desktops, notebooks, and servers, as well as mobile memory for smartphones. Smart Global Holdings, Inc. Overview. Suzanne Schmidt About SMART Global Holdings – SGH. The Peck Company Holdings, Inc. (NASDAQ: PECK) (Peck), a leading commercial solar engineering, procurement and construction (EPC) company and iSun Energy LLC. SMART operates in three primary product areas: Specialty Memory products, Brazil products and Specialty Compute and Storage Solutions. SGH’s businesses support customers in communications, storage, networking, mobile, industrial automation, IoT and industrial IoT, government, military, and computing including edge and high performance computing markets. View source version on businesswire.com:https://www.businesswire.com/news/home/20210105005923/en/. 83205yaa2 3690000.00000000 pa usd 3259516.08000000 0.086400086108 long dbt corp ky n 2 2026-02-15 fixed 0.02250000 n n n n y smart global holdings inc usd xxxx n n n ase technology holding co ltd 300300go8qhpmv87nz73. Investor Relations for SMART Modular delivers solutions to a broad customer base, including OEMs in computing, networking, communications, storage, mobile, military, aerospace and industrial markets. 00215w100 464500.00000000 ns usd 1895160.00000000 0.050235060410 long ec corp tw n 1 n n n qualcomm inc h1j8ddzkzp6h7rwc0h53. Connect with the definitive source for global and local news, https://www.businesswire.com/news/home/20210105005923/en/, Convertible debt discount OID and fees per share, Selling, general and administrative (1) (2). SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. Free eBook Downloads; Evaluate Your Performance; Blog; Contact; Search for: Go! About SMART Global Holdings – SGH. Adjusted EBITDA also does not purport to represent cash flow provided by, or used in, operating activities in accordance with U.S. GAAP and should not be used as a measure of liquidity. These statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including but not limited to: business and economic conditions and growth trends in the technology industry, our customer markets and various geographic regions; global economic conditions and uncertainties in the geopolitical environment; disruptions in our operations or in global markets as a result of the outbreak of COVID-19; changes in trade regulations or adverse developments in international trade relations and agreements; changes in currency exchange rates; overall information technology spending; appropriations for government spending; the success of our strategic initiatives including additional investments in new products, additional capacity and acquisitions; the DRAM market and the temporary and volatile nature of pricing trends; deterioration in customer relationships; production or manufacturing difficulties; competitive factors; technological changes; difficulties with or delays in the introduction of new products; slowing or contraction of growth in the memory market in Brazil; reduction in or termination of incentives for local manufacturing in Brazil; changes to applicable tax regimes or rates; prices for the end products of our customers; fluctuations in material costs and availability; strikes or labor disputes; deterioration in or loss of relations with any of our limited number of key vendors; changes in the availability of supply of materials, components or memory products; the inability of Penguin Computing to obtain and retain security clearances to expand its government business; and other factors and risks detailed in SMART’s filings with the Securities and Exchange Commission. 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