Zix secured a USD 100m convertible preferred equity commitment from True Wind
Capital and USD 200m debt commitment from SunTrust Bank and KeyBanc Capital Markets.
Capital is a San Francisco-based private equity firm that is focused on investing in leading technology companies in the lower middle-market and middle-market with a broad mandate including software, IT services, internet, semiconductors, industrial technology, and hardware.
"In true Wind
In The Willows style, these voles should soon be busy burrowing into the muddy banks."
This no-powder wind-checker uses advanced vapor technology to create puffs of "smoke" that reveal the true wind
direction no matter how slight and variable the breeze might be blowing.
Teams seemed to have chosen a top target speed somewhere above 40 knots, and then sailed surprisingly deep angles on the downwind legs--up to 160[degrees] off the true wind
To help fund the acquisition, THE SWITCH has announced an equity investment from True Wind
Capital that will support the company's next phase of growth.
Because rotors are incorporated onto the wing, all OBG systems incorporate rigid wings, and because these systems are capable of presenting the rotors with apparent wind speeds several times greater than the true wind
, the rotors can be sized substantially smaller than conventional turbines.
This provided what may be the first direct measurement of the true wind
speed of the jet stream, which was clocked at about 300 to 450 mph (500 to 720 kilometers per hour) -- much faster than anyone previously thought.
Every ground-school graduate knows how to compute a magnetic heading using true airspeed, magnetic variation, true wind
velocity and the leg's true course.
It then uses a built-in GPS system to convert the apparent wind to true wind
speed and direction, displaying it for the operator's review.
Discreetly miked in this remarkable acoustic (such true wind
clarity, and space for string tone to bloom), all the dynamic nuances and eloquent colourings of a reading which otherwise might have impressed for technical brilliance alone came through.