The private equity firm Sycamore Partners is looking to add the office supply chain to its portfolio of retailers.
NYS Entity Status
NYS Filing Date
MAY 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - GAD METAL SUPPLY INC
AROUND THE WEB
- Staples Is Said to Agree to $6.5 Billion Buyout
By MICHAEL J. de la MERCED - Wednesday Jun 28, 2017
- Rapper Common surprises students at NY school, donates money
By MESFIN FEKADU, AP Music Writer - Thursday Jul 20, 2017
Rapper Common surprises students at NY school, donates moneyNEW YORK (AP) — Oscar and Grammy winner Common surprised a group of New York students by donating $10,000 to help their teachers buy supplies like calculators and science kits.The rapper-actor partnered with the nonprofit AdoptAClassroom.org and Burlington Stores to give Renaissance School of the Arts in Harlem the funds on Thursday.Jadon-Li M. Antoine, an aspiring musician, actor and dancer, said Common's visit motivates him to keep aiming for his dreams.Burlington has been raising money from its 599 stores to help other schools, asking customers to donate $1 or more.
- Sycamore Plans to Split Staples into Three
Thursday Jun 29, 2017
Sycamore Partners intends to split Staples Inc. into three to help fund its $6.9 billion purchase of the office-supply seller, in another sign of the challenges facing the retail industry.
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The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
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- Vivo Unveils Screen-Embedded Fingerprint Sensor Technology at MWC2017 Shanghai
By Tim Hardwick - Wednesday Jun 28, 2017
As predicted, Vivo showcased fingerprint sensor technology embedded in a smartphone screen on Wednesday at the Mobile World Congress 2017 in Shanghai. The 'Under Display Fingerprint Scanning Solution' is based on Qualcomm technology and was demonstrated running on prototype devices based on the existing Vivo Xplay 6 phone.
Vivo claimed the under-display fingerprint solution, which doesn't require a physical button for the sensor, is "the first to be demonstrated by a smartphone manufacturer". The technology enables the use of a "true full-screen display and an integrated unibody and mechanical waterproofing design", said the company.
"In Vivo's R&D plan, fingerprint scanning will not be carried out by an independent button or region. It will be realised more subtly under the screen, behind the metal shell, or even in the frame.Vivo told Engadget that while the fingerprint scanning function was limited to a small region on the prototype devices, in theory the same sensing technology could be applied across the entire screen, but that it would significantly increase production cost.
"Based on ultrasonic technology, the fingerprint recognition technology can be further expanded to realize user interaction, such as gesture recognition, security verification and other fields, which will greatly enhance user experience."
Following the unveiling, Qualcomm issued a press release announcing the development of new fingerprint scanners that work through displays, thick glass, and metal, with underwater operation, heartbeat and blood flow detection.
"We are excited to announce Qualcomm Fingerprint Sensors because they can be designed to support sleeker, cutting-edge form factors, unique mobile authentication experiences, and enhanced security authentication," said Seshu Madhavapeddy, vice president, product management, Qualcomm Technologies, Inc. "This provides OEMs and operators with the ability to offer truly distinct, differentiated devices with added value on truly groundbreaking new devices."Qualcomm claimed the technology was capable of scanning through OLED display stacks "of up to 1200um", and was the first commercially announced to scan through up to 800 µm of cover glass and up to 650 µm of aluminum, an improvement over the previous generation's 400 µm capability for glass or metal. The company said it had designed the technology as an integrated solution with Qualcomm Snapdragon mobile platforms, and as standalone sensors that can be used with other non-Snapdragon platforms.
Qualcomm said the fingerprint sensors for glass and metal will be available to OEMs this month and should arrive in commercial devices in the first half of 2018. The sensors for displays are expected to be available to OEMs for evaluation in the fourth quarter of 2017.
Apple's upcoming "iPhone 8" is rumored to include a fingerprint-sensing display, but the company has reportedly faced significant challenges in its efforts to develop the technology for its radically redesigned flagship device, due to release in the fall.
Apple is currently in a major legal battle with Qualcomm over its LTE modems, so it seems unlikely the company would consider offering its technology for inclusion in future iPhones. However, the announcement at least demonstrates that the technology is viable, which lends further credence to reports that Apple has perfected its own screen-embedded fingerprint recognition solution. The technology will give Apple's OLED iPhone a significant advantage over its biggest rival, Samsung, which is expected to stick with a rear fingerprint scanner for this year's Galaxy Note 8.
Apple is expected to unveil the iPhone 8 and more traditional "iPhone 7s" and "iPhone 7s Plus" models around the usual September timeframe for iPhone updates, although rumors have suggested supplies of the more expensive OLED handset could be tight for up to several months after the official debut.
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