ON Semiconductor Acquires ADI’s CPU Voltage, PC Thermal Monitoring Business
ON Semiconductor Corporation (NASDAQ: ONNN) announced that it has signed a definitive agreement to acquire voltage regulation and thermal monitoring products for computing applications from Analog Devices, Inc. (NYSE: ADI). Pursuant to the agreement, ON Semiconductor will acquire certain assets and intellectual property related to the product line and will enter into a one-year manufacturing supply arrangement for a total consideration value of approximately $185 million in cash. This amount also includes consideration for the one-year manufacturing supply arrangement. These products represented approximately $80 million in revenue for ADI through the twelve months ended Nov. 3, 2007.
MKS Instruments Acquires Privately Held Yield Dynamics
MKS Instruments, Inc. (Nasdaq: MKSI), a leading worldwide provider of monitoring and control technologies for improving productivity in semiconductor and other advanced manufacturing processes, announced that it has acquired privately held Yield Dynamics, a provider of yield management technology based in Sunnyvale, California. The acquisition is expected to be slightly accretive going forward, and is not expected to materially affect MKS’ near term financial results.
Dolby Laboratories Acquires Coding Technologies
Dolby Laboratories, Inc. (NYSE:DLB) announced that it has signed a definitive agreement to acquire Coding Technologies AB, a privately held provider of audio compression technologies for the mobile, digital broadcast, and Internet markets, for a purchase price of approximately $250 million net of cash. This acquisition will broaden Dolby’s technology portfolio and expertise for emerging low-bandwidth media applications. The acquisition is expected to close very soon and the closing mechanics are currently in process. Certain minority equity interests of Coding Technologies will remain outstanding and will be subject to mandatory buyout procedures under Swedish law.
KEMET Creates First 35 Volt Rated Polymer Tantalum Capacitor
In its continuing commitment to lead the industry in capacitance technology, KEMET Corporation (NYSE: KEM) announces the release of the first-ever 35V rated surface- mount polymer tantalum chip capacitor.
ArcSoft Unveils Embedded Imaging Solutions at 6Sight Future
ArcSoft, Inc. announced three new embedded software imaging solutions at the 6Sight Future of Imaging conference. The solutions optimize photos taken in common situations encountered by amateur photographers, and are available as software development kits (SDKs) for digital cameras and camera phones.
Solicore to Demonstrate Embedded Power Security Solutions
Every day, businesses, financial institutions and consumers rely on computer networks for sensitive tasks, sending private information across the perilous cyberspace—an area haunted by identity thieves. This reliance on electronic networks to facilitate secure transactions and their highly-publicized breaches has led directly to an imperative need for increasingly sophisticated security systems in the form of Powered Cards and Dynamic or One Time Password (OTP) security cards. According to a recent study by NanoMarkets, LC, the market for thin-film and printable batteries is projected to expand to a $5.6 billion dollar industry through 2015, a growth of over 40,000 percent from today.
Virginia Tech, TORC Technologies Place Third in DARPA Urban Challenge
Virginia Tech, along with TORC Technologies, won the $500,000 third place prize last weekend at the Defense Advanced Research Projects Agency (DARPA) Urban Challenge. In a close race with teams from Carnegie Mellon and Stanford universities, the Virginia Tech team used National Instruments (Nasdaq:NATI) LabVIEW software and CompactRIO hardware in its vehicle. Virginia Tech’s team, Victor Tango, was one of only six robotic teams to finish the 55-mile DARPA Urban Challenge course.
Xilinx Virtex-5 LXT FPGA Wins EDN China Innovation Award
Xilinx, Inc. (Nasdaq: XLNX), the world’s leading supplier of programmable logic solutions, announced that its Virtex(TM)-5 LXT FPGA family won the prestigious EDN China Innovation Award for Best Product of 2007 in the Digital IC and PLD category. At an awards ceremony held at the 2007 EDN China Innovation Conference in Shenzhen, the 65-nm Virtex-5 LXT platform was recognized for its ultra-fast ExpressFabric(TM) technology, proven ASMBL(TM) architecture, low-power triple-oxide technology and hardened PCI Express core.
Pace Outsources Set-top Box NPI, Prototyping to PartnerTech
Pace Micro Technology plc (LSE:PIC), the leading independent developer of digital TV technologies for the global pay TV industry, has selected PartnerTech, one of Europe’s leading contract manufacturing companies, to provide a fast-turnaround new product introduction (NPI) and prototyping service covering its market leading range of digital set-top boxes. The business will be fulfilled from PartnerTech’s UK facilities in Poole and Cambridge.