Business
Telemis Strategy Sees Year-on-year Growth
Telemis, the specialist in medical imaging solutions, has announced that, despite the challenging global economic environment, it continued to grow year-on-year revenues from 2009 to 2010. The company attributes its successful growth to a strategy that combines innovative technology, focused geographic expansion and increased engagement with medical OEMs (original equipment manufacturers).
A123 Systems Announces Second Quarter 2010 Financial Results
A123 Systems today announced financial results for the quarter ended June 30, 2010.
Hemisphere GPS Reports Growth in Second Quarter
Hemisphere GPS, a designer and manufacturer of advanced GPS products, today reported financial results for the second quarter ended June 30, 2010. All amounts in this news release are expressed in US dollars.
Honeywell Acquires E-Mon D-Mon Submetering Firm
The teaming of E-Mon's expertise in metering and extensive electrical distribution channel with Honeywell's resources and forward thinking energy initiatives is a win for all parties.
NanoKTN Facilitates Partnership between Bio Nano Consulting and The School of Pharmacy, University of London
The Nanotechnology Knowledge Transfer Network (NanoKTN), one of the UK's primary knowledge-based networks for Micro and Nanotechnologies, is pleased to announce the signing of a service level agreement (SLA) between two of its members, introduced by the NanoKTN at its Nano4Life event in February 2009. The SLA between industry-academia partnership specialist Bio Nano Consulting (BNC) and The School of Pharmacy, University of London, enables BNC to provide its clients with access to an increased pool of academic experts skilled in the fields of pharmaceutics, pharmacology and drug discovery.
Siano Expands Global Dominance: Launches Operations in Brazil and Nominates General Manager for LATAM
Siano Mobile Silicon (www.siano-ms.com), leading supplier of Mobile Digital TV receiver chips, announced today its newly established operations in Brazil. Heading the office is Mr. Pompilio Roselli, a veteran with over 15 years of experience and proven successes in the domestic telecommunications market. Mr. Roselli has been named Siano's General Manager for the entire Latin America (LATAM) region.
UL high-tech division bolsters preferred partner program with signing of G&M Compliance
Underwriters Laboratories (UL), a world leader in product safety testing and certification, announced today that G&M Compliance, a provider of product certification services, has signed a Preferred Partner Agreement with UL. The signing of the agreement with G&M Compliance expands UL's services for high-tech product safety certification, including global market access.
Underwriters Laboratories honors local heroes and provides safety awareness information at annual Chicago White Sox event
Underwriters Laboratories (UL), a world leader in product safety testing and certification, today announced it will once again host the Chicago White Sox's Annual Fire & Police Night on Wednesday, August 11 at U.S. Cellular Field. UL has sponsored the event since 2008, which pays respect to the thousands of Chicago fire and police professionals for their commitment to protecting the community.
Concentrix Solar, a Soitec company, announces inauguration of its first power facility in South Africa
Paving the way for solar power projects in South Africa, Concentrix Solar, a leading supplier of Concentrator Photovoltaic (CPV) systems and a division of the Soitec Group (Euronext Paris), announced today that it is going to inaugurate its first power facility in South Africa at the Aquila Private Game Reserve in Touwsrivier on September 1, 2010. This is the initial step in developing large-scale solar power projects in South Africa.
Spirent Celebrates Record Wireless Channel Emulator Product Revenue
Spirent Communications plc (LSE: SPT), a leading provider of wireless networks, devices and service testing, recently celebrated 87 percent year-over-year revenue growth for its SR5500 Wireless Channel Emulator in the second quarter of 2010, fuelling record first half revenue for the product. The SR5500 emulates physical radio channels and is used by the cellular industry for testing wireless receiver performance in base stations and mobile devices.
Real Intent Reports Success; Revenue Increased 76%
Real Intent Inc., the innovator in automating the intelligence of formal techniques for design verification, announced today that revenue for the first half of 2010 was up 76% when compared to the same period last year, and the company is on track, in its 11th year of business, to continue to help designers improve electronic design quality.
New UK Headquarters for ADC KRONE
ADC KRONE today announced the recent opening of a new, state-of-the-art headquarters for its business based in the United Kingdom (UK).
Agilent Technologies Reports Third Quarter 2010 Results
Agilent Technologies Inc. today reported revenues of $1.38 billion for the third fiscal quarter ended July 31, 2010, 31 percent above one year ago, or 24 percent excluding the effects of the Varian acquisition and recent divestitures(2). Third quarter GAAP net income was $205 million, or $0.58 per diluted share. Last year's third quarter GAAP net loss was $19 million, or ($0.06) per share.
ON Semiconductor Reports Second Quarter of 2010 Results
ON Semiconductor Corporation (Nasdaq: ONNN) today announced that total revenues in the second quarter of 2010 were $583.3 million, an increase of approximately 6 percent from the first quarter of 2010. During the second quarter of 2010, the company reported GAAP net income of $78.7 million, or $0.18 per fully diluted share. The second quarter 2010 GAAP net income included net charges of $24.7 million, or $0.06 per fully diluted share, from special items. Also included in the operating expenses during the second quarter of 2010 was approximately $4 million of acquisition related expenses. The special item details can be found in the attached schedules. During the first quarter of 2010, the company reported a GAAP net income of $63.0 million, or $0.14 per fully diluted share.
Global authentication urges more investment to tackle counterfeit cables
The International Authentication Association (IAA) is urging cable manufacturers to invest even more in anti-counterfeiting strategies and technologies, and not reduce their efforts in an attempt to save costs, during the current tough trading conditions.
Omniflex Wins award for Remote Monitoring Technology
The Technology Top 100 Awards are run annually with Top Companies competing for honours. A rigorous round of Interviews and evaluations are done by a team of adjudicators to select the qualifiers. From the list of Qualifiers a set of finalists are selected and re-evaluated for the Top awards in each category. Omniflex received runner up awards in two of the determining categories for the Prestigious Technology Top 100 Companies.
Wilson Process Systems ramps up board placement capabilities with Universal pick and place equipment
Wilson Process Systems (WPS), the leading contract manufacturer, is continuing its investment program to meet the needs of its customers as they ramp up, now that the economic climate is improving.
Data Foundry Breaks Ground on the Data Ranch Data Center
Data Foundry's Groundbreaking Ceremony took place Tuesday, August 3rd, for their $150M, 250,000 sq ft Greenfield Data Center project, the Data Ranch.
Data Foundry Breaks Ground on the Data Ranch Data Center
Data Foundry's Groundbreaking Ceremony took place Tuesday, August 3rd, for their $150M, 250,000 sq ft Greenfield Data Center project, the Data Ranch.
GOEPEL electronic expands GATE program in China
GOEPEL electronic, worldwide leading vendor of JTAG/Boundary Scan solutions compliant with IEEE1149.x announces the extended incorporation of Vayo Technology Co., Ltd into the global alliance program GATE™ (GOEPEL Associated Technical Experts).
Global authentication urges more investment to tackle counterfeit cables
The International Authentication Association (IAA) is urging cable manufacturers to invest even more in anti-counterfeiting strategies and technologies, and not reduce their efforts in an attempt to save costs, during the current tough trading conditions.
element14 research. refine. design.
element14, Premier Farnell's innovative online technology resource and community for electronic design engineers, has launched the industry's most comprehensive electronics industry legislation information portal. The new element14 legislation portal provides electronic design engineers with the latest updates, reference guides to complex and lengthy legislation, discussion groups, and a blog discussing the latest trends within the industry.
Magma Schedules First Quarter Earnings Call and Webcast for August 26, 2010
Magma® Design Automation Inc. (Nasdaq:LAVA) will conduct a live webcast and conference call to review financial results for its fiscal 2011 first quarter, which ended August 1, 2010.
Synopsys Announces Earnings Release Date and Conference Call for the Third Quarter Fiscal Year 2010
Synopsys, Inc. (Nasdaq: SNPS) announced it will report results for the third quarter fiscal year 2010 on Wednesday, August 18, 2010, after the market close.
Fairchild Semiconductor Reduces Debt Another $122 Million
Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance power and mobile products, today announced that on July 30, 2010 it voluntarily prepaid its B-1 incremental term loan of $121.6 million. The incremental B-1 loan, under its existing senior credit facility, had an interest rate of Libor + 2.50 percent. At current interest rates, this reduction in debt saves approximately $3.2 million annually in net interest expense.
Ramtron Reports 2Q2010 Financial Results
U.S. semiconductor maker Ramtron International Corporation (Nasdaq: RMTR), a leading developer and supplier of ferroelectric-based low-power memory and integrated semiconductor products, today reported that total revenue grew 66% to $18.3 million for the second quarter of 2010, compared with $11.0 million for the same quarter last year. Net income for the second quarter of 2010 was $357,000, or $0.01 per share, compared with a net loss of $302,000, or $(0.01) per share, for the second quarter of 2009. Second-quarter 2010 results included stock-based compensation expense of $409,000, and an income tax provision of $210,000. Product gross margin for the second quarter of 2010 was 49%, compared with 47% for the second quarter of 2009.
Maxwell Technologies Reports Second Quarter Financial Results
Maxwell today reported revenue of $29.6 million for its second quarter ended June 30, 2010, up 19 percent over the $24.8 million recorded in the same period in 2009. BOOSTCAP® ultracapacitor revenue increased by 48 percent, to $15.9 million in Q210, compared with $10.7 million for the same period last year. Sales of high voltage capacitor and microelectronics products totaled $13.7 million in Q210, down 2 percent from the $14.0 million recorded in Q209.
Cadence Reports Q2 2010 Financial Results
Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the second quarter of fiscal year 2010. Cadence reported second quarter 2010 revenue of $227 million, compared to revenue of $210 million reported for the same period in 2009. On a GAAP basis, Cadence recognized net income of $49 million, or $0.19 per share on a diluted basis, including $67 million in acquisition-related income tax benefit, in the second quarter of 2010, compared to a net loss of $74 million, or $(0.29) per share on a diluted basis, in the same period in 2009.
National Instruments Reports Record Q2 Revenue and Operating Income
National Instruments (Nasdaq: NATI) reported quarterly revenue for Q2 2010 of $212 million, representing a 39 percent year-over-year increase and an 11 percent sequential increase. For the first half of 2010, the company reported a 30 percent increase in revenue and a 15 percent increase in non-GAAP operating expenses, compared to the first half of 2009. GAAP operating expenses grew by 14 percent in the first half of 2010, compared to the first half of 2009. Growing non-GAAP expenses at half the rate of revenue delivers on the goal expressed by the company at the 2009 NIWeek Investor Conference.
Arm Holdings PLC reports results for the second quarter and half year ended 30 June 2010
ARM Holdings plc announces its unaudited financial results for the second quarter and half year ended 30 June 2010, demonstrating continuing progress in executing its strategy with multiple design wins taking ARM further into new markets.
AnalogicTech Reports Financial Results for the Second Quarter 2010
Advanced Analogic Technologies, Inc. (AnalogicTech, Nasdaq: AATI), an analog semiconductor company focused on powering innovative solutions in consumer electronics, computing, and communications markets, today reported financial results for the second quarter ended June 30, 2010.
Fairchild Semiconductor Reports Results for the Second Quarter of 2010
Fairchild Semiconductor (NYSE: FCS) today announced results for the second quarter ended June 27, 2010. Fairchild reported second quarter sales of $409.6 million, up 8 percent from the prior quarter and 47 percent higher than the second quarter of 2009.
NXP acquires Jennic to extend leadership in low power RF solutions for wireless applications
NXP Semiconductors today announced its acquisition of Jennic, a leading developer of low power RF solutions for wireless applications in smart energy, environment, logistics and consumer markets. The acquisition will see Jennic's state-of-the-art portfolio of 802.15.4 and Zigbee low power RF solutions integrated across a wide range of NXP's High Performance Mixed Signal products. Together, this provides NXP with a comprehensive wireless semiconductor platform for emerging technologies including eMetering, smart lighting, building automation, asset tracking and device remote controls.
STMicroelectronics Reports 2010 Second Quarter and First Half Financial Results
STMicroelectronics reported financial results for the second quarter and first half ended June 26, 2010.
Keithley Instruments Reports 31 Percent Sales Growth and Net Income of $5.6 Million for Third Quarter Fiscal 2010
Keithley Instruments, Inc. (NYSE:KEI), a world leader in advanced electrical test instruments and systems, announced results for its fiscal 2010 third quarter ended June 30, 2010.
Densitron Expands into South Africa with Electrocomp Appointment
Densitron just announced the appointment of Electrocomp Holdings as its distribution partner in South Africa. Densitron Display Solutions is pleased to announce the appointment of Electrocomp Holdings as its distribution partner in South Africa. The distribution agreement provides Electrocomp with access to Densitron's wide range of display technologies, and custom and Engineering Design offerings that cater for the needs of the industrial market place.
CSR expands audio expertise with acquisition of APT
CSR plc announced the acquisition of Belfast-based APT Licensing Ltd, (APT), following a successful three year collaboration under the CSR eXtension Partner Programme, which saw APT's professional quality audio compression brought to consumers on CSR's wireless audio platforms. The acquisition enables a tighter integration of the apt-x low latency audio compression CODECs with CSR's next generation audio products. The acquisition also enables CSR to substantially strengthen its offering in the growing real-time streaming audio market for mobile and wireless consumer applications and support its expansion into broader audio markets.
HARTING takes action against Chinese patent infringers
Patent infringements and plagiarism represents major problems in China, especially for the manufacturers of brand products. The HARTING Technology Group has taken resolute action against a Chinesecompany that had copied its connectors.
Record year for Lancaster electronic recycler
Electronic recycling business ShP Limited has more than doubled its turnover as UK businesses and consumers grow ever greener. Despite the recession, the Lancaster based business leapt to a £8m turnover, up from 3.9m in 2008. It now employs 80 people and is aiming for a £12m turnover in the next financial year.
Wireless Data Roaming Scores Big at World Cup
A cumulative audience of nearly 400,000 visiting soccer fans from all over the world came to South Africa in June to watch 32 countries compete in the 19th FIFA World Cup tournament. As they attended games and enjoyed the festivities they sent home pictures, videos and messages using email and messaging services, all over wireless data networks. As one of the largest eXchange service providers to enable inter-network roaming, Aicent, Inc. (www.aicent.com), recorded huge surges in network traffic during the competition, as much as 300 percent over the weeks just prior.
