ANSYS Dips Into Cash Chest to Buy Apache Design Automation
ANSYS, (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, and Apache Design Solutions, a leading simulation software provider for advanced, low power solutions in the electronics industry, have signed a definitive agreement whereby ANSYS will acquire Apache . . . Continue
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MaxLinear Hires CFO
MaxLinear Inc., (NYSE:MXL) an upcoming provider of integrated RF and mixed-signal integrated circuits for broadband communication applications, named Adam Spice as its VP and CFO. . . . Continue
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Arkados Bails Out Chip Business, Sells Operations to STM
Arkados (OTCBB:AKDS), one of the pioneers of powerline communication technology, co-founding member of HomePlug Powerline Alliance, and a key player in recent establishment of IEEE 1901 powerline communication standard, has entered into a definitive asset purchase agreement to sell its semiconductor business to STMicroelectronics. . . . Continue
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Semiconductor IPOs Disappoint Investors, Big Losses Racked Up
The chart below shows the performance of semiconductor sector IPOs since the start of trading. Since InsideChips began tracking semiconductor IPO performance on January 1, 2005, only two companies, Hittite Microwave (HITT) and Cavium Networks (CAVM) fared well for investors who purchased the stock at the opening price -- 70% plus gain for investors. GSI Technology (GSIT) and Entropic Communications (ENTR) had modest gains (8 to10%). . . . Continue
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Renesas ELectronics
Renesas Electronics Corp. (REC) is moving to bolster its future position and to improve its profitability long term. While the merged Japan-headquartered company has walked away with the number position in microcontrollers, it has been struggling to get is complicated merger smoothly integrated. . . . Continue
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Ralink Technology
Ralink Technology was founded as a Taiwan company in November 2008 by four expatriate executives with a mission build a technology base of wireless LAN chipset solutions. The effort culminated in the first product shipments in 2003. Since the first product introduction, 175 million chips were shipped and the company became a leader in the 802 wireless LAN chipset business garnering about 25% market share. . . . Continue
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IDT Expands Market With Acquisition
IDT® (Integrated Device Technology; NASDAQ: IDTI), a provider of mixed signal semiconductor solutions that enrich the digital media experience, has acquired Mobius Microsystems, the leader in precision all-silicon oscillator technology. . . . Continue
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