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Microtune Inc ( TUNE ) |
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High Tech
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Written by Editor
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Wednesday, 08 September 2010 09:42 |
Zoran Corporation to Acquire Microtune, Inc.
Microtune's Industry-Leading Silicon Tuner Technologies for the Set-Top-Box and DTV Markets Expand Zoran's Product Portfolio to Provide Complete End-to-End Solutions
Zoran Corporation (NASDAQ:ZRAN ) today announced that it has entered into a definitive agreement to acquire Microtune®, Inc. (NASDAQ:TUNE ). Under the agreement, Zoran will pay $2.92 in cash for each share of Microtune's common stock, resulting in a transaction price of approximately $166 million, or $84 million net of cash acquired. Both boards of directors have approved the transaction, which is expected to close after Microtune shareholder approval, regulatory clearance and satisfaction of customary conditions specified in the agreement. Zoran expects the acquisition to be accretive immediately following the close of the deal, which is expected to be in the fourth quarter of 2010.
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Nanometrics Incorporated ( NANO ) |
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High Tech
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Written by Editor
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Friday, 06 August 2010 09:22 |
Nanometrics Reports Second Quarter Financial Results
Nanometrics Incorporated (Nasdaq: NANO), a leading provider of advanced process control metrology systems used primarily in the fabrication of semiconductors, high-brightness LEDs, data storage devices and solar photovoltaics, today announced financial results for its fiscal second quarter ended July 3, 2010.
Highlights for the second quarter include:
- Record revenues of $50.8 million, up 37% quarter-on-quarter and 250% year-on-year;
- Gross margin of 55.1% including improved product gross margin of 57.6%;
- Operating margin of 25.4%;
- Record high quarterly earnings of $0.51 per diluted share;
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Silicon Image Inc ( SIMG ) |
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High Tech
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Written by Editor
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Wednesday, 28 July 2010 09:23 |
Silicon Image Achieves Revenue Growth and Profitability in the Second Quarter
Silicon Image, Inc. (NASDAQ: SIMG), a leader in semiconductors and intellectual property (IP) for the secure distribution, presentation and storage of high-definition (HD) content, today reported financial results for its second quarter ended June 30, 2010.
Revenue for the second quarter of 2010 was $44.6 million compared to $34.3 million for the first quarter of 2010 and $37.3 million for the second quarter of 2009.
GAAP net income for the second quarter of 2010 was $1.8 million, or $0.02 per diluted share, compared to a net loss of $7.2 million, or $0.10 per diluted share, for the first quarter of 2010 and net loss of $13.3 million, or $0.18 per diluted share, for the second quarter of 2009. GAAP net loss for the second quarter of 2009 includes pre-tax restructuring expenses of $7.1 million.
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Virage Logic Corporation ( VIRL ) |
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High Tech
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Written by Editor
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Thursday, 10 June 2010 10:17 |
Synopsys to Acquire Virage Logic Corporation
Acquisition Adds Embedded Memories with Test and Repair, Standard Cell Libraries, and Programmable Cores for Control and Multimedia Sub-systems
Synopsys, Inc. (Nasdaq:SNPS ), a world leader in software and IP for semiconductor design, verification and manufacturing, and Virage Logic Corporation (Nasdaq:VIRL ), a leading independent provider of semiconductor intellectual property (IP) for the design of complex integrated circuits, today announced they have signed a definitive agreement for Synopsys to acquire Virage Logic. Virage Logic's offering will complement Synopsys' DesignWare® interface and analog IP portfolio by adding embedded memories with test and repair, non-volatile memories (NVMs), standard cell libraries, and programmable cores for control and multimedia sub-systems.
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Zarlink Semiconductor ( ZL ) |
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High Tech
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Written by Editor
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Friday, 28 May 2010 09:59 |
Zarlink Delivers Strong Fiscal 2010 and Fourth Quarter Results
-- Accelerating customer demand for network timing and line circuit products drives year-on-year increases in net income, gross margin and cash
-- Quarter-on-quarter revenue increases by $4.1 million or 8% in Q4 Fiscal 2010, Company anticipates continuing growth in Q1, Fiscal 2011
Zarlink Semiconductor (TSX:ZL) today issued Fiscal 2010 year end and fourth quarter results for the 12- and three-month periods ended March 26, 2010. All figures are is U.S. dollars unless otherwise noted.
Fiscal 2010 Financial Highlights
-- Operating efficiencies and expense reductions drove GAAP net income of $7.7 million, or $0.05 per basic share, compared with a GAAP net loss of $29.5 million or $0.25 per share in Fiscal 2009;
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