GLENVIEW, IL-- Illinois Tool Works made it official today, announcing the acquisition of VS Acquisition Holding Inc., the parent company of Vitronics Soltec. Terms of the transaction were not disclosed.
VS Acquisition Holding Inc. will be a wholly owned business unit of ITW and part of the company's existing power systems and electronics businesses, ITW said in a press release, and will operate as a separate business under the Vitronics Soltec name.
SAN JOSE --
Tessera Technologies this morning announced that it has been informed that the International Trade Commission has overturned a recent court decision to stay the company’s patent infringement action against Motorola, Freescale, Qualcomm and others.
Tessera said it was notified orally of the decision, and that a written notice should be available soon.
LONDON -- China's consumer electronics market is expected to grow at a compound annual average of 12% from 2007 to 2011, says research firm Report Buyer.
That's a tick higher than the 11.71% CAGR China posted from 2002 to 2006.
BOSTON – A new report notes that the semiconductor design IP sector grew to $1.5 billion in revenue in 2007, up approximately 11% year-over-year, a slower growth than in previous years.
Yet in a twist, the success of IP for RF and wireless applications has indirectly contributed to slower growth for the semiconductor design IP sector overall, says a new report.
Research firm Strategy Analytics claims, “Getting even a fraction of the IP cores on offer by more than 90 firms to work together, especially in SoCs for wireless devices, is a difficult challenge, but one made easier if done under one roof.”
ENDICOTT, NY – Endicott Interconnect Technologies has entered into a sales and manufacturing agreement under which Unimicron Technology will produce CoreEZ organic substrates. No financial terms were announced.
Under terms of the agreement, EI maintains control of design and technical support for CoreEZ. Unimicron will manufacture substrates at one of its Taiwanese facilities.
LAS VEGAS – Christopher Associates will have a drawing at 5:00 pm on April 1 at its Apex booth for three pairs of tickets to the 7:00 pm Blue Man Group show at the Venetian Hotel.
The Blue Man Group stage show combines percussion-driven music, flashy special effects and instruments made from plastic piping into a visual extravaganza.
All trade show visitors are invited to leave a business card at the company's booth (1439) for the drawing. Winners must be present to claim the tickets.