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RF Micro Devices Announces Financial Results

Fri, 02/25/2005 - 9:24am

RF Micro Devices, Inc. announces its December 2004 quarterly highlights: quarterly revenue totals are $168.9 million; quarterly GAAP net income per share equals $0.00 and pro forma net income per share equals $0.02; POLARIS™ TOTAL RADIO™ shipments total approximately 1.8 million units; wireless connectivity business unit posts 21% sequential revenue growth; and the company commences in-house module assembly in Beijing facility.

Racal Instruments Wireless Solutions is Now Aeroflex

Aeroflex announces that it has changed the name of Racal Instruments Wireless Solutions (RIWS) to Aeroflex. The adoption of the new name completes the transition of RIWS to the Aeroflex brand. Aeroflex purchased the Wireless Solutions Group based in Burnham, England, from Racal Instruments Group Holdings on July 31, 2003.

Agilent Technologies to Acquire Wavics

Agilent Technologies Inc. and Wavics announce an agreement for Agilent to acquire Wavics, a Korean-based designer and manufacturer of power amplifier modules for the worldwide mobile handset market. Wavics’ patented technology is expected to strengthen Agilent’s leadership in power amplifiers and front-end modules, and enable customers to design smaller handsets with more features and extended talk time.

AirMagnet Receives Funding From Intel Communications Fund

AirMagnet, the leader in wireless LAN (WLAN) security and performance solutions, today announced that it is receiving an investment from Intel Communications Fund. This investment will be used to help expand the company's solutions to manage wireless in the mobile enterprise. As one of its first projects, AirMagnet will implement its Enterprise SmartSensor software on Intel® based Access Point (AP) reference platforms, starting with the Intel® IXP425 network processor, to provide Wireless Intrusion Detection System (WIDS) solutions for Intel partners and channels.

WJ Communications Completes Acquisition of Telenexus, Inc.

WJ Communications, Inc. announces that it has completed its previously announced acquisition of Telenexus, Inc. of Richardson, TX. Telenexus is a RFID company that develops high quality, innovative RFID products for a broad range of industries and markets.

Cadence Caps 2004 with Solid Q4 Execution

Cadence Design Systems, Inc. reports strong results for the fourth quarter and the full year 2004. Fourth quarter revenues were $343 million, compared to $311 million for the same period last year. Full year revenues totaled $1.20 billion, an increase of 7% over 2003 total revenues of $1.12 billion. On a GAAP basis, Cadence recognized net income of $60 million, or $0.20 per share, in the fourth quarter of 2004, compared to net income of $15 million, or $0.05 per share, in the same period last year. On a full year basis, Cadence net income for 2004 was $74 million, or $0.25 per share, compared to a net loss of $18 million and a diluted net loss per share of ($0.07) for the year 2003.

Recent DoD Contract Wins Pave Way For HYPRES To Develop RF Linearization Technology

HYPRES, Inc. has received two contracts totaling more than $2.2 million from the Department of Defense to develop new, digital RF linearization technology for the military’s future wireless communications systems. Under the terms of a Navy Phase II SBIR contract—awarded by the Space and Naval Warfare Systems Command (SPAWAR) on behalf of the Program Executive Office, Command, Control, Computers, Communication, Intelligence and Space (PEO C4I & Space)—valued at $1.492 million, and an Army Phase II SBIR contract valued at $730,000, HYPRES will harness the power of its SME technology to develop and produce RF digital linearization circuits for wideband applications.

National Instruments Acquires Design Automation Company Electronics Workbench

National Instruments announces the acquisition of Electronics Workbench (EWB). By providing more seamless integration between test and design tools such as NI LabVIEW and Multisim, engineers and scientists can decrease design-cycle time by comparing simulations to real-world data.

Microfabrica and MOSIS Introduce Manufacturing Service

Microfabrica has partnered with MOSIS to introduce EFAB® Access, a multi-project run service to offer Microfabrica's breakthrough 3-D micromanufacturing technology. EFAB Access gives companies, universities, research labs, and individuals the ability to design three-dimensional MEMS and microdevices and have their prototypes produced through MOSIS.

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