The Focused Wave Technology (FWT) Venture Group has obtained US Patent 6,914,588 issued July 05, 2005. The patent enables the manufacture of antennas with a smaller size than conventional types. FWT antenna technology offers many designs and operating frequencies to commercial as well as government users.
Agilent Technologies Signs Agreement to Acquire the Business of Eagleware-Elanix
Agilent Technologies Inc. and privately held Eagleware Corp., which does business as Eagleware-Elanix, announce they have signed a definitive agreement for Agilent to acquire substantially all of the assets and business of Eagleware-Elanix. The transaction is subject to standard closing conditions. Financial details were not disclosed. The acquisition would bring together two product portfolios with many complementary capabilities. Agilent’s EEsof division is recognized as a leader in the high-frequency electronic design automation (EDA) market, especially in high-end tools. Eagleware-Elanix is noted for products that are easy to use and for its technological leadership in tools for high-frequency design synthesis.
ARC International Signs Licensing Agreement with a Leading Smartcard Technology Provider
ARC International announces that it has reached a license agreement with a leading high technology company and new licensee to ARC International. Valued at 𨀼,000, the deal gives the undisclosed customer wide-ranging access to ARC’s patented configurable technology.
Europe-based Wireless Products Benefit from AeroComm’s New Long-range Module
AeroComm Inc. announces its 868 MHz spread spectrum transceiver for products delivered to Europe. AeroComm is one of a few select companies to gain approval for an RF solution that operates in this highly restricted European band. On the date of its release, more than twenty expectant manufacturers have already designed the AC4868 transceiver into their products.
Azimuth Advances its North American Reach Through Distribution Agreement
Azimuth Systems, Inc. announces that it has signed a distribution agreement with ACA TMetrix. The agreement gives ACA TMetrix exclusive rights to resell the Azimuth W-Series test platform throughout Canada, strengthening Azimuth’s position as the leading worldwide provider of wireless network testing and performance validation solutions. In addition to its North American presence, the Azimuth W-Series is distributed throughout the Middle East, Asia and Europe.
ACG Optimizes Distribution Branch
ACG Identification Technologies GmbH announces the creation of ACG Distribution, a new division dedicated to the distribution of semiconductors for the manufacturing of advanced smart card and reader products. The bundling of ACG’s distribution activities in this separate division will lead to an optimization of the semiconductor supply chain. Serving contact and contactless reader manufacturers and card manufacturers as well as RFID transponder manufacturers, ACG’s new division offers access to the latest semiconductors for readers, smart cards and RFID transponders.
Agilent Technologies, Asylum Research Sign Joint Agreement To Develop Nanotechnology Measurements, Applications
Agilent Technologies Inc. and Asylum Research have signed a joint development agreement to collaborate on technologies and applications in the area of nanotechnology measurements. Agilent is also making an equity investment in the Santa Barbara-based company. Terms of the agreement have not been disclosed. The agreement announced will allow Agilent to begin developing new features for AFMs as well as gain more knowledge about AFM technologies and customer needs. It will also enable the companies to jointly develop techniques and applications by leveraging the technologies and strengths of each organization.
Anadigics Reports Results for Second Quarter 2005
Anadigics, Inc. reported second quarter 2005 net sales of $23.9 million compared to net sales of $21.8 million in the prior quarter and $22.7 million in the year ago quarter. The net loss for the quarter was $9.1 million or $0.27 per share compared with a net loss of $11.5 million or $0.34 per share in the prior quarter and $11.7 million or $0.36 per share in the year ago quarter. For the six months ended July 2, 2005 net sales were $45.7 million compared with $43.9 million in the six months ended July 3, 2004. The net loss was $20.5 million or $0.61 per share compared with $24.5 million or $0.77 per share in the prior year.
Empower Technologies Announces Wipro, Ltd. The Authorized LDK5910 Service Provider and System Integrator
Empower Technologies and Wipro, Ltd. announce the signing of a Letter of Engagement. Under the terms and conditions of the engagement, Empower has appointed Wipro as the authorized service provider and system integrator of LDK5910 the first LEOs Development Kit for Texas Instruments’ OMAP5910 dual core processor. LEOs stands for LinuxDA Embedded Operating System, it is a Linux based operating software optimized for OMAP5910 dual core embedded processor. With Wipro, Empower will have access to a large outsourcing client base to promote its LDK5910. Also under the engagement, Wipro will provide third party development and support services to Texas Instruments or Empower’s referred LDK5910 clients. Wipro will receive a portion of every copy of the LEOs licensing fee on any of their LDK5910 clients that has successfully developed and shipped the first LEOs embedded OMAP5910 products in commercial quantities for a limited period of time in addition to the consulting fees Wipro has collected.
Cadence Reports Q2 Revenue up 12% over Q2 2004
Cadence Design Systems, Inc. reported second quarter, 2005 revenue of $321 million, an increase of 12 percent over the $287 million reported for the same period last year. On a GAAP basis, Cadence(R) recognized net income of $0.5 million, or $0.00 per share in the second quarter of 2005, compared to $4 million, or $0.01 per share, in the same period last year.
WJ Communications Announces Financial Results
WJ Communications, Inc. announces results for its second quarter ended July 3, 2005. The company also announced that effective for the second quarter of 2005, the company would recognize revenue from its distribution channels when the company's distributors have sold the product to the end customers (the "sell-through" method). The company had previously recognized revenue upon shipment to its distributors less estimated reserves for returns and pre-authorized price reductions (the "ship-to" method). As a result of changing the application of its revenue recognition policy regarding its distributors, the company will defer revenue recognition on approximately $4.1 million of products that remain in distributor inventories and have not sold through to end customers as of July 3, 2005. The company will recognize revenue on these products as the company's distributors sell the product to their end customers in future periods. Including the effect of the aforementioned $4.1 million adjustment, revenue for the second quarter of 2005 was $4.0 million, derived primarily from the company's core business consisting of semiconductor components, multi-chip modules and RFID reader modules.
ECI Telecom Reports Net Increase
ECI Telecom Ltd. reports that its net income for the second quarter of 2005 reached $15.6 million, or $0.13 per share on a fully diluted basis. Revenues for the quarter reached $153 million, a 26% increase from $121 million in the second quarter of 2004 and compared with $145 million in the first quarter of 2005. Results for the quarter include a previously announced $10.4 million gain on the sale of a receivable from Brazilian carrier GVT, as well as a $3 million provision for an impairment of a loan granted by the company.
CSR plc: Acquisition of UbiNetics' Software Business for $48 Million
CSR announces that it has entered into an agreement with UbiNetics Holdings Limited to acquire UbiNetics' software business, for a cash consideration of $48 million. UbiNetics is based in Cambridge UK and specializes in communication protocol software for mobile phone manufacturers. The acquisition will be financed entirely from CSR's existing cash resources.
Fairchild Semiconductor Establishes Chicago Power Design Center for Industrial and Consumer Applications
Fairchild Semiconductor adds to its growing number of worldwide Global Power Resource Design Centers with the addition of the Chicago, Illinois laboratory. This design center provides expertise in quasi-resonant designs offering less noise, lower EMI and higher efficiency than hard-switching, fixed-frequency designs in applications such as color TVs and set-top boxes. Additionally, Fairchild's quasi-resonant designs offer design engineers the advantage of a highly integrated solution that combines a MOSFET and controller in one package. Cost-sensitive designs in industrial and consumer applications can realize a lower overall system cost through a reduction in the amount of filtering as well as heat sink size and by the reduced number of components.