Maxim Integrated Products Acquires Vitesse’s Storage Products Business
Vitesse Semiconductor Corporation (Pink Sheets:VTSS) announced a definitive agreement to sell a portion of its storage products business to Maxim Integrated Products, Inc. (NASDAQ:MXIM) for $63 million in cash and potential earn-out payments of up to $12 million in the aggregate. Vitesse also announced $30 million in new financing, which the Company will use, along with the sale proceeds, to repay its existing credit facility and to invest in its business.
Logic Supply Mini-ITX Mainboard Aims for the Stars
At Ironwood Observatory, Ken Archer has high hopes for the future of astronomy. He sips a cup of coffee, connects to the Internet, and with a simple click of a mouse, downloads images from the far reaches of the galaxy without ever leaving his home. In fact, the observatory remains stationed miles away from him, impervious to the effects of urban light pollution. The telescope is housed in a mobile, 7×8-foot, clam-shell design that can be placed in any optimal location. The unit is solar-powered, 100% autonomous, and can be completely controlled via the Internet.
Agilent Technologies Announces New Optical Polarization Solutions
Agilent Technologies Inc. (NYSE:A) has expanded its fiber-optic test portfolio with six new polarization analysis and control solutions for R&D and manufacturing of optical components and systems. These new Agilent products allow researchers and designers to fully characterize all polarization-related parameters with unmatched speed and accuracy. Agilent will show these products for the first time at the European Conference and Exhibition on Optical Communication (ECOC), Sept. 17-19, at the International Congress Centrum in Berlin, Germany, Agilent Booth 069 – 074, Hall 15.
Garmin Selects STMicroelectronics GPS Chipset
STMicroelectronics (NYSE: STM), a world leader in automotive semiconductors, announced it has launched volume production of its Teseo GPS engine designed for use in certain Garmin Portable Navigation Devices (PNDs) and handheld GPS receivers.
Physik Instrumente Introduces M-122 Mini Translation Stage
PI (Physik Instrumente) L.P. — a leading manufacturer of nanopositioning and precision motion-control equipment for bio-nanotechnology, photonics and semiconductor applications — introduces the M-122 palm-top-sized precision translation stage which combines compact dimensions, high dynamics & speed and very high accuracy at a competitive price.
Altium Announces NanoBoard Reprogrammable Platform Seminars
Altium Limited (ASX: ALU), the electronics design industry’s leading developer of unified electronic product development solutions, is holding a seminar road show in 16 cities across the United States and Canada in October and November. The sessions will unveil the powerful new features of Altium Designer and how they combine with Altium’s Desktop NanoBoard reprogrammable development platform, to give electronics design engineers new ways to design products. Altium Designer offers a unified approach to developing electronics products which allows for shorter development cycles, more intelligent designs and new opportunities for software and hardware engineers.