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“Our first quarter results were in line with the expectations we announced at the beginning of the year. The automotive and buildings markets were stable in the quarter and we benefitted from our record backlogs in both businesses,” said Stephen A. Roell, Johnson Controls Chairman and Chief Executive Officer. “Automotive …

Mosaid acquired the portfolio of more than 200 optical networking patents and patent applications in early 2011 from Italy’s PGT-Photonics S.p.A., a spinoff of tire manufacturer Pirelli & C. S.p.A.”I’m pleased that we successfully executed on our value enhancement and monetization strategy for the PGT-Photonics IP portfolio,” said John Lindgren, …

The purchase price is approximately $51.8 million, plus a potential earnout payment of up to $25 million payable in the first calendar quarter of 2013.For Picochip, Mindspeed will pay cash of $27.5 million and approximately 5.19 million in new shares of Mindspeed common stock, amounting to approximately 15 percent of …

Cliff Electronics, (Cliff UK) has won a long and complex court case to protect its trademark and products sold in the USA from counterfeiting.In 2008 Cliff Electronics discovered that a Cliff-branded product returned under complaint from an end user was not manufactured by an authorized Cliff company or in any …

ST-Ericsson, a joint-venture of STMicroelectronics and Ericsson announced the appointment of Didier Lamouche as president and chief executive officer of the Company effective December 1, 2011. Mr Lamouche, chief operating officer of STMicroelectronics, has served on the board of ST-Ericsson since April 2011 and brings more than twenty-five years of …

The growth of dynamic random access memory (DRAM) content in PCs—traditionally the biggest market for the memory—is beginning to decelerate due to the rising popularity of ultrabooks and cloud computing, along with weak near-term economic conditions, according to a new IHS iSuppli report.Average DRAM content this year in notebook computers …

As part of branding measures, KSW Microtec AG (KSW) changed its company name to Smartrac Technology Dresden GmbH.KSW was acquired by Smartrac on December 14, 2011. The integration of KSW’s business into the Smartrac Group commenced shortly after the acquisition. The change of name of KSW to Smartrac Technology Dresden …

The companies that Bishop tracks in this market segment grew an average of 1.6% in the first three quarters of 2011 over the first three quarters of 2010, and the combined net income was a mere 0.3% (down 92% year-over-year). Of the 13 market sectors that Bishop tracks, Consumer saw …

The Company has discussed in various earnings calls and in prior investor presentations that it intends to continue its restructuring efforts within Europe, primarily within its Film and Electrolytic segment, with various facility closures.These closures are expected to commence during the company’s next fiscal year that begins in April 2012. …

Although hard disk drive (HDD) supplies in the first quarter commenced their recovery from the disastrous floods that struck Thailand in late 2011, a full recovery of production is still months away, with unit shipments not expected to return to annual growth until the third quarter, according to IHS iSuppli.Due …