latest news releases from the newsroom
Magma Design Automation
Magma Software in TSMC Reference Flow 8.0 Qualified for 45-Nanometer Process Technology
SAN JOSE, Calif. and HSINCHU, Taiwan, June 4, 2007 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of semiconductor design software, and Taiwan Semiconductor Manufacturing Company, Ltd. (TSE:2330) (NYSE:TSM) today announced that Magma's Blast and Talus(tm) design implementation software, Quartz(tm) SSTA statistical analysis, Quartz DFM and SiliconSmart(r) DFM are included in TSMC Reference Flow 8.0. The Magma system addresses the design challenges and variability that emerge in 45-nanometer (nm) process geometries. Reference Flow 8.0 includes statistical timing analysis for intra-die variation, automated DFM hot-spot fixing and new dynamic low-power design methodologies.
Kratos Defense & Security Solutions, Inc.
WFI Announces Close of $46 Million Sale of U.S. Wireless Engineering Business to LCC International
SAN DIEGO, June 4, 2007 (PRIME NEWSWIRE) -- WFI (Nasdaq:WFII), a leader in information technology solutions, command and control systems, weapon systems operations and maintenance, enterprise security solutions and the deployment and management of 3G, 4G, WiMAX and other wireless broadband communication networks, announced today that it has completed the previously announced transaction to sell its U.S. Wireless Engineering business to LCC International (Nasdaq:LCCI). The transaction is valued at $46 million in total consideration, with $17 million received at closing, approximately $7 million in retained accounts receivable to be collected over the next few months, and the balance of approximately $22 million to be paid in accordance with the terms of a subordinated promissory note which was delivered at closing. As previously indicated, the note includes an interest rate escalation feature to encourage early payment by LCC, which both LCC and WFI believe could occur by the end of the year.
QLogic Executives to Present At Bear Stearns Technology/Communications/Internet Conference
ALISO VIEJO, Calif., June 4, 2007 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that H.K. Desai, CEO, and Tony Massetti, senior vice president and CFO, will present at the Bear Stearns 18th Annual Technology/Communications/Internet Conference on Tuesday, June 12, 2007 at 10 a.m. Eastern Time in New York City. The conference will be held at the Grand Hyatt New York.