latest news releases from the newsroom
Jensen & Møller Invest A/S
LeCroy Corporation Implements Additional Cost-Reduction Actions
CHESTNUT RIDGE, N.Y., March 18, 2009 (GLOBE NEWSWIRE) -- LeCroy Corporation (Nasdaq:LCRY), a leading supplier of oscilloscopes and serial data test solutions, today announced that it plans to take significant additional steps to further reduce its operating expenses as a result of market conditions that continue to worsen. The Company also announced that it has completed the repurchase of $14 million of its convertible bonds for an aggregate of $5.4 million, a discount of 62%.
Magma Design Automation
Magma Announces Agenda and Chairman for MUSIC Silicon Valley Users Conference
SAN JOSE, Calif., March 18, 2009 (GLOBE NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today revealed the agenda for the MUSIC users conference in Silicon Valley. Scheduled for April 2 in Santa Clara, the program will feature parallel tracks of technical presentations and tutorials given by Magma users, design industry experts and Magma's engineering research and development staff, and an exposition of Magma partners. Magma CEO Rajeev Madhavan will deliver a keynote address.