latest news releases from the newsroom
Virco Mfg. Corporation
Virco Declares Quarterly Cash Dividend
TORRANCE, Calif., Nov. 6, 2007 (PRIME NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq:VIRC) announced the declaration of a quarterly cash dividend in the following statement from Robert A. Virtue, President and CEO:
Magma Design Automation
Magma's Quartz DRC Runsets Qualified for TSMC's 45-nm Process Technology
SAN JOSE, Calif., Nov. 6, 2007 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of semiconductor design software, today announced the availability of Quartz(tm) DRC-qualified runsets for TSMC's 45-nanometer (nm) process technology. Combined with Magma software, the runsets provide designers with a complete, integrated implementation and verification solution that accelerates time to market and improves manufacturability of designs targeted for TSMC's advanced process technology.
2007 Chemical Deal Volume Likely to Surpass 2006 Levels According to PricewaterhouseCoopers
PHILADELPHIA, Nov. 6, 2007 (PRIME NEWSWIRE) -- Total chemical deal value for the first three quarters of 2007 exceeded total deal value for all of 2006 ($88 billion versus $51 billion, respectively), according to Chemical Compounds, PricewaterhouseCoopers' quarterly report on the state of transactions in the global chemicals industry, released today. Deal volume has been consistently high through the first three quarters of 2007. At the current year-to-date pace, 2007 deal volume is likely to surpass 2006.
Microsemi and O2 Micro Settle Litigation
IRVINE, Calif. and SANTA CLARA, Calif., Nov. 6, 2007 (PRIME NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of analog and mixed signal integrated circuits and high reliability semiconductors, and O2 Micro International Limited ("O2 Micro") (Nasdaq:OIIM) (SEHK:0457), a leading supplier of innovative power management and security components and systems, jointly announced today that they have reached a settlement covering the current patent litigation pending between the two companies before the United States District Court for the Eastern District of Texas -- Marshall Division. As part of the settlement, the parties will dismiss all claims against each other and enter covenants not to sue each other and each other's direct and indirect customers on O2 Micro's U.S. Patent Nos. 6,259,615, 6,396,722 and 6,804,129 and on Microsemi's U.S. Patent Nos. 5,615,093, 5,923,129, 5,930,121 6,198,234 and 6,870,330 for four years.