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Palm settles HP acquisition suit; deal unchanged

June 9, 2010 3:05 pm | by The Associated Press | News | Comments

Palm Inc. says that it has settled a class action suit brought by shareholders who argued they did not get the best deal when directors approved the company's acquisition by Hewlett-Packard Co. for $1.4 billion in cash.The Sunnyvale, Calif.-based company did not disclose the terms of the...

Samsung invests $3.6 billion in Texas chip plant

June 9, 2010 2:05 pm | by The Associated Press | News | Comments

Samsung Electronics Co. said Wednesday that due to projected heavy demand for its advanced logic chips the South Korean company will invest $3.6 billion to expand capacity at its plant in Austin, Texas, and hire 500 more workers there by 2011.Samsung will raise its employee count at the...

NIST/JILA 'Dark Pulse Laser' produces bursts of... almost nothing

June 9, 2010 1:23 pm | by EurekAlert | News | Comments

(National Institute of Standards and Technology (NIST)) In an advance that sounds almost Zen, researchers at NIST and JILA, a joint institute of NIST and the University of Colorado at Boulder, have demonstrated a new type of pulsed laser that excels at not producing light.

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Adaptec to change name after sale of operations

June 9, 2010 1:06 pm | by The Associated Press | News | Comments

Adaptec Inc. will change its name to ADPT Corp. as part of the terms of the sale of its data storage hardware and software business to PMC-Sierra Inc. for $34 million in cash.Late Tuesday, Adaptec said the transaction has closed. PMC-Sierra adopted Adaptec's brand name and as such Adaptec will...

ICx Technologies wins contract for traffic center

June 9, 2010 1:06 pm | by The Associated Press | News | Comments

Sensor technology manufacturer ICx Technologies Inc. said Wednesday it has been awarded a $2.7 million contract by the city and county of Honolulu for a joint traffic management center.The contract could be worth up to $11 million with future funding. The join traffic management center will...

Deltek names Dhallan executive vice president

June 9, 2010 1:06 pm | by The Associated Press | News | Comments

Deltek Inc. said Wednesday it named Namita Dhallan executive vice president of product strategy and management, where she will be responsible for managing product and marketing strategy for the business software maker.Dhallan was previously chief products officer and group vice president at...

Rovi announces $160 million in cash gains

June 9, 2010 1:05 pm | by The Associated Press | News | Comments

Rovi Corp., a provider of TV listings data and related services, said Wednesday that it received $124 million in a tax rebate and another $36 million from escrow funds following its sale of the TV Guide channel and magazine.The increase in cash is partially offset by the $75 million Rovi spent...

MoSys and CEVA Partner to Deliver Integrated SATA 3.0 PHY and Controller IP Solution

June 9, 2010 12:59 pm | Product Releases | Comments

MoSys and CEVA have partnered to deliver a joint PHY plus Controller solution for SATA 3.0, for both Host and Device side applications. The combined solution unleashes the full potential of embedding 6Gbps SATA interfaces in next generation products by leveraging MoSys’ 6Gbps SerDes PHY and CEVA’s SATA 3.0 Controller IP.

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Professor predicts Brazil will win World Cup

June 9, 2010 12:21 pm | by Cornell University | News | Comments

Government professor Christopher Anderson, a former semi-pro soccer player, has launched a statistically based soccer blog. He predicts Brazil will take the cup in South Africa this summer.

Google's AdMob attacks Apple's new mobile ad rules

June 9, 2010 12:05 pm | by The Associated Press | News | Comments

The feud between Google and Apple is heating up again.The latest dispute centers on a proposed change that could hobble Google's ability to sell and place ads on Apple's iPhone and iPad.The executive in charge of Google's newly acquired mobile ad service, AdMob, attacked Apple's new...

Ebix triples share buyback to $15 million

June 9, 2010 11:05 am | by The Associated Press | News | Comments

Software maker Ebix Inc. said Wednesday that its board tripled its stock repurchase authorization, boosting potential acquisitions to $15 million.The previous authorization allowed the company, which provides software and online services for the insurance industry, to repurchase up to $5...

Defibtech DBP-2800 Battery Packs used in Lifeline AED and ReviveR AED: Recall

June 9, 2010 10:20 am | by FDA MedWatch | News | Comments

AED may falsely detect an error condition during charging for a shock, then cancel charge and not provide therapy, when used with an affected battery pack.

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Dell unveils state health services operations

June 9, 2010 10:05 am | by The Associated Press | News | Comments

Dell Inc., a computer maker and provider of technology services, on Wednesday unveiled a new practice that aims to help states get technologically ready for the requirements of health care reform.Leading the Dell State Health Services operations is Melissa Boudreault, who was director of the...

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Class D amplifier features automatic level control

June 9, 2010 10:00 am | Product Releases | Comments

Maxim Integrated Products introduces the MAX98500, a boosted 2.2W Class D amplifier designed for battery-operated portable devices. This device integrates a boost converter to provide a constant output power and, therefore, louder audio output over a wide range of battery supply voltages.

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Teoco to buy TTI Team Telecom for $58 million

June 9, 2010 9:06 am | by The Associated Press | News | Comments

Teoco Corp., which provides cost-management services to communications companies, said Wednesday it will acquire Israel's TTI Team Telecom International Ltd. for $58 million.TTI Shareholders will receive $3 per share at the deal's closing, Teoco said. News of the acquisition sent TTI shares...

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