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Daredevil Chipmaker Exec Crashes Stunt Plane







Daredevil Chipmaker Exec Crashes Stunt
Plane

Daredevil Chipmaker Exec Crashes Stunt
Plane
07/09/2004 02:57 PM

Micron chairman injured during photo session for an upcoming corporate presentation.




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Daredevil Chipmaker Exec Crashes Stunt Plane

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Can anyone tell me why an entire news cycle was taken up by the crash of a plane full of tourists? Of course it's a tragedy for the dead and their families, but once terrorism was ruled out early on, why was it the headline for the day and the lead story every hour on the radio news? Slow news day? Yeah, except for a probe about to land on another planet. And Afghanistan on the verge of giving itself a constitution. And the New York Times claiming that Pakistan is the hub of the international traffic in the...

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Warrior Concepts International, a professional self-protection and personal development academy located in Sunbury, Pennsylvania, has just released a unique and powerful video that teaches anyone how to beat assailants, muggers, and other would-be attackers before they're ever in danger. The video, called "Danger Prevention Tactics: Protecting Yourself Like a Pro," also provides little-known secret tactics and strategies for escaping from terrorist attacks, plane and train crashes, and more. But the best part is, you don't have to be Houdini or James Bond to make the lessons work. [PRWEB Apr 12, 2005]

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Wizdom Announces Award of Phase II DoD
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Wizdom Announces Award of Phase II DoD
SBIR to Research Methods to Increase
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Focal Plane Arrays Produced by Rockwell
Scientific are Crucial to Nation’s
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12/17/2004 06:40 PM
Wizdom Systems, Inc., a leading consulting and engineering services company has been awarded a Phase II Small Business Innovative Research grant from the Missile Defense Agency (MDA) to research process and control methods that will significantly increase the yield in the production of Focal Plane Arrays (FPA), devices crucial to the successful deployment of the nations missile defense system. The project is managed by the Air Force Research Laboratory; Space Vehicles Directorate. Wizdom is teamed with Rockwell Science Center RSC of Thousand Oaks, California, which is the end producer of the FPAs. This grant marks Wizdom’s tenth SBIR awarded by the Federal Government. [PRWEB Oct 29, 2004]

Chipmaker Atheros files for IPO


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Chipmaker IDT to buy rival ICS for $1.7
billion


Chipmaker IDT to buy rival ICS for $1.7
billion
06/17/2005 03:46 PM

Semiconductor maker Integrated Device Technology (IDT) has reached an agreement to take over rival Integrated Circuit Systems  (ICS) in a cash-and-stock deal valued at around $1.7 billion.

"This is merger of two successful companies," IDT Chief Executive Officer Greg Lang said during a conference call with analysts. "We believe this is a complementary fit bringing scope and scale to both companies."

Santa Clara, California-based IDT generated net income of $13 million last year on $391 million in sales of its semiconductor devices for networking equipment. ICS, headquartered in Norristown, Pennsylvania, had net income of $78.5 million on sales of $272.1 million in its last fiscal year.

Lang, who will remain CEO of the combined company, said the two vendors have some competitive overlap in the communication and PC component market, but also have diverse product portfolios in other areas, like the digital TV and military device markets. He expects the acquisition to extend IDT's product line while saving the enlarged company up to $50 million a year, within the next four years, by reducing redundant spending.

ICS CEO Hock Tan will become chairman of the combined company's nine-member board, to which IDT will designate five directors and ICS will appoint four.

The deal calls for ICS shareholders to receive 1.3 shares of IDT stock and $7.25 in cash per ICS share, a combined value of around $23.54, based on Wednesday's closing price of IDT shares (ticker symbol: IDTI) on the Nasdaq exchange. In Thursday trading, IDT shares dropped 8 percent to close at $11.51, while ICS (ICST) shares rose 10 percent, to $21.77.

Pending shareholder and regulatory approvals, the companies expect the deal to close toward the end of 2005.

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