INDUSTRY NEWS
REMEC Inc. and Spectrian Corp. have entered into a definitive merger agreement through which REMEC will acquire Spectrian for approximately $160 M in stock and cash.
SEMX Corp. has completed the sale of the stock of its wholly-owned subsidiary American Silicon Products BV to North East Silicon Technologies Inc. In related news, SEMX announced that its Semiconductor Packaging Materials Co. division widened its activity, beyond wire manufacturing, in Southeast Asia. A new subsidiary company that offers tape-and-reel services has been launched.
UltraRF Inc. , a wholly-owned subsidiary of Cree Inc. , has changed its name to Cree Microwave Inc. The UltraGold™ brand will continue as the recognized product designation for Cree Microwave.
Advanced Power Technology Inc. (APT) has formed Advanced Power Technology RF . This newly formed organization and brand is the result of the integration of the RF businesses of APT and of two recent RF acquisitions, GHz Technology Inc. and Microsemi RF Products .
United Monolithic Semiconductors (UMS) has started a new operation in North Andover, MA, to be more reactive to American customer needs and provide better service. The new operation will include sales, customer service support services and a MMIC design center. The new site can be reached at: UMS Corp. LLC, 43 High St., North Andover Mills, North Andover, MA (978) 946-9295 or e-mail labasse@us.ums-gaas.com.
Nutwood UK Ltd. announced the constitution and formation of a new trade association comprising companies involved in EMC. At an inaugural meeting held in London, 32 companies elected to form the new association, which will be known as EMCIA, the EMC Industries Association. Membership of the newly formed association is open to all EMC suppliers, manufacturers and consultants, as well as other relevant associations.
SV Microwave has moved into a new 40,000 square foot facility in West Palm Beach, FL. The facility is located adjacent to Palm Beach International Airport and includes manufacturing, assembly, inventory, research and development, quality assurance and administrative offices.
CST of America Inc. has moved its headquarters to 10 Laurel Avenue, Suite 300, Wellesley Hills, MA 02481. The phone, fax and e-mail remain the same: (781) 416-2782, fax (781) 416-4001 and info@cst-america.com.
Raythoen Co.'s RF Components business has formed a strategic alliance with WIN Semiconductors Corp. to produce next generation components for the wireless telecommunications market. Under the terms of the agreement, WIN will product 6" wafers utilizing RF Components' 3-micron InGaP HBT process and guarantee RF Components access to a portion of its' foundry capacity.
e-tenna Corp. has reached an agreement with K&L Microwave under which K&L is licensing e-tenna's variable delay line (VDL) technology, a critical variable delay circuit for feedforward amplifiers. Under the terms of the agreement, K&L will begin manufacturing and selling the mechanically tunable VDLs immediately.
Cascade Microtech Inc. and Microvue have entered into a strategic agreement to provide RF test software that significantly improves design engineer's productivity when characterizing and modeling RF devices on-wafer. This software, Wavevue Measurement Studio, is designed to increase the productivity of RF design engineers by providing faster and more accurate testing of advanced semiconductor devices for high speed telecommunications and computing devices.
Jazz Semiconductor has entered into a joint manufacturing and marketing agreement with MEMSCAP , a provider of micro-electro-mechanical systems solutions. Under the terms of the agreement, Jazz will manufacture SiGe wafers and MEMSCAP will add on-chip passive components such as high Q inductors, high value capacitors and other high performance passive components using its post-processing technology.
WJ Communications Inc. has strengthened and expanded its agreement with Richardson Electronics . Under the terms of the agreement, Richardson will operate as the sole, worldwide distributor for WJ's complete line of RF semiconductor products including amplifiers, mixers, FETs and frequency converters.
AMI Semiconductor has become the first pure play semiconductor company to achieve TL9000 certification. TL9000 is a globally recognized quality management system designed specifically for the development, production, delivery, installation and maintenance of telecommunication products and services worldwide.
Palomar Technologies has received ISO 9001 certification. The certification applies to all phases of the company's quality management system, including planning, design, manufacture, sales, service and customer satisfaction.
Radio Waves has obtained ISO 9001 certification by National Quality Assurance USA. For the company, the receipt of ISO was an important step in maintaining its sales growth.
The quality management system of MECA Electronics Inc. was recently certified by DNV to the ISO 9001:2000 standard for the design, manufacture, marketing and sale of customized RF and microwave signal and control products including power divider/combiners, directional and hybrid couplers, fixed attenuators and terminations.
Altra Broadband , a subsidiary of Ansoft Corp. , announced its inception into the 10-gigabit Small Form-factor Pluggable Module Group, a module Multi Source Agreement association. The purpose of the group is to develop a common specification for multi-sourcing application-agnostic, ultra-small form factor, 10 Gbps modules for the telecommunications, data communications and storage area network markets.
The IEEE has named Robert C. Hansen , president of R.C. Hansen Inc., as recipient of the 2002 IEEE Electromagnetics Award. The award recognizes Hansen for his contributions to the field of antennas.
FINANCIAL NEWS
Andrew Corp. reports sales of $199.7 M for the second quarter ended March 31, 2002, compared to $239.1 M for the same period in 2001. Net income was $3.3 M (4¢/diluted share), compared to $8.2 M (10¢/diluted share) for the second quarter of last year.
REMEC Inc. reports sales of $59.1 M for the first quarter ended May 3, 2002, compared to $58.9 M for the same period in 2001. Net loss was $5.2 M (21¢/diluted share), compared to a net loss of $9.2 M (21¢/diluted share) for the first quarter of last year.
Ansoft Corp. reports sales of $15.6 M for the fourth quarter ended April 30, 2002, compared to $14.1 M for the same period in 2001. Pro forma net income was $2.8 M (20¢/diluted share), compared to a net loss of $525 K (4¢/diluted share) for the fourth quarter of last year.
SEMX Corp. reports sales of $7.1 M for the first quarter ended March 31, 2002, compared to $14.1 M for the same period in 2001. Net loss was $3.2 M (53¢/share), compared to a loss of $143 K (5¢/share) for the first quarter of last year.
Merrimac Industries Inc. reports sales of $6.85 M for the first quarter ended March 30, 2002, compared to $6.09 M for the same period in 2001. Net income was $143 K (5¢/diluted share), compared to a net loss of $31, 000 (1¢/share) for the first quarter of last year.
Xpedion Design Systems Inc. has received a new round of funding totaling $12.5 M. The round was led by Menlo Ventures . With this investment, Xpedion's total capital rasied to date is $19 M.
Envara Inc. has raised $15.5 M in a series C round. Participants in this round include all the current shareholders who participated in the company's A and B round (Gemini, Giza, Evergreen, Koor, STI Ventures and Challenge Funds) plus new Asian-based investors including NIF Ventures, Hontung Ventures, Triton Ventures, Paralink Ventures and Vincera Ventures.
CONTRACTS
TECOM Industries Inc. , a TRAK Communications company, has been awarded a contract from Naval Air Systems Command Weapons division in China Lake, CA. The contract is valued at over $1.3 M and consists of TECOM flight telemetry guidance antenna systems and command destruct antenna systems for the Navy's HARM to be used in their missile test and evaluation program.
Merrimac Industries Inc. was awarded a $600 K multi-year contract from General Dynamics Decision Systems, a business unit of General Dynamics, to supply microwave components for target detection devices for the Navy's STANDARD Missile Program. The STANDARD Missile is a surface-to-air and surface-to-surface missile mounted on Navy surface ships.
Microwave & Video Systems Inc. (MVS) , a division of Micronetics Wireless , has received the first phase of an Air Force contract for microwave integrated assemblies. Contract enhancements and options would add over $2 M to the basic contract schedule to run for three years.
Endwave Corp. has entered into a multi-year, multi-million dollar contract with Lockheed Martin Missiles and Fire Control Co. to design the RF receiver unit for the Comanche Radar system used in the Boeing RAH-66 Comanche Helicopter. The contract calls for Endwave to design the Radar RF Receiver unit, and to manufacture and deliver prototype and evaluation units that will be used in qualification trials within the complete radar system.
MI Technologies recently received an order from Delphi Corp. for the company's Fuba® Reception Systems for a complete antenna test and measurement system. The equipment is designed to aid in the design, development and validation of a wide range of automotive antennas.
PERSONNEL
RF Micro Devices Inc. has named Bob Bruggeworth company president. Previously, Bruggeworth was president of the company's wireless products group. Bruggeworth will assume responsibility for the company's global operations.
e-tenna Corp. has appointed Steven Grossman as president and CEO. Grossman joins the company from Hynix Semiconductor (formerly Hyundai Electronics) where he was senior VP and general manager of its Flash Memory Business unit.
John B. Backhouse , currently a consultant to Smiths Industries Interconnect Division, has been elected president of the European Packaging and Interconnection Industry Association (EPIA). EPIA is concerned with all aspects of business relating to the interconnect and electromechanical components industry in Europe.
SV Microwave has hired Mike Wisner as VP of sales and marketing. Wisner brings extensive industry experience and previously served in a similar position with Huber + Suhner.
Xpedion Design Systems Inc. has hired Richard Lazansky as VP of product development. Lazansky brings more than 20 years of commercial software development and engineering experience to the company.
Rockwell Collins has appointed D.W. Helgeson as VP and general manager of business and regional systems for commercial systems. A 27-year employee of the company, Helgeson most recently served as VP, business development for government systems.
TECOM Industries Inc., a TRAK Communications company, has named Elissa Seidenglanz director of government business development. Previously, Seidenglanz was the director of business development, military aircraft electronic systems for Northrop Grumman's Navigation Systems division.
ETS-Lindgren has appointed George R. Lyman industrial business development manager for its shielding group. Most recently, Lyman served as Pacific Northwest and Midwest regional sales manager for Schlegel Systems. He has a 23-year background in marketing and sales for electromechanical products and services.
NEW MARKET ENTRIES
T&E Repco is a newly formed manufacturer's representative covering Florida, Georgia, Alabama, Tennessee, North and South Carolina. T&E lines consist of RF and microwave connectors, cable and cable assemblies, as well as coaxial and waveguide components. For further information, contact: Ernest DeVita (561) 630-7330 or e-mail terepco@aol.com.
Lionheart Northwest is a newly formed manufacturer's representative organization based in the Seattle area and covering Washington, Oregon and Idaho plus British Columbia. Products include RF and microwave power amplifiers, high power combiners, isolators/circulators, couplers, coaxial cable, coaxial switches, filters, VCOs and EMC test instruments and systems. The company can be contacted at: Lionheart Northwest, PO Box 2350, Redmond, WA 908073.
REP APPOINTMENTS
Hittite Microwave Corp. has appointed two new sales representative firms to serve customers in Asia. Planet Technology Ltd. will handle sales in mainland China and Hong Kong, while MEDs Technologies Pte. Ltd. will cover Singapore, Malaysia, Indonesia and the Philippines.
APLAC Solutions Corp. has signed a distributorship agreement with Marubeni Solutions Corp. (MSOL) of Japan, authorizing MSOL to represent APLAC Solutions products and collateral services in Japan.
Texas Instruments Radio Frequency Identification Systems (TI-RFid) has named R. Moroz Ltd. (RML) of Canada as an authorized distributor of TI-RF products. Under the terms of the agreement, RML has added the TI-RFid devices to its extensive line of products distributed throughout Canada.
AVX has awarded a full European distribution franchise to passives and connectors specialist, TTI . The deal means that TTI can sell the entire AVX product range from all of its European sales branches.
Sophia Wireless Inc. has appointed several manufacturer's sales representatives to sell the company's amplifiers, filters and optoelectronic amplifiers. BWS Microwave Marketing Inc. will cover Florida, Georgia, Alabama, South Carolina and North Carolina. Cetech Electronics Corp. is responsible for sales in Maryland, Virginia and Washington, DC. D&L Technical Sales territory consists of Arizona, New Mexico, southern Nevada and El Paso, TX. Rhino Engineering represents the company in Southern California and Strategic Marketing Associates will represent Northern California and northern Nevada. Val Technical Sales will cover New England and RF Electronic Sales Co. will cover New Jersey and New York.
Endwave Corp. has added two new sales firms to its nationwide sales network. dBm Technical Sales , Chelmsford, MA, will represent the company in the northeastern United States, including Massachusetts, Vermont, New Hampshire, Maine, Rhode Island and northern Connecticut. Koebert Associates , Glenside, PA, has been appointed to cover Virginia, Maryland, Delaware, Washington, DC, Pennsylvania and southern New Jersey.
Vishay Intertechnology Inc. has authorized Garrett Electronics to supply selected Vishay components to the North American market. The initial products being offered by Garrett are the passive components associated with the Vishay Dale, Vishay Sprague and Vishay Vitramon brand names.