RF & Microwave Industry News

Mercury Systems receives $4.1M in orders for digital signal and image processing modules

Mercury Systems Inc., a leading high-tech commercial provider of more affordable secure and sensor processing subsystems powering today’s critical defense and intelligence applications, announced it received $4.1 million in orders from a leading defense prime contractor to provide digital signal and image processing modules for an unmanned airborne ISR application. The orders were booked in the Company’s fiscal 2015 fourth quarter and are expected to be shipped over the next several quarters.

 

 


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Freescale RF revenue drops four percent in Q2

Reflects slowing wireless CapEx spending
Announcing fiscal second quarter 2015 earnings results, Freescale reported RF segment revenue of $177 million, 3.8 percent below Q1 and 48 percent above last year's second quarter. The segment's revenue comes primarily from LDMOS power transistors used in cellular base stations. The company attributed the sequential decline to "slowing wireless capital expenditure spending in major markets, including China." The LTE build-out in China has fueled strong growth in the RF segment through 2014 and 2015, despite the slight decline in Q2.
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Technicolor to acquire Cisco connected devices division

 Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million (or $600 million equivalent) in a cash and stock transaction, reviewed by the Boards of Directors of the two companies, which will be on a cash free, debt free basis. The acquisition should result in Technicolor’s Connected Home segment reaching adjusted EBITDA in excess of €200 million by year end 2016 and best-in-class profitability (i.e.8-9% adjusted EBITDA margin) by 2017. 


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