RF & Microwave Industry News

Competing bidder amends offer to acquire ANADIGICS at $0.68 per share

ANADIGICS Inc. announced that one of the entities designated by the company's board of directors as an "Excluded Party," offered to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.68 per share net in cash, pursuant to an all-cash tender offer and second-step merger. The December 30, 2015 Proposed Merger Agreement raises certain material issues that need to be negotiated and resolved with the Excluded Party and there can be no assurance that those issues will be resolved to the satisfaction of the company's board of directors.


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ANADIGICS announces competing bidder offers $0.58 per share to acquire company

ANADIGICS Inc. announced that a competing bidder’s offer that the company disclosed on December 23, 2015 had been determined by the company’s board of directors to be a "Superior Offer" delivered to the company sometime after 9:00 p.m. Eastern Time on December 29, 2015 an amended proposed merger agreement pursuant to which the bidder has increased its per-share offer price to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis from $0.54 to $0.58 net in cash, pursuant to an all-cash tender offer and second-step merger.


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New Meteosat antenna tested in Hertz chamber

An innovative antenna assembly destined to serve Europe’s coming generation of weather satellites has been put to the test within ESA’s cavernous Hertz chamber, which can reproduce the boundless reaches of space. Developed by Thales Alenia Space Italy, the UHF and L-band combination patch-array antenna has been designed to operate aboard Meteosat Third Generation Imaging satellites.


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ANADIGICS announces GaAs Labs has matched $0.54 per share offer

ANADIGICS Inc. announced that affiliates of GaAs Labs LLC delivered to the company a proposed further amendment to the previously announced November 11, 2015 agreement and plan of merger pursuant to which GaAs Labs offered to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.35  net in cash, pursuant to an all-cash tender offer and second-step merger, which amendment, among other things, increases the per-share offer price to $0.54.


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Spectrum releases new streaming system with continuous data up to 3 GB/s

For applications requiring extended electronic waveform acquisition and generation, Spectrum has announced a new storage system that works with their PC-based digitizer and generator cards to dramatically increase possible recording and replay times. The new system can be used with any of Spectrum's M2i, M3i or M4i series of PCIe digitizer or waveform generator cards and delivers data storage sizes from 1 to 32 TB with full support for continuous data streaming at rates up to 3 GB/s.


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