Elron Electronic Industries Ltd. has announced that ChipX Corporation, 29% held by Elron has completed the acquisition of the US ASIC business assets of Oki Semiconductor Company, a division of Oki America Inc.
ColorChip has announced that it has completed a $7.4 million funding led by Vertex Venture Capital, joining existing investors including Bessemer, Eurofund , Motorola , Polytechnos and Walden Israel Venture Capital.;;
Dongbu Electronics and Dongbu Hannong Chemicals, both publicly held Korean companies that operate within The Dongbu Group, have announced that their respective boards have agreed to a merger, effective in May 2007.
Silicon Valley Solar announced that they have finalized an agreement with ErSol that will ensure the supply of high efficiency cells to support the development and early production stages of the company's Sol-X2 internal concentrator solar modules.
Avago Technologies has announced the U.S. District Court for the Northern District of California has denied Elan Microelectronics Corp.'s motion to dismiss for non-infringement of Avago's U.S. patents 6,433,780 and 5,786,804 in the patent infringement lawsuit Avago filed against Elan in Dec, 2004.
The potential development of a new highly sensitive biochip based on silicon nanowire technology will soon revolutionise the detection and analysis of RNA and DNA, which is central to many areas of healthcare and the life sciences, ranging from uncovering and diagnosing disease to the discovery and screening of new drugs.