Lucid Information Technologies has announced the completion of $12 million equity financing for its Series B Preferred Shares. Intel Capital led the round with the participation of its existing investors, Genesis Partners and Giza Venture Capital.
Virtus Advanced Sensors has entered into a strategic collaboration agreement with several Taiwan-based UMC Group companies including Unimicron, and affiliated MEMS foundry ChipSense. UMC is the parent company of Unimicron.
Arrowhead Research Corporation announced that its majority-owned subsidiary, Unidym, has entered into a collaborative agreement with the Institute of Materials Research and Engineering ("IMRE") in Singapore to develop organic light emitting diodes ("OLEDs") incorporating transparent electrodes made of carbon nanotubes.
Mentor Graphics Corporation has announced that Samsung Electronics India Software Operations (SISO) has selected Mentor's 0-In suite of verification tools for hardware development. SISO Pvt. Ltd., based in Bangalore, is a wholly owned subsidiary of Samsung Electronics Company Limited, South Korea.
Cypress Semiconductor Corp. has announced its membership in the Universal Powerline Association (UPA). As a member, Cypress will leverage its expertise in connectivity and high-definition video to promote the UPA's digital home standard (DHS) for high-speed networking over power lines, the only power line communication standard currently producing silicon at the industry-leading data-rate of 200 Mbps.
Fairchild Semiconductor has announced it will appeal a judgment by the Intermediate People's Court of Shenzhen, Guangdong Province, People's Republic of China, in favour of Zhongxing Telecom Ltd. (ZTE).
UMC has announced that the construction for its second 300mm fab in Taiwan is now fully underway, as part of the next step in the company's continuing expansion of its manufacturing complex in southern Taiwan's Tainan Science Park.
Danish-German technology company Hymite A/S, has announced closure of its Series Preferred B financing round totalling € 9.0 million (DKK 70 million) by a European consortium of VCs consisting of TVM Capital (Germany), InnovationsKapital (Sweden), Dansk Kapitalanlæg, Vaekstfonden, and IVS (all Denmark).
Magma Design Automation Inc. has announced that a U.S. district court's decision in the patent litigation between Magma and Synopsys Inc. denied Synopsys' requests to halt the re-examination process of one of the patents at issue.