Magma Design Automation Inc. announced that the third and final patent at issue in its lawsuit with Synopsys Inc. has been accepted for re-examination after the U.S. Patent and Trademark Office (PTO) found substantial new questions of patentability as to all 54 of the patent's claims.
Hoku Materials, a division of Hoku Scientific, Inc. has announced it plans to build a $220 million polysilicon production plant in Pocatello with a payroll of 200 when the plant initiates operations. The City of Pocatello has reserved 450 acres of vacant land for Hoku's facilities and future expansion.
INFICON has been awarded a contract valued at USD 3 million from a major U.S. semiconductor equipment manufacturer for its UL5000 Helium Leak Detectors. Deliveries are expected to begin this quarter and will continue through 2010.
Evans Analytical Group LLC ("EAG"), announced that in the last two weeks of December, it has acquired five additional companies: Cascade Scientific Ltd. and Cascade Scientific GmbH (collectively "Cascade Scientific"); Nano Science Corporation ("Nano Science"); Shiva Technologies, Inc. and Shiva Technologies Europe SARL (collectively "Shiva Technologies"). EAG has also signed a Letter of Intent to acquire Shiva Technologies' affiliated lab in Bangalore, India.
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.