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Maxim Acquires Mobilygen for H.264 Silicon

Maxim Integrated Products agreed to acquire Mobilygen, a privately held, fabless semiconductor company specializes in H.264 video compression, for an undisclosed sum. Maxim said…

NETGEAR Warns on Q3 Revenues

NETGEAR warned that its net revenue for the third quarter ended September 28, 2008 is expected to be in the range of $173 million…

Aricent Names Ex-Wipro Exec as CEO

Aricent has named ex-Wipro veteran Sudip Nandy as its new CEO, replacing Ash Bhardwaj who has resigned to pursue other interests. Previously, Mr. Nandy…

U.S. Bailout Bill Extends R&D Credits

The financial bailout bill passed by the U.S. Congress and signed by President Bush last week (H.R. 1424 – Emergency Economic Stabilization Act of…