Philips signs up for processor IP portfolio
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Royal Philips Electronics has become the 23rd company in as many months to purchase a Moore Microprocessor Patent portfolio license, and the third major European company to purchase a license following Schneider Electric, Nokia Corporation and Lego.
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Alcatel-Lucent sells Avanex stake
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Alcatel-Lucent announced it has sold its remaining shares in Avanex Corp., supplier of integrated photonic subsystems, integrated optical modules and passive optical components, to the Pirelli Group. The transaction amounted to <nobr>33.4 million</nobr> <nobr>($48.1 million)</nobr>.
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ASE’s sales, profits jump
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Advanced Semiconductor Engineering Inc. (ASE), the world’s largest independent provider of IC packaging and testing services, reported sales of NT$27,733 million ($855.3 million) for the third quarter of 2007, up 4 percent year-over-year and up 19 percent sequentially.
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Cisco plans new $100 million venture fund in India
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Cisco Systems Inc. will invest another $100 million in early-stage Indian technology companies, doubling venture funding it announced two years ago as part of its $1.1 billion investment plan for India.
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Commentary: Expanding the DFM market
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Apache’s acquisition of Optimal is another clear signal that the EDA industry is adapting to provide designers with tools that allow them to work on the entire system, not just parts that have different physical characteristics.
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Qimonda relaunches Aeneon brand
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Memory maker Qimonda has announced to re-position its Aeneon brand. Instead of no-name PCs, Aeneon will be associated with channel sales. The Qimonda brand will be connected to B-to-B and contract markets, explains the company.
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