MHS Electronics in receivership
December 16, 2008 //
MHS Electronics, a privately held electronic component and systems maker near Nantes, France, announced the opening of insolvency proceedings at the Commercial Court of Nantes on Dec. 5, 2008.
PARIS MHS Electronics, a privately held electronic component and systems maker near Nantes, France, announced the opening of insolvency proceedings at the Commercial Court of Nantes on Dec. 5, 2008.
MHS Electronics said the Commercial Court of Nantes decided on Dec. 10, 2008, to put the company into receivership for a six-month observation period so as to consider a recovery plan. The plan will be defined with the help of an official receiver appointed by the Commercial Court so as to help the company overcome this difficult period.
The year 2008 was tough for MHS. Due to a 20-percent decline of activity, the company took some measures to reduce costs in July. This plan consisted in the suspension or the cessation of some research programs and the implementation of a synergy and efficiency program with the other entities of the group.
Although those measures have borne fruits, they could not suffice. The uncertainty of the worldwide market, the lack of visibility for 2009 and a tight cash flow indeed encouraged MHS to open insolvency proceedings, the company indicated.
MHS Electronics, a subsidiary of the French MHS Industries holding company, is a silicon foundry provider of specialized analog and mixed-signal technologies.
In December 2005, French group XbyBus acquired Atmel Fabrication SAS on the production site of La Chantrerie, near Nantes, and created MHS SAS (Micro components High Security). To preserve its flexibility and break with Atmel's business model based on large volumes, the company focused on groundbreaking technologies.
Since the acquisition of the Atmel Nantes Fabrication SAS, and of the Zarlink Analog Foundry activities in Swindon, UK, in March 2008, the company is composed of
Sensors for wearable electronics on 40% CAGR
March 05, 2015
Wearable electronics will be the big opportunity for sensors after margins shrink in smartphones and tablet computers, according ...
Understanding capacitors, ripple and self-heating
Fan-out wafer level packaging fills gap to 3D, says Yole
Sony switches to OLEDs to upgrade VR helmet
Tower makes IR sensor for Intel RealSense
Polymer blend improves solar cell efficiency by 200 percent
March 04, 2015
A University of Cincinnati research partnership has developed a blend of polymers which could make solar cells stronger, ...
Stress tracker tames drivers
Glass coated cathode promises lithium-sulfur battery performance gains
Femtocell improves in-car mobile connectivity
- High Performance Portable DC Bench Power Supply: Save Money and Free Up Bench Real Estate by Building Your Own
- Software-Defined Radio Handbook
- A Four-Quadrant DC/DC Switching Regulator Smoothly Transitions from Positive to Negative Output Voltages for FPGA and Other Applications
- LED Driver with Integrated Spread Spectrum Reduces EMI without Adding Flicker
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
To ensure you have a good start in 2015, Freescale is giving away five of its QorIQ TWR-LS1021A Tower system modules, worth USD269 each, for EETimes Europe's readers to win.
The module is the most feature-rich and high-performance Tower system offered by Freescale, enabling compatibility and interoperability with the growing list of Tower expansion modules, offering an easily accessible...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.