Mindspeed buys assets of W-CDMA chip vendor
July 26, 2011 // Dylan McGrath
Network infrastructure chip maker Mindspeed Technologies Inc., has said it acquired substantially all of the assets of San Diego-based wideband code division multiple access (W-CDMA) signal processing SoC vendor IPG Communications Inc. Financial terms of the deal were not disclosed.
IPG specializes in advanced signal processing technologies for W-CDMA 3GPP standard release 8, which deliver significant cost and power advantages, Mindspeed (Newport Beach, Calif.) said. IPG also designed a dual-mode turbo decoder which combines W-CDMA and long-term evolution standards, reducing the memory and logic complexity compared with standard decoders, Mindspeed said.
"The team at IPG has established a strong reputation for exceptional communications systems design, software-defined radio expertise and dual-mode wireless development," said Thomas Medrek, Mindspeed’s senior vice president and general manager of communications convergence processing, in a statement.
Mindspeed said it expects the deal to be immaterial to its fiscal third quarter and full year earnings per share.
Also Monday, Mindspeed reported product revenue for the quarter ended July 1 of $42.2 million, an increase of 10 percent from the previous quarter but a decrease of 3 percent compared with the year-ago quarter. The company reported a net income in accordance with generally accepted accounting principles (GAAP) of $464,000, or 1 cent per diluted share, compared to a GAAP net loss of $759,000 in the prior quarter and a GAAP net income of $4.9 million in the year-ago quarter.
"Our market leadership in 4G wireless is driving customer engagements with a multitude of original equipment manufacturers for a variety of basestation applications targeting key service provider 4G/LTE rollouts worldwide, most of which are expected to enter field trials in calendar 2012," said Raouf Y. Halim, Mindspeed's CEO, in a statement.
Mindspeed said it expects revenue for the current quarter to be between $42.2 million and $43.9 million, flat to up four percent sequentially.
AMS, Dialog merger talks fail
July 22, 2014
Talks over a possible merger of mixed-signal chip companies AMS (Unterpremstaetten, Austria) and Dialog Semiconductor plc ...
MIT wrist-robot adds extra fingers
Monolithic Power Systems signs with Avnet Memec
Thoughts on energy harvesting for wearable equipment
Will laser ignition replace the venerable spark plug?
Merger creates powerhouse in micro imaging software
July 21, 2014
Digital Surf, a Besancon, France based provider of surface imaging and metrology software for microscopes and profilers, ...
'Hot carrier' study opens solar cell efficiency advances
Google Glass' killer app: surveillance
ABB, Volvo develop fast charging system for buses
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
- Dual 13A μModule Regulator with Digital Interface for Remote Monitoring & Control of Power
- Exploring the Business Model Evolution of High-Tech Equipment Manufacturers
InterviewCEO interview: China, not Apple, is way to go, says mCube CEO
Ben Lee, CEO of MEMS startup mCube, explains why he wants to spend $37 million on being a supplier of sensors to Chinese ODMs and avoiding a design win with Apple or Samsung.
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
This month, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
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.