Finance

ARM reckons it may have a 20% share of the server IC market in five years time.

Microsemi has agreed to acquire Vitesse Semiconductor is a cash offer which values the communications chip firm at $389m. The attraction to Microsemi is likely to be Vitesse’s strength in networking and telecoms infrastructure chips which capitalise on the growth of 4G mobile services and Gigabit Ethernet enterprise networks.  Vitesse’s product technologies include switching, timing and encryption for  4G/LTE networks ...

Stadium Power has opened an R&D centre in Norwich for the development of power products and it is looking to recruit engineers. Stadium is relocating its engineering team from its manufacturing facility in Diss to the design centre on the Norwich Research Park. The company is also planning to recruit engineers and to set-up graduate programmes. The R&D centre will also ...

Entries are invited for the annual ‘Create the Future’ design contest sponsored by Mouser and ADI.

Worldwide sales of semiconductor manufacturing equipment rose 18% to $37.5 billion last year, says SEMI.

Cambridge Consultants has agreed a finance facility of £6.2m from Barclays. According to the design company, this will finance expansion of the business and create space for an additional 100 staff at its Science Park headquarters. The company, which specialises in wireless communications, medical technology, consumer and industrial markets, has plans to increase capacity for almost 600 staff. “The company ...

Pickering Interfaces has seen a 50% improvement in export sales to China, and the Essex-based company acknowledges the support of UK Trade & Investment (UKTI). Pickering’s switching and sensor emulation products are used in high reliability sectors such as the automotive, military, aerospace and telecommunications industries. According to Pickering’s East Asian market development manager Shaun Fuller: “With less obvious potential for additional growth ...

The PC market will fall 4.9% from 308 million to 293 million this year says IDC.

Cambridge-based power electronics start-up Amantys has stopped trading. The company has struggled in the last 12 months to take its power semiconductor technology to global markets. This followed a venture funding of $8m in 2013. Amantys was formed in 2010 by former ARM executives and an academic from Cambridge University to develop a digital power platform for switching high current mosfets and ...

NXP is to buy Athena, the UK smart card specialist, to strengthen NXP’s offering in providing secure solutions across applications in IoT, Industry 4.0, Automotive and Identification.