CONTRACTS
Elcoteq SE—Announced that it has been awarded a multiyear contract by Redline Communications. The agreement with Elcoteq will enable Redline to accelerate production to meet the demand for its RedMAX™ family of WiMAX products and RedCONNEX™ broadband wireless-infrastructure solutions.
Elcoteq will be the primary EMS provider of manufacturing and new-product-introduction (NPI) services for Redline's RedMAX family of WiMAX Forum Certified™ base-station and end-user devices as well as its REDCONNEX backhaul products. Elcoteq will provide low-to-medium volume production, full system integration, and will offer Redline's customers enhanced after-sales service, such as warranty repair and order fulfillment. NPI and manufacturing services will be handles through Elcoteq's NPI center in the USA, and its facility in Juarez, Mexico.
LitePoint Corp.—Has completed a round of private equity funding from Sequoia Capital.
FRESH STARTS
Barry Industries—Announced their participation within the Modelithics CLR Library. The Modelithics is the industry's first and only substrate—and part value—scalable surface-mount model library, that now allows designers to de-embed pad parasitic effects, enabling user-specified pad effects to be applied. Barry featured products are scalable resistors with sizes as low as 0405 to 1206.
Hittite Microwave Corp.—Has released its first Microwave Modules & Subsystems Catalog, featuring full specifications on 42 microwave components and synthesizers for use in test and measurement, telecom, military, and space applications.
The Hittite Microwave Modules & Subsystems Catalog has been released in conjunction with Hittite's annual full-line catalog, the 2007 Designer's Guide, containing details on all of Hittite's 482 products.
To request a 2007 Microwave Modules & Subsystems Catalog, go to www.hittite.com and select the "Submit Inquiry" button.
MITEQ, Inc.—Announced the appointment of PhaseCom, Inc. as the company's exclusive sales representative in Texas. PhaseCom, Inc. will represent MITEQ's Component division of products, which includes amplifiers, mixers, frequency multipliers, passive power components, switches, attenuators, limiters, phase shifters, IF signal-processing components, oscillators, synthesizers, integrated multifunction assemblies, and fiber-optic products. PhaseCom, Inc. can be contacted at (817) 410-5790 or e-mail: [email protected].
Tampa Microwave—Added four new rep firms to its US sales network. Each of the new firms will handle all Tampa Microwave products, and their representation is effective immediately.
The new members of the Tampa Microwave US sales representative network are:
• TeraComm, 800 Village Walk #296, Guilford, CT 064372762; (203) 672-5943, Internet: www.terracom.com Territory: Massachusetts, Connecticut, Vermont, Maine, New Hampshire, New York, Maryland, northern New Jersey, Washington, DC, Virginia, West Virginia
Principals: Mike Carr and Greg Cyr
• C-Wave, 1426 Aviation Blvd., Suite 102, Redondo Beach, CA 90278; (310) 931-3521, Internet: www.cwaveinc.com Territory: Southern California
Principal: Chris Hordan
• Eastern Instrumentation of Philadelphia, 710 E. Main St., Moorestown, NJ 08057; (856) 231-0668, Internet: www.eiphila.com
Territory: Pennsylvania, Delaware, southern New Jersey Principal: Jerry Lomurno
• Dura Sales, 1925 S. Winchester Blvd., Suite 102, Campbell, CA 95008; (408) 378-0747, Internet: www.durasales.com Territory: Northern California
Principals: David Combs, Lock Han
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Lenthor Engineering—Announced the opening of a European sales organization under the name of Lenthor Europe. The main office is located in The Netherlands at Ninaberlaan 83, 7447 AC Hellendoorn. The phone number is 31-548-659019. A secondary office is located in France.
Agere Systems—Has updated its outlook for the second quarter of fiscal 2007, primarily as a result of inventory corrections at several leading customers in its networking and storage businesses. Based upon recent developments, the company now expects revenues in the quarter ending March 2007 to be approximately 12 percent lower than the $372 million reported in the quarter ended December 2006. The company does expect GAAP earnings per share to increase substantially versus the December 2006 quarter, reflecting the sale of its facility in Orlando, FL and continued strong expense control.
The company views this as a short-term revenue correction and not a fundamental change in its future business outlook.
Conexant Systems, Inc.—Announced that Dwight W. Decker plans to retire as the company's CEO in the fall of this year. The company's board of directors has established a search committee and initiated the process for selecting Conexant's next CEO. Decker, 57, will remain in his current position until a replacement is named and afterward is expected to continue serving the company as its non-executive chairman of the board.
Silicon Laboratories, Inc.—Has finalized the sale of the Aero product lines to NXP, formerly Philips Semiconductor.
Announced in February 2007, NXP purchased the Aero product lines, including the Aero transceiver, AeroFONE™ single-chip phone and power amplifier, for $285 million in cash. There is an additional earn-out potential of up to an aggregate of $65 million over the next three years based on the broad acceptance of AeroFONE technology.