Thursday, August 4, 2011

Samsung Electronics Acquires Grandis, Inc.

Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced acquisition of Grandis Inc. (based in Silicon Valley, California), a leader in spin transfer torque random access memory (STT-RAM). Grandis will be merged into those Samsung's R&D operations that are focused on developing the next evolution of memory, where new semiconductor materials and structures are reviewed for their long- term commercial value. With its expertise in next-generation memory solutions and strong technical capabilities, Grandis will contribute to Samsung’s continued development of cutting-edge memory semiconductor technologies and become a key part of the company’s global R&D network.

Effective late July, the acquisition includes the full scope of technology, assets and human resources under Grandis, Inc. Further details of the transaction were not disclosed.

Wednesday, August 3, 2011

M/A-COM Files for IPO

SEC S-1 and associated documents may be found here.

LOWELL, MA, August 1, 2011 - M/A-COM Technology Solutions Holdings, Inc. (M/A-COM Tech) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued and sold by M/A-COM Tech and a portion will be sold by certain stockholders of M/A-COM Tech.

Barclays Capital Inc., J.P. Morgan Securities LLC and Jefferies & Company, Inc. will act as joint book-running managers. Morgan Keegan & Company, Inc., Needham & Company, LLC, Raymond James & Associates, Inc. and Stifel Nicolaus & Company, Incorporated will act as co-managers for the offering. The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Barclays Capital Inc. at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at barclaysprospectus@broadridge.com or by calling (888) 603-5847, or J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling (866) 803-9204.