Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million (or $600 million equivalent) in a cash and stock transaction, reviewed by the Boards of Directors of the two companies, which will be on a cash free, debt free basis. The acquisition should result in Technicolor’s Connected Home segment reaching adjusted EBITDA in excess of €200 million by year end 2016 and best-in-class profitability (i.e.8-9% adjusted EBITDA margin) by 2017.
Custom MMIC, a leading developer of performance driven monolithic microwave integrated circuits (MMICs), is pleased to announce the appointment of Seaport Technical Sales, Inc. as their new technical representative covering the Pacific Northwestern territory, including Idaho, Montana, Washington, Oregon and British Columbia.
Joining a growing sector of Granite State manufacturers, TRM Microwave of Bedford has transitioned to a certified woman-owned small business. The decision to transfer the future of TRM, a major supplier of defense-related passive RF components, from Anthony Tirollo to current CEO Wendy Tirollo coincides with the company’s 45th anniversary.
Isola Group, a market leader in copper-clad laminates and dielectric prepreg materials used to fabricate advanced multilayer printed circuit boards (PCBs), announced that Andrew Jor has been promoted to executive director, business development-Asia, and Dick Leung has been promoted to director of regional business – Hong Kong and South China.
Custom MMIC, a developer of performance-driven monolithic microwave integrated circuits (MMICs), is pleased to announce the awarding of a Phase II Small Business Innovative Research (SBIR) contract from the United States Navy, entitled “Gallium Nitride Based Active Electronically Scanned Arrays (AESA) Technology for High Altitude Periscope Detection.”