Embedded | October 05, 2018

Data Respons lands another Swedish contract

Data Respons has signed contracts of SEK 38 million (EUR 3.6 million) with a customer within Telecom & Media.

The contracts include R&D Services and development of smarter solutions embedded in the customer's platform for digital services and for future IoT applications. "The across industry trend of smarter, automated and always connected devices (like Internet of Things) requires a development team with multi-discipline competences covering the entire value chain. Our skilled engineers has extensive experience in developing smarter solutions from the sensor level to the final app, making us a good partner for these challenges," says Kenneth Ragnvaldsen, CEO of Data Respons ASA, in a press release.

Jenoptik is strengthening its position as a full-service provider of automated manufacturing solutions via the acquisition of Spanish company INTEROB. The contract was signed on January 25th and is expected to close in the coming weeks. The purchase price was slightly less than twice the revenue in 2019.

Certain subsidiaries of Broadcom have entered into two separate multi-year statement of work agreements with Apple Inc.

TowerJazz, Igor Sikorsky Kyiv Polytechnic Institute (KPI), the national technical university of Ukraine, and Cadence Design Systems, are collaborating to open a new analog circuit design lab in Ukraine.

The semiconductor manufacturer reported 2019 fourth quarter new revenues of USD 2.75 billion, gross margin of 39.3%, operating margin of 16.7% and new income of USD 392 million.

The automotive supplier Harman apparently wants to stick to its plans and close the plant in Straubing (Germany). Between 625 and 700 jobs are affected.

Camtek says it has received orders for 34 systems for 2D inspection of CMOS image sensors from five different manufacturers, of which 25 are from two customers.

Next Biometrics' CFO, Knut Stålen, will step down from his position on the last day of February 2020. Knut Stålen has been with NEXT Biometrics since 2014.

Foxconn Technology Group and Heraeus have signed a Memorandum of Understanding for a strategic cooperation within the space of 5G.

BAE Systems has reached definitive agreements for the proposed acquisitions of Collins Aerospace’s military Global Positioning System (GPS) business and Raytheon’s Airborne Tactical Radios (ATR) business.

JEOL Ltd. , manufacturer of semiconductor equipment and other industrial instruments and equipment, announced the acquisition of Integrated Dynamic Electron Solutions Inc. (IDES), an entrepreneurial venture specializing in technologies related to transmission electron microscopy (TEM).

NEXT Biometrics has received an order for UIDAI and STQC certified fingerprint biometric readers in India with a value of USD 750,000.

Cadence Design Systems, Inc. has completed the acquisition of AWR Corporation from National Instruments Corporation.