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January 13, 2006...Emcore Corporation of Somerset, New Jersey USA, which has been an investor in K2 Optronics of Sunnyvale, California USA, has acquired the remainder of the stock of the privately held company, paying approximately $4.8 million worth of Emcore stock. The acquisition of K2 Optronics is regarded as part of Emcore's ongoing and ramped up commitment
to CATV and telecom fields. (ref: Company
news release)
According to Cannacord Adams Research, the transaction amounts to approximately 650k shares of Emcore stock. Emcore estimates sales from K2 amounts to amount to $7 million in revenue in fiscal 2006 and $14 million in fiscal 2007. K2 designs, develops, and manufactures analog and digital transmission lasers
for the cable television (CATV), telecommunications, sensing, and test and measurement
industries. For CATV, K2 produces direct modulated analog transmitters for broadcasting
transmission over hybrid fiber coaxial (HFC) networks. K2 also produces broadcast
video overlay for advanced video services for FTTx applications. The company’s
telecommunication products include: Access, metro edge, metro transport, long
haul, or ultra long haul direct modulated transmitters at speeds of 2.5 Gb/s
to 10 Gb/s. In addition K2 makes quad rate (4.25 Gb/s) Fibre Channel applications. According to Emcore, they anticipate continuing design and production operations in K2 Optronics' Sunnyvale facility for a six-month transition period, and, thereafter, the engineering design team and prototype production team will be integrated with Emcore's Silicon Valley Design Center in Santa Clara, California. Volume manufacturing is already outsourced to the same overseas contract manufacturer used by Emcore. "Emcore has been a long-time believer in the revolutionary potential of directly modulated transmitters based on K2 Optronics' ECL technology. We expect to see our CATV and FTTx customers insist on the performance and cost advantages that directly modulated transmitters can offer over traditional laser technology," said Dr. Hong Hou, vice president and GM of Emcore's Ortel division. "In addition to complementing our existing 1550 nm and 1310 nm analog product offerings, and allowing us to penetrate new markets where cost and performance are key drivers, K2 Optronics' ECL technology will deliver new product possibilities for our datacom and telecommunications customers." Adding perspective... "Historically Emcore was comprised of a variety of compound semiconductor
technologies that addressed multiple end markets such as: MOCVD equipment, solar
panels, solid state lighting, as well as telecom and datacom," reported Jed
Dorsheimer, a financial analyst with Canaccord Adams Research, who now follows Emcore along with various publicly traded companies in the compound semi and solid state lighting industries. "These recent
acquisitions, which include Phasebridge and Force, leads us to believe that Emcore’s
strategy is to be a streamlined provider to the telecom and datacom markets
including: 10-Gigbit Ethernet, FTTx, CATV, and SANs to name a few." Sirenza Signs Franchise Agreement With Distibutor, Digi-KeyJanuary 12, 2006...Sirenza Microdevices reported that it has signed a worldwide distribution agreement
with Digi-Key, a distributor of electronic components. Sirenza makes amplifiers,
power amplifiers, RF components, and parts for satellite radio. Sirenza's products
will be made available for purchase directly from Digikey in its printed and online
catalogs. According to the franchise agreement, Digi-Key will fulfill the design
as well as the production needs of its customers worldwide. Company
News Release WJ Communications Receives Nasdaq NoticeJanuary 12, 2006...WJ Communications of San Jose, California USA, which trades on the Nasdaq stock exchange under the symbol "WJCI" was notified by Nasdaq’s listing qualification department
that, after the resignation of Jan Loeber from the company's board of directors December
31, 2005, that the company is no longer in compliance with Nasdaq’s audit
committee requirements. Nasdaq requires the company to find a suitable replacement
before the company’s next annual stockholder’s meeting or December
31, 2006. WJ Communications responded, saying it is currently looking for audit committee
candidates and expects to appoint a new director before Nasdaq’s deadline. The company noted that the notification has no effect on the listing of their common stock at this time.
Company
News Release Dowa Mining Enters GaN Market CompoundSemi News StaffJanuary 11, 2006...Dowa Mining of Tokyo, Japan has reportedly jumped into the gallium nitride (GaN)
market one year ahead of schedule, according to the Nikkei
Business Daily. Some of the material used in the production of blue LEDs
has been sent to parts makers with applications for satellite communication sensors
and hybrid car inverters. Amid a strong response from the parts fabricators, Dowa
chose to enter the market sooner. SMI Develops MOCVD Tool for Making Superconducting Tape CompoundSemi News StaffJanuary 11, 2006...Structured Materials Industries (SMI) of Piscataway, New Jersey USA has developed a tool inspired by a movie
projector for depositing superconducting material on long strips of metal tape.
The tool uses MOCVD to deposit yttrium-barium-copper-oxide (YBa2Cu3Ox, or YBCO).
The development of the tool was funded with a Missile Defense Agency (MDA) Small
Business Innovation Research (SBIR) grant. The company hopes the device will enable
the production of more efficient power lines, high power generators, and more
affordable tracks for magnetic levitation trains. (Ref: MDA
Winter Technology Report pg 4) Hittite Microwave Receives ISO/TS 16949:2002 Certification for RF and Millimeterwave
Applications for the Auto Industry CompoundSemi News StaffJanuary 11, 2006...Hittite Microwave of Chelmsford, Massachusetts USA has received its ISO/TS
16949:2002 certification for the design, manufacture, and sale of plastic-encapsulated
analog and mixed-signal ICs for RF, microwave and millimeterwave applications
for the automotive industry. Additionally, the company was recertified to the
ISO 9001:2000 standard, which it has maintained since 1997. Company
News Release Avanex Lowers Expectations Amid Restructuring Difficulties CompoundSemi News StaffJanuary 11, 2006...Avanex Corporation of Fremont, California USA, a photonic solutions maker announced
that the preliminary revenue for the second fiscal quarter of 2006 will be about
17% lower than expectations. The company stock fell 14% after the company lowered
its revenue guidance from a range of $41 to $45 million to a range of $31 to $35
million. Avanex officials said the shortfall came from difficulties in transferring
some manufacturing to an Asian contract firm after the company closed its Erwin
Park, New York USA manufacturing facility. Company
News Release TDI Develops Method for Mass Production of 2-Inch GaN WafersJanuary 10, 2006...Technology and Devices International Inc. of Silver Spring, Maryland USA, has
developed a method of producing dozens of 2-inch diameter GaN on sapphire or GaN
on silicon carbide (SiC) wafers at a time using their improved HPVE process. The
United States Missile Defense Agency’s (MDA) Small Business Innovation Research
(SBIR) program funded TDI to improve the hydride vapor-phase epitaxy (HVPE) to
reduce the costs of GaN components used for advanced radar and power systems.
Additionally the company claims to have created the first 6-inch diameter GaN
on sapphire wafer. Company Web Site Arima Devices Buys Royal Philips Electronics' Blu-ray Related Pick-up Head
Business CompoundSemi News StaffJanuary 9, 2006...Arima Devices, an affiliate of Arima Computer of Taiwan, announced it will
acquire the Blu-ray DVD pick-up heads (PUH) producing business from Royal Philips
Electronics of the Netherlands, according to Digitimes.
In the deal, Arima will gain all of Philips IP related to the PUH technology
and will take of their R&D facilities in Holland and Singapore and manufacturing
facilities in Shanghai, China. Philips will have a 14.5 % stake in Arima Devices
after the acquisition which will be completed the first quarter of 2006. SatCon Fills Position of VP of Corporate Development CompoundSemi NewsJanuary 9, 2006...SatCon Technology has hired Gary G. Brandt to fill the newly created role of vice president of corporate development, reporting to David Eisenhaure, chairman and CEO. Mr. Brandt was formerly chief financial officer (CFO) of Hydrogenics corporation, a hydrogen and PEM fuel cell company based in Toronto, Canada. Company News Release
Blu-ray Products Introduced at Consumer Electronics Show CompoundSemi News StaffJanuary 9, 2006...More than 20 companies have announced Blu-ray disc products at the Consumer Electronics
Show in Las Vegas, Nevada USA, according to the Blu-ray disc association. The
products include players, recorders, high definition computer drives, recordable
media, and PC applications, and well over 100 movie and music titles. "With
the rapid growth in high-definition TV, blue-laser technology is an important
step forward in creating an unparalleled consumer entertainment experience,"
said IDC's Joshua Martin, associate analyst, consumer markets. "The winning
format will offer consumers breadth of product and depth of content at competitive
price points." Howard Stringer, Chairman and CEO of Sony Corporation
commented, "A majority of the CE, IT, Hollywood studios, music and game
companies have already endorsed Blu-ray Disc because of its technical superiority
and its ability to provide an entirely new experience to consumers. We are thrilled
to announce that we are now ready for consumers to experience Blu-ray Disc for
themselves." Blu-ray Disc Association
News Release New InP Foundry Formed in SwedenJanuary 9, 2006...Newly formed Swedish foundry company, Svedice AB of Jarfalla , Sweden, offers
indium-phosphide devices and circuits, according to EETimes.
The research organization Acreo, Stockholm Innovation and Growth, and the Swedish
Agency for Innovation Systems called Vinnova have invested in and financed the
company. Svedice can perform design and processing services including: wafer-
and chip-on-carrier-processing, III-V epitaxial growth, materials characterization,
and lithography, etching, metallization, and testing. The company uses Aixtron
2400 multi-wafer reactors for metalo-organic vapor phase epitaxy in its 800 square
meter clean room facility. Our news features are reported
by the CompoundSemi News staff writers.
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