Cirrus Logic has named Tim Turk as its vice president of Worldwide Sales. Turk, 50, will be responsible for managing Cirrus Logic's global team of direct sales, representatives and distribution partners. Turk served 20 years in sales and operations with Cypress Semiconductor, including as vice presi...

International Rectifier announced that Alex Lidow, Chief Executive Officer and Director, has gone on leave of absence with pay pending the resolution of the investigation conducted by the Audit Committee of the Board of the Company. The Board has determined that this action was in the best interests...

NetLogic Microsystems has acquired certain assets associated with Cypress's network search engine products targeting the desktop switching market. Upon closing, NetLogic Microsystems paid Cypress $12.0 million in cash plus the cost of inventory. The desktop switching search engines from Cypress will...

Cooper Industries has acquired Illinois-based io Lighting, a dedicated light-emitting diode lighting fixture company, and Vermont-based Powerline Communications (PCI), a manufacturer of digital lighting control panels. Expected sales for the two companies in 2007 are approximately $17 million and th...

Analog Devices announced financial results for the third quarter of fiscal 2007. Revenue increased to $680 million, an increase of approximately 3% compared to the same period one year ago and 2% compared to the immediately prior quarter. Net income for the third quarter of fiscal 2007, under genera...

X-FAB Silicon Foundries announced sales of USD 186.2 million for the first half of 2007, an increase of approximately 69% year-over-year. In the second quarter, the company recorded sales of USD 100.8 million, for the first time surpassing the USD 100 million mark in a quarter. Earnings before inter...

MIPS Technologies, a provider of industry-standard processor architectures and cores, will acquire privately-held Chipidea Microelectronica, an independent Portugal based supplier of analog and mixed signal intellectual property. MIPS will pay an aggregate of $147 million in cash, with an additional...