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BUSINESS NEWS ARCHIV

19. 06. 08 AMD appoints Chief Sales Officer

AMD announced the appointment of AMD Senior Vice President Gustavo Arenas to chief sales officer. Arenas, who joined AMD in 2003, was most recently responsible for the sales, business and marketing organizations for North America, Latin America and the Caribbean. Arenas was previously responsible fo...

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19. 06. 08 Year end for Jetter

The Automation company Jetter closed its financial year to March 2008 with a turnover of 40.9 m Euro. In comparison to the previous year this was an increase of 12 %. Before taxes and interest (EBIT) the profits increased by 12% to 3.9 m Euro. The company profit was 3.4 m Euro after a profit in the ...

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19. 06. 08 New Amphenol CEO in 2009

Amphenol announced that effective January 1, 2009, R. Adam Norwitt, currently the Company’s President and Chief Operating Officer, will become Chief Executive Officer of the Company and a member of the Board of Directors. Martin H. Loeffler, currently the Company’s Chairman and Chief Executive Offic...

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18. 06. 08 Kyocera acquires On Time Machining

Kyocera Industrial Ceramics will acquire On Time Machining Company (OTM) from Kennametal. The acquisition is scheduled to close by June 30. OTM, based in Wapakoneta, Ohio, is a manufacturer and supplier of indexable cutting tool products including drills, end mills, face mills, chamfer mills, alumin...

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18. 06. 08 Mentor rejects proposal from Cadence

Mentor Graphics acknowledged receipt of the proposal by Cadence to acquire Mentor Graphics at a price of $16.00 per share and previously rejected the proposal. "As we recently indicated to Cadence, we reviewed Cadence's proposal and analyzed both the price proposed and the risks associated with...

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18. 06. 08 Circuit board market in Germany in March 2008

In comparison to the previous year, the German circuit board manufacturers booked an increase of 3% in the 1st quarter of 2008. This was reported by the german Association of the Circuit Board Industry [Verband der Leiterplattenindustrie] in the ZVEI- Zentralverband Elektrotechnik- und Elektronikind...

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17. 06. 08 Cadence proposes to acquire Mentor

Cadence submitted a proposal to Mentor Graphics to acquire the company for $16.00 per share in cash. Cadence's all-cash proposal represents a total enterprise value of $1.6 billion on a fully diluted basis, which reflects Mentor Graphics' net debt of $69 million.

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