Industry News

Cypress Semiconductor Corp. has closed its acquisition of Broadcom Ltd.' s Wireless Internet of Things business and related assets in an all-cash transaction valued atUSD 550 m, the company said. Under the terms of the deal, Cypress acquired Broadcom's Wi-Fi, Bluetooth and Zigbee IoT product lines and intellectual property, along with its WICED brand and developer ecosystem. Broadcom's IoT business unit, which employs approximately 430 people..."/>
Cypress Closes USD 550m Acquisition of Broadcom’s Wireless IoT Business
POET Technologies Inc., a developer of opto-electronics fabrication processes for the semiconductor industry, today announced that it will be providing a brief update of the Company's progress at the AGM scheduled for 10:00 a.m. PDT on Thursday, July 7, 2016, at the Courtyard San Jose Airport, 1727 Technology Drive, San Jose CA. The slide presentation to be presented by the Company at the AGM will be available at 10:00 a.m. PDT on the Company’ s website..."/>
POET Technologies to Provide Brief Update in Conjunction with the Annual General Meeting ("AGM") of Shareholders Scheduled for July 7, 2016, at 10 a.m. PDT
GrubHub on June 22 and became ill four days later, according to the lawsuit. After suffering symptoms including bloody stools and abdominal..."/>
Sick customer sues Bridgeport Mexican restaurant after E. coli outbreak [Chicago Tribune]
Yahoo's drawn-out sale is finally approaching the finish. Final bids are due July 18, according to a prominent Yahoo investor. The stumbling internet titan put itself up for sale in February, starting a secretive but closely watched auction process that has dragged on for more than five months."/>
Yahoo bids due July 18, sale could come by end of the month [Mercury News]
Silver Spring Networks. The network platform company-- an industry leader in smart networks for utilities and a player in the internet of things, or "IoT"-- named a new CEO and moved its headquarters from Redwood City to San Jose. Mike Bell, a former Apple engineer with executive experience at Palm and Intel, took the helm in September."/>
Smarter energy, safer turtles -- Silver Spring Networks spreads the internet of things [Mercury News]
BRIEF: DAILY OIL PRICE: July 6 [Odessa American, Texas]
M and A Navigator: Deal pipeline 6 July
Accenture, a professional services company that provides services and solutions in strategy, consulting, digital, technology and operations, according to its website. The digital team plans to evaluate Subway's technology, from its loyalty program and app to the..."/>
Subway to add 150 jobs in Milford headquarters [The Hour, Norwalk, Conn.]
Professional Diversity Network, Inc., which operates America’ s premiere network for professional women, through its www.napw.com platform, as well as several other properties which provide access to employment opportunities for diverse professionals in the United States, announced today that it has closed on a $5 MM working capital line in partnership with White Winston Select Asset Funds, LLC; that two of its Directors have voluntarily resigned to..."/>
Professional Diversity Network, Inc. Announces Working Capital Line and Replacement of Two Directors
TECSYS Inc. an industry-leading supply chain management software company, today announced its results for the fourth quarter and fiscal year 2016, ended April 30, 2016. All dollar amounts are expressed in Canadian currency and are prepared in accordance with International Financial Reporting Standards. --Total revenue for Q4 2016 increased to $21.1 M, higher by $5.4 M or 34%, compared to $15.8 M in Q4 2015.-- Proprietary products revenue increased to..."/>
TECSYS Reports Record Revenue and Earnings for Fiscal 2016, Declares 20% Dividend Increase
Electronics For Imaging, Inc. has partnered with OKI Data Americas to bring to market an EFI™ Fiery ® digital front end driving OKI’ s leading-edge C900 Series digital production color printers for the graphic arts and specialty printing markets.. The new Fiery C9 Server drives six models from the C900 Series Multimedia Production Platform. These OKI printers provide a low cost of entry and deliver high value output for graphic designers and print..."/>
OKI Data Americas and EFI Partner to Launch a New Fiery Digital Front End for OKI’s Next Generation C900 Series Production Printers

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