April 5, 2011 |
Texas Instruments Inc., seeking to grow its semiconductor chip business by acquisition, plans to buy Santa Clara, Calif.-based National Semiconductor Corp. for $6.5 billion. Dallas-based TI and National Semiconductor each make chips used in consumer electronics — including cellphones and tablet computers — and in industrial equipment. But their individual products — TI makes about 30,000 items and National Semiconductor makes about 12,000 — don't overlap much, experts said.
February 19, 2011 |
President Obama paid a quick West Coast sales call for his education and high-tech agenda, dining with industry royalty at a private meeting in Silicon Valley before touring a state-of-the-art semiconductor plant in Oregon. After visiting with a group of science fair students and peering at the image of atoms seen through an electron magnoscope, Obama renewed the theme sounded in his State of the Union address, with a nod toward his recent focus on deficit reduction. "Even as we have to live within our means, we can't sacrifice investments in our future," Obama told several hundred guests and employees gathered at Intel Corp.
December 23, 2010 |
To help make football a little safer, Intel Corp. last month proposed having players' helmets outfitted with microprocessors that would wirelessly alert doctors if the athletes suffered a hit hard enough to cause head injuries. And why not? Microchips aren't just for ATMs, airport check-in kiosks, pacemakers and ocean monitoring sensors anymore. They're also being installed in a staggering array of items that were once decidedly low-tech ? including gravestones, fish lures and writing pens.
December 11, 2010 |
Two former executives at Vitesse Semiconductor Corp. were indicted Friday by a federal grand jury on charges of defrauding investors in the Camarillo technology firm by overstating its revenue and manipulating stock options to secretly reward employees. Vitesse founder and former Chief Executive Louis Tomasetta and former Executive Vice President Eugene Hovanec were released on bond after pleading not guilty in federal court in New York. They are charged with securities fraud, falsifying corporate records and conspiracy.
August 5, 2010 |
Giant computer chip maker Intel Corp. agreed to accept broad new restrictions on the way it does business to settle federal charges that it abused its dominant market position to stifle competition over the last decade. Wednesday's agreement with the Federal Trade Commission could alter the course of the global semiconductor industry, as well as strengthen the hand of the FTC as it looks at other antitrust allegations in the technology sector, including those involving such leading players as Google Inc. and Apple Inc. "I think it signals the FTC is trying to crack down on anticompetitive behavior in this industry," said George H. Pike, an assistant professor at the University of Pittsburgh School of Law who teaches intellectual property and writes about information technology issues and the law. Intel's agreement, which would be made final after a 30-day period of public comment, would prohibit the Santa Clara firm from using certain rewards, threats and other tactics that regulators say induced computer makers Dell Inc., Hewlett-Packard Co. and others to buy exclusively from Intel.
CALIFORNIA | LOCAL
July 1, 2010 |
Production resumed Wednesday at a manufacturing plant in Fullerton after an immigration raid that resulted in the arrests of 43 workers and the temporary shutdown of the facility. Employers at Terra Universal Inc., which produces equipment for semiconductor and pharmaceutical manufacturers, spent the day reassuring customers, checking employees' documents and questioning why they were targeted, according to the company's attorney. Chief Operating Officer Ken Harms said the raid took him by surprise and disrupted the entire plant.