Linear Technology Corp. (Milpitas, CA) recently announced a reorganization intended to direct the company's growth from $500 million in sales to $1 billion and beyond. As part of the reorganization, co-founder and CEO Bob Swanson will also become Chairman of the board of directors. Clive Davies, who has been with Linear Technology for 17 years, […]
AER Energy Resources (Atlanta, GA) announced in their first quarter results that they nearly halved their losses compared to the same period last year. Net loss for the first quarter ended March 31, 1999, was $1.14 million, or $0.05 per share, compared to a net loss of $2.11 million, or $0.09 per share for the […]
Spire Corp. (Bedford, MA) recently announced it has retained investment banking firm OEM Capital as its financial advisor to advise the company on its strategic options, which may include a joint venture, merger, the sale of a product line or a business, or all of the company."The variety of growth opportunities available in our three […]
Signal Technology Corp. (Danvers, MA) reported its first quarter results, with revenues $3.3 million lower than the same quarter last year, falling from $23.7 million to $20.4 million. Net income for the 1999 first quarter, ended March 31, 1999, improved to $639,000, or $0.08 per diluted share, versus net income of $203,000, or $0.03 per […]
GFI Energy Ventures LLC (Los Angeles, CA) announced the completion of a substantial investment in Cherokee International LLC (Tustin, CA). Through the investment, GFI and its co-investors, including Oaktree Capital Management (Los Angeles) and RIT Capital Partners plc (London), have acquired a 60 percent majority interest in the power supply company."With this investment, we have […]
AVX Corp. (Myrtle Beach, SC) announced it is expanding the current range of its Accu-Guard Series SMD Thin-Film fuses. The fuses are now available with current values from 150mA to 5A in sizes 0603, 0805, 1206 and 0612. The fuses are intended for telecommunications applications, battery chargers and battery packs, hard disk drives, LCD screens […]
Vicor Corp. (Andover, MA) announced its financial results for the quarter ended December 31, 2000. Revenues for the quarter increased 29 percent to $69,168,000, compared with $53,742,000 for the corresponding period a year ago. Net income increased 50 percent to $8,550,000, versus $5,697,000 in 1999. Diluted earnings per share also increased 50 percent, from $0.13 […]
Xentek Power Systems (San Marcos, CA) recently announced the completion of its merger with its sister company, Taiyo Yuden (USA) Inc. The new company will operate under the Taiyo Yuden (USA) name, and the firms plan to consolidate operations into a single location yet to be determined. According to the firm, no staff or personnel […]
Rayovac Inc. (Madison, WI) has filed with US regulators to periodically sell up to $250.0 million in debt securities, preferred and common stock, and warrants. Rayovac said in its Securities and Exchange Commission filing that it plans to use the proceeds for general corporate purposes, such as debt repayment and acquisitions.
International Fuel Cells (IFC, South Windsor, CT), announced that six of their PC25TM fuel-cell power plants will power what is claimed to be the world's largest fuel cell installation, to be built in Connecticut. The PC25 units, which each produce 200kW of electricity and 900,000 Btus of heat, will provide primary power to the Connecticut […]
Compaq Computer Corp. (Houston, TX) has introduced a new rack-mountable UPS, the UPS R1500 XR. Rated up to 1,500VA/1,340W, the new model...
Cherokee International LLC (Tustin, CA) recently introduced the CRP500 Series of 500W bulk power switchmode power supplies. The latest in Cherokee's line of telecom rectifiers, the CRP500 is designed to meet the stringent quality demands of communications OEMs and are BELLCORE compatible. Standard features include a power factor corrected input mains that complies with EN61000-3-2 […]
Abacus Controls Inc. (Somerville, NJ) introduced the model 4758-4-480 75kVA inverter. The new inverter has 480Vdc input, and outputs of 277/480Vac, 3 phase, 4 wire, 50 or 60Hz. The inverter can operate in standalone or utility intertie modes.
Ralston Purina Co. (St. Louis) announced recently that it plans to auction off its Eveready OEM rechargeable battery business by the end of the year. The rechargeable battery business recorded a pretax operating loss of $4.7 million in the second quarter ended March 31, 1999. Ralston stated that it took a $35 million after-tax charge […]
DCH Technology Inc. (Valencia, CA) announced it is expanding its Fuel Cell Operations into a new and larger facility outside of Madison, Wisconsin, beginning May 1, 1999. The new facility will accommodate the design, development and pilot production operations for DCH's proprietary Hydrogen Fuel Cells.According to the company, the new facility will allow it to […]