Texas Instruments (TI, Dallas, TX) has introduced the TLS2254 5V servo/spindle driver ICs. TI claims that these new mixed-signal devices combine best-in-class control solutions to drive a voice coil servo for head positioning and a three-phase brushless dc spindle motor for spinning the recording media with a range of advanced utilities on a single substrate. […]
SatCon Technology Corp. (Cambridge, MA) has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of shares of its common stock. The offering is being lead-managed by CIBC World Markets Corp., and the co-managers will be Banc Of America Securities LLC and FAC/Equities, a division of First Albany Corporation.
Delta Computer Systems (Vancouver, WA) announced their RMC-Serial motion controller, which they claim is a high-performance, cost-effective interface to a process controller, whether PC, PLC or custom system. The RMC-Serial motion controller combines multiple communication protocols with optical isolation and software-selectable transceivers, giving it, the company believes, a highly versatile, industrial-hardened communication platform. The RMC-Serial's […]
International Rectifier (El Segundo, CA) has designed a motor drive power-management architecture, positioned between the micro- or DSP-controller and the motor, to...
Microchip Technology Inc. (Chandler, AZ) announced that it plans to buy TelCom Semiconductor Inc. (Mountain View, CA) in a stock deal valued at about $300.0 million dollars and aimed at expanding its portfolio of stand-alone analog products. The transaction is expected to be completed during the first quarter of 2001 and immediately add to Microchip's […]
International Rectifier (IR, El Segundo, CA) announced the availability of the new IR2172 linear current-sensing IC with built-in shutdown for motor-drive applications. The IR2172 is designed to eliminate external current-sensing protection circuits. It is rated at 600V, for 230V three-phase ac inverters or brushless dc industrial motor drives used in conveyor belts and similar applications. […]
International Rectifier (El Segundo, CA) announced the availability of the new IR2172 linear current-sensing IC with built-in shutdown for motor drive applications....
Beacon Power Corp. (Wilmington, MA) set its planned initial public offering at eight million shares of common stock at $11 to $13 per share. In an amended prospectus filed on Thursday with the Securities and Exchange Commission, the company announced that it expects to raise about $88.1 million in net proceeds from the offering. The […]
Darnell.Com Inc. (Corona, CA) announced the appointments of Dr. D. Bruce Merrifield and John C. Meldrum to the company's Board of Directors. Dr. Merrifield and Mr. Meldrum are the first outside directors appointed to the board.Dr. Merrifield is president and CEO of the Pridco Management Company (Washington, DC). He is Professor Emeritus of the Wharton […]
American Superconductor Corp. (Westborough, MA) reported that revenues for the third quarter of fiscal 2001 ended December 31, 2000, were $5.6 million compared with $5.0 million recorded in the same period last year. Revenues for the third quarter ended December 31, 2000, included $3.5 million in sales of the company's Superconducting Magnetic Energy Storage products, […]
Hitachi Ltd. (Tokyo, Japan) raised its first-half net profit forecast last week and is now predicting an increase of more than 11 times their initial estimate. Instead of the originally expected 4.7 billion yen, Hitachi anticipates reaping 55.0 billion yen ($514.6 million dollars). The rise is largely due to the increased demand for semiconductor chips […]
SL Industries Inc. (Mt. Laurel, NJ) announced that revenue for the second quarter ended June 30, 2000, increased 33 percent to $44,144,000, a new record for the period, from $33,151,000 for the second quarter of 1999, and $43,537,000 for the first quarter of 2000. Net income for the second quarter was $796,000, or $0.14 per […]
MagneTek Inc. (Los Angeles, CA) reported increases in revenue, income and earnings per share for fiscal 2000, ended June 30, 2000, compared with prior year results. Operations that are for sale were reported on a discontinued basis, as the company focuses exclusively on fast-growing markets for digital power products. Continuing operations reported total revenue of […]
SatCon Technology Corp. (Cambridge, MA) reported financial results for the third quarter ended June 30, 2000. Revenue for the third quarter increased by $4.6 million, or 112 percent, to a record $8.7 million versus $4.1 million in the third quarter of 1999. Revenue for the first nine months of 2000 increased by $9.3 million, or […]
Beacon Power Corp. (Woburn, MA), a subsidiary of SatCon Technology Corp. (Cambridge, MA), filed with regulators to seek as much as $115.0 million in an initial public offering. It did not say in a preliminary prospectus filed with the Securities and Exchange Commission how many shares it expects to offer or the expected initial price […]