Millennium Cell Inc. (Eatontown, NJ) reported an adjusted net loss of $3.6 million, or $0.13 per share (adjusted for non-cash charges), for the first quarter of 2002 ended March 2002. This compares with an adjusted net loss of $1.9 million, or $0.07 per share, for the first quarter ended March 2001. "We are pleased to […]
International Rectifier Corp. (IR, El Segundo, CA) announced a breakthrough in power management technology with the release of a new semiconductor package that keeps power chips running cooler, so they can pump twice as much electricity through power-hungry, next-generation electronics, without increasing the size of the power system. The new DirectFET power semiconductor device powers […]
Exide Technologies (Princeton, NJ) is seeking approval from the US Bankruptcy Court in Wilmington, DE, for a $7.1 million employee-retention program designed to help it retain 80 key employees and others while it reorganizes under Chapter 11. Exide filed for Chapter 11 bankruptcy protection from its creditors April 15.
Segway LLC (Manchester, NH) announced the sale, shipment and deployment of 10 Segway Human Transporters (HT) to several organizations and companies in...
Millennium Cell (Eatontown, NJ) announced that its Hydrogen-on-Demand fuel system got its first public road test inside DaimlerChrysler Corp.'s (Auburn Hills, MI) new Chrysler Town and Country Natrium clean energy vehicle. The Natrium was road tested by individuals in the San Francisco Bay area and in Los Angeles, and will next be on the road […]
Schaefer Inc. (Ashland, MA) introduced the C5400 Series of 10kW, 7in, standard 19in rack, dc/dc and ac/dc converters. Applications include locomotive controls,...
International Rectifier Corp. (IR, El Segundo, CA) announced the availability of its Motor Drive and Inverter Designer's Manual on CD-ROM, which includes...
Yixing Futian Electronic Co. Ltd. (China) introduced its new CD110 Series of aluminum-electrolytic capacitors, which offer a leakage current of 3µA and...
Hydrogenics Corp. (Toronto, Canada) announced the acquisition of EnKAT GmbH (Gelsenkirchen, Germany), which is a leading designer and manufacturer of test systems for fuel cells, reformers and electrochemical engines. The combination will expand Hydrogenics' existing product offerings and system-integration capabilities, also extending the geographical reach of the company in Europe. Terms of the transaction were […]
Palcan Fuel Cells Ltd. (Burnaby, BC) announced that it has signed a memorandum of understanding with Celco Profil SRL (Vigonovo, Italy) to...
Microsemi Corp. (Irvine, CA) announced that it has added two new drivers to its portfolio of controllers for light-emitting diodes used in a wide range of consumer and handheld displays. The LX1990 dual-programmable current sink provides even lighting of multiple LEDs in the low-cost indicator lights found in phone sets, cameras, automotive displays and consumer […]
Sanyo Electric Co. (Tokyo) and Honda Motor Co. (Japan) will join forces in developing batteries for hybrid cars powered by both a gasoline engine and an electric motor. Honda aims to raise the performance of its hybrid cars by exploiting the technology of Sanyo Electric. Sanyo aims to develop a battery system that will help […]
STMicroelectronics Inc. (ST, Geneva) announced that it is acquiring Alcatel Microelectronics from Alcatel SA (Paris, France), only to sell Alcatel's mixed-signal business to AMI Semiconductor Inc. (AMIS, Pocatello, ID). ST is acquiring Alcatel Microelectronics for about $343.5 million (390 million euros) in cash. The two companies will cooperate on the joint development of DSL chipsets, […]
International Rectifier Corp. (IR, El Segundo, CA) announced that it is acquiring TechnoFusion GmbH (Krefeld, Germany), a wholly owned subsidiary of Royal Philips Electronics (Eindhoven, Netherlands) that makes power generation systems for automotive electronics. IR is paying $50.0 million in cash for the 375-person company. The merger is expected to conclude this quarter following customary […]
Millennium Cell Inc. (Eatontown, NJ) announced that PSA Peugeot Citroen (Paris, France) has entered into an agreement to purchase two Hydrogen-on-Demand hydrogen fuel systems for evaluation and integration into electric-powered vehicles. The hydrogen fuel systems will be integrated into a prototype based on PSA Peugeot Citroen's recently announced Fuel Cell Cab. "Our interest in fuel […]