Qualcomm Acquires Palm, IPAQ and Bitfone Patents from HP

Qualcomm Incorporated (NASDAQ: QCOM) http://www.qualcomm.com and HP today announced that Qualcomm Incorporated has acquired a patent portfolio from Hewlett-Packard Company, Hewlett-Packard Development Co LP and Palm Inc. The portfolio, comprising approximately 1,400 granted patents and pending patent applications from the US and approximately 1,000 granted patents and pending patent applications from other countries, covers technologies…

Cypress Q4 Net Loss Widens

Cypress Semiconductor Corp. (CY) today announced its fourth-quarter 2013 and fiscal year 2013 results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included: Earnings came in at high end of guidance Book-to-bill increased to 1.08, its highest level in almost two years Non-GAAP operating expenses at a…

Avnet Posts Record Q2

Avnet, Inc. (NYSE:AVT) today announced results for the second quarter fiscal year 2014 ended December 28, 2013. Sales for the quarter ended December 28, 2013 increased 10.8% year over year to record sales of $7.4 billion; organic sales (as defined later in the document) grew 8.2% year over year and 8.1% in constant currency. Adjusted operating income…