EZchip Revises Merger Agreement with Mellanox

EZchip Semiconductor Ltd. (“EZchip” or the “Company”) (NASDAQ: EZCH), a leader in high-performance processing solutions for carrier and data center networks, today announced that it has executed an amendment to the merger agreement with Mellanox Technologies, Ltd. (“Mellanox”) (NASDAQ: MLNX). Pursuant to the amended agreement, which was unanimously approved by EZchip’s Board of Directors, EZchip…

New Era Electronics, Baanto Sign Partnership for Touch Screens

New Era Electronics Inc., an industrial distributor and integrator of computer systems, and Baanto™ International Ltd., innovators of high performance and scalable touch solutions, have entered a partnership aimed at a streamlined distribution process and faster time to market in order to satisfy the ever growing demand for high quality touch screen technology. Touch screens…

InvenSense Inks Two Partnership Deals

San Jose, Calif. — InvenSense, Inc. (NYSE:INVN), the leading provider of MEMS sensor platform solutions, today announced multiple strategic distribution agreements, increasing the footprint of InvenSense parts to the globally expanding Internet of Sensors platform. Two new partners specializing in servicing the market for IoT and drone solutions include: Honestar Technologies Co., Ltd, a professional semiconductor distributor and solution provider…

Vishay Precision Outlines Restructure Plan

Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, today announced restructuring and cost reduction actions that are expected to improve overall efficiency by lower operating costs by approximately $6.0 million annually, beginning in 2016. The cost reduction steps have already begun and reflect recent market conditions. Ziv Shoshani, VPG’s…

Cisco: Digital Transformation to Drive Profit Upside

San Jose, Calif. – Cisco (NASDAQ: CSCO) — Eighty-six percent of manufacturers view the transition from product-centric to service-oriented revenue models as a core part of their growth strategies. However, only 29 percent believe that services will grow faster than the product aspect of their business. A new Cisco study of 625 senior manufacturing decision makers across 13…