SMSC Keeps Conexant Price Steady

HAUPPAUGE, N.Y. — SMSC (NASDAQ: SMSC) announced today that it does not plan to increase its offer for Conexant Systems Inc. (NASDAQ: CNXT) above $2.25 per share in response to a proposal from Golden Gate Capital. SMSC also announced that it has agreed to waive the “match period” under the merger agreement. On February 21,…

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Master Wins Silver

SANTA MONICA, Cali. — Master Distributors, a leading distributor of electromechanical, interconnect and passive components, was honored with the Silver Distributor of the Year Award from Honeywell last month at its 2011 America’s Sales Kickoff meeting. The award recognizes Master Distributors for its successful performance and sales growth in 2010. “Master Distributors distinguished itself as…

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HP Posts Q1

PALO ALTO, Calif. — HP (NYSE:HPQ) today announced financial results for its first fiscal quarter ended January 31, 2011. Net revenue of $32.3 billion was up 4% from the prior-year period both as reported and in constant currency. GAAP diluted earnings per share (EPS) was $1.17, up 26% from $0.93 in the prior-year period. Non-GAAP…

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Ramtron Posts Q4

COLORADO SPRINGS, Colo. — U.S. semiconductor maker Ramtron International Corporation (Nasdaq: RMTR), a leading developer and supplier of nonvolatile ferroelectric random access memory (F-RAM) and integrated semiconductor products, today reported total revenue of $16.1 million for the fourth quarter of 2010, compared with total revenue of $14.4 million for the same quarter last year. Net…

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