10-10/11 :: October/November 2010
nanotimes
Companies Facts
EUR1,468 million) and the EBITDA margin was 19.1%, well above the year-back level of 15.3%. The Chemicals Business Area developed extremely well in the first nine months. Sales grew 31% to EUR9,593 million (9M 2009: EUR7,316 million). The Evonik Group expects the positive business trend to continue in the fourth quarter, although seasonal factors mean that it will not match the very good figures reported for the previous quarters.
http://www.evonik.com
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54 Life Sciences, a Roche Company, and Fluidigm Corporation have entered a world-
wide co-promotional agreement for the companies’ complementary amplicon sample preparation and high-throughput sequencing platforms. Fluidigm’s Access Array System enables automated processing of 48 unique samples against 48 unique amplicons, resulting in PCR products which are ready for emPCR amplification and sequencing with 454 Life Sciences’ GS Junior or GS FLX System. The partnership offers users a robust and streamlined workflow that mini- mizes the number of manual steps required for tar- geted sequencing applications, including genotyping and rare variant detection.
http://www.454.com
http://www.fluidigm.com G
igOptix, Inc. (OTCBB:GGOX), a leading supplier of high performance electronic and
electro-optic components that enable next generati- on 40G and 100G optical networks, has chosen In- novative Micro Technology, Inc. (IMT) as its optical chip fabrication partner . The Company is now in the process of transferring production of its disruptive TFPS™ optical modulator chips to IMT in expecta-
tion of volume production ramping in 2011. The TFPS modulator chips are designed internally, will be manufactured at IMT using GigOptix’ proprietary and protected electro-optical polymer material and packaged externally by the Company’s high volume contract manufacturer in Shenzhen, China as recent- ly announced to provide customers with not only the highest performing product at a very cost competitive price, but also a very scalable supply chain to sup- port their production requirements.
http://www.imtmems.com
http://www.gigoptix.com H
EADWATERS INCORPORATED (NYSE: HW), has repurchased and canceled approximately
$10.0 million in aggregate principal amount of its 16% Convertible Senior Subordinated Notes due 2016 for consideration of approximately $12.5 milli- on, including accrued interest through the purchase date of approximately $0.8 million pursuant to priva- tely negotiated agreements with an existing note hol- der and an open market transaction. After the closing of the note purchase, Headwaters will have appro- ximately $9.2 million aggregate principal amount of the 16% Notes remaining. Kirk A. Benson, Chairman and CEO of Headwaters, commented, “We continue to strengthen our balance sheet. With this recent repurchase, Headwaters has retired approximately $39.0 million of its 16% Convertible Senior Subordi- nated Notes. The debt repayment will reduce cash interest expense by approximately $1.6 million annu- ally, and reduces the amount of debt that could be put to us in 2012. The Company’s cash on hand after the repurchase is approximately $62.0 million.”
http://www.headwaters.com
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