Illumina, Inc. also confirmed that Roche (RHHBY. PK) has commenced its previously announced unsoli- cited tender offer to acquire all of the outstanding shares of Illumina‘s common stock for $44.50 per share in cash.
The company generated $108.3 million in cash flow from operations during the fourth quarter of 2011 compared to $81.5 million in the prior year period. The company ended the fourth quarter of 2011 with $1.2 billion in cash, cash equivalents and short-term investments compared to $894.3 million as of Janu- ary 2, 2011. In fiscal 2011, Illumina increased reve- nue at 17% to $1.056 billion. GAAP net income was $86.6 million, or $0.62 per diluted share, compared to $124.9 million or $0.87 per share in fiscal 2010.
MS Nanofabrication AG (IMS) announced that Dai Nippon Printing Co., Ltd. (DNP), Intel Cor-
poration, Photronics Inc. and IMS are commencing a joint electron multi-beam mask writer tool colla- boration to advance development of IMS’ electron multi-beam projection technology. The engagement of DNP, a leading merchant photomask supplier to the electronics industry, augments the recent equity funding round announced by IMS that included par- ticipation from Intel and Photronics.
nnovative Micro Technology, Inc. (IMT), announced that Craig Ensley has joined IMT as President and Chief Executive Officer effective immediately. He
succeeds Dr. John Foster, who is resigning from the company to become CEO of one of IMT‘s major customers. Established in 2000, IMT develops and produces MEMS devices and is the largest pure-play MEMS foundry in the United States.
ndustrial Nanotech, Inc. (Pink Sheets:INTK) has made its first sale to a nuclear power facility in the
United States of its patented nanotechnology based insulation and protective coating line, Nansulate®
The coatings provide effective, weathering resistant thermal insulation as well as valuable protective per- formance qualities including corrosion prevention, moisture and UV resistance, and lead encapsulation, which is an issue when decommissioning nuclear facilities.
nfineon Technologies (FSE: IFX / OTCQX: IFNNY) is the world’s leading supplier of security micro-
controllers for NFC (Near Field Communication) ap- plications. The current IMS Research study* (January 2012) shows that Infineon holds a 51.5% share in the NFC security microcontroller market.
Market share of other suppliers: NXP 31.8%, Sam- sung 8.6%, STMicroelectronics 5.6%.
Infineon Technologies AG (FSE: IFX / OTCQX: IF- NNY) introduced also an innovative package tech- nology providing high-current capability and high efficiency for demanding automotive electronics
12-01 :: January 2012