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GLENVIEW, IL-- Illinois Tool Works made it official today, announcing the acquisition of VS Acquisition Holding Inc., the parent company of Vitronics Soltec. Terms of the transaction were not disclosed.

VS Acquisition Holding Inc. will be a wholly owned business unit of ITW and part of the company's existing power systems and electronics businesses, ITW said in a press release, and will operate as a separate business under the Vitronics Soltec name.

SAN JOSE -- Tessera Technologies this morning announced that it has been informed that the International Trade Commission has overturned a recent court decision to stay the company’s patent infringement action against Motorola, Freescale, Qualcomm and others.

Tessera said it was notified orally of the decision, and that a written notice should be available soon.
LONDON -- China's consumer electronics market is expected to grow at a compound annual average of 12% from 2007 to 2011, says research firm Report Buyer.

That's a tick higher than the 11.71% CAGR China posted from 2002 to 2006.

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