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SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $11.13 billion in the third quarter, up 1% sequentially year-over-year, the trade group SEMI said.
BILLERICA, MA – Avici Systems has announced Labman One will provide depot repair and laboratory management services for Avici’s router business.
Labman One, in turn, will work with EMS firm Lightspeed Manufacturing to perform all component replacement and repair work for Avici.
“We have used Lightspeed for many years for everything from 1700-ball BGA replacements to wire adds,” noted James Loach, president of Labman One.
In February, Avici announced that it would move its operations from core router development to focus on its new business initiative, Soapstone Networks.
Avici expects final shipments of its router products by the end of 2007. Avici will continue to service its products under existing contracts.
Labman One, in turn, will work with EMS firm Lightspeed Manufacturing to perform all component replacement and repair work for Avici.
“We have used Lightspeed for many years for everything from 1700-ball BGA replacements to wire adds,” noted James Loach, president of Labman One.
In February, Avici announced that it would move its operations from core router development to focus on its new business initiative, Soapstone Networks.
Avici expects final shipments of its router products by the end of 2007. Avici will continue to service its products under existing contracts.
REDMOND, WA – Data I/O Corp. announced the sale of selected patents and patent applications to Leannoux Properties AG for approximately $3.3 million.
The company expects a net gain of approximately $2.1 million, subject to customary closing conditions.
The proposed patents and applications to be sold relate primarily to technology used in Data I/O's Proline RoadRunner line. The company will retain a nonexclusive, royalty-free license.
The agreement includes customary representations and warranties for a transaction of this nature, including without limitation, representations and warranties regarding authority, title and validity.
The sale does not include technology related to the firm's most recent development programs.
Leannoux Properties is an unrelated party with no other material relationship to Data I/O.
The company expects a net gain of approximately $2.1 million, subject to customary closing conditions.
The proposed patents and applications to be sold relate primarily to technology used in Data I/O's Proline RoadRunner line. The company will retain a nonexclusive, royalty-free license.
The agreement includes customary representations and warranties for a transaction of this nature, including without limitation, representations and warranties regarding authority, title and validity.
The sale does not include technology related to the firm's most recent development programs.
Leannoux Properties is an unrelated party with no other material relationship to Data I/O.
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