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BROMMA, SWEDEN -- Micronic Laser Systems will acquire Mydata Automation in a stock-based deal. The combined company will have annual revenues of approximately SEK 1.2 billion ($140 million) and 640 employees.

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RENO, NV – Semiconductor sales will jump 17% year-over-year in 2010, almost making up for a drop of 17% this year, says Databeans.
 
The chip market, which fell 3% last year to $248.6 billion, should just top $200 billion this year. However, says the research firm, this slump looks different from 2001, and the market will rebound much more easily this time around.
 
By 2011, IC revenue will reach $269.1 billion, outdoing 2007, says Databeans.
EL SEGUNDO, CA – Once the world’s fastest-growing chip manufacturing region, China hit an all-time low in the first quarter, with nearly 60% of the nation’s semiconductor manufacturing capacity unused, according to iSuppli Corp.
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ARLINGTON, VA -- The Consumer Electronics Association today signaled its approval of Virginia secretary of technology Aneesh Chopra as the first US chief technology officer. Read more ...
HAVERHILL, MA -- DKN Research and NY Industries have developed an embedded passive technology built on thin multilayer thick film flexible substrates.  Read more ...

REDWOOD SHORES, CA -- Oracle is breaking into the equipment business in a big way, agreeing to buy Sun Microsystems in a $7.4 billion deal. Closing is expected this summer.

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