Inphi taps new CEO after profits fall 93%
Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →
InTouch scores $6M investment
Goleta-based InTouch Health, a telemedicine robot maker, has received an investment of $6 million from iRobot. InTouch’s telemedicine robots allow doctors to examine patients and prescribe drugs remotely. The company, which has signaled that it intends to go public, received its last round of funding in a $10 million private placement in 2010. In July, Read More →
A $494M bet on bandwidth: Semtech places its chips on Canadian firm
Ontario-based Gennum makes chips used by video firms for high-integrity signals.
The next dimension: TrueVision inks deal with microscope maker
TrueVision Systems has inked a deal with the world’s second-biggest maker of surgical microscopes.
Semtech to buy Canadian firm for $494M
Camarillo-based semiconductor firm Semtech plans to buy a Canadian chipmaker for $494 million. The agreement to buy Burlington, Ontario-based Gennum is Semtech’s second large acquisition since 2009, when it closed a deal to buy Irvine-based Sierra Monolithics for $180 million. The Gennum deal fits neatly into the strategic plan put in place by Semtech’s leadership Read More →
The future of health care: Digital records and remote robots
People don’t have to die because of where they live or because the can’t access their own medical records. That was the theme of the Jan. 18 program of the MIT Central Coast Enterprise Forum. Three area technology companies, InTouch Health, BioIQ and Active Life Scientific presented at the Santa Barbara event. Michael Chan of Read More →
