NEW YORK, December 19, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting LSI Corporation (NASDAQ: LSI), Micron Technology Inc. (NASDAQ: MU), SolarCity Corporation (NASDAQ: SCTY), Canadian Solar Inc. (NASDAQ: CSIQ), and Silicon Laboratories Inc. (NASDAQ: SLAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
LSI Corporation Research Report
On December 16, 2013, LSI Corporation (LSI), together with Avago Technologies Limited (Avago), announced that the two Companies have entered into a definitive agreement. According to LSI, Avago will acquire LSI for $11.15 per share in an all-cash transaction which is valued at approximately $6.6 billion. LSI reported that the transaction is expected to be significantly and immediately accretive to Avago's non-GAAP free cash flow and EPS. The Company stated that the Boards of Directors of both the Companies have approved this transaction, which is expected to close during H1 2014, subject to regulatory approvals in various jurisdictions and customary closing conditions, including the approval of LSI's stockholders. The Full Research Report on LSI Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Micron Technology Inc. Research Report
On December 9, 2013, Micron Technology Inc. (Micron), together with Rambus Inc. (Rambus), announced that the two Companies have formalized a broad patent cross license agreement. Micron reported that under the said agreement, it will gain the right to use any Rambus patent for the manufacturing of specified integrated circuit products, such as any memory integrated circuit products. The Company stated that Rambus will receive quarterly royalty payments over the next seven years, which will be capped at $10 million per quarter, with a rolling twelve-month cap fixed at $40 million, or $280 million during the initial term. Micron informed that it has the option to extend the initial term of the agreement for additional renewal period, and that all outstanding patent and antitrust claims have been settled by the two Companies. Further, the Company explained that the agreement's scope covers both Micron and Elpida products. The Full Research Report on Micron Technology Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
SolarCity Corporation Research Report
On December 16, 2013, SolarCity Corporation (SolarCity) announced the opening of its 8,000-square-foot operations center in Blackwood, New Jersey. SolarCity reported that it expects the operations center to generate new jobs and to help South Jersey homeowners save money by using cleaner energy. Leon Keshishian, SolarCity's Regional Vice President on the East Coast, commented, "To meet the type of demand we're seeing in South Jersey, we need cut drive times and get out to homes faster than we could from our Cranbury Operations Center." Keshishian added, "We've had a lot of success here in South Jersey because we can offer homeowners from a range of socio-economic backgrounds the option to get solar with no upfront cost and make it possible for them to immediately pay less on their monthly bill." The Full Research Report on SolarCity Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Canadian Solar Inc. Research Report
On December 9, 2013, Canadian Solar Inc. (Canadian Solar) announced that it has signed a $40 million loan agreement with Harvest North Star Capital (Harvest North Star or HNSC). According to Canadian Solar, the loan facility is split into 3 tranches, with the drawdown of the first tranche expected in December 2013. Canadian Solar reported that the loan facility will be used to finance the development of several ground-mounted solar power projects in Japan, which total to approximately 145.1 MWdc, with approximately 40-50 MWdc expected to start construction during H1 2014. Shawn Qu, President, Chairman, and CEO of Canadian Solar, stated, "We are delighted to have the support from Harvest North Star for developing our solar power project pipeline in this important market. This loan agreement demonstrates that we are on track to execute on our Japanese solar project pipeline, consolidate our position as a leading solar energy solutions provider on a global basis, and extend the visibility into our business results well into the future." The Full Research Report on Canadian Solar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Silicon Laboratories Inc. Research Report
On December 4, 2013, Silicon Laboratories Inc. (Silicon Labs) launched a new family of relative humidity (RH) and temperature sensors that simplify RH sensing designs while providing industry-leading power efficiency and ease of use. Silicon Labs reported that its second-generation RH sensing solution, the Si701x/2x sensors, combine a standard CMOS mixed-signal IC with a proven technique of measuring humidity using a polymer dielectric film. Mark Thompson, Vice President and General Manager of Silicon Labs' Access, Power, and Sensor products, said, "The new Si701x/2x family represents the state of the art in RH sensing, offering an unmatched combination of ultra-low power, ease of use, small size, precision, reliability and compatibility with standard manufacturing flows." Thompson continued, "As the only single-chip RH/temperature sensing solutions offered by a broad-based semiconductor supplier, the Si701x/2x sensors can be combined with Silicon Labs' energy-friendly MCUs, ZigBee and sub-GHz wireless ICs, and other sensor products to address wireless sensing applications for the Internet of Things." The Full Research Report on Silicon Laboratories Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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