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Acquisitions, Licensing Agreements, Expansions, Loan Agreements, and New Products - Research Report on LSI, Micron, SolarCity, Canadian Solar, and Silicon Labs

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Dec 19, 2013, 08:00 ET

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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:

http://www.AnalystsCorner.com/r/full_research_report/40b9_LSI

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:

http://www.AnalystsCorner.com/r/full_research_report/9e1c_MU

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:

http://www.AnalystsCorner.com/r/full_research_report/9fe0_SCTY

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:

http://www.AnalystsCorner.com/r/full_research_report/3fbd_CSIQ

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:

http://www.AnalystsCorner.com/r/full_research_report/3d6a_SLAB

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsCorner.com

SOURCE Analysts' Corner

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