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Introduction of Innovative Devices, Announcements of Quarterly Results, and New Partnerships - Research Report on Marvell Technology Group, PMC-Sierra, Atmel, Cavium, and Intersil

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


News provided by

Investors' Reports

Aug 02, 2013, 08:00 ET

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NEW YORK, August 2, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Marvell Technology Group Ltd. (NASDAQ: MRVL), PMC-Sierra Inc. (NASDAQ: PMCS), Atmel Corporation (NASDAQ: ATML), Cavium, Inc. (NASDAQ: CAVM), and Intersil Corporation (NYSE: ISIL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Marvell Technology Group Ltd. Research Report

On July 30, 2013, Marvell Technology Group Ltd. (Marvell Technology) revealed a revolutionary ARMADA 1500-mini (88DE3005) solution for Chromecast. Belonging to the first-class ARMADA 1500 product family, the Company said that ARMADA 1500-mini supports low-power applications such as TV dongles. President and Co-Founder of Marvell Technology, Weili Dai, commented, "I am very excited to see the brilliance of the tiny and beautiful Chromecast. I believe this is truly a game-changing solution to drive the new era of the 'Connected Lifestyle' by enabling easy access to online entertainment for an immersive, interactive multi-screen experience across any smartphone, tablet, laptop and big screen. I am very proud of Google's leadership in driving the ecosystem partners to deliver more powerful and very affordable solutions to serve the world of consumers for better lives. 2013 has been a phenomenal year for bringing online entertainment to TV. I am so thankful for and proud of the joint hard work and innovation by the Marvell team, the Google team and other partners in the ecosystem." The Full Research Report on Marvell Technology Group Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/MRVL ]

--

PMC-Sierra Inc. Research Report

On July 29, 2013, PMC-Sierra Inc. (PMC-Sierra) declared results for Q2 FY 2013 (period ended June 29, 2013). Net revenues in Q2 FY 2013 amounted to $127.9 million, which was up 2.2% QoQ, and down 7.2% YoY. For Q2 FY 2013, net income on a non-GAAP basis was $16.3 million or $0.08 per diluted share, compared to $13.4 million or $0.07 per diluted share in Q2 FY 2012. Greg Lang, PMC President and Chief Executive Officer, commented, "Our second quarter results were in line with our outlook despite the muted environment. The recent acquisition of IDT's PCI Express (PCIe) flash controller business further expands our growth opportunities and positions us as a leader in the rapidly growing enterprise solid-state drive (SSD) market segment." The Full Research Report on PMC-Sierra Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/PMCS ]

--

Atmel Corporation Research Report

On July 17, 2013, Atmel Corporation (Atmel) reported that Samsung has chosen Atmel's maXTouch mXT336S to power the touchscreen for its newly revealed Galaxy S4 Mini smartphone. Binay Bajaj, Director of Touch Marketing, Atmel Corporation, said, "Atmel continues to deliver world class touch solutions with our maXTouch technology for a variety of mobile applications. Our popular maXTouch mXT336S controller enables Samsung to achieve superior touch performance, thinner sleeker designs, higher moisture immunity, lower touch latencies and support for stylus and surface gestures. We look forward to an ongoing collaboration with Samsung." The Full Research Report on Atmel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/ATML ]

--

Cavium, Inc. Research Report

On July 30, 2013, Altera Corporation (Altera) reported the interoperability of its Interlaken intellectual property (IP) core on Stratix V FPGAs with Cavium Inc.'s (Cavium) OCTEON multicore processors. According to Altera, this feature streamlines OEM's device decision making process by guaranteeing chip-to-chip connectivity. John Bromhead, Director, Solutions and Services at Cavium commented, "Altera's flexible Interlaken IP enabled us to quickly show interoperability between our products. This solution gives our customers the added assurance that when they develop with Altera FPGAs and Cavium's OCTEON processors, the devices will work seamlessly together. The ease of interoperability also helps customers meet tight time-to-market windows." Alex Grbic, Altera's Director of Product Marketing, added, "The flexibility of our Interlaken IP core makes Altera FPGAs instantly usable with the variety of SoC, ASSP and ASIC device interfaces in the market. Demonstrating interoperability with Cavium OCTEON devices shows both the high quality of our Interlaken IP and our commitment to proving out solutions." The Full Research Report on Cavium, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/CAVM ]

--

Intersil Corporation Research Report

On July 30, 2013, Intersil Corporation (Intersil) reported financial results for Q2 FY 2013 (period ended July 5, 2013). Revenue for Q2 FY 2013 stood at $144.8 million, which was up 10.0% QoQ and down 11.1% YoY. Intersil posted net income of $1.0 million or $0.01 per diluted share, compared to a net loss of $14.5 million or $0.11 per diluted share in Q2 FY 2012. Commenting on the results, Dr. Necip Sayiner, Intersil President and CEO, said, "Our goal has been to identify areas where we have clearly differentiated core capabilities and significant growth prospects so that we can align our investments to capitalize on those opportunities. We have now established a strategic framework and implemented a set of immediate measures to redirect the company on a path to sustainable success." Dr. Sayiner continued, "Greater discipline in how we apply our investment dollars, improved execution, and alignment of resources with where we can establish leading market share are all elements of our long-term success model." The Full Research Report on Intersil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/ISIL ]

----

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 a CFA. 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.

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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 has, through Chartered Financial Analysts, 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.

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SOURCE Investors' Reports

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