NEW YORK, September 27, 2013 /PRNewswire/ --
Today, Analysts Corner announced new research reports highlighting Applied Materials, Inc. (NASDAQ: AMAT), Broadcom Corp. (NASDAQ: BRCM), Cree, Inc. (NASDAQ: CREE), Veeco Instruments Inc. (NASDAQ: VECO), and Synopsys Inc. (NASDAQ: SNPS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Applied Materials, Inc. Research Report
On September 24, 2013, Applied Materials, Inc. (Applied Materials) announced that it has entered into a definitive merger agreement with Tokyo Electron Limited to create a global innovator in semiconductor and display manufacturing technology via an all-stock combination that values the new company at approximately $29 billion (¥2.8 trillion). Commenting on the merger, Gary Dickerson, President and CEO of Applied Materials, stated, "We are creating a global innovator in precision materials engineering and patterning that provides our new company with significant opportunities to solve our customers' high-value problems better, faster and at lower cost. We believe the combination will accelerate our momentum for profitable growth, increase the value we deliver to shareholders and create great opportunities for our employees." The Company reported that the merger transaction is expected to close in mid to second half of 2014, subject to customary conditions, including the approval of both companies' shareholders and review by regulators. The Full Research Report on Applied Materials, 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/251d_AMAT]
Broadcom Corp. Research Report
On September 13, 2013, Broadcom Corp. (Broadcom) announced that it has been accepted as a full member of the Electronic Industry Citizenship Coalition (EICC), an alliance of the world's leading electronics companies working together to improve efficiency and social, ethical, and environmental responsibility in the global supply chain. As a full EICC member, Broadcom reported that it will adopt the organization's code of conduct to ensure worker safety and fairness, environmental responsibility and business efficiency. Neil Kim, Broadcom Executive Vice President, Operations and Central Engineering, commented, "Our membership in the EICC affirms our commitment to maintain the highest standards of corporate social responsibility." Kim added, "We very much look forward to collaborating with EICC members to advance the organization's responsible business practices that result in mutually beneficial social, economic and environmental outcomes for our company and our business partners." The Full Research Report on Broadcom Corp. - 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/496f_BRCM]
Cree, Inc. Research Report
On September 18, 2013, Cree, Inc. (Cree) introduced the industry's first High-Density (HD) LED Arrays, a breakthrough technology that doubles the system intensity of spot lights compared to previous arrays. Mark Groenke, Vice President of Engineering at ConTech Lighting, said, "The new CXA1520 LED Array delivers an impressive amount of light from a very small source. I have not seen another integrated array that can match this level of lumen density." Groenke continued, "The CXA1520 LED Array enables ConTech Lighting's newest LED fixtures to exceed the efficiency and life of our ceramic metal halide fixture offerings while maintaining intensity and color quality." In addition, Tom Tang, Chairman and CEO, Tons Lightology, Inc., said, "We have several CXA1507 and CXA1512 LED array designs, and we're excited that the new CXA1520 LED Array shares the same light-emitting size as the CXA1507 and CXA1512 LED Arrays." The Full Research Report on Cree, 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/feac_CREE]
Veeco Instruments Inc. Research Report
On September 19, 2013, Veeco Instruments Inc. (Veeco) announced that it has signed an acquisition agreement to acquire Synos Technology, Inc. (Synos), which designs and manufactures Fast Array Scanning™ Atomic Layer Deposition (FAST-ALD™) systems that enable the production of flexible organic light-emitting diode (OLED) displays for mobile devices. John R. Peeler, Veeco's Chairman and CEO, stated, "Synos is an early stage company with big growth potential. We believe that their fast array scanning ALD technology for thin film encapsulation layers will remove the primary barrier to adoption of flexible OLED displays, helping make unbreakable, light-weight mobile displays a reality. Their systems are poised to move from pilot line to full production at the world leader in mobile OLED displays." Veeco reported that the initial purchase price is $70 million with a maximum potential consideration of $185 million. The Company also reported that the deal is expected to close during Q4 2013 and is anticipated to be dilutive to Veeco in 2014 and solidly accretive in 2015. The Full Research Report on Veeco Instruments 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/3583_VECO]
Synopsys Inc. Research Report
On September 23, 2013, Synopsys Inc. (Synopsys) announced the delivery of a comprehensive design implementation solution for TSMC's 16-nanometer (nm) FinFET reference flow. According to Synopsys, the jointly developed reference flow is built on tool certification currently in TSMC's V0.5 Design Rule Manual (DRM) and SPICE. Further, The Company reported that it will continue to collaborate on tool sets with TSMC for 16-nm FinFET V1.0 certification. The Full Research Report on Synopsys 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/89b8_SNPS]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- 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.
- 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.
- 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 pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
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.
SOURCE Analysts' Corner