Latest Memsic (MEMS) Headlines
Global Magnetic Sensors Market to 2018 with Allegro MicroSystems, Asahi Kasei, Infineon Tech & Micronas Semiconductor Dominating
M2 - Thu Feb 27, 3:39AM CST
Research and Markets (http://www.researchandmarkets.com/research/fx2ldz/global_magnetic) has announced the addition of the "Global Magnetic Sensors Market 2014-2018" report to their offering. The Global Magnetic Sensors market to grow at a CAGR of 7% over the period 2013-2018. One of the major trends in this market is the miniaturization of magnetic sensors due to their increasing usage in electronic appliances. The size of magnetic sensors has decreased significantly due to advancements in technology, resulting in their use in a greater variety of applications. Since the inception of the giant magnetoresistive type of magnetic sensor, magnetic sensors have further decreased in size. Moreover, the precision and range of sensors has increased considerably. These new sensors are being used in smaller and high-precision products, thereby reducing the weight of the end products while increasing accuracy. As an example, mobile phone manufacturers require low-weight components, hence the availability of low-weight magnetic sensors is proving to be beneficial for these manufacturers One of the major drivers in this market is the increasing usage of magnetic sensors in automotive and electronic compasses. The Automotive and Electronics industries are the largest end-users of magnetic sensors. Magnetic sensors provide safety as they are used in power trains, air bags, air pressure controls, and fuel systems. The increasing demand for smartphones and tablets also has a positive impact on the market. Further, the report states that one of the major challenges in the market is the increasing cost of automotive systems. The increasing cost of automotive systems, raw materials, and commodity products is making it difficult for automobile manufacturers to keep their product prices low. Hence, automotive manufacturers are looking for low-cost solutions as an alternative to magnetic sensors. Key vendors dominating this space are: - Allegro MicroSystems Inc. - Asahi Kasei Corp. - Infineon Technologies AG - Micronas Semiconductor Holding AG. Other vendors mentioned in the report are: - Melexis Microelectronic Systems - NXP Semiconductors N.V. - MEMSIC Inc. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Market Segmentation by Technology 08. Market Segmentation by End-users 09. Geographical Segmentation 10. Key Leading Countries 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/fx2ldz/global_magnetic
MEMSIC Announces a Wearable Connected Watch Development Kit for Context Awareness, Health and Fitness, Sports, Motion and Orientation Detection
GlobeNewswire - Wed Jan 08, 12:27PM CST
MEMSIC, Inc.(www.memsic.com), a leading MEMS solutions provider, today announced here at CES 2014 the first of its kind connected watch SDK (MMW-SDK) with an integrated e-Compass. Its availability facilitates the rapid development of a wide range of wearable consumer electronic applications with connectivity to Apple and Android platforms. Contact watchsdk@memsic.com to schedule a meeting at CES.
MEMSIC Introduces eCompass Library at ARM TechCon 2013
GlobeNewswire - Thu Oct 31, 6:22PM CDT
MEMSIC, Inc. (Nasdaq:MEMS), a leading solutions provider combining proprietary MEMS technology with systems solutions, today announced at the ARM TechCon conference an Electronic Compass (e-compass) library. This is the first member of its Atmel applications Gallery library, which accelerates embedded designers ability to create smarter connected devices including consumer sensor hubs, Internet of Things and wearables.
MEMSIC Announces Completion of Merger
GlobeNewswire - Tue Sep 17, 1:33PM CDT
MEMSIC, Inc. (Nasdaq:MEMS) ("MEMSIC" or the "Company"), a leading MEMS solution provider, today announced the completion of the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger, dated April 22, 2013 (the "Merger Agreement"), by and among MZ Investment Holdings Limited ("Parent"), MZ Investment Holdings Merger Sub Limited ("Merger Sub") and the Company. As a result of the merger, Merger Sub merged with and into the Company, with the Company continuing as the surviving company after the merger as a wholly-owned subsidiary of Parent.
MEMSIC Announces Second-Quarter 2013 Results
Business Wire - Thu Aug 08, 3:05PM CDT
MEMSIC, Inc. (NasdaqGM: MEMS), a leading MEMS sensing solution provider, today announced financial results for the second quarter ended June 30, 2013.
MEMSIC Introduces High-Performance Two-Axis Magnetic Sensor at Sensors Expo 2013
GlobeNewswire - Wed Jun 05, 10:00AM CDT
MEMSIC Inc. (Nasdaq:MEMS), a leading sensor solution provider, announced today at Sensors Expo (Booth #417) the availability of its MMC246xMT Two-Axis Magnetic Sensor. This fully integrated high performance part is provided in a miniature 2.0 mm. x 2.0 mm. x 1.0 mm. Land Grid Array (LGA) package and is capable of operating from a single 1.8 V supply. It offers the industry's best performance at the lowest power consumption for a two-axis magnetic sensor, making it ideal for portable applications. Applications include electronic compassing, in-vehicle GPS assist, GPS wristwatches and industrial field measurements including traffic control and parking management.
Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of MEMSIC, Inc. (MEMS)
Business Wire - Mon May 13, 6:05PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NASDAQ: MEMS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to IDG-Accel China Capital II, L.P. and its affiliates MZ Investment Holdings Limited and MZ Investment Holdings Merger Sub Limited in a deal valued at approximately $88.5 million. Under the terms of the proposed transaction, MEMSIC's stockholders will receive $4.225 for each share of MEMSIC common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $4.23 for MEMSIC.
MEMSIC Announces First-Quarter 2013 Results
Business Wire - Mon May 13, 3:05PM CDT
MEMSIC, Inc. (NasdaqGM: MEMS), a leading MEMS sensing solution provider, today announced financial results for the first quarter ended March 31, 2013.
Law Firm Brower Piven Announces Investigation of MEMSIC, Inc. Proposed Buyout
Business Wire - Tue Apr 30, 10:33AM CDT
The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of MEMSIC, Inc. ("MEMSIC" or the "Company") (Nasdaq: MEMS) and other violations of state law by the board of directors of MEMSIC relating to the proposed acquisition of the Company by IDG-Accel China Capital II L.P. The firm's investigation seeks to determine, among other things, whether the board of directors of MEMSIC breached their fiduciary duties by failing to maximize shareholder value.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of MEMSIC, Inc. in Connection with the Sale of the Company to IDG-Accel China Capital II, LP
PR Newswire - Mon Apr 29, 12:35PM CDT
Levi & Korsinsky is investigating the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NasdaqGM: MEMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to IDG-Accel China Capital II, LP ("IDG") and affiliates.
ATTENTION SHAREHOLDERS: The Sale of MEMSIC, Inc. (MEMS) Under Investigation by The Young Law Firm
Business Wire - Mon Apr 29, 10:41AM CDT
The Young Law Firm is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NasdaqGM: MEMS) concerning the proposed buyout of the Company by IDG-Accel China Capital II, LP ("IDG") and affiliates. The investigation concerns whether MEMSIC's Board of Directors obtained fair value for the sale of the Company and whether the Board has fulfilled its fiduciary duties to MEMSIC's shareholders in connection with the sale.
Lifshitz Law Firm Announces Investigation of Aerosonic Corporation, Met-Pro Corporation, MEMSIC, Inc. and Power-One, Inc.
PR Newswire - Sun Apr 28, 1:05PM CDT
Aerosonic Corporation
Law Office of Brodsky & Smith, LLC Announces Investigation of MEMSIC, Inc.
Business Wire - Fri Apr 26, 8:40PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (Nasdaq: MEMS) relating to the proposed acquisition by IDG-Accel China Capital II, LP ("IDG") and affiliates.
Nasdaq stocks posting largest volume increases
AP - Wed Apr 24, 5:04PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of MEMSIC, Inc. Shareholders
Business Wire - Tue Apr 23, 5:13PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMS" or the "Company") (NASDAQ: MEMS) related to the proposed acquisition of the Company by IDG-Accel China Capital II, L.P. and Affiliates ("IDG"). Under the terms of the proposal, IDG will acquire all of the outstanding common stock of MEMSIC for $4.225 per share in cash, for a total transaction value of approximately $88.5 million.
Rigrodsky & Long, P.A. Announces Investigation Of MEMSIC, Inc. Buyout
Business Wire - Tue Apr 23, 11:27AM CDT
Rigrodsky & Long, P.A.:
Management Buyout Of MEMSIC - Law Firm Seeks Higher Price For Shareholder
PR Newswire - Tue Apr 23, 11:24AM CDT
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating on behalf of shareholders the acquisition of MEMSIC Inc. (NASDAQ: MEMS). Dr. Yang Zhao who is the Chairman of the Board and CEO of MEMS and who owns 19.5% of MEMS common stock is acquiring the remaining shares of MEMS that he does not already own for only $4.225 per share.
Global Magnetic Sensors Market to 2018 with Allegro MicroSystems, Asahi Kasei, Infineon Tech & Micronas Semiconductor Dominating
M2 - Thu Feb 27, 3:39AM CST
Research and Markets (http://www.researchandmarkets.com/research/fx2ldz/global_magnetic) has announced the addition of the "Global Magnetic Sensors Market 2014-2018" report to their offering. The Global Magnetic Sensors market to grow at a CAGR of 7% over the period 2013-2018. One of the major trends in this market is the miniaturization of magnetic sensors due to their increasing usage in electronic appliances. The size of magnetic sensors has decreased significantly due to advancements in technology, resulting in their use in a greater variety of applications. Since the inception of the giant magnetoresistive type of magnetic sensor, magnetic sensors have further decreased in size. Moreover, the precision and range of sensors has increased considerably. These new sensors are being used in smaller and high-precision products, thereby reducing the weight of the end products while increasing accuracy. As an example, mobile phone manufacturers require low-weight components, hence the availability of low-weight magnetic sensors is proving to be beneficial for these manufacturers One of the major drivers in this market is the increasing usage of magnetic sensors in automotive and electronic compasses. The Automotive and Electronics industries are the largest end-users of magnetic sensors. Magnetic sensors provide safety as they are used in power trains, air bags, air pressure controls, and fuel systems. The increasing demand for smartphones and tablets also has a positive impact on the market. Further, the report states that one of the major challenges in the market is the increasing cost of automotive systems. The increasing cost of automotive systems, raw materials, and commodity products is making it difficult for automobile manufacturers to keep their product prices low. Hence, automotive manufacturers are looking for low-cost solutions as an alternative to magnetic sensors. Key vendors dominating this space are: - Allegro MicroSystems Inc. - Asahi Kasei Corp. - Infineon Technologies AG - Micronas Semiconductor Holding AG. Other vendors mentioned in the report are: - Melexis Microelectronic Systems - NXP Semiconductors N.V. - MEMSIC Inc. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Market Segmentation by Technology 08. Market Segmentation by End-users 09. Geographical Segmentation 10. Key Leading Countries 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/fx2ldz/global_magnetic
MEMSIC Announces a Wearable Connected Watch Development Kit for Context Awareness, Health and Fitness, Sports, Motion and Orientation Detection
GlobeNewswire - Wed Jan 08, 12:27PM CST
MEMSIC, Inc.(www.memsic.com), a leading MEMS solutions provider, today announced here at CES 2014 the first of its kind connected watch SDK (MMW-SDK) with an integrated e-Compass. Its availability facilitates the rapid development of a wide range of wearable consumer electronic applications with connectivity to Apple and Android platforms. Contact watchsdk@memsic.com to schedule a meeting at CES.
MEMSIC Introduces eCompass Library at ARM TechCon 2013
GlobeNewswire - Thu Oct 31, 6:22PM CDT
MEMSIC, Inc. (Nasdaq:MEMS), a leading solutions provider combining proprietary MEMS technology with systems solutions, today announced at the ARM TechCon conference an Electronic Compass (e-compass) library. This is the first member of its Atmel applications Gallery library, which accelerates embedded designers ability to create smarter connected devices including consumer sensor hubs, Internet of Things and wearables.
MEMSIC Announces Completion of Merger
GlobeNewswire - Tue Sep 17, 1:33PM CDT
MEMSIC, Inc. (Nasdaq:MEMS) ("MEMSIC" or the "Company"), a leading MEMS solution provider, today announced the completion of the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger, dated April 22, 2013 (the "Merger Agreement"), by and among MZ Investment Holdings Limited ("Parent"), MZ Investment Holdings Merger Sub Limited ("Merger Sub") and the Company. As a result of the merger, Merger Sub merged with and into the Company, with the Company continuing as the surviving company after the merger as a wholly-owned subsidiary of Parent.
MEMSIC Announces Second-Quarter 2013 Results
Business Wire - Thu Aug 08, 3:05PM CDT
MEMSIC, Inc. (NasdaqGM: MEMS), a leading MEMS sensing solution provider, today announced financial results for the second quarter ended June 30, 2013.
MEMSIC Introduces High-Performance Two-Axis Magnetic Sensor at Sensors Expo 2013
GlobeNewswire - Wed Jun 05, 10:00AM CDT
MEMSIC Inc. (Nasdaq:MEMS), a leading sensor solution provider, announced today at Sensors Expo (Booth #417) the availability of its MMC246xMT Two-Axis Magnetic Sensor. This fully integrated high performance part is provided in a miniature 2.0 mm. x 2.0 mm. x 1.0 mm. Land Grid Array (LGA) package and is capable of operating from a single 1.8 V supply. It offers the industry's best performance at the lowest power consumption for a two-axis magnetic sensor, making it ideal for portable applications. Applications include electronic compassing, in-vehicle GPS assist, GPS wristwatches and industrial field measurements including traffic control and parking management.
Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of MEMSIC, Inc. (MEMS)
Business Wire - Mon May 13, 6:05PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NASDAQ: MEMS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to IDG-Accel China Capital II, L.P. and its affiliates MZ Investment Holdings Limited and MZ Investment Holdings Merger Sub Limited in a deal valued at approximately $88.5 million. Under the terms of the proposed transaction, MEMSIC's stockholders will receive $4.225 for each share of MEMSIC common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $4.23 for MEMSIC.
MEMSIC Announces First-Quarter 2013 Results
Business Wire - Mon May 13, 3:05PM CDT
MEMSIC, Inc. (NasdaqGM: MEMS), a leading MEMS sensing solution provider, today announced financial results for the first quarter ended March 31, 2013.
Law Firm Brower Piven Announces Investigation of MEMSIC, Inc. Proposed Buyout
Business Wire - Tue Apr 30, 10:33AM CDT
The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of MEMSIC, Inc. ("MEMSIC" or the "Company") (Nasdaq: MEMS) and other violations of state law by the board of directors of MEMSIC relating to the proposed acquisition of the Company by IDG-Accel China Capital II L.P. The firm's investigation seeks to determine, among other things, whether the board of directors of MEMSIC breached their fiduciary duties by failing to maximize shareholder value.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of MEMSIC, Inc. in Connection with the Sale of the Company to IDG-Accel China Capital II, LP
PR Newswire - Mon Apr 29, 12:35PM CDT
Levi & Korsinsky is investigating the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NasdaqGM: MEMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to IDG-Accel China Capital II, LP ("IDG") and affiliates.
ATTENTION SHAREHOLDERS: The Sale of MEMSIC, Inc. (MEMS) Under Investigation by The Young Law Firm
Business Wire - Mon Apr 29, 10:41AM CDT
The Young Law Firm is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (NasdaqGM: MEMS) concerning the proposed buyout of the Company by IDG-Accel China Capital II, LP ("IDG") and affiliates. The investigation concerns whether MEMSIC's Board of Directors obtained fair value for the sale of the Company and whether the Board has fulfilled its fiduciary duties to MEMSIC's shareholders in connection with the sale.
Lifshitz Law Firm Announces Investigation of Aerosonic Corporation, Met-Pro Corporation, MEMSIC, Inc. and Power-One, Inc.
PR Newswire - Sun Apr 28, 1:05PM CDT
Aerosonic Corporation
Law Office of Brodsky & Smith, LLC Announces Investigation of MEMSIC, Inc.
Business Wire - Fri Apr 26, 8:40PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMSIC" or the "Company") (Nasdaq: MEMS) relating to the proposed acquisition by IDG-Accel China Capital II, LP ("IDG") and affiliates.
Nasdaq stocks posting largest volume increases
AP - Wed Apr 24, 5:04PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of MEMSIC, Inc. Shareholders
Business Wire - Tue Apr 23, 5:13PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of MEMSIC, Inc. ("MEMS" or the "Company") (NASDAQ: MEMS) related to the proposed acquisition of the Company by IDG-Accel China Capital II, L.P. and Affiliates ("IDG"). Under the terms of the proposal, IDG will acquire all of the outstanding common stock of MEMSIC for $4.225 per share in cash, for a total transaction value of approximately $88.5 million.
Rigrodsky & Long, P.A. Announces Investigation Of MEMSIC, Inc. Buyout
Business Wire - Tue Apr 23, 11:27AM CDT
Rigrodsky & Long, P.A.:
Management Buyout Of MEMSIC - Law Firm Seeks Higher Price For Shareholder
PR Newswire - Tue Apr 23, 11:24AM CDT
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating on behalf of shareholders the acquisition of MEMSIC Inc. (NASDAQ: MEMS). Dr. Yang Zhao who is the Chairman of the Board and CEO of MEMS and who owns 19.5% of MEMS common stock is acquiring the remaining shares of MEMS that he does not already own for only $4.225 per share.
