Sun Microsystems Inc. has bought the technology assets of processor startup Montalvo Systems Inc. (Santa Clara, Calif.), according to several online reports that cite Sun as their source.
Quintic Corp. (Santa Clara, Calif.), a fabless semiconductor startup developing wireless connection chips for consumer and computer equipment, has raised $7.5 million in a second round of funding, according to the LinkSV website.
Market research firm iSuppli suggests the worst may be over for suppliers of DRAMs and has upgraded its rating on the devices to "neutral" from the "negative" rating of November 2007.
Three of the systems-on-a-chip are designed for low power consumption in devices ranging from routers, base stations, storage, and computers to laser printers.
Singaporean foundry provider Chartered Semiconductor Manufacturing Ltd. posted revenues of $388.2 million in the first quarter, up 19.9 percent from a year ago and up 10.1 percent sequentially.