Mosaid lands $4-million deal for encryption chip

Article Abstract:

Mosaid Technologies Inc. of Kanata, Ontario, will design and supply a new type of chip for an unnamed partner in the fast-growing encryption market in a contract valued at C$4 million. The semiconductor firm said the new chip, which is expected to boost revenue by up to 50% in three years, will be faster than existing counterparts and can encrypt and understand data transmitted under a range of algorithmic systems. Mosaid president George Cwynar said the new chip will incorporate a system-on-chip design consolidating microprocessing power, adequate memory and logic.

Comment:

To design & supply new type of chip for unnamed partner in fast-growing encryption market in a contract valued at C$4 million

Microprocessor Chips, New orders received, CPUs (Central processing units), Mosaid Technologies Inc.

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Newbridge-3Com union believed in peril

Article Abstract:

Newbridge Networks Corp. of Kanata, Ontario, is planning to disengage itself from its sales-and-marketing alliance with 3Com Corp. which means that it failed again to venture into the profitable local-area-network market, based on a report that will be released soon. Newbridge Networks was expecting that the partnership would help it form effective ties with industry leaders and improve its revenue base. Still, analysts consider the alliance to still pose viable opportunities aside from higher revenue gains.

Comment:

Is planning to disengage itself from its sales-and-marketing alliance with Newbridge Networks Corp. of Kanata, Ontario

United States, Computer Auxiliary Equip, Computer and Peripheral Equipment Manufacturing, Alliances, partnerships, Computer peripherals, Newbridge Networks Corp., 3Com Corp.

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Genesis feels aftershocks of Taiwan quake

Article Abstract:

Genesis Microchip Inc Chairman and CEO Paul Russo announced shareholders meeting on Sep 28, 1999, that the company's semiconductor supply has been temporarily disrupted due to the earthquake that hit Taiwan in the third week of Sep 1999. Aside from affecting its clients' assembly operations, the Thornhill, Ontario-based company anticipates adverse effect of the earthquake on its earnings and revenues this quarter and the next.

Strategy & planning, Semiconductor Devices, Genesis Microchip Inc.

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