2017-09-08

Infineon Invests in XMOS to March into Market of Voice-controlled Technology

Cars, homes, industrial plants and consumer devices are rapidly becoming connected to the Internet: 3 years from now, 30 billion devices will belong to the Internet of Things (IoT). While today the interaction between humans and machines is mostly done by touch, the next evolutionary step of IoT will lead to the omni-presence of high-performance voice control. Infineon Technologies AG wants to further develop its capabilities to shape this market segment. Complementing other partnerships, Infineon has made a strategic minority investment in XMOS Limited, a Bristol based fabless semiconductor company that provides voice processors for IoT devices. Infineon leads the recent USD 15 million Series-E funding round.
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2017-08-10

Veeco Reports Continued Revenue Growth Despite Tumbling Shares

Process equipment provider Veeco reported on 3rd August its financial results in 2Q17. The company ended the second quarter with a solid revenue of USD 115.1 million, up 52.9% YoY. Yet, shares of the company slumped by 20% at 1 p.m. the next day after the financial announcement, as The Motley Fool carried in its report.
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