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Flextronics has entered into a definitive agreement to acquire Mirro Controls International (MCi) from private quity firm Egeria, in an all cash transaction which values its share capital at €457 million. MCi manufactures glass and powerfold mirror actuators for the automotive market, with three manufacturing facilities in China, Mexico and Ireland.
Digital cinema pioneer Barco announces that Nordisk Film Biografer, the leading developer, producer, distributor and exhibitor of films in the Nordic region, has chosen the Barco DP4K-60L laser projector to power the main premium large format (PLF) screen of its multiplex in the prestigious Field’s shopping and entertainment center in Copenhagen, Denmark. With over 115,000m² … Read more
Epson, the number-one selling projector brand worldwide, today introduced the PowerLite® 4770W, a widescreen projector delivering brilliant color and amazing image quality for almost any venue. The PowerLite 4770W ($1999) delivers 5,000 lumens of color brightness, 5,000 lumens of white brightness and WXGA resolution, as well as advanced connectivity options and cutting-edge video processing for … Read more
BAE Systems and Turkey’s Fotoniks are to work together to develop and deliver aircraft display systems. Fotoniks will work to integrate BAE’s LiteHUD head-up display into the HUD system for the Hürkuş training aircraft as part of the agreement. Designed using BAE Systems’ patented waveguide technology, LiteHUD is said to be 60% smaller by volume … Read more
Innolux Corporation recorded a first quarter net profit of NT$8.6 billion ($279.3 million) on turnover of NT$100.2 billion ($3.2 billion), which compares with a net profit of NT$153 million ($4.9 million) on turnover of NT$89.5 billion ($2.9 billion) in Q1 of last year. The company shipped 7 million square metres of panel in the first … Read more
Vestel Elektronik has released its first quarter results, posting a net loss in Q1 of 74.1 million Turkish lira (TRY) ($27.5 million) on turnover of TRY1.8 billion ($669.3 million), which compares with a net profit a year earlier of TRY51.4 million ($19.1 million) on turnover of TRY1.7 billion ($632.9 million).
The president and CEO of the Consumer Electronics Association, Gary Shapiro, has been named as a 2015 Tech Titan by Washingtonian magazine. Tech Titans are ‘the most influential and exciting people in the local technology scene’. Shapiro was particularly recognised for his role in promoting technologies such as autonomous vehicles and 3D printing.
Cisco has named Chuck Robbins as the company’s next CEO, with effect from 26th July. Robbins has been with Cisco since 1997, most recently serving as senior VP of worldwide operations. The company also announced that current CEO, John Chambers, will assume the role of executive chairman.
Dell has signed an agreement with Tech Data in the UK as part of its “omni-channel” strategy to provide resellers with a choice of buying options. The two companies have already signed distribution agreements in the Nordic region, France and Switzerland. Tech Data joins Exertis and Ingram Micro to provide full coverage of the UK … Read more
The Regent Street Cinema in London – the location of the first public cinema screening in the UK – has re-opened its doors. It is almost 120 years since the inaugural showing, which featured a train moving into and out of a station, and 35 years since the cinema was closed. A 16mm film projector … Read more
GfK Chart-Track data shows that 2 million units of Sony’s Playstation console have been sold in the UK to-date. The console has been on sale for 18 months – reaching the 2-million-unit mark faster than the previous best-seller, the Playstation 2.
Nordisk Film Biografer, a Nordic film developer, has chosen Barco’s DP4K-60L projector to be used in the main screen of its multiplex in the Field’s shopping centre in Copenhagen. The new 1,500-seat cinema complex will be opened in August.
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