VYCON, a designer and manufacturer of environmentally friendly, high-speed energy storage flywheel systems, announced that cloud, managed services, and colocation provider EasyStreet Online Services has chosen to protect its state-of-the-art data center with its clean backup power systems. EasyStreet (www.easystreet.com), an EPA Green Power Partner, is committed to green technologies and its new SAS 70, […]

Orion Fans, a manufacturer of standard and custom ac and dc fans, fan trays and accessories, and Digi-Key Corp. have entered into an agreement in which Digi-Key will distribute Orion Fans’ product lines to customers worldwide. The global agreement covers Orion Fans’ entire thermal management portfolio. The ac, dc fans, fan trays and accessories will […]

VYCON announced that, in order to accommodate the company’s rapid growth and better meet customer demand for sustainable clean energy , it has opened a representative office in Singapore to support current and prospective customers in Asia and Southeast Asia. Throughout the region, growth and development of data centers is increasing, along with the demand […]

IEEE Standards Association (IEEE-SA) announced the IEEE P1901.2 Low Frequency (less than 500 kHz) Narrow Band Power Line Communications Working Group (WG) made significant progress with the draft standard during its recent meeting in Las Vegas, 11-15 April. To continue the momentum, the diverse cross-industry body of members will assemble again at the next IEEE […]

Freescale Semiconductor Holdings I, Ltd. announced that the company has priced its initial public offering of 43,500,000 common shares at $18per share. In connection with the offering, Freescale granted the underwriters a 30-day option to purchase up to 6,525,000 additional common shares at the public offering price less underwriting discounts to cover over-allotments, if any. […]

Morgan Solar Inc. has closed USD $16.5 million in the first tranche of its Series B funding round to ramp up manufacturing and deployment of its Sun Simba concentrated photovoltaic module. The Sun Simba, based on Morgan Solar’s unique, patented Light-guide Solar Optic, is an ultra-thin, lightweight module that is simple and inexpensive to manufacture. […]

Skyworks Solutions, Inc. has signed a definitive agreement to purchase Advanced Analogic Technologies Inc.. This acquisition expands Skyworks’ portfolio with highly complementary analog semiconductor products including battery chargers, dc-dc converters, voltage regulators and LED drivers. “Skyworks’ acquisition of Advanced Analogic Technologies will enable us to further capitalize on our strong smart phone, tablet, set-top box […]

American Superconductor Corp. announced that Daniel P. McGahn, President and Chief Operating Officer, has been appointed Chief Executive Officer and a member of the Board of Directors, effective June 1, 2011. Dan McGahn succeeds founder Gregory J. Yurek, who is retiring after more than two decades of service to the company as part of the […]

Tesla Motors, Inc. announced a follow-on offering of 5,300,000 shares of its common stock. All 5,300,000 shares are being offered by the company. In addition, the company has granted the underwriter a 30-day option to purchase up to an additional 795,000 shares of common stock. Additionally, in a private placement to occur concurrently with the […]