MILPITAS, CA — (Marketwire) — 04/01/13 — Intersil Corporation (NASDAQ: ISIL), as required by NASDAQ Marketplace Rule 5635(c)(4), today announced that the Compensation Committee of its Board of Directors granted an inducement award on April 1, 2013 to Necip Sayiner, its new President and Chief Executive Officer. The inducement grant, which the Committee determined to be a material inducement to Mr. Sayiner-s entering into employment with Intersil, consists of a deferred stock unit award repre
MILPITAS, CA — (Marketwire) — 03/27/13 — Intersil Communications LLC, a subsidiary of Intersil Corporation, has filed suit against Shenzhen Victor Co., Ltd., Shenzhen Yingjiaxun Industry Co., Ltd., and Beijing Huifengchangxiang Trading Co., Ltd. in the Chinese Court for infringing patent No. ZL00126459.1.Intersil is seeking damages and intends to vigorously enforce its right to halt the sales of certain uPI Semiconductor products. The Chinese Court has accepted and will adjudicate the case.i
GENEVA — (Marketwire) — 03/26/13 — STMicroelectronics (NYSE: STM)Euro 350 million multicurrency facility supports ST-s R&D investments in Power, MEMS and Sensors, Microcontrollers, Advanced Analog and Healthcare high-growth applicationsEuro 350 million floating-rate senior bonds repaid on March 17thwith available resourcesST capital structure further strengthenedSTMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications
FREMONT, CA — (Marketwire) — 03/19/13 — DCG Systems, Inc. today announced that it has appointed Ronen Benzion to President of DCG Systems. Ronen will assume the position of President for Dr. Israel Niv, who will continue to serve as Chief Executive Officer. In their respective roles, Mr. Benzion will be expanding products into Inspection and Metrology along with continuing to lead the existing three Product Groups, Field Operations and US Manufacturing Operations, while Dr. Niv will focus on