In brief: Sony, APA Enterprises, Bookham, Cree
In the meantime the company will use its million-units-a-month production capacity to prepare for a "powerful" launch of the PS3, which will feature the final specifications of its Blu-ray Disc player.
Sony gave no reason for the postponment, but the delay is not a surprise and was expected after announcements at the Consumer Electronics Show in January (see related story).
APA nets $1.9 million from MOCVD saleUS-based APA Enterprises has generated $1.9 million in cash by selling its MOCVD operations and related intellectual property and entering into a revenue-sharing licensing agreement.
The transaction includes the sale of the APA's multi-wafer MOCVD system and technical know-how associated with the growth of epilayers, and two heterojunction FET patents and associated intellectual property.
The company says that its Optronics division will now focus mainly on its GaN-based ultraviolet detectors and amplifiers.
Bookham raises $24 million from Caswell saleBookham is set to raise $24 million on March 30 through the sale and associated leaseback of its Caswell manufacturing facility to property investment company Scarborough Developments.
The sale of this UK facility follows a public stock offering and the sale of various other assets (see related stories), and increases the total amount of money raised by the company to $101 million.
Commenting on the sale, company CEO Giorgio Anania remarked: "We believe that Bookham now has one of the stronger balance sheets in the optical components market."
Cree gains distributor for Spain and PortugalCree has signed an agreement with Innovative LED Technologies, which is based in Barcelona, Spain, for the distribution of Cree's XLamp power LEDs in Spain and Portugal.
