April 13, 2013 |
Two years ago, CyOptics Inc. was looking to go public and raise $100 million, but it dropped those plans last May. On Thursday, the Lehigh County maker of optical components agreed to be acquired for $400 million. The buyer? A cash-rich Singapore company called Avago Technologies Inc. It's telling that Avago was able to pull off its initial public offering during one of the worst years for such financings (2009), while CyOptics couldn't squeak through the IPO window during the year when Facebook went public - the biggest tech IPO ever.
November 30, 2012 |
AUSTIN, Texas - The woman, a test subject, sits at a computer listening to a set of scripted instructions. "Tell me what you think, not what I want you to think. You can leave at any time. I'm here to learn about how travelers obtain traffic and road construction information through a website. " Conducting the test is a University of Texas master's in information science student, Donna Habersaat. She watches and answers questions as the test subject clicks and scrolls through drivetexas.org, a Texas Department of Transportation website for travelers.
October 15, 2011
Dennis M. Ritchie, 70, who helped shape the modern digital era by creating software tools that power everything from search engines such as Google to smartphones, was found dead Wednesday at his home in Berkeley Heights, N.J. Mr. Ritchie, who lived alone, had been in frail health in recent years after treatment for prostate cancer and heart disease, said his brother Bill. In the late 1960s and early '70s, working at Bell Labs, Mr. Ritchie made a pair of lasting contributions to computer science.
September 27, 1999 |
Another industrial revolution is under way here as the mills and factories that made this city famous give way to the technology economy. And nowhere is that change more evident than in the carpeted hallways of Lucent Technologies Inc., where robotic mail-delivery units beep quietly along. From the outside, Lucent's Allentown facility is unmistakably a factory: an institutional-strength concrete rectangle common to post-World War II construction. It could be producing anything.
May 2, 1998
OK, so it didn't have the star-power of the Academy Awards. No one commented on what the winners wore or who accompanied them to the Franklin Institute on Thursday evening when they received their money and medals. The Franklin Institute's awards program does not bring Hollywood to the Parkway. But each year, it does bring world recognition to scientists, business leaders and thinkers whose contributions will last far longer than any 15 minutes of fame. It says something about America that we drool over statuettes given to soap-opera actors and makeup artists, but don't applaud loudly enough for those whose quieter accomplishments lead to a greater understanding of science and to the secrets of life itself.
September 14, 1995 |
Howard J. Guggenheim, 72, a retired patent-holding chemist for Bell Laboratories, died Monday at St. Mary Medical Center in Middletown Township. He had resided in Washington Crossing for six years after living in Bridgewater, N.J., for 23 years. Mr. Guggenheim was born in New York and earned his high school diploma onboard a ship headed for the South Pacific during World War II, said a son, Howard Guggenheim. As a member of the Marine Corps' Fourth Infantry Division, Mr. Guggenheim took part in the campaigns for Tinian and Saipan in the Mariana Islands.
April 29, 1995 |
For most of this century, it was the engine that made the United States the science and technology champion of the world. But now the great American research machine is sputtering. Private industry, the federal government and the universities - the three pillars supporting the nation's $180 billion scientific and engineering establishment - are pinching pennies, downsizing, and concentrating more on practical, short-term research projects than on discovering the underlying mysteries of nature.
May 26, 1993 |
Alex Egyed lived an American success story that ended nine years ago with a horrific twist. And his legacy lives on at AW Computer Systems Inc., of Mount Laurel, which he headed when he died in 1984. Namely, through a continuing worry: When will his estate sell the nearly 10 percent of the company it still owns? Not in a headlong, price-busting rush, the company announced yesterday, seeking to quell rumors. Egyed's story started when he came to America as a Hungarian refugee in 1956.
January 13, 1992 |
It was the chance to do cutting-edge research that brought Jack Fuhrer, Joseph Giordmaine, Jukka Hamalainen and Dawon Kahng to New Jersey from the four corners of the world. More than 30 years ago, Korean-born Kahng and Canadian-born Giordmaine sought out AT&T's world-renowned research center, Bell Laboratories, whose installations are scattered across northern New Jersey. There, they helped shape the electronics age with their work on transistors, semiconductor chips, quantum electronics and photonics.
July 2, 1991 |
John S. Mayo, an engineer who helped develop the Telstar communications satellite in just two years, yesterday was named president of AT&T Bell Laboratories - promising to bring the same speed and efficiency to the renowned research facility. Mayo, 61, said he hoped "to increase the flow of innovations to the marketplace in shorter intervals. " One way, he said, might be to develop and field-test some new products at the same time. "We can often simulate situations with computers before building prototypes," he said.