20.08.2013 14:00:00

Financial Results and Acquisitions - Research Report on Dell, Applied Materials, Maxim Integrated, Himax, and Mellanox

NEW YORK, August 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Dell Inc. (NASDAQ: DELL), Applied Materials, Inc. (NASDAQ: AMAT), Maxim Integrated Products Inc. (NASDAQ: MXIM), Himax Technologies, Inc. (NASDAQ: HIMX), and Mellanox Technologies, Ltd. (NASDAQ: MLNX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dell Inc. Research Report

On August 15, 2013, Dell Inc. (Dell) reported its financial results for Q2 FY 2014 (period ended August 2, 2013) with revenue increasing 0.2% YoY to $14.5 billion. Net income stood at $204 million, or $0.12 per diluted share, in Q2 FY 2014, compared to net income of $732 million, or $0.42 per diluted share, in Q2 FY 2013. Commenting on the results, Brian Gladden, CFO, said, "In a challenging environment, we remain committed to our strategy and our customers, and we're encouraged by increasing customer interest in our end-to-end solutions offerings and continued growth in our Enterprise Solutions, Services and Software businesses." The Company stated that, given its February 5, 2013 announcement of a definitive merger agreement to make the Company private, it is not providing an outlook. The Full Research Report on Dell Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/DELL]

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Applied Materials, Inc. Research Report

On August 15, 2013, Applied Materials, Inc. (Applied Materials) reported its Q3 FY 2013 (period ended July 28, 2013) financial results with net sales declining 15.7% YoY to $2 billion. Net income was $168 million, or $0.14 per diluted share, in Q3 FY 2013, compared to net income of $218 million, or $0.17 per diluted share, in Q3 FY 2012. Commenting on the results, Mike Splinter, Chairman and Chief Executive Officer of Applied Materials, said, "Consumers' appetite for mobile devices and larger TVs is driving healthy demand for our semiconductor and display equipment. We are seeing stronger investment by our memory customers, and our display business booked its highest orders in over two years." For Q4 FY 2013, the Company expects net sales to be approximately flat as compared to the Q3 FY 2013. The Full Research Report on Applied Materials, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/AMAT]

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Maxim Integrated Products Inc. Research Report

On August 15, 2013, Maxim Integrated Products Inc. (Maxim Integrated) announced that it has signed a definitive agreement to acquire Volterra Semiconductor Corp. (Volterra) for $23 per share, which represents a 55% premium to Volterra's closing share price on August 14, 2013. According to Maxim Integrated, the value of the transaction is approximately $605 million equity value or $450 million net of Volterra's cash position of approximately $155 million. Tunç Doluca, Maxim's President and CEO, said, "Maxim Integrated is known for its highly integrated solutions. With Volterra, we will strengthen our position in the enterprise and communications markets. We add a very talented team and leading-edge proprietary technology in high-current power management solutions, which further diversifies our business model." Subject to regulatory approvals, Maxim expects the acquisition to close early in the December 2013 quarter. The Full Research Report on Maxim Integrated Products Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/MXIM]

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Himax Technologies, Inc. Research Report

On August 15, 2013, Himax Technologies, Inc. (Himax) reported its Q2 2013 financial results with net revenues increasing 9.2% YoY to $207 million. Net income attributable to Himax a stockholder stood at $19.4 million, or $0.11 per diluted share, in Q2 2013, compared to $15.1 million, or $0.09 per diluted share, in Q2 2012. Commenting on the results, Mr. Jordan Wu, President and CEO of Himax, said, "The core drivers of our business strategy remain intact. By focusing our investments in higher growth markets and higher margin products, we have been able to sustain double‐digit growth in our small and medium sized driver and non‐driver IC businesses while steadily improving our margins. The progress we are making in our LCOS microdisplays is another example of our technology leadership."For Q3 2013, Himax expects net revenue to decline by between 5% and 12% QoQ. The Full Research Report on Himax Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/HIMX]

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Mellanox Technologies, Ltd. Research Report

On August 15, 2013, Mellanox Technologies (Mellanox) announced that it has completed the acquisition of Kotura Inc. (Kotura), a privately held provider of advanced silicon photonics optical interconnect technology for high-speed networking applications, for a total cash purchase price of approximately $82 million, subject to certain working capital and other adjustments. According to Mellanox, the acquisition empowers its ability to provide leading technologies for high speed, scalable and efficient end-to-end interconnect solutions, and is expected to increase Mellanox's competiveness to meet the increasing demands of high-performance, Web 2.0, cloud, data center, database, financial services and storage applications. Eyal Waldman, President and CEO of Mellanox, said, "Through our acquisition of Kotura, we now have the silicon photonics technology to continue the development of best-in-class, next-generation InfiniBand and Ethernet interconnect solutions for 100Gb/s and beyond. This acquisition solidifies our strategy to provide full end-to-end interconnect solutions for our server and storage customers." The Full Research Report on Mellanox Technologies, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/MLNX]

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