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Quantum Effect Devices, Santa Clara, Calif., an initial public offering of 3.7 million shares.
Shares of Turnstone Systems Inc., Sequenom Inc., and Quantum Effect Devices Inc. soared in their first trading day yesterday.
Quantum Effect Devices, a company that develops embedded microprocessors for routers, network computers, set-top boxes and other equipment, closed at $56.50, compared with an offering price of $16.
The chip maker PMC-Sierra Inc. said yesterday that it would buy Quantum Effect Devices Inc., a maker of microprocessors used in consumer electronics, in a stock swap worth $2.3 billion based on Tuesday's closing prices.
Besides Turnstone, they are SkilSoft, a provider of corporate training courses; Sequenom, a biotechnology company; Quantum Effect Devices, a semiconductor company; Telaxis Communications, a wireless equipment company; Centra Software, an Internet company; and Alamosa PCS, a cell phone company.
The deal is the largest in a recent string of networking component acquisitions, including that of Quantum Effect Devices Inc., which was bought last week by PMC-Sierra in a transaction originally valued at $2.3 billion; that of the closely held SiTera Inc., acquired in May by Vitesse for $750 million; and that of the closely held Agere Inc., which Lucent bought in April for about $504.5 million.
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Our work shows the necessity to consider oxidation of substrate through the subsurface buffer layer during nano-scaled field effect device fabrication with LAO method.
The main component focuses on the moving magnetic tape loops inside a sound effect device, while a mirrored panel underneath reflects the image of the tape looping on the wall behind the installation.
QCSE was first demonstrated for two-dimensional (epitaxially grown) layers of quantum wells and was used to construct devices such as the self-electro-optic effect device (SEED).
Second, quantum-effect devices are sensitive to minuscule control currents.
In place of a field-effect transistor's channel, quantum-effect devices have an "island", insulated from both the source and drain by thin layers of material.
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