Boston, MA 10/15/2014 (wallstreetpr) – Defence equipment contract manufacturer Lockheed Martin Corporation (NYSE:LMT) announced on 14th October that it has appointed Mr. Greg Psihas as Vice President. He has been tasked with running the Corporate Development efforts of the company. His department will co-ordinate all the “mergers, acquisitions and integration activities” of the firm. The appointment will take effect from Oct. 27. Mr. Psihas will also drive initiatives like “divestitures, joint and strategic ventures, technology commercialization” as per the press note released by the company. Mr. Psihas moves to Lockheed Martin Corporation (NYSE:LMT) from Applied Materials, Inc. (NASDAQ:AMAT) where he was heading the semiconductor component manufacturer’s “Mergers and Acquisitions” initiatives.
Texas Instruments Incorporated (NASDAQ:TXN) announced today that it has successfully shipped out nearly “22 billion units of copper wire bonding technology” from its production sites spread across the country. Texas Instruments Incorporated (NASDAQ:TXN) also indicated that it is involved in the manufacturing of “automotive and industrial” applications which are of highly reliable nature. The new equipment are designed to offer a minimum of 40 percent higher conductivity of power, thereby allowing its users to boost their efficiency of equipment operations.
QTS Dallas-Fort Worth, the 700,000 square foot area, mega facility of QTS Realty Trust Inc (NYSE:QTS) has announced that it is getting ready to throw open part of the facility for commercial use in near future. The announcement came after the firm concluded Phase 1 of the construction activity and initiated phase 2 of the multi year project. QTS Realty Trust Inc (NYSE:QTS) has over the past few years emerged as one of the biggest and the fast expanding data centre facilities constructor and facilitator for the IT managed services space. The complex is being developed on a sprawling 40 acre campus.