Boston, MA 10/15/2014 (wallstreetpr) – Rambus Inc. (NASDAQ:RMBS) has announced that it has sought and received the licensing rights to Arteris® FlexNoC® fabric IP from network-on-chip solutions provider Arteris Inc. The tech firm Rambus Inc. (NASDAQ:RMBS) hopes to embed the interconnect IP technology in its development programs and there by achieve faster development cycles during designing phase. Mr. Mike Uhler who heads the Emerging Solutions Division as its Vice President also disclosed that the licensed solution provides it with “flexibility to create derivations” and in turn make the firm nimbler to meet the fast changing needs of the customers.
Bluephoenix Solutions Ltd (NASDAQ:BPHX) issued a public notice to all its share holders on 14th October, ahead of its 2014 Annual General Meeting of Shareholders scheduled to be held on November 18, 2014 at Seattle, Washington. The notice also lists out the agenda for the General body meeting. The main agenda items include the voting on the merger agreement between “Modern Systems Corporation, BP-AT Acquisition Corporation, Sophisticated Business Systems, Inc and Scott Miller.” The notice also indicated that the share holders would be asked to approve the increase in share capital of the firm from previous 17,500,000 to new level of 25,000,000.
Global IT services firm Virtusa Corporation (NASDAQ:VRTU) announced on 14th October that it has been recognized as the Bronze winner at the 11th Annual International Business Awards given out to the Communications and Investor Relations professionals. The much coveted award winners are chosen by a secret vote amongst more than 250 executives who are prominent professionals in the Communications and Investor Relations sector. Company Chief Financial Officer and EVP Ranjan Kalia expressed his happiness at the prestigious recognition and went on to add that the investor relations program and initiatives of his company are based on the twin foundations of “financial transparency and balanced insights.”