>>> Qualcomm and Himax Technologies Jointly Announce High Resolution 3D Depth Se

Qualcomm and Himax Technologies Jointly Announce High Resolution 3D Depth Sensing Solution
Enabling Computer Vision Camera Using Qualcomm Spectra™ Imaging Technology and Himax SLiM™ Optics, Sensor, Driver, and Integration Technology

SAN DIEGO and TAINAN, Taiwan, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Qualcomm Incorporated (NASDAQ:QCOM) and its subsidiary Qualcomm Technologies, Inc., and Himax Technologies, Inc. (NASDAQ:HIMX), today jointly announced a collaboration to accelerate the development and commercialization of a high resolution, low power active 3D depth sensing camera system to enable computer vision capabilities for use cases such as biometric face authentication, 3D reconstruction, and scene perception for mobile, IoT, surveillance, automotive and AR/VR.

The collaboration brings together Qualcomm Spectra™ technologies and expertise in computer vision architecture and algorithm with Himax’s complementary technologies in wafer optics, sensing, driver, and module integration capabilities to deliver a fully integrated SLiM™ (Structured Light Module) 3D solution. The SLiM™ is a turn-key 3D camera module that delivers real-time depth sensing and 3D point cloud generation with high resolution and high accuracy performance for indoor and outdoor environments. The SLiM™ is engineered for very low power consumption in a compact, low profile form factor, making the solution ideal for embedded and mobile device integration. Qualcomm Technologies and Himax will commercialize the SLiM™ 3D camera as a total camera system solution for a wide array of markets and industries with mass production targeting in Q1/2018.

“This partnership with Himax highlights the technology investments we are making with Taiwanese companies to continue leading in visual processing innovation,” said Jim Cathey, senior vice president and president, Asia Pacific and India, Qualcomm Technologies, Inc. “The combination of cutting edge technology licensing and collaboration with an industry leading Taiwanese partner like Himax will help create groundbreaking new products in Taiwan, strengthening the global 3D depth sensing ecosystem and boosting Taiwan’s economy.”

“As an engineer, it is gratifying to see how our technology inventions enable products that will enrich user experience for consumers around the world,” said Chienchung Chang, vice president of engineering, Qualcomm Technologies, Inc. “It has been a great experience collaborating with Himax on the project to enable 3D computer vision technologies in smartphones, virtual reality and augmented reality products.”

“Our 3D sensing solution will be a game changing technology for smartphones, where we will enable the Android ecosystem to provide the next generation of mobile user experience,” said Jordan Wu, President and Chief Executive Officer of Himax Technologies. “Our two companies have worked together for more than four years to design the SLiM™ 3D sensing solution to meet growing demands for enhanced computer vision capabilities that will enable amazing new features and use cases in a broad range of markets and applications. We are pleased to partner with Qualcomm Technologies to put together an ecosystem and to enable the revolutionary computer vision solutions for our customers globally in a timely fashion.”

About Qualcomm

Qualcomm's technologies powered the smartphone revolution and connected billions of people. We pioneered 3G and 4G – and now we are leading the way to 5G and a new era of intelligent, connected devices. Our products are revolutionizing industries, including automotive, computing, IoT, healthcare and data center, and are allowing millions of devices to connect with each other in ways never before imagined. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.


About Himax Technologies, Inc.

Himax Technologies, Inc. (NASDAQ:HIMX) is a fabless semiconductor solution provider dedicated to display imaging processing technologies. Himax is a worldwide market leader in display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. Additionally, Himax designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration (TDDI) single-chip solutions, LED driver ICs, power management ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions, silicon IPs and LCOS micro-displays for augmented reality (AR) devices and head-up displays (HUD) for automotive. The Company also offers digital camera solutions, including CMOS image sensors and wafer level optics for AR devices, 3D sensing and machine vision, which are used in a wide variety of applications such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices and Internet of Things. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs over 2,100 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan and the US. Himax has 3,000 patents granted and 404 patents pending approval worldwide as of June 30th, 2017. Himax has retained its position as the leading display imaging processing semiconductor solution provider to consumer electronics brands worldwide.

>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • AVAV +10%, GSM +4.8%, CAL +3.2%, BOBE +0.5%
M&A news:
  • COL +1.7% (cont strength on UTX spec)
Other news:
  • MZOR +6.4% (Mazor Robotics and Medtronic (MDT) enter next phase of strategic partnership earlier than planned; triggers $40 mln third tranche investment in Mazor)
  • OHGI +5.9% (implements $500,000 secure messaging contract with Hong Kong customer; also announces issuance of stock to Principal Executive Officer Martin Ward as repayment for debt)
  • MDCO +5.3% (FDA approved Vabomere for adults with complicated urinary tract infections)
  • CUR +3.9% (continued strength after closing +12%)
  • FSNN +3.8% (after closing up more than 25% on the day)
  • ALIM +3.6% (Alimera Sciences signs a distribution agreement with Horus Pharma; Horus will serve as Alimera's exclusive distributor in France for ILUVIEN )
  • JUNO +3.5% (continued strength after KITE/GILD news)
  • VSI +3% (Director discloses the purchase of 40k shares at $5.50 )
  • IMGN +2% (extending yesterday's move higher on JAZZ news)
  • COL +1.7% (cont strength on UTX spec)
  • XON +1.4% (continued strength after closing near highs)
  • LLY +1% (Eli Lilly and Incyte (INCY) to resubmit the NDA for baricitinib before the end of January)
  • SFM +0.9% (CFO disclosed purchase of 7000 shares worth approx $138.6K)
  • AN +0.6% (authorized the repurchase of up to an additional $250 million of common stock)
Analyst comments:
  • ITCI +8.1% (upgraded to Buy from Neutral at Ladenburg Thalmann)
  • OLED +2.3% (initiated with a Buy at Deutsche Bank)
  • PSEC +1% (upgraded to Mkt Perform from Underperform at Raymond James)
  • CIEN +0.8% (upgraded to Buy from Neutral at Citigroup)
  • CHRW +0.7% (upgraded to Overweight from Equal-Weight at Stephens)

>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • DY -18.9%, CHS -10.6%, FRO -8%, HRB -5.6%, SCSC -3.7%, OLLI -3.3%, SBGL-2.5%
Other news:
  • OTIC -80.8% (announces results for its AVERTS-1 Phase 3 clinical trial of OTIVIDEX in patients with Ménière's disease; missed primary endpoint and all key vertigo secondary endpoint)
  • XTNT -4.2% (CFO John Gandolfo tenders resignation)
  • DRYS -4.1% ( to launch its previously announced rights offering of shares of common stock)
  • ASML -1.1% (may be related to investor conference presentation)
Analyst comments:
  • COTY -0.9% (downgraded to Sell from Hold at Berenberg)
  • VNO -0.5% (downgraded to Hold from Buy at Stifel)

(SkyNews) Online fashion sensation close to finding £800m match with Apax

Online fashion sensation close to finding £800m match with Apax
The husband-and-wife founders of Matchesfashion are close to agreeing a sale of the company to buyout firm Apax, Sky News learns.

The husband-and-wife team who founded Matchesfashion.com, the online luxury fashion boutique, are close to sealing the sale of their company for about £800m.

Sky News has learnt that Apax Partners, the private equity firm, was on Tuesday nearing a deal to acquire a controlling stake in Matchesfashion after a frenetic summer bidding war.

A sale of the business, which acts as a retailer of top fashion brands such as Balenciaga and Chloë, has not yet been signed, and City sources warned that Apax's bid could yet be trumped by a rival.

Apax, which has previously invested in businesses such as Tommy Hilfiger, the fashion label, could nevertheless formalise a deal within a matter of days, they added.

If completed, the deal would catapult Tom and Ruth Chapman, Matchesfashion's founders, into the ranks of Britain's super-rich and cement their status as two of the country's most successful retail entrepreneurs.

They set up the company in 1987 as a boutique in Wimbledon, south-west London, before taking it online 20 years later.

It now sells more than 400 brands online and through three London stores, and bears comparison with rivals such as Net-a-porter and Farfetch, which is exploring plans for a $5bn stock market listing.

Matchesfashion has seen stunning sales growth in recent years as wealthy consumers turn to digital platforms to buy expensive fashion items.

As well as Apax, Bain Capital, KKR and Permira have also lodged offers for the company in recent weeks, and sources cautioned against ruling out a last-ditch counterbid from the rival firms.

The Chapmans own a controlling stake in Matchesfashion, meaning they are likely to walk away from a deal with a cheque for at least £400m.

They are being advised on the auction by Qatalyst Partners, a prominent technology-focused advisory firm based in San Francisco.

The luxury online retailer this year published details of its financial performance for the first time, underlining why buyout firms have been clamouring to own it.

The rise of multi-brand digital boutiques such as Matchesfashion underlines the changing nature of luxury retailing as premium labels strive to reach a wider audience and offer the convenience usually associated with cheaper competitors.

In full-year figures published in March, Mr Chapman, the executive co-chairman, said: "In recent years we have focused on building the foundations - of people, operations, and technology - to enable future growth, with a focus on driving an agile business at scale.

"The results to January 2017 demonstrate that we are now starting to deliver the return on the investment made."

Sales during the period soared 61% to £204m, with earnings before interest, tax, depreciation and amortisation rising about sixfold to more than £19m.

A transaction involving Matchesfashion would value the business based on this year's figures, which are likely to demonstrate further solid growth.

The precise terms of a potential deal with Apax were unclear on Tuesday.

The Chapmans are not the only shareholders in the company they founded.

Two years ago, they appointed Ulric Jerome as Matchesfashion's chief executive, triggering an acceleration of technology investment and the launch of a 90-minute delivery service in London.

In 2012, they sold a minority stake to Scottish Equity Partners and Highland Capital for £32m, with both firms set for a handsome return on their investments.

Spokesmen for Matchesfashion and Apax declined to comment on Friday.

>>> Air Berlin: Lufthansa looking to buy 12 long-haul planes; Germania asks cour

Air Berlin: Lufthansa looking to buy 12 long-haul planes; Germania asks court to block bridge loan from German government - report
30 AUG 2017
The German airline Lufthansa [ETR:LHA] plans to buy about 12 long haul-aircraft and the related transatlantic routes from the insolvent airline Air Berlin, according to a newswire report. A Reuters report on Tuesday, 29 August cited a person familiar with the matter for the information.
Air Berlin, a German airline, this month declared itself insolvent and sought bankruptcy protection, the item noted.
At least six parties are working on offers for Air Berlin Assets by a deadline of 15 September, the item said.
The deadline for offers for Air Berlin assets is 15 September, a spokesperson for the German airline said. The report cited Air Berlin for the deadline date. Air Berlin’s approximately 140 leased aeroplanes and take-off and landing slots are for sale.
Lufthansa does not at present operate any long-haul routes out of Berlin and is particularly keen on buying Air Berlin’s routes to the US, according to the source cited by the report.
Lufthansa could buy up to 90 Air Berlin aircraft including 38 planes already leased by Lufthansa from Air Berlin and Air Berlin’s Austrian subsidiary Niki, according to a source cited by a Reuters report this month.
Separately, the article noted that Germania, a German competitor to Air Berlin, on Tuesday, 29 August began a legal action in an attempt to block the German government’s EUR 150m (USD 179m) bridge loan to Air Berlin pending approval of the loan by the European Commission.
However, Germania’s legal action will not prevent disbursement of the loan funds, according to the German economy ministry. A European Commission spokesperson cited by the report also believed that the loan will be approved.
Previous reports have said the UK-based budget airline easyJet [LON:EZJ] and Condor, a subsidiary of Thomas Cook[LON:TCG], could acquire the remainder of Air Berlin’s fleet.
Ryanair [LON:RYA], an Irish airline, has also previously indicated interest in buying Air Berlin, although Ryanair chief executive Michael O’Leary has said the Air Berlin sale process is being manipulated to favour Lufthansa.
Niki Lauda, a former motorsport driver, has indicated interest in acquiring Niki, as previously reported.
The private investor Hans Rudolf Woehrl wants to acquire Air Berlin outright, as previously reported.

>>> Media Capital/Altice sees appointment of independent auditor by regulator to

Media Capital/Altice sees appointment of independent auditor by regulator to fix maximum offer price (translated)
30 AUG 2017
The CMVM Portuguese Securities Commission has appointed an independent auditor to set the maximum price for the takeover offer on Media Capital [ELI:MCP] by Meo (Altice [AMS:ATC] - formerly PT Portugal).
The maximum price will be set in an agreement between the buyer and seller through private negotiations. Altice, the group that bought PT Portugal two years ago, announced in July it reached agreement with Prisa [BME:PRS] to buy Media Capital for an initial consideration of EUR 440m.