July 24

Nokia and Qualcomm Enter Into a New Agreement.

Companies agree to settle all litigation

Nokia (NYSE: NOK - News) and Qualcomm (Nasdaq: QCOM - News) today announced that they have entered into a new agreement covering various standards including GSM, EDGE, CDMA, WCDMA, HSDPA, OFDM, WiMax, LTE and other technologies. The agreement will result in settlement of all litigation between the companies, including the withdrawal by Nokia of its complaint to the European Commission.

Under the terms of the new 15 year agreement, Nokia has been granted a license under all Qualcomm\'s patents for use in Nokia\'s mobile devices and Nokia Siemens Networks infrastructure equipment. Read more: Qualcomm ( QCOM )

July 24

GE Healthcare to Acquire Vital Signs, Inc., Expanding GE\'s Monitoring, Anesthesia and Respiratory Care Offerings

GE Healthcare, a unit of General Electric Company (NYSE: GE), and Vital Signs, Inc. (NASDAQ: VITL) announced today that they have entered into a definitive merger agreement for GE to acquire Vital Signs. Under the terms of the agreement, shareholders of Vital Signs will receive $74.50 per share in cash for each Vital Signs share they own.

Vital Signs is a global provider of medical products applicable to a wide range of care areas such as anesthesia, respiratory, sleep therapy and emergency medicine. Vital Signs has a broad product offering of innovative single-patient use products which offer significant cost advantages and improved patient care features, including reducing the potential of transmitting infections from one patient to another. Read more: Vital Signs Inc ( VITL )

July 24

GSI Commerce Reports Fiscal 2008 Second Quarter Operating Results

GSI Commerce Inc. (Nasdaq: GSIC) today announced its financial results for its fiscal 2008 second quarter ended June 28, 2008.

Fiscal 2008 Second Quarter Compared to Fiscal 2007 Second Quarter

-- Net revenues increased 47 percent to $193.2 million from $131.3 million.

-- Non-GAAP net revenues increased 85 percent to $102.9 million from $55.8 million.

-- Loss from operations was $17.2 million compared to $9.0 million and included $2.2 million in amortization expense related to e-Dialog and Zendor, which was not included in the company\'s guidance for the quarter. Read more: GSI Commerce Inc ( GSIC )

July 24th

Cirrus Logic Reports Fiscal Q1 2009 Financial Results

Cirrus Logic Inc. (Nasdaq: CRUS), a leader in high-precision analog and digital signal processing components, today announced financial results for the first quarter of fiscal year 2009, which ended June 28, 2008.

The company reported first quarter fiscal year 2009 revenue of $44.0 million, compared with $41.1 million during the first quarter of fiscal year 2008 and $44.8 million in the previous quarter. Gross margin for the quarter was 56 percent compared with 59 percent for the first quarter of fiscal year 2008 and 55 percent in the previous quarter. These first quarter results included approximately $700,000 of revenue and approximately $200,000 in costs of sales associated primarily with the shipment of end of life products from Caretta Integrated Circuits. Read more: Cirrus Logic Inc ( CRUS )