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Creativity Motivation – What is motivation – Corey K Katir
Advertising From http://www.creativitymotivation.com Describes motivation process for creativity with emphasis on intrinsic motivation by Corey K Katir February Retail Sales Were Good as Long as You Ign
From etfguide.com Retail Sales were up 1.1% in February, but that wasn’t adjusted for inflation. When rising prices are taken into account, retail sales may not have been up at all.
Retail sales slow, raising worries about economy
From pheedo.msnbc.msn
April retail sales worst in three years
From pheedo.msnbc.msn A cooler April helped to contribute to poor sales results from a handful of high-level retailers Thursday, as the nationas spending habits mirrored the stuttering economic recovery.
US consumers hold back, even as gas prices fall
From news.yahoo
Retail sales slow, raising worries about economy
From pheedo.msnbc.msn
Micron Technology to acquire Lexar Media
From dpreview.com
Press Release: BOISE, Idaho, and FREMONT, Calif., March 8, 2006 – Micron Technology, Inc., (NYSE: MU) and Lexar Media, Inc., (Nasdaq: LEXR) today announced that they have entered into a definitive agreement for Micron to acquire Lexar in a stock-for-stock merger. Under terms of the agreement, each outstanding common share of Lexar will receive 0.5625 shares of Micron stock. Micron anticipates issuing shares in exchange for 81.6 million Lexar shares outstanding. Additional Micron shares will be issued upon the exercise of assumed stock options.
The acquisition will strengthen Micron’s position in the NAND flash business and enable the company to deliver innovative NAND flash solutions from design, development and manufacturing to marketing and sales of products to worldwide consumers and device manufacturers. The merger is designed to combine Micron’s technology and manufacturing leadership in NAND flash memory with Lexar’s leadership in NAND controller and system design technology, brand recognition and retail channel strength to create a vertically integrated entity fully focused on the NAND business.
“With this acquisition, Micron will have a complete package of NAND memory solutions for our customers,” said Steve Appleton, Micron chairman, CEO and president. “Together with our NAND designs, technology, manufacturing capability and distribution channels, Micron is in a strong position to serve the flash storage requirements of consumer electronics and enterprise customers.”
“Through this acquisition, we expect to better align Lexar’s cost structure with business conditions and increase our development and go-to-market scale in order to compete more effectively,” said Eric Stang, Lexar chairman, CEO and president. “By merging with Micron, Lexar can achieve significant cost synergies and become better positioned to satisfy customer needs and establish faster growth, especially in new emerging mobile handset and solid- state computing businesses. We view this as an exciting opportunity for our company and its shareholders.”
The transaction is subject to regulatory review, Lexar stockholder approval and other customary closing conditions. Completion of the merger is expected by the end of the third calendar quarter. Upon closing, Lexar, as a continuing entity, will become a wholly-owned subsidiary of Micron, and Lexar’s stock will cease trading on the NASDAQ stock market.
Lexar is a leading marketer and manufacturer of NAND flash memory products including memory cards, USB flash drives, card readers and ATA controller technology for the digital photography, consumer electronics, industrial and communications markets. The company holds over 94 issued or allowed controller and system patents, and licenses its technology to companies including Olympus Corporation, Samsung Electronics Co., Ltd., SanDisk Corporation and Sony Corporation. Lexar sells its memory cards worldwide and through an exclusive agreement, also sells memory cards under the Kodak brand. Headquartered in Fremont, Calif., Lexar has operations in countries around the world. More information is available at www.lexar.com.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron’s common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com
Lexar Platinum Series new speed rating
From dpreview.com
PMA 2005: Lexar has expanded its Platinum Series cards to include Memory Stick Pro and Secure Digital flash media. The full range of cards, which Lexar says is ideal for digital cameras that capture video and stills, are also now speed rated at 40X, equivalent to a sustained read/write speed of 6MB per second. Lexar Platinum cards are available in capacities of 256 MB, 512MB and 1GB.
Press Release: ORLANDO, FL, February 20, 2005 (PMA booth #4132) – Lexar Media, Inc. (Nasdaq: LEXR), a world leader in advanced digital media technologies, today announced that the company’s full line of Platinum Series flash memory cards are speed-rated at 40X, equivalent to a minimum sustained data read and write speed capability of 6MB per second, and provide consumers with superior performance. Available in recently updated, contemporary packaging designed to drive consumer interest at retail sales locations worldwide, Lexar’s Platinum Series now includes Memory Stick PRO™ and Secure Digital™ (SD) flash media formats as well as CompactFlash®.
“Our Platinum Series is perfect for many new digital cameras that capture video in addition to traditional still images,” said Dave Klenske, director of product marketing, Lexar. “The Lexar Platinum cards can keep up with a camera’s video record mode and the benefit to the consumer is that he or she can keep capturing content. We’re in lock-step with the consumer market by widening the family to include speed-rated Memory Stick PRO and SD, and both popular formats nicely complement our existing CompactFlash cards.”
Lexar’s Platinum Series products are now available in redesigned product packaging, including new flash memory card boxes and card labels. The new packaging has an appealing, highly visual look and feel that is consistent with Lexar’s new corporate identity, and will stand out in retail environments. In addition to clearly communicating the media card format, the new packaging offers a highly visible solution for identifying varying memory card capacities.
Lexar’s Platinum Series includes a wide variety of flash memory card formats, including CompactFlash, Secure Digital (SD) and Memory Stick. All flash memory cards are available in capacities of 256 MB, 512MB and 1GB.
Lexar’s Platinum Series products include a limited lifetime warranty.
Lexar defines “X” within its speed-rating system as equivalent to a minimum write speed capability of 150 kilobytes per second.
Lexar announces Professional Memory Stick PRO and SD card
From dpreview.com
PMA 2005: Lexar Media has today announced that it is expanding its line up of Professional cards to include Memory Stick PRO, speed rated at 80X and and SD, speed rated at 60X. The speed of the Professional Memory Stick PRO is the equivalents to a minimum sustained read and write speeds of 12MB per second. It will ship later this month in capacities of 512MB and 1GB.
Press Release: ORLANDO, FL, February 20, 2005 (PMA booth #4132) – Lexar Media, Inc. (Nasdaq: LEXR), a world leader in advanced digital media technologies, today announced the expansion of the company’s Professional Series of flash memory cards and accessories by adding Professional Memory Stick PRO™, speed rated at 80X, and Professional Secure Digital™ (SD), speed rated at 60X, to its award-winning professional line of products. In addition, the company also announced that the complete line of Professional Series flash memory cards and accessories is now available in newly designed, eye-catching packaging designed to drive customer attention at retail sales locations.
“We’re expanding our Professional Series of products and improving the product packaging to Lexar’s Professional Series products will be available in redesigned product packaging, “We’ve seen a slight shift in the buying habits of high-end digital imaging customers,” said Chris Lexar’s Professional Series of products include a wide variety of flash memory cards and Image Rescue™ software from Lexar and a trial version of Photo Mechanic™ from Camera Professional Memory Stick PRO is the most recent addition to Lexar’s professional line-up.
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Sales at U.S. retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter.
Lower gas prices in April weren’t enough to embolden U.S. consumers to spend much more elsewhere.
It’s been announced today that Micron Technology Inc. are to acquire Lexar Media Inc. in a stock-for-stock merger. The acquisition will combine Micron’s Technology and manufacturing leadership in NAND flash memory with Lexar’s leadership in NAND controller and system design technology, brand recognition and retail strength.
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