LINK:
"OBRIGADO DEUS PELA VIDA,PELA MINHA FAMILIA,PELO TRABALHO,PELO PÃO DE CADA DIA,PROTEGENOS DO MAL"
“SE SEUS PROJETOS FOREM PARA UM ANO,SEMEIE O GRÂO.SE FOREM PARA DEZ ANOS,PLANTE UMA ÁRVORE.SE FOREM PARA CEM ANOS,EDUQUE O POVO.”
“Sixty years ago I knew everything; now I know nothing; education is a progressive discovery of our own ignorance. Will Durant”
sexta-feira, 23 de dezembro de 2011
Foundations of Analog and Digital Electronic Circuits Foundations of Analog and Digital Electronic Circuits
Foundations of Analog and Digital Electronic Circuits
Автор(ы): Agarwal
Язык: English
Год издания: 2005
Издатель: Elsevier
Страниц: 1009
Расширение: pdf
LINK:
quinta-feira, 22 de dezembro de 2011
terça-feira, 20 de dezembro de 2011
New results for QNM in Einstein theory of gravity (perturbations of the Schwarzschild and Kerr metric, or how to “see” the event horizon of black hole
New results for QNM in Einstein theory of gravity (perturbations of the Schwarzschild and Kerr metric, or how to “see” the event horizon of black holes)
Plamen Fiziev
LINK FULL VIDEO HERE:http://www.mathnet.ru/php/presentation.phtml?&presentid=4155&option_lang=eng
Plamen Fiziev
LINK FULL VIDEO HERE:http://www.mathnet.ru/php/presentation.phtml?&presentid=4155&option_lang=eng
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| 2,132.4 Mb | |
| Презентации:PRESENTATION | ||
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ABB to acquire Newave to broaden offering in uninterruptible power supply
ABB announces all-cash public tender offer of CHF 56 per Newave share, representing a total equity value of approximately CHF 170 million, to be unconditionally recommended by Newave’s Committee of independent members of the Board of Directors
Offer price represents a premium of 36.0% to the volume-weighted average share price of the last 60 trading days and a premium of 22.4% to the closing price on December 9, 2011
The three major shareholders of Newave, representing in total 45% of the voting rights and share capital, have signed separate agreements to sell their shares under the same financial conditions as offered in the public tender offer
ABB plans to develop Newave to become a center of excellence for UPS systems
Zurich and Quartino, Dec. 12, 2011 – ABB (ABBN.VX), the leading power and automation technology group, and Newave Energy Holding SA (NWEN.S), a Switzerland based leader in uninterruptible power supply (UPS), have agreed that ABB will acquire Newave in an all-cash transaction valued at approximately CHF 170 million1. The deal will strengthen ABB’s position in the power control and quality market and provide Newave with significant growth opportunities outside its traditional markets in Europe.
1 Fully diluted equity value
Under the terms of the transaction agreement, ABB today announced a voluntary all-cash public tender offer of CHF 56 per Newave share to purchase all of Newave’s publicly held shares. The offer prospectus will be published on or around Dec. 15. The offer represents a premium of 36.0 percent to the volume-weighted average share price of the last 60 trading days and a 22.4 percent premium to Newave’s closing stock price on Dec. 9. The Committee of independent members of the Board of Directors of Newave will unconditionally recommend that Newave shareholders tender their shares in the offer.
Under separate share purchase agreements, ABB acquires not conditional upon the public tender offer being successful a 45 percent stake in Newave held by the three major shareholders – being the two founders Vllaznim Xhiha, current Chairman of the Board of Directors, and Filippo Marbach, current Member of the Board of Directors and Chief Operating Officer, as well as Rittal International Stiftung & Co. KG. The major shareholders will receive the same consideration per Newave share as offered by ABB to public shareholders in the public tender offer.
Newave, headquartered in Quartino, Switzerland, generated a net income of CHF 8.1 Million on sales of CHF 80.6 Million in 2010. The company was founded in 1993 and went public in 2007. Newave has established a strong market position in Europe as an innovative and successful manufacturer of UPS systems with a focus on the development and production of power protection technology, as well as on technical consultancy, maintenance and service packages. ABB plans to integrate Newave in its Discrete Automation and Motion division and develop Quartino to become a main location for ABB’s UPS systems. ABB will provide a fast, global exposure for Newave’s UPS systems and will ensure that Newave can increase the high innovation rate of its current product range.
“The combination of two strong, complementary companies will create significant value-driven growth based on innovation, high quality and technology leadership,’’ said Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion division. “The acquisition is fully in line with ABB’s strategy for power control and quality and with the goal of the division to build on its existing strength in power electronics. Newave provides us a best-in-class player in the fast-growing UPS market, while our global sales channels will significantly expand Newave’s geographic reach.”
“Combining our business with ABB will give Newave important strategic and operational advantages. As Chairman of the Board of Directors of Newave, I am convinced that ABB is the ideal partner for the continuous successful development of our company,” said Newave’s Vllaznim Xhiha. “Besides the immediate financial added value of the offer for the shareholders, we also expect considerable additional development potential for Newave’s business partners and its employees.”
The global UPS market offers interesting growth opportunities, mainly in the areas of datacenters, industry and infrastructure. ABB will expand into a $6 billion to $7 billion market and close a white spot in core datacenter electrification and industrial power quality. Newave is active in the medium- and high-power UPS range, which is the most attractive segment since it represents 50 percent of the overall UPS market with a yearly growth rate of 6 to 10 percent. ABB has a strong presence in industrial markets and already offers industrial UPS products. It recently acquired a majority share in the DC datacenter solution provider Validus. Combining ABB’s and Newave’s market presence and technological expertise will allow ABB to offer a complete range of UPS solutions to industrial, commercial and datacenter clients with a comprehensive alternating current (AC) and direct current (DC) solutions portfolio, reinforcing its strategic differentiation.
Taking into consideration a fairness opinion by Bank Sarasin & Cie AG, the Committee of independent members of the Board of Directors of Newave – consisting of Rudolf Kägi and Mauro Saladini – regards the offer by ABB as fair and appropriate. The Committee will recommend to the shareholders of Newave to accept the offer in its report to be issued in ABB’s offer prospectus.
The public tender offer and the closing of the share purchase agreements are subject to regulatory approvals and other customary conditions. The offer period is expected to start in early January 2012 and the transaction to close in the first half of 2012.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130.000 people.
Newave (www.newaveenergy.com) develops, manufactures, and markets technologically advanced UPS systems for critical electronic devices and systems. The company is a leading European integrated solutions provider for UPS systems covering the full range of development, manufacturing, distribution and after sales services. Newave was established in 1993. Its main operations are based in Quartino in the canton of Ticino (Switzerland). The company has wholly-owned subsidiaries and holds participations in companies dedicated to sales and services of Newave’s UPS systems in Switzerland and nine other countries (DE, AT, FI, NL, ES, IT, BR, CN and IN). It also cooperates with over 50 third party distributors and service providers. At the end of June 2011, Newave had 209 employees.
Offer price represents a premium of 36.0% to the volume-weighted average share price of the last 60 trading days and a premium of 22.4% to the closing price on December 9, 2011
The three major shareholders of Newave, representing in total 45% of the voting rights and share capital, have signed separate agreements to sell their shares under the same financial conditions as offered in the public tender offer
ABB plans to develop Newave to become a center of excellence for UPS systems
Zurich and Quartino, Dec. 12, 2011 – ABB (ABBN.VX), the leading power and automation technology group, and Newave Energy Holding SA (NWEN.S), a Switzerland based leader in uninterruptible power supply (UPS), have agreed that ABB will acquire Newave in an all-cash transaction valued at approximately CHF 170 million1. The deal will strengthen ABB’s position in the power control and quality market and provide Newave with significant growth opportunities outside its traditional markets in Europe.
1 Fully diluted equity value
Under the terms of the transaction agreement, ABB today announced a voluntary all-cash public tender offer of CHF 56 per Newave share to purchase all of Newave’s publicly held shares. The offer prospectus will be published on or around Dec. 15. The offer represents a premium of 36.0 percent to the volume-weighted average share price of the last 60 trading days and a 22.4 percent premium to Newave’s closing stock price on Dec. 9. The Committee of independent members of the Board of Directors of Newave will unconditionally recommend that Newave shareholders tender their shares in the offer.
Under separate share purchase agreements, ABB acquires not conditional upon the public tender offer being successful a 45 percent stake in Newave held by the three major shareholders – being the two founders Vllaznim Xhiha, current Chairman of the Board of Directors, and Filippo Marbach, current Member of the Board of Directors and Chief Operating Officer, as well as Rittal International Stiftung & Co. KG. The major shareholders will receive the same consideration per Newave share as offered by ABB to public shareholders in the public tender offer.
Newave, headquartered in Quartino, Switzerland, generated a net income of CHF 8.1 Million on sales of CHF 80.6 Million in 2010. The company was founded in 1993 and went public in 2007. Newave has established a strong market position in Europe as an innovative and successful manufacturer of UPS systems with a focus on the development and production of power protection technology, as well as on technical consultancy, maintenance and service packages. ABB plans to integrate Newave in its Discrete Automation and Motion division and develop Quartino to become a main location for ABB’s UPS systems. ABB will provide a fast, global exposure for Newave’s UPS systems and will ensure that Newave can increase the high innovation rate of its current product range.
“The combination of two strong, complementary companies will create significant value-driven growth based on innovation, high quality and technology leadership,’’ said Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion division. “The acquisition is fully in line with ABB’s strategy for power control and quality and with the goal of the division to build on its existing strength in power electronics. Newave provides us a best-in-class player in the fast-growing UPS market, while our global sales channels will significantly expand Newave’s geographic reach.”
“Combining our business with ABB will give Newave important strategic and operational advantages. As Chairman of the Board of Directors of Newave, I am convinced that ABB is the ideal partner for the continuous successful development of our company,” said Newave’s Vllaznim Xhiha. “Besides the immediate financial added value of the offer for the shareholders, we also expect considerable additional development potential for Newave’s business partners and its employees.”
The global UPS market offers interesting growth opportunities, mainly in the areas of datacenters, industry and infrastructure. ABB will expand into a $6 billion to $7 billion market and close a white spot in core datacenter electrification and industrial power quality. Newave is active in the medium- and high-power UPS range, which is the most attractive segment since it represents 50 percent of the overall UPS market with a yearly growth rate of 6 to 10 percent. ABB has a strong presence in industrial markets and already offers industrial UPS products. It recently acquired a majority share in the DC datacenter solution provider Validus. Combining ABB’s and Newave’s market presence and technological expertise will allow ABB to offer a complete range of UPS solutions to industrial, commercial and datacenter clients with a comprehensive alternating current (AC) and direct current (DC) solutions portfolio, reinforcing its strategic differentiation.
Taking into consideration a fairness opinion by Bank Sarasin & Cie AG, the Committee of independent members of the Board of Directors of Newave – consisting of Rudolf Kägi and Mauro Saladini – regards the offer by ABB as fair and appropriate. The Committee will recommend to the shareholders of Newave to accept the offer in its report to be issued in ABB’s offer prospectus.
The public tender offer and the closing of the share purchase agreements are subject to regulatory approvals and other customary conditions. The offer period is expected to start in early January 2012 and the transaction to close in the first half of 2012.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130.000 people.
Newave (www.newaveenergy.com) develops, manufactures, and markets technologically advanced UPS systems for critical electronic devices and systems. The company is a leading European integrated solutions provider for UPS systems covering the full range of development, manufacturing, distribution and after sales services. Newave was established in 1993. Its main operations are based in Quartino in the canton of Ticino (Switzerland). The company has wholly-owned subsidiaries and holds participations in companies dedicated to sales and services of Newave’s UPS systems in Switzerland and nine other countries (DE, AT, FI, NL, ES, IT, BR, CN and IN). It also cooperates with over 50 third party distributors and service providers. At the end of June 2011, Newave had 209 employees.
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