Hope it's a positive sign . . .
Reit Management & Research LLC, or RMR, provides business management and shared services to us pursuant to a business management and shared services agreement. RMR also provides management services to SNH. One of our Managing Directors, Mr. Barry Portnoy, is chairman, majority owner and an employee of RMR and a managing trustee of SNH. Mr. Barry Portnoy's son, Mr. Adam Portnoy, is an owner, president, chief executive officer and a director of RMR and also is a managing trustee of SNH. Our other Managing Director, Mr. Gerard Martin, is a director of RMR. Mr. Bruce Mackey, our President and Chief Executive Officer, and Mr. Paul Hoagland, our Treasurer and Chief Financial Officer, are each also an officer of RMR. SNH's executive officers are officers of RMR and SNH's president and chief operating officer is a director of RMR. Our Independent Directors serve as independent directors or independent trustees of other public companies to which RMR provides management services. Mr. Barry Portnoy serves as a managing director or managing trustee of those companies, including SNH, and Mr. Adam Portnoy serves as a managing trustee of a majority of those companies, including SNH. In addition, officers of RMR serve as officers of those companies.
Vicor Corporation Delivers First ChiP Power Modules
New 380 VDC Input ChiP Bus Converter Modules Enable High Voltage DC Distribution With 98% Efficient Conversion to 48 V at 1880 W/in3 Power Density
ANDOVER, MA--(Marketwired - Jan 15, 2014) - Vicor Corporation (NASDAQ: VICR) today unveiled the first module utilizing its Converter housed in Package (ChiP) power component platform. Vicor's new ChiP bus converter modules (BCM(R)) supply 1.2 kW at 48 V with 98% peak efficiency and 1880 W/in(3) power density. Breakthrough performance -- 4X the density of competing solutions -- enables efficient, high voltage DC distribution infrastructure in datacenter, telecom, and industrial applications.
Converter housed in Package (ChiP) Platform
Vicor's ChiP platform sets best-in-class standards for a new generation of scalable power modules. Leveraging advanced magnetic structures integrated within high density interconnect (HDI) substrates with power semiconductors and control ASICs, ChiPs provide superior thermal management supporting unprecedented power density. Thermally-adept ChiPs enable customers to achieve low cost power system solutions with previously unattainable system size, weight and efficiency attributes, quickly and predictably. The advent of ChiPs embodies a modular power system design methodology enabling designers to achieve high performance, cost-effective power systems from AC or DC sources to the Point of Load using proven building blocks.
"ChiPs will enable power system architects to overcome the power density constraints imposed by conventional power solutions," said Patrizio Vinciarelli, CEO, Vicor. "ChiPs maximize performance while minimizing development cost and time to market, yielding superior solutions with the flexibility and scalability of modular building blocks."
New VI Chip Bus Converter Modules
With a nominal input voltage of 380 V and a K-factor of 1/8, Vicor's new ChiP BCM fixed-ratio power converters supply an isolated 48 V distribution
"IBM pumps $1.2B into global cloud data centers: IBM will build 15 new data centers, giving the company a total of 40 around the globe for cloud services"
Dispelling any lingering doubt that IBM sees cloud computing as the way of the future, the company announced that it will invest $1.2 billion this year in expanding its global cloud infrastructure.
"Having lots of data centers in lots of different countries around the world will be important in the long term," said IBM SoftLayer CEO Lance Crosby. "We want the world to understand that cloud is transformational for IBM."
In certain cases, the presence of off balance sheet debt can significantly alter the investment outlook for a company. Five Star Quality Care had the highest ratio of off-balance sheet debt to total assets in 2012. FVE's $2.3 billion in lease obligations, equivalent to $1.2 billion in debt, were added back to invested capital. Without factoring in this off-balance sheet debt, FVE would have had a top-quintile return on invested capital (or ROIC) of 17%. By holding FVE accountable for this capital, however, we see that its true ROIC is a much lower 6%, less than its weighted average cost of capital (or WACC). Looking at just GAAP data, FVE appears to be a profitable company. Factoring in the true amount of capital invested in the company reveals that, on the contrary, it actually makes negative economic earnings.
Vicor Strengthens European Sales Strategy With Firefly Technology Partnership
Firefly Technology to Represent Vicor in the UK, Ireland, Denmark, Sweden, Finland and Norway, Complementing Vicor's Established European Distributor Network
January 29, 2014 8:00 AM
ANDOVER, MA--(Marketwired - Jan 29, 2014) - Vicor Corporation (NASDAQ: VICR) today announced the strategic expansion of its sales and support network in Northern Europe via a partnership with leading manufacturers' representative Firefly Technology. With this initiative Vicor is strengthening its investment and market reach in this high-value region, establishing and cultivating new customer relationships in close cooperation with its regional distributor.
Blackrock increases holdings to 6.6% or 1.8M shares ...
Does anyone know how many patents were issued to Vicor during each of the last 3 years? How many patents they currently hold?
I noticed the following for Power Integrations which I also follow:
Power Integrations received 23 U.S. patents and 18 non-U.S. patents during the quarter and had a total of 609 U.S. patents and 492 non-U.S. patents as of December 31, 2013.
In their server related business:
Intel (NASDAQ: INTC ) announced the long-overdue successor to its 2011 Westmere-EX, or Xeon E7, processor, codenamed Ivy Bridge-EX, and branded Xeon E7 v2. The product is an engineering marvel that offers twice the performance of its predecessor, on average, Intel says. More important, this product makes Intel even more competitive with traditional big-iron RISC players Oracle (NYSE: ORCL ) and IBM (NYSE: IBM ) on a basis combining performance per watt and price. Intel is likely to gain further share with these puppies.