Aristocrat bolsters footprint in social gaming via Product Madness buy

Australian gaming services provider Aristocrat Leisure Limited (ASX:ALL) announced it has agreed to acquire US online social casino company Product Madness Inc for an undisclosed sum, expanding into the social gaming sector.

Through the deal, the buyer will be able to bolster its footprint in the online gaming sector, Aristocrat said, adding that it had also acquired the firm’s management and employees. As part of the agreement, Lior Shiff and Jose Brotons, co-founders of Product Madness, will continue to head the business.

Product Madness has a headcount of over 20 across offices in San Francisco and London. It has launched various Facebook games since its establishment in 2007.

Aristocrat’s managing director and chief executive officer Jamie Odell said that the deal, together with other recent investments, is in line with the company’s strategy for growth through online channels.

Symmetricom small form factor probe tests phase noise and allan deviation

Symmetricom, Inc. (NASDAQ: SYMM) said it has launched a new high-performance, low-cost measurement solution, the Symmetricom 3120A Phase Noise Test Probe.

Symmetricom, Inc. (NASDAQ: SYMM) said it has launched a new high-performance, low-cost measurement solution, the Symmetricom 3120A Phase Noise Test Probe.

The latest addition to Symmetricom’s state-of-the-art timing test set portfolio, the 3120A Test Probe comes in a convenient small form factor and measures Phase Noise and Allan Deviation as part of the base hardware kit. Additional software options are available to measure AM noise floor and signal statistics such as HDEV, TDEV, MDEV and jitter, and for use as a frequency counter and for mask testing.

Unlike traditional solutions that are desktop-bound due to size and weight, Symmetricom’s 3120A Test Probe is small enough to be carried around from location-to-location, and inexpensive enough to have at each bench. Whether used on a busy manufacturing floor, in a tight server closet or in R&D labs, the 3120A helps characterize reference clocks, used in high-performance applications, achieve the highest accuracy without requiring calibration.

Symmetricom, a world leader in precise time solutions, generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure and metrology industries. For more information, visit: http://www.symmetricom.com

Sarasota Bradenton International Airport using ITT Exelis for noise and flight tracking system

Sarasota Manatee Airport Authority has entered into an agreement with ITT Exelis (NYSE: XLS) to upgrade its noise and flight tracking systems at Sarasota Bradenton International Airport, Fla. The upgrade replaces the existing terminal radar data feed with NextGen data, allowing for higher accuracy flight tracking, more frequent updates, and greater reliability.

Sarasota Manatee Airport Authority has entered into an agreement with ITT Exelis (NYSE: XLS) to upgrade its noise and flight tracking systems at Sarasota Bradenton International Airport, Fla. The upgrade replaces the existing terminal radar data feed with NextGen data, allowing for higher accuracy flight tracking, more frequent updates, and greater reliability.

SRQ uses the Exelis noise and operations monitoring solution to validate, monitor and enhance aircraft departure and arrival procedures. The Exelis solution with the NextGen surveillance feed produces more accurate geo-referenced flight tracks with higher update rates than any single terminal radar. This solution allows the airport and the surrounding community to corroborate aircraft operations and flight tracks over the community, thereby simultaneously addressing community concerns about aircraft noise and fostering air commerce.

ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. The company’s website is at www.exelisinc.com