Ubisoft is giving the franchise a year off to "give the brand a new dimension"; Assassin's Creed Syndicate sales worse than expected.
Total sales in September soar to $1.36 billion, up from $779 million a year earlier, according to market research.
Utilities Updates: BatChmod 1.36; Mac Pilot 2.0.3; File Buddy 8.1.11; SlingShot 1.05; more
Agere Systems will license intellectual property from Path 1 Network Technologies, the companies announced Thursday. Path 1 will furnish chip designs for Agere's networking chips, provide engineering services, and use Path 1 designs for media access control cores, the part of a chip that helps manage Ethernet traffic. Chipmakers often use outside technology in their products to cut costs and shave off time to market. Agere, a former subsidiary of Lucent Technologies, makes chips and components for telecommunications gear, an industry that has taken a beating over the past year. The Allentown, Pa.-based company reported Wednesday a first-quarter pro forma net loss of $282 million, or 17 cents a share, on revenue of $537 million. That compares with an income of $102 million, or 6 cents a share, on revenue of $1.36 billion for the year-ago quarter.
Internet consultancy Proxicom reported third-quarter earnings above Street estimates. For the quarter, Reston, Virginia-based Proxicom posted net income $1.5 million, or 5 cents per share, compared to a net loss of $20.9 million, or $1.36 a share in the same period a year earlier. First Call projected the company to earn 3 cents a share. Revenues for the quarter totaled $23.6 million, an 87 percent increase from $12.6 million in its year-ago period.