Interphase (NASDAQ:INPH) provides communications networking products as well as electronic engineering design services (NASDAQ:EDS) and electronics manufacturing services (NYSE:EMS). In May 2014, INPH began shipping its newest product Penveu, a handheld device that adds interactivity to projectors and large screen displays for use in the education and enterprise markets.
EMS (and EDS) to the rescue
Communications networking is considered a legacy business at this point due to lower spending by its telecom customers who are suffering as a result of the shift from a circuit-switch network architecture to an IP network and relatively low market penetration in faster growing emerging markets. However, management saw the "writing on the wall" and used its...