Apple Inc (AAPL.O) is in advanced talks to buy chipmaker Intel Corp’s (INTC.O) smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter. Assuming talks...
Electronics
BoAt raises ₹20 crore in venture debt from Sachin Bansal’s BAC Acquisitions
Consumer electronics startup BoAt lifestyle on Wednesday said it has raised ₹20 crore in venture debt from Sachin Bansal-owned BAC Acquisitions Pvt Ltd. Boat is a lifestyle brand company that manufactures and sells...
Osram backs takeover offer from private equity firms
The managing and supervisory boards of Osram (OSRn.DE) are backing a 3.4 billion euro ($3.8 billion) takeover offer from private equity firms Bain and Carlyle (CG.O), the German lighting group announced on Thursday. The...
Osram to consider $3.8 billion takeover bid from Bain, Carlyle
German lighting group Osram (OSRn.DE) said on Wednesday that its supervisory board would meet soon to review a binding offer from private equity firms Bain and Carlyle (CG.O) to buy the company for 3.4 billion euros ($3...
Applied Materials to buy Kokusai Electric for $2.3 billion: Nikkei
Applied Materials Inc (AMAT.O), the world’s biggest supplier of chipmaking equipment, will buy Japanese semiconductor device maker Kokusai Electric for about 250 billion yen ($2.31 billion), the Nikkei reported on...
Tokyo’s Fuji Electric acquires UPS maker Consul Neowatt
Japanese electric & thermal energy major Fuji Electric Co. Ltd. has acquired Consul Neowatt Power Solutions, Chennai based leading power backup manufacturer for Rs.720 crore). This is the first ever acquisition of...
Japan Display, in need of funds, says Taiwan’s TPK decided not to invest
Japan Display Inc on Monday said it has received notice from TPK Holding Co Ltd that the Taiwanese screen maker has decided not to invest a proposed $230 million, muddying the outlook for the Apple Inc supplier. The...
Anchor by Panasonic plans 3 buyouts, unit in Andhra Pradesh
Flush with cash and a debt-free balance sheet, Anchor by PanasonicNSE 6.63 %, the electrical major, is looking at three acquisitions as well as building a new facility in Andhra Pradesh, and is targeting an annual...
Bank of Maharashtra to sell Videocon’s TN unit to recover Rs 154-cr debt
Bank of Maharashtra (Mahabank) will sell the consumer electronics manufacturing plant of Videocon Industries in Tamil Nadu in an auction to recover its outstanding debt worth Rs 153.77 crore. The bank has issued a...
Titan ties up with American watchmaker FTS
Titan Company NSE -0.43 % Tuesday said it has entered into an alliance with FTS USA LLC to assist in setting up an assembly unit of the American watchmaker. As part of the partnership, Titan will further extend its...
Nvidia outbids Intel to buy Israel’s Mellanox in data centre push
U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its data centre and artificial...
Nvidia nears deal to acquire Mellanox Technologies: source
Chipmaker Nvidia Corp is nearing a deal to acquire peer Mellanox Technologies Ltd for more than $7 billion in cash, a person familiar with the matter said on Sunday. The deal would be Nvidia’s biggest-ever acquisition...
