Bain Capital and Carlyle Group are considering a joint offer for Osram, the German lighting group which has been the subject of bid speculation said on Wednesday. Osram, whose stock closed up 14.46 percent to reach its...
Electronics
Sony stock perks up after first-ever share buyback announcement
Sony Corp announced its first-ever share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover somewhat from the hammering it received earlier in the week when the technology firm reported...
Intel offered up to $6 billion for Israel’s Mellanox: reports
U.S. chipmaker Intel Corp has bid $5.5-$6 billion in cash and stock to buy Israel’s Mellanox Technologies, Israeli media reported on Wednesday. A $6 billion offer would represent a 35 percent premium to the last closing...
iPhone assembler Hon Hai invests $213.5 million in Indian unit
Key iPhone assembler Hon Hai Precision Industry Co., also known as Foxconn Technology Group, is increasing its presence in Vietnam and India amid the growing trade spat between the US and China. In a series of filings...
Toyota, Panasonic announce battery venture to expand EV push
Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world’s largest automakers and battery makers to expand their EV...
Apple inks deal with Samsung to distribute iTunes shows on TVs
Samsung Electronics Co Ltd said Sunday that it will add an app to its smart televisions in the coming months to let owners watch content bought on Apple Inc’s iTunes service, a possible first sign Apple is looking to...
Germany’s Via Optronics preps U.S. IPO: sources
German mobile phone parts maker Via Optronics is preparing a U.S. stock market flotation as its Philippine owner Integrated Micro-Electronics (IMI) (IMI.PS) seeks to put the firm on its own financial footing, people...
Logitech ends negotiations to acquire Plantronics
Logitech International SA, a Swiss manufacturer of keyboards and webcams, has ended discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets, the companies said on Sunday. The...
Apple acquires Silk Labs, AI startup, to bolster HomePod development
Apple has acquired a Startup called Silk Labs that works on Artificial Intelligence (AI)-based personal assistant technology for smartphones and smart home devices. According to a report in The Registrar, the quietly...
Mellanox working with adviser on potential sale – CNBC
Chipmaker Mellanox Technologies Ltd has hired a financial adviser to explore a sale after receiving takeover interest from at least two companies, CNBC reported citing people familiar with the matter. The deal is not...
Samsung Electronics buys network analysis firm Zhilabs in 5G push
Samsung Electronics Co Ltd said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile services that...
Legrand upbeat on India, open to more acquisitions: CEO, Benoit Coquart
French electrical equipment maker Legrand is open to further acquisitions in India and is targeting the local market to make it the company’s third largest globally, encouraged by an increasing appetite for technology...
