China’s top state chip manufacturer Tsinghua Unigroup Ltd has signed a deal to acquire French smart chip components maker Linxens for about 2.2 billion euros ($2.6 billion), five people with direct knowledge of the...
Intel acquires small chipmaker to bolster efforts beyond CPUs
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based...
Chipmaker Broadcom inks $19 billion deal to buy software company CA
Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors’ confidence in its Chief Executive Hock Tan’s...
Plantronics completes $2 billion acquisition of Polycom
Global electronics company Plantronics on Tuesday announced it has completed the $2 billion acquisition of Polycom, a leader in the video, voice and content solutions. The Polycom’s acquisition will accelerate and...
Everstone’s plan to acquire Kenstar hits IBC roadblock
Private equity (PE) firm Everstone Capital has put its plan to acquire Videocon Group-owned home appliances brand Kenstar on the backburner, two people close to the development said. The people cited above said the...
Karbonn promoter, minority shareholder Vohra join hands to buy Gionee India
Chinese smartphone brand Gionee is changing hands in India with promoters of handset maker Karbonn Mobile and Gionee India’s minority shareholder Arvind R Vohra buying out the Indian arm and entering into a long-term...
Japan’s Sharp says to buy Toshiba’s PC business
Japan’s Sharp Corp said it will acquire Toshiba Corp’s personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago. It...
Xiaomi, bound for IPO, woos fans (and investors) at glitzy launch
Chinese smartphone maker Xiaomi, lining up for a $10 billion IPO, held a rock concert-style launch on Thursday to unveil its latest flagship smartphone and a virtual reality headset developed with Facebook Inc’s Oculus...
Headphone maker Monster to raise up to $300 million in coin offering
Headphone maker Monster Products Inc said it is planning to raise up to $300 million in an initial coin offering, a fund-raising strategy in which a company creates a token, or digital currency, and sells it to the...
Samsung firms sell $1.3 billion Samsung Electronics stock to maintain compliance
Samsung Group’s two insurance firms said on Wednesday they will sell $1.3 billion worth of stock in the conglomerate’s biggest earner, Samsung Electronics Co Ltd, to maintain regulatory compliance. Samsung Life...
Brazilian electronics company Multilaser files for IPO
Brazilian electronics company Multilaser Industrial SA on Thursday filed for regulatory clearance to launch an initial public offering, according to a securities filing. The company and its owners will sell an...
Nokia phone-maker HMD Global raises $100 million to grow biz
HMD Global, which designs and sells Nokia brand of phones, on Monday said it has raised $100 million from Geneva-based Ginko Ventures and other investors to scale its business operations. “This round of investment has...
