Panasonic is in talks to buy a controlling stake in business-to-business (B2B) light fittings maker Focus Lighting and Fixtures, in what would be its second acquisition in the electricals segment in India after nearly...
Dixon Technologies receives govt approval for JV with Chinese firm Longcheer
Dixon Technologies has received approval from the Indian government to form a joint venture (JV) with Chinese peer Longcheer, according to a regulatory filing. The JV will be formed between Dixon and Longcheer’s...
Sony explores sale of cellular chipsets business, sources say
Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people familiar with the matter. The...
Advent, TPG, Kedaara among others in race to buy into Hero Group’s Semiconductor arm Tessolve
A clutch of prominent private equity (PE) players, including Advent International, TPG Growth, Kedaara Capital, Goldman Sachs, and ChrysCapital, are in discussions to acquire a significant minority stake in Tessolve...
Dixon Technologies to pick 51 pc stake in Q Tech India
Electronics manufacturing services firm Dixon Technologies (India) Ltd on Tuesday said it has signed a binding term sheet to acquire a 51 per cent stake in Kunshan Q Tech Microelectronics (India). The proposed...
IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research
IonQ will acquire its British peer Oxford Ionics for $1.08 billion, the companies said on Monday, helping the U.S.-based quantum computing firm deepen its research expertise in the complex technology that is seeing...
Qualcomm bypasses logic gate with $2 bln UK deal
Artificial intelligence is so fast-moving and potentially all-encompassing that it makes sense for technology giants to pay up just to stay relevant. Look at all the money Microsoft and Amazon.com have poured into large...
Spectris open to $5 billion takeover bid from Advent, shares soar
British scientific instruments maker Spectris (SXS.L) said it would accept a 3.73 billion pound ($5.06 billion) bid from Advent if the U.S. private equity firm proceeds with a formal offer, sending its shares surging by...
NETGEAR to acquire cybersecurity firm Exium for SASE integration
NETGEAR Inc. (NASDAQ:NTGR), known for its networking solutions and currently valued at $871 million, has entered into an agreement to acquire Exium, a cybersecurity company. This move is aimed at enhancing NETGEAR’s...
Samsung to buy German cooling system maker FlaktGroup for $1.7 billion
Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centres used for artificial intelligence...
JBL maker Harman to sell controlling stake in India unit
Harman US, the maker of JBL, Harman Kardon and Infinity audio products, is in talks to sell a controlling stake in its Indian unit, three people aware of the matter said. The US company has approached global private...
Samsung Electronics says unit Harman acquires Masimo’s audio business for $350 mln
Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo’s audio business for $350 million. It plans to combine Masimo’s audio business with Harman to...
