Broadcom Ltd made a $121 billion “best and final offer” on Monday to acquire Qualcomm Inc, ratcheting up pressure on its U.S. semiconductor peer to engage in talks on what would be the biggest ever technology...
Broadcom to raise Qualcomm bid in push for talks, sources say
Broadcom Ltd plans to unveil a new approximately $120 billion offer for Qualcomm Inc on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter...
Motorola to buy Canadian security camera maker Avigilon for C$1.2 billion
Walkie-talkie maker Motorola Solutions Inc (MSI.N) said on Thursday it would buy Canadian security camera maker Avigilon Corp (AVO.TO) for C$1.2 billion ($978 million) cash. Motorola’s offer of C$27 per Avigilon share...
Videocon Industries moves Bombay HC against SBI, RBI; hearing today
Videocon Industries has moved the Bombay High Court against State Bank of India and the Reserve Bank of India and the Union government, appealing to the court to stay the lender’s move to send the company to...
Japan’s Renesas dismisses report on talks to buy Maxim
Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc. Earlier, CNBC reported that discussions were ongoing...
Dell considering acquisitions or possible IPO – sources
U.S. computer maker Dell Technologies Inc is exploring a range of options that could see the world’s largest privately held technology company grow further through acquisitions or go public, people familiar with the...
Toshiba considering IPO for memory chip unit: FT
Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale to a Bain Capital-led consortium fails to gain antitrust approval by the end of March, the Financial Times reported on...
FTC makes second request on Broadcom’s bid for Qualcomm
The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd’s $103 billion hostile bid for Qualcomm Inc, Broadcom said in a statement on Friday, a move that could indicate...
Apple invests $390 million in iPhone laser manufacturer Finisar
As part of its $1 billion Advanced Manufacturing Fund to support innovation and job creation by American manufacturers, Apple has invested $390 million in optical communication component manufacturer Finisar whose...
Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary
A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection...
Mirc Electronics to raise Rs 144 crore from marquee investors
Mirc Electronics LtdBSE 0.77 %, which owns the OnidaBSE 0.00 % brand, today said its board has approved raising of equity investment of Rs 144.12 crore from marquee investors to meet its long-term working capital and...
Nokia says not preparing offer for Juniper Networks
Finnish network equipment maker Nokia (NOKIA.HE) said on Wednesday that it was not in talks to buy U.S. network gear maker Juniper Networks Inc (JNPR.N) despite earlier reports to the contrary. “Nokia is not currently...
