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...
Electronics
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...
Broadcom considering sweetened Qualcomm bid: sources
Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm’s top shareholders, according to people familiar with...
Marvell Technology to buy rival chipmaker Cavium for $6 billion
Chipmaker Marvell Technology Group Ltd (MRVL.O) said on Monday it would buy smaller rival Cavium Inc (CAVM.O) for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating...
Qualcomm set to win conditional Japanese antitrust nod for NXP deal: Source
US smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38 billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight...
Toshiba seeks $5.4 billion cash injection to avoid delisting
Toshiba Corp. plans to sell shares to raise 600 billion yen ($5.4 billion) and will explore a divestment of its Westinghouse-related assets in a bid to avoid being removed from the Tokyo Stock Exchange. Selling its...
Toshiba in talks to sell PC operations to Asus: Nikkei
Japanese conglomerate Toshiba Corp has entered into negotiations to sell its personal computer operations to Taiwan’s Asustek Computer Inc, the Nikkei reported on Friday. China’s Lenovo Group Ltd has also...
Hero Electronix acquires analog design business of AnalogSemi
Hero Electronix, the electronics and technology venture of the Hero group, today announced acquisition of analog design business of Bengaluru-based Analog Semiconductors. The acquisition – whose financial details...
Crompton Greaves out of Kenstar race
Homegrown private equity group Everstone will enter in exclusive talks with the promoters of home appliances brand Kenstar to acquire it after Advent International and Temasek-backed Crompton GreavesBSE 1.88 % pulled...
