Handset manufacturer Lava Mobiles is looking to raise $100 million from strategic partners to fund its expansion in the country. “We are looking to dilute our equity to strategic partners…we are looking to raise...
Panasonic to Speed Up Pace of Acquisitions to Meet Sales Target
Panasonic Corp. plans to accelerate the pace of acquisitions to meet its target of generating 10 trillion yen ($87 billion) of annual revenue by fiscal 2018. Purchases will be balanced with divestitures as the company...
Cisco to pay $1.4 billion for Internet of Things firm Jasper
Cisco Systems Inc said on Wednesday it was buying Jasper Technologies Inc, a startup that connects devices like cars and medical devices to the Internet, for $1.4 billion in cash and equity awards, its largest...
Haier’s GE unit buy highlights growing China M&A maturity
In the lead up to General Electric Co’s appliance unit auction, Haier Group did something Chinese bidders have rarely dared to do in a competitive global M&A deal. While informal discussions centered around a...
Samsung Elec says open to M&A for home appliances business
Tech giant Samsung Electronics Co Ltd will consider all possible options to grow its home appliances business including mergers or acquisitions, a senior company executive said on Monday. Suh Byung-sam, head of...
Johnson Controls in advanced talks to acquire Tyco
Johnson Controls Inc (JCI.N), a U.S. manufacturer of car batteries and heating and ventilation equipment, is in advanced talks to buy fire protection and security company Tyco International Plc (TYC.N), people familiar...
Mellanox CEO to see immediate profit boost from EZchip deal
Its $811 million acquisition of EZchip Semiconductor (EZCH.TA) will add to Mellanox Technologies’ (MLNX.O) revenue and net profit immediately, Mellanox’s chief executive said on Wednesday. A majority of...
Microchip Technology Acquires Atmel for $3.6 Billion
Microchip Technology Inc. said it agreed to buy Atmel Corp. in a transaction valued at $3.56 billion, ending a bidding war amid record semiconductor industry consolidation. Microchip is paying $8.15 a share, with $7 in...
ON Semiconductor to Buy Fairchild for $2.4 Billion in Cash
ON Semiconductor Corp. agreed to buy Fairchild Semiconductor International Inc. for $2.4 billion, the latest in a spate of more than $90 billion of deals in the global chip industry in the past year as companies combine...
