Medical equipment company Medtronic Plc (MDT.N) will acquire Israel-based Mazor Robotics (MZOR.TA) for about $1.64 billion in an all-cash deal, or $1.34 billion net of Medtronic’s existing stake in Mazor, the companies...
Microchip to buy Microsemi for about $8.35 billion
Microchip Technology Inc said on Thursday it would buy Microsemi Corp, the largest U.S. commercial supplier of military and aerospace semiconductor equipment, for about $8.35 billion. The deal comes amid a new wave of...
U.S. blocks chip equipment maker Xcerra’s sale to Chinese state fund
U.S. semiconductor testing company Xcerra Corp said on Thursday a U.S. national security panel had blocked its $580-million sale to a Chinese state-backed semiconductor investment fund, the latest such deal to be...
U.S. clears Chinese acquisition in rare move
Beijing-based Naura Microelectronics Equipment Co Ltd has completed a deal to buy U.S. semiconductor manufacturing equipment company Akrion Systems LLC, in a rare instance of the U.S. government approving such an...
TTM Technologies to buy Anaren for $775 million
TTM Technologies Inc (TTMI.O) will buy radar components maker Anaren Inc for about $775 million in cash from private equity firm Veritas Capital, the company said on Sunday, as it seeks to strengthen in aerospace...
Karnataka CM Siddaramaiah writes to Narendra Modi to review BEML disinvestment
Karnataka chief minister Siddaramaiah on Thursday wrote to Prime Minister Narendra Modi seeking a review of the central government’s decision to sell public sector rail coach and construction equipment maker BEML Ltd...
United Rentals to buy equipment rental chain Neff for about $1.3 billion
United Rentals Inc, the world’s largest construction equipment rental company, will buy Neff Corp for about $1.3 billion, the companies said, topping H&E Equipment Services Inc’s about $1.2 billion offer...
Panasonic decides against taking over Slovenia’s Gorenje
Household appliances maker Gorenje (GORE.LJ) said on Thursday that Panasonic (6752.T), which looked at making a bid for the Slovenian company earlier this year, had decided against a takeover deal. “After...
Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion
Chipmaker Broadcom Ltd (AVGO.O) said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the...
Qualcomm to buy NXP Semiconductors in $47 billion deal
San Francisco: Qualcomm Inc., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV in a transaction valued at $47 billion, aiming to speed an expansion into new industries and reduce its...
Stanley Black & Decker to Buy Newell Tools for $1.95 Billion
Stanley Black & Decker Inc agreed to buy Newell Brands Inc.’s tools business for $1.95 billion in cash, helping the workshop giant push deeper into consumer and industrial equipment. Stanley will gain the Irwin...
Qualcomm and NXP Should Meet in the Middle on Merger Price
Qualcomm and NXP Semiconductors are reportedly just $10 a share apart in price negotiations over their potential merger. What would a deal look like if they just met in the middle? Talks between the two companies are...