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...
Amtek looking to sell non-core biz, stake in overseas companies
NEW DELHI: Troubled auto component maker Amtek AutoBSE 1.09 % today said it is considering selling a non-core business and minority stake in its overseas companies in order to deleverage its balance sheet. “The...
German forklift truck firm Jungheinrich rules out acquisitions
German forklift truck maker Jungheinrich (JUNG_p.DE) will grow from its existing business rather than trying to copy rival Kion’s recent $3.25 billion purchase of U.S. logistics technology firm Dematic, its...
Siris Capital to buy Polycom, thwarting Elliott’s Mitel merger
Video conferencing equipment maker Polycom Inc said it agreed to be bought by a private equity firm for about $1.7 billion, scrapping a three-month-old deal with Canada’s Mitel Networks Corp. The private equity...
Recent Acquisitions By Applied Materials And Lam Research Are Showing Long Lasting Affects
Summary The $4.9 billion acquisition of Varian Semiconductor by Applied Materials is proving to be a disaster. Lam Research’s acquisition of Novellus is enabling the company to enter new and rising markets. Lam...
