- Business-News 2019:
April 30th, 2019
- On April 24th, 2019, Xilinx, Inc. announced that it has entered into a definitive agreement to acquire Solarflare Communications, Inc., an Irvine, Calif.-based privately-held company. Solarflare is a provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. The acquisition will enable Xilinx to combine its industry-leading FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency network interface card (NIC) technology and Onload application acceleration software, to enable new converged SmartNIC solutions, accelerating Xilinx's "data center first" strategy and transition to a platform company.
The acquisition is expected to close in Xilinx's second quarter of fiscal year 2020, following regulatory review and other customary closing conditions.
Terms of the deal were not disclosed.
April 16th, 2019
- Intel Corporation today announced the acquisition of Omnitek, a leading provider of optimized video and vision FPGA IP solutions. Omnitek's technology enables customized, high-performance vision and artificial intelligence inferencing capabilities on FPGAs for customers across a range of end markets. Omnitek's IP addresses demanding application requirements in areas such as: video conferencing, projection and display, medical vision systems and more.
The employees and rest of the Omnitek business will become a part of Intelís FPGA business.
Terms of the deal were not disclosed.
April 15th, 2019
- Qorvo®, Inc., a provider of RF solutions, announced on April 10th that it has entered into a definitive agreement to acquire Active-Semi International, Inc., a private fabless supplier of programmable analog power solutions.
Active-Semi will become part of Qorvo's Infrastructure and Defense Products (IDP) group. Active-Semi's technologies are positioned to intersect multiple long-term secular trends in 5G, industrial, data center, automotive and smart home by addressing the increased demand for efficient power solutions.
Qorvo expects the acquisition to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in Qorvo's first fiscal quarter, ending June 29, 2019. Qorvo will provide additional details about the Active-Semi transaction during its fiscal 2019 fourth quarter earnings conference call, scheduled for May 7, 2019.
February 7th, 2019
- STMicroelectronics of Geneva, Switzerland has signed an agreement to acquire a majority stake in Norstel AB of Norrkoping, Sweden, which was spun off from Linköping University in 2005 and develops and manufactures 150mm silicon carbide (SiC) bare and epitaxial wafers. ST says that, after closing, it will control the entire supply chain for a portion of its SiC devices at a time of constrained global capacity and position itself for a significant growth opportunity.
ST will acquire 55% of Norstel's share capital, with an option to acquire the remaining 45% subject to certain conditions, which, if exercised, will result in total consideration of $137.5m, funded with available cash.
February 6th, 2019
- On February 4th Maxwell Technologies, Inc. announced it has entered into a definitive agreement to be acquired by Tesla, Inc. Tesla will commence an all stock exchange offer for all the issued and outstanding shares of the Company, after which the Company will be merged with a Tesla subsidiary and become a wholly owned subsidiary of Tesla.
February 5th, 2019
- On February 4th Kyocera Corporation announced that its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire 100% of the shares of its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in Selb, Germany. H.C. Starck Ceramics will join Kyocera Group and begin operations in spring 2019, subject to regulatory approval.
Archived News Pages:
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