February 20th, 2017:
- The $850 million acquisition of Cree Inc.'s Wolfspeed Power and RF division by Infineon Technologies AG was has been called off after a federal government committee raised concerns about the deal's implications for U.S. national security.
As a result of the acquisition's termination, Infineon must pay a $12.5 million fee to Cree, Cree announced.
February 13th, 2017:
- Integrated Device Technology, Inc. and GigPeak, Inc. today announced that they have signed a definitive agreement for IDT to acquire GigPeak, Inc., for total cash consideration of $3.08 per share, or approximately $250 million in cash. This per share consideration would represent a premium of approximately 22% to GigPeak's closing share price on February 10, 2017.
February 8th, 2017:
- V-Nova Ltd., a provider of video compression solutions, today announced the completion of its first acquisition, by purchasing the full global patent portfolio of video imaging experts Faroudja Enterprises Inc. for an undisclosed sum.
Faroudja Enterprises Inc. was founded by video pioneer and multiple Emmy Award winner Yves Faroudja, and the acquisition of its patent portfolio is a strong investment by V-Nova in its own long-term technology roadmap. The addition of the Faroudja technology will further improve the efficiency of V-Nova's compression technology PERSEUS™ and ensure that it continues to be at the forefront of next-generation video services.
January 9th, 2017:
- BizLink Holding Inc. announced today that it has entered into definitive purchase agreements with Leoni AG to acquire in a share deal its Electrical Appliance Assemblies business group. Both parties agreed upon an enterprise value in cash of EUR 50 million and aim to close the deal in the first half of 2017.
Archived News Pages:
Sorry, because of a major crash we lost the News Files from July 21 2005 until February 1 2007. We couldn't recover the datafiles.