Broadcom-Avago merger likely to conclude by end of 1Q16
Broadcom (BRCM) and Avago (AVGO) have announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (or HSR) of 1976 expired with regards to the previously announced merger transaction worth $37 billion.
Sunnyvale, California-based Ayla Networks, whose Internet of Things platform provides connectivity for all kinds of product, has launched its platform for manufacturers in Europe and announced its first European customer, Innr for its smart home lighting system.
Merger activity in the semiconductor industry has reached a new level with the announcement of the agreement for Avago Technologies to acquire Broadcom, says IHS. The deal, which is valued at US$37 billion in cash and stock, will create a new company valued at $77 billion.
Mobile World Congress, Barcelona, Spain. March 2, 2015 — Delegates at #MWC15 are being saturated with messages about wearable tech, not least smart watches. This year however, says Jeremy Cowan, there’s a genuine effort to address the challenges they face, such as poor design, limited functionality, battery life, and high cost.
West Malling, Kent, UK. September 1, 2014 — CSR has confirmed that it has been approached by Microchip Technology Inc. with terms for a possible offer for the company. The proposal by US-based MicrochipTech, a larger rival as well as a customer, has been rejected by the CSR Board and the company said that it is “considering its options”.
(London, UK. September 5, 2013) — Telit Wireless Solutions, a global provider of M2M solutions, products and services, today announced that it has acquired ILS Technology LLC. This news comes 24 hours after Renesas Electronics Corporation reported the transfer of all shares in subsidiaries Renesas Mobile Europe Oy (RME), and Renesas Mobile India Private Ltd (RMI) to Broadcom Corporation.
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