M/A-COM Technology Solutions Holdings agreed to purchase communications chip maker Mindspeed Technologies Inc. for USD272 million.
Tags: Cisco Systems Inc
Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators
Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.
China drops leading technology brands for state purchases
China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.
Workers strike at Foxconn China factory after HP order cut: labor watchdog
More than 1,000 employees went on strike at a China factory owned by Hon Hai Precision Industry Co Ltd (2317.TW), the world's biggest electronics contract manufacturer, demanding higher wages and better benefits, a labor watchdog said on Thursday.
Activist hedge fund Elliott bids to buy Riverbed Technology for $3.08B
Elliott Management Corp., a hedge fund run by activist investor Paul Singer, has made an offer to acquire network equipment maker Riverbed Technology Inc. for $3.08 billion. Riverbed was reportedly working with Goldman Sachs Group Inc. in November on a potential sale.
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Nvidia Corp.announced naming Colette Kress as its new chief financial officer after David White vacated the post last March 2011.
The Smartphone-like network of switches would be offered by Huawei in October to boost its market share and challenge its rival, Cisco.
Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
Cisco said that they will pay US$2.7 billion to buy back Sourcefire. Cisco Systems Inc. announced that they have agreed to buy back the cyber security firm Sourcefire for US$2.
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