State-owned Tsinghua Unigroup Ltd offered to buy RDA Microelectronics Inc for USD 18 per share. RDA Microelectronics Inc said it received its second buyout offer after more than a month.
Technology Equipment
Investor hype does not spell long-term success for Twitter - report
A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.
Johnson Controls acquires majority share in South American battery company
Johnson Controls recently bought 90% of the stakes in battery maker MAC. Johnson Controls Inc. (JCI) announced its acquisition of a majority stake in battery company MAC, which conducts business across Central and South America, This was according to a report published by Journal Sentinel.
Tablo seeks crowdfunding for over-the-air DVR
Tech startup Tablo launched on crowdfunding site Indiegogo to raise funds for its new over-the-air DVR project.
Numericable IPO raises record amount in four years
By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
Latest News
Some investors expressed discontent at the investment plans of giant phone maker Samsung Electronics.
Google Ventures added two new investors, Shanna Tellerman and Dave Munichiello, in its roster. Google Ventures welcomed Shanna Tellerman and Dave Munichiello, its two new investment partners, to its ranks.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Icon Venture Partners I was an oversubscribed investment fund for the purpose of investments in companies in key enterprise technology sectors.
One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.
General Electric Healthcare India would be creating cost effective equipment to address global demands.
Synacor Inc acquired Android development platform company Teknision to develop a single homepage access for all media on mobile devices.
TV discovery startup i.TV has bought the newly funded GetGlue as a companion TV app. The Utah-based TV discovery startup i. TV had recently acquired GetGlue as a second-screen app mashup, according to a report by TechCrunch.
Private equity firm Solis Capital Partners backed Horizon Communications, a telecommunications and electrical infrastructure provider.
