Acquisition

Marvell this morning has announced that it is selling off its Wi-Fi and Bluetooth chipset business to NXP Semiconductors in a $1.76 billion cash transaction. This business unit includes about 550 employees and generated about $300 million in revenue for Marvell during their fiscal year 2019. For NXP, the acquisition seems to complement and expand their existing portfolio that is focused mostly on automotive, industrial and embedded/IoT products. For Marvell, the sale appears to be mostly about getting rid of a low-margin product line. The sale of Marvell's wireless division comes on the heels of two major acquisitions announced earlier this month: wired networking firm Aquantia for $452 million, and GlobalFoundries subsidiary Avera Semiconductor for $650 million. With these changes, it's not clear what Marvell's...

OWC Acquires AKiTiO, Creates Peripheral Powerhouse

OWC on Thursday announced that it had acquired AKiTiO, creating one of the industry’s largest suppliers of storage and other peripherals aimed at professionals and prosumers. One of the...

1 by Anton Shilov on 1/3/2019

Renesas to Buy IDT, Expand Product Portfolio

Renesas this month has announced plans to acquire IDT, making the move as part of a larger bid to expand its product portfolio with IDT's analog mixed-signal capabilities. The...

7 by Anton Shilov on 9/17/2018

Marvell Completes Acquisition of Cavium, Gets CPU, Networking & Security Assets

Marvell on Friday announced that it had completed its takeover of Cavium. The combined company will have a broad portfolio of IP and patents that promise to enable the...

15 by Anton Shilov on 7/9/2018

Broadcom-Qualcomm Takeover Blocked By White House on National Security Grounds

Stepping into the increasingly wild saga that has been Broadcom’s efforts to purchase Qualcomm, the US government is now weighing in by issuing a new order to block the...

52 by Ryan Smith on 3/12/2018

Western Digital, Toshiba And Bain Capital Settle Disputes Over Sale Of Toshiba Memory

Western Digital announced in a press conference this afternoon that they have reached a settlement agreement with Toshiba over Western Digital's objections to the sale of Toshiba's stake in...

11 by Billy Tallis on 12/12/2017

Silicon Labs to Acquire Sigma Designs, Get Z-Wave IP

Silicon Labs has announced that it had reached a definitive agreement to acquire Sigma Designs in a cash transaction valued at $282 million. By taking over Sigma Designs, Silicon...

5 by Anton Shilov on 12/11/2017

Marvell to Acquire Cavium for $5.5 Billion, Augmenting Marvell's CPU, Networking, & Security Assets

Marvell and Cavium on Monday announced that they had reached a definitive buyout agreement. Under the terms of the transaction, Marvell will acquire all outstanding shares of Cavium for...

11 by Anton Shilov on 11/21/2017

Qualcomm Rejects Broadcom Offer to Buy the Company for $105 Billion

Qualcomm has announced today that the Board of Directors has rejected Broadcom’s proposal to acquire the company for around $105 billion. The BOD believes that Broadcom’s offering undervalues Qualcomm...

14 by Anton Shilov on 11/13/2017

Broadcom Makes Unsolicited $105 Billion Bid for Qualcomm

Broadcom on Monday said that it had proposed to acquire all of the outstanding shares of Qualcomm for $105 billion in total for cash and stock. If the buyout...

12 by Anton Shilov on 11/7/2017

Toshiba Signs Deal To Sell Memory Business

After being approved by the board of directors last week, Toshiba's deal to sell their memory business to a consortium led by Bain Capital has been signed and will...

9 by Billy Tallis on 9/28/2017

Toshiba To Proceed With Sale Of Memory Business To Consortium

The latest and possibly final round of bidding for Toshiba's memory business concluded today with Toshiba's board selecting a consortium led by private equity firm Bain Capital as the...

12 by Billy Tallis on 9/20/2017

Intel to Acquire Mobileye for $15 Billion

In an interesting announcement today, Intel and Mobileye have entered into an agreement whereby Intel will commence a tender offer for all issued and outstanding ordinary shared of Mobileye...

17 by Ian Cutress on 3/13/2017

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