Mergers & Acquisitions – Page 20

Foxconn Absorbs Smart

by Tom Allen

Smart Technologies has agreed to an acquisition offer by Foxconn, for $4.50 per share (a 21% premium over the average trading price). The deal is worth $200 million.

Tags:Foxconn (Honhai)| Large Display Monitor| Mergers & Acquisitions| Smart Technologies Inc| Vol 23 - Issue 21

Microchip’s acquisition of Atmel (Dialog and Atmel End Merger Agreement) is now officially complete. The companies are now to begin the work of integrating the two operating global teams. In a letter to clients, …

Tags:Atmel| Large Display Monitor| Mergers & Acquisitions| Mobile Display Monitor| Vol 23 - Issue 20

ASE and SPIL Discuss Holding Company

by Tom Allen

Following the failure of takeover talks earlier this year (ASE Fails in SPIL Bid), Advanced Semiconductor Engineering and Siliconware Precision Industries are discussing the possibility of forming an industrial holding company. Both companies have …

Tags:Large Display Monitor| Mergers & Acquisitions| Mobile Display Monitor| Vol 23 - Issue 20

Microsoft Sells Off Feature Phone Business

by Tom Allen

Microsoft has announced that it will sell its feature phone assets to Foxconn subsidiary FIH Mobile Ltd and HMD Global, Oy. The deal is valued at $350 million. As part of the agreement, FIH …

Starbreeze and Acer to Form Joint Venture for the StarVR Headset

by Isaac Oburu

Starbreeze AB and Acer Inc. today signed a letter of intent to form a joint venture for the StarVR Virtual Reality (VR) Head-Mounted Display (HMD). The two companies aim to cooperate on the design, …

Tags:Acer| Mergers & Acquisitions| Virtual Reality

Mergers: Commission Prohibits Hutchison’s Proposed Acquisition of Telefónica UK

by Isaac Oburu

The Commission has blocked the proposed acquisition of O2 by Hutchison under the EU Merger Regulation. It had strong concerns that UK mobile customers would have had less choice and paid higher prices as …

Tags:Europe| Mergers & Acquisitions

Dell Sticks to Original Acquisition Timeframe

by Tom Allen

Michael Dell has told attendees of EMC World that he intends to close the EMC acquisition (Dell Pays $67 Billion for EMC) by mid-July. Other executives, from both firms, echoed his statement at the …

Tags:Dell| Large Display Monitor| Mergers & Acquisitions| Vol 23 - Issue 19

EC Blocks Mobile Merger

by Tom Allen

The European Commission has blocked the proposed merger of O2 and Hutchinson, which operates the Three network, in the UK. The Commission was concerned that the move would have led to less choice and …

Tags:Mergers & Acquisitions| Mobile Display Monitor| UK (United Kingdom)| Vol 23 - Issue 18

Dell Renames After EMC Acquisition

by Tom Allen

Dell has announced a name change, following its acquisition of EMC (Dell Pays $67 Billion for EMC) last year. The part of the company selling PCs will still be known as Dell, while the …

Rovi Sets Out TiVo Acquisition Plan

by Tom Allen

Rovi has announced an intent to buy TiVo, for a total consideration of approximately $1.1 billion. The joint company will continue to be led by Rovi CEO Tom Carson, but will adopt the TiVo …

Tags:Large Display Monitor| Mergers & Acquisitions| Rovi| Tivo| Vol 23 - Issue 17

Nokia Plans to Acquire Withings

by Tom Allen

Nokia is to acquire Withings S.A. to enter into the health and fitness technology segment of the IoT, which the firm expects to grow by 37% per year from 2015-2020. The deal values Withings …

Tags:Mergers & Acquisitions| Mobile Display Monitor| Nokia| Vol 23 - Issue 16| Wearables

Philips Suggests IPO Likely for Lighting

by Tom Allen

Philips is likely to divest its lighting business in an IPO, rather than selling it to an external buyer. The move is part of Philips’ intent to consolidate its wide-ranging business to fewer areas, …