Broadcom Inc (NASDAQ: AVGO) Faces Patent Infringement Lawsuit From Japanese Electronics Manufacturer Panasonic

In a federal lawsuit filed on Thursday in Texas, Japanese electronics manufacturer Panasonic sued chipmaker Broadcom Inc (NASDAQ: AVGO). for breaching its rights to a number of computer-tech patents. Panasonic sues Broadcom over patent infringement claims Broadcom rejected the patent catalog of Panasonic Holdings Corp, which the company claimed covered a “wide array” of Broadcom […]

Broadcom In Negotiations To Acquire Semiconductor Giant Symantec For $15 Billion

Broadcom Inc. (NASDAQ:AVGO) is in discussions to acquire Symantec Corporation (NASDAQ:SYMC) as part of the company’s shift in the strategy of diversifying beyond semiconductors. This comes after a failed bid to acquire Qualcomm Inc. (NASDAQ: QCOM). The deal is expected to expand the company’s diversification into software a year after acquisition CA Inc. for around […]

Extreme Networks, Inc (NASDAQ:EXTR) Opens Up Regarding Its Move To Acquire A Networking Business

The stock of Extreme Networks, Inc (NASDAQ:EXTR) closed at 9.36 maintaining its recent position. This company has today given its word citing that they have struck an agreement with Brocade Communications Systems, Inc (NASDAQ:BRCD). As a matter of fact, it is expected that soon Extreme Networks, Inc will be the sole owner of “Brocade”) data center […]

Intel Corporation (NASDAQ:INTC) Close To Deal To Acquire Altera Corporation (NASDAQ:ALTR)

Intel Corporation (NASDAQ:INTC) is near to a deal to acquire smaller chip manufacturer firm Altera Corporation (NASDAQ:ALTR) for about $15 billion. The acquisition price is expected to be as much as $54 per share, a 15% premium over ALTR’s Thursday closing price. The New York Post reported that deal is expected to finalize by the […]

International Rectifier Corporation (NYSE:IRF) To Be Acquired By Infineon Technologies AG (ETR:IFXA) For $3 Billion

Boston, MA 08/22/2214 (wallstreetpr) – Infineon Technologies AG (ETR:IFXA), the largest chipmaker of Germany, agreed that it would acquire International Rectifier Corporation (NYSE:IRF) in a deal worth $3 billion in cash. By acquiring International Rectifier the Germany’s chipmaker would be able to add on further benefit to the technology-based power management business. About the Deal […]

Intel Corporation (NASDAQ:INTC) to acquire LSI’s Axxia Networking Business from Avago Technologies Ltd (NASDAQ:AVGO) in $650 million deal

Boston, MA 08/14/2014 (wallstreetpr) – Avago Technologies Ltd (NASDAQ:AVGO) recently announced that it has agreed to sell Axxia Networking Business of LSI to Intel Corporation (NASDAQ:INTC) in an all-cash transaction worth $650 million. Major Highlights of the Transaction The $650 million deal between the two companies was approved by Board of Directors of both, Intel and […]

AVAGO Technologies Limited (NASDAQ:AVGO) Is All Set To Join S&P 500 After Acquiring LSI Corporation (NASDAQ:LSI)

Boston, MA 05/19/2014 (wallstreetpr) – AVAGO Technologies Limited (NASDAQ:AVGO) is a leading American company which is known for excellent wired infrastructure services and products. Recently AVGO had completed the acquiring process. The details of the process:  AVGO acquired the LSI Corporation (NASDAQ:LSI) at a decent price of $11.15 per share in the cash mode and […]

Avago Technologies Ltd (NASDAQ:AVGO) Acquires LSI Corp (NASDAQ:LSI)

Boston, MA 05/12/2014 (wallstreetpr) – Avago Technologies Ltd (NASDAQ:AVGO) is involved in the design and development of analog semiconductor devices. Avago has announced that it has completed the acquisition of LSI Corp (NASDAQ:LSI). LSI Corporation is an electronics company of California engaged in designing of semiconductors and software to increase storage and networking in data centres, mobile […]

Premium Price Being Offered For LSI Corp (NASDAQ:LSI) In Takeover Deal

Boston, MA 12/26/2013 (wallstreetpr) – Reports about LSI Corp (NASDAQ:LSI) being sold to Avago Technologies Ltd (NASDAQ:AVGO), first got confirmation with official news release on December 16. But, something that seems to have escaped the attention of journalists reporting on the deal is the premium price being paid for the acquisition of LSI. Avago has […]

LSI Corp (NASDAQ:LSI)Undergoes Investigation

Boston, MA 12/23/2013 (wallstreetpr) – LSI Corp (NASDAQ:LSI), a company that designs, markets and develops networking semiconductors, is facing an investigation by a national law firm, Levi & Korsinsky. The company has made a deal with Avago Technologies Ltd (NASDAQ:AVGO), a leading manufacturer of analog semiconductor. Therefore, this investigation is related to the violation of […]

LSI Corp (NASDAQ:LSI) Acquired By Avago Technologies Ltd (NASDAQ:AVGO) For $6.6 Billion

Boston, MA 12/18/2013 (wallstreetpr) – US-based semiconductor technology firm LSI Corp (NASDAQ:LSI) is slated to be bought out by Singapore-based semiconductor giant Avago Technologies Ltd (NASDAQ:AVGO) in an all-cash deal to the tune of $6.6 billion. The second biggest semiconductor industry acquisition this year will, for the large part, see funding from a consortium of investors, which […]

Steep fall in production of iPhone, iPod – AAPL, NOK1V, GOOG, NOK, BRCM, QCOM, SWKS, AVGO and CRUS

The overall price of Apple Inc. (NASDAQ: AAPL) has been an unprecedented low in the past ten months, from $780 to $700. The reason cited for the drop has been stated to be the decrementing sales of iPhones and I- pad, as suggested by UBS AG (USA) (NYSE: UBS) analyst, Steven Milunovich. Recent analysis done […]