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Acquisition & Merger

Silicon Labs Completes Acquisition of Redpine Signals’ Connectivity Business

Silicon Labs, through the acquistion, is expanding its IoT wireless technology business The Redpine Signals acquisition includes an at-scale design center with approximately 200 employees in Hyderabad, India Silicon Labs, a provider of silicon, software and solutions for a...

Nvidia Acquires Mellanox For Seven Billion Dollars

Mellanox, in March 2020, had reached a definitive agreement to acquire privately held Titan IC NVIDIA has paid $125 per Mellanox share NVIDIA today announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of...

Component Distributor Serial System Selling Inactive Subsidiary For US$1

This sale, as per serial systems, will not have a material impact on the it's net tangible assets The deal includes a net loss of US$2,000 Electronics component distributor Serial System is selling its subsidiary that dealt in distributing...

China’s Antitrust Authority Gives Nvidia Green Signal to Acquire Mellanox

NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash Mellanox, in March 2020, had reached a definitive agreement to acquire privately held Titan IC NVIDIA has announced that it...

U-blox Acquires IoT Communication-as-a-Service Provider Thingstream

U-blox stated that the acquisition marks its entry into the IoT sphere The company said it acquired Thingstream for 10 million Swiss Franc U-blox is a provider of positioning and wireless communication technologies U-blox, a global provider of positioning...

STMicroelectronics to Acquire Stake in Gallium Nitride Innovator Exagan

STMi informed that the acquisition will help accelerate it's GaN expertise, roadmap and business for high-frequency, high-power automotive, industrial and consumer applications Terms of the transaction were not disclosed and closing of the acquisition remains subject to customary...

STL Invests in 5G Virtual Radio Access Innovator ASOCS

Sterlite Technologies Ltd (STL) had recently won a contract worth Rs 1800 crore in Telangana The company has acquired 12.8 stake in ASOCS STL has announced an investment in ASOCS, a developer of open, virtualized Radio Access Network (vRAN)...

IDT Starts Operating as Renesas Electronics America

Renesas Electronics Corporation is a premier supplier of advanced semiconductor solutions Integrated Device Technology (IDT) had announced integration with Renesas back in March 2019 Renesas Electronics Corporation (Renesas), a premier supplier of advanced semiconductor solutions, today announced that former...

u-blox Acquired Rigado’s Bluetooth Modules Business

This acquisition will allow u-blox to extend their range of products in the area of Bluetooth® low energy, Zigbee and Thread u-blox is looking forward to the ongoing collaboration with distribution partners like Digi-key or Future Electronics u-blox announced...

Infineon Revs Up Auto Business With $10 Billion Cypress Deal

The deal would create an automotive leader with a 13 per cent market share This would enable Infineon to offer more complete packages for electric vehicles that are expected to win a growing share of the car market Germany’s...

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VVDN to Hire 10,000 Employees in The Next 12 Months

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Kimball Electronics Announces Internal Promotions And Executive Retirements

Steve Korn has been promoted to the newly-created position of president of global Electronics Manufacturing Services (EMS) Operations Lee Kemper has been promoted...

Samsung Relocating Parts of Display Manufacturing From China to India: Report

The South-Korea based Samsung is looking invest around Rs 54 Billion in setting up this manufacturing plant It has signed a memorandum of...

Smartphones: Lava Announces Design in India Contest

Lava is inviting entries for designing the next Indian smartphone Students and professionals from Engineering departments can participate in this contest Indian mobile handset...