Search Results for:Greg Roumeliotis

Chipmaker Broadcom inks $19b deal to buy software firm CA

The CA deal comes just months after U.S. President Donald Trump blocked Broadcom’s $117 billion hostile bid for Qualcomm Inc.


T-Mobile agrees to acquire SoftBank-backed Sprint for $26b

The breakthrough in the companies’ negotiations came after T-Mobile majority-owner Deutsche Telekom and SoftBank agreed on a structure that will allow Deutsche Telekom to continue to consolidate the combined company, which will have a market value of over $80 billion, on its books.


Drug maker Shire rejects $63b Takeda bid as Allergan drops pursuit

Shire said Takeda’s proposals significantly undervalued the company’s growth prospects and drugs in development.


Global M&A boosts confidence as it reaches record high in Q1

While the value of M&A deals globally increased 67 percent year-on-year in the first quarter of 2018, the number of deals dropped by 10 percent to 10,338.


GSK’s bid in focus as Reckitt pulls out of Pfizer consumer health business auction

Pfizer has been hoping to fetch as much as $20 billion for its consumer health business.


Amazon to buy home security startup Ring for $1b

Ring is set to be one of Amazon’s most expensive takeovers, after its $13.7-billion deal last year for Whole Foods Market.


US blocks chip equipment maker Xcerra’s sale to Chinese state fund

The deal’s demise comes as the Committee on Foreign Investment in the United States (CFIUS) has become increasingly sceptical of Chinese acquisitions of U.S. companies following the inauguration of U.S. President Donald Trump a year ago.


US computer maker Dell, VMware explore business options including merger

Dell is under pressure to boost its profitability after the EMC deal failed to deliver the cost savings and performance it projected.


U.S. okays Chinese semiconductor deal in surprise move by CFIUS

Beijing-based Naura Microelectronics has completed a deal to buy U.S. semiconductor manufacturing equipment company Akrion Systems LLC


Spotify makes confidential filing for U.S. IPO, targets listing in next 6 months

The company said in June it had more than 140 million active users while listing more than 30 million songs.