Articles Tagged with ''transaction''

Qualcomm to Acquire NXP

The largest semiconductor merger in history

Qualcomm Inc. and NXP Semiconductors N.V. announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP. Pursuant to the agreement, a subsidiary of Qualcomm will commence a tender offer to acquire all of the issued and outstanding common shares of NXP for $110.00 per share in cash, representing a total enterprise value of approximately $47 billion.


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ON Semiconductor to acquire Fairchild Semiconductor for $2.4 billion in cash

ON Semiconductor Corp. and Fairchild Semiconductor International Inc. announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.


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Technicolor to acquire Cisco connected devices division

 Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million (or $600 million equivalent) in a cash and stock transaction, reviewed by the Boards of Directors of the two companies, which will be on a cash free, debt free basis. The acquisition should result in Technicolor’s Connected Home segment reaching adjusted EBITDA in excess of €200 million by year end 2016 and best-in-class profitability (i.e.8-9% adjusted EBITDA margin) by 2017. 


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Lockheed Martin to acquire Sikorsky Aircraft

Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction. 


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Nokia to buy Alcatel-Lucent in an all-share transaction

Nokia and Alcatel-Lucent announce their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share.


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Mindspeed to sell assets of its wireless infrastructure unit to Intel

Mindspeed Technologies Inc., a leading supplier of semiconductor solutions for network infrastructure, announced that it has signed a definitive agreement to sell the assets of its wireless infrastructure business unit to Intel Corp. The asset sale was contemplated by the agreement and plan of merger with M/A-COM Technology Solutions Holdings Inc., announced on November 5, 2013.


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