After months of negotiating, Foxconn has agreed to acquire Sharp for ¥389bn (£2.5bn) despite Sharp’s debt of over 300 billion yen (£1.85bn). Foxconn, a Taiwanese company, will acquire a controlling stake of 66 percent…
Tag: Merger & Acquisitions
Intel acquires 1,400 patents registered by Powerwave Technologies
Intel: The patents relate to, among other things, telecommunications infrastructure technologies, including tower mounted amplifiers, antenna structures, power amplifier configurations, crest factor reduction and digital pre-distortion circuitry.
Amazon buys digital comic startup Comixology
Amazon on Thursday announced that it is acquiring New York based ComiXology, a startup that offers digital versions of comics. The deal is expected to close sometime in the second quarter of…
Samsung eyes business restructuring plans
Samsung has announced that it is going for a business restructure program in order to reduce its dependence on the electronics business and to explore new market alternatives. According to the Korea…