ARM Buys US Semiconductor Group Artisan for $913 Million
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ARM said the deal would better position the combined company to take advantage of growth opportunities across multiple industries as the process of designing semiconductors grows increasingly complex.
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U.S. stocks to watch: ARTISAN COMPONENTS INC (ARTI.O) British semiconductor designer ARM Holdings Plc (ARM.L) agreed to buy U.S. technology firm Artisan for &#36;913 million, to boost its product range, but ARM shares slumped on Monday on concerns it had overpaid. Artisan shares ended at &#36;23.88 on Nasdaq on Friday.
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The $155 million cash deal is the latest in a wave of acquisitions for the computer maker.
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Eastman Kodak Co. says it&#39;s agreed to buy the Imaging business of National Semiconductor Corp., which develops and manufactures complimentary metal oxide semiconductor image sensor devices.
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U.S. electronic stock market Nasdaq  has agreed to buy Nordic markets owner OMX  for $3.7 billion, as Nasdaq seeks to expand abroad following a series of rival stock market mergers.
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European Aeronautic Defence and Space Company NV acquired US military electronics company Racal Instruments Inc. in a deal worth up to US$130 million (euro105 million), the European defense giant said Wednesday.
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Hynix of Korea has sold its non-memory semiconductor operations to Citigroup Venture Capital for Won954.3bn ($828m) and it will be renamed MagnaChip Semiconductor.
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British semiconductor designer ARM Holdings Plc (ARM.L: Quote, Profile, Research) agreed to buy US chip components firm Artisan (ARTI.
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Arm is to pay $910m (Â£504m) in cash and shares for Artisan, the US-based transistor-level designer for systems-on-a-chip. Arm chairman Sir Robin Saxby said in a conference call: &quot;This will be a combination
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US stocks to watch: ARTISAN COMPONENTS INC (ARTI) British semiconductor designer ARM Holdings Plc agreed to buy US technology firm Artisan for $913 million, to boost its product range, but ARM shares slumped on Monday on concerns it
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Semiconductor designer ARM Holdings ARM.L has agreed to buy US technology firm Artisan ARTI.O for $913 million (503.3 million pounds), to boost its product range, but
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Chip maker Freescale Semiconductor Inc   said on Friday that it had agreed to be bought for  $17.6 billion, or $40 a share, by a consortium of private  equity firms led by Blackstone Group.
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Artisan Components (ARTI:Nasdaq - news - research) shot up in Monday&#39;s premarket session after the UK&#39;s ARM Holdings (ARMHY:Nasdaq - news - research) announced it would buy the company for cash and stock that was worth nearly $34 a share at Friday&#39;s close
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Carlyle Group of the District is in talks to buy Advanced Semiconductor Engineering, the world's largest computer chip packager, for $5.7 billion, as demand for computer and mobile-phone components increases.
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Shares of Artisan Components (ARTI:Nasdaq - news - research) were among the best-performing technology stocks Monday after the company agreed to be acquired by ARM Holdings (ARMHY:Nasdaq - news - research) for $913 million in cash and stock.
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With the acquisition of Artisan Components, ARM will get 340 employees, plus facilities in California and India.
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RESEARCH TRIANGLE PARK - Cisco Systems is acquiring a California-based network management appliance developer for approximately $16 million in cash.