LSI Logic acquires Agere for $4B
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LSI hopes to use the deal to extend its market in storage and consumer electronics by adding Agere's expertise in storage, mobility and networking.
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InfoWorld - Advanced Micro Devices is undaunted by rival Intel&#8217;s recent headline-grabbing announcements of 45-nm (nanometer) processing technology and a deal to supply Xeon chips to Sun Microsystems.
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Microprocessor designer Arm Holdings buys US tech firm Artisan for about $913m.
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Four senior executives at Pegasystems Inc. got some very good news one Friday in April 2003. Directors of the Cambridge software company had awarded them a total of 240,000 stock options with an exercise price set to reflect prevailing market prices.
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(InfoWorld) - Advanced Micro Devices is undaunted by rival Intelâs recent headline-grabbing announcements of 45-nm (nanometer) processing technology and a deal to supply Xeon chips to Sun Microsystems. Interviewed at the DesignCon 2007 conference in Santa Clara, Calif., last week, Steve Polzin, chief platform architect in the Computation Products Group at AMD, said his company would, in time, also use 45-nm manufacturing technology through its alliances with Sony, Toshiba, and IBM. âWe have access to very similar technology that weâll be able to use in 45-nm,â Polzin said. âItâs a weapon in our arsenal.â Intel sent tremors through the hypercompetitive chip market last week when it made good on promises to begin producing 45-nm chips by the second half of this year. More concerning for AMD, Intel said the new chips would consume less energy and generate less heat than existing chips, thanks to a new material dubbed âhigh-kâ that is used in the insulating material for transistors. Polzin would not commit on a time frame for when AMD would use 45-nm, except to say that the company would do so âwhen it makes sense.â AMD currently uses 65-nm processing technology in its Opteron CPU line. âPushing technology for technologyâs sake is not what we do,â Polzin said. The 45-nm technology will be applicable from systems ranging from laptops to datacenters, he said. Intel does not have a big jump on AMD, said analyst Mary Olsson of Gary Smith EDA, and 45-nm systems will not be heavily used for three to four years. As for Sunâs deal to use Intel CPUs after having relied on only AMD for x86 chips, Polzin said the arrangement was not unexpected, with Intel now leveraging AMD-championed technology in Xeon. âWe knew that one of the key factors that attracted Sun to AMD was the 64-bit extensions to x86,â Polzin said. âAMD64 is great technology. Intel decided to copy it, so what the heck.â Sun, as an AMD customer, is free to choose whichever suppliers it wants, Polzin said, adding that Sun is one of its âvery valued customersâ and that the companies still work closely. At the conference, Polzin cited the evolution of processors, which have grown from 16-bit to 32-bit and 64-bit units. Multicore processors also have arrived, he noted. The company plans its quad-processor Opteron offerings for a midyear release. Eight-core chips are on the drawing board as well. In 2009, the company plans to offer graphics processors and CPUs on the same chip as part of its Fusion initiative. This technology will be offered in the mobile Turion chip, Polzin said.
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'Combining of interests' Long standing semiconductor specialist LSI Logic, which leads in the provision of chips which underpin enterprise high end storage systems, has merged with Agere Systems, a company with a similar product set, in a deal valued at around $4bn.â¦
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Ditching products, beefing services LogicaCMG has sold its telecoms products division to a private equity consortium for Â£265m.â¦
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Agere Systems Inc. (AGRa.N: Quote, Profile, Research) on Tuesday posted a fiscal fourth-quarter loss as the communications chip maker&#39;s revenue declined and it took hefty charges for restructuring.
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Agere Systems Inc., which makes computer chips and software for cell phones and other devices, Tuesday said it fell to a loss for its latest quarter, hurt by charges for its restructuring plan and declining revenue.
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Abbott Laboratories Inc. has agreed to buy the nutrition firm EAS Inc. for $320 million. The two companies said Monday the cash transaction is expected to close in the fourth quarter, pending regulatory approval.
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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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IBM Corp. has agreed to buy Montreal software developer Systemcorp ALG for an undisclosed sum, the companies said Tuesday.
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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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Emulex will buy Sierra LogicÂ to build a bigger enterprise storage portfolio. Emulex said Tuesday it has reached a definitive agreement to acquire Sierra Logic for $180 million to expand its position in the embedded storage components market.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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NEW YORK/TAIPEI  - A private equity consortium led by The Carlyle Group  is planning to make a $5.5 billion bid for the world's biggest microchip packaging firm, Advanced Semiconductor Engineering Inc. (ASE)  , the companies said on Friday.
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IBM on Friday announced it acquired privately held Systems Research & Development (SRD), for an undisclosed amount, to fill out its business intelligence middleware portfolio.
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Raises prices to fuel staffing Anglo-Dutch firm LogicaCMG is stuggling to find the brains it needs to fulfill IT services demand in the West.â¦