Arm offers $913 million for chip component firm
685807
UK semiconductor design company Arm Holdings PLC has agreed to acquire a Sunnyvale, California, provider of components for chip manufacturing in a deal valued at around $913 million in cash and stock.
20036
Advanced Micro Devices Inc. (NYSE: AMD) has entered into sourcing and manufacturing technology agreements with Chartered Semiconductor Manufacturing Ltd.
264734
LONDON, August 23 (New Ratings) - ARM Holdings (ARM.ETR) has agreed to buy Artisan Components Inc (ARTI), a US-based provider of integrated circuit designing solutions, for about $913 million (Â£503.
703340
(InfoWorld) - Freescale Semiconductor Inc. has agreed to be acquired by a group of investment firms for US$17.6 billion. A consortium of four private equity firms plans to buy the big Austin, Texas, chipmaker for $40 per share in cash. The deal is subject to regulatory approvals and a vote by Freescale shareholders. Freescale's board of directors has unanimously approved the sale, the company announced Friday. The offer price represents an approximately 36 percent premium over the company's average closing share price in the 30 days ended Sept. 8. Freescale, a spinoff of Motorola Inc., went public on its own in 2004 and had sales of $5.8 billion in 2005. It designs and manufactures embedded networking, wireless, automotive, industrial and consumer product chips. Under the deal, Freescale is allowed to solicit other proposals for the next 50 calendar days and can respond to unsolicited offers, subject to a deal breakup fee. The consortium is led by The Blackstone Group, in New York, and includes The Carlyle Group, Permira Funds and Texas Pacific Group.
698028
LONDON - U.K. semiconductor design company Arm Ltd. is teaming with a division of Koninklijke Philips Electronics NV to develop a self-timed processor that promises low-power consumption and easy integration for use in smart cards and consumer electronics.
297847
LONDON ARM Holdings, a British semiconductor designer, said on Monday that it would buy Artisan Components for $913 million to broaden its product range.
369052
ArvinMeritor Inc. (NYSE: ARM), a Troy, Mich.-based auto parts manufacturer, announced Thursday that it plans to divest its interest in two businesses.
166196
Arm Holdings shares slumped 18pc yesterday after the semiconductor designer unveiled a surprise cash and shares deal to buy US technology firm Artisan Components.
155502
British semiconductor designer ARM Holdings Plc (ARM.L: Quote, Profile, Research) agreed to buy US chip components firm Artisan (ARTI.
351859
ARM Holdings, the UK microchip designer, has agreed to buy American technology firm Artisan Components in a cash and shares deal worth Â£500 million, although some analysts fear it may have dug too deep.
599057
Infineon Technologies AG, Europe&#39;s second-largest maker of semiconductors, plans to invest about $1 billion in a new factory in Malaysia to expand its automotive chip business and be closer to customers in the region.
152524
Microprocessor designer Arm Holdings buys US tech firm Artisan for about $913m.
646612
AMD and IBM have extended their chip-manufacturing technology agreement for another three years according to investors.com. The previous deal, signed in 2002, was due to run out next year.
149017
(InfoWorld) - Texas Instruments, the world's largest maker of mobile phone chips, plans to work more closely with its Asian contract chip manufacturing partners to develop new production technologies, a company spokeswoman confirmed. The company said earlier this year it planned to stop developing its own chip production technologies and instead work more closely with contract manufacturing partners on joint development. A TI spokeswoman confirmed that the company plans to work with Asian contract chip makers, or foundries, on the new strategy. TI currently farms out chip production to four Asian chip foundries: Taiwan Semiconductor Manufacturing Co.Â (TSMC) and United Microelectronics Corp. (UMC) of Taiwan; Singapore's Chartered Semiconductor Manufacturing; and China's Semiconductor Manufacturing International Corp., according to Tracy Zhou, head of media relations in the Asia Pacific region for TI. "For the cooperation with foundries, TI will continue working with its current advanced logic foundry partners," she said in an e-mail. The change in tactics is significant. TI is one of the world's biggest chip makers, and has long developed its own production technologies. For any new chip, engineers must focus not only on the circuit design of the chip itself, but also on how it will be mass produced. If a design is too complicated to manufacture at a reasonable price, it can get the boot even if it has promising features. The outsourcing of chip production development by companies that previously did it mostly themselves, such as TI, has become a trend over the past several months, said Jackson Hu, the chairman of UMC, at the company's fourth quarter investor conference last month. "Some companies are even closing their own chip factories and farming out orders to foundry chip makers, while others are simply no longer investing in chip production R&D, and instead putting that investment money into chip product design efforts. We believe this is a positive industry trend, a win-win situation, and a strong affirmation of our R&D capabilities," Hu said. The fact that a company the caliber of TI is willing to leave the production side of technology development up to contract chip makers, at least in part, shows how far the foundry business has come. TSMC was the first company to focus on manufacturing chips that are designed by other companies. Before TSMC opened, small chip design firms had to ask Intel, Motorola, and other big companies to manufacture their chips, and these companies would only agree if their factories weren't already full. Most small companies didn't have enough money to set up their own chip factories because the high tech plants then cost around $1 billion each. Now, new ones cost around $3.5 billion. TSMC stepped in to fill the gap, setting up huge chip factories and taking orders from customers, mainly in the U.S. The result has been the steady growth of chip design companies that never build their own factories. Mobile phone chip developer Qualcomm and graphics chip designer NvidiaÂ are two examples of companies that have been wildly successful, despite not owning their own factories. They farm out production to foundries such as TSMC and UMC.
14992
Taiwanese chip assembler Advanced Semiconductor EngineeringÂ (ASE) plans to invest $60 million in a low-end chip assembly company based in China.
301859
The chairman of the world's largest contract electronics manufacturer, which assembles gadgets from AppleÂ iPods to Nintendo's Wii game console, pledged NT$15 billion (US$454.4 million) to Taiwan's most prestigious university to build a new cancer ward and fund research against the disease.
495585
One of the world's largest DRAM makers plans to invest $525.3 million on two chip factories in Asia.