Nov 21 Analog chipmaker Macom Technology Solutions Holdings Inc said on Monday that it would buy fellow chipmaker Applied Micro Circuits Corp for about $770 million in cash and stock to expand its connectivity business.
Macom's offer of $8.36 per share represents a premium of 15 percent to Applied Micro's Friday close. (Reporting by Supantha Mukherjee in Bengaluru; Editing by Sai Sachin Ravikumar)
One dead in ENI Congo oil platform fire
BRAZZAVILLE, Dec 3 One person was killed in a fire on an oil platform operated by ENI Congo off the coast of the Congo Republic city of Pointe-Noire, the government said.
Aixtron, Fujian to explore what is left of deal after U.S. veto
FRANKFURT, Dec 3 German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.