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Intel inks $17B Altera buy

Intel confirmed its anticipated acquisition of semiconductor company Altera, with a definitive agreement signed for an approximately $16.7 billion all-cash deal. In a statement, Brian Krzanich, CEO of Intel, said: “Intel’s growth strategy is to expand our core assets into …

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Europe strikes 5G R&D deal with Japan

The European Union (EU) joined forces with Japan to work towards a “common understanding of 5G”, identify “new harmonised frequencies” for the next-generation technology, and cooperate on future 5G applications. “Our agreement with Japan is a milestone on the road …


Avago confirms $37B Broadcom buy

Semiconductor company Avago Technologies is to acquire rival Broadcom in a $37 billion deal, in a move which the acquirer said will give it “the most diversified communications platform in the semiconductor industry”. Hock Tan, president and CEO of Avago, …