Avago Technologies Limited, a leading designer, developer and global supplier of analog semiconductor devices and Intel Corporation, a world leader in computing innovation have announced the signing of a definitive agreement for Intel to acquire LSI's Axxia networking business and related assets for $650 million in cash. The transaction has been approved by the boards of… //
Minnesota-based Mills Fleet Farm has agreed to sell its majority stake to KKR, one of the biggest investment companies in the U.S. whose holdings total around $100bn across several industries.
In a letter sent to DuPont's Board of Directors, Trian Fund Management LP urged that DuPont be split up in order to be more competitive. The hedge fund established by billionaire Nelson Peltz, lauded the recent efforts of the company to shed non-core businesses, but said more needs to be done.
Dell Inc.'s quarterly financial results released Monday showed that revenue fell from a year ago as the company disclosed publicly its numbers for the first time since late 2013, when the company became a private company.
Samsung is still the number one smartphone company in both Q4 last year and the whole of 2015 according to market research firm IDC. The Korean giant posts a total of 85.6 million shipments in the Q4 2015 clinching the number 1 spot against arch-rival, Apple, with 21.4 percent of market share. The Cupertino company, on the other hand, remains number 2 with 74.8 million iPhones shipped in Q4 with 18.7 percent of the market.
Etsy Inc. posted a profit in the first quarter -- the first time since April 2015 when it went public -- as growth in revenue and users stayed strong, according to a company statement released on Tuesday.
DALLAS, Aug. 18, 2014 /PRNewswire-iReach/ -- Consideration of Business Process Management (BPM) Market Forecasts indicates that markets at $3.4 billion will reach $10 billion by 2020. Growth comes as automation of process adapts more efficiently to collaboration between people and provides interactive process based on exception management. Application Server Market Company Profiles: 360 Logica, Actuate, Adobe,… //
Microsoft decides to play it nicely with others as it confirms to team up with Dropbox to create a new cloud-storage platform.