Saturday, September 23, 2017

Avago to sell Axxia networking business to Intel for $650 million

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… //

Private-equity firm KKR buys Midwest retailer Mills Fleet Farm

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.

Break up Du Pont: Trian Fund

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 lower quarterly revenue puts cloud over EMC acquisition

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 the top smartphone company of Q4 and 2015

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 posts first quarterly profit since April 2015 IPO

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.

(BPM) Business Process Management Market to Reach $10 Billion by 2020

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,… //

Dropbox and Microsoft’s Partnership Takes OneDrive to …

Microsoft decides to play it nicely with others as it confirms to team up with Dropbox to create a new cloud-storage platform.

For Hospitals, Prestige Leads To Profits

A new study explores why the most profitable U.S. hospitals are who they are.

How Medicare Drug Plans Hope To Follow Private Sector...

The proposal that Medicare made this month to better control prescription drug costs involves testing strategies used with some success in the private sector.

California Voters Will Have Their Say On Drug Prices

Heated battle expected over November ballot proposal to curb state's prescription drug costs, as pharmaceutical industry opens its pocketbook to defeat the measure.

How You Can Easily Pay Off Your Holiday Debt

If you are just recovering from the holiday hangover...

Despite Kvetching, Most Consumers Satisfied With Health Plans: Poll

The survey by the Kaiser Family Foundation shows that 71 percent of people with insurance believe their services are excellent or good.