Deals
Deals of the day -- mergers and acquisitions
The following bids, mergers, acquisitions and disposals involving European, U. S. and Asian companies were reported by 0930 GMT on Friday:** SK hynix dropped its bid for bankrupt Japanese semiconductor maker Elpida Memory Inc, sending shares of the South Korean chipmaker to a two-week high.
Microchip Technology and SMSC Announce the Acquisition of SMSC by Microchip Technology
Acquisition Will Expand Microchip’s Smart Connectivity Solutions for Embedded Markets Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, analog and Flash-IP solutions, and Standard Microsystems Corporation (NASDAQ: SMSC) today announced that Microchip has signed a definitive agreement to acquire Standard Microsystems Corporation (“SMSC”) for $37.
Grey Mountain Partners Acquires Cloud Infrastructure Provider Ajubeo LLC
Grey Mountain Partners Acquires Cloud Infrastructure Provider Ajubeo LLC Grey Mountain Partners ("Grey Mountain") through its affiliate, Infrastructures Investors LLC, today announced the acquisition of Ajubeo LLC (“Ajubeo").
Code Advisors Announces a $25 Million Investment from JPMorgan Chase
“Identifying and supporting great ideas early in their development is particularly important in the technology space”