Former HP unit Avago to acquire disk drive and electronic semiconductors maker LSI for $6.6B

The acquisition by dual location-based chip manufacturer Avago Technologies Ltd of LSI Corp marked the second biggest acquisition in the semiconductor industry for this year, said a Businessweek report.

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Germany-based 6Wunderkinder acquires and winds down Moped

Moped, a messaging platform startup, had been acquired by local cloud-based software startup 6Wunderkinder, according to the former's announcement on its website. Financial details of the transaction were not disclosed.

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Processor design firm ARM acquires Need for Speed graphics and lighting tech provider Geomerics

Cambridge, England-based ARM's acquisition of graphics and lighting tech for games maker Geomerics was strategic, as the former intends to extend its reach in visual computing.

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Sycamore to announce $1.2 billion Jones Group acquisition by next week - sources

According to one of the two sources who were knowledgeable of the process, private-equity firm Sycamore Partners might announce its $1.2 billion acquisition of Jones Group Inc as early as next week.

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GM exit Peugeot, finds Dongfeng as new potential partner in tie-up talks

As General Motors Co disposes its 7% shareholder interest in France's PSA Peugeot Citroen, the latter said it is currently in talks with Dongfeng about a potential tie-up.

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Sycamore Partners close to acquisition of Jones Group Inc- sources

Citing sources, Bloomberg reported that consumer and retail-focused private equity firm Sycamore Partners is nearing a deal for the acquisition of retailer Jones Group Inc.

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JC Penney trims high-profile brands in favor of its own labels

JC Penney Co Inc CEO Mike Ullman told Reuters exclusively that the company is planning to dispose and trim some of its top name brands like Joe Fresh clothes and its own jcp menswear in order to focus on brands that generate more sales for the company.

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LifeLock purchases Lemon in $42.6 M deal, launches new Lemon-based Wallet

A joint announcement today revealed that digital wallet platform Lemon will be merging with Identity theft protection service LifeLock in a $42.6 million transaction, which also resulted to a modified digital wallet service platform.

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Heineken hikes up holding in United Breweries of India for USD45.8 million

The National Stock Exchange data revealed Heineken International BV today increased its shareholder interest in India's United Breweries for USD45.8 million or INR2.8 billion.

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France’s Dailymotion acquires Jilion for an undisclosed sum to build its business

Dailymotion's acquisition of Jilion was said to be because of the opportunities SublimeVideo's cutting-edge HTML5 video technology platform could provide to the French video-sharing site.

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Volvo to divest its machine rental business to Platinum Equity for USD1.1 billion

Volvo AB has entered into a definitive agreement to divest its construction-equipment rental business Volvo Rents to Platinum Equity in a SEK7.2 billion or USD1.1 billion debt sale deal.

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Nokia to shell EUR355 million to India to transfer its domestic unit to Microsoft - sources

Sources noted that Nokia Oyj is in danger of finding a new buyer for its mobile handset business if it failed to lift the freeze on its Indian assets to be able to transfer them to Microsoft as part of its acquisition agreement.

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Verizon to acquire content delivery network EdgeCast

A press release from Verizon Communications Inc read that it has acquired content delivery network EdgeCast to be consolidated to its Verizon Digital Media Services at an undisclosed amount.

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WhiteWave to acquire Earthbound Farm in a USD600 million deal

Dairy products company WhiteWave Foods is set to acquire organic food producer Earthbound Farm from its existing shareholders including founders Drew and Myra Goodman and Kainos Capital for USD600 million.

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Julius Baer acquires Merrill Lynch middle east wealth management units

Switzerland's third largest wealth manager Julius Baer Group Ltd said it has already acquired the Middle Eastern wealth management units of Merrill Lynch located in Lebanon, Bahrain and the United Arab Emirates.

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