Acquisition

Broadcom acquires networking chip maker NetLogic

Wireless chipmaker Broadcom Corp. announced Monday that it is buying smart chip maker NetLogic Microsystems in a bid that would enhance its range of chipmaking technology for more advanced networks.

Wal-Mart may abandon Massmart bid over supply targets

Wal-Mart may abandon the takeover bid to buy a major stake in South Africa’s Massmart Holdings Ltd if government enforces conditions on the retailers to stock a specific amount of South African products.

Microsoft nearing Skype acquisition

Microsoft, the Redmond-based giant, is almost ready to take over Skype Technologies.

EBay's Donahoe buys GSIC

eBAY acquires GSIC

EBAY CEO, John Donahoe, has become the owner of the biggest e-commerce marketplace with his acquisition of GCIS.

Government approves Comcast-NBC deal, imposes conditions

The federal regulators have approved Comcast Corp. bid to takeover NBC Universal Tuesday but have imposed certain conditions.

General Electric Wants to Be a Millionaire

There's an old investing saw -- of the gallows humor variety -- that says "it's easy to become a millionaire investing in stocks. All you gotta do is start out as a billionaire..." Well, it seems General Electric (NYSE: GE) aims to put that theory to the test.

Soft drink heirs take on Coca-Cola

New Orleans -- Heirs of the illegitimate son of the founder of Barq's root beer are suing Coca-Cola in Louisiana, alleging its acquisition of the company isn't legal.

The lawsuit filed in U.S. District Court last month alleges Coca-Cola never really had the right to buy one-third of Barq's owned by Jessie Robinson, son of Jasper Robinson, the illegitimate son of Barq's founder Edward Charles Edmond Barq Sr., in 1995 because he never agreed to the sale despite signed contracts to the contrary, The (New Orleans) Times-Picayune reported Sunday.

The suit seeks to throw out an agreement Jesse Robinson signed in 1971 giving his portion of Barq's to his sisters.

Dell plan sends 3Par stock soaring

Fremont, Calif. -- Shares of 3Par, a data storage provider, surged Monday after Texas computer giant Dell said it plans to buy 3Par for $1.15 billion.

In midday trading shares of 3PAR, based in Fremont, Calif., were at $17.93, up $8.28, or nearly 86 percent.

Dell said in a release 3Par's cloud-computing storage technology complements its own data storage products.

"We have aligned our storage offerings over the last several years to provide our customers choice and value," Brad Anderson, senior vice president of Dell's enterprise product group, said in the news release. "3Par brings the same values of performance, agility and ease-of-use to higher-end, virtualized storage deployments."

Apple in talks to acquire Handseeing

In what may be the first major acquisition of the iPhone maker in the country, Apple Inc (AAPL.O) is in discussions to buy Chinese Internet game developer Handseeing Information Technology.

Nokia sells wireless modem business to Renesas Electronics

Hindered by stiff competition from the Chinese counterparts, Nokia on Tuesday announced the sale of wireless modem business to Renesas Electronics.

Amazon to acquire daily deal site Woot.com

Amazon.com Inc announced Wednesday that it had agreed to acquire the online store Woot.com.

Arrow Electronics completes acquisition of Converge

Arrow Electronics, Inc. announced Tuesday that it has completed the acquisition of Converge, a leading provider of reverse logistics services.

Arrow Electronics, a global provider of electronic parts and computer products, said that the takeover is expected to be accretive to earnings by $.05 to $.10 per share annually.

The terms of the deal, which was announced in April, have yet not been divulged.