Chip manufacturer Broadcom has announced a deal to buy Brocade Communications, a major supplier of fiber channel storage area networking technology to data centers, for $5.5 billion in cash and the assumption of Brocade's $400 million debt. That represents a 47 percent premium over Brocade's closing share price last week, said Brocade CEO Lloyd Carney. The "architecture, algorithms, software [and...
In a bid to avoid the bitter battles that have raged around third-generation wireless technology, owners of the patents on which the fourth-generation LTE wireless technology is built have agreed to charge each other "reasonable" license fees. The Magnificent Seven are Nokia, the world's largest han...
A behemoth on the semiconductor scene just got a little bigger. Chip manufacturer LSI has acquired the hard disk drive business of Germany-based Infineon Technologies for an undisclosed amount. The buyout, announced Monday, came a little less than a year after the former LSI Logic had acquired Agere...
The chip-making industry appears to be entering a period of consolidation, with a series of deals announced Monday suggesting firms are seeking to expand their technology portfolios and reduce costs by merging with onetime rivals. The largest of the deals calls for LSI Logic to purchase rival storag...
Sun Microsystems on Monday announced the creation of an independent OpenSPARC Community Advisory Board. The board is chartered with setting the direction for the OpenSPARC community, which fosters the creation of tools and derivative chip designs based on Sun's UltraSPARC T1 processor. OpenSPARC now...
The Debian GNU distribution of the Linux operating system has taken a step closer to bringing the famous "non-commercial" software to a new commercial arena by garnering backing from industry mainstays VA Linux Systems, O'Reilly Associates and SGI, Inc.
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