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Tag: million
Program offers $13.5 million for start-up funding
2015-03-18 15:35:28| Canadian Plastics Headlines
Canadas federal government has earmarked $13.5 million in funding to help entrepreneurs and start-up technology firms access resources and expertise to develop their business plan, seek follow-on financing and cultivate new international markets for products and services. The funding will… The post Program offers $13.5 million for start-up funding appeared first on Canadian Plastics.
Tags: program
offers
million
funding
Microsemi to buy Vitesse Semiconductor for USD 389 million
2015-03-18 13:34:00| Telecompaper Headlines
(Telecompaper) Microsemi is acquiring Vitesse Semiconductor for USD 389 million to expand in the communications market. The two chipmakers reached a definitive agreement on the offer of USD 5.28 cash for each Vitesse share, a 32 percent on the average closing price during the 30 days prior to the announcement. Based in California, Vitesse designs high-performance semiconductors, application software, and integrated turnkey systems for carrier, enterprise and Internet of Things networks. Vitesse said that Microsemi should be able to leverage its Ethernet technology and help Vitesse scale its industrial IoT strategy. Microsemi said it expects "significant" synergies from the takeover, and Vitesse should add 16-20 cents a share in annual earnings the first year of the takeover. The company expects to complete the takeover by the end of June.
Tags: buy
million
usd
semiconductor
Vodafone suing O2 Czech Republic for 10 million pounds
2015-03-18 12:07:26| Telecom - Topix.net
Vodafone's Czech unit is seeking damages of 385 million crowns from telecoms company O2 Czech Republic for what it says is the company's abuse of a dominant position in the fixed broadband market, the company said on Tuesday. Vodafone said it was forced to pay high costs for wholesale access to DSL broadband, preventing it from offering prices that could compete with O2 Czech Republic.
Tags: million
republic
czech
czech republic
KKR, Baidu, Coatue to invest $170 million in China online used-car platform
2015-03-18 07:23:45| Auto Dealers - Topix.net
Private equity firm KKR & Co LP, search engine Baidu Inc and hedge fund Coatue said on Wednesday they will jointly invest $170 million in Chinese online used-car auction firm Uxin, aiming for a piece of the booming used-car market. Uxin will use the funds to expand a newly launched platform where auto retailers sell used cars to individuals, the companies said in a joint statement.
Tags: online
china
million
platform
Embedded Beat: BBCs Make It DigitalOne million free "Micro Bit" programmable devices for students
2015-03-18 07:00:00| Freescale Press Releases
Embedded Beat: BBCs Make It DigitalOne million free "Micro Bit" programmable devices for studentsFor more information click on title.
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