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Spotify reference price set at USD 132 per share

2018-04-03 11:13:00| Telecompaper Headlines

(Telecompaper) The reference price is not an offering price for the shares, nor is it the opening public price. The latter will be determined by buy and sell orders collected by the NYSE from broker-dealers. The opening price will be based on those orders but the reference price will play a part in eventual pricing and while building the order book.

Tags: price set share reference

 

Plantronics to acquire Polycom for USD 2 billion

2018-03-28 15:45:00| Telecompaper Headlines

(Telecompaper) Plantronics has agreed to acquire Polycom for USD 2 billion, the same price the company was sold to private equity firm Siris Capital two years ago. The deal sees Plantronics expand its product portfolio into the video conferencing and collaboration market. 

Tags: usd billion acquire plantronics

 
 

Foxconn expands in CE market with acquisition of Belkin for USD 866 mln

2018-03-27 08:36:00| Telecompaper Headlines

(Telecompaper) Foxconn Interconnect Technology (FIT) has agreed to acquire Belkin International for USD 866 million in cash. The takeover will see the cable-making company expand into the consumer electronics market with brands such as Belkin, Linksys, Wemo and Phyn. 

Tags: market usd acquisition expands

 

Lumentum to acquire Oclaro for USD 1.8 billion

2018-03-13 18:37:00| Telecompaper Headlines

(Telecompaper) Lumentum has agreed to buy Oclaro for USD 1.8 billion in order to expand in the fibre-optic components market. The offer of USD 9.99 per share is a 40 percent premium to Oclaro's average share price in the past month. 

Tags: usd billion acquire oclaro

 

Broadcom pledges USD 1.5 bln investment to support leading US role in 5G

2018-03-07 14:42:00| Telecompaper Headlines

(Telecompaper) Broadcom has started a new offensive in its effort to take over Qualcomm, promising to invest USD 1.5 billion to train engineers in the US and make the country a leader in 5G technology. This follows news that the US government is investigating the company's proposed takeover for national security concerns. 

Tags: support role leading investment

 

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