ARM shares tumble on deal for chip firm
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LONDON ARM Holdings, a British semiconductor designer, said on Monday that it would buy Artisan Components for $913 million to broaden its product range.
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Japan's Nikkei stock average fell to a one-week low by midsession on Thursday after some tech issues were hit by a bearish outlook from U.S. chip maker Xilinx Inc.
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Shares of Applied Digital Solutions and its publicly traded subsidiary, VeriChip, fell as investors reacted to a report over the weekend linking the tiny radio device to cancer.
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Shares of Applied Digital Solutions and its publicly traded subsidiary, VeriChip, fell as investors reacted to a report this weekend linking the tiny radio device to cancer.
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Asian stocks fell in US trading after Xilinx Inc. and Altera Corp., the largest makers of programmable computer chips, cut their sales forecasts.
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Apple Computer Inc. (AAPL.O: Quote, Profile, Research) shares fell 4 percent after a Needham &amp; Co. analyst lowered his investment rating on the stock to &quot;hold,&quot; saying
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Retailer's stock sinks after investors agree to sell their shares at a lower-than-expected price.
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Advanced Micro Devices on Thursday reported a heavy loss for its fourth quarter, due mostly to charges connected to its acquisition of graphics chip maker ATI.
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In a deal worth about $913 million, ARM Holdings plc today announced it would acquire Artisan Components Inc. to create one of the broadest suppliers of semiconductor intellectual property in the industry.
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Microprocessor designer Arm Holdings buys US tech firm Artisan for about $913m in a deal which the UK firms says will boost its product range.
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Advanced Micro Devices reported a heavy loss for its fourth quarter, due mostly to charges connected to its acquisition of graphics chip maker ATI.
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ARM Holdings, the microchip designer, unveiled its biggest acquisition so far when it agreed yesterday to buy the American company Artisan for $913m (Â£504m).
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Advanced Micro Devices Inc. warned Monday that it was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion, the latest in a series of disappointments for investors in the struggling chip-maker. The company's stock fell to a new 52-week low on the news.
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The chipmaker gets another downgrade on Friday.
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ARM Holdings, the British semi-conductor design company, said it has agreed to buy US technology group Artisan Components Inc. for 913 million dollars (743 million euros) in a cash and stock deal.
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Shares of Ariba Inc. plunged Tuesday after the software maker reported unexpectedly weak results for the latest quarter.
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Shares in insurance company AXA Asia Pacific have tumbled after a takeover offer from its French parent company was rejected by the Australian directors.