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Marvell confirms Cavium takeover for USD 6 billion

Published Monday 20 Nov 2017 | 13:18 CET
Marvell Technology has confirmed an agreement to acquire Cavium for USD 6 billion, in a bid to relaunch the company in the networking market. If approved, Cavium shareholders will own around 25 percent of the combined group, which will have around USD 3.4 billion in annual sales. ...

Marvell confirms Cavium takeover for USD 6 billion

Published Monday 20 Nov 2017 | 13:18 CET Marvell Technology has confirmed an agreement to acquire Cavium for USD 6 billion, in a bid to relaunch the company in the networking market. If approved, Cavium shareholders will own around 25 percent of the combined group, which will have around USD 3.4 billion in annual sales. ...

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Norwegian payment systems Vipps, BankAxept and BankID plan to merge

Published 20 Nov 2017 12:33 CET | Norway
Norway's banks have signed a declaration of intent to merge the payment systems Vipps, BankAxept and BankID Norge, according to a ...

Deutsche Telekom hires Justin Bieber to front new StreamOn campaign

Published 20 Nov 2017 11:19 CET | Germany
Deutsche Telekom has hired pop star Justin Bieber for a new marketing campaign to promote its StreamOn option. The campaign ...

Germany bans sale of children's smartwatches, citing privacy concerns

Published 20 Nov 2017 11:08 CET | Germany
Germany's Federal Network Agency, its national telecommunications regulator, has banned the sale of smartwatches for children ...

Altice seeks to reassure investors, plans disposal of non-core assets

Published 20 Nov 2017 10:53 CET | World
Altice issued a statement saying that it has no plans for equity-linked cash raising, in response to recent market speculation. ...

Apple delays launch of HomePod speaker to early 2018

Published 20 Nov 2017 08:56 CET | World
Apple has delayed the launch of its new HomePod smart speaker until early 2018. When first announced in June, the speaker was ...
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