The all-cash deal was announced by a Yageo executive at a news conference, the news agency said.
Viasat, Honeywell Aerospace expand in-flight internet to more business aircraft.
The technology being developed would offer faster connectivity for a "fraction of the cost" of fiber, the companies said.
PHARMA: Co. Transforms After Weight-Loss Flop
Arena Pharmaceuticals’ weight-loss drug flopped a few years ago, signaling a bleak future. That is, if you ignored Arena’s shelved compounds.
Doug Jackson moves into the top post. Company co-founders Jeff Goldberg and Tanner Haigwood continue to serve on the board of directors as stewards of the company.
While commiserating with Qualcomm workers left jobless in the wake of the company’s decision to cut roughly 9 percent of its local headcount, the region’s tech community is also eyeing the tech giant’s talented castoffs as a potential source of fuel for local innovation.
As trade talks continue, it's unclear whether regulators in China have resumed reviewing Qualcomm's proposed acquisition of NXP Semiconductors.
Looming layoffs of 1,231 workers from Qualcomm’s San Diego operations are leading the company to vacate or sublease about 222,000 square feet of space in five buildings over the next several months in a move likely to shake up the commercial real estate market around the chipmakers’ Sorrento Mesa headquarters.
Votes cast by attendees at the MetroConnect Grand Prize PitchFest on June 7 will determine which company is awarded the money.
The private company based in Oceanside and Galway, Ireland, provides solutions to resolve severe and chronic wounds worldwide.
PHARMA: Partnerships and Promising Pipeline Boost Co.
When Stanley Crooke formed Ionis Pharmaceuticals in 1989, he saw the venture as a longshot. He told investors as much.
Stock repurchases, which limit the supply of shares, are a way to lift stock prices.
Cohu, Inc. (NASDAQ:COHU), based in Poway will pay $796 million to acquire the Massachusetts-based Xcerra Corp.
The new hires have assumed key positions in two of Maravai LifeSciences operating businesses: TriLink BioTechnologies and Cygnus Technologies.