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 Monday, March 8, 2010 Silicon Storage Technology Offer From Microchip Upped The offer for Sunnyvale-based Silicon Storage Technology has been upped to $3.05 per share, according to prospective buyer Microchip Technology Incorporated today. Microchip said it upped the current offer for the firm to $3.05 per share in cash, comapred with its prior raised offer of $3.00 per share. The firms said the increased offer came due to a competing bid from an un-named buyer. MicroChip also said it has acquired shares from Microchip giving it 19.9 percent of its current (More info...) posted on Monday, March 8, 2010(Full story) Tilera Gets Investment From Broadcom San Jose-based Tilera, a developer of RISC-based high performance multicore processors, announced today that it has received a strategic investment from Broadcom. Size of the investment was not announced. Nariman Yousefi, senior vice president of Infrastructure Technologies at Broadcom, joins Tilera's board as part of the funding. posted on Monday, March 8, 2010 (More)(Full story) eXo Snags $6M More San Francisco-based eXo, a developer of Java middleware for cloud computing, announced today that it has raised $6M in funding. The round came from Auriga Partners and XAnge Capital. The firm said that as part of the acquisition, it has named Bob Bickel as its Chairman, added Auriga Partners Philippe Granger to its board, and also appointed Xange Capital's Nicholas Rose as a board director. Bkcle has previously served at Bluestone Software and JBoss, and on the boards of Hyperic and Sprin (More info...) posted on Monday, March 8, 2010 (More)(Full story) |
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