Story

GE To Buy UK Oil Pipemaker Wellstream For $1.3 Billion

General Electric Co. reached a deal to buy Wellstream Holdings PLC by raising its bid for the British oil drilling pipemaker by 6% to $1.3 billion.

Story

Wal-Mart's Asda to Buy UK Rival Netto for $1.1B

Retailer Wal-Mart is buying Netto UK from its Danish owner for 778 million pounds ($1.1 billion) and will convert the stores to its Asda brand, cementing its position as Britain's No. 2 grocer.

Story

GE to Buy UK's Smiths Aerospace Unit

General Electric Co. has agreed to buy the aerospace business of Britain's Smiths Group Plc for $4.8 billion cash as it seeks to capitalize on a flood of new plane orders and robust U.S. military spending.

Story

Prudential Ends $35.5B Asian Takeover Bid

UK insurer Prudential has abandoned its plan to buy AIG's Asian life unit for $35.5 billion, leaving management under fire and the company facing a $659 million bill for failure.

Story

Best Buy 2Q Net Income Jumps 60% On Sales Rise

Best Buy Co.'s fiscal second-quarter net income rose 60% as shoppers bought cell phones, appliances and tablet computers.

Story

Hilton Buys Hotels From UK Namesake

Hilton Hotels Corp. on Thursday said it would buy its British namesake's hotels for $5.7 billion, in a deal to boost its international footprint to catch up with larger U.S. rivals.

Story

Intel to Buy McAfee for $7.68B

Intel Corp. said it would buy security software maker McAfee Inc. for $7.7 billion to capitalize on rising demand from consumers for better protection of their laptops, smartphones and tablets.

Story

Allergan Picks Up NJ Manufacturer

Allergan plc paid $2.9 billion to buy New Jersey-based LifeCell Corp., which develops aesthetic and regenerative medicine used in plastic surgery, in a deal expected to close in the first quarter.

Story

Skyworks to Buy Avnera for $405M

Skyworks Solutions Inc. has agreed to buy analog chip systems maker Avnera Corp. for $405 million in cash.

Tease photo
Story

Kofax Poised to Sever UK Listing, Go Nasdaq-Only

Ready to Exit London Exchange for Nasdaq

The directors of Irvine-based business software maker Kofax Ltd. are scheduled to vote this week on a proposal to delist its shares from the London Stock Exchange.

Story

Broadcom Up on Analyst Comments

Shares of Irvine-based Broadcom Corp. opened higher after an analyst said it's a good time to buy the stock as the chipmaker makes gains in smartphones and other areas.

Story

Irvine Chipmaker Sold for $275M

Inphi Corp. in Santa Clara agreed to buy ClariPhy Communications, Inc. in Irvine for $275 million plus debt.

Tease photo
Story

Western Digital in Another SSD Buy

Western Digital Corp. has acquired a Massachusetts start-up that specializes in optimization software for solid state drives.

Tease photo
Story

Alphaeon Buys Canadian Company

Newport Beach-based Alphaeon Corp. said today that it is buying Clarion Medical Technologies Inc., a Canadian aesthetic medicine company.

Tease photo
Story

Merck to Buy Biotech Firm for $1.1B

Pharmaceutical company Merck & Co. said Monday it agreed to pay an eye-popping $1.1 billion to buy Sirna Therapeutics Inc., a tiny biotechnology firm developing drugs based on new technology at the heart of last month's Nobel Prize for medicine award.

Story

Vizio Doubles Down on Tablets With 2 New Versions

Test With 1st Model Limited But Profitable, CTO Says

Vizio doubles down on tablets with two new versions, in Technology

Tease photo
Story

Broadcom Beats Q1 Profit Target, Revenue in Line with Estimates

Irvine-based chipmaker Broadcom Corp. on Tuesday reported first quarter revenue in line with estimates and an adjusted profit that beat Wall Street expectations.

Story

NEXT

Tablets Pass PCs in Buying Cycle; Cloud Could Carry New Round

Memory products maker Kingston Technology Co. wasted little time trimming its sails after racking up a record $6.5 billion in revenue last year, a 59% increase.

Tease photo
Story

Allergan in $2.9B Aesthetics Buy

Allergan plc bought LifeCell Corp., which develops aesthetic and regenerative medicine used in plastic surgery, for $2.9 billion, in a deal expected to close in the first quarter.

Tease photo
Story

Allied Universal Hires Investment Bankers in UK

May jump into bidding war for security giant G4S

Tease photo

Previous