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.
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.
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.
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.
Best Buy Co.'s fiscal second-quarter net income rose 60% as shoppers bought cell phones, appliances and tablet computers.
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.
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.
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.
Skyworks Solutions Inc. has agreed to buy analog chip systems maker Avnera Corp. for $405 million in cash.
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.
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.
Inphi Corp. in Santa Clara agreed to buy ClariPhy Communications, Inc. in Irvine for $275 million plus debt.
Western Digital Corp. has acquired a Massachusetts start-up that specializes in optimization software for solid state drives.
Newport Beach-based Alphaeon Corp. said today that it is buying Clarion Medical Technologies Inc., a Canadian aesthetic medicine company.
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.
Test With 1st Model Limited But Profitable, CTO Says
Vizio doubles down on tablets with two new versions, in Technology
Irvine-based chipmaker Broadcom Corp. on Tuesday reported first quarter revenue in line with estimates and an adjusted profit that beat Wall Street expectations.
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.
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.