Cisco Systems has acquired semiconductor company Leaba Semiconductor for $350-$400 million. Leaba was established in 2014 and operates in stealth mode.
According to Leaba’s website “Leaba is a fabless semiconductor company providing innovative solutions for significant infrastructure challenges. Leaba is backed by blue-chip investors and led by seasoned entrepreneurs
The leading nanoelectronics research center, imec, and digital research and incubation center, iMinds, today announced that its respective board of directors have approved the intention to merge the research centers. Using the imec name, the combined entities will create a world-class, high-tech research center for the digital economy. The transaction
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Semiconductor industry spending on research and development grew by just 0.5% in 2015, which was the smallest increase since the 2009 downturn year and significantly below the compound annual growth rate (CAGR) of 4.0% in R&D expenditures during the last 10 years, according to IC Insights’ new 2016 edition of The
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The top semiconductor buyers of 2015 where once again Apple and Samsung Electronics. According to Gartner, the leading information technology, marketing research and advisory firm in America, Apple and Samsung accounted for 17.7% of the market. Together the two consumed a total of 59 billion dollars of semiconductors for the
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According to sources, chipmaker Qualcomm is laying off today a few dozen of employees in the company’s development center in Israel. The layoffs are part of a worldwide cutback of 15% of its total work force that was announced by the company in July 2015 to help the company save
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The semiconductor industry was a bit puzzled last year when Amazon acquired Annapurna Labs (Israel) for $350 million; the analysts believed that Amazon is planning to use Annapurna’s chips in its own data centers. But now it turns out that Amazon is taking advantage of the deal to enter the
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