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AMD finalizes foundry spinoff deal
News It will spin off its semiconductor manufacturing operations into a joint company with Abu Dhabi investment firm.
Tags: Processors, Outsourcing, Intel Corp., Advanced Micro Devices Inc., Manufacturing, Semiconductor, Chip Company, Taiwan Semiconductor Manufacturing Co. Ltd., Semiconductor Manufacturing, manufacturing asset
ST Telemedia sells Indosat stake
News Temasek Holdings-unit has announced it will sell its 41 percent stake in Indonesian operator, PT Indosat to Qatar Telecom for US$1.8 billion.
Tags: Acquisitions, Antitrust, Stake, SingTel, Indonesia, Qatar, investment company, telecommunications company, commission, U.S. Supreme Court
AMD confirms manufacturing spinoff
News Chipmaker says it will focus its investment on plants in New York and Germany, as it gets backing from the United Arab Emirates.
Tags: Processors, Investments, Advanced Micro Devices Inc., Investment, Manufacturing, layoff, Abu Dhabi, New York, Germany, Burlington
Facebook names a CFO, at last
News David Ebersman, former chief financial officer of Genentech, takes over CFO role in September replacing Gideon Yu, who left this spring.
Tags: Domain names, Personnel management, CFO, venture capital, Gideon Yu, Mark Zuckerberg, Facebook, CEO, financial, finance
AMD extends deadline for Abu Dhabi spin-off vote
News After failing to get a quorum, Advanced Micro Devices extends the deadline to next week for shareholders to vote on the proposed spin-off of its manufacturing business.
Tags: Mobile processors, Processors, Advanced Micro Devices Inc., Manufacturing, Chip Company, Abu Dhabi, Wall Street, U.A.E., revenue, shareholder
Big Blue sees sunny forecast
News IBM released preliminary earnings Wednesday, saying earnings per share and net income for the third quarter were up about 20 percent over the previous year.
Tags: Earning reports/forecasts, IBM Corp., earnings per share, Environment, performance, chairman, net income, revenue, blog, analyst
Tech transfer group enlists new members
News update Singapore-founded Technology Transfer Network adds four global companies as members; launches initiative to facilitate angel networking.
Tags: Knowledge management strategies, R&D, Angel Network, Member, Singapore, network, marketing, U.S., strategy, leadership
Tech M&A spending takes steep hit in third quarter
News Tech mergers and acquisitions fell by a third in the September quarter, fueled by credit tightening and havoc on Wall Street, according to a report by The 451 Group.
Tags: Mergers, Acquisitions, Quarter, Google Inc., M&A, technology company, financial, financial analyst, bank, valuation
Apple and Intel increase their Imagination stakes
News Apple almost triples its stake in the Imagination Technologies, which provides graphics technology for the iPhone.
Tags: Investments, Best strategies, Apple Inc., Intel Corp., Graphics, handheld computing, handheld, Apple iPhone, Nokia Corp., investment company
New funding source for Malaysian startups
News Worth US$1.4 million, the Technopreneur Venture Management is aimed at fixing gap between pre-seed and seed funding, says its administrators.
Tags: Funding, Angel investing, Investments, Information And Communication Technology, Malaysia, venture capital, fund company, mIRC, Kuala Lumpur, venture-capital fund
HR issues to affect Philippine BPO
News While country's robust outsourcing market will remain unaffected by financial crisis, it will have to deal with talent crunch and employee demand for higher pay.
Tags: IT outsourcing, Outsourcing, Offshoring, Employee communications, Philippines, J.P. Morgan Chase & Co., Compensation, Washington Mutual Inc., Business Process, BPO
How Wall Street's mess will hurt high tech
News news analysis Consolidation and financial uncertainty at the nation's largest securities firms will close some doors to tech companies aiming to go public, slow the process for M&A deals, and add more worry lines to tech investing.
Tags: Venture capital, Mergers, Acquisitions, Legal, Financial, Bank Of America Corp., Security, Google Inc., M&A, IPO
AMD to split into two
News Chipmaker is expected to unveil plans to spin off its manufacturing operations into a joint venture, under a multi-billion dollar investment fund from Abu Dhabi, reports say.
Tags: Processors, Investments, Advanced Micro Devices Inc., Manufacturing, Chip Company, Taiwan Semiconductor Manufacturing Co. Ltd., Abu Dhabi, processor, research company, Germany
S'pore chip foundry sold to Abu Dhabi
News Advanced Technology Investment Company will pay US$1.8 billion in cash for Singapore's Chartered Semiconductor Manufacturing, reports say.
Tags: Mobile processors, Processors, Acquisitions, Mergers, Chartered Semiconductor, Microsoft Xbox, Abu Dhabi, United Microelectronics Corp., Chartered Semiconductor Manufacturing Ltd., Fitch Ratings
Chartered merger 'huge step' for Globalfoundries
News Proposed buyout of Singapore semiconductor player by key owner of Globalfoundries helps address "glaring weaknesses", says analyst.
Tags: Processors, Mobile processors, Advanced Micro Devices Inc., iSuppli Corp., Manufacturing, Taiwan Semiconductor Manufacturing Co. Ltd., Globalfoundries, shareholder, alliance, merger
