Two major storage companies could soon combine forces: Western Digital has announced plans to buy SanDisk in a deal valued at $19 billion. Western Digital is probably best known for producing hard drives, while SanDisk is a major player in the flash storage space. Western Digital says the acquisition will help the company expand its product lineup […]
merger
Dell to acquire data storage company EMC for $67 billion
Dell may be best known as a business that makes PCs for home and business use. But the company also has a strong server business, and now Dell is making a big play for the enterprise market. Dell has announced plans to acquire EMC Corporation in a deal worth $67 billion. EMC is best known… well, […]
Intel to acquire chip maker Altera for $16.7 billion
Semiconductor companies must be in season. A few days after chip maker Avago announced plans to acquire Broadcom for $37 billion, Intel has announced a deal to acquire chip maker Altera for $16.7 billion. Both of these deals come just a few months after NXP bought Freescale. Update: Intel’s acquisition of Altera was finalized on December […]
Charter plans to merge with Time Warner Cable
Time Warner and Comcast may not be merging anytime soon, but that doesn’t mean Time Warner isn’t looking for another way to grow: Charter Communications has just announced a plan to merge with Time Warner in a deal that would create a new company that would be the nation’s second-largest cable provider (behind Comcast). While […]
Chip maker NXP buys Freescale
NXP Seminconductors is buying Freescale Semincoductor in a deal that the company says will create a $40 billion company once the merger is complete. NXP is best known for producing chips used in the automotive industry, but the company also produces NFC chips used in devices like the iPhone 6. Freescale’s processors are used in […]
Nokia to become a Microsoft company in April
Microsoft’s acquisition of smartphone maker Nokia is set to become final in April, 2014. That’s a little later than the Q1, 2014 estimate the companies proposed when Microsoft agreed to acquire Nokia for over $7 billion last year. But what’s a month or so between multi-billion dollar companies? In a statement, Microsoft says that the […]
T-Mobile, MetroPCS announce merger plans
US wireless carriers T-Mobile and MetroPCS have announced plans to merge in an effort to increase their  network coverage and combine resources to roll out 4G LTE service. The deal would involve MetroPCS (the smaller of the companies) actually buying T-Mobile and then giving a controlling stake to Deutsche Telekom, the German carrier that currently […]