Is that a typo?
"...with the US$113 helping it to recover..."
US$113? Sounds a good deal to me ... that's assuming the buyer didn't take on $500m in debt too ...
While you relaxed over the weekend, financiers and execs were busy doing deals, or hosing them down. The bigger of the two is Marvell Technologies rumoured acquisition of Cavium, which financial press reported has a US$6bn price tag. Marvell is a chipmaker in its own right and provides the innards for many-an-unglamorous- …
Cavium isn’t the only ARM server processor vendor to change hands recently. APM, who made the X-Gene, were bought by MACOM at the start of the year. They have now spun out the X-Gene part of the business; it’s now owned mostly by Carlyle Group, an investment company.
I’ve no idea if this is good or bad - nor whether Marvell+Cavium is good or bad. Anyone have any deeper analysis or what it all means?