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Acquisition

Huawei officially sells its HONOR phone business to Shenzen Zhixinm New Information Technology

Huawei, one of the most popular smartphone brands, has officially confirmed that it is selling its budget-focused subbrand HONOR to Shenzen Zhixinm New Information Technology Co Ltd., a company set up...

AMD to acquire FPGA maker Xilinx for $35 Billion

With just a few hours away from the unveiling of the next-generation Radeon graphics cards, AMD has announced that it will be acquiring FPGA manufacturer Xilinx. The latest transaction by AMD to purch...

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