Broadcom this morning announced an unsolicited $9.25 a share cash offer to acquire Emulex. The deal has a total value of $764 million. The offer is 40 percent above yesterday’s closing price for ELX at $6.61.
Nortel Networks, the once multibillion dollar telecom vendor now trading as a micro cap, may be considering offers of as much as $1 billion for its product portfolio of gear that lets phone companies string Ethernet networking to homes and businesses.
So here I am. In a hotel room in New York. The writing desk and its view of xth Avenue are all but obscured by: 7 x Mini USB cables. Two of them are the new Micro type that Blackberry has switched to for the Storm only, the rest are standard. 1 x Ethernet cable. Into wall-socket of hotel room. 8 bucks a day.
Having seen Apple’s MacBook Air notebook computer up close, I’m as dazzled as everyone else who’s had a chance to examine this delicious piece of industrial design. Dazzled doesn’t translate to handing over a credit card, however–at least not yet, and not solely because it’s almost never a good idea to buy Apple’s (or anyone else’s) hardware immediately after its initial release.
One of the universal truths of being a leader in the semiconductor industry is that you will be asked some variant of the question, “What do you think about the future of Moore’s Law?”
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