MaxLinear To Acquire Silicon Motion For $3.8 Bln In Cash And Stock

California-headquartered MaxLinear, Inc. (MXL) and Taiwan-based Silicon Motion (SIMO), on Thursday announced that they have entered into a definitive agreement under which MaxLinear would acquire Silicon Motion in a cash and stock transaction that values Silicon Motion at $3.8 billion and the combined company at $8 billion. MaxLinear is a […]

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Don’t rush into buying a policy

Before signing on the dotted line, know what your plan gives you. Erroneous buying of insurance policies — whether you are misled by the seller or managed it on your very own by being less than diligent —leads to hardship. You have paid for some perceived protection and find it […]

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Aluminium sector says coal stocks critically low

Industry seeks 25-30 rakes a day With coal stocks running ‘critically low’, the aluminium industry has sought urgent government intervention to address the precarious situation and earmark at least 25-30 coal rakes per day for sustainable industry operations. In a letter dated January 28 to Coal Secretary Anil Kumar Jain, […]

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UBS Group To Buy Wealthfront For $1.4 Bln

UBS Group AG (UBS) on Wednesday said it has agreed to buy Wealthfront, an automated wealth management provider, in an all-cash transaction valued at $1.4 billion. UBS said this deal will accelerate its growth ambitions in the US, broaden the firm’s reach among affluent investors and expand its distribution and […]

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