DQI Bureau
New Update

NXP to Buy BMP Business

NXP Semiconductors, the independent semiconductor company founded by Philips,
has announced that it would acquire the broadband media processing (BMP)

business of Conexant Systems. With this transaction, NXPs existing set-top box

and digital TV operations will be combined with Conexants BMP business. The

deal represents NXPs fourth acquisition since independence and the first for

its home business unit.


Freescale Buys SigmaTel

Freescale Semiconductor, a privately held global leader in the design and
manufacture of embedded semiconductors, has completed the acquisition of

SigmaTel, paying $3 per outstanding share of SigmaTel stock representing

approximately $110 mn in cash.

IBM Completes Offer

IBM has announced the completion of its approximately $845 mn tender offer

for the shares of Telelogic AB. The tender offer, announced on June 11, 2007,

was finalized after IBM obtained acceptance from 98.7% of stock ownership in

Telelogic as well as satisfaction of other conditions of the offer, including

the necessary worldwide regulatory approvals.

HCL Info Buys NTPL

HCL Infosystems, an ICT system integrator and distribution company, has
announced the acquisition of Natural Technologies (NTPL), a niche banking

software company. With three decades of providing ICT infrastructure solutions

and services to the BFSI sector across the country, the acquisition of niche

products from NTPL will further consolidate HCLs leadership position in this


NTPL, with over ten years of developing software products for the Indian

banking sector, has over thirty clients from PSUs, the private sector, the

cooperative sector, and the regional rural sector banks.