Author: Tech Support

    • Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 (Infineon …)

    Infineon Technologies: Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82  —  Business & Financial Press  — Infineon CEO Ploss: “Landmark step in Infineon’s strategic development. Infineon to acquire Cypress Semiconductor for .85 per share, valuing the company at

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    • NBC officially launches NBC News Now, a free streaming news service with 8 hours of programming every weekday, expects to have it running 24/7 by 2020 (Alex Johnson/NBC News)

    Alex Johnson / NBC News: NBC officially launches NBC News Now, a free streaming news service with 8 hours of programming every weekday, expects to have it running 24/7 by 2020  —  The service, which doesn’t require cable service authentication, is intended to go round-the-clock by next year. NBC officially launches NBC News Now, a

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    • TaniGroup, which operates a B2B platform for Indonesian farmers to sell their produce direct to 400 SMBs that cater to 10,000 consumers, raises $10M Series A (Jon Russell/TechCrunch)

    Jon Russell / TechCrunch: TaniGroup, which operates a B2B platform for Indonesian farmers to sell their produce direct to 400 SMBs that cater to 10,000 consumers, raises $10M Series A  —  In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help farmers in their native

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    • PE firms Francisco Partners and Israel Growth Partners to acquire LiveU, an Israel-based developer of live broadcasting and streaming tech, for $200M (Meir Orbach/CTech – 24/7)

    Meir Orbach / CTech – 24/7: PE firms Francisco Partners and Israel Growth Partners to acquire LiveU, an Israel-based developer of live broadcasting and streaming tech, for $200M  —  LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly … PE firms Francisco Partners

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    • Sources: Infineon nears deal to buy Cypress Semiconductor for $23-$24/share; the San Jose-based chipmaker had market cap of $6.5B and closed at $17.82 on Friday (Bloomberg)

    Bloomberg: Sources: Infineon nears deal to buy Cypress Semiconductor for $23-$24/share; the San Jose-based chipmaker had market cap of $6.5B and closed at $17.82 on Friday  —  – Transaction likely to value Cypress at $10 billion with debt  — German chipmaker could pay $23 to $24 per share for Cypress Sources: Infineon nears deal to

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    Hackaday Links: June 2, 2019

    The works of Shakespeare, Goethe, and Cervantes combined do not equal the genius of Rick And Morty. Actually, the word ‘genius’ is thrown around a bit too much these days. Rick and Morty has surpassed genius. This cartoon is sublime. It is beyond any art that could be created. Now, you might not have a high enough IQ

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    • Sitetracker, a project and physical asset management platform with clients like Alphabet and Verizon, raises $10M, extending the $24M Series B it raised in 2018 (Kyle Wiggers/VentureBeat)

    Kyle Wiggers / VentureBeat: Sitetracker, a project and physical asset management platform with clients like Alphabet and Verizon, raises $10M, extending the $24M Series B it raised in 2018  —  How does a telecom, retailer, or utility company keep tabs on multimonth projects spanning dozens or thousands of sites? Sitetracker, a project and physical asset

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    • True Balance, a wallet app used in India's tier-two and tier-three markets, which has raised a total of $42M, says it now has ~60M users and $100M in GMV sales (Manish Singh/TechCrunch)

    Manish Singh / TechCrunch: True Balance, a wallet app used in India’s tier-two and tier-three markets, which has raised a total of $42M, says it now has ~60M users and $100M in GMV sales  —  Away from the limelight of urban cities, where an increasingly growing number of firms are fighting for a piece …

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    • Volvo invests in VR startup Varjo, says its engineers are designing new interfaces by driving on test tracks using Varjo's new mixed-reality headset XR-1 (Scott Stein/CNET)

    Scott Stein / CNET: Volvo invests in VR startup Varjo, says its engineers are designing new interfaces by driving on test tracks using Varjo’s new mixed-reality headset XR-1  —  I see a car driving down a test track.  The dashboard is real.  But now it’s a glowing blue skeletal frame.  The dashboard has changed. Volvo

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