Microchip Technology (MCHP) has won an eight-year battle to buy chipmaker Atmel (ATML), ousting British Apple (AAPL) supplier Dialog Semiconductor with a $3.5 billion “superior proposal.” Dialog said Thursday that it wouldn’t up its $4.6 billion offer for San Jose, Calif.-based Atmel. In September, Dialog bid $10.42 per share — equating to $4.65 in cash and 0.112 of a Dialog American depositary receipt for each share of Atmel owned. Under
Years before there was an Apple (AAPL) App Store, there was the App Store name, a natural for a cloud software company like Salesforce.com (CRM), but even better for a company named Apple. So Salesforce CEO Marc Benioff gave the name to Apple CEO Steve Jobs and instead opened Salesforce’s “AppExchange” in 2006, 10 years ago this week. In 2007, Jobs launched the iPhone and Benioff’s Salesforce Labs launched its 100th free business application, but
The triple-A booster shot — Apple (AAPL), autos and Amazon (AMZN) — that has fueled U.S. retail sales is losing some of its gravity-defying magic. Just ask Best Buy (BBY), which on Thursday said disappointing sales of the Apple iPhone 6S, due to the lack of “a newness factor,” were in no small part to blame for the electronics retailer’s poor holiday results. Best Buy stock dived 9.7% on Thursday. This more down-to-earth reality is expected to be