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Sign shown at headquarters for Intel Corp in Santa Clara

Intel buys Philips Electronics spin-out

Intel Corp. has acquired New Venture Partners' portfolio company, Silicon Hive, a spin-out from Philips Electronics (Philips). Financial details of the transaction were not disclosed.
Warren Buffett is pictured in the audience at the 2010 Fortune Most Powerful Women Summit in Washington

Pre-market M&A Deals on March 14 (BRK.A, LZ, LLY, JNJ, AMSC, INTC, ETN)

Warren Buffett's Berkshire Hathaway said it has agreed to acquire additives maker Lubrizol for $135 a share in cash, or $9 billion, making it one of the largest acquisitions in its history. Eli Lilly and Co. announced that it has made an irrevocable, unconditional offer to acquire the animal health business of Belgium-based Janssen Pharmaceutica NV, a Johnson & Johnson Co.
Jen-Hsun Huang Nvidia self-driving platform

CEO Says NVIDIA Will Focus On Mobile, Parallel Processing

NVIDIA's chief executive officer, Jen-Hsun Huang, said the company will focus on making its signature graphics processors more energy efficient with parallel architectures, with its innovation targeting the mobile computing sector.
Galleon hedge fund founder Rajaratnam departs federal court in New York

Courtroom showdown in Galleon trading probe

A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.
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Apple takes wraps off new MacBook Pro lineup

Apple Inc released its new lineup of MacBook Pro notebook computers, featuring Intel's peppy new processors and graphics chips made by Advanced Micro Devices, helping boost the smaller chipmaker's stock more than 5 percent.
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

What HP Results Mean for Intel, Nvidia?

The weak top line results of HP and its tepid outlook clearly shows the weak demand for consumer PCs, partly due to the overwhelming demand for tablets that is eating into the sales of PCs.
Hewlett Packard's headquarters

HP Unveils New Business Laptops

Hewlett Packard (HP) launched new business laptops, offering precision-engineered durability features, enriched and sophisticated industrial design.

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