Renesas Mobile Launches

TOKYO — Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that Renesas Mobile Corporation, which engages in SoC business mainly for mobile devices and car navigation systems, started operation on December 1, 2010. Renesas Electronics also announced that it has completed the purchase of the wireless modem business of Nokia…

Motorola to Complete Separation on Jan. 4

SCHAUMBURG, Ill. — Motorola, Inc. (NYSE: MOT) today announced that its board of directors has approved the separation of Motorola Mobility Holdings, Inc. (“Motorola Mobility”) from Motorola, Inc. through a tax-free dividend involving the distribution of all Motorola Mobility common stock held by Motorola to Motorola stockholders and has also approved a reverse stock split…

Broadcom to Acquire Gigle Networks

IRVINE, Calif. — Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Gigle Networks Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for home networking over power lines. When combined with Broadcom's world-class portfolio of wired and wireless…

PMC-Sierra Completes Acquisition of Wintegra

SANTA CLARA, Calif.– PMC-Sierra, Inc. (Nasdaq:PMCS), the premier Internet infrastructure semiconductor solution provider, today announced it has completed the acquisition of Wintegra, Inc., a leading provider of highly integrated network processors optimized for mobile backhaul equipment. In accordance with the terms of the transaction announced on October 21, 2010, PMC-Sierra paid approximately $240 million in…