Author: Vitaliy Dadalyan

Microchip to buy Microsemi for about $8.35 billion

The deal comes amid a new wave of consolidation in the semiconductor industry that included Singapore-based chipmaker Broadcom Ltd (AVGO.O) unveiling a $117 billion bid to acquire U.S. rival Qualcomm Inc (QCOM.O). Aliso Viejo, California-based Microsemi supplies high-performance analog and mixed signal integrated circuits and semiconductors to the aerospace and defense, communications, data center and industrial sectors. Microsemi, which has grown in the last few years through a wave of acquisitions, has said it wants to expand further in aerospace and defense.


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California cops are using a decoy bus to catch whoever keeps shooting at Apple and Google employee shuttles (APPL, GOOG, GOOGL)

The California Highway Patrol is using decoy buses and undercover officers to catch the shooter. The California Highway Patrol has resorted to using decoy buses to catch the culprit behind a string of BB gun shootings at charter buses carrying Apple and Google employees. CHP officer John Fransen told Business Insider the department will be using decoy buses to draw fire from the shooter. Since January, there have at least been 20 shootings at charter buses in the Bay Area, including five used by Apple and Google employees who commute. The FBI is also helping with the case, Fransen said.


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