CGI talks to acquire several U.S. companies

Article Abstract:

Computer services company CGI Group Inc has acquired DRT Systems International from Deloitte Consulting for around $40 million to $70 million. The compaby is also negotiating to acquire more US-based companies to boost its market share in North America. Among its potential targets are the computer services arms of merger partners SBC Communications Inc and Ameritech Corp.

author: Tuck, Simon
Foreign operations, Computer Services, Computer Systems Design and Related Services, Information technology services, DRT Systems International, Deloitte Consulting, CGI Group

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California company gobbles up Philsar

Article Abstract:

Ottawa, Ont.-based Philsar Semiconductor Inc. has been acquired by Newport Beach, Calif.-based Conexant Systems Inc. for as much as $186 million in stock. Conexant, which is a semiconductor maker, will make Philsar a wholly-owned subsidiary.

author: Tuck, Simon
Mergers, acquisitions and divestments, Conexant Systems Inc., Philsar Semiconductor Inc.

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Global conductor sales fall in May

Article Abstract:

The Semiconductor Industry Association reports that semiconductor sales have fallen one fifth since last year.

author: Tuck, Simon
Sales, profits & dividends, Finance, Brief Article, Semiconductor Industry Association

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subjects list: United States, Canada, Semiconductor industry, Semiconductor devices
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