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Stock Market & Financial Investment News

News Breaks
July 30, 2014
16:18 EDTCAVMCavium to acquire Xpliant for approximately $90M in cash, stock
Cavium announced a definitive agreement to acquire Xpliant. Xpliant is a provider of high performance, high density switch silicon targeting a broad range of switching applications for the data center, cloud, service provider and enterprise markets. The total acquisition cost is projected to be approximately $90M, which includes payments to stockholders, note holders and other liabilities and costs. Cavium was an investor in Xpliant having provided $15M of funding to Xpliant through June, which is included in that total cost estimate. The remaining $75M will be comprised of approximately $40M in cash and $35M in stock.
News For CAVM From The Last 14 Days
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October 22, 2014
10:03 EDTCAVMThe Linley Group to hold a conference
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October 15, 2014
10:02 EDTCAVMOn The Fly: Analyst Upgrade Summary
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06:01 EDTCAVMCavium upgraded to Outperform from Market Perform at JMP Securities
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October 14, 2014
08:55 EDTCAVMBarclays top ideas in U.S. Semiconductors on the pullback
Barclays' top U.S. Semiconductor ideas to buy on the pullback are Avago (AVGO), Cavium (CAVM), Spansion (CODE), NXP Semiconductors (NXPI) and Xilinx (XLNX).

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