New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
October 30, 2014
07:11 EDTCAVMCavium price target raised to $65 from $53 at Oppenheimer
Subscribe for More Information
October 29, 2014
18:59 EDTCAVMOn The Fly: After Hours Movers
Subscribe for More Information
16:20 EDTCAVMCavium reports Q3 EPS 40c, consensus 39c
Subscribe for More Information
October 22, 2014
10:03 EDTCAVMThe Linley Group to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use