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Stock Market & Financial Investment News

News Breaks
February 13, 2013
09:09 EDTSTSensata Technologies 15M share Spot Secondary priced at $33.45
Morgan Stanley acted as sole book running manager for the offering.
News For ST From The Last 14 Days
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September 16, 2014
05:41 EDTSTSTMicroelectronics to sell certain products to MegaChips
MegaChips Technology America announced that following the signature of an agreement with STMicroelectronics (STM, ST) and final closing on September 2, it has acquired 9 smart connectivity products based on DisplayPort technology that ST decided to discontinue last year, along with its related assets, business and products in development. During the transition, ST and MegaChips ensured continuity of products and services to customers. A number of employees engaged in product development and marketing in relation to the acquired business from ST, joined MegaChips America. This group included Mr. Alan Kobayashi, currently the chair of VESA, who joined MegaChips America as a Fellow and Product Development Manager.

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