On Wednesday, Xilinx, Inc. (NASDAQ:XLNX)’s shares declined -2.21% to $42.65.
Xilinx, Inc. (XLNX) declared its partnership with China Mobile Research Institute (CMRI) for the development of the next generation fronthaul interface (NGFI) in an MOU signing ceremony during the China Mobile Research Institute hosted NGFI Workshop. With the advent of 5G wideband multi-antenna systems, Xilinx and CMRI are working together to research the key technologies and components of a new fronthaul interface for wireless networks, in conjunction with emerging technologies such as C-RAN, large-scale-antenna-system, and 3D MIMO.
In current wireless systems, the bandwidth of CPRI has raised rapidly and requires more and more fiber cables to be laid by the operators. This is costly and very challenging for the centralized baseband architecture, which is the trend for future wireless networks. The fronthaul link, between the baseband and radio units, is a critical subsystem for improvement. Xilinx All Programmable devices and design environments will serve as an important enabler for this interface and future wireless systems.
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.
Berkshire Hathaway Inc. (NYSE:BRK.B)’s shares dropped -1.13% to $136.88.
H.J. Heinz Co said that Warren Buffett’s Berkshire Hathaway Inc has become its majority shareholder by exercising a warrant ahead of the ketchup maker’s planned merger with Kraft Foods Group Inc .
In a regulatory filing, Heinz said Berkshire exercised a warrant to acquire about 46.2 million shares for nearly $462,000 this week.
Heinz said the shares represent about 5.4 percent of its outstanding common stock, and that their issuance gives Berkshire a 52.5 percent overall stake.
The warrant was issued in connection with Heinz’s $23 billion acquisition by Berkshire and Brazilian private equity firm 3G Capital in 2013.
Shareholders of Kraft are planned to vote on July 1 on the Heinz merger, which would create one of the world’s largest food and beverage companies.
Heinz owners would get a 51 percent stake in the combined company, which would be known as Kraft Heinz Co.
Berkshire would own about 27 percent of the combined company, but 3G would oversee day-to-day operations.
Kraft brands comprise its namesake cheese, Oscar Mayer cold cuts and Maxwell House coffee. The company has said it anticipates to close the merger a few business days after shareholder approval.
Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its auxiliaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska.
At the end of Wednesday’s trade, ARM Holdings plc (ADR) (NASDAQ:ARMH)‘s shares dipped -3.85% to $46.74.
ARM Holdings plc (ADR) (ARMH) has signed an expansive long-term graphics technology agreement with Samsung to enable the creation of next generation devices capable of delivering even more compelling visual experiences. The subscription license covers ARM® Mali™ graphics processing units (GPUs) counting the Mali-T820/830/860, the recently declared Mali-T880 and all future Mali GPUs.
This long term contract with ARM allows Samsung to continue creating innovative products addressing a range of price and performance points to meet the evolving needs of multiple markets. Samsung is already utilizing ARM Mali technology in SoCs powering an impressive range of leading consumer products.
ARM Holdings plc, together with its auxiliaries, designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products comprise microprocessor cores that comprise of specific functions, such as video, graphics, and display technology IP; and physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components.
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