On Friday, NXP Semiconductors NV (NASDAQ:NXPI)’s shares inclined 1.76% to $88.41.
NXP Semiconductors N.V. (NXPI) declared participation in the following forthcoming event with the financial community.
- Deutsche Bank Technology Conference, Las Vegas NV, September 16, 2015
Interested parties can listen to a live audio webcast of the presentation portion of the events, as accessible on NXP’s website,
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide. It provides in-vehicle networking, car passive keyless entry and immobilization, and car radio and audio amplifiers; car solid state lighting drivers; communication products that are related to assisted and autonomous driving; ICs for e-government, transportation, and access administration; RF power amplifiers, small signal RF discretes, and RF ICs for mobile, consumer electronics, and cable television infrastructure; AC-DC power conversion ICs for notebook personal computers; low power audio ICs; and microcontrollers. The company also develops audio software solutions that enable mobile device manufacturers to produce hand held products.
Twenty-First Century Fox Inc (NASDAQ:FOX)’s shares dropped -0.44% to $26.90.
The National Geographic Society and 21st Century Fox declared that they have reached a contract to expand their highly successful 18-year partnership through which they have owned and operated the properties in National Geographic Channels, a joint venture of domestic and international cable television channels which together reach more than 500 million households globally.
The National Geographic Society is a 501(c)(3) non-profit organization focused on its mission of science, exploration and education. Consideration for the transaction is valued at $725 million. As a result, the Society’s endowment will significantly enhance to nearly $1 billion. The new entity will be owned 73 percent by 21st Century Fox and 27 percent by The National Geographic Society with a shared governance structure and equal representation on the board of directors. The Board Chair will alternate annually, with Gary Knell, National Geographic Society President and CEO, serving as the Board’s first Chairman.
The new expanded joint venture will operate as National Geographic Partners and will combine the National Geographic television channels with National Geographic’s other media and consumer-oriented assets, counting: National Geographic magazines; National Geographic Studios; related digital and social media platforms; books; maps; children’s media; and ancillary activities, counting travel, location-based entertainment, archival sales, catalog, licensing and ecommerce businesses. Combining these assets into one organization will create greater opportunities to pursue National Geographic’s mission of increasing knowledge through science, exploration and research.
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, entertainment, television, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, counting 11 duopolies in the United States.
At the end of Friday’s trade, International Business Machines Corp. (NYSE:IBM)‘s shares surged 0.76% to $147.31.
(IBM) declared the availability of Aspera Files, a new SaaS offering by Aspera, an IBM company, that allows any organization, small to large, to quickly establish a branded web-based presence for the fast, easy and secure exchange and delivery of file-based media or data of any size, over any distance and between end users across separate organizations, combining cloud and on-premises storage platforms. Built on the Aspera FASP(R) transport platform for distance-neutral transfer of extremely large files and data sets over the Internet, the new service breaks all previous barriers to enterprise file sharing.
Media companies and enterprises at large are creating more high-resolution content than ever; with increasingly shorter turnaround times in highly competitive markets that also depend upon secure inter-company collaboration. Aspera Files transforms cloud-based content sharing and partnership by eliminating the complexities of sharing large files and large directories with fast and secure transfer of the largest (4K) media formats, digital cinema packages (DCP) and associated metadata.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application administration, maintenance, and support services.
Platform Specialty Products Corp (NYSE:PAH), ended its Friday’s trading session with -0.12% loss, and closed at $17.20.
Platform Specialty Products Corporation (PAH) declared that it had received antitrust clearance from the Federal Cartel Office in Germany in connection with its formerly-declared recommended offer to acquire all of the issued and outstanding shares of Alent plc in a cash and stock transaction for about $2.1 billion1 (the “Alent Acquisition”) by way of a court-sanctioned scheme of arrangement under the U.K. Companies Act 2006 (the “Scheme”).
The Alent Acquisition remains subject to the sanction of the U.K. court and certain other closing conditions and approvals set forth in the Scheme, counting, among others, regulatory approvals in certain other foreign jurisdictions. As of recently, in addition to the approval in Germany, Platform has received notice of the early termination of the antitrust waiting period under the U.S. Hart-Scott Rodino Antitrust Improvements Act and approval from the South Korean regulatory authorities. The Alent Acquisition is predictable to close in late 2015 or early 2016. Following closing of the Alent Acquisition, Platform will remain a New York Stock Exchange listed company domiciled in the United States.
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.
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