ON Semiconductor Corp
Fairchild Semiconductor (FCS) is rumored to be another name on the list of consolidations happening in the semiconductor industry.
In fiscal 2Q15, Atmel’s revenue dropped 14% year-over-year to $306.4 million.
Cypress was rumored to have challenged Dialog’s offer for Atmel. Cypress denied the rumors, stating that it had approached Atmel’s board in the past, but had withdrawn from the bid.
Semiconductor giants look to acquire chip makers with broad portfolios of products serving the IoT space.
Greenlight Capital exited a position in Computer Sciences Corporation (CSC). The position accounted for 2.05% of the fund’s portfolio for the second quarter that ended in June.
Activist investor David Einhorn’s Greenlight Capital’s recent 13F filing revealed new positions and disposals during the third quarter that ended in September.