Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading supplier of video displays and interface ICs headquartered in Silicon Valley, and Cypress Semiconductor (NASD: CY) announced that they have entered into a definitive agreement under which Parade will acquire Cypress’s TrueTouch® Mobile touchscreen business for an aggregate acquisition price of US$100 million in cash.
Xerox (NYSE: XRX) announced its acquisition of Healthy Communities Institute (HCI), a Berkeley, Calif.-based company with a leading cloud platform that puts socioeconomic and community health information at the fingertips of hospitals, public health agencies and community coalitions.
Investors have found many things to dislike about banks, such as increasing regulation and low lending margins in these days of miniscule interest rates. I think the banks may be about to fare better, making them one of the few sectors that look cheap in the current market.
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