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Synopsys to sell software unit to Clearlake, Francisco in $2.1 billion deal, ET Telecom

Synopsys: The deal includes up to $475 million in cash that will be payable once the buyout firms hit a certain rate of return related to one or more liquidity transactions. ....

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Synopsys nears $2 billion-plus software unit sale to buyout firms, ET Telecom

Synopsys: Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said. ....

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US to consider concerns about China's Brite in trade sanction decisions, ET Telecom

US To Consider Concerns: SMIC, China s top chipmaker, was added to a trade sanction list known as the Entity List over its apparent ties to the Chinese military industrial complex. SMIC has previously denied any ties to China s military, saying that it manufactures chips and provides services "solely for civilian and commercial end-users and end-uses." ....

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Arm Holdings Extends Blistering Rally in Wake of Earnings

Arm Holdings Plc is extending a big rally in the wake of last week’s blockbuster earnings report that showed artificial intelligence spending is bolstering sales. ....

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