Shares of AMD were buoyed nearly ten percent by rumors that Snapdragon master Qualcomm may be interested in acquiring the fabless chip company.

A senior executive at Lenovo dismissed market speculation that the company was interested in buying struggling Finnish cellphone maker Nokia as a "joke."

The deal may hurt Samsung Electronics, which last week said it would start using AuthenTec's technology in new devices. Samsung is unlikely to continue with plans to use AuthenTec under Apple's ownership.

Analysts said an OCZ acquisition would boost Seagate's margins and help it establish a firmer foothold in the lucrative enterprise segment, where SSDs are gaining popularity.

A group of Elpida Memory bondholders will vote against Micron Technology's plan to acquire the bankrupt Japanese chipmaker for about US$750 million, arguing that it undervalues the company's assets, a court filing shows.

Micron Technology will purchase failed DRAM manufacturer Elpida Memory Inc., The Nikkei reported early Friday. The acquisition price is estimated at 200 billion yen.

Qualcomm has acquired Summit Microelectronics, a developer and provider of programmable power ICs. Qualcomm's power management roadmap will be significantly enhanced with the addition of Summit's expertise and products.

Microsoft and Samsung continue to fend off rumors that they have any intention of purchasing cell phone maker Nokia.

Chipmaker Cypress Semiconductor has offered to buy smaller rival Ramtron International for about US$87.6 million in cash, revamping a bid it made last year.

Shares of Nokia rose more than 7% Friday on speculation Samsung Electronics might be eyeing a takeover.

Micron may ask creditors of the financially troubled Elpida Memory to forgive more than US$3.8 billion in debt.

Facebook is paying Microsoft US$550 million for some of the patents it recently bought from AOL.

MIPS Technologies is looking for a buyer, according to people with knowledge of the decision.

Facebook has announced plans to acquire Instagram, a photo-sharing app for mobile devices, for approximately US$1 billion.

Global chipmaker Broadcom has reportedly acquired Israeli startup BroadLight for at least US$200 million, two Israeli newspapers report Tuesday.

STMicroelectronics should persuade Ericsson that they sell off their mobile chip joint venture ST-Ericsson, but probably to some aspiring Chinese company. That is likely to produce the quickest and most profitable - or least loss-making - exit for the two parent companies from what has become a failed project.

Walmart is taking a 51% stake in Yihaodian, a leading Chinese e-commerce website, in a significant move by the US retailer to boost its online presence in China.

SanDisk has extended its enterprise solid state disk drive (SSD) solutions portfolio with the acquisition of FlashSoft, a provider of innovative caching software products.

Apple has filed a suit in San Diego federal court accusing Motorola of breaching its licensing agreement with Qualcomm over a chip used in the iPhone 4S.

Micron Technology and Virtensys have announced that the companies have signed an agreement for Micron to acquire the assets of privately held Virtensys, a provider of PCIe-sharing solutions based in Manchester, England and Beaverton, Ore.

Qualcomm has acquired display startup Pixtronix, which develops technology applicable to smartphone and tablet screens.

MagnaChip Semiconductor announced that its Korean subsidiary has entered into a definitive agreement to acquire Dawin Electronics, a privately held semiconductor company that designs and manufactures Insulated Gate Bipolar Transistor (IGBT), Fast Recovery Diode (FRD) and MOSFET modules.

Samsung spokesman James Chung said that his company has not "considered acquiring" RIM and is "not interested" in buying the BlackBerry maker. He added that neither company approached the other to try to create an acquisition deal.

Apple confirmed Wednesday that it has acquired Israeli semiconductor company Anobit technologies for US$390 million, providing it with significant technological boost in the mobile devices market.

The Finnish handset giant scooped up Smarterphone, a small Norwegian company that has an operating system designed for more basic cell phones known in the industry as feature phones. The acquisition was disclosed by Smarterphone's Nordic investor parent, Ferd Capital. A Nokia representative confirmed the acquisition but declined to comment further on what it means for the company.

China's Alibaba Group has hired a US lobbying firm, fuelling further speculation that it is preparing a bid for Yahoo.

AT&T purchased 700MHz spectrum licenses covering more than 300 million people for approximately US$1.9 billion.

Smartphones are relatively new, but will likely follow the path of more mature electronics industries, in which "you typically see large cross-licensing agreements between the big players because they've all got lots of patents the others are infringing."

The acquisition is one of the most expensive for Apple since it acquired NeXT in 1996 - 15 years ago to the day, in fact-and should cement the company's strategic shift to solid-state flash storage for its products.

Research In Motion has turned down takeover overtures from Amazon.com and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.

AT&T says it has agreed with Deutsche Telekom to ends its bid to buy T-Mobile USA after facing fierce government objections.

Lam Research has announced plans to buy Novellus Systems in an all-stock transaction valued at US$3.3 billion, as the company sought to expand its market share.

Apple is reportedly going to use part of its enormous pile of cash to buy an Israeli fabless semiconductor company that specializes in flash storage solutions.

SK Telecom has agreed to pay KRW3.4 trillion (US$3.1 billion) for 21% of Hynix Semiconductor.