June 11 - 12:06
Intel offers $2bn for chip startup SiFive Inc.
Intel has offered around $2bn to acquire semiconductor startup SiFive Inc. according to a Bloomberg report. It references "people familiar with the matter, which says the company has been the subject of a number of other takeover offers, although it is thought to prefer an investment, rather than a takeover deal. Interest in chip companies is being driven by a worldwide chip shortage.
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