Avago Technologies said Monday it agreed to buy LSI Corp. for $6.6 billion to get into the business of semiconductors that help run data centers and handle mobile Internet traffic. Avago said it will pay $11.15 a share in cash for LSI. The deal comes as the rise of cloud computing increases demand for data centers and the servers and chips needed to run them. LSI specializes in storage and networking technology for large organizations that use data centers a lot.
More than 129 million folks regularly accessed ad-supported content on demand on a regular basis, according to Insider Intelligence.
Gene Roddenberry is the creator of the popular Star Trek universe of movies and TV series. Now, a new partnership has been formed, called the Roddenberry Archive, to document his creative works.