STMicroelectronics NV (STM) Higher on Takeover Rumor

STMicroelectronics NV (NYSE: STM) is 2.5% higher today on heaiver-than-normal volume on rumors the company is the target of a takeover bid.

CreditSights Looks At Semi LBO Targets

According to Barron's Tech Trader blog, CreditSights provided an analysis of potential LBO targets in the semiconductor sector. The firm names: Analog Devices (NYSE: ADI), Linear Technologies (Nasdaq: LLTC), Maxim Integrated Products (Nasdaq: MXIM), Altera (Nasdaq: ALTR), Xilinix (Nasdaq: XLNX), Infineon (NYSE: IFX) and ST Microelectronics (NYSE: STM).

Genesis Microchip (GNSS) Takeover Talk Resurfaces

Hearing resurfaced takeover chatter on Genesis Microchip Inc. (Nasdaq: GNSS). In the past STMicroelectronics NV (NYSE: STM) and Texas Instruments Inc. (NYSE: TXN) were mentioned as possible suitors for the company.