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Digital security provider Gemalto (GTOMY.PK, GTOFF.PK) reported the release of its new SafeNet Multi-Link High Speed Encryptor or HSE solution that provides the equivalent of 10 by 10 Gbps high-speed encryptors in one unit. With a total encrypted bandwidth of 100 gbps, the CN8000 helps enterprises...

Genentech, a member of the Roche Group (RHHBY.PK), announced positive results from two pivotal studies evaluating the investigational medicine ocrelizumab compared with interferon beta-1a (Rebif), a standard-of-care therapy, in people with relapsing multiple sclerosis or MS, the most common form of the...

French oilfield services giant Technip SA (TNHPF, TKPPY) has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd., located in Singapore. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading...

Mining giant BHP Billiton Ltd. (BHP.AX, BLT.L, BBL, BHP) Tuesday announced changes to the Group Management Committee or GMC. Dean Dalla Valle, currently President Health, Safety, Environment, Marketing and Technology will become Chief Commercial Officer, assuming accountability for Potash. Valle's...

Mitsubishi Electric Corp. (MIELY.PK) said Mitsubishi Electric Consumer Products (Thailand) Co., Ltd., a Thai-based subsidiary for air-conditioning systems, would expand its manufacturing and logistics capabilities with a new facility in Chonburi Province. This aims to support Mitsubishi Electric's...

Japan's Sumitomo Mitsui Banking Corp. is nearing a deal to buy General Electric Co.'s (GE) European private-equity finance business, the Wall Street Journal reported citing people familiar with the matter. SMBC is expected to pay more than $2 billion for the unit, known as a sponsors unit and which...

Hikma Pharmaceuticals Plc. (HIK, HIK.L) is among bidders for Boehringer Ingelheim GmbH's Roxane Labs business in the U.S., Bloomberg reported citing people familiar with the matter. The report said that other potential buyers for the generic pharmaceutical unit, which may fetch as much as 2 billion...

X2 Resources, the private-equity firm founded by former Xstrata Chief Executive Officer Mick Davis, is in talks to buy Rio Tinto's (RTPPF.PK, RIO.L, RIO, RTNTF.PK) controlling stake in three Australian coal mines, reports said citing two people familiar with the matter. According to the reports, the...

H.J. Heinz Company said that today's announcement of The Kraft Heinz Company's senior leadership team marks another major milestone in the soon-to-be-completed merger. Effective upon the close of the merger transaction, The Kraft Heinz Company senior leadership team is: Paulo Basilio is appointed...

AT&T Inc. (T) and DirecTV (DTV) elected to further extend the "Termination Date" of the Merger Agreement for a short period of time to facilitate obtaining final regulatory approval required to close the merger. AT&T expects that the merger will be consummated shortly. AT&T agreed in mid-May 2014...

The U.S. Securities and Exchange Commission charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called "broken deal" expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to pay nearly $30 million to settle the charges, including...

Integrated Silicon Solution Inc. (ISSI) said that its stockholders approved the acquisition of ISSI by Uphill Investment Co. for $23.00 per share in cash pursuant to the merger agreement between ISSI and Uphill dated as of March 12, 2015, as amended. ISSI and Uphill expect the acquisition to close...

Advanced Energy Industries, Inc. (AEIS) said that it has made a strategic decision to focus solely on its Precision Power business and wind down its Solar Inverter business, which is operated under AE Solar Energy Inc., AEI Power GmbH and their subsidiaries. Advanced Energy expects to record a pre-tax...

Celgene Corp. (CELG) and Juno Therapeutics, Inc. (JUNO) on Monday announced a global collaboration for the development and commercialization of immunotherapies. The two companies will leverage T cell therapeutic strategies to develop treatments for patients with cancer and autoimmune diseases with...

Synopsys, Inc. (SNPS) said Monday that it has acquired Elliptic Technologies, a provider of security IP cores and software solutions for mobile, automotive, digital home, Internet of Things and cloud computing applications. The deal, terms of which were not disclosed, is not material to Synopsys...

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