Royal Philips

The wireless handset market has proven that a strong brand name doesn’t guarantee success. Sony Electronics Inc. announced last week it is pulling out of the North American handset business …

SAN JOSE, Calif.-Despite extensive discussions between the two companies, VLSI Technology Inc. and Royal Philips Electronics have not yet reached an agreement that would allow Philips to participate in VLSI’s …

SAN JOSE, Calif.-VLSI Technology Inc. last week rejected Royal Philips Electronics’ hostile takeover bid to acquire all of the outstanding common shares of the company for $17 per share. VLSI’s …

VLSI Technology Inc. announced its board of directors adopted a new shareholder rights agreement and bylaw amendments to fend off a hostile bid from Royal Philips Electronics. Philips launched the …

LIBERTYVILLE, Ill.-Motorola Inc. announced it has finalized an agreement to purchase the research and product development portion of Lucent Technologies Inc.’s wireless handset facility in Piscataway, N.J. Motorola said it …

Motorola Inc. plans to purchase assets related to the research and product development portion of Lucent Technologies Inc.’s wireless handset facility in New Jersey. The two companies have signed a …

The head of Philips Consumer Communications quit last week amidst the company’s announcement it doesn’t expect to break even this year. PCC President and Chief Executive Officer Mike McTighe resigned …