Connected cows, cars and crockery prod chip mega mergers SINGAPORE/ TAIPEI, June 9- Chip companies are merging, signing $66 billion worth of deals this year alone in preparation for an explosion of demand from all walks of life as the next technological revolution takes hold: the Internet of Things. Last month saw the biggest-ever chip merger with Avago Technologies Ltd agreeing to buy Broadcom Corp for $37 billion.
| By: Jeremy Wagstaff and Michael Gold
INSIGHT-Cuba Inc. open to foreign capitalists, but within limits A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...
| By: Daniel Trotta and Marc Frank
Diageo shares surge on report of possible takeover interest LONDON, June 8- Shares in Diageo Plc, the world's largest spirits maker, rose about 7 percent on Monday following a report in the Brazilian press saying private equity firm 3 G Capital was considering a bid for it. But a leveraged buyout of Diageo would be the largest in history and well beyond anything 3 G has done, said Jefferies analysts, who estimated that the...