Applied Materials to Invest $4 Billion in Silicon Valley Chip Research Center
U.S. semiconductor toolmaker Applied Materials Inc announced on Monday that it plans to spend $4 billion on the construction of a research center in Silicon Valley that will be used to accelerate semiconductor manufacturing activities.
The world's biggest maker of tools used for chip manufacturing,...
Blackstone Acquires International Gemological Institute
Private equity firm Blackstone Inc. announced on Sunday that it has fully acquired the jewelry certification firm International Gemological Institute (IGI). It cost Blackstone in the range of $530 million to purchase IGI from China's Fosun and the company's founding family.
Founded in 1975, IGI...