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Siemens to buy US software maker mentor for $4.5bn

  Bloomberg Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share in cash for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. Elliott ...

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Samsung to buy US auto parts supplier Harman

  Seoul / AFP Samsung Electronics said on Monday it would buy US auto parts maker Harman International Industries for $8 billion in a bid to enter the growing market for automotive technology to produce “connected” cars. The deal, the biggest in the firm’s history, will provide a chance for the tech titan to move past the exploding Galaxy Note 7 ...

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Facebook public chat feature ‘rooms’ starts rolling out

  Relaxnews According to Facebook Messenger product manager Drew Moxon, The Courrier Mail reports, the feature ‘Rooms’, which was been rolled out in Australia and Canada over the weekend, is for “topic-based conversations and so people can talk with others they may not know.” Facebook first launched a standalone app called Rooms back in October 2014, but the project was ...

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