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Cisco in talks to purchase optical chipmaker Luxtera

Bloomberg Cisco Systems Inc, the biggest maker of networking equipment, is in talks to purchase optical chip technology company Luxtera Inc, according to people familiar with the plans. A final price for the closely held company hasn’t been determined but a deal will likely value Luxtera in the hundreds of millions of dollars, said the people, who asked not to ...

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Dell set to return to public markets

Bloomberg Dell Technologies Inc won a shareholder vote to return to public markets, putting founder Michael Dell on the winning side of a transformative transaction that polarised investors for the second time in five years. Under terms of the deal, Dell will buy out shareholders of the stock that tracks Dell’s stake in software maker VMware Inc, known by its ...

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Uber picks Morgan Stanley to lead next year’s IPO

Bloomberg Uber Technologies Inc has selected Morgan Stanley to lead its public offering next year, according to two people familiar with the matter, meaning the investment bank will reap a larger share of the fees associated with a listing valuing the company at as much as $120 billion. It’s another big win for Morgan Stanley banker Michael Grimes, who has ...

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