The deal represents a 37% premium to the closing price of PMC's stock on Monday.
Juggling of products and services segments is designed to emphasize the company's mobile and cloud businesses.
A new report finds the Internet is still only available to 35% of people in developing countries and the access growth rate is slowing.
The company expects to save about $2.7 billion, mostly by cutting jobs in the HP Enterprise business.
'We do not yet know the root cause of the failure, but we will be conducting a thorough analysis,' said the bank's CEO.
'We believe that Google increases choice for European consumers and offers valuable opportunities for businesses of all sizes,' says a Google…
Troubles in an outsourced accounting system leave mutual fund and ETF investors unsure of the value of their holdings.
PC revenues fell 13% and printer revenue was down 9% in the second quarter.
The new CFO of Interactive Intelligence Group will try to balance on-premises software against the priority of a cloud solution.
Calls for the U.S. to transfer control of ICANN to an international group have been fueled by Edward Snowden's revelations of NSA spying.