Compound semiconductor manufacturer IQE has been chosen by Motorola to produce the first of a new generation of chips, which could cut the cost of optical networking equipment and communication devices. And it has agreed to take a $10 million stake in IQE, with an option over a further $10 million. William Davidson reports.
Shares in the European technology investment bank rose today, as chief
executive and co-founder Andrew Beeson stepped aside. His replacement will
be David Norwood, head of private equity arm IndexIT and British chess team
captain, writes William Davidson.