Easy come, easy go. That's the attitude Gennum CEO Franz Fink took in an interview yesterday, after his company announced it would not match Integrated Device Technology's $6.25 cash offer for Ottawa-based Tundra Semiconductor. "Sometimes mergers and acquisitions aren't completed, this is just all part of doing business," said Fink ...

Gennum has ended its bid for Ottawa's Tundra Semiconductor. Burlington, Ont.-based Gennum issued a press release this morning to announce it will not match the $120-million offer made April 27 by its larger U.S.-based rival, Integrated Device Technology (Nasdaq: IDTI), which is based in San Jose, Calif. It seems another ...

An update to my recent feature story on Gennum's proposed acquisition of Tundra Semiconductor:  as I reported, the initial price tag of $4.43 per share was indeed too good to be true.

There goes another up-and-coming Canadian tech company. OZ Communications, a very successful 220-person Montreal firm making software for accessing e-mail and instant messaging services on consumer mobile phones, is being bought by Nokia. Just last week OZ was lauded by Deloitte as the 8th fastest growing tech company in the ...