Bloomberg Business

Software AG Shareholder Harris Criticizes Silver Lake Offer

One of Software AG’s top investors has spoken out against the firm’s planned €2.4 billion ($2.6 billion) takeover by US private equity firm Silver Lake Management, saying the price “materially undervalues” the business.

China Chip Firm Seeking to Rival ASML Weighs IPO Filing, Sources Say

Dongfang Jingyuan Electron Ltd., a semiconductor software firm, is weighing filing for an initial public offering in China as soon as next year, according to people familiar with the matter, as the country spars with developed democracies over access to chipmaking technology.

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