The UK market still shrinking as more mid-cap companies are taken over
The takeover bandwagon is picking up speed as the year progresses with deals seemingly now being announced each week. On 9 June US chipmaker Qualcomm (QCOM:NASDAQ) agreed to take over Alphawave IP Group (AWE), which designs high-speed data transmission technology and licences it to semiconductor designers and manufacturers, much like Cambridge-based ARM (ARM:NASDAQ), once the UK's biggest...