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Monday, June 6, 2011

Barclays appoints new co-heads of technology M&A, (NYSE: SNI), (NASDAQ: CSCO), (NYSE: AMD), (NASDAQ: AVGO), (NASDAQ: KLAC)

Barclays Capital has appointed Greg Dalvito and Richard Hardegree to co-head its technology mergers and acquisitions group, according to a memo obtained by Reuters on Monday. A Barclays spokesman confirmed the contents of the memo. Dalvito, who has headed media M&A at Barclays for nearly five years, will be based in New York. At Barclays, he most recently advised Mediacom's special committee in the $3.9 billion take-private transaction; Vivendi in the sale of its $6 billion stake in NBC Universal; and Scripps Networks Interactive Inc (SNI.N) in the $1 billion acquisition of The Travel Channel. Hardegree has spent the last five years as a senior member of the technology M&A team. Based in Menlo Park, California, he has advised on over 50 technology transactions, including Cisco Systems Inc (CSCO.O), Advanced Micro Devices Inc (AMD.N), Nokia Siemens Networks, Avago Technologies Inc (AVGO.O) and KLA-Tencor Corp (KLAC.O). Barry Boniface will head the communications and Media M&A team at Barclays. Boniface has over 20 years of industry experience and has been Chairman and head of the bank's communications M&A business for 4 years.

Scripps Networks Interactive, Inc. (SNI) is a lifestyle content and interactive services company with television and interactive brands. Shares of SNI fell by 1.51% or $-0.71/share to $46.31. In the past year, the shares have traded as low as $39.36 and as high as $53.66. On average, 831488 shares of SNI exchange hands on a given day and today's volume is recorded at 1034113.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. Shares of CSCO fell by 0.12% or $-0.02/share to $15.99. In the past year, the shares have traded as low as $16.11 and as high as $26.00. On average, 74118200 shares of CSCO exchange hands on a given day and today's volume is recorded at 58169328.

Advanced Micro Devices, Inc. (AMD) is a global semiconductor company. Shares of AMD fell by 2.13% or $-0.17/share to $7.8. In the past year, the shares have traded as low as $5.53 and as high as $9.58. On average, 17168400 shares of AMD exchange hands on a given day and today's volume is recorded at 12264236.

Avago Technologies Limited (Avago) is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V based products. Shares of AVGO fell by 1.65% or $-0.56/share to $33.33. In the past year, the shares have traded as low as $18.41 and as high as $36.18. On average, 1811780 shares of AVGO exchange hands on a given day and today's volume is recorded at 1382244.

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yields management solutions for the semiconductor and related nanoelectronics industries. Shares of KLAC fell by 0.39% or $-0.16/share to $40.56. In the past year, the shares have traded as low as $26.69 and as high as $51.83. On average, 2530250 shares of KLAC exchange hands on a given day and today's volume is recorded at 1384282.



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