Abax

Tabula's Mr. Segers says it is initially targeting FPGAs that cost $1,000 or more; his company expects to handle comparable tasks with a chip dubbed Abax, which is priced at $150 and is expected to be shipped in sample quantities in the third quarter.

Start-Ups Add Third Dimension to Chips

Tabula's Mr. Segers says it is initially targeting FPGAs that cost $1,000 or more; his company expects to handle comparable tasks with a chip dubbed Abax, which is priced at $150 and is expected to be shipped in sample quantities in the third quarter.

Start-Ups Add Third Dimension to Chips

Tabula's Mr. Segers says it is initially targeting FPGAs that cost $1,000 or more; his company expects to handle comparable tasks with a chip dubbed Abax, which is priced at $150 and is expected to be shipped in sample quantities in the third quarter.

Start-Ups Add Third Dimension to Chips

Several such deals have already been hatched, including one by Bain Capital to spend $100 million taking private NASDAQ-listed China Fire & Security Group; two deals orchestrated by Hong Kong-based Abax Capital, the planned buyouts of NASDAQ-listed Harbin Electric and Fushi Copperweld for more than $700 million; and Fortress Group's financing to take Funtalk Holdings' private.

Cease and Desist on Delist-Relist

Earlier this month Chief Executive Tianfu Yang and Abax Global Capital, which collectively own about 40.7% of its shares, reiterated their interest in acquiring the rest of the company for $24 a share, an offer that was first disclosed in October.

Chinese Firm Denies Short-Seller Allegations

Fushi Copperweld announced that its Board of Directors has received a proposal Chairman and Chief Executive Officer, Mr. Li Fu and Abax to acquire all of the outstanding shares of common stock of Fushi not currently owned by Mr. Fu and his affiliates in a going private transaction for $11.50 per share in cash, subject to certain conditions.

OpenTable Investors Eat Well

Fushi Copperweld announced that its Board of Directors has received a proposal Chairman and Chief Executive Officer, Mr. Li Fu and Abax to acquire all of the outstanding shares of common stock of Fushi not currently owned by Mr. Fu and his affiliates in a going private transaction for $11.50 per share in cash, subject to certain conditions.

OpenTable Investors Eat Well

Harbin Electric's stock is trading at a discount of about 25% to Abax's proposed buyout price, indicating investor concerns that the deal might not happen.

Stung, Chinese Firms Now Look to Go Private

Mr. Yang and Abax Global Capital, which collectively own about 40.7% of its shares, first disclosed their offer in October.

Harbin Signs Pact for Sale to CEO

Mr. Yang and Abax Global Capital, which collectively own about 40.7% of its shares, first disclosed their offer in October.

Harbin Signs Pact for Sale to CEO