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Visa invests in mobile banking

The headlong rush into mobile banking continued on Thursday with Visa announcing two deals in this area. The payments company has bought Fundamo, a South African mobile software company for $110m. It...

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US companies snap up Euro chip bargains

Marvell, the US semiconductor company, has bought Xelerated, the Swedish maker of networking infrastructure chips, in a deal understood to be worth around $100m. Meanwhile, UK-based Picochip was bought...

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