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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

PSEG's Bid for Cinergy Said to be Faltering

LCG, March 12, 2001--Public Service Enterprise Group Inc.'s discussions to acquire Cinergy Corp. for $5.6 billion in stock have broken down, the Wall Street Journal reported in its online edition today. The paper, so far, is the only source that there was a potential deal in the first place.

When the Wall Street reported the talks on Friday, it noted that among the sticking points could be the desire of Cinergy chief executive James Rogers to head up the combined company but said it was likely that James E. Ferland, PSEG's top man, would probably remain chief executive for at least five years.

The paper also pointed out that PSEG's offer would provide only a modest premium for holders of Cinergy stock. That premium seems to have been erased in subsequent trading on the New York Stock Exchange.

The Wall Street now says that movement in the stock prices seems to have brought a halt to the merger talks. Citing "people familiar with the situation," the paper said the companies may revive negotiations at any time.

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