Items tagged with Acquisition
Both the U.S. Department of Justice and the European Commission gave Google their respective blessings to acquire Motorola Mobility for $12.5 billion, the two agencies said in separate announcements. Taking it one step further, the DoJ also said it would allow Apple, Microsoft, and Research In Motion (RIM) to purchase...
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Google has been trying to acquire Motorola Mobility and its thousands of patents for months. Soon, according to a Reuters report, the acquisition should receive approved from the European Commission and U.S. Justice Department. A decision about whether to approve the deal or ask for more review is expected as early as...
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The proposed merger between Google and Motorola is one step closer to completion. Recently, Motorola's stockholders voted with an overwhelming majority to approve the proposed merger with Google. At a recently held Special Meeting of Stockholders, approximately 99% of the voting shares voted in favor of the merger agreement. Approximately...
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Yesterday’s announcement that LSI had entered into an agreement to acquire SandForce was interesting to say the least. The two companies have obvious synergy and should be able to leverage each other's resources to produce some powerful and innovative storage products. However, due to LSI’s strong position in the enterprise space...
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Cisco's at it again. With "at it" meaning "buying companies." While the company's killing of Flip Video will be the one that everyone remembers from 2011, they're also picking up BNI Video. Headquartered in Boxborough, Mass., BNI Video supplies service providers with two major video products that offer video back-office and content delivery...
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Rhapsody announced plans to purchase Napster from Best Buy. Although the full details of the deal have not been released, we do know that Best Buy will retain a minority stake in Rhapsody. The deal is expected to close on or around November 30 of this year. As a result of the deal, the subscriber bases of the two largest on-demand premium...
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Hewlett Packard is shopping for a buyer to take its PC business off its hands, and there has been plenty of speculation as to which company might swoop in. One name that keeps coming up is Samsung, but that's now looking less likely than ever since Samsung CEO Geosing Choi said his company isn't interested. "To put to...
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If ever there was an iconic symbol of the original mobile phone handset, it would have to be the bat wings of Motorola. From the StarTAC to the RAZR, Motorola has been at the forefront of the technology virtually since the beginning. Though Motorola Mobility has been struggling to keep up in the ultra-competitive smartphone landscape recently,
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Information Week on late Friday afternoon posted about a deal between Microsoft and Nvidia that would give the Redmond software maker first dibs on acquiring Nvidia if a third party offers to buy the graphics chip maker for 30 percent or more of its outstanding shares. The deal, which Information Week quoted in a recent SEC filing dated May...
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They say everything's bigger in Texas, and maybe that includes acquisitions too. How else do you explain Texas Instruments (which is located in Texas) spending a staggering $6.5 billion acquiring National Semiconductor? That breaks down to $25 per share in what amounts to an all-cash transaction. Here's what TI had to...
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Western Digital plans to acquire Hitachi Global Storage Technologies in a cash and stock transaction valued at approximately $4.3 billion. The resulting company will retain the Western Digital name. By combining these companies, WD says the end result will be a “customer-focused storage company” that will...
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Intel, the largest chip maker on this or any other known planet, cleared at least one major hurdle in its attempt to acquire security firm McAfee. That hurdle? The Federal Trade Commission, which has given the proposed $7.68 billion deal its stamp of approval. "The Federal Trade Commission has concluded its review of the proposed McAfee transaction...
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If you owned a deal-of-the-day website, how hard would it be to turn down a $6 billion buyout offer from Google? Probably really difficult, but Groupon didn't bat an eye when it told Google to take a hike. That's hard to fathom. According to reports, each board member would have received millions, if not hundreds of millions by signing on...
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All the "I"s are dotted and the "T"s are crossed in Hewlett Packard's $1.2 billion acquisition of Palm, which was finalized on Thursday, HP announced. That means HP can officially begin putting into motion whatever plans it has for Palm's technology, and most notably the newly acquired webOS platform. "With webOS, HP will deliver its customers...
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Not sure if you've noticed, but Linux is quietly gaining steam. Android is becoming a huge mobile OS, Ubuntu is getting more and more attention, and now Linux builds are fetching huge amounts of money from mainstays in the industry. We're talking about Phoenix Technologies, which was recently purchased by HP for a staggering $12 million. Hewlett-Packard,...
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Intrinsity. It's a company you have probably never, ever heard of in your entire life. And if it weren't for a little company from California called "Apple," you may perish without ever hearing of them, either. But that's not exactly the case anymore, as Apple has just decided to plunk down the necessary funds in...
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IBM Acquires Intelliden Inc. ARMONK, N.Y., - 16 Feb 2010: IBM (NYSE: IBM) today announced it has acquired Intelliden Inc., a leading provider of intelligent network automation software that enables organizations such as telecommunications companies to configure, manage and scale their networks. Intelliden, a privately held company, is based...
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Hoping to better target the mobile Internet market, Lenovo announced that it is planning to buy back the entire interest of Lenovo Mobile Communication Technology from a group of investors. Lenovo is putting up $200 million in cash and stock to reacquire its former mobile business sold to a group of investors in March 2008. The announcement...
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Just 72 hours after IBM shipped out its 50 millionth Wii processor, we're now learning that said company could be looking to expand via acquisition. In a breaking Wall Street Journal report, it's stated that International Business Machines is already "in talks" to buy Sun Microsystem, a move that would reportedly "bolster IBM's heft on the...
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The Department of Justice approved Verizon Wireless’ $28 billion purchase of Alltel, but the deal is subject to a few stipulations. More specifically, Verizon Wireless will be required to divest wireless assets in 100 markets encompassing 22 states. The sale of assets doesn’t mean Verizon Wireless will lose service in the areas affected by...
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NVIDIA completes Acquisition of AGEIA TechnologiesSANTA CLARA, CA — FEBRUARY 13, 2008 — NVIDIA (Nasdaq: NVDA), the world leader in visual computing technologies and the inventor of the GPU, today announced that it has completed the acquisition of AGEIA Technologies, Inc., the industry leader in gaming physics technology. AGEIA's PhysX®...
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With Acer's recent announcement that it would acquire Gateway for $710 million, a price many considered to be well above the market value for Gateway, one would think that shareholders would be happy. Oddly enough, that not only doesn't seem to be the case, but quite the opposite: Some shareholders are suing over the acquisition.The law suit...
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