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3Com waiting for details of Bain/Huawei acquisition bid Senior 3Com executives are waiting for the full terms of a $2.2 billion acquisition bid to be made public, as several important details affecting the company's future remain unclear. Indian outsourcers' U.S. shopping spree The headlines below the fold on the business page may not have captured everyone's attention, but astute observers may have noticed a trend among the major Indian outsourcing companies: "Wipro buys Infocrossing for $600 million," "Caritor acquires Keane for $854 million," or "Infosys and Wipro gunning for MarketRx." ![]() 3:00 a.m. PDT Gateway plans to buy Packard Bell Gateway announced plans to acquire PC vendor Packard Bell for an undisclosed amount on Monday, a move funded by Acer as part of its planned acquisition of Gateway. October 8, 3:20 p.m. PDT McAfee to buy SafeBoot for $350M Security software vendor McAfee will acquire SafeBoot for $350 million in an effort to expand its large-business product line, the company announced Monday. October 8, 2:11 p.m. PDT SAP and Business Objects explain strategy shifts Executives from Business Objects and SAP each tried to explain Monday why their companies have parted with long-time strategies by agreeing to merge. October 8, 11:31 a.m. PDT Update: SAP to buy Business Objects for $6.78 billion SAP has agreed to buy Business Objects for about €4.8 billion ($6.78 billion), a surprise move that breaks with SAP's traditional strategy of avoiding large company acquisitions. October 8, 4:45 a.m. PDT Microsoft buys Jellyfish.com comparative shopping site Microsoft has bought comparative shopping Web site Jellyfish.com, which gives its customers a cut of advertising revenue from retailers, offering a rebate on purchases made through the site. October 2, 5:04 a.m. PDT Nokia buys mapping service for $8.1 billion Nokia has agreed to buy the digital mapping company Navteq for $8.1 billion, supporting a plan to add navigation capabilities to more of its devices. October 1, 7:42 a.m. PDT Update: Huawei, investment fund to buy 3Com for $2B Network equipment vendor 3Com has agreed to be acquired by associates of Bain Capital and of Huawei Technology in a deal worth $2.2 billion, 3Com said Friday. September 28, 7:56 a.m. PDT Google buys Zingku mobile social networking service Google has acquired a mobile social networking startup called Zingku, the search company's latest move to provide more services through mobile phones. September 28, 5:32 a.m. PDT Wipro to acquire Oki’s wireless chip design arm Oki Electric Industry Co. is selling its semiconductor design subsidiary to Indian outsourcer Wipro, preferring instead to have semiconductor design services delivered from a dedicated center set up by Wipro. September 28, 4:39 a.m. PDT Cisco agrees to buy call center vendor Latigent Cisco Systems has agreed to buy Latigent, a vendor of call center reporting tools, and plans to integrate Latigent's products with its unified customer contact center systems. September 27, 6:55 a.m. PDT Cut through financial BS These days, numbers just seem to blur together. Microsoft is thinking about paying $500 million for 5 percent of Facebook, which would make that company worth $10 billion. VMware, in which parent company EMC recently sold a stake to the public, is currently valued at $30 billion (that's just for VMware, not the whole of EMC). ![]() September 27, 3:00 a.m. PDT EchoStar to acquire Sling Media Sling Media, developer of the innovative Slingbox TV-streaming device, is set to be acquired by EchoStar Communications, which operates the Dish Network direct-to-home satellite TV service in the U.S., the companies said late Monday. September 25, 5:45 a.m. PDT Zimbra users vexed by Yahoo deal Zimbra customers appalled at the company's planned acquisition by Yahoo are speaking out, saying they are vexed by the deal and upset over its possible negative consequences. September 21, 4:27 p.m. PDT M&A, profits stir IT investors Mergers and acquisitions and several strong financial reports excited IT investors this week, even as concerns about the U.S. economy continue to roil the stock market. September 20, 2:59 p.m. PDT Acer, Gateway deal gains U.S. antitrust approval Acer's planned $710 million acquisition of U.S. PC vendor Gateway won antitrust approval in the U.S. as the clock struck midnight Monday, Gateway said. September 19, 3:48 a.m. PDT Update: Yahoo to buy Zimbra for $350 million Yahoo has agreed to buy Zimbra, a privately held company whose Web-hosted collaboration and messaging suite is considered a successful example of the SaaS (software as a service) model. September 17, 1:52 p.m. PDT Competitive carrier Paetec buys McLeodUSA Telecom carrier consolidation in the U.S. trickled down to competitive service providers on Monday as Paetec Holding Corp. agreed to acquire McLeodUSA, creating a company that will serve businesses in most of the country's largest metropolitan areas. September 17, 11:37 a.m. PDT Nokia buys mobile advertiser Enpocket Nokia intends to boost its mobile ad business through the acquisition of Enpocket, which provides cell phone marketing technology and services to advertisers, Web publishers, and carriers. September 17, 8:31 a.m. PDT T-Mobile buys wireless operator SunCom for $2.4 billion Expanding its U.S. turf, T-Mobile USA announced Monday that it will buy SunCom Wireless Holdings for $2.4 billion in cash and assumed debt. September 17, 7:58 a.m. PDT Barracuda buys Web security vendor NetContinuum Barracuda Networks is getting into the Web application security business. The security vendor has acquired NetContinuum, a vendor of Web firewall appliances. Barracuda already sells Web filtering devices that prevent Web surfers from visiting malicious sites, but the NetContinuum products can be used to protect Web sites themselves. September 17, 4:33 a.m. PDT Intel to buy digital-media software maker Havok Intel will buy Havok, a provider of software and services used by videogame creators and movie special-effects teams, the company said Friday. September 14, 5:00 p.m. PDT Sun acquires assets of Cluster File Systems Almost lost in the clamor over Sun's expanded partnership with Microsoft on Wednesday was a small acquisition that will bolster Sun's HPC storage offerings. Sun agreed to acquire a majority of the assets of Cluster File Systems. September 12, 12:41 p.m. PDT Wall Street Beat: M&A, VC funding stay hot Merger and acquisition news from companies as diverse as Yahoo, Cognos, and MetroPCS Communications heated up IT investor interest this week, shoring up confidence in the sector even as credit-market concerns continued to buffet the stock exchanges. September 7, 8:37 a.m. PDT Oracle buys Bridgestream for employee role mapping Oracle has acquired Bridgestream, a maker of software that helps companies map employee responsibilities, Oracle said Wednesday. September 5, 7:32 a.m. PDT Cognos to pay $339 million for Applix Business performance software vendor Cognos has agreed to buy Applix, a developer of performance analysis software, and plans to integrate the companies' products by early next year. September 5, 7:05 a.m. PDT Gateway to sell professional unit to MPC Gateway has agreed to sell a unit targeting education, medium-size businesses, and government users to MPC for $90 million, the companies said Wednesday. September 5, 5:05 a.m. PDT Yahoo buys ad firm BlueLithium for $300 million Yahoo continued its pursuit of online ad rivals with a $300 million purchase of private online advertising firm BlueLithium, the Internet giant announced Wednesday. September 5, 4:13 a.m. PDT Oracle to buy network intelligence company Netsure Oracle Corp. has agreed to acquire Netsure Telecom Ltd., a provider of network intelligence and network data integrity software. September 4, 4:39 a.m. PDT Why a Hon Hai, Quanta merger likely won't happen Rumors of a tie-up between the world's largest desktop PC manufacturer and the biggest notebook maker resurfaced again after the resignation of a key executive at Quanta Computer Inc., but analysts said such a union could threaten major vendors such as Hewlett-Packard Co. and Dell Inc., and that the big U.S. companies have the power to stop such a deal. September 3, 3:47 a.m. PDT Wall Street Beat: Acer masters the Art of War Acer Inc. executed a master stroke in the global war for PC market share with its US$710 million purchase of Gateway Inc., but it may take a while for the market to see the light. August 31, 4:14 a.m. PDT FTC seeks more data on Intel flash spinoff U.S. government antitrust regulators have asked Intel Corp. and STMicroelectronics NV to provide more information about their plan to spin off their flash memory unit into a new company, the vendors said Thursday. August 30, 8:30 a.m. PDT Acer will target consumers with new Gateway brand Retail consumers in the U.S. could begin to see great deals on computer purchases as PC vendors get more competitive in the wake of Acer's announcement on Monday that it plans to buy Gateway. August 27, 2:12 p.m. PDT Lenovo's plan for Packard Bell hit by Acer-Gateway deal Acer's agreement to acquire Gateway has foiled Lenovo Group's plans to buy PC vendor Packard Bell, and could leave Acer owning both Gateway and Packard Bell. August 27, 4:42 a.m. PDT Acer to acquire Gateway for $710 million Acer plans to acquire Gateway in a deal worth $710 million that Acer says will make it the world's third-largest PC vendor. August 27, 4:26 a.m. PDT IBM buys Web conferencing vendor WebDialogs IBM has acquired a Web conferencing service provider, it announced as part of a flurry of unified communications moves on Wednesday. August 22, 4:27 p.m. PDT LSI to sell mobility unit to Infineon in $450M deal Chip maker LSI has agreed to sell its mobility products division to Infineon Technologies for $450 million in cash, plus a possible additional $50 million if the unit meets certain performance goals. August 21, 4:46 a.m. PDT RF Micro to buy Sirenza in $900 million deal Mobile phone chip maker RF Micro Devices plans to buy Sirenza Microdevices in a $900 million deal aimed at expanding its presence in WiMax, broadband, cable TV, and wireless infrastructure. August 20, 4:48 a.m. PDT IBM reportedly eyes Wind River deal IBM could establish a strong presence in the market for embedded operating systems with the acquisition of financially ailing Wind River Systems, a deal that is reportedly in the works. August 17, 9:42 a.m. PDT Credit concerns dampen IPO, M&A news IPO news, acquisitions, and strong corporate profits continued to stoke excitement for IT investors this week. Worries about the U.S. housing and credit markets, however, are beginning to cast a shadow on IT sector forecasts for the rest of the year. August 16, 2:17 p.m. PDT Diebold fails to sell e-voting subsidiary Diebold has been unable to sell its electronic voting subsidiary, and has slashed its full-year revenue expectations for Diebold Election Systems due to controversy surrounding e-voting security, the company said Thursday. August 16, 8:19 a.m. PDT Report: Google to acquire, invest in more Chinese companies Google reportedly plans to acquire one or two Chinese companies and invest in up to five more over the next year as part of efforts to gain ground on rival Baidu.com in China. August 16, 4:48 a.m. PDT Citrix to acquire virtualization vendor XenSource for $500M Citrix Systems plans to acquire virtualization vendor XenSource for approximately $500 million to enable the application delivery software vendor to enter both the server and desktop virtualization markets. August 15, 8:16 a.m. PDT aQuantive shareholders approve Microsoft acquisition Shareholders of aQuantive have approved Microsoft's plan to purchase the company, effectively closing the biggest deal in the software company's history. August 13, 9:09 a.m. PDT RSA to buy data leak detection company Tablus EMC's RSA group plans to acquire data leak protection vendor Tablus. August 9, 12:00 p.m. PDT Dell buys Zing, launches Ubuntu in Europe In what could be a new assault on the market for handheld gadgets, Dell has agreed to acquire Zing Systems, a company that makes software for distributing and managing music on mobile devices. August 7, 8:31 a.m. PDT Wipro to acquire US services provider Infocrossing Indian outsourcer Wipro plans to acquire U.S. IT services provider Infocrossing for about $600 million, to fill gaps in its portfolio in hosted and managed IT infrastructure services and network operations centers. August 6, 9:15 a.m. PDT IBM to buy Princeton Softech IBM will acquire Princeton Softech and add the privately held company's software to its arsenal of tools to help enterprises manage growing amounts of data. August 3, 12:21 p.m. PDT Dell buys software asset management company ASAP Software Dell has agreed to acquire ASAP Software in a move to meet demand from large customers for tools and services that help manage their software assets. August 2, 4:42 a.m. PDT HP mum on talk of Bull SA acquisition Hewlett-Packard Wednesday declined to comment on reports that it is in negotiations to acquire Bull SA, a French IT systems integrator. August 1, 4:26 p.m. PDT BPM vendor Metastorm buys Proforma Metastorm acquired Proforma on Wednesday, combining two companies that make software for improving business processes in large organizations. August 1, 9:27 a.m. PDT KPN agrees to acquire Dutch IT services company In search of new revenue streams to offset declining sales from its tradition telephone business, Dutch telecommunications company Koninklijke KPN has agreed to acquire IT service provider Getronics. July 30, 7:55 a.m. PDT Verizon Wireless to acquire Rural Cellular for $2.7 billion Verizon Wireless has agreed to acquire Rural Cellular, a mobile telephone service provider focused on rural areas in the U.S., the companies announced Monday. July 30, 7:38 a.m. PDT Cisco to buy equity stake in VMware Cisco Systems plans to acquire a 1.6 percent equity stake in virtualization software player VMware, mirroring a step Intel took earlier this month. July 27, 7:29 a.m. PDT Microsoft acquires ad exchange company Microsoft has acquired AdECN, a company that offers what it describes as a stock market for display ads. July 26, 1:04 p.m. PDT HP reportedly in talks to acquire French IT company Bull The French Web site Capital is reporting advanced talks between Hewlett-Packard and Bull, saying that HP may offer €720 million ($992 million) to buy one of France's last big IT companies. That would be a premium of about 40 percent over Bull's average share price in July. July 26, 8:17 a.m. PDT AOL buys Tacoda to boost online ad offerings AOL plans to strengthen its online advertising business by acquiring Tacoda, a company that specializes in delivering ads based on users' online activities. July 24, 9:52 a.m. PDT Courts approve EDS India merger with MphasiS The High Court in Karnataka, India, has approved plans by Electronic Data Systems (EDS) to merge its Indian subsidiary with MphasiS, a publicly listed outsourcer in Bangalore. July 24, 4:57 a.m. PDT Nokia buys Twango, plans Seattle office Nokia is getting into the social networking market and establishing a presence in Seattle with the acquisition of Twango, the companies announced late on Monday. July 24, 4:43 a.m. PDT HP looks to stay thin with Neoware purchase It's been a busy Monday for Hewlett-Packard as the company announced not one, but two proposed purchases. Somewhat overshadowed by the $1.6 billion HP is forking over to acquire datacenter automation specialist Opsware, is the $241 million the vendor is offering for Neoware. July 23, 9:14 a.m. PDT Update: HP to acquire Opsware for $1.6 billion Hewlett-Packard plans to buy datacenter automation software vendor Opsware for about $1.6 billion. It's the third-largest acquisition in HP's history after its multibillion-dollar purchases of Compaq and Mercury. July 23, 8:30 a.m. PDT Firefox developers sell Parakey startup to Facebook Social networking site Facebook has bought Parakey, a tiny startup that had been developing software it bills as a Web-based operating system. July 20, 4:36 a.m. PDT Congress to investigate Google-DoubleClick deal A U.S. House of Representatives subcommittee has opened an investigation into Google's proposed $3.1 billion acquisition of online advertising seller DoubleClick. July 19, 9:15 a.m. PDT Xandros buys Linux e-mail vendor Scalix Linux desktop and server vendor Xandros on Wednesday acquired Scalix, which develops an open-source e-mail, calendar, and groupware platform. July 19, 7:12 a.m. PDT Oracle to buy ID theft detection company Bharosa While most of Oracle's recent purchases have focused on growing its applications business, the vendor's latest proposed purchase will beef up its growing identity management operation. July 18, 8:52 a.m. PDT Yahoo buys stake in Indian online ad company Yahoo has acquired a stake in Indian Internet advertising company Tyroo Media to help it capture more of the country's fast-growing online ad market. July 18, 5:08 a.m. PDT Vodafone denies plan to buy Verizon Vodafone Group has denied a Monday report by the Financial Times that it was considering buying Verizon Communications in a huge $160 billion deal. July 16, 12:39 p.m. PDT IBM nets real-time capabilities with DataMirror buy IBM is looking to add real-time capabilities to its data integration software by buying Canadian firm DataMirror for about C$170 million (US$162.3 million). July 16, 8:46 a.m. PDT NEC approached by U.S. fund A U.S. private investment company appears to be trying to grab a larger stake of Japan's NEC Electronics. July 11, 5:21 a.m. PDT SK Telecom denies Sprint Nextel bid talk South Korea's SK Telecom denied on Tuesday a local newspaper report that it is preparing a bid for Sprint Nextel. July 10, 5:58 a.m. PDT Analysis: A business case for security at Google Google believes that its consumer-grade Web applications represent the future of enterprise IT. But while Google is quick to trumpet its products' innovative features, the search giant hasn't said much about their security. Until recently, that is. July 10, 4:29 a.m. PDT Intel Capital to buy $218.5 million share of VMware Intel said Monday it plans to buy a $218.5 million stake in the software firm VMware, bolstering the companies' existing agreement to run VMware's virtualization software on Intel's processors. July 9, 11:12 a.m. PDT Update: Google to buy Postini for $625 million Google has agreed to buy messaging security company Postini for $625 million, a move intended to increase the appeal of Google's hosted software applications among big businesses, the companies announced Monday. July 9, 9:05 a.m. PDT AMD invests in ailing chip company Transmeta Advanced Micro Devices is investing $7.5 million in energy-efficient chip company Transmeta, which has been battling falling revenue and widening losses. July 6, 6:42 a.m. PDT M&A lifts IT as Nasdaq soars With the first six months of the year gone, IT companies are riding high in the markets, and mergers and acquisitions have helped stoke investor interest in technology. July 5, 3:06 p.m. PDT EC approves Fujitsu buy of GFI Informatique The European Commission approved Fujitsu's planned acquisition of French computer services group GFI Informatique, even though the deal is uncertain to materialize. July 3, 10:49 a.m. PDT Autonomy buys e-discovery firm Zantaz Autonomy Corp. is acquiring Zantaz, a provider of e-discovery and content archiving software, for $375 million in cash, the companies announced Tuesday. July 3, 9:05 a.m. PDT Google acquires GrandCentral Following on rumors that a deal was in the works, Google acquired GrandCentral Communications for an undisclosed sum. ![]() July 2, 4:44 p.m. PDT Transaction monitoring specialist adds Actimize Responding to the need among businesses to monitor employee activity for signs of potential cybercrime and fraud, behavior analysis specialist Actimize is being acquired by Nice Systems for roughly $280 million. ![]() July 2, 2:24 p.m. PDT AT&T expands wireless coverage with Dobson buy The iPhone won't be just for customers living in the big cities. On the day it is introducing the hugely hyped cell phone, AT&T announced it will acquire wireless provider Dobson Communications for $2.8 billion in cash. ![]() June 29, 4:03 p.m. PDT Report: Infosys considering Capgemini acquisition India’s second largest outsourcer, Infosys Technologies, is considering a bid for French IT services company Capgemini, according to a newspaper report. June 29, 4:52 a.m. PDT LSI to shed 900 jobs, sell consumer products group Chip vendor LSI has warned investors of a revenue shortfall and said it would eliminate 900 jobs and sell off its consumer products business as part of a plan to cut costs following its April merger with Agere. June 28, 9:16 a.m. PDT Mediasurface to buy CMS vendor Immediacy Mediasurface, a maker of content management software (CMS), will buy Immediacy, also a content management vendor, for £5.6 million ($11.1 million) the companies announced on Tuesday. June 26, 8:16 a.m. PDT Infineon to buy DSL unit from Texas Instruments German chip maker Infineon Technologies has agreed to buy Texas Instruments' DSL Customer Premises Equipment (CPE) business in a deal expected to close by the end of the summer, the companies said. June 26, 4:28 a.m. PDT Nuance buys T9 text-input tool for mobile phones Nuance Communications has agreed to buy the developer of the T9 predictive text input software for mobile phones from current owner AOL. June 22, 4:32 a.m. PDT Report: News Corp. offers MySpace for Yahoo stake News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports. June 20, 9:22 a.m. PDT HP buys Web app security specialist SPI Hewlett-Packard has agreed to buy Web application security specialist SPI Dynamics, just two weeks after IBM announced plans to buy SPI's rival Watchfire. June 19, 5:49 a.m. PDT Update: IBM offers $745 million for Telelogic IBM has offered to buy Telelogic, a Swedish developer of software development tools, in a cash deal valued at 5.2 billion Swedish krona, or about $745 million, the companies announced Monday. June 11, 4:12 a.m. PDT Microsoft buys data management vendor Microsoft has purchased a small, privately held data management company and will use the technology to enhance its SQL Server database, Office, and related business software, the company said Thursday. June 7, 3:25 p.m. PDT IT buyouts and acquisitions going strong Strong corporate financials, eager venture capital, a liberal lending environment, and markets in transition continue to inspire buyouts and acquisitions in the IT world with Avaya and Palm being just two of the high-profile targets this week. June 7, 12:36 p.m. PDT Let's make a deal! There’s a feeding frenzy in the business world these days – deal mania!!! – and you might just get caught up in it. Big money’s on the prowl, looking for companies to buy, combine, or restructure – or at least get their hooks into so that they can consummate a marriage later. ![]() June 7, 3:00 a.m. PDT Google acquires server software company PeakStream Google on Tuesday acquired PeakStream, a Redwood City, Calif., developer of software for multicore and parallel processors, the company said. June 6, 7:11 a.m. PDT IBM to buy Web app security vendor Watchfire IBM liked Watchfire's Web application security software so much it plans to buy the company for an undisclosed sum, it said Wednesday. June 6, 6:04 a.m. PDT Avaya to be sold for $8.2 billion Network equipment manufacturer Avaya late Monday agreed to a $8.2 billion cash buyout by private equity firms TPG Capital and Silver Lake Partners, the companies announced. June 4, 9:07 p.m. PDT Flextronics to acquire Solectron in $3.6 billion deal Flextronics International plans to acquire rival Solectron to create an electronics manufacturing services powerhouse with more than $30 billion in annual revenue, Flextronics announced Monday. June 4, 10:35 a.m. PDT Investment firm attracted to Palm's software expertise One of the main attractions of Palm's business was its software expertise, according to private-equity firm Elevation Partners, which plans to acquire about 25 percent of the struggling mobile device maker. June 4, 9:19 a.m. PDT Palm gets private-equity bailout Palm Inc.'s financial future looked a little more secure Monday as private-equity firm Elevation Partners said it will pump US$325 million into the mobile device manufacturer. June 4, 6:30 a.m. PDT EMC buys authentication service provider Verid Looking to extend its RSA division's authentication product line, EMC has purchased identity verification services vendor Verid. June 4, 4:21 a.m. PDT Google buys FeedBurner to boost RSS services Google has acquired FeedBurner, a provider of publishing and advertising services for blogs and content syndication feed. June 1, 12:36 p.m. PDT > Business |
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