Sprint Nextel has offered US $2.1 billion, or $2.90 a share, for the nearly one-half interest in mobile broadband firm Clearwire that the company doesn't already own. Sprint, in a filing with the U.S. Securities and Exchange Commission ...
Tags: Computer Products, Clearwire, stockholders, Sprint
Oracle will announce a new IaaS (infrastructure-as-a-service) offering at the upcoming Oracle OpenWorld conference in San Francisco, CEO Larry Ellison said. The service will provide customers with access to secure, virtualised compute ...
Tags: cloud, cloud infrastructure, Ellison, HP, OpenWorld, Oracle
Oracle on Tuesday reported that net income jumped 18 percent to US$2.6 billion while revenue rose 3 percent to$9.1 billion for the second quarter,but the company's hardware revenue continued to show weakness. Hardware systems product ...
Tags: Oracle, net income, hardware, software
SAP has laid out a set of pricing and policies for tying together its array of cloud-based and on-premises applications, providing some options at no charge, but others that will cost customers additional money. Application integration is ...
Tags: cloud, SAP, cloud integrations, Application integration
With each year, Oracle becomes a bigger company and in turn, so does its annual OpenWorld conference, which kicks off Sunday in San Francisco. In fact, Oracle's long run of acquisitions, spanning from applications to middleware to ...
Tags: Oracle, OpenWorld conference, 2012
Aptus Endosystems, a developer of endovascular aneurysm repair (EVAR) technology, has completed $25m series BB equity financing. Aptus will use the finance to expand commercialization of its HeliFX Aortic Securement system in the US and ...
Tags: Aptus Endosystems, endovascular aneurysm repair technology
Sprint Nextel has offered US $2.1 billion, or $2.90 a share, for the nearly one-half interest in mobile broadband firm Clearwire that the company doesn’t already own. Sprint, in a filing with the U.S. Securities and Exchange ...
US retailer Supervalu, battling to revitalise its business, has decided to close around 60 stores. Supervalu, which has a network of about 4,400 outlets across the US, said it would shut the "under-performing or non-strategic stores" in ...
Tags: Supervalu, under-performing stores, non-strategic stores
A sale of Supervalu to private-equity firm Cerberus Capital Management could lead to a break-up of the US retailer, sources have told Reuters. Buyout firm Cerberus is reported to be preparing a takeover bid for Supervalu, with an eye ...
Tags: Supervalu, takeover bid, Buyout, falling sales
UK-based private-label ice cream maker R&R Ice Cream has acquired Italian ice cream manufacturer Eskigel. The acquisition, for around EUR77m (US$94.5m), will give R&R an "immediate and major" presence in Europe's largest ice cream ...
Tags: acquisition, R and R, Eskigel, ice cream
Carl Zeiss,Philips and Samsung Ventures to be among guests at the Bordeaux convention. Giorgio Anania Invest in Photonics,the business partnering convention held in Bordeaux,France,has announced the names of three key speakers for ...
Tags: Photonics, key speaker, France, invest
Atlas Iron Limited announced that it has completed the Company's previously foreshadowed USD 325 million financing package,ensuring Atlas remains firmly on track to meet its Pilbara iron ore production target of 12 million tonnes per annum ...
Tags: Atlas Iron, financing package, Pilbara iron ore, capital management
UK-based pulp‚ paper and packaging group Mondi has announced that it successfully acquired Nordenia‚ a worldwide operating manufacturer of flexible packaging‚ technical films‚ and product components for €259m. ...
Tags: packaging, Mondi, technical films
Global professional services company Towers Watson is planning to acquire DaVinci Consulting, a boutique actuarial consulting firm, in an effort to enhance its capabilities in the long-term care insurance market. Financial terms of the ...
Tags: Towers Watson, DaVinci Consulting, care insurance, life insurance
Takeover talks between private-equity firm Cerberus Capital Management and US retailer Supervalu Inc are reportedly continuing despite rumours discussions had stalled. Negotiations between Supervalu and Cerberus were held this weekend, ...
Tags: takeover talks, retailer, Supervalu Inc, Cerberus Capital Management