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Foxconn Offers A Lifeline To Struggling Sharp Corp.
Foxconn Technology Group, the world’s largest contract electronics manufacturer, has offered about ¥600 billion ($5.1 billion) to buy ailing Japanese electronics maker Sharp Corp., …
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Nokia Sells Its Mapping Unit To German Carmakers For $3.1 Billion
Nokia, the Finnish telecommunications company, announced an agreement on Monday to sell its digital mapping unit and location services for $3.1bn to a consortium of …
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eBay to sell enterprise unit for about $900 million
E-commerce company eBay Inc is closing in on a deal to sell its Enterprise unit to consortium led by London-based private equity firm Permira for …
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We need more than just Government Regulation in the fast-consolidating Telecom sector
Imagine a world in which all Internet and video programming access are controlled by a single large firm – a communication Goliath. Subscribers would …
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The Curious Case of Mega Mergers of Internet companies
An increasingly large number of publicly traded consumer internet companies are taking a greener path by going private, which is acting as a catalyst …
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LA Times publisher, Tribune Publishing to buy UT-San Diego for $85 million
Tribune Publishing on Thursday agreed to purchase U-T San Diego newspaper for $85 million, giving the company a grip over the publishing business in …
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Capgemini to acquire U.S.-based IGATE in $4 billion deal
French IT services giant Capgemini SA said on Monday it planned to acquire New Jersey-headquartered IGATE Corp in a cash deal for $4 billion …
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LinkedIn acquires education site lynda.com for $1.5 billion
The career social network LinkedIn announced Thursday that it was acquiring lynda.com, a company that specializes in online professional training videos and tutorials in …
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Royal Dutch Shell in advanced discussions to buy Britain’s BG Group
According to reports, Royal Dutch Shell PLC is in advanced talks to acquire British gas producer BG Group PLC, which has a market value …
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CBRE to acquire Johnson Controls unit for $1.475 billion
Commercial real estate services company CBRE Group Inc. has agreed to acquire the Global WorkPlace Solutions business of Johnson Controls Inc. for $1.475 billion in cash, …
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UnitedHealth Group to acquire Catamaran in a $12.8 billion deal
Health insurer UnitedHealth Group Inc. has announced that it has reached an agreement to purchase Catamaran Corp in a deal worth about $12.8 billion …
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Lexmark enters agreement to buy business software brand Kofax for $1 billion
Lexmark International, known for its printers, announced Tuesday that it will acquire Kofax, a California-based software developer company, for $1 billion deal. PC and …
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ChemChina seals deal to buy Formula 1 tyre maker Pirelli for $7.7bn
State-owned China National Chemical Corp (ChemChina) announced plans Monday to acquire Italian tire manufacturer Pirelli in a US $7.7 billion deal (€7.1 billion /5.1 …
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Spanish lender Banco Sabadell to acquire British bank TSB in £1.7bn deal
Sabadell, Spain’s fifth-biggest bank, on Friday clinched a 1.7 billion pounds (US$2.5 billion) deal of British bank TSB in one of the largest cross-border …
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Twitter acquires Periscope for slightly less than a $100 million
According to people familiar with the deal, Twitter has acquired the yet-to-launch live-streaming application, Periscope which is still under its beta testing. All of …
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AbbVie to acquire cancer drug maker Pharmacyclics in $21bn deal
US-based biopharmaceutical firm AbbVie announced Wednesday that it has agreed to acquire Pharmacyclics Inc for about $21 billion. The deal would give AbbVie control …
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Springleaf to acquire OneMain Financial for $4.25 billion
Springleaf Holdings Inc said Tuesday that it would acquire OneMain Financial a subprime lender from Citigroup for a cash price of $4.25 billion. Springleaf …
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HP Acquires Aruba Networks for $2.7B to Expand Wireless-Networking Business
Hewlett-Packard has struck a deal to acquire Wi-Fi network gear maker Aruba Networks Inc for about US$2.7 billion, in what amounts to the biggest …
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Infosys buys automation technology provider Panaya for $200 mn
Infosys, India’s second biggest IT outsourcer on Monday announced that it has signed a definite agreement to acquire US-based automation technology company Panaya, in an …
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Online travel giant Expedia to acquire rival Orbitz for $1.6 billion
Just three weeks after acquiring Travelocity for $280 million, online travel giant Expedia has agreed buy Orbitz Worldwide in a deal valued at $1.6 …
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Microsoft officially confirms acquisition of calendar app maker Sunrise for estimated US$100m
Microsoft on Wednesday announced that it has acquired Sunrise Atelier Inc., the maker of the Sunrise calendar application for android and iOS devices. Microsoft first made …
