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HP to Buy Electronic Data Systems for $13.9 Billion

Hewlett-Packard announced that it would buy services outsourcing EDS company for about $13.9 billion. The news was broken today in a joint press statement from the two companies. HP will completely buy EDS in order to strengthen its position on the market and compete with rivals such as IBM."The combination of HP and...

13 May 2008
11:15 GMT

Jack Thompson Wants to Help EA Buy Take Two

If somebody decided to write a book about everything Jack Thompson did during his career as an attorney, he or she would definitely win some prizes. However, it would be sad to see a book now, with so many things happening and showing no signs of stopping. Jack Thompson is, more than anything, an attention seeker - I...

4 March 2008
03:51 GMT

Canon Acquires a Quarter of Hitachi's LCD Business

Hitachi has announced that it has inked a purchase agreement with its former rival company Canon that will lead to a LCD panel business alliance. Hitachi has previously sold an important part of its Display Unit shares to Matsushita Electric Industrial Co. who manufactures LCD TVs under the Panasonic brand.The agreem...

28 February 2008
06:55 GMT

Trend Micro Signs Buyout Deal With UK Software Encryption Firm

Antivirus software company Trend Micro has just announced the purchase of Identum, an e-mail encryption software vendor based in the United Kingdom. The acquisition will "ensure an even safer, more secure Internet experience for the company's global customers," said Trend Micro in the press release.Identum is kn...

26 February 2008
03:55 GMT

Transmeta to Munch on Buyout Offer, Hires Financial Council

Chip designer Transmeta has had quite a bad year and the third quarter revenue reached a faint $44,000, which simply drove its shareholders mad. Poor performance on the market and its faulty management lead to a catastrophic series of events that will finally render the company to bankruptcy.Riley Investment Manageme...

8 February 2008
04:30 GMT

Microsoft Out to Buy Yahoo! Once Again

It's not official, but it's from an official statement. It's not what Microsoft said but what the Redmond whale implied that gave the rumor water to grow. First there was a Microsoft executive that outlined the plans for the company to improve its online search market share from about 10 percent to abo...

19 November 2007
06:18 GMT

Networking Equipment Manufacturer 3Com Changes Hands

Networking equipment and general communication hardware manufacturing company 3Com will soon change hands as the company announced that it will be bought by two other companies, the Chinese Huawei Technologies, itself a communication equipment producer and the equity company Bain Capital.The deal is reported to have ...

1 October 2007
08:31 GMT

IBM's Expansion Plans

IBM wishes to expand its Information on Demand strategy by adding the small company Princeton Softech to its acquisition list. Princeton Softech is a company specialized in data archiving and privacy compliance monitoring software and its acquisition by IBM will lead to an increase of the giant's data management...

4 August 2007
05:50 GMT




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