HP taking aim on IBM with risky $13.2B acquisition of EDS
May 13, 2008
Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.
Sizing up the NVIDIA-VIA acquisition rumors
Intel's Larrabee may make for strange bedfellows.Once bitter chipset rivals, NVIDIA and VIA are reportedly in talks that might lead to the acquisition of the Taiwanese manufacturer. VIA has denied such discussions, but with revenue down over 50 percent from the company's heyday, a buyout may be inevitable. Read More...
MySQL users mostly unfazed by Sun acquisition (InfoWorld)
InfoWorld - Customers at the MySQL conference this week said Sun's acquisition of the database company could increase MySQL's credibility among senior IT decision makers still skittish about using open-source software.
Microsoft Abandons Yahoo Acquisition...
PC World - Microsoft has dropped its nearly three-month-long pursuit of Yahoo, ending a historic acquisition attempt whose failure takes...
Pulse Health completes CPHC acquisitions
Pulse Health says it has completed the acquisitions of four businesses owned by Community Private Health Care(CPHC).
MySQL Users Mostly Unphased by Sun...
PC World - Customers at the MySQL conference this week said Sun Microsystems' acquisition of the database company could increase MySQL's...
04/16/08
Business news about Acquisition
VDM narrows search for four acquisitions
Engineering firm VDM Group has narrowed its acquisition search to four potential business.
06/24/08
Business news about Acquisition
Woolies' acquisition drive blocked
Independent retailers claim victory after the ACCC blocks Woolies' strategy of 'creeping' retail acquisitions.
06/25/08
Business news about Acquisition
Quest Funds Acquisition With Offering
The oil and gas company priced its 8.8 millon share offering at $10.25 a share, the proceeds of which will help fund its recent acquisition.
07/02/08
Business news about Acquisition
France Telecom considers acquisitions as it reports growth in 1Q revenue, margins
France Telecom SA on Wednesday reported growth in first-quarter revenue and profit margins and said it is ready to seek acquisitions to enhance its presence in both emerging markets and Western Europe.
Schering-Plough posts 48 percent drop in first-quarter profit after major acquisition
Schering-Plough Corp. on Wednesday reported a 48 percent plunge in first-quarter net income, due to increased spending on research, higher overhead and costs related to a huge acquisition in the prior quarter.
IBM Mainframe Acquisition Raises...
PC World - A trade group raises concerns about IBM's acquisition of a competing mainframe vendor.
07/02/08
Business news about Acquisition
OMX Acquisition Boosts Nasdaq
Nasdaq OMX's net income soared amid the February acquisition of Nordic and Baltic exchange operator OMX.
Acquisition Costs Hit Schering-Plough
Schering-Plough posted a 48% drop in first-quarter net income on costs associated with the drug maker's acquisition of Organon BioSciences.
China sets up committee for merger...
AFP - China has set up a committee to oversee mergers and acquisitions in listed firms to streamline approval procedures and encourage industry consolidation, state media said...
02/22/08
Business news about Acquisition
Heineken loses fizz through S&N...
Heineken, the giant Dutch brewer which recently bought out Scottish &
Newcastle (S&N) in partnership with its rival Carlsberg, today said the
£10 billion acquisition had been...
Acquisitions help push Vodafone's 3Q...
Canadian Press - LONDON - Vodafone Group PLC, the world's biggest mobile phone company by sales, reported a 16 per cent jump in quarterly revenues Thursday, boosted by...
01/31/08
Business news about Acquisition
Schering-Plough 1Q profit drops 48% after major acquisition (AP)
AP - Schering-Plough Corp. on Wednesday reported a 48 percent plunge in first-quarter profit, primarily from costs related to its biggest acquisition ever, but the drugmaker trounced Wall Street expectations.
CBOT Acquisition Boosts CME's Net
CME's net income more than doubled amid last year's acquisition of the Chicago Board of Trade and surging volumes resulting from recent market volatility.
Whole Foods acquisition crimps...
Reuters - Whole Foods Market Inc on
Tuesday posted lower quarterly net profit, missing analysts'
estimates by a penny, as it booked charges related to its $565
million...
Icap targets acquisitions as profits...
Michael Spencer, the chief executive of Icap, said today that the world's
largest interdealer broker was firmly in the market for acquisitions,
despite early indications that...
Macworld - Microsoft abandons Yahoo acquisition
Microsoft has dropped its three-month-long pursuit of Yahoo, the software giant announced Saturday.
Qinetiq targets more acquisitions in...
Qinetiq, the UK defence contractor, said today it was eyeing more acquisitions
in the US after seeing a surge in demand for a bomb disposal robot used by
the US military in...
Acquisitions Boost Nucor's Profit
Nucor's profit rose 7.5% as acquisitions and higher steel prices boosted sales, but the steel company gave a muted outlook.
Tesco pays £958m for Korean stores...
Tesco stepped up its drive to rival Wal-Mart on the international stage
yesterday by announcing a £958 million acquisition that transforms its
prospects in South Korea.