HP taking aim on IBM with risky $13.2B acquisition of EDS

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.

Heineken loses fizz through S&N acquisition

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 a drag on first half earnings despite a rising thirst among consumers for its premium brands.

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.

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...

EU approves Nokia's acquisition of NAVTEQ, Google signs with Tele Atlas

In the brave new world of GPS, Nokia and NAVTEQ are one as are TomTom and Tele Atlas. At least that will be the picture within 5 business days. With the European Commission's "unconditional approval" granted, Nokia can now close the deal on its planned, $8.1 billion acquisition of NAVTEQ. What makes the whole thing a bit more interesting is that Google signed a long term agreement with Tele Atlas on Monday which gives it access to Tele Atlas maps for use in any of Google's mobile, desktop, and on-line offerings. A move likely to put Android in even greater competition with Nokia which opted out of the Open Handset Alliance. Good times. Read -- EU approves acquisition Read -- Google's deal with Tele AtlasPermalink | Email this | Comments

CBS closes CNET Networks acquisition (CNET)

CNET - CBS announced Monday it completed its $1.8 billion acquisition of CNET Networks, publisher of many Web sites including CNET News.com, setting the stage for expanding its CBS Interactive division into five categories.