acquisition in news

Yahoo! profits dip - yet claims 'strong' Q2

News Revenue increased eight per cent to $1.35bn, excluding commissions called traffic acquisition costs that are paid to advertising partners. Yahoo! s earnings for its second quarter came in one cent lower than expectations, with net income declining... [23 Jul 2008]

LiMo adds Openwave browser to arsenal

News Through the $32m acquisition of Openwave's mobile-client business, Purple Labs said it now supplies mobile-browser software to all of the top five phone manufacturers, which together produce more than 80 per cent of the world's mobile phones. [07 Jul 2008]

Oracle sees strong software profits

News In April, Oracle completed its $6.7bn acquisition of BEA Systems. Software licensing drove a healthy increase in revenue for Oracle during its fourth quarter. For the quarter, which ended 31 May, the enterprise software giant reported revenue of... [26 Jun 2008]

Microsoft's future in the post-Bill Gates era

News acquisition and think Microsoft's Live initiatives are a big waste of time, money and resources," she said. Bill Gates steps down as Microsoft chairman on 27 June, effectively ending his day-to-day involvement with the company. [24 Jun 2008]

London Stock Exchange to ramp up electronic trading

News In September, the platform will begin to offer trades in Italian equities, following the acquisition of the Borse Italia by the LSE in June 2007. The London Stock Exchange (LSE) has celebrated the first anniversary of the launch of its electronic... [20 Jun 2008]

Microsoft, Yahoo! talks break down

News shares fell 10 per cent as final hopes of a full or partial acquisition faded. finally, formally failed and Yahoo! said it would let Google sell search ads on its site. Separate statements from Microsoft and Yahoo! [13 Jun 2008]

BT buys into videoconferencing

News BT announced yesterday it has completed the acquisition of Wire One Holdings, a specialist US videoconferencing company, for an undisclosed amount. According to Aaron McCormack, chief executive of BT Conferencing, Wire One "is one of the leaders in... [03 Jun 2008]

Vodafone CEO Arun Sarin to retire

News In the latter he led the acquisition of network operator Hutchison Essar, the largest foreign investment in the country to-date. Mobile operator Vodafone has announced its CEO Arun Sarin is to retire. [27 May 2008]

Mothercare web sales boom

News The results come against a background of severely reduced profits for the retailer as a result of one-time charges incurred by integrating recent acquisition Early Learning Centre. Our prospects for growth are driven by further benefits from the... [22 May 2008]

Microsoft to woo online searchers with cash back

News The cash back Live Search programme is based on last year's Jellyfish.com acquisition. Microsoft has announced a programme to give customers cash back when they use Microsoft's Live Search as the starting point when making a purchase. [22 May 2008]

Credit crunch not hitting IT spend

News SaaS, business process utility, infrastructure utility, remote-management services and cloud computing are the key "alternative delivery and acquisition models" respondents to the survey said they are most interested in. [21 May 2008]

Microsoft resumes Yahoo! chat up

News rather than a full acquisition. but not an acquisition of all of Yahoo! It added it had confirmed with Microsoft it was not interested in "pursuing an acquisition of all of Yahoo! Icahn launched a proxy campaign on Thursday to replace Yahoo! [19 May 2008]

HP seals $13.9bn deal for EDS

News EDS stockholders will receive $25 for each share and the acquisition is subject to customary closing conditions, including the receipt of domestic and foreign regulatory approvals and the approval of EDS's stockholders. [13 May 2008]

HP close to buying EDS for $12bn

News The potential acquisition was the first big move by then-CEO Carly Fiorina. If the acquisition should go through, HP would have a stronger competitive hand against IBM as they compete for business customers. [13 May 2008]

Google targets business with Postini-based security app

News The company turned its FrontBridge acquisition into Microsoft Exchange Hosted Services, which includes security. Google has announced a re-branded web security for Enterprise based on the Postini technology it acquired last year. [12 May 2008]

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