closing management team in news
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Cisco grabs IronPort for $830m
News The acquisition is subject to various standard closing conditions. IronPort, which sells email security appliances that filter email by sender reputation, as well as web security and security management products, will become a Cisco unit. [05 Jan 2007]
Brocade snaffles McData for $713m
News The deal is valued at $4.61 per share, a 62 per cent premium over McData's closing price on Monday. Last year, Brocade unveiled its Tapestry product line, which is designed to improve customers' management of information stored in their data centres. [09 Aug 2006]
Seagate snaps up Maxtor for $1.9bn
News Maxtor CEO and chairman CS Park will become a director of Seagate upon the closing of the transaction. Seagate's executive management team will continue to serve in their current roles. Seagate has announced plans to acquire long-time rival Maxtor... [21 Dec 2005]
McAfee makes Sparta-n sale
News Upon closing the deal, McAfee said the research group will become a part of Sparta's information assurance business. For its part, McAfee Research conducts computer and network security research focused on intrusion prevention, malicious code... [13 Jan 2005]
CIO Jury: Is there a boardroom IT credibility gap?
News Mark Foulsham, head of IT at online insurance firm esure, said the credibility gap is closing. The bottom line is that although IT is critical to most businesses today it is not as important at a strategic level and CIOs need to realise that as... [22 Jul 2004]
Yahoo! CEO nets $60m
News Since then, the company's shares have surged to a 52-week high of $56.24, closing Wednesday at $54.69 a share. The management team has done a phenomenal job since taking over, led by Mr. CEO Terry Semel has added roughly $60m to his wealth after... [15 Apr 2004]
EMC lands Documentum for $1.7bn
News That puts a nearly 29 per cent premium on Documentum's stock, based on the companies' closing prices on Monday. The final value of the deal will be based on an average of the two companies' shares relative to their closing prices before and after... [15 Oct 2003]
Travelocity battles takeover bid
News Sabre today said the $23 offer price represented a 19.8 per cent increase over Travelocity's closing price of $19.20 on February 15, the last trading day before Sabre announced its takeover plans. Sabre said it had no plans to change the management... [05 Mar 2002]
John Lewis buys up Buy.com to gain clicks expertise
News It is also selling or closing its Canadian and Australian operations. John Lewis has a fabulous brand and Buy.com has a very well thought-of management - a very capable team. Last year, John Lewis bought a 40 per cent stake in Last Mile Solutions... [05 Feb 2001]
Seagate goes private in $20bn deal
News Meanwhile, Seagate stockholders will receive approximately $77.50 per share - almost $3 above yesterday's closing market price. The deal involves an investor group made up of Silver Lake Partners, the Seagate management team and Texas Pacific... [30 Mar 2000]
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