Panasonic launches bid to acquire Sanyo
Japanese consumer electronics giant Panasonic has finally launched their bid to acquire a majority stake in rival company Sanyo.
The company is offering £2.7 billion for this stake.
Panasonic is said to be primarily interested in the Sanyo’s green business related to solar panels and rechargeable batteries.
Sanyo has clients like [...]
Intuit: Mint.com acquisition complete
Intuit has announced that they have completed the acquisition of rival company Mint.com.
The deal was announced several weeks ago and it was around USD 170 million.
Mint.com CEO Aaron Patzer would now become the vice president and general manager of Intuit’s personal finance group.
This group is responsible for Quicken range [...]
comScore acquires Certifica
Web analytics company comScore has announced that they are acquiring Certifica.
Certifica provides similar solutions and is based in Latin America.
comScore said that this deal would help them expand their operations in this new market.
comScore has been making these small acquisitions to expand their presence globally.
They had acquired M:Metrics [...]
Cisco now acquiring ScanSafe
ScanSafe has become the latest acquisition by Cisco Systems.
This deal is worth around $183 million.
Cisco said that this acquisition would further boost their range of products and services.
ScanSafe provide solutions which are delivered through a software-as-a-service model.
Checkout: ScanSafe
Thomson Reuters to acquire Breakingviews.com
Thomson Reuters has confirmed that they have offered an acquisition deal to Breakingviews.com.
The company said that Breakingviews directors have already accepted the offer and they now need the permissions from the shareholders.
The deal is said to be worth around £13 million.
Thomson Reuters said that after the acquisition, Breakingviews [...]
Cisco acquiring Starent Networks for USD 2.9 billion
Cisco is on an acquisition spree! They are now acquiring Starent Networks for around USD 2.9 billion.
Starent Networks specializes in developing products that enable mobile companies to delivery large amount of data to mobile devices.
Cisco representative Ned Hooper spoke about this deal: “We have had [...]
Compuware to acquire Gomez
Compuware has announced that they are now acquiring Gomez.
The deal is worth around USD 295 million.
Compuware said that they are aiming to close this acquisition deal by November this year.
Compuware Chief Operating Officer Bob Paul had this to say about this deal: “Businesses are experiencing a revolution that [...]
Cisco Systems to acquire Tandberg
Tandberg is the latest acquisition being planned by Cisco Systems.
Tandberg specializes in manufacturing video conferencing equipments.
The deal is worth around USD 3 billion.
The company spoke about this deal: “Tandberg’s board of directors has unanimously decided to recommend to its shareholders to accept the Offer.”
market analysts believe that this [...]
AT&T acquires Plusmo
US based mobile service provider AT&T has announced that they are now acquiring mobile development company Plusmo.
The company now aims to use their technology to develop applications for mobile devices and television.
Plusmo provides a development platform for widgets and other applications which can be used on mobile devices.
It would now [...]
Comcast in talks to acquire NBC Universal!
Market sources say that Comcast is in talks with GE to acquire their NBC Universal unit.
NBC Universal is made up of several properties including: NBC broadcast network, Universal movie studio, and a couple of television channels.
Comcast has denied these market reports. Sources however claim that the [...]
