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

Sun Microsystems to cut 3000 jobs
Sun Microsystems has announced that they would cut around 3000 jobs sometime next year.
Sun is in the process of getting acquired by Oracle and they are looking for approval from the European regulatory bodies.
The delay means that Sun is losing money and they have to cut costs to stay [...]

Sprint Nextel to acquire IPCS
US based mobile service provider Sprint Nextel has announced that they are acquiring IPCS.
This deal would be worth around $426 million.
Industry experts said that this deal had become necessary for them to avoid getting ordered to divest some of its push-to-talk subscribers.
A company representative added: “It resolves the outstanding [...]

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 [...]

BusinessWeek to be acquired by Bloomberg
Bloomberg has won the bid to acquire BusinessWeek.
Bloomberg and BusinessWeek have not revealed the financial aspects of this acquisition deal.
They are expecting the deal to close by December this year.
Daniel L. Doctoroff, president of Bloomberg spoke about this acquisition deal: “The BusinessWeek acquisition will yield huge benefits for [...]

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 [...]