PVR Cinemas acquiring DT Cinemas

PVR Cinemas acquiring DT Cinemas
Here in Gurgaon DT Cinemas is the last option we pick if we are planning to watch a movie. Tickets are expensive and the experience is disappointing.
DT Cinemas has apparently realized this as they are now selling their business to rivals PVR Cinemas.
PVR also now gets the right to [...]

Hewlett-Packard acquiring 3Com

Hewlett-Packard acquiring 3Com
US based personal computer maker Hewlett-Packard has announced that they are acquiring 3Com.
This acquisition deal is worth around USD 2.7 Billion.
Market analysts believe that this deal would help HP expand their business operations in China where 3Com has extensive presence.
The company directors have approved this deal. HP said: “Based on [...]

Logitech acquiring LifeSize Communications

Logitech acquiring LifeSize Communications
Computer hardware manufacturer Logitech has announced that they are now acquiring LifeSize Communications.
LifeSize Communications specializes in manufacturing HD video communications equipments.
This acquisition deal is worth around USD 405 million and it would be conducted in a cash only transaction.
Logitech is one of the biggest manufacturers of webcams in the [...]

Panasonic launches bid to acquire Sanyo

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: 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

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

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 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

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 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 [...]

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