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BEA sets buyout terms
News The announcement comes as the enterprise software maker is feeling pressure to enter merger talks with Oracle, which earlier this week gave BEA a Sunday deadline for its current buyout proposal. BEA Systems said on Thursday that it's willing to sit...
[October 25, 2007, 16:35]
Oracle withdraws BEA buyout bid
News Oracle on Sunday pulled its $6.7bn (£3.3bn) buyout offer for BEA Systems, after the middleware maker refused to entertain its $17-a-share bid before the deadline expired. Oracle's action was largely anticipated, given the line in the sand the...
[October 29, 2007, 7:21]
Deja.com struggles after Google buyout
News Deja.com, a popular newsgroup search service, has been hit with glitches after its buyout this week by Web search provider Google, ruffling the feathers of some longtime customers. But that's led to complaints by some Deja users, who say a new...
[February 16, 2001, 8:47]
VoiceStream up on buyout rumours
News Shares of VoiceStream Wireless jumped in pre-market trading, after reports surfaced about a possible buyout. Germany's Deutsche Telekom is rumoured to be interested in the firm. The Financial Times reported that Deutsche Telekom is considering a...
[July 11, 2000, 13:50]
OpenOffice.org 'optimistic' over Oracle's Sun buyout
Blog The OpenOffice.org team has welcomed Oracle's acquisition of Sun Microsystems, following the buyout's announcement on Monday. John McCreesh, OpenOffice.org's marketing lead, told ZDNet UK that the team - whose free office productivity software...
[April 20, 2009, 17:08]
US Justice Department OKs BT's MCI buyout
News Department of Justice announced on Monday it has conditionally approved British Telecommunications PLC's $20 billion-plus buyout of MCI Communications Corp.the largest takeover of a U.S.based company by a foreign concern.
[July 8, 1997, 15:43]
Yahoo rejects 'absurd' Microsoft-Icahn buyout offer
News Yahoo announced on Saturday night that it had rejected a joint buyout proposal offered on Friday night by Microsoft and investor activist Carl Icahn. The buyout proposal called for a "complex restructuring" and sale of Yahoo's search business to...
[July 14, 2008, 11:38]
Sun rejects IBM buyout offer, bid withdrawn
News Sun rejected IBM's formal buyout offer on Saturday, calling the bid insufficient and putting future deal talks at risk, according to a report on Sunday in The Wall Street Journal. IBM, in turn, withdrew its buyout offer.
[April 6, 2009, 8:57]
Napster buyout blocked
News A federal judge on Tuesday blocked the $9m (£5.8m) sale of Napster to German media giant Bertelsmann, a decision likely to force the onetime file-swapping powerhouse out of business. The surprise decision isn't likely to have much effect on the...
[September 4, 2002, 7:36]
BEA agrees to Oracle buyout
News Oracle plans to acquire middleware maker BEA Systems for $8.5bn (£4.3bn) in cash, the company announced on Wednesday. Under the deal, expected to close by the middle of the year, Oracle will pay nearly $19.38 per share.
[January 17, 2008, 9:04]
A Year Ago: Compaq's Digital buyout is IT's biggest yet
News Compaq and Digital today shocked the IT world by saying they had entered into a $9.6 billion definitive merger agreement, the largest acquisition ever in the computing sector. The deal will be accounted for in cash and stock.
[January 25, 1999, 6:25]
Terra hits WAP scene with iobox buyout
News Spain's Terra Mobile made the first big acquisition of its short life Tuesday with the purchase of wireless portal iobox for 230m euros (about £140m). The move fuels the wireless Internet ambitions of telco Telefonica and Internet service provider...
[July 25, 2000, 16:41]
PeopleSoft buyout 'would be anticompetitive'
News .IBM has told the US Department of Justice (DoJ) that if Oracle was allowed to acquire Peoplesoft, it would reduce the enterprise software market to dependency on a few huge players. According to a report in Tuesday's Financial Times, IBM was...
[September 9, 2003, 17:20]
Compaq's Digital buyout is IT's biggest yet
News Compaq and Digital today shocked the IT world by saying they had entered into a $9.6 billion definitive merger agreement, the largest acquisition ever in the computing sector. The deal will be accounted for in cash and stock.
[January 26, 1998, 12:08]
New Vivendi buyout rumours boost Scoot
News Shares in Scoot (quote: SCO), the UK-based directory service, soared for a second day Wednesday morning as rumours of a takeover by France's Vivendi Universal resurfaced. By 10.18am GMT, the company's stock was up 17-3/4 pence or 24 percent at 92...
[January 10, 2001, 10:29]
Buyout to give speech a bigger voice
News Lernout & Hauspie (L&H) beefed up its push to be the dominant force in voice and language recognition by agreeing to buy long-term rival Dragon Systems. The deal, coming on top of a recent agreement to purchase Dictaphone, should help the Belgian...
[March 28, 2000, 13:30]
HP close to EDS buyout
News HP is in talks to buy Electronic Data Systems, HP confirmed on Monday. The Wall Street Journal initially reported that the two have been in talks for HP to buy EDS for $12bn to $13bn (£6.2bn to £6.8bn), citing unnamed sources.
[May 13, 2008, 12:35]
Buyout could benefit both BEA and Oracle
News In a new attempt to extend its series of major software company acquisitions, Oracle has offered to purchase rival BEA Systems for $17 (£8) per share, or a total of about $6.66bn (£3bn) in cash — but BEA has rejected the offer as too low.
[October 15, 2007, 12:56]
No change for Packard Bell after NEC buyout
News PB is following the trend towards hi-fi controls, incorporating CD, phone, fax and the Internet access into one external console that sits below the monitor, called MediaSelect. Also featured are a remote control and FastKey, a hotkey which...
[September 4, 1996, 11:21]
McAfee makes Secure Computing buyout bid
News Security vendor McAfee announced on Monday that it has a deal in place to acquire Secure Computing. The merger offer stands at $5.75 (£3.12) per common share in cash, which McAfee said represents a total equity value of about $413m.
[September 22, 2008, 15:16]
