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Satyam to sell controlling stake in business
News The government is hoping that the sale of a controlling stake in the company, which has lost around 80 percent of its market value since January, will restore confidence in Satyam's future, the SEBI said in the statement.
[March 9, 2009, 14:33]
News Burst: Energis to buy stake in Geo
News Telecoms operator Energis is set to take a stake in Geo Interactive Media, an Israel-based maker of audio and video streaming technology. Energis will pay £7.5m for a 5.6 percent stake, giving it exclusive European rights to the proprietary Emblaze...
[November 11, 1999, 9:47]
Google sells stake in Baidu
News Google has unloaded its stake in Chinese Internet search company Baidu. Google sold its 2.3 percent stake in Baidu for $60m (£33m), according to the Financial Times. The search giant has sold its 749,625 Baidu shares, which it purchased for $5m...
[June 23, 2006, 14:35]
BT sells French stake to Vodafone
News BT today announced that it has agreed to sell its 26 percent stake in French fixed line operator Cegetel to Vodafone for £2.5bn in cash. Vodafone will also buy US-based SBC's 15 percent interest in the company for £1.5bn, giving it a 41 per cent...
[October 16, 2002, 15:39]
Cisco takes stake in VMware
News Cisco announced on Friday that it will take a 1.6 percent stake in virtualisation specialist VMware. Some of the IT industry's best-known names have already taken a stake in VMware. In return, VMware has agreed to consider the appointment of a...
[July 27, 2007, 17:29]
Nokia takes stake in Redback Networks
News Nokia on Wednesday said it would take a 10 percent stake in struggling communications-equipment maker Redback Networks for $35.8m. Nokia will take a 10 percent stake, or around 17.7 million shares of unregistered common stock, in Redback, with an...
[May 22, 2002, 17:26]
Microsoft may buy stake in Cable & Wireless
News While no agreement has been reached and terms of the deal haven't been hammered out, analysts say such a stake would fetch more than $4bn (£2.43bn). In February, Microsoft paid $500m for a 5 percent stake in NTL Ltd.another big cable operator in...
[May 12, 1999, 15:17]
EMI takes stake in musicmaker
News Record company EMI said today that it was acquiring a 50 percent stake in musicmaker.com, an Internet company that lets users create their own CDs. As part of the deal, the company's have agreed to a five-year deal that gives musicmaker access to...
[June 11, 1999, 7:28]
Fujitsu to buy out Siemens' stake in joint PC business
News Fujitsu is to buy out Siemens' stake in the companies' joint venture, the PC manufacturer Fujitsu Siemens. Under the terms of the deal, announced on Tuesday, Fujitsu will pay €450m (£363m) for Siemens' 50 percent stake in the business.
[November 4, 2008, 14:17]
Apple gets stake in UK mobile-graphics chip designer
News Apple has taken a small stake in a British chip designer, revealing how the company plans to power the graphics in future iPhones and iPod Touches. Imagination announced on Thursday that Apple has acquired a 3.6 percent stake in the company, at a...
[December 19, 2008, 10:46]
AOL may float cable stake
News AOL Time Warner is considering spinning off a minority stake in its cable division to the public, according to a report on Friday. Such a move would also give AOL a way to pay off AT&T for its 25.5 percent stake in Time Warner Entertainment, a...
[April 28, 2002, 7:31]
MS buys stake in voice firm
News The deal gives Microsoft an eight per cent stake in L&H, which although a minority share, gives the company access to leading voice recognition technology. This access will speed-up the inclusion of voice recognition capabilities in future Windows...
[September 12, 1997, 12:00]
Saudi Prince buys Netscape stake
News The prince, who earlier this year bought a 5 percent stake in Apple for $115 million, has bought 4.46 million common shares of Netscape for a cost of $146 million. Claimed to be motivated by the recent stock market slide, the Prince has said that...
[December 5, 1997, 9:39]
MoD completes sale of QinetiQ stake
News The Ministry of Defence (MoD) sold its remaining 19 percent stake in QinetiQ, previously the UK's Defence Evaluation and Research Agency, on Tuesday, raising £254m for the taxpayer. Taylor said that, although the MoD no longer has a financial stake...
[September 11, 2008, 0:01]
Price Waterhouse to buy stake in Origin
News Price Waterhouse is to buy an undisclosed stake in Philips Electronics' $1.5 billion global consulting and technology subsidiary Origin. Price Waterhouse and Origin formed a strategic alliance earlier this year to market and deliver third-party...
[October 10, 1997, 14:26]
Intel to buy stake in Samsung chip business
News Intel already has a 10 per cent stake in Samsung's semiconductor plant in Austin, Texas but Samsung is allegedly asking for around $1bn to be pumped into its Korean factories. A source close to Samsung said that "Samsung needs to raise money in...
[February 20, 1998, 10:12]
Symantec acquires @stake
News Symantec has signed an agreement to acquire @stake, a security consulting and software company, Symantec said on Thursday.stake will improve Symantec's consulting contacts -- six of the top 10 financial institutions are customers, Symantec said.
[September 17, 2004, 9:15]
BT to sell Eutelsat stake for £363m
News BT has announced it is to sell its stake in Eutelsat for £363m. The UK's biggest telco will sell its entire shareholding in the world's third-biggest satellite communications company, if the sale is approved by the board of Eutelsat, with the deal...
[November 26, 2004, 11:45]
Google tipped to buy AOL stake
News Google may pay $1bn (£565m) for a 5 percent stake in America Online as part of an exclusive deal with Time Warner that would strengthen ties with the search giant instead of dumping Google for Microsoft.
[December 19, 2005, 9:20]
Nokia grabs Psion's Symbian stake
News UK handheld computer manufacturer Psion has agreed to sell its stake in Symbian, the wireless operating system maker, to Nokia. Nokia is expected to pay around £135m for Psion's 31.1 percent stake in Symbian -- £93.5m upfront followed by further...
[February 9, 2004, 12:35]
