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In the long winding road from "secret merger talks" to deal completion, bankers, lawyers and corporate dealmakers alike breathe easier when their hard work is met with regulatory and shareholder approvals along the way. Collecting fees is also a source of comfort. Sure, they get money from retainer and reimbursement...
Posted on July 17, 2009 3:01 PM
Cash-rich tech giants are showing signs of a willingness to open their coffers to acquire startups and rivals. The tech-focused section of our sister blog Dealscape highlighted data from the 451 Group showing conditions have stabilized to some degree for tech acquirers and potential targets alike.Leading the way this...
Posted on June 22, 2009 3:06 PM
People are talking about the burgeoning data center turf wars. EMC Corp. (NYSE:EMC) chief executive Joseph Tucci said Oracle Corp.'s (NASDAQ:ORCL) $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) raises the stakes in the battle for control of the corporate data center market. Dow Jones noted that while EMC is...
Posted on April 24, 2009 11:17 AM
Oracle Corp.'s (NASDAQ:ORCL) surprise $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) has some employees skittish about their future. Analyst speculation about Oracle possibly selling Sun's hardware business prompted Sun to file a proxy statement Thursday reiterating that "Oracle plans to grow the Sun hardware business after the closing."Still,...
Posted on April 24, 2009 10:55 AM
IBM Corp. (NYSE:IBM) and Hewlett-Packard Co. (NYSE:HPQ) have to start positioning themselves as Cisco Systems Inc. (Nasdaq:CSCO) moves in on their territory in data centers. Last week, Cisco even acquired a company to help it compete in that market. Now comes news that IBM may be boosting ties with Brocade...
Posted on April 17, 2009 4:36 PM
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