21 result(s) displayed (1 - 21 of 21):
Following weeks of speculation about how Cisco Systems Inc. (NASDAQ:CSCO) might react to Tandberg ASA shareholders who are carping about the networking giant's $3 billion offer for the company, Cisco's strategy chief Ned Hooper came out with a blog post Monday with a bit more detail as to why...
Posted on November 2, 2009 4:14 PM
Tech titans are wielding deals to battle for market share. They have been acquiring and partnering, trying to figure out the right business strategy to win customers. The data center market would make a nice little case study. There is growing demand as server farms that run corporate back offices...
Posted on October 27, 2009 4:03 PM
EMC Corp. (NYSE:EMC), easing through the integration of Data Domain Inc., reports third-quarter earnings on Thursday with a Webcast being held at 8:30 a.m. ET. Analyst takesLast week, Thomas Weisel Partners LLC analyst Doug Reid upgraded shares of the acquisitive data storage tech provider to "Overweight" from "Market Weight." He...
Posted on October 20, 2009 1:24 PM
In order for Cisco Systems Inc.'s (NASDAQ:CSCO) $3 billion cash acquisition of Norwegian video communications company Tandberg ASA to go ahead, it needs 90% shareholder approval. But a group with a 24% holding does not like the deal terms. Swedish brokerage SEB Enskilda AS said in a statement:On behalf of...
Posted on October 15, 2009 9:18 AM
Competition is so pervasive in the converging world of information technology that dealmakers there hardly mention it. They just live it, with the result that nearly every deal, whether partnership or acquisition, seems to have some second-order effects on other relationships elsewhere.Thursday's news offers two good examples. First is Apple...
Posted on October 1, 2009 1:03 PM
At any given moment it's a safe bet that Cisco Systems Inc. (NASDAQ:CSCO) is either thinking about doing a deal or getting one done. So it wasn't surprising to hear that the San Jose, Calif., tech giant is spending $3 billion to acquire Norwegian video communications company Tandberg ASA. Snapping...
Posted on October 1, 2009 9:57 AM
Last time we checked in on Clearwire Corp. (NASDAQ:CLWR), Cisco Systems Inc. (NASDAQ:CSCO) had signed on as the core infrastructure supplier for Clearwire's $14.5 billion WiMax effort. Now, it has launched WiMax in 10 more markets and is asking for stimulus funds to reach markets that were not part...
Posted on September 1, 2009 3:28 PM
Citing people familiar with the matter, The Wall Street Journal reported that IBM Corp. (NYSE:IBM) is in talks to acquire Santa Clara, Calif.'s Sun Microsystems Inc. (NASDAQ:JAVA) for at least $6.5 billion in cash.The two companies have a common interest in that both make computer systems for corporate customers that...
Posted on March 18, 2009 9:06 AM
If telecom supplier Nortel Networks Corp. (NYSE:NT) should liquidate instead of re-emerging from bankruptcy, it looks like there's plenty to sell. According to The Wall Street Journal and other media reports, Nortel is in talks about selling its enterprise unit and wireless equipment business. Nokia Siemens Networks, Avaya Inc. (NYSE:AV),...
Posted on March 12, 2009 12:13 PM
Ready for a little good news? Try this: It may be a little beleaguered, but there's still a real economy out there where companies make things like communications gear and medicine and jet engines. And even in a period when things like toxic credit default swaps and noxious structured investment...
Posted on December 1, 2008 9:43 AM
Cisco Systems Inc. does deals at a pace few companies can match: five so far in 2008 and more than 125 since 1993. Under John Chambers, who has been CEO since 1995, the company has executed a string of transactions that have moved it from the world of network backbones...
Posted on December 1, 2008 9:34 AM
Regular visitors to this site may recall that in September we launched a survey to identify the Most Admired Corporate Dealmakers in three key industry sectors: healthcare, information technology and industrial. Well, despite a few minor distractions in the financial markets since then, The Deal's readers came through for us and identified the companies doing the best work in M&A in those...
Posted on November 12, 2008 4:48 PM
Cisco Systems announced results for the fourth quarter in its fiscal 2008 today. Net income for the period was $2 billion, up 4.4% from a year earlier. And the Cisco deal machine kept humming. From the company release: Cisco completed the acquisitions of Denmark-based DiviTech A/S, a leader in the...
Posted on August 5, 2008 5:47 PM
Several important earnings announcements and energy deals are coming up the week of August 4, 2008. The Deal's Mary Kathleen Flynn of Tech Confidential and Suzanne Stevens of Corporate Dealmaker will bring you up to date on the week's dealmaking events. Here's a summary: On Aug. 4, Smith International Inc.'s...
Posted on August 4, 2008 1:14 PM
Melding communications networks and information technology systems is a big part of integrating any acquisition. The IT folks at Cisco Systems Inc. say they've done it 115 times since 1993 and learned some lessons along the way -- which are presented in this new white paper on post-acquisition IT integration. ...
Posted on July 3, 2008 10:22 AM
Small high-tech deals? Sure. Big energy joint ventures? Think twice. That's one way of parsing the week's deal news out of Russia. Wednesday we hear that Cisco Systems Inc. is eager to get in on the promise of an emerging Russian economy, but still has a preference for a collaborative,...
Posted on July 2, 2008 5:19 PM
The Supreme Court, in a ruling on Monday, made it more difficult for patent holders to collect royalties on the downstream uses of their technology. In Quanta Computer Inc. v. LG Electronics Inc., the court ruled that LG could not collect royalties on the patented LG chipsets that Quanta used...
Posted on June 10, 2008 1:01 PM
My West Coast colleague Olaf de Senerpont Domis just put up a good post on our sister blog, Tech Confidential, about The Wall Street Journal's front-pager on Cisco Systems Inc. Thursday morning. Olaf knows plenty about dealmaking at Cisco, and it shows. Of course I agree with Olaf on the...
Posted on April 17, 2008 3:35 PM
A glimpse behind the curtain at the Oracle deal process as SVP for corporate development Doug Kehring describes the company's M&A life cycle.
Posted on April 11, 2008 4:54 PM
Information storage provider Iron Mountain Inc. has named Bob Brennan as CEO. Brennan plans to use his strong background in M&A and corporate growth to drive business past $3 billion in revenues this year. "We are expanding geographically, and acquisition is definitely central to our strategy going forward," he...
Posted on February 28, 2008 4:33 PM
Until recently, Charles Giancarlo was evp and chief development officer at Cisco Systems Inc, and heir apparent to Cisco CEO John Chambers. Now he's a managing director at Silver Lake, the tech-focused private equity firm that made news last week when it announced that the California Public Employees' Retirement...
Posted on January 14, 2008 10:59 AM
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