7 result(s) displayed (1 - 7 of 7):

Bankrupt Nortel Networks selling LG-Nortel for $1B? (from Corporate Dealmaker)

Telecom equipment maker Nortel Networks Corp. (NYSE:NT), which on Tuesday was granted a three-month extension of bankruptcy protection by a Canadian court, may be selling its controlling stake in a South Korean joint venture for close to $1 billion.Citing dealmakers, Financial Times reports the sale would interest foreign private equity...

Posted on April 29, 2009 9:11 AM

Sale or spin on hold for GE Appliances (from Corporate Dealmaker)

Sometimes the best thing to do is sit tight. That's the call General Electric Co. made after seven months of shopping its appliances division to buyers around the world while also laying alternate plans to spin off the whole commercial and industrial division of which it is part. A GE...

Posted on December 17, 2008 4:30 PM

Netflix's rapid video download expansion, TiVo latest partner (from Corporate Dealmaker)

Netflix Inc. has expanded its online video-streaming business with another alliance. The DVD delivery provider is teaming with TiVo Inc. in a deal that will allow Netflix subscribers to watch movies instantly using TiVo technology. Terms of the deal were not disclosed. While Netflix makes its money delivering DVDs, it has...

Posted on October 30, 2008 3:33 PM

Netflix looks to alliances to carry it forward (from Corporate Dealmaker)

Netflix Inc.'s online DVD rental and delivery business is thriving, but the company isn't banking on that alone to keep its balance sheet healthy. As The Wall Street Journal reports, the company is partnering with technology firms to build its video streaming business, which allows subscribers to download content from...

Posted on September 10, 2008 10:33 AM

Breaking down IP barriers (from Corporate Dealmaker)

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

LG Electronics denys joint bid for GE unit (from Corporate Dealmaker)

South Korea's LG Electronics Inc. is denying rumors that it has been approached by Sweden's Electrolux AB regarding a joint bid for General Electric Co.'s home appliances unit. On May 15, General Electric Co. said it would sell or divest its Louisville, Ky.-based appliance business. LG is said to be...

Posted on June 2, 2008 12:18 PM

Jeff Immelt, auctioneer extraordinaire (from Corporate Dealmaker)

There are divestitures, believe it or not, that the selling company prefers to conduct on the down-low. Why panic the rank and file employees, the thinking goes, or create a situation where the press is demanding updates and you won't have anything to say for months? And then there is...

Posted on May 28, 2008 12:14 PM