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Yahoo! Inc.
Yahoo! just can't keep out of the news these days. The subject of a $44.6 billion hostile bid by Microsoft Corp. agreed Tuesday to buy privately held online video platform application provider Maven Networks Inc. for about $160 million.
Yahoo! said the deal for Cambridge, Mass.-based Maven will allow it to expand consumer video and advertising experiences on its main Web site as well as its network of video publishers.
Dell Inc.-MessageOne Inc. In another tech deal, personal computer maker Dell Inc. agreed to buy an e-mail services company, MessageOne Inc., which was co-founded by Michael Dell's brother Adam, for $155 million. Aecom Technology Corp.-Earth Tech Meanwhile, engineering and design firm Aecom Technology agreed to buy Earth Tech, a unit of Bermuda-based Tyco International Ltd., for $510 million in cash to bolster its core water and wastewater businesses. General Motors Co. General Motors said it swung to a fourth-quarter net loss of $722 million and has reached an agreement with the United Auto Workers union on offering its second sweeping hourly worker buyout program since 2006. Sterling Financial Corp. And finally, Lancaster, Pa.-based Sterling Financial, which will soon be bought by PNC Financial Services Group Inc. for $565 million, said an investigation into a previously disclosed scam by certain employees was confined to its Equipment Finance LLC unit and did not involve senior management. - Peter Moreira See TheDeal.com story on Sterling Categories Deal Video
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