Entries tagged "software"

Nuance dials up exit for Jott investors

Nuance buys the mobile voice recognition tech startup for undisclosed terms.

Oracle to absorb Relsys

Purchase of healthcare software provider marks software giants second 2009 acquisition.

Wind River acquires Tilcon

Software optmizer pays $3.5M for graphic user interface software developer.

Roll Call: Blue Coat buys Packeteer

Blue Coat Systems Inc. will acquire Packeteer Inc. for $268 million, according to the East Bay Business Times. - Maria Woehr ...

Home improvement

The Home Depot is making an addition. Not only can one find nails, hammers, sheet rock and a plethora of other hardware items at the Atlanta-based company, but soon it will be offering home improvement loans following its Tuesday, May 9 purchase of Enerbank USA. Terms of the deal were not disclosed, but Home Depot reached an agreement to acquire EnerBank USA, a lender that specializes in financing to customers of contractors. "EnerBank has a unique way of helping home improvement contractors grow their business, especially the smaller contractors who frequent our retail stores. Enerbank's focus on offering loans via...

NWA closer to leaving bankruptcy

With an agreement in hand from its pilots union, Northwest Airlines inches closer to exiting bankruptcy. Northwest pilots, who are represented by the Air Line Pilots Association, voted to ratify a new 5-1/2 year contract that preserves job protections while reducing the airline's costs by $358 million. With 95% of NWA's 4801 pilots voting, the union approved the new contract by a 63.42% to 36.58% margin. The pilots agreed to accept a 23.9% pay cut that NWA initially proposed in November shortly after filing for bankruptcy. In exchange, NWA agreed to limit outsourcing flying jets with less than than 77...

Slimming down

In a story exclusive to The Deal, MidOcean Partners LLP and ACI Capital Co. LLC may trim weight-management titan Jenny Craig Inc. from their portfolios – the Carlsbad, Calif. classroom diet company has hired Goldman Sachs & Co. to explore strategic options, including a sale. Jenny Craig could fetch up to $500 million in a sale. Or, sources say, the company could go public and reap the benefits of the tremendous valuations weight-management organizations have drawn of late. A sale for $500 million would be 10 times the company’s Ebitda and four times what the two buyout shops paid in...

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