Deals
German car manufacturers to buy Nokia HERE to create superior self-driving vehicles
German auto makers consortium composed of Audi, BMW, and Daimler, parent company of Mercedes-Benz, is reportedly in the final stages of discussion to acquire Nokia HERE, the mobile company's map app, for roughly €2.5 billion or $2.7 billion.
BlackBerry to acquire crisis communications provider AtHoc
Ontario-based BlackBerry Ltd has decided to acquire AtHoc to enhance its software offerings and increase its revenue. California-based AtHoc is a privately-held provider of secure, networked crisis communications.
FCC Chairman endorses AT&T and DirecTV merger
Tom Wheeler, the chairman of the Federal Communications Commission declared that he's supporting the $48 billion merging of AT&T and DirecTV. Though, the approval from five of his colleagues is still pending.
Lockheed to buy Sikorsky for $9 billion; reviews options for IT business
Lockheed Martin Corp (LMT.N) said Monday it would buy Sikorsky Aircraft, the helicopter unit of United Technologies Corp (UTX.N), for $9 billion, and would review the possible sale or spinoff of $6 billion in other information technology and services businesses.