BlackBerry shares rose last Monday after reports of potential strategic buyers taking interest in the struggling smartphone maker, said a Reuters report.
Technology Equipment
On Semi to cut jobs at Sanyo unit
On Semiconductor Corp said it would cut 870 jobs at its Sanyo Semiconductor unit as the company seeks to reduce its spending costs, said a Reuters report.
elevate DIGITAL receives Series A funding investments
Venture funding amounting to USD1.5 million in venture funding was received by elevate DIGITAL for its expansion and development purposes.
Dauria Aerospace receives investments from I2BF Global Ventures
The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
Shareholder urges Oracle to change compensation committee
CtW Investment Group urges recomputation of compensations and urged the opposition to compensation committee.
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Alcatel-Lucent would push a cost cutting drive to save EUR1 billion by 2015 through cutting jobs by 1000, reported Les Echos and Le Figaro newpapers on their websites.
The Coors family had opened up its growth plans for Outlast Technologies' temperature-controlling technology.
Scottish Equity Partners backs up Tryzens acquisition from Jaywing Plc. Tryzens CEO Terry Hunter together with his senior executive team had just completed the acquisition of Tryzens Ltd from parent firm Jaywing Plc.
A regulatory filing showed Sharp would be selling stocks at a discount to raise JPY 137 billion. Japan-based company Sharp Corp would be selling stocks at a discounted price to gather JPY 137 billion or USD 1.
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.
Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
