Software & IT services
Clearwire Board Supports Sprint Bid
Clearwire issues a statement recommending the acceptance as the best option for minority shareholders.
Some Verizon Shareholders Open To Pay Premium For Vodafone Shares
A small number of Verizon Communications shareholders are willing to pay up to 30% premium for Vodafone shares.
Intel's McAfee Purchases StoneSoft
Intel's McAfee purchases firewall security software expert Stonesoft for Eur4.50 per share. The security software division of chipmaker giant Intel Corp, McAfee, announce plans to purchase network firewall software developer Stonesoft Oyj of Finland.
Facebook overvalued according to Barron's
Facebook should just be pegged at US$25.00, according to Barron's. In a review by financial newspaper Barron's, it said that Facebook shares may be overvalued despite getting a boost from first quarter reports that met industry analysts' expectations.