Blackberry becomes ideal for a potential takeover as it reports good earnings. Blackberry has reported good earnings higher than what analysts expected, making an ideal candidate for a buyout by a larger technology company, said CNBC's Jim Cramer.
Software & IT services
Dell Would Walk Away if other Deals Accepted
Dell would walk away if he is not retained as CEO. Michael Dell, in a statement, would only consider a buyout plan with Blackstone Group if the private equity guarantees that he remains as its CEO.
Blackberry Dismisses U.S. Shareholder Lawsuit
Blackberry received approval from U.S. District Judge Richard Sullivan for the dismissal of a shareholder lawsuit that was accusing it was seeking fraudulent obscurity of its falling market position.
Redknee Completes Buyout of Nokia Siemens Networks' BSS Unit
Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.
UPDATE - Dell Fires Back on Risk of Remaining Public
Through a proxy statement, Silver Lake and Michael Dell extolled the virtues of their bid as against the offers of Icahn and Blackstone.
Latest News
ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.
Liberty Global reaches deal with Barclays to purchase 12.7% stake in the latter's Ziggo. Liberty Gobal Inc. has acquired a stake worth 12. 7% in Dutch cable television operator Ziggo NV from Barclays Plc following the British bank's failure to seek buyers in a share sale last week.
After two tries, ProMOS Tech was able to sell of its twelve inch fabricating facility to GlobalFoundries.
Canadian Industry Minister calls out foreign capitalists to invest in the country's wireless industry.
Ericsson is making a deal to acquire the IPTV business of Microsoft in a bid to offer services to phone companies.
Microsoft is nearing completion of its transfer of its IPTV unit to Ericsson. Microsoft Corp's IPTV business unit is subject of discussions with Ericsson, the telecommunications giant.
Offers made by the Blackstone Group and investor Icahn does not include Michael Dell as CEO of the firm he helped found three decades ago.
LDK transfers more shares under a purchase agreement with Fulai. LDK Solar Co's share values has declined nearly three fourths since 2012 and has now sold additional shares to Fulai Investments at discounted rate of 30% of value from last month.
A year ago, Sharp announced Foxconn would purchase shares but a year later, no agreement has been forged.
