Articles about Takeover

Panasonic Viera TX-P42GT30

EU waves remote at Liberty Global's Dutch telly takeover

Liberty Global must sell its Dutch premium pay-TV movie channel Film1 if it wants to take over cable telly operator Ziggo, Brussels' antitrust chief has warned. Since the planned buyout will bring together the first and second largest cable television networks in The Netherlands, the European Union’s competition commissioner …
Jennifer Baker, 10 Oct 2014
CSR10X0 Starter Development Kit

Brit chip biz CSR rebuffs US takeover bid from Microchip Technologies

Fabless Bluetooth chip firm CSR, the second biggest chip design company in Cambridge, has rebuffed a takeover bid by customer and partner Microchip Technology. The failed bid has trigged another round of CSR thinking about putting itself up for sale, and given its history of a roller-coaster share price, now might be a very good …
Simon Rockman, 29 Aug 2014
BizNAS

98.8% of Overland shareclutchers say OMG, YES to Tandberg takeover

Overland Storage shareholders have overwhelmingly voted in favour of the Tandberg Data takeover by Overland. There was a 98.8 per cent vote in favour of the takeover at a 16 January meeting. But, then, there was no other option on the table except the virtual certainty of an eventual Overland collapse and a total wipeout of …
Chris Mellor, 21 Jan 2014
Angry woman on mobile

Chuh! 'Grossly inadequate': Time Warner Cable rejects $62bn hostile takeover bid

Time Warner Cable has rejected a hostile takeover bid from Charter Communications, calling its $62bn offer "grossly inadequate". Charter yesterday formally offered to buy up its rival for $132.50 a share, including $83 in cash and the rest in its own stock, after months of acquisition talks between the companies. But Time …
ITU ballot box

UN takeover of internet postponed indefinitely

Analysis Efforts to squeeze the United Nations into the throne of the internet have been comprehensively defeated at a key meeting in South Korea. The result raises the possibility that after more than a decade of fighting, the threat of a UN takeover is a thing of the past. After more than two weeks of negotiations at the United …
Kieren McCarthy, 05 Nov 2014
Spain

Spanish cable firm Ono says oh yes to €7.2bn Vodafone takeover

As has been widely speculated, the Spanish cable company Ono has accepted a €7.2bn (£6bn) offer from Vodafone, dropping its plans for an IPO. Vodafone is growing its unified communications strategy across Europe and this follows a similar purchase of Kable Deutschland. The price of 7.5 times EBITA is considered low by some …
Simon Rockman, 17 Mar 2014
The Register breaking news

Brussels clears Liberty Global's £15bn Virgin Media takeover

US billionaire John Malone's company Liberty Global saw its £15bn bid to buy UK telco Virgin Media cleared by competition officials in Europe today. The takeover was waved through completely unchallenged by the European Commission, after the cable giant confirmed it wanted to acquire Virgin Media in February. The antitrust wing …
Kelly Fiveash, 15 Apr 2013

Dell board delays vote on private takeover deal

As has been rumored for days, the special committee of Dell board members in control of the proposed private takeover deal put together by company founder Michael Dell has put off the shareholder vote for the deal. The ceremony to give the thumbs up or thumbs down to the $24.4bn deal put together by Dell, the man, Silver Lake …
Dell logo in crosshairs

Dell takeover latest: Icahn tells Big Mike where to stick his rule rewrite

Michael Dell and Silver Lake Partners, who want to take sole control of IT giant Dell, are willing to offer their fellow stockholders $13.75 for each share - but only if the rules on voting on the deal are changed. Unsurprisingly, top-gun investor Carl Icahn, who has a $14-per-share deal on the table, has now urged the Dell …
Dell logo in crosshairs

Dell committee says 'no way' on takeover vote change

The special committee of Dell board members that is reviewing the two proposals that will decide the fate of their company have told the Michael Dell/Silver Lake Partners consortium that they are not willing to change the voting rules, as the consortium had requested. And so the ongoing saga of Michael Dell's attempt to take the …
Cloud security image

Microsoft patches GroupMe 'full account' hijack hole

Microsoft has patched a simple 'full-account takeover' flaw in its popular iOS and Android messaging client GroupMe. The app once described as "utterly indispensable" had of 2012 processed a whopping 550 million messages a month, and was downloaded 76,000 times from Google's Play Store. New York hacker Dylan Saccomanni said in …
Darren Pauli, 31 Oct 2014
The Register breaking news

Cable & Wireless Worldwide shareholders OK Vodafone takeover

More than 99 per cent of voting shareholders have approved the takeover of Cable & Wireless Worldwide by Vodafone, despite suggestions that one of the largest was holding out for more money. Vodafone put £1,044m on the table at the end of April, but Orbis Investment Management threatened to vote its 19 per cent holding against …
Bill Ray, 19 Jun 2012

Fox wants Time to wrap up even more content

Rupert Murdoch, through 21st Century Fox, has launched a $US80 billion unsolicited takeover offer for Time Warner, to a chilly reception from its target. The deal was proposed by Murdoch's vehicle during June, but says that Time Warner “declined to pursue” the proposal. At the moment, Fox says, “We are not currently in any …
The Register breaking news

WhatsApp exec: Google takeover? It's news to me

WhatsApp's business development head Neeraj Arora has squashed rumours that Google was keen to spend $1bn on popular mobile messaging service WhatsApp. Arora spoke to All Things D after furious speculation that the Chocolate Factory had been negotiating with the cross-platform messaging app. The gossip was sparked by tech blog …

Hungry Brit giant Daisy Group extends D-day for buying consortium

The takeover saga at B2B tech and comms outfit Daisy Group looks set to rumble on for a bit longer yet after the London-listed biz again extended the deadline for a consortium of prospective buyers to prepare a bid. The Yorkshire-based firm last month received an approach to take the firm private from CEO Matthew Riley, backed …
Paul Kunert, 22 Sep 2014
homeless man with sign

CSC's iSoft takeover cleared

The European Commission has cleared CSC's takeover of iSoft - the key NHS supplier. Aussie health provider iSoft has had a chequered past - it was bailed out with £82m of taxpayer cash, removed a co-founder, and is still going through a Financial Services Authority probe which led to four former directors facing criminal charges …
John Oates, 21 Jun 2011
Bigelow B330

Space hotelier Bigelow wants capitalists to FIGHT comm-MOON-ist takeover

Bigelow Aerospace, sellers of inflatable bubble habitats for infinity and beyond, is filing for an amendment to the 1967 Outer Space Treaty to allow private individuals to own sections of the Moon. "No one 'anything' should own the moon, but yes, multiple entities, groups, individuals, they should have the opportunity to own the …
Iain Thomson, 15 Nov 2013
Dell logo in crosshairs

Michael Dell accuses Icahn of using court as takeover tool

Michael Dell has accused Carl Icahn of filing "undefined" legal action solely as a tool to help him take over Dell, and said the investor was "grandstanding" in a bid to stop the company from going private. In a court filing, Michael Dell said the action was "just another soapbox for Mr. Icahn's public spat," and a tactic …
Iain Thomson, 08 Aug 2013
Qualcomm

Chipzilla of the mobile world Qualcomm wants to slurp Brit vendor CSR... for £1.6bn

UK Bluetooth specialist CSR looks set to wed Qualcomm Inc, after the mobile chip giant said it had agreed to buy the company for £1.6bn ($2.5bn). San Diego-based Qualcomm said that the acquisition would allow it to beef up the firm's Internet of Stuff and car entertainment businesses. The company's chief Steve Mollenkopf said …
Team Register, 15 Oct 2014

Vodafone eyes up Liberty Global – report

Mobile giant Vodafone has reportedly been mulling over a number of takeover plans, including the possibility of scooping up cable company Liberty Global – Virgin Media's owner. According to Reuters, which cited five anonymous sources close to the matter, Vodafone could see Liberty Global's European operations as a natural fit …
Kelly Fiveash, 29 Nov 2014
management research

Brit giant Daisy Group extends deadline for buyers to make a mark

Daisy Group has granted a consortium led by CEO Matthew Riley extra time to make a bid to take the LSE-listed mid-market comms and tech outfit private. The exec, along with Daisy’s largest shareholder Toscafund Asset Management LLP and private equity house Penta Capital, last month made an approach to buy the business, tendering …
Paul Kunert, 10 Sep 2014
Credit: David Shankbone

BSkyB slurps Murdoch's Italian and German Sky assets to beef up European pay-TV biz

BSkyB is pursing a bold pay-TV strategy in Europe with the unsurprising buyout today of 21st Century Fox's 100 per cent stake in Sky Italia and 57.4 per cent interest in Sky Deutschland. It told the City this morning that it would pay £2.45bn to acquire Sky Italia from media mogul Rupert Murdoch's company, which has a 39 per …
Kelly Fiveash, 25 Jul 2014

Google roolz! Nest buys Revolv, KILLS new sales of home hub

Google's thermostat maker Nest Labs has snapped up upstart Revolv for an undisclosed sum. The takeover comes after Mountain View acquired Nest at the beginning of this year for $3.2bn. Revolv, which only hit the connected home market in 2013, announced the deal on its website. It abruptly added that sales of its automation hub …
Kelly Fiveash, 25 Oct 2014
Lego Minecraft

Microsoft's rumoured $2.5bn Minecraft gobble expected on Monday

Microsoft is reportedly planning to spend $2.5bn on the rumoured buyout of Minecraft maker Mojang, with a deal speculatively set for Monday. As The Register noted earlier this week, such an acquisition would be the first big payout for new Redmond chief Satya Nadella. Reuters reported that Microsoft would scoop up the game …
Kelly Fiveash, 14 Sep 2014

Commish: Stop playing that Spanish jazz, Orange. Wait until we’ve done our homework

Orange’s plans to take over Jazztel in Spain could hit a wall as the European Commission begin an investigation to determine if the merger is in line with EU competition law. Both Orange and Jazztel operate fixed telco networks in Spain and the planned takeover would reduce the number of nationwide providers from four to three …
Jennifer Baker, 04 Dec 2014
Sky 3D football

Sky: We're no longer calling ourselves British. Yep. And Broadcasting can do one, too

BSkyB has ditched the words British and Broadcasting from its name, after the media and telecoms company completed its takeover of Sky Italia and Sky Deutschland yesterday. From now on, it will simply be known as Sky, but shareholders will be asked to approve the name switch at the firm's AGM on 21 November. Its company stock …
Kelly Fiveash, 13 Nov 2014
Facebook privacy image

Crusty API opened Facebook accounts to hijacking

A leftover API that Facebook forgot to kill has left accounts open to spammers and scammers, says security Stephen Sclafani. The flaw means an attacker could view other users' messages and post status updates. Sclafani found that a then mis-configured endpoint, since patched, allowed legacy REST API calls to be made on behalf of …
Darren Pauli, 10 Jul 2014
Vodafone Simply Sagem VS2

US megalocorp AT&T: We're NOT swallowing Blighty's Vodafone

+Analysis Speculation that AT&T was shopping for Vodafone as an entry into the European market has been brought to an end after an exec ruled it out. At the request of the Takeover Panel, the independent body which regulates the city of London code on takeovers, AT&T has said that it will not pursue Vodafone. The takeover panel refused to …
Simon Rockman, 27 Jan 2014
ipod u2 edition

Just don't blame Bono! Apple iTunes music sales PLUMMET

Elevation and Vertigo may be songs that hit the high notes for Apple boss Tim Cook's chums U2, but the same can't be said for sales of iTunes music right now, which have reportedly nosedived since the start of 2013. According to the Wall Street Journal, iTunes revenue witnessed a rapid decline of around 13 per cent to 14 per …
Kelly Fiveash, 26 Oct 2014

First Congress, now top govt watchdog digs into ICANN's internet grab

It's not just US Senators digging into ICANN's takeover of the internet's control panel. America's powerful Government Accountability Office (GAO) has been asked to interview key people in Washington DC over the proposed move – and the results are likely to form the basis for a number of hearings in the new year. And we managed …
Kieren McCarthy, 20 Nov 2014
The Register breaking news

Groupon shuns Google's $6bn takeover bonanza

Groupon walked away from acquisition talks with Google late last week, after speculative reports suggested that the world’s largest ad broker was willing to splurge up to $6bn to buy the e-commerce coupon outfit. According to the Chicago Tribune, which cited sources familiar with the matter, Groupon turned its back on Google …
Kelly Fiveash, 06 Dec 2010
Handshake

Comcast Corp to merge with Time Warner Cable in MONSTER $45bn deal

Comcast Corp plans to merge with Time Warner Cable in an all-stock deal priced at $45.2bn. The move will bring together the two biggest cable outfits in the US, if the takeover is waved through by regulators in the country. Comcast said it hoped to officially tie the knot with Time Warner Cable by the end of this year. The …
Kelly Fiveash, 13 Feb 2014

BEST EVER broadband? Oh no you DIDN'T, Sky – ad watchdog

The telecoms giant formerly known as BSkyB has been ordered to remove a "best ever" broadband ad after rival BT claimed it was "misleading". The Advertising Standards Authority (ASA) said the context of Sky's "BEST EVER broadband offer" in July had not been substantiated and was likely to mislead. Last week BSkyB ditched the …
Kat Hall, 21 Nov 2014

Speaking in Tech: Too fat for MARS!

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Join Ed Saipetch and Sarah Vela, co-hosts of our weekly techcast, who are missing the party in Barcelona to bring you the piping hot news from the world of technology … First off, they discuss the hypothetical all-female Mars crew – who needs men when you have robots? …
Team Register, 23 Oct 2014
The Register breaking news

Oz regulator punctures Foxtel takeover bid

Foxtel’s ambition to create a subscription TV monopoly with the $1.9bn takeover of rival Austar has been significantly dampened by the competition regulator. On Friday the Australian Competition and Consumer Commission (ACCC) released its ‘Statement of Issues’ on the takeover which provides the regulator’s preliminary views. …
SAP

How's this for a biz expense? SAP pops $8.3 BEELLION on company card for Concur

SAP has announced it has agreed to acquire enterprise travel and business expense management software purveyor Concur Technologies in an $8.3bn takeover deal. The Germany-based giant will shell out $129 per Concur share – a 20 per cent premium – in a deal it expects to close by the end of the year or early 2015. SAP plans to …
Shaun Nichols, 19 Sep 2014
Playground spring horse

Virgin Media sales are a bit flat under the Cable Cowboy's reign

Virgin Media has been part of Cable Cowboy John Malone's Liberty Global family for almost a year now. Yet the takeover hasn't boosted the UK telco's flat first quarter sales, which the City was told about this morning. Although growth in consumer and mobile revenue had rose, overall sales climbed a slender one per cent, to £1. …
Kelly Fiveash, 07 May 2014
By Luke Ford  http://www.lukeford.net/Images/photos4/071209/214.htm  Licensed under Creative Commons Attribution-Share Alike 2.5 Generic http://creativecommons.org/licenses/by-sa/2.5/deed.en

BACK OFF, KIM KARDASHIAN. BlackBerry CEO is NOT into SENSATIONALISM

There are no plans for a takeover at Blackberry, says John Chen, CEO of the mobile firm, who recently took to LinkedIn to explain his Kim Kardashian-free global strategy. And it’s sensible, all about business and not about glitz. The company will not repeat the mistake it made with former brand ambassador Alicia Keys and will …
Simon Rockman, 09 Dec 2014
Dell chairman and CEO, Michael Dell

Dell buyout stalled by Microsoft, low takeover price?

The word making its way around Wall Street is that Michael Dell's plan to take the company that bears his name private through a leveraged buyout has stalled because of the competing interests of private equity firm Silver Lake, which is ponying up a big piece of the cash to do the deal, and current Dell shareholders who want …
ITU logo

ICT ministers mark out net-regulation patch ahead of ITU plenipot

The ITU has kicked off three weeks of wrangling over the future of the Internet – the 2014 Plenipotentiary – with a ministerial statement that's likely to spark concerns about the direction of the coming summit. The Busan Declaration, issued at the close of the Busan ICT ministerial meeting, is filled with high-minded language …

Cor blimey: Virgin Media pipes 152Mb fibre to 100,000 East Londoners

Virgin Media has announced the largest single expansion of its fibre optic network yet, extending its 152Mb broadband service to 100,000 homes in East London. The area was chosen because it’s close to existing Virgin Media infrastructure. Areas set to receive Virgin's pipes will include Bethnal Green, the Isle of Dogs and West …

Sprint eyes T-Mobile, grabs $32 BEELLION from wallet, prepares to SLURP

The question - not if - but when Sprint would snap up T-Mobile in the US moved one step closer to reality today, after the wireless carrier was reportedly valued at nearly $40 a share. T-Mobile, according to the Wall Street Journal, has been valued at around $32bn. A merger could be agreed within weeks, people familiar with the …
Kelly Fiveash, 05 Jun 2014

Facebook's new self-destructing pic app SELF-DESTRUCTS

Facebook mistakenly hit the button to unleash a new app called Slingshot that's similar to Snapchat – clumsily releasing it early on Apple's iTunes store yesterday. The Menlo Park biz has yanked the software, which allows you to send self-destructing sexts photos to tease friends. Gizmodo noted Slingshot requires a little more …
Kelly Fiveash, 10 Jun 2014

CEO of Brit giant Daisy Group in talks to take biz private

Matthew Riley, the man in charge of perpetually hungry comms and tech titan Daisy Group, is part of a consortium that has made advances to buy the LSE-listed biz. The group today confirmed it “received an approach” on 27 July from its largest shareholder Toscafund Asset Management LLP and Penta Capital, as well as Daisy chief …
Paul Kunert, 13 Aug 2014
HP

Judge nixes HP deal for director amnesty after $8.8bn Autonomy snafu

HP's plan to defend its directors in the Autonomy scandal – and present a united front against the Brit business's former execs and their auditors – has been thrown into doubt by a US judge. Last month HP announced a settlement with lawyers representing its own shareholders, who had brought legal action against HP: the …
Iain Thomson, 25 Aug 2014
The Register breaking news

Sky News spun out as BSkyB takeover OK'd, more or less

News Corporation's buyout of satellite payTV operator BSkyB has been accepted in principle by the Culture Secretary, following advice from UK regulators Ofcom and the Office of Fair Trading. News Corp has agreed to spin out and fund the Sky News operation for 10 years. Although the European Commission has said the buyout would …
Andrew Orlowski, 03 Mar 2011
The Register breaking news

Nominet 'sought govt protection from takeover by domain hawkers'

Nominet, the .uk address registry, sought government help to protect its board of directors from a takeover by domain name speculators, according to its former policy chief. The claims, which Nominet denies, are documented in the findings of an employment tribunal, which found the company guilty of constructive dismissal and …
Kevin Murphy, 17 Aug 2012
Peter Jones, Dragon's Den star

I'm in: Peter 'Dragons' Den' Jones launches bid to buy out Expansys

Dragons' Den star Peter Jones has launched a £6.1m takeover bid of his electronics retail firm Expansys. The entrepreneur made his move after increasing his share ownership in the AIM-listed firm from 41.4 percent to more than 50 per cent. Jones bought some 110.3 million shares to become the majority owner. This means that …
Jasper Hamill, 16 Jan 2014
Sky 3D football

BSkyB broadband growth chopped in HALF

BSkyB saw its broadband customer growth halved in the company's third quarter, for which it partly blamed its takeover of O2's home broadband network where as many as 30,000 subscribers quit the service. The pay-TV giant said that operating profit tumbled 8.5 per cent to £910m for the nine months ended 31 March, after the …
Kelly Fiveash, 01 May 2014
Joe Tucci EMC

EMC, HP blockbuster 'merger' shocker comes a cropper

+Comment EMC has been holding secret merger talks with HP that have since stalled, according to industry sources. The negotiations are said to have lasted almost 12 months, during which Dell executives mulled buying parts of EMC. But at the heart of the discussion was a proposed $132bn merger of the storage giant and HP, according to …
Chris Mellor, 22 Sep 2014