Articles about merger

No, just stop. Nope. photo by shutterstock

Charter sprints from rinky-dink Sprint hints

US cable monster Charter Communications says it has no interest in acquiring mobile carrier Sprint – at least for the time being. This after industry rumors suggested Charter was mulling making a bid for Sprint that would give the cableco an in‑house mobile provider. Charter is otherwise poised to launch a cellphone service …
Shaun Nichols, 1 Aug 2017

Taxi app investor SoftBank said to be driving at multibillion-dollar stake in Uber

Japanese firm SoftBank is reportedly aiming to take a multibillion-dollar stake in Uber, just days after it stumped up cash for Singaporean ride-sharing biz Grab's latest investment round. According to the Wall Street Journal, SoftBank has approached the lawsuit-ridden taxi app maker about gaining a large stake in the company …
Rebecca Hill, 25 Jul 2017
Trump Pepper, photo by Janet Ayers

Trump's CNN tantrum could delay $85bn AT&T-Time Warner merger

The very public war of words – and GIFs – between the President of the United States and CNN could pose a threat to the $85bn merger between AT&T and Time Warner. Apparently, White House advisors have been looking at using approval of the merger as a "potential point of leverage" over the news network. While the two media …
Shaun Nichols, 6 Jul 2017
A cute cat in a jumper waves goodbye.... Pic via Shutterstock

Hewlett Packard Enterprise to outsource global IT team to CSC borg

Exclusive The global IT team at Hewlett Packard Enterprise that company execs previously praised for managing the smooth break-up of the organization is finally being rewarded – the entire department is being, er, outsourced. The destination for these techies is the CSC and HPE Enterprise Services borg – the businesses are coming …
Paul Kunert, 16 Nov 2016
Burning money, photo via Shutterstock

Verizon: Data center sale going nicely. Yahoo! bid? Not so much

US telecom giant Verizon says it has formally begun talks with Yahoo! on adjusting the terms of their merger. Speaking to analysts during the company's fiscal Q3 2016 earnings call, CFO Fran Shammo said that Verizon's lawyers had their first meeting with Yahoo! brass yesterday to discuss the breach of a half billion Yahoo! …
Shaun Nichols, 20 Oct 2016
Artist's view of a binary black hole. Pic credit: NASA, ESA and G Bacon (STScI)

Laser probers sniff more gravitational waves from mega black hole smash

An international team of physicists has announced that the Laser Interferometer Gravitational Wave Observatory (LIGO) has detected gravitational waves from a second pair of colliding black holes. The genius of Einstein At the start of the year, the scientific community was buzzing with excitement after rumours started …
Katyanna Quach, 16 Jun 2016

Sources! say! Twitter's! after! you! Yahoo!

Twitter is reported to be the latest suitor eyeing up Yahoo! for a possible sale, according to reports. Chief exec Marissa Mayer talks about a possible merger of the companies, sources told the New York Post. Mayer is in line for a $55m payout following the web company's sale. Net earnings for Yahoo's first quarter in 2016 …
Kat Hall, 3 Jun 2016
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Dell's $67bn slurp of EMC gets green light from EU antitrust bods

The EU has waved through the $67bn (£47bn) takeover of EMC by Dell, less than a week since the Federal Trade Commission approved the deal. All that's left now is for Dell to find the cash to fund its purchase - more than $40bn worth of greenbacks. . The deal came under the commissioner's scrutiny as Dell and EMC both provide …
Kat Hall, 29 Feb 2016
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Like those independent DevOps vendors? They might not be for long...

Enjoy those scrappy IOT and DevOps startups while you can, as many will not be able to resist the siren call of cash rich traditional vendors or the stock market this year, 451 Research has predicted. The analyst firm’s Tech M&A Outlook report has predicted “billions in investment” in a number of hotspot technology areas. This …
Joe Fay, 25 Feb 2016
A cute cat in a jumper waves goodbye.... Pic via Shutterstock

Bye-bye, BT: Finance director jumps ship

BT has confirmed that its long-serving finance director Tony Chanmugam is to step down – the latest executive exit from the newly formed BT/EE. Chanmugam has held the role of finance director since 2008. He leaves following a "standout" quarter during the company's latest results and a major managerial and structural overhaul …
Kat Hall, 8 Feb 2016
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Watchdog says yes to BT's EE takeover deal. Shrugs. No 'significant' harm in it

The UK's competition watchdog has today cleared the £12.5bn takeover of EE by BT, finding that the merger will "not cause significant harm to competition or the interests of consumers." The deal will give BT a 32 per cent share of the the mobile subscription market and nearly 600 EE shops. Earlier this week The Register …
Kat Hall, 15 Jan 2016

CSC beats off Capita, snaps up Xchanging for £480m

Computer Sciences Corporation is to snap up business processing outfit Xchanging for £480m, having beaten off its rival suitor Capita. The move appears to be part of plans to split CSC into two publicly traded companies: one for commercial and government clients globally and one to serve public sector clients in the US. Mike …
Kat Hall, 9 Dec 2015
BT Openreach van

BT posts flat results following EE merger green light

Telecoms giant BT posted flat results for its second quarter earnings, just days after it was given the green light by Blighty's spending watchdog to snap up mobile operator EE for £12.5bn. For the three months to September, the one-time state monopoly posted flat revenue of £4.38bn for the second half of 2015, compared with …
Kat Hall, 29 Oct 2015
Alarm clock

EMC+Dell: Firm made a $2bn bed-hopping proposal

EMC-Dell deal Not content with its $67bn (£44bn) offer from Dell, EMC has said it will pay the firm a $2bn (£1.5bn) "break fee" if it receives a "superior offer" before the deal is officially "consummated." On Tuesday the company said, in a statement uploaded to the Securities and Exchange Commission's website, that its agreement to be …
Kat Hall, 13 Oct 2015
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Vodafone left the lonely singleton as Liberty deal kiboshed

European telco Liberty Global and Vodafone have put the kibosh on their possible merger, the mobile network operator announced late Monday. The businesses have been flirting with the idea of a potential £120bn love-in for sometime. But in a filing to the London Stock Exchange the global telco giant said: "Vodafone today …
Kat Hall, 29 Sep 2015
Selection of Australian banknotes

M2, Vocus merge to form down under’s newest billion-dollar telco

Fibre and data centre owner Vocus and consumer/business carrier and service provider M2 are merging to create what they are calling a “full-service vertically integrated telco”. Assuming shareholders agree and the plan gets nodded through by regulatory authorities — both seem likely — they will merge early next year to become …
Bill Bennett, 28 Sep 2015
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Is SanDisk becoming an acquisition target as the market consolidates?

Rumors and speculations are mounting that SanDisk might be an acquisition target, with reports indicating it's been chatted up by two suitors wanting to buy it, with Western Digital (WD) in the frame. There is strong logic for such a deal, as SanDisk is a hugely hot flash product supplier, and partners Toshiba in the flash …
Chris Mellor, 4 Sep 2015
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CSC beefs up public sector biz with $390m merger deal

Soon-to-be split CSC is merging its government services biz with US public sector IT outfit SRA for $390m (£254m). The acquisition will add around $1.4bn (£911m) in revenue and 5,000 staff to CSC's public-sector outfit, creating combined annual sales of $5.5bn (£3.6bn) and a workforce of nearly 19,000 employees. Mike Lawrie, …
Kat Hall, 1 Sep 2015

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