Articles about joint venture


Cisco to sink $16m in cloudy Chinese joint venture with TCL Corp

Cisco is planning to set up a new $80m commercial cloud joint venture with Chinese electronics firm TCL Corp, according to a company filing. TCL told Shenzhen Stock Exchange (translated by Google) that Cisco would invest $16m in the new firm and hold a 20 per cent stake, while TCL takes care of the rest of the investment for …

EMC backs Iomega up into Lenovo partnership

The first fruits of a global technology partnership between storage giant EMC and server upstart Lenovo have ripened as the two companies have launched LenovoEMC Limited, which pairs EMC's Iomega entry-level network-attached storage (NAS) arrays with Lenovo's ThinkServer product lines. EMC acquired Iomega in early 2008 to …
Broken CD with wrench

Sony wants Ericsson's half of their mobile biz

Sony Corp is in talks with Ericsson to buy out its stake in their 50/50 mobile phone joint venture Sony Ericsson. The ubiquitous "people familiar with the matter" have been busy chatting to both the Wall Street Journal and Reuters about how Sony would like to bring the 10-year pact to an end so that it can integrate …
The Register breaking news

Three complains to Brussels over NFC exclusion

The UK's smallest operator, Three, has launched a preemptive strike against the NFC gang of three which was announced in June, claiming its exclusion is competitively motivated. The alleged cartel, which still lacks a name, is jointly owned by Everything Everywhere, Telefonica UK and Vodafone, and is intended to create a …
Bill Ray, 8 Sep 2011
homeless man with sign

Apple to launch queue-jumping service for little people

Apple is to launch a queue-jumping service for those who urgently need a genius and are prepared to pay to avoid the wait. For a token $500 a year Apple will enrol five users into its new "Joint Venture", providing telephone support and the aforementioned priority service, according to reports from both Boy Genius Report and …
Bill Ray, 1 Mar 2011
For Sale sign detail

Cisco and EMC in joint venture blitz

The long rumored partnership between networking giant and server wannabe Cisco Systems, server virtualization juggernaut VMware, and storage powerhouse (and VMware owner) EMC will be announced this week, according to various reports. The three companies have been rumored to be working on some sort of formal joint venture to …
The Register breaking news

Zuckerberg flirts with record labels, eyes digital music biz

Facebook CEO and founder Mark Zuckerberg wants a slice of the digital music biz action, since the other boys (MySpace) have their own portion. According to the New York Post the fact that News Corp launched MySpace Music just last month means boydroid Zuckerberg also wants in on the whole shebang. He’s in discussion with a …
Kelly Fiveash, 17 Oct 2008
The Register breaking news

China wins, Symbian loses in Sony Ericsson reorg

Sony Ericsson announced a company reorganisation yesterday, intended to rationalise its R&D investment. The 2,000 job losses had been announced after another brutal quarter back in July, so yesterday's announcement tells us where these will fall. User interface development will be centered in Beijing. The move also sees …
Andrew Orlowski, 30 Sep 2008
The Register breaking news

Boris boots Transys off Oyster contract

Transport for London and London's mayor Boris Johnson have ended their contract with Transys, the group of companies which provide Oyster cards - the card ticketing system for the capital's buses, trams, some trains and tubes. TfL said it is convinced it can save money by offering the contract to another company. The Oyster …
John Oates, 8 Aug 2008
Siemens logo

Siemens flogs chunk of telco unit

Siemens has finally found a buyer, or at least part-buyer, for its corporate telecoms business. Siemens Enterprise Communications is now 51 per cent owned by Alec Gores and the Gores Group. It will be combined with Enterasys and SER Communications. Enterasys was originally the enterprise arm of Cabletron before going private …
John Oates, 30 Jul 2008
The Register breaking news

BenQ administrator threatens to sue Siemens

Was BenQ Mobile insolvent in May 2006, long before it filed for liquidation? The company's insolvency administrator in Germany, Martin Prager, is preparing a multi-million euro lawsuit against Siemens in the belief that it was. German paper Die Welt broke the news on Saturday, but initially a spokeswoman for the insolvency …
Jan Libbenga, 7 Jul 2008
BBC logo

Commercial iPlayer faces anti-trust shakedown

Project Kangaroo, the commercial on-demand web TV service being developed by BBC Worldwide, ITV and Channel 4, will be investigated by the Competition Commission amid concern that it could stifle rival online efforts. The probe will run for up to 24 weeks, and could mean the joint venture is forced to supply competing services …
fingers pointing at man

Sanyo results hint at financial recovery

Scandal-hit electronics firm Sanyo showed signs it may be on the road to recovery despite posting net losses of ¥45bn (€275m) in its annual results. The results, for the year ending 31 March 2007, showed the Osaka-based firm had sales of ¥2,215bn (€13.5bn), down 7.6 per cent from the previous year. Sanyo saw its operating …
Emmet Ryan, 29 May 2007

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