Posted on 20 September 2010
Tags: covisint, cpwr, current, deal, deal-closed, mike reinstein, morning, raleigh, reinstein, said-its, said-the-deal, slightly-accretive, support-systems, the-current
Compuware (CPWR) this morning said its Covisint unit has agreed to acquire Raleigh, N.C.-based DocSite, a provider of clinical decision support systems, for an undisclosed amount of cash. Compuware said the deal will be slightly accretive in the current fiscal year. The deal closed September 17.
CPWR is unchanged at $8.62.

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 02 September 2010
Tags: aol, companies-said, deal, goog, include-mobile, including-mobile, its-deal, michael reinstein, morning, provide-search, reinstein, said-the-deal, the-deal, will-provider
Google (GOOG) this morning announced a five-year renewal and expansion of its deal to provide search services to AOL (AOL). The companies said the deal has been expanded to include mobile search and YouTube.
Google will provider search and advertising services to AOL, including mobile search. Terms of the deal also [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 01 September 2010
Tags: amsterdam-based, deal, gaap, mike reinstein, morning, nedstat, net-income, rest, said-the-deal, scor, the-deal, the-rest, will-contribute
Comscore (SCOR) this morning said it has acquired Nedstat, an Amsterdam-based web analytics company, for $36.7 million.
The company said the deal will contribute about $4 million in revenue for the rest of 2010. Comscore expects the deal to be dilutive to 2010 GAAP and non-GAAP net income, but accretive in [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 31 August 2010
Tags: angeles-based, between-the-two, european, fairchild, mediabeat, mike reinstein, regional, reinstein, said-the-deal, underlying, venturebeat
Ad serving company OpenX just announced that it’s moving into the Japanese market, thanks to a partnership with Cyber Communications Inc (CCI).
OpenX Chief Revenue Officer Jason Fairchild said the deal is similar to a partnership announced earlier this year between OpenX and European giant Orange — except that CCI is an ad agency holding group, not a telecom company like Orange. In both cases, OpenX provides the underlying ad exchange technology, where advertisers can bid on every impression in a website through a real-time auction. The local partner actually sells and operates the service.
In the case of of CCI, which is a subsidiary of Japanese advertising company Dentsu, the company will incoroporate the ad exchange into a larger suite of advertising products. OpenX and CCI charge a 20 percent fee on each transactions, although they aren’t specifying the split between the two companies.
Fairchild said Los Angeles-based OpenX is the only ad exchange company expanding through this partnership model, something that’s more friendly to agencies and media organizations than the approach of a company like Google.
“I think this is hugely impotent that a viable alternative to Google is emerging,” Fairchild said. “We think our technology, along with our regional partner model, offers that alternative.”
OpenX has now raised a total of $30.8 million.


Article courtesy of VentureBeat » Deals & More
Posted on 30 August 2010
Tags: 430-million, 943-million, cogt, deal, fourth, michael reinstein, mike reinstein, mmm, morning, reinstein, said-the-deal, the-fourth
3M (MMM) this morning announced a deal to acquire Cogent (COGT), which makes fingerprint, palm, face and iris scanning systems, for $10.50 a share, or about $943 million – or $430 million net of cash acquired.
The deal is expected to close in the fourth quarter.
3M said the deal will be [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 26 August 2010
Tags: deal, dell, hpq, michael reinstein, mike reinstein, morning, offer, par, raised-its, said-the-deal, the-deal
Dell (DELL) this morning raised its offer for 3Par (PAR) to $24.30 a share in cash from $18, topping the $24 offer from Hewlett-Packard (HPQ). The Offer is worth about $1.6 billion. The company said the deal should be accretive to Dell’s non-GAAP earnings by FY 2012. Dell says the [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 16 August 2010
Tags: cable, cable-modem, deal, employees, intc, its-focus, michael reinstein, morning, said-the-deal, texas, the-deal, the-employees, txn, unit
Intel (INTC) this morning said it has agreed to acquire the Texas Instruments (TXN) cable modem product line. Terms of the deal were not disclosed. Intel said the deal “enhances” its focus on the cable industry and related consumer electronics market segments.
Intel said all of the employees of the unit [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 16 August 2010
Tags: before-the-end, deal, dell, gaap, highly-virtualized, morning, reinstein, said-the-deal, storage-solutions, the-end
Dell (DELL) this morning agreed to buy 3Par (PAR), a provider of “highly virtualized storage solutions” for about $18 a share in cash, or $1.15 billion, net of 3Par’s cash position. The deal is expected to close before the end of 2010.
Dell said the deal should be accretive to non-GAAP [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 13 August 2010
Tags: 69-2-million, australia-based, avt, deal, deal-should, group, immediately-accretive, michael reinstein, mike reinstein, morning, said-the-deal
Avnet (AVT) this morning announced a deal to acquire itX Group, an Australia-based valued-added distributor of software, hardware and services, for $69.2 million in cash. The deal is subject ti itX holder approval. The deal is expected to close in 120-150 days. Avnet said the deal should be “immediately accretive” [...]

Article courtesy of BARRONS.com: Tech Trader Daily
Posted on 19 July 2010
Tags: 500-employees, acquire-the-majority, deal, mike reinstein, morning, motorola, nok, nokia-siemens, reinstein, said-the-deal, the-end, will-transfer
Nokia Siemens (NOK, SI) this morning announced a deal to acquire the majority of Motorola’s (MOT) wireless network infrastructure business for $1.2 billion in cash. The deal is expected to close by the end of 2010.
Nokia Siemens said the deal will “enhance profitability and cash flow.”
About 7,500 employees will transfer [...]

Article courtesy of BARRONS.com: Tech Trader Daily