Tag Archive | "the-deal"

Hey, Lady Gaga, You Are A Real Jackass

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This morning I woke up to a news story circulating the wires about Lady Gaga enlightening us on something she calls her 'drunk diet':
“I live my life as I want to, and creatively. I like to drink whiskey and stuff while I am working. But the deal is I've got to work out every day and I w[...]

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Google: Groupon Wanted Huge Breakup Fee, Business Insider Says

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Business Insider’s Nicholas Carlson this afternoon reports online coupon outfit Groupon turned down a rumored $6 billion purchase by Google (GOOG) because Groupon’s board was concerned anti-trust scrutiny of the deal would be too great, and the thing might not have passed muster with regulators in the end.
Citing anonymous sources, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Apple Gets Rights To Sell Beatles Music On iTunes, WSJ Says

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Apple (AAPL) has – finally – reached an agreement to sell Beatles albums on iTunes, the WSJ reports.
Earlier today, Apple disclosed in an unusual announcement on the Apple.com home page that it planned to make a significant announcement related to iTunes tomorrow morning.
The Journal said terms of the deal between [...]

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EMC Close To Deal To Buy Isilon Systems, N.Y. Post Reports

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EMC (EMC) is close to announcing a deal to acquire storage systems vendor Isilon Systems (ISLN), according to The New York Post.
The Post said the two sides “were very close to an agreement” over the weekend, and that the deal should be completed early this week barring any last minute [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Level 3 Signs Deal To Be A Primary Netflix CDN; Shares Rally

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The plot thickens on the Netflix (NFLX) content delivery network saga.
This morning, Level 3 Communications (LVLT) said it has been selected to “serve as a primary content delivery network provider” for Netflix. The company said that as a result of the deal, it has accelerated plans to further invest in [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Universal Electronics Buys China-Based Remote Control Maker

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Universal Electronics (UEIC) said it has acquired China-based Enson Assets from CG International Holdings for about $110 million. Enson designs, makes and markets remote controls for OEMs. The company is paying for the deal with $95 million in cash plus 1.46 million UEIC shares.
The company said the deal should add [...]

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J2 Global Buys KeepITsafe Data

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J2 Global Communications (JCOM) this morning said it acquired keepITsafe Data Solutions, an Ireland-based provider of cloud-based online backup services. Terms were not disclosed, and the company said the financial impact of the deal is not expected to be material.

Article courtesy of BARRONS.com: Tech Trader Daily

DragonWave Rallies On Pair Of Contract Announcements

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DragonWave (DRWI) shares are trading higher after the company this morning made a pair of contract announcements.

The company said it signed a deal with The Blue Zone, a fixed wireless provider, for microwave backhaul equipment to be used in a system in Jordan. The value of the deal was not [...]

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Isilon Reportedly In Talks To Be Acquired By EMC For Over $2B

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EMC (EMC) is in “exclusive talks” to acquired Isilon Systems (ISLN) for more than $2 billion, the New York Post reports. The Post qutoes “a source close to the situation” as saying “the deal will be done this year.” ISLN closed last week with a market cap of about $1.8 [...]

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Broadcom To Buy Beceem Communications For $316 Million

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Broadcom (BRCM) this morning said it agreed to acquire privately held Beceem Communications, a Santa Clara-based provider of 4G wireless components, for $316 million in cash. The company said the deal should be neutral to earnings in 2011. The deal is expected to close by in Q4, or by the [...]

Article courtesy of BARRONS.com: Tech Trader Daily