BROWSING: purchase

Oracle agreed to acquire Acme Packet, which makes network solutions to deliver voice, video, data and unified communications services and applications across IP networks. Under the agreement, Oracle will pay $29.25 per share in cash representing a fully diluted equity value of $2.1 billion....

ORLANDO, Fla. — NetCracker Technology took the opportunity at the recent TM Forum Management World Americas held in Orlando. Fla., (check out all pieces and see our videos) to show how its  acquisition of Convergys' BSS business  has solidified its focus on expanded its reach in...

The Spanish group Telefónica is looking to add video chatting to its services. Through its unit Telefónica Digital, the company acquired U.S.-based TokBox with the goal of driving innovation in its core communications business with capabilities that now extend beyond voice and messaging to...

Spain’s Telefónica has agreed to sell its call-center business Atento to Bain Capital for about U.S.$ 1.34 billion (€ 1.039 billion). Industry observers say the company wants to raise cash through asset sales because it is struggling under a heavy debt load. The deal...

Oracle announced that it has entered into an agreement to acquire SelectMinds, a provider of cloud-based social talent sourcing and corporate alumni management applications. This acquisition follows Oracle's previous asset purchase of Skire, a provider of capital program management and facilities management applications, which...

Columbus International Inc. announced that it has officially obtained approval to acquire TeleBarbados Inc. and enter the Barbados telecommunications market. With this approval, Columbus aims to introduce two services to Barbados: Flow, a consumer-focused triple-play video, broadband and voice provider, and Columbus Business Solutions,...

Two events shook up the Brazilian computer manufacturing market on Tuesday. The Brazil's personal-computer maker Positivo Informática announced that it will start producing mobile phones and smartphones. On the same day, it was rumored that China's Lenovo Group Ltd. intends to acquire Brazil electronic goods...

Paraguay’s telecom regulator Conatel (Comisión Nacional de Telecomunicaciones) has authorized Tigo, owned by Millicom International Cellular, to complete its acquisition of Cablevisión. The binding agreement to acquire Paraguay’s cable pay-TV service provider, Cablevisión, for U.S.$150 million was signed in June. Since then, the telephony...

Looking to enhance its social business vertical, IBM (NYSE: IBM) announced the acquisition of Kenexa Corporation (NYSE: KNXA) yesterday. The companies have entered into a definitive agreement, under which IBM will pay a cash price of $46 per share or a net price of...

Tampa-based cellular phone systems company Syniverse announced it has reached an agreement to acquire its rival, Luxembourg-based Mach, for a cash consideration of approximately $693 million (€550 million). The move aims to expand Syniverse's global reach and scale. The deal is still subject to...

Carlos Slim did it. In its third move within a month, telecom group América Móvil, which is controlled by billionaire Slim, reached its goal of increasing its stake in Dutch-based KPN NV from 4.8% to 27.7%. KPN shareholders representing nearly 40% of all shares...

Following rumors, Microsoft Corp. paid $1.2 billion in cash to buy Yammer Inc., a provider of social networking software for businesses and institutions. The agreement was made public yesterday. “The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people...

Mexican billionaire Carlos Slim is continuing his quest to increase América Móvil’s (AMX) share of the European market, intensifying its rivalry with Telefónica. In the latest chapter of AMX's effort to achieve a 28% stake in the Netherlands-based telecom company KPN NV, AMX  announced...

Latin America telecom giant América Móvil has moved forward on its plans to increase its stake in Dutch-based telecom company KPN, saying it now holds 8.46% of KPN's stock. According to its statement, América Móvil has entered into three separate transactions pursuant to which it purchased...

Mexican broadcaster Televisa has accepted conditions imposed by Mexico’s anti-monopoly regulator the Federal Competition Commission (Cofeco), to acquire 50% of mobile phone operator Grupo lusacell for $1.6 billion. Cofeco approved the acquisition plans last week. Cofeco's approval came after the government agency had rejected the plan earlier this...

América Móvil said it has entered into an agreement with Marathon Zwei Beteiligungs GmbH, a wholly owned subsidiary of RPR Privatstiftung, to acquire approximately 21% of the outstanding shares of Telekom Austria, which counts 20.3 million wireless subscribers and 2.6 million fixed lines. If approved,...

Rumors indicate that Microsoft (MSFT) is in discussions to purchase Yammer, a provider of social networking software for businesses and institutions. Reports suggest the company is expected to pay $1.2 billion for Yammer. The move shows Microsoft could be looking to add more social and...

Mexico's anti-monopoly regulator Federal Competition Commission (Cofeco) has approved Televisa's plan to acquire half of mobile phone operator Grupo Iusacell. The approval came after the government agency rejected the plan earlier this year. Since that rejection, the players were given time to address concerns, though earlier...

Dutch telecom operator KPN has had a busy month attempting to counter a move by Mexico-based operator América Móvil, which is looking to increase its presence in the European market. About a month ago, América Móvil – the wireless carrier group controlled by...

Spain telecom giant Telefónica announced it has agreed to sell almost half its stake in China Unicom (4.56%) for about $1.41 billion (€1.13 billion) to the Chinese telecom’s unlisted parent company. It is part of Telefónica's efforts to cut debt. China Unicom’s shares (CHU...

Less than a month after Oracle's purchase of the cloud-based social marketing and engagement platform Vitrue, the company announced on June 5 that it has entered into an agreement to acquire the cloud-based social intelligence firm, Collective Intellect. It is the IT giant's second...

Cloud computing is the new king of the information technology market, and three acquisitions announced this week underscore the point. On Tuesday Germany's SAP AG unveiled its plans to buy cloud-based business commerce network Ariba Inc to expand its cloud presence, in a deal...

Analytic data solutions provider Teradata (NYSE: TDC) announced an agreement to acquire Munich, Germany-based eCircle, a cloud-based digital marketing firm. The addition of eCircle is intended to enhance and expand Teradata’s overall big data market prowess. According to Rob Brosnan, an analyst with Forrester Research,...

IBM (NYSE: IBM) yesterday announced it will acquire Vivisimo, a Pittsburgh-based firm that helps large organizations access and analyze enterprise data.  IBM also announced that its big data platform will now run on Cloudera’s distribution of Hadoop. The announcements reinforce IBM's growth strategy of seeking  business analytics and optimization opportunities. IBM is under an aggressive acquisition plan...