A bullish outlook for the third quarter and the rest of the year from Ford Motor Co. helped give stocks a lift to close out the week, but pressure from a spike in oil prices pared the gains. Ford said its financial services unit was largely responsible for the improved outlook, rather than boosted c...
Infineon Technologies AG announced today that it has reached an agreement with the United States Department of Justice, Antitrust Division. Infineon will plead guilty to a charge related to the violation of U.S. antitrust laws in connection with the pricing in its Dynamic Random Access Memory (DRAM)...
NetSolve, a security and infrastructure applications developer, has signed an agreement with Cisco under which Cisco will acquire NetSolve for a purchase price of US$11.00 per share in cash. "Our board has concluded this is a fair transaction for our stockholders and will be recommending its approva...
Oracle has prevailed in a lawsuit filed by the Department of Justice seeking to block its proposed acquisition of PeopleSoft. The decision, even though it can be appealed, removes a significant roadblock to the acquisition. "This decision puts the onus squarely on the board of PeopleSoft to meet wit...
Circuit City and Verizon Wireless have signed an agreement to create a Verizon Wireless store within each of more than 570 Circuit City stores around the country.
Ciber today reported that it has signed a stock purchase agreement to acquire, subject to approval by German antitrust authorities, approximately 67 percent of the net outstanding shares of Novasoft AG, a Heidelberg, Germany, international consultancy specializing in implementation of SAP's products...
The Thomson Corporation and KnowledgeNet, a privately held company, have signed an agreement under which Thomson will acquire KnowledgeNet and merge it with its enterprise learning business, Thomson NETg. "The acquisition underscores our commitment to delivering high-impact integrated learning solut...
TiVo reported today that it added approximately 288,000 total subscriptions in the second quarter, more than triple the number it added in Q2 of last year. According to TiVo, the company's total installed base has more than doubled to approximately 1.9 million in the past twelve months. Service reve...
Finnish telecom provider Nokia announced on Thursday that it had, together with the UK telecom operator Vodafone, formed a mobile service architecture initiative. The aim of the initiative is to simplify mobile Java standards by defining the next generation, open standards-based mobile Java services...
The European Commission on Wednesday opened an in-depth investigation into plans for joint takeover of ContentGuard, a US anti-piracy tech firm, by Microsoft and Time Warner. ContentGuard, formerly controlled by Xerox, is active in the development and licensing of intellectual property rights (IPRs)...
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