Softbank's CEO, in a battle with Dish Network to acquire U.S. mobile operator Sprint Nextel, slammed a US$25.5 billion offer made by Dish, saying it is based on "imaginary" numbers and would create a company with "insane" amounts of debt.
Intel has backed SoftBank's bid for Sprint Nextel, citing that the deal would bring needed competition in the wireless space in the U.S.
Software AG has picked up cloud PaaS (platform-as-a-service) vendor LongJump in a bid to give small and medium-sized companies a way to rapidly develop applications with less involvement from IT. Terms of the deal, which was announced Thursday, were ...
Making good on a promise made in December, VMware and parent company EMC have launched a new company, called Pivotal, to offer an enterprise-ready data analysis platform as a service (PaaS) based on software from both companies.
The merger of T-Mobile USA and MetroPCS cleared its last major hurdle on Wednesday as MetroPCS shareholders overwhelmingly approved the deal.
Two companies offering third-party support for Oracle's open-source MySQL database, as well as the MySQL offshoot MariaDB, have announced plans to merge.
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners, according to news reports.
Any deal by IBM to sell parts of its server business to Lenovo is likely to focus on low-end commodity x86 hardware, not higher-end x86 systems such as IBM's PureSystems and iDataPlex servers, an industry analyst said Thursday.
IBM is in "advanced discussions" with Lenovo over a possible deal for it to purchase IBM's x86 server business, according to two news reports.
Intel has purchased Mashery, a provider or API management tools, in the chip maker's latest move to expand into software and services.
As part of the review process of potential offers to take Dell private, the company announced that its board of directors approved an agreement with Carl Icahn that would cap the amount of shares owned by the activist investor.
Verizon Wireless reportedly has offered US$1 billion to $1.5 billion for some of Clearwire's spectrum leases, possibly complicating Sprint Nextel's attempt to buy out the company in conjunction with its acquisition by Softbank.
Dish Network has made a US$25.5 billion bid to acquire wireless operator Sprint Nextel, hoping to edge out a rival bid from Japanese operator SoftBank.
Arris Group has received clearance from the U.S. Department of Justice for its proposed acquisition of the Motorola Home business.
MetroPCS has pushed back a hotly anticipated shareholder meeting that will decide the fate of the carrier's proposed merger with T-Mobile USA.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
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