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.
LinkedIn, the world's largest professional networking site, continues to beef up its content publishing platform with its agreement to acquire Pulse, which makes a mobile news aggregation, reader and content distribution application.
A sweeter offer for the merger of T-Mobile USA and MetroPCS reportedly has been approved by T-Mobile parent company Deutsche Telekom.
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market.
Microsoft has sold its Mediaroom IPTV platform to Ericsson in order to solely focus on the Xbox. For Ericsson, the deal will make it the largest provider of "IPTV and multi-screen solutions," it said on Monday.
Cisco is planning to buy femtocell maker Ubiquisys for US$310 million in cash and retention-based incentives, the company announced on Wednesday.
Amazon.com will acquire Goodreads, a website that recommends books.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.