IT Management > Mergers & acquisitions

Facebook buying drone manufacturer for US$60m: reports

06 March, 2014 by Andrew Collins

Facebook is in talks to purchase drone manufacturer Titan Aerospace, according to recent news reports.


Melbourne IT buys Netregistry for $50m

04 March, 2014

Domain registrar Melbourne IT has entered into an agreement to purchase Netregistry Group in a deal worth $50.4 million.


HP: fraud victim or tax dodger?

10 February, 2014 by Dylan Bushell-Embling

HP has restated Autonomy's pre-acquisition profit by 81% as part of its allegations of financial improprieties at the software company. But Autonomy's former managers claim the move may be aimed at minimising HP's UK taxes.


Lenovo to buy Motorola for US$2.91 billion

04 February, 2014 by Andrew Collins

Lenovo will buy handset manufacturer Motorola Mobility from Google for approximately US$2.91 billion under a new agreement between the companies.


Google buys AI start-up for US$600+ million

30 January, 2014 by Andrew Collins

Google will purchase artificial intelligence start-up DeepMind under a new deal reportedly worth upwards of US$600 million.


Lenovo to purchase IBM x86 server business for US$2.3 billion

28 January, 2014

Lenovo plans to purchase IBM's x86 server business for a cash and stock package worth around US$2.3 billion dollars under a new definitive agreement between the two companies.


Telstra buys O2 Networks for $60 million

22 January, 2014 by Andrew Collins

Telstra has acquired network solutions provider O2 Networks in a deal reportedly worth $60 million.


Analysis: Sensis sale part of Telstra transformation

21 January, 2014 by Dylan Bushell-Embling

Telstra's $454m sale of a 70% stake in Sensis is likely aimed at helping the company pursue its goal of growing through expansions into Asia, cloud services and new digital media.


Google's US$3.2bn Nest Labs purchase raises privacy concerns

16 January, 2014 by Andrew Collins

Google this week announced it plans to purchase home automation company Nest Labs for US$3.2 billion in what pundits are labelling a move into the Internet of Things. Users, however, have raised privacy concerns about the purchase.


Michael Dell buys Dell Inc for $27 billion

17 September, 2013 by Andrew Collins

Michael Dell has succeeded in buying back the company he founded in 1984, with Dell shareholders approving his joint bid with private equity firm Silver Lake to buy out the company and take it private, in a US$24.9 billion (approx AU$27 billion) transaction.


Verizon buys out Vodafone joint venture for US$130 billion

05 September, 2013 by Andrew Collins

Verizon Communications has bought Vodafone's portion of the two companies' joint venture, US mobile network operator Verizon Wireless, for US$130 billion (AU$142 billion), in what is reportedly the third-largest announced corporate deal in history.


HP chairman steps down; European states consider legal action against Google

09 April, 2013 by Andrew Collins

HP’s chairman, Ray Lane, has stepped down after being narrowly re-elected at this year’s annual meeting. Meanwhile, regulators in six European states are looking at laying fines on Google for its 2012 changes to its privacy policies.


IT enrolments drop further; Cisco sells Linksys to Belkin; ACCC pursues TPG

29 January, 2013 by Andrew Collins

This week in IT: Grattan Institute figures show yet another fall in IT enrolment share, Belkin buys Cisco’s home networking business and the ACCC seeks to overturn a court’s decision about TPG and misleading advertising.


Melbourne IT to sell business units; Samsung and Dell printers remotely exploitable; Feds launch Warrnambool exchange fire inquiry

03 December, 2012 by Andrew Collins

Andrew Collins looks at the big stories in IT from the last seven days, including Melbourne IT’s latest strategy to turn around its recent tradings slump, a vulnerability in some Samsung and Dell-branded printers that could allow attackers access to your network and the launch of an inquiry into the recent destruction of Telstra’s Warrnambool telephone exchange.


Twitter hospitalisation, clandestine patent talks and Michael Malone cashes in

03 September, 2012

We take a look at the more interesting stories in IT from the last week, including media personality Charlotte Dawson’s hospitalisation following vicious Twitter exchanges, secret patent talks between Larry Page and Tim Cook, and Michael Malone’s sale of $13 million worth of iiNet shares.


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