HP has acquired LeftHand Networks Inc., a storage virtualization and iSCSI storage area network (SAN) solutions company for $360 million in cash. LeftHand Networks’ solutions enable midsize companies and remote offices or branches of large corporations to easily and cost-effectively protect critical business data
Founded in 1999, LeftHand Networks is privately held and headquartered in Boulder, [...]
All Posts Tagged With: "merger"
HP acquires LeftHand networks for $360 million
Sandisk tight lipped but Samsung sings
Sandisk issued a statement yesterday about rumors that Samsung may be acquiding the flash memory maker. It’s business as usual it seems
“SanDisk periodically has conversations with multiple parties, including Samsung, regarding a variety of potential business opportunities. We evaluate all of these opportunities, but maintain a policy of not commenting on market rumors or speculation.”
However, [...]
Twitter acquires Summize
The Twitter blog has revealed that Twitter has has acquired Summize—a search tool for twitter. All five Summize engineers will move to San Francisco, CA and take jobs at Twitter, Inc.
Twitter had previously introduced a feature called Track close to a year ago because for filtering - a key component of the Twitter experience. The [...]
Microsoft open to Yahoo deal with an alternate board
“While of course there can be no assurance of a future transaction, we will be prepared to enter into discussions immediately after Yahoo!’s shareholder meeting if a new board is elected” - Microsoft
Microsoft Corp. today issued a press release with their latest stance on possible deals with Yahoo. In summary, Microsoft is open to working [...]
July 7th, 2008 | rp | Comments | Continued
Virgin Mobile acquires Helio
Virgin Mobile USA, Inc. today announced that it has acquired Helio, a joint venture between SK Telecom and EarthLink, Inc. As part of the deal, Virgin Mobile USA will acquire Helio from SK Telecom and EarthLink for limited partnership units equivalent to 13 million shares of Virgin Mobile USA class A common stock, with a [...]
June 28th, 2008 | rp | Comments | Continued
Yahoo says it is open to value maximizing transactions
Yahoo issued a statement in response to the announcement by Microsoft Corporation that it is continuing to review potential transactions with Yahoo!
Yahoo confirmed with Microsoft that it is not interested in pursuing an acquisition of all of Yahoo! at this time. Yahoo! and its Board of Directors continue to consider a number [...]
Ballmer’s letter to Jerry Yang - not acquiring Yahoo
Dear Jerry:
After over three months, we have reached the conclusion of the process regarding a possible combination of Microsoft and Yahoo!.
I first want to convey my personal thanks to you, your management team, and Yahoo!’s Board of Directors for your consideration of our proposal. I appreciate the time and attention all of you have given [...]
Microsoft Withdraws offer to acquire Yahoo
Microsoft has withdrawn it’s offer to acquire Yahoo after several unsuccesful rounds of discussions between the companies. Microsoft made a $31 a share bid for Yahoo on January 31st in an effort to compete with Google, the market leader in internet search.
Yahoo’s CEO, Jerry Yang, has stood firm on his belief that a $31 a [...]
