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Thursday, February 4, 2010

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Intel Corp. has entered into a definitive agreement to acquire Wind River Systems Inc., under which it will acquire all outstanding Wind River common stock for $11.50 a share in cash, or around $884 million in the aggregate.
Emulex Corp., a provider of converged networking solutions for the data center, announced that its Board of Directors, with the assistance of its financial and legal advisors, has completed its evaluation of the unsolicited, non-binding proposal received on April 21, 2009 from Broadcom Corp. to acq
3i Infotech Ltd., a provider of IT solutions, announced that it has entered into an agreement to acquire J.P. Morgan Treasury Services' national retail lockbox business (NRLB).

3i Infotech said its Regulus Group is currently the largest outsourced remittance processing provider in the U.S. and t
Oracle Corp. and Sun Microsystems have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash.

The transaction is valued at around $7.4 billion, or $5.6 billion net of Sun's cash and debt.
The United Nations is discussing rules to cut the soaring emission of greenhouse gases from shipping. The environment committee of the International Maritime Organisation is drawing up recommendations for design standards to make...
Whether the job loss is in sectors, states, regions, or the nation, unemployment will increasingly become the subject of much discussion. In fact, news of the rising unemployment rate and company layoffs abound as the we face the biggest economic downturn of a generation. This topic will track the
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