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Software Moguls Engage in a Deal

Larry Ellison of Oracle Corp and Salesforce.com's Marc Benioff publicly announced partnership to sell more internet based software.


Fiat's Option on VEBA's shares in Chrysler under review

Fiat's options to purchase VEBA shares is in dispute as to the valuation of the shares. (Photo : Reuters )Fiat (FIA. MI) shares rose after its third-quarter profits in U.

Adobe Acquires Neolane for US$600 Million

Adobe Systems Incorporated announced its acquisition of Neolane, a privately held software platform for a deal priced at US$600 million in cash.

UPDATE: Empire State Building Owners Receive Third Acquisition Offer

Empire State Building owners received its third unsolicited offer for the iconic skyscraper. (Photo : Reuters)The image is the Empire State Building in the twilight.


Latest News

The owners of Financiere SELEC, namely Deutsche Bank and LBO Frane, is selling off SELEC's residential real estate portfolio.
Abu Dhabi's Mubadala and Taiwan's Farglory are working for the completion of the Al Maryah project in the Middle East kingdom's free port zone.
Rona Inc, in a bid to be more competitive, is further cutting back on overheads and salaries. (Photo : Reuters)The image is the corporate logo of Rona Inc.
TD Bank entered into an agreement with Aeroplan under Aimia's management. (Photo : Reuters)The image is a TD Canada Trust Bank branch on a busy sidewalk.
Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Last Wednesday, Religare announced the investment of US based bank, Customers Bancorp Inc valued at US$51 billion.
Itau Unibanco bought 99.99% of BMG Seguradora. (Photo : Reuters)The image is an Itau Unibanco branch, the top global debt manager. The largest private sector bank in Brazil, Itau Unibanco Holding SA, had entered into an agreement to purchase insurance firm BMG Seguradora SA for the price of 85 million reais or US$39 million.
Jason Hardage was hired by USA Tank for the regional sales manager position. (Photo : Reuters)This is an oil tank. Tank storage systems provider USA Tank said on Thursday that it hired Jason Hardage as its new regional sales manager.
Duke Street bought 35 percent of Paris-based Tikehau. (Photo : Reuters)This is a region in France where Tikahau Group holds headquarters. Duke Street agreed to partner with Tikehau Group, a private investment company based in Paris, France.
Silverback announced its acquisition of Noetix Corporation. (Photo : Reuters)Oracle E-Business Suite is a service offered by Noetix. Silverback Enterprise Group announced on Thursday that it has successfully bought Noetix Corporation, a software products provider based in Redmond, Washington.