Akamai Technologies Inc said it will spend about $370 million to acquire Prolexic Technologies Inc, a pioneer in fighting distributed denial of service attacks, cyberthreats that cripple networks by overwhelming them with Internet traffic.
Country
BlackBerry is "here to stay" - interim CEO
BlackBerry Ltd is "very much alive, thank you," Interim Chief Executive John Chen affirmed in an open letter on Monday in which the smartphone maker committed itself to rebuilding as a niche player concentrating on the enterprise market.
DigitalOcean's new Amsterdam data center signals European expansion, eyes Singapore as its next target
A second data center in Amsterdam was launched by software Design Description (SDD)-only web hosting and cloud infrastructure provider DigitalOcean as part of its strategy to meet customer demand in cloud services.
Skyphrase consolidates with Yahoo in acquisition deal
Tech news site TechCrunch believes that Yahoo Inc's acquisition of natural language processing technology builder SkyPhrase is to improve its content delivery to its mobile audience.
Forest Labs to buy schizophrenia drug, cut costs
Forest Laboratories Inc, which is facing patent expirations on several of its biggest drugs, on Monday said it plans to buy rights to a new schizophrenia treatment from Merck & Co and cut annual operating costs by $500 million in fiscal 2016.
Latest News
An article on Forbes detailed how e-commerce giant Amazon manages to dominate the market despite embarking on new ventures like its plans for 30-minute delivery services via aerial drone as revealed on the eve of Cyber Monday.
London-listed Kolar Gold expects the Indian government to finalise details for the tender to run the historic Kolar mine before the end of 2013, it said on Monday, paving the way for what it hopes is the revival of Indian gold mining.
After more than two years since it filed for bankruptcy due to lack of cash and halting production, Swedish car automaker Saab AB via its parent company National Electric Vehicle Sweden (NEV) AB started making cars today.
Apple Insider points out how the tech giant fared less than expected in light of analysts' predictions last year that it would hit a thousand per share.
Monday's announcement of executive promotions at Samsung Group stood out when the Group announced Samsung Chairman Lee Kun-hee's daughter, Seo-hyun, as a division president at holding company Samsung Everland Inc.
Stem Inc. today announced the closing of a $15 million Series B financing round. Iberdrola, GE Ventures joined Series A investor Angeleno Group in committing financing for the round.
Unilever attributes its declining sales to the slowdown in emerging markets, and Chief Executive Officer Paul Polman urges countries in these markets to create structured economic policies real soon.
Exceed Company Ltd, one of the leading domestic sportswear brands in China, today announced that it has entered into a definitive Agreement and Plan of Merger with Pan Long Company Limited
TransDigm Group Incorporated and Metalmark Capital announced today that TransDigm has entered into a definitive agreement to acquire Airborne Systems Inc., for approximately $250 million in cash. Airborne Systems is owned by MetalmarkCapital.
