Elephant Talk Communication, Corp., is set to acquire 100 percent assets of Telnicity LLC; a U.S.-based MVNE/MVNO Enabler Company from Oklahoma for approximately $1 million.
Deals
Sony Unit Sells NY HQ Building for $1.1 Billion
Sony Corp. sells its assets and cuts jobs for a turnaround of its business. Singed by accumulated losses and a rather gloomy scenario for electronics manufacturing, global electronics major Sony Corp.
Dell Buyout Imminent, Silver Lake Inching Closer to Deal
Dell is closing in on a deal with private equity group Silver Lake Partners seeming the most likely candidate to acquire the business.
Life Technologies on a Potential Buyout, Shares Surge to a Record High
The possible takeover news has resulted in the shares in Life Technology gaining more than 10 percent to $60.79.
TransForce Inc. to Acquire Velocity Express for $35 million?
A Montreal-based transportation and logistics company, TransForce Inc., is set to acquire Texas-based Velocity Express and its subsidiaries for approximately $35 million.
Latest News
Sharp Corp. is reportedly in talks with Lenovo Group Ltd to sell its LCD TV plant in China. With an aim to boost its finances Sharp Corp, a Japanese electronics company, is reportedly in talks with Lenovo Group Ltd to sell its LCD TV plant in China.
Swatch Group, the largest maker of watches by sales, has acquired Harry Winston's jewelry arm for a total consideration of $750 million. The acquisition also includes assumption of the jewelry arm's net debt of about $250 million.
Rogers Communications Inc will be acquiring Shaw Communications' Mountain Cablevision Ltd. Canada's diversified communications and media company Rogers Communications Inc.
Canada’s leading e-commerce companies TeamBuy.ca and Dealfind.com announced their merger to form one of the country’s largest online deal destinations.
Louis Dreyfus Commodities is planning to buy about 13 percent stake in Namoi Cotton Co-operative Ltd.
China’s privately-owned clean energy company - Hanergy Holding Group, Ltd acquired US based CIGS thin-film manufacturer MiaSolé for $30 million.
Following possible buyout reports with private equity firms, shares in Dell surged about 13 percent.
Citic Telecom buys Macau phone company for $1.2 billion from its British and Portugal owners. The deal will help in access to casino-hub Macau and its retail customers.
Oral Cancer Prevention International and CDx Laboratories recently merged to become CDx Diagnostics.
