Cisco said it would acquire Whiptail for USD 415 million in cash. Global IT leader Cisco announced that it would be buying Whiptail for USD 415 million in cash.
Investors
Walgreens expands healthcare services, purchases additional drugstores
In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.
Clearlake Capital Group completes purchase of Futuris Automotive
Futuris Automotive is transferred to Clearlake Capital Group from Elders Limited. Last Tuesday, Clearlake Capital Group had completed its purchase of Futuris Automotive from Elders Limited.
Apple may introduce cheaper iPhone for emerging markets- Reuters
According to a Reuters report, Apple could introduce the iPhone 5C soon for the emerging markets. Fans and industry observers contemplated on what Apple's new releases could be in its scheduled September 10 launch held in its headquarters in Cupertino, California.
Canada's Postmedia disposes BC and Albert properties to stave off debt
Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.
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EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
Dubai's and Abu Dhabi's indices jump in value as Russian intervention on Syrian impasse promise to avert US airstrikes.
Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.
Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.
Great Point Partners announced the acquisition of ProAssist Surgical Associates by its subsidiary firm American Surgical Assistants.
According to a Forbes news magazine article, Twitter Inc.'s acquisition deal of mobile ad exchange startup MoPub implied that it would be readying itself for an IPO next year.
Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.
