Cisco to buy Israel-based software maker for $475 mln

Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash Cisco (NASDAQ: CSCO) today announced its intent to acquire privately held Intucell.


US securities fraud class actions tumble

Fewer investors are taking corporate America to court for fraud. Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action status fell to a 7-year low in 2012, according to a study by Stanford Law School and Cornerstone Research released on Wednesday.

Deals of The Day — Mergers and Acquisitions

Bids, mergers, acquisitions and disposals on Wednesday The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

New York banker Gordian Group to advise Hostess' bakery union

The union and pension fund for Hostess Brands Inc has hired Gordian Group to help preserve jobs and workers' benefits at the bankrupt maker of Twinkies snack cakes.


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Fixmo today announced that it has received a strategic investment from Samsung Venture, the venture capital arm of the Samsung Group
Education Holdings 1 Inc filed for bankruptcy protection a month after it agreed to settle allegations that it had made claims for tutoring services that it had not provided
Vision Critical today announced the acquisition of DiscoverText, a robust cloud based text analytics solution
130 million euro loan backing PAI Partners' acquisition of a majority stake in Italian eyewear company Marcolin has closed oversubscribed, banks said in a statement.
Verizon on Tuesday posted weaker-than-expected wireless operating profit margin due to hefty costs from the sale of smartphones like Apple's iPhone