Tags: Samsung

Seagate to pick up UK firm Xyratex in $374M deal

US-based digital content storage company Seagate announced that it is acquiring UK-based network and storage equipment maker Xyratex in an all-cash transaction valued at $374 million.


Google Ventures helps raise $1.2M for San Francisco smart kitchen company The Orange Chef

San Francisco-based smart kitchen company The Orange Chef has received $1.2 million in funding from Google Ventures and Sparklabs Global Ventures to develop more connected kitchen devices.

Apple's over $500B market cap fails analysts' prediction last year

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.

7Digital nears deal of UBC Media Group takeover

Online music platform company 7Digital is close to signing a deal to buy out UBC Media Group. The takeover deal will provide a London listing for 7Digital in place of UBC. Should it be successful, the float could give 7Digital a valuation of about GBP50 million.


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HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010. Hewlett-Packard Co has filed a case against three optical disk drive manufacturers.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
The South Korean technology firm Samsung offered to settle with the EU Competition Commission as to the patent lawsuits currently being investigated.
Social feeds in the Middle East announced that Samsung's Galaxy S4 would also be available in gold finish.
Celebrities welcomed the launch of the Samsung Galaxy Gear smartwatch in the UK. The launch of Samsung's smartwatch was a star-studded event in the UK.
Samsung launched the global sales of its latest phablet, the Galaxy Note 3. Samsung Electronics launched the global sales of its latest phablet offering.
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