VMware moves toward SDN; acquires Nicira for $1.05 billion
Virtualization and cloud infrastructure provider VMware (NYSE: VMW), announced this week that it will pay $1.05 billion in cash plus approximately $210 million in assumed unvested equity awards to...
View ArticleTo boost social business capabilities, IBM pays $1.3B to buy Kenexa
Looking to enhance its social business vertical, IBM (NYSE: IBM) announced the acquisition of Kenexa Corporation (NYSE: KNXA) yesterday. The companies have entered into a definitive agreement, under...
View ArticleParaguay’s Conatel greenlights Tigo’s $150M Cablevisión acquisition
Paraguay’s telecom regulator Conatel (Comisión Nacional de Telecomunicaciones) has authorized Tigo, owned by Millicom International Cellular, to complete its acquisition of Cablevisión. The binding...
View ArticleBancolombia goes mobile; buys majority stake in MVNO Uff Móvil for $11.5M
Colombia’s largest bank is making a bold move into mobile with the acquisition of a majority stake in Uff Móvil. Bancolombia (NYSE: CIB) is paying $11.51 million (21 billion of Colombian pesos) for a...
View ArticleChilean GTD enters Colombian telecom market with acquisition of Flywan
CARTAGENA DE INDIAS (COLOMBIA)– Chilean fixed-line, cable TV and Internet provider Grupo GTD is expanding its business and will start operating in the Colombian telecom market. On September 3, the...
View ArticleBrazil market shakeup: Lenovo to acquire CCE; Positivo to produce cellphones
Two events shook up the Brazilian computer manufacturing market on Tuesday. The Brazil’s personal-computer maker Positivo Informática announced that it will start producing mobile phones and...
View ArticleColumbus receives green light to acquire TeleBarbados
Columbus International Inc. announced that it has officially obtained approval to acquire TeleBarbados Inc. and enter the Barbados telecommunications market. With this approval, Columbus aims to...
View ArticleOracle continues cloud-based spree, acquires SelectMinds
Oracle announced that it has entered into an agreement to acquire SelectMinds, a provider of cloud-based social talent sourcing and corporate alumni management applications. This acquisition follows...
View ArticleTelefónica to sell call-center firm Atento for $1.34 billion
Spain’s Telefónica has agreed to sell its call-center business Atento to Bain Capital for about U.S.$ 1.34 billion (€ 1.039 billion). Industry observers say the company wants to raise cash through...
View ArticleTelefónica jumps into video with TokBox acquisition
The Spanish group Telefónica is looking to add video chatting to its services. Through its unit Telefónica Digital, the company acquired U.S.-based TokBox with the goal of driving innovation in its...
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