Post Tagged with: "technology"
Facebook prices IPO at $38 per share
Facebook (NASDAQ: FB) announced that it has priced its initial public offering of 421,233,615 shares of its common stock at $38 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on May 18, 2012, under the symbol FB. Facebook is offering 180,000,000 shares of class A common stock and [...]
Western Digital completes divestiture Toshiba’s assets
On May 15, 2012, Western Digital Corp. (NYSE: WDC) announced that it has completed its divestiture of certain 3.5-inch hard drive assets to Toshiba Corp. as required by regulatory agencies that conditionally approved the company’s completed acquisition of Viviti Technologies Ltd. The assets will enable Toshiba to manufacture and sell 3.5-inch hard drives for the [...]
Adobe adds 3 new board members
Adobe Systems Inc. (NASDAQ:ADBE) announced that it has expanded its board of directors from nine members to 12 and named three new board members, effective May 14, 2012. The company named Amy Banse, managing director and head of funds for Comcast Ventures and senior vice president of Comcast Corp.; Frank Calderoni, executive vice president and [...]
Telx begins construction on $200M data center in New Jersey
On May 11, 2012, Telx, which provides global interconnectivity, cloud computing enablement services and data center solutions, announced that it has broken ground on the construction of its new flagship data center facility at Two Peekay Drive in Clifton, New Jersey. The new energy efficient and purpose-built cloud connection center will offer customized, high power [...]
WhaleShark Media acquires online coupon publisher Miwim
On May 14, 2012, WhaleShark Media, the world’s leading marketplace for online coupons and deals, announced that it has acquired Miwim, a publisher of online coupons and cash-back deals in France. Terms of the deal were not disclosed. The acquisition of Miwim’s web portfolio, which includes online coupon site Bons-de-Reduction and cash-back website Poulpeo, combined [...]
PRIMEDIA acquires Rent.com from eBay
On May 8, 2012, PRIMEDIA, the premier renter resource for apartment and rental home information and listings, announced that it has completed the acquisition of Rent.com from Bay Inc. Terms of the transaction are not being disclosed. The acquisition creates the industry-leading resource in the fast-growing rental market with reach in all 50 states. “Our [...]
Fitch rates Motorola Solutions’ $750M senior notes
Fitch Ratings has assigned a BBB rating to Motorola Solutions Inc.’s $750 million senior unsecured notes issuance. The rating outlook is stable. Motorola Solutions intends to use a portion of net proceeds from the notes sale to call the company’s $400 million of 5.375% senior notes due Nov. 15, 2012. The remainder of net proceeds [...]
Wireless Generation acquires California-based Intel-Assess
On May 7, Wireless Generation, an education innovator and producer of digital tools for educators nationwide, has acquired San Francisco, California-based Intel-Assess. Terms of the transaction were not disclosed. Intel-Assess helps school districts meet their instructional goals by providing well-researched, rigorous assessment content to drive student achievement. The acquisition will help Wireless Generation significantly increase [...]
Ixia agrees to acquire Anue Systems
Ixia (NASDAQ: XXIA), a global provider of converged IP and wireless network test solutions, announced that it has entered into a definitive agreement to acquire Anue Systems Inc., a developer of Network Visibility solutions. Under the terms of the agreement, Ixia will pay $145 million in cash, subject to certain adjustments including an adjustment based [...]
Noobis launches ProFacebook pages for small businesses
Noobis Inc. announced that it has released ProFacebook Pages, a service that allows small business owners to quickly setup an effective professional Facebook Page. “As the Facebook economy grows there are many businesses that need to get set up on the platform,” Noobis President and CEO Jon Brennan said. “There is a sizable market of [...]
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