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Oracle pushes cloud strategy with acquisition, new campus

2015-12-23 09:40:00| Telecompaper Headlines

(Telecompaper) Oracle quietly purchased StackEngine on 18 December, as part of an effort to boost its Platform as a Service offerings, TechCrunch reported. StackEngine, based in Austin, Texas, said on its site that all of its employees will be joining Oracle. Separately, Oracle announced it was going to build a cutting-edge cloud campus in Austin, Texas and start a hiring drive to push its cloud expansion strategy and attract talent.

Tags: strategy campus oracle acquisition

 

Sequa Petroleum ends $602m acquisition deal with Wintershall

2015-12-23 01:00:00| Offshore Technology

Sequa Petroleums wholly owned subsidiary Tellus Petroleum has terminated its $602m acquisition of Norwegian offshore field interests from Wintershall due to poor market conditions.

Tags: deal ends acquisition petroleum

 
 

Cargill Expands Feed Formulation Expertise Through Acquisition of Format International Ltd.

2015-12-22 11:31:09| Industrial Newsroom - All News for Today

Deal boosts end-to-end solutions offering for animal nutrition and feed industries MINNEAPOLIS - Driven by opportunities in the global feed software market to provide customers with integrated formulation software and solutions on a larger scale, Cargill has acquired Format International Ltd., a leading global feed...

Tags: international format feed expertise

 

Comtech acquisition of TeleCommunications Systems Corp. clears antitrust hurdle

2015-12-22 10:56:36| Telecom - Topix.net

Technician Charles Dziomba tests an amplifier Thursday May 15, 2003 at Comtech Telecomunications Corp. in Melville. Photo Credit: Newsday / Alejandra Villa Melville-based Comtech Telecommunications Corp. Monday announced that it has cleared an antitrust hurdle in its pending acquisition of a Maryland company.

Tags: systems corp acquisition telecommunications

 

Nordex secures 1.4bn financing to fund AWP acquisition

2015-12-22 01:00:00| Power Technology

German power equipment manufacturer Nordex has raised 1.4bn in financing to fund its 785m acquisition of Spanish Acciona Windpower (AWP) and further growth.

Tags: fund acquisition financing secures

 

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