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Cisco to acquire security vendor Sourcefire for $2.7 billion

2013-07-23 15:07:45| InfoWorld: Top News

Cisco is set to expand its security software portfolio with the acquisition of Sourcefire in a deal worth $2.7 billion. The combined company will offer a product set that provides "advanced threat protection across the entire attack continuum -- before, during and after an attack -- and from any device to any cloud," Cisco said Tuesday.

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Update: Cisco to acquire security vendor Sourcefire for $2.7 billion

2013-07-23 15:07:45| InfoWorld: Top News

Cisco is set to expand its security software portfolio with the acquisition of Sourcefire in a deal worth $2.7 billion. The combined company will offer a product set that provides "advanced threat protection across the entire attack continuum -- before, during and after an attack -- and from any device to any cloud," Cisco said Tuesday.

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Telefonica to acquire E-Plus from KPN

2013-07-23 08:41:00| Telecompaper Headlines

(Telecompaper) KPN has agreed to sell its German mobile operator E-Plus to Telefonica for EUR 5 billion in cash and a 17.6 percent stake in Telefonica Deutschland. The deal will make Telefonica the largest mobile operator in Germany in terms of subscriber numbers and consolidate the market to three mobile networks. KPN will use the cash to strengthen its balance sheet, allowing it to resume dividend payments in 2014, and refocus on its home market the Netherlands and growth in Belgium. Telefonica expects synergies of EUR 5.0-5.5 billion from the merger. The transaction values E-Plus at a total EUR 8.1 billion, equal to 9.0x the company's estimated 2013 EBITDA. It remains subject to approval by KPN and Telefonica Deutschland shareholders as well as the German regulator. Telefonica Deutschland will finance the cash component of the transaction through a rights offering fully underwritten by Telefonica SA.

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Greenwich company to acquire Georgia shipping logistics provider

2013-07-23 03:46:00| Logistics - Topix.net

A Greenwich-based freight management services provider is growing fast, and it has taken another step on the ladder toward becoming a billion-dollar business with the planned purchase of a Georgia company.

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KKR to acquire 9.5% stake in Indonesia's Tiga Pilar Sejahtera Food

2013-07-23 01:00:00| Food Processing Technology

US private equity firm Kohlberg Kravis Roberts (KKR) has entered into an agreement to acquire a 9.5% stake in Indonesian snack food company Tiga Pilar Sejahtera Food (TPSF) for an undisclosed amount.

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