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VW plans to spend 86 billion euros chasing Toyota for global car sales lead

2014-11-21 14:12:32| Auto Dealers - Topix.net

Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota Motor Corp. for the lead as world's largest automaker. The automaker plans to invest 85.6 billion euros over the next five years, Europe's biggest manufacturer of cars, vans and trucks said today in a statement .

Tags: sales car global lead

Actavis to spend $66 billion on Allerganvisit|article-5898166|mobile_home_category_body-6916|6

2014-11-19 00:38:31| Biotech - Topix.net

Actavis, which is buying Botox-maker Allergan for $66 billion in one of the biggest acquisitions announced so far this year, plans to stay committed to developing new products. CEO Brent Saunders said Monday that the combined company will have more than two dozen products in late-stage clinical testing, which is usually the last and most expensive development phase, and it will work to support research.

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Food firm dodges 250,000 spend with PernixData flash caching Danish...

2014-11-17 18:18:03| Food - Topix.net

Danish food supplies company Chr. Hansen deployed PernixData FVP flash caching software for around a 19,000, avoiding a spend of up to a 250,000 in extra software licence fees or the need for a very costly SAN fabric upgrade.

Tags: food flash firm spend