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Cisco to acquire Duo Security for USD 2.35 billion

2018-08-02 15:10:00| Telecompaper Headlines

(Telecompaper) Cisco is continuing its expansion in the security market with the acquisition of Duo Security for USD 2.35 billion. Based in Michigan, Duo Security provides unified access security and multi-factor authentication delivered through the cloud. Its software verifies the identity of users and the health of their devices before granting them access to applications, helping prevent cybersecurity breaches. 

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Berkshire Loans $2 Billion to Real Estate Firm Backed by Buffett

2018-08-01 20:29:43| National Real Estate Investor

Berkshire agreed to provide a $2 billion loan to Seritage Growth Properties, the real estate investment trust owns Sears stores, as well as properties the department-store chain has vacated.

Tags: real estate firm real estate


Germany to create 2.4 billion digital infrastructure fund to boost rural connectivity

2018-08-01 02:00:00| Total Telecom industry news

The German government is set to approve the creation of a €2.4 billion digital infrastructure fund that will help to boost connectivity across the country, according to reports in the press. Like many European countries with sizable rural populations…read more on TotalTele.com »

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PPF Group completes 2.8 billion acquisition of Telenor's Eastern European operations

2018-08-01 02:00:00| Total Telecom industry news

PPF Group has completed the strategic acquisition of a clutch of telecoms assets from Telenor in Hungary, Bulgaria Serbia and Montenegro. Having received all the necessary regulatory approval from the relevant authorities…read more on TotalTele.com »

Tags: group operations european eastern


Brookfield Is Said to Near $6.8 Billion Deal for Forest City

2018-07-31 19:29:12| National Real Estate Investor

The Toronto-based alternative asset manager said in a statement Tuesday it will acquire Forest City for $25.35 a share in cash.

Tags: city deal forest billion


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