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Tag: billion
Verizon to buy Fleetmatics for USD 2.4 billion
2016-08-01 15:37:00| Telecompaper Headlines
(Telecompaper) Verizon is continuing its acquisition spree in new growth areas with a deal to buy Fleetmatics for USD 2.4 billion. The operator is offering USD 60 per share cash for the provider fleet and mobile workforce management services, equal to a premium of nearly 40 percent on the closing share price the day before the takeover was announced. Flletmatics offers a range of SaaS products aimed at SMEs in North America and has been expanding its presence internationally. It counts over 37,000 customers with a combined total of some 737,000 subscribers.
France Agrees To Build Huge Nuclear Reactor For UK, Saving $32 Billion
2016-07-29 06:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Change Dispatch: The French nuclear giant Electricite de France (EDF) agreed Thursday to build a nuclear reactor at Hinkley Point, United Kingdom by 2025, after years of delays and environmental opposition. U.K. taxpayers could have been stuck paying $31.6 billion if the reactors had been blocked for political reasons, according to released government documents. EDF is moving ahead despite the companys serious financial problems and the fact that the projects credit rating is below investment grade. EDF repeatedly...
Tags: france
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US Demand for Solvents to Reach 9.6 Billion Pounds
2016-07-28 23:06:56| Coatings World Breaking News
Tags: reach
demand
billion
pounds
Oracle to buy NetSuite for USD 9.3 billion
2016-07-28 15:37:00| Telecompaper Headlines
(Telecompaper) Oracle is accelerating its push into cloud services with the agreed takeover of NetSuite for USD 9.3 billion. Oracle said NetSuite pioneered the idea of cloud computing for business applications already in 1998. NetSuite provides a suite of cloud-based financials, ERP and omnichannel commerce software that services more than 30,000 companies and organizations in more than 100 countries. The acquisition was approved by a committee of independent Oracle directors and is expected to add immediately to the company's adjusted earnings. Oracle is offering USD 109 per share for NetSuite, a 19 percent premium on the share price the day before the announcement. Oracle aims to complete the takeover before the end of the year.
Carestream Surpasses One Billion Square Meters of DRYVIEW Film
2016-07-27 19:08:00| Coatings World Breaking News
Tags: film
square
billion
meters
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