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Tag: billion
Riverbed may go private in a $3 billion deal
2014-01-08 21:29:46| InfoWorld: Top News
Investment company Elliott Management has offered to buy WAN optimization vendor Riverbed Technology for just over $3 billion while giving Riverbed a chance to entertain higher bids. Elliott started buying Riverbed stock last September and now owns about 10.5 percent of the company, according to an offer letter sent Wednesday that Riverbed filed with the U.S. Securities and Exchange Commission. Elliott said growth is slowing in Riverbed's core business and the company's efforts to diversify so far have hurt its value.
Tags: private
deal
billion
riverbed
Forest Labs buying Aptalis for $2.9 billion
2014-01-08 16:12:00| Biotech - Topix.net
Forest Labs President and CEO Brent Saunders said in a statement Wednesday that the transaction would help his company diversify its business.
Tags: buying
forest
billion
labs
Flexible packaging industry to reach $25 billion
2014-01-08 06:00:00| Label and Narrow Web Breaking News
The figures, which are specific to the North American market, account for 30% of global consumption.
Tags: industry
reach
flexible
billion
Utility Spending on Smart Grid IT Systems Will Reach Nearly $20 Billion by 2022
2014-01-07 21:59:00| Transmission & Distribution World
Utility spending on IT systems for the smart grid will grow from $8.5 billion in 2013 to $19.7 billion in 2022. read more
Tags: systems
reach
smart
utility
Apple still king of mobile apps with over $10 billion in AppStore sales
2014-01-07 18:03:01| InfoWorld: Top News
With all the crowing about Apple and iOS having a minority market share in the mobile space, it's easy to forget that Apple does something with iOS that Google's still struggling to do: make money -- and tons of it
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