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Tropo, Cisco announce deal
2015-05-20 18:09:37| Telecom - Topix.net
Tropo, a company founded in Orlando that specializes in voice and messaging capabilities for app developers, is being purchased by Cisco, the companies announced recently. Tropo will become part of the Cisco Collaboration Technology Group, with the transaction expected to close by the end of the year, the companies said May 7. Chairman Jonathan Taylor of Orlando spun off Tropo as he sold Voxeo in 2013.
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Spotify, Sony deal shows where the revenue flows and how pinched the streaming services are
2015-05-20 13:30:08| Extremetech
A new report breaks down how Sony took Spotify to the cleaners over music rights, and the streaming service's limited ability to earn income off its own product.
Acquisition deal for Bright House Networks back from the dead
2015-05-20 09:54:13| Telecom - Topix.net
The parent company of Bright House Networks, the largest cable provider in Tampa Bay and No.
COLUMN-Shell-BG deal may be end point rather than harbinger: Russell
2015-05-20 06:30:46| Oil & Gas - Topix.net
There is a widespread assumption that weak commodity prices are likely to spark a wave of merger and acquisition activity as stronger companies seek to buy assets on the cheap. The $70 billion buyout of BG Plc by larger rival Royal Dutch Shell is generally viewed by investors and analysts as the first big deal in a likely series of major mergers and acquisitions in the resource sector.
UPDATE 2-Merck KGaA sees AZ deal and forex countering weak drug sales
2015-05-20 02:15:32| Biotech - Topix.net
The recent takeover of high-tech chemicals maker AZ Electronic Materials and a strong U.S. dollar will help Merck KGaA to counter a drop in revenue from its best-selling drug this year, it said on Tuesday. However, shares in the company dropped 1.7 percent, the biggest decline on Germany's blue-chip DAX index, as analysts' expressed concern at a 15.9 percent fall in currency-adjusted sales of multiple sclerosis treatment Rebif -- its biggest medicine -- in the first quarter of this year.
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