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Cisco to buy OpenDNS for USD 635 mln

2015-06-30 17:49:00| Telecompaper Headlines

(Telecompaper) Cisco announced an agreement to acquire OpenDNS for USD 635 million in order to expand in the security market. Based in San Francisco, OpenDNS provides advanced threat protection for any type of device over a cloud-based platform. Under a SaaS model, OpenDNS' products can be integrated in the customer's defense architecture or incident response strategies. Cisco said OpenDNS' broad visibility and predictive threat intelligence helps IT administrators protect against security threats from unmonitored and potentially unsecure entry points into the network. The OpenDNS team will join the Cisco Security Business Group organization led by David Goeckeler, senior vice president and general manager. The purchase price includes equity awards and retention-based incentives for OpenDNS staff. The acquisition is expected to close in the first quarter of Cisco's fiscal year 2016. 

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ConAgra Foods Inc (CAG) Meets Earnings Expectations, Time To Buy In?

2015-06-30 16:43:06| Food - Topix.net

ConAgra Foods Inc has reported its fiscal fourth quarter 2015 financial results for the quarter ending May 31, 2015. The quarterly results of the packaged food company were in-line with the market's expectations on the bottom line, with diluted earnings per share of $0.59 after adjusting for items impacting comparability, over net sales of $4.10 billion during the quarter.

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Buy Wisconsin Energy When It Yields 4% - Cramer's Lightning Round

2015-06-30 12:29:47| Furniture - Topix.net

Wisconsin Energy : The stock trades at 3.75% yield currently. Cramer advised waiting till the yield gets to 4% and then buying the stock.

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Blackhawk Mining plans to buy some Patriot Coal assets

2015-06-29 17:59:09| Energy - Topix.net

Lexington, Ky.,-based Blackhawk says in a news release that it has entered a definitive agreement to purchase Patriot's Panther, Rocklick, Wells, Kanawha Eagle, Paint Creek and Midland Trail complexes. The agreement also includes reserve areas.

Tags: buy plans assets mining

 

Accolade Wines set to buy in Argentina, Chile

2015-06-29 17:02:00| Daily beverage news and comment - from just-drinks.com

The general manager of Accolade Wines has told just-drinks that the company is looking for acquisitions in Argentina and Chile as it aims to position itself as a "one-stop shop" for New World wine offerings in the UK.

Tags: set buy argentina chile

 

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