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Tag: independent
Dell buys EMC for USD 67 bln, VMware to remain independent
2015-10-12 16:48:00| Telecompaper Headlines
(Telecompaper) Dell has agreed to buy EMC for an estimated total of USD 67 billion, or USD 33.15 per share in cash. The price is fluid as part of the money will be paid in tracking stock linked to a portion of EMC's stake in VMware. The combination will create the world's largest privately-controlled, integrated technology company, bringing together expertise in digital transformation, software-defined data centre, hybrid cloud, converged infrastructure, mobile and security. It will be a leader in the USD 2 trillion IT market with complementary product portfolios, sales teams and R&D investment strategies. Under the terms of the agreement, EMC shareholders will receive USD 24.05 per share in cash and 0.111 shares of new tracking stock for each EMC share. The amount assumes, for illustrative purposes, a valuation for each share of tracking stock of USD 81.78, the intraday volume-weighted average price for VMware on 7 October. The value of the tracking stock may vary from the market price of VMware given the different characteristics and rights of the two stocks. VMware will remain a publicly-traded company and continue to provide customers software-defined data centre technology, together with its cloud, mobile and desktop offerings.
Tags: independent
dell
remain
usd
U.S. Steel Canada to become independent again
2015-10-07 22:00:54| Steel - Topix.net
The 100-year-old steel maker once known as Stelco Inc. will become independent again after United States Steel Corp. gave up on trying to restructure the company it purchased in 2007. U.S. Steel Canada Inc., possessing the youngest integrated steel mill in North America and an idle steel making mill in Hamilton, will proceed on its own or be sold after U.S. Steel and its stakeholders failed to reach a deal on the future of the Canadian unit within its troubled Pittsburgh-based parent company.
Tags: canada
independent
steel
steel canada
Editors Notebook: Independent Dealers Sue Volkswagen, CPO Sales Up 18% in Franchised Dealer Sales
2015-09-30 17:29:41| AutomotiveDigest.com - Automotive Industry News
by Jon LeSage, Editor, Used Car Market Reports Here are a few interesting remarketing news items from this week: Dealers are feeling the pinch from the Volkswagen recall over false emissions reporting on its diesel cars with dealer associations and newspapers around the country reporting VW dealers feeling caught in the middle. Were starting […] The Article Editors Notebook: Independent Dealers Sue Volkswagen, CPO Sales Up 18% in Franchised Dealer Sales appeared first on Automotive Digest.
Tags: sales
independent
dealer
editors
Amazon joins the on-demand economy, using independent contractors for deliveries
2015-09-29 10:32:15| IT Services - Topix.net
Amazon.com is using independent contractors for its Flex delivery program to ferry packages to customers, adopting a staffing method that has already attracted controversy and lawsuits. Amazon Flex, which the company describes as its newest delivery innovation, allows individuals to be their own bosses while earning up to US$25 per hour or more delivering Prime Now orders, wrote company spokeswoman, Kelly Cheeseman, in an email on Monday.
Tags: independent
amazon
economy
contractors
First Two U.S. CM Programs Receive Independent ABET Accreditation
2015-09-25 16:29:35| ENR.com: Headline News
Brigham Young and Pittsburg State universities seek recognition that CM is not just a subset of engineering but requires its own set of skills and knowledge.
Tags: receive
independent
programs
accreditation
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