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Tag: takeover
Cisco expands in enterprise security with Lancope takeover
2015-10-27 15:26:00| Telecompaper Headlines
(Telecompaper) Cisco announced a new acquisition in the security market, of US-based Lancope for USD 452.5 million cash. Lancope provides network behavior analytics, threat visibility and security intelligence to help protect companies against cyber security threats. Lancope's StealthWatch system identifies suspicious traffic patterns inside the network to detect a wide range of attacks. Through continuous network visibility, specialized threat analysis and protection, Lancope helps customers to monitor, detect, analyze and respond more quickly to security threats on enterprise networks. Lancope will advance Cisco's Security Everywhere strategy of providing advanced threat protection across the full attack continuum -- before, during and after an attack. The company adds an additional capability of network behavior analytics that extends protection further into the network. The Lancope team will join the Cisco Security Business Group organization led by David Goeckeler, senior vice president and general manager. The purchase prices includes assumed equity awards, plus additional retention-based incentives for Lancope employees who join Cisco. The acquisition is expected to close in Cisco's second fiscal quarter.
Tags: security
enterprise
cisco
expands
Cable & Wireless targeted for takeover
2015-10-25 01:26:37| IT Services - Topix.net
Just months after the finalisation of Cable and Wireless Communications' acquisition of Columbus International, comes word of another development that can significantly change the region's telecommunications landscape. Once again it involves CWC but this time around the British telecommunications company is being targeted for takeover by Liberty Global, a European company.
Tags: wireless
cable
targeted
takeover
Liberty Global confirms Cable & Wireless takeover talks
2015-10-23 08:41:00| Telecompaper Headlines
(Telecompaper) Liberty Global has confirmed that it has entered into discussions regarding a possible cash-and-shares offer to take over UK-based telecoms group Cable & Wireless Communications (CWC). The two companies have been in talks for some time about bringing together CWC's strong position in the Caribbean with Liberty's operations in Chile and Puerto Rico, according to unnamed sources cited by the Financial Times, who added that negotiations have centred around a price of USD 5.5 billion, with Liberty also assuming CWC's net debt of around USD 2.6 billion. According to UK law, Liberty now has until 19 November to submit an offer. The possible deal comes after Liberty Global announced that it had ended discussions with Vodafone about an exchange or combination of assets, although it did agree to acquire Belgium's third-largest operator Base for EUR 1.33 billion earlier this year.
Tags: global
wireless
cable
talks
Liberty Global in C&W takeover talks
2015-10-23 02:00:00| Total Telecom industry news
Operators confirm they are in discussions about a possible cash and stock offer; sources say deal would be worth around $8 billion.
Tags: global
talks
liberty
takeover
Santos rejects Scepter Partners $5.1bn takeover proposal
2015-10-23 01:00:00| Hydrocarbons Technology
Australia-based oil and gas producer Santos has rejected an A$7.1bn ($5.1bn) acquisition proposal made by investment firm Scepter Partners saying that it is opportunistic in nature.
Tags: partners
proposal
santos
rejects
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