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Nokia sales disappoint as Microsoft readies phone group takeover
2014-01-24 00:22:58| InfoWorld: Top News
Nokia's improving Lumia shipments came to a halt during the fourth quarter, bad news for Microsoft, which will soon take over the phone unit. The Finnish company reported fourth-quarter sales of 3.48 billion ($4.75 billion), down 21 percent year-on-year, and a net loss of 615 million, down from 3.1 billion a year earlier.
Tags: group
phone
sales
microsoft
Verizon plans OTT video services with Intel Media takeover
2014-01-21 10:21:00| Telecompaper Headlines
(Telecompaper) Verizon has agreed to buy Intel Media, the chipmaker's business working on online TV products and services. Verizon said it will use the acquired technology to develop next-generation video services, to deliver over its own Fios fibre network and 'over the top' to any connected device. Verizon will purchase the intellectual property rights and other assets that enable Intel's OnCue Cloud TV platform, as well as offer to employ the some 350 people working at the Intel unit. The activities will continue to be based in Santa Clara and be led by the current management team. No financial details of the takeover were disclosed. Pending regulatory approval, the deal is expected to close early in the first quarter. Once the transaction is closed, Verizon expects to integrate IP-based TV services with its Fios video service to further differentiate Fios from traditional cable TV offerings and to reduce ongoing deployment costs. Fios customers are also expected to benefit from "elegant search and discovery, interactivity and cross-screen ease of use", integrated with the Verizon LTE network.
Tags: services
video
media
plans
Osisko Mining formally rejects Goldcorp's $2.6B hostile takeover offer
2014-01-20 23:45:10| Automakers - Topix.net
Osisko Mining Corp. said Monday that shareholders should give its board time to find an alternative to Goldcorp's hostile $2.6-billion takeover offer, which it called opportunistic and inadequate.
Tags: offer
mining
formally
hostile
Osisko Mining formally rejects Goldcorp's $2.6B hostile takeover offer
2014-01-20 18:35:42| Industrial Machines - Topix.net
Osisko Mining Corp. said Monday that shareholders should give its board time to find an alternative to Goldcorp's hostile $2.6-billion takeover offer, which it called opportunistic and inadequate.
Tags: offer
mining
formally
hostile
Bayer commences takeover offer for all the shares of Algeta ASA
2014-01-20 17:40:40| Chemicals - Topix.net
Bayer's planned acquisition of Algeta ASA , based in Oslo, Norway, is entering its next phase: Aviator Acquisition AS, a subsidiary established by Bayer Nordic SE, Espoo, Finland, for the purpose of the acquisition, today commenced a public takeover offer for all the shares of Algeta at a price of NOK 362 per share in cash.
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