Nadia's Feed
Oct 5, 2013

Cisco, Google, SAP discussing BlackBerry bids -sources

NEW YORK/SAN FRANCISCO, Oct 4 (Reuters) – BlackBerry Ltd, on
the block as its smartphone business struggles, is in talks with
Cisco Systems, Google Inc and SAP
about selling them all or parts of itself, several
sources close to the matter said.

Such a deal would be an alternative to the preliminary
agreement reached weeks ago with a group, led by BlackBerry’s
biggest shareholder, Fairfax Financial Holdings, to
take the company private for about $4.7 billion, a bid which has
faced some skepticism because of financing questions.

Oct 2, 2013

Exclusive: Microsoft investors push for chairman Gates to step down

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 2, 2013

Microsoft investors push for chairman Gates to step down

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp (MSFT.O: Quote, Profile, Research) are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 1, 2013

Time for Gates to go, some top Microsoft investors tell board

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp (MSFT.O: Quote, Profile, Research) are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 1, 2013

Exclusive: Time for Gates to go, some top Microsoft investors tell board

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Sep 25, 2013

Exclusive: Nokia weighs Alcatel tie-up after Microsoft deal – sources

NEW YORK/HELSINKI (Reuters) – Nokia is discussing internally whether to approach French rival Alcatel-Lucent about a tie-up, part of the Finnish company’s review of how it can grow after the planned sale of its handset business to Microsoft Corp, several people close to the matter said.

No formal talks are underway with Alcatel-Lucent, the sources said. One of the people close to the matter said Nokia held “on again, off again” discussions about buying Alcatel’s wireless business as recently as late 2012 and that the two companies could still come back to the table.

Sep 25, 2013

Nokia weighs Alcatel tie-up after Microsoft deal -sources

NEW YORK/HELSINKI, Sept 25 (Reuters) – Nokia (NOK1V.HE: Quote, Profile, Research) is
discussing internally whether to approach French rival
Alcatel-Lucent (ALUA.PA: Quote, Profile, Research) about a tie-up, part of the Finnish
company’s review of how it can grow after the planned sale of
its handset business to Microsoft Corp (MSFT.O: Quote, Profile, Research), several people
close to the matter said.

No formal talks are underway with Alcatel-Lucent, the
sources said. One of the people close to the matter said Nokia
held “on again, off again” discussions about buying Alcatel’s
wireless business as recently as late 2012 and that the two
companies could still come back to the table.

Sep 14, 2013

BlackBerry bidders may want to carve up business: sources

NEW YORK (Reuters) – A handful of potential bidders, including private equity firms, are lining up to look at BlackBerry Ltd (BBRY.O: Quote, Profile, Research) (BB.TO: Quote, Profile, Research), but initial indications suggest that interest is tepid and buyers are eyeing parts of the Canadian smartphone maker rather than the whole company, several sources familiar with the situation said.

Private equity firms are mostly interested in businesses such as BlackBerry’s operating system and the patents around its keyboard, two of the sources said. However, one possibility is for a Canadian pension fund to team up with an investor to buy the whole company, which is currently worth a little more than $5 billion, one of the sources said.

Sep 13, 2013

Exclusive: BlackBerry bidders may want to carve up business – sources

NEW YORK (Reuters) – A handful of potential bidders, including private equity firms, are lining up to look at BlackBerry Ltd, but initial indications suggest that interest is tepid and buyers are eyeing parts of the Canadian smartphone maker rather than the whole company, several sources familiar with the situation said.

Private equity firms are mostly interested in businesses such as BlackBerry’s operating system and the patents around its keyboard, two of the sources said. However, one possibility is for a Canadian pension fund to team up with an investor to buy the whole company, which is currently worth a little more than $5 billion, one of the sources said.

Sep 10, 2013

Cisco enters data storage market with purchase of Whiptail

By Nicola Leske and Nadia Damouni

(Reuters) – Cisco Systems Inc on Tuesday announced its first foray into the data storage market, saying it would pay $415 million to acquire privately held storage system maker Whiptail.

Cisco said it will pay cash and incentives for the acquisition, expected to close in the first quarter of 2014.