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Feb 5, 2014

Exclusive: Former HP stars Bradley, Donatelli on brink of exit – sources

NEW YORK/SAN FRANCISCO (Reuters) – Two of Hewlett-Packard Co’s most powerful executives, until they were sidelined by CEO Meg Whitman, are preparing to leave the company in the coming weeks, several sources say.

Todd Bradley and Dave Donatelli have been interviewing for potential jobs for several months, four sources familiar with the situation said.

Feb 5, 2014

Former HP stars Bradley, Donatelli on brink of exit -sources

NEW YORK/SAN FRANCISCO, Feb 5 (Reuters) – Two of
Hewlett-Packard Co’s most powerful executives, until
they were sidelined by CEO Meg Whitman, are preparing to leave
the company in the coming weeks, several sources say.

Todd Bradley and Dave Donatelli have been interviewing for
potential jobs for several months, four sources familiar with
the situation said.

Feb 4, 2014

Elliott readies own director slate as Juniper finalizes turnaround plan -sources

NEW YORK, Feb 3 (Reuters) – Hedge fund Elliott Management
Corp, which owns a 6.2 percent stake in Juniper Networks Inc
, has prepared a slate of directors in the event that
the network equipment maker’s pending turnaround plan does not
achieve goals laid out by the activist investor, people close to
the matter said.

Elliott, which in January urged Juniper to return cash to
investors, consider cutting costs and conduct a strategic review
of its product portfolio, said in a statement on Monday that it
has recruited a team of leading executives who have the
“operational skills” and “deep industry experience” to make its
plan a reality.

Feb 1, 2014

Satya Nadella outran better-known candidates for Microsoft CEO

NEW YORK/SEATTLE (Reuters) – The race to determine the next head of Microsoft Corp (MSFT.O: Quote, Profile, Research) looks to have ended where it began, with the software giant poised to take the route of least risk and tap rising internal star Satya Nadella for the job.

After a bruising, five-month selection process, the list of contenders was cut to six serious candidates, with the chief executive job nearly going to Ford Motor Co (F.N: Quote, Profile, Research) CEO Alan Mulally, an outsider favored by investors lobbying for radical change.

Jan 31, 2014

Microsoft board close to naming Nadella as new CEO

NEW YORK/SEATTLE (Reuters) – Microsoft Corp is close to naming a new chief executive, most likely its cloud-computing head Satya Nadella, a source close to the matter said on Thursday, concluding a five-month long search for a heavy-hitter to lead the world’s largest software company.

As part of the move, co-founder Bill Gates may step aside as chairman but remain on the board, while lead independent director John Thompson will take on the chairman role, the source said on condition of anonymity because the process is private.

Jan 30, 2014

Lenovo to buy Google’s Motorola in China’s largest tech deal

NEW YORK/SAN FRANCISCO (Reuters) – Lenovo Group said on Wednesday it agreed to buy Google Inc’s Motorola handset division for $2.91 billion, in what is China’s largest-ever tech deal as Lenovo buys its way into a heavily competitive U.S. handset market dominated by Apple Inc.

It is Lenovo’s second major deal on U.S. soil in a week as the Chinese electronics company angles to get a foothold in major global computing markets. Lenovo last week said it would buy IBM’s low-end server business for $2.3 billion.

Jan 29, 2014

Lenovo nears $3 billion deal to buy Google’s Motorola unit – sources

NEW YORK (Reuters) – China’s Lenovo Group (0992.HK: Quote, Profile, Research) is nearing a deal to buy Google Inc’s (GOOG.O: Quote, Profile, Research) Motorola handset division for close to $3 billion (1 billion pounds), people familiar with the matter told Reuters on Wednesday, buying its way into a heavily competitive U.S. handset market dominated by Apple Inc (AAPL.O: Quote, Profile, Research).

Lenovo is in the final stages of talks to buy the Google division that makes the Moto X and Moto G smartphones, as well as certain patents, the sources said.

Jan 29, 2014

Lenovo nears $3 billion deal to buy Google’s Motorola unit

NEW YORK (Reuters) – China’s Lenovo Group is nearing a deal to buy Google Inc’s Motorola handset division for close to $3 billion, people familiar with the matter told Reuters on Wednesday, buying its way into a heavily competitive U.S. handset market dominated by Apple Inc.

Lenovo is in the final stages of talks to buy the Google division that makes the Moto X and Moto G smartphones, as well as certain patents, the sources said.

Jan 29, 2014

Lenovo nears $3 bln deal to buy Google’s Motorola unit-sources

NEW YORK, Jan 29 (Reuters) – China’s Lenovo Group
is nearing a deal to buy Google Inc’s Motorola handset
division for close to $3 billion, people familiar with the
matter told Reuters on Wednesday, buying its way into a heavily
competitive U.S. handset market dominated by Apple Inc.

Lenovo is in the final stages of talks to buy the Google
division that makes the Moto X and Moto G smartphones, as well
as certain patents, the sources said.

Jan 27, 2014

Exclusive: Thoma Bravo prepares Blue Coat for sale – sources

By Nadia Damouni and Nicola Leske

(Reuters) – Private equity firm Thoma Bravo LLC is exploring the sale of network security company Blue Coat Systems Inc and is expected to choose Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) to lead the effort, according to three sources close to the situation.

While the sale process has not officially kicked off, Blue Coat has already started to attract interest from private equity firms and large tech vendors. Possible suitors could include IBM (IBM.N: Quote, Profile, Research, Stock Buzz), Oracle Corp (ORCL.N: Quote, Profile, Research, Stock Buzz) and Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz), one of the sources said.