East Coast Tech Correspondent
Nicola's Feed
Feb 12, 2014

Cisco predicts third-quarter revenue fall in line with Wall Street view

By Nicola Leske

(Reuters) – Cisco Systems Inc (CSCO.O: Quote, Profile, Research, Stock Buzz) on Wednesday forecast a 6 to 8 percent revenue slide this quarter, roughly in line with Wall Street expectations, as the network gear maker struggles with sluggish emerging markets like China.

The outlook marks another severe decline in sales for the former high-flying tech company, which has blamed its poor run on a boycott of U.S. equipment after revelations of American spying efforts globally.

Feb 6, 2014

Sprint, T-Mobile shares fall on dwindling hopes for merger

NEW YORK (Reuters) – Shares in Sprint Corp (S.N: Quote, Profile, Research, Stock Buzz) and T-Mobile US (TMUS.N: Quote, Profile, Research, Stock Buzz) fell sharply on Thursday as investor hopes for a merger of the No. 3 and No. 4 U.S. mobile service providers faded on concerns about regulatory opposition.

Both companies’ shares were boosted in late 2013 by reports that SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz), the owner of 80 percent of Sprint, was considering buying T-Mobile from its majority owner, Deutsche Telekom (DTEGn.DE: Quote, Profile, Research, Stock Buzz), to merge both companies.

Feb 4, 2014

‘Wrong gender, color, country’ – Aiyengar, JPMorgan’s rising star

Feb 4 (Reuters) – Fifteen years ago, when Anu Aiyengar went
for an interview to become a mergers and acquisitions banker at
a major Wall Street firm, she got a stark, disappointing
message.

“You have three strikes against you,” Aiyengar, who was born
in India, recalled the interviewer telling her. “How can I hire
you? You are the wrong gender, wrong color and wrong country.”

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 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 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.

Jan 27, 2014

Thoma Bravo prepares Blue Coat for sale -sources

Jan 27 (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 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
, Oracle Corp and Hewlett-Packard Co,
one of the sources said.

Jan 22, 2014

Time Warner Cable mimics an Airgas negotiating move

NEW YORK (Reuters) – Time Warner Cable (TWC.N: Quote, Profile, Research, Stock Buzz) is borrowing a tactic from a three-year-old takeover battle as it seeks to fend off Charter Communications Inc’s (CHTR.O: Quote, Profile, Research, Stock Buzz) $37.3 billion unsolicited bid.

Time Warner Cable, by publicly naming the price at which it would reconsider its firm opposition to Charter’s takeover bid, is following the example of Airgas Inc (ARG.N: Quote, Profile, Research, Stock Buzz), which successfully repelled Air Products and Chemicals Inc (APD.N: Quote, Profile, Research, Stock Buzz) in 2011 by putting forth a high number for the suitor to reach.

Jan 14, 2014

Charter takes rejected Time Warner Cable bid to investors

NEW YORK (Reuters) – Charter Communications Inc (CHTR.O: Quote, Profile, Research) on Monday formally offered to acquire larger rival Time Warner Cable (TWC.N: Quote, Profile, Research) for $37.3 billion (22.7 billion pounds), sparking what is likely to be a contentious battle for control of the No. 2 U.S. cable operator.

Charter, the No. 4 cable operator, proposed paying $132.50 per share – barely higher than where Time Warner Cable shares closed on Monday – consisting of around $83 per share in cash and its own stock.