DealZone Daily

November 10, 2009

Chocolate and macaroni cheese aside, a trio of tech deals to mull over:

* Google Inc will buy AdMob, one of the largest mobile advertising networks, for $750 million, widening its bet that cell phone advertising could become the Internet’s next-big money maker.

* Electronic Arts Inc acquires Playfish for $275 million as the maker of the “Madden NFL” series expands in the growing social gaming sector.

* And Cisco Systems Inc says shareholders holding just 9.37 percent of shares in Tandberg have accepted its $3 billion tender offer for the Norwegian videoconferencing company.

For more on these stories and the rest of the latest deal-related news from Reuters, click here.

And in the newspapers:

* London-headquartered private equity firm BC Partners will buy ATI Enterprises, a Texas-based operator of 24 educational campuses, for about $500 million, the Financial Times says.

* Turkey’s media group Dogan Yayin (DYHOL.IS), which is in a dispute over a record tax fine, denies a media report that five of its papers were being sold to Germany’s Axel Springer (SPRGn.DE).

* Morgan Stanley (MS.N) is close to investing $200-$300 million in Asian Infrastructure Pte,  India’s Economic Times says, citing unnamed sources.

* Magna’s (MGa.TO) co-chief executive told a German paper the Austro-Canadian company was not looking to team up with another auto maker after failing to clinch Opel, and will instead focus on its supply business. Reuters story here.

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