M&A

  • Symantec Set to Acquire VeriSign for $1.28B
    Security and storage powerhouse Symantec announced Wednesday that it signed a deal to purchase Verisign's Identity and Authentication division for $1.28 billion. The deal will undergo the usual regulatory review, but the company expects to close the transaction sometime in ...More
    May 20, 2010 By Doug Allen
    Posted in News
  • Google Set to Acquire Global IP Solutions
    And the acquisitions just keep on coming for Google Inc. (GOOG). The Internet giant late Monday announced its intent to buy Global IP Solutions (GIPS), a San Francisco-based company focused on high-speed, high-quality VoIP and video over IP processing. Google’s ...More
    May 18, 2010 By Doug Allen
    Posted in News
  • Veraz, Dialogic Join Forces in All-Stock Merger
    IP equipment makers Veraz Networks (VRAZ) and Dialogic Corp. are merging as bandwidth and mobility demands challenge service providers’ limits.The news came on Wednesday, the same day Veraz reported a first-quarter loss of $5.2 million, compared to losses of $4.1 ...More
    May 12, 2010
    Posted in News
  • Aruba to Buy Outdoor Wireless Vendor for $27M
    Aruba Networks Inc. (ARUN) announced Monday the execution of a definitive agreement to purchase Azalea Networks, a supplier of outdoor mesh networks, a move that will enable the Wi-Fi gearmaker to delivery mobility solutions that span from indoor carpeted spaces to the ...More
    May 10, 2010
    Posted in News
  • Qwest Shareholders Ticked About CenturyTel Deal
    Two Qwest Communications International Inc. (Q) investors are suing the company as CenturyTel Inc. prepares its $10 billion stock-swap takeover.Lorrieann Martin and Mark Respler say the deal is worth too little to Qwest stockholders; they’ve asked a judge to stop ...More
    May 3, 2010
    Posted in News
  • Lightyear Renames Reverse-Merger Partner Libra
    Kentucky-based CLEC Lightyear Networks Solutions (LYNS.OB) has renamed Libra Alliance Corp.Libra is the shell corporation and former ISP with which Lightyear conducted a reverse merger in February. Lightyear became Libra’s principal operating company, with 80 ...More
    April 30, 2010
    Posted in News
  • CenturyTel-Qwest: Not Another FairPoint
    CenturyTel is making a big move by purchasing larger rival Qwest. There’s no pressure for the two companies to integrate right away and analysts hope that means the industry avoids another Verizon-FairPoint debacle. ...More
    April 23, 2010 By Kelly Teal
    Posted in Articles
  • CenturyTel To Buy Qwest for $22.4 Billion
    CenturyTel Inc., which has been on a spending spree, has landed its biggest fish to date. The company has struck a deal with Qwest Communications to buy the Denver-based telco for $10.6 billion -- $22.4 billion once Qwest debt is accounted for -- in an all-stock deal. ...More
    April 22, 2010
    Posted in News
  • Cisco Ties Up TANDBERG Acquisition
    Cisco Systems Inc. (CSCO) has bought all outstanding shares of TANDBERG to complete the takeover of the videoconferencing company. Cisco first launched its TANDBERG buyout bid last October and had to maneuver through weeks of shareholder rebuffs. But the world’s ...More
    April 20, 2010
    Posted in News
  • Verizon-Alltel Fallout: One State Lost 600 Jobs
    Verizon Wireless has cut 600 jobs in Arkansas since it acquired Alltel for more than $28 billion in January 2009. While that sounds like bad news, NWA Online reports that number is 700 fewer than what the company originally thought it would cut from Alltel’s former ...More
    April 19, 2010
    Posted in News
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