Dell gets shareholder approval for VMware deal
Will begin trading on the New York Stock Exchange on 28 December
Will begin trading on the New York Stock Exchange on 28 December
Sky Network Television and Vodafone Group have abandoned their plan to merge Sky with Vodafone New Zealand.
The Overseas Investment Office has granted its consent to the merger of SKY Network Television and Vodafone New Zealand. However, there is no suggestion, despite at least one press report to the contrary, that this decision will override the Commerce Commission’s rejection, in February of the deal on the basis that it would be anti-competitive.
Spark New Zealand has said its 80 cent per share offer for TeamTalk valuing the company at $22.7m, announced in February, is “full and final” but it has waived the condition requiring 90 percent shareholder acceptance. The offer will how become unconditional if shareholder acceptance exceeds 50 percent.
Spark’s $22.7m takeover offer for TeamTalk may be dead in the water following Vodafone’s offer of $10m for 70 percent of TeamTalk subsidiary BayCity Communications, but nonetheless the Commerce Commission is putting the offer under the microscope after Spark wrote to it seeking clearance for the deal.
Dell and EMC have completed their US$67 billion merger to create Dell Technologies, the world's largest privately held technology company. It's a historic day, far from the PC company that sponsored the "Dude, I've bought a Dell" campaign.
Andrew Neff of Gartner cites the positives and challenges ahead for the merged company.
The first question is: Where’s the Cloud?
Telstra rivals have condemned the Australian telecom giant’s proposed acquisition of Adam Internet as a move that will reduce telecom competition.
HP has completed its $2.35 billion merger with 3Par, just weeks after thwarting rival Dell in a bidding war for the storage vendor, HP announced Monday.
US investment expert Ken Bender insisted he needed two hours for his NZX seminar talk — he was offered an hour and the parties settled on an hour-and-a-half with lunch in-between to give everyone a breather.
Brian Fellows had seen it all before. When media conglomerate Thomson acquired NewsEdge five years ago it was the second time NewsEdge had been swallowed up by a larger competitor. The anxiety that swept through NewsEdge’s 20-person IT department was palpable. But Fellows, then the distributor of electronic news and the security manager, kept his head.
Compaq NZ chief to lead merged company
The Commerce Commission has today given its approval to the merger of Hewlett-Packard and Compaq in New Zealand.
“We’re getting to know our customers better”