Acquisition | featured news

Swedish-based producer of home appliances group Electrolux is one of two preferred bidders for Daewoo Electronics.

Phillips-Van Heusen says it will buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world's biggest clothing companies.

Google has acquired DocVerse, a technology start-up that allows people to collaborate on Microsoft Office files online, for about $25 million.

The Coca-Cola Co. has agreed to buy Coca-Cola Enterprises Inc.’s entire North American bottling business — and along with it the company’s bottling plant in San Antonio.

Walmart is set to make a play for your living room. The company has acquired online movie service Vudu, just over a month after rumors about a deal first surfaced.

Schlumberger Ltd., the world's biggest oilfield services company, has agreed to purchase fellow industry player Smith International Inc. for about $11 billion in stock in a move to diversify its product offerings and better compete with rival Halliburton Co.

Facebook appears to have made a third acquisition — this one smaller than its two previous buys. What’s more, Facebook has shut down the company’s service immediately.

Industrial conglomerate Tyco International will acquire Broadview Security for $1.9 billion in a deal that brings together two large providers of residential and commercial security in North America, the two companies said on Monday.

We’ve seen a host of deals recently in the Twitter app space, but here’s one that we now know didn’t happen: TwitPic selling out for north of $10 million.

AOL is currently in talks to acquire Mashable, the world's largest technology blog. A sale to the content-obsessed internet company would mean Mashable's 24-year-old founder Pete Cashmore really would have everything.