Mergers & Acquisitions, Acquisition | featured news

H-P to Buy Palm for Nearly $1 Billion

H-P to Buy Palm for Nearly $1 Billion

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

 

Apple Buys Start-Up Behind the iPad's Chip

Apple Buys Start-Up Behind the iPad's Chip

Apple has purchased chip start-up Intrinsity whose technology analysts say was behind the chip used in the new iPad.

 

Facebook Buys Divvyshot Site

Divvyshot, a photo-sharing start-up, said it had received an offer from Facebook it couldn't refuse.

 

Chinese Company to Buy Volvo

Chinese Company to Buy Volvo

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

 

Electrolux makes bid for Daewoo

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

 

Phillips-Van Heusen to buy Tommy Hilfiger for $3B

Phillips-Van Heusen to buy Tommy Hilfiger for $3B

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 Agrees to Buy DocVerse for $25 Million

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

 

Coca-Cola agrees to acquire North American bottling operations

Coca-Cola agrees to acquire North American bottling operations

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 Acquires Online Movie Service Vudu

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 to buy Smith Int'l for $11 billion

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.

 

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