Items tagged with buyout

Dell's decision to go private (and Microsoft's $2B investment) are big news in the tech world today, but there's precious little in the way of hard evidence for why Michael Dell decided to buy back the company he founded as a college student back in 1984. The Microsoft angle has gotten a lot of press, but it's not the primary driver of the deal. In a $24 billion deal, two billion is only 8.3% of the total. It didn't buy Microsoft a seat on the board or governance rights. The obvious reason for Microsoft to invest in Dell is for product manufacturing; Dell could easily handle Redmond's Surface volume.... Read more...
A recent study may show another reason why AT&T is interested in purchasing T-Mobile: According to research, AT&T stands to get a more loyal customer base with the purchase of T-Mobile. The survey from Vocal Laboratories shows that T-Mobile customers are 11% more likely to resubscribe than AT&T customers. Vocal Laboratories cited statistics from telephone interviews that were conducted right after a customer service call. Those statistics showed that 73% of T-Mobile customers said they would subscribe again to T-Mobile's service, compared to only 62% of AT&T customers. AT&T... Read more...
The question of what's next for AMD took an interesting twist this morning as the company's stock rose ~ five percent on the rumor that Dell might be interested in acquiring the CPU designer. To say 2011 has been a tumultuous year for AMD thus far would be an understatement; the company has launched major new products, fired its CEO, turned in a solid Q4 2010, and dismissed two additional board members all in the last six weeks. The rumors of a potential buyout aren't just leaking in anonymously. This latest is courtesy of Barrons and Bloomberg with the latter noting that, according to Patrick... Read more...
Talk about a change of plans. Over the weekend, we heard that Palm's boss (Jon Rubinstein) was confident that he could get things turned around. The company has had trouble lately keeping their stock price afloat, and they've also had trouble moving their two webOS phones, the Pixi and Pre (along with the Pre Plus and Pixi Plus on Verizon Wireless). And while he may be firmly committed to Palm's future success, it seems that the success may lie in the hands of another parent. According to a breaking report from Bloomberg, Palm has officially put themselves "up for sale and is seeking bids for the... Read more...
Facebook has acquired FriendFeed, a Silicon Valley company that lets Facebook members see what their friends are doing online and share content. For the time being, FriendFeed will continue to operate as normal until both teams determine longer term plans for the product. The acquisition provides Facebook with an opportunity to expand into real-time search. Because of its ability to conduct real-time search, FriendFeed has been described as a rival to Twitter. You may recall that Facebook attempted to buy Twitter last year but the deal never materialized. "Facebook and FriendFeed share a common... Read more...
The world’s number three PC maker Lenovo Group Ltd. announced today that it is negotiating a deal to acquire Europe-based PC maker Packard Bell BV, via a third party. However, Lenovo may not be the only company that is eying Packard Bell. Back in April, Acer announced plans to buy up a PC company within five months to gain more market share and to hasten growth. In fact, Acer decided against acquiring a U.S. or Taiwan company, but has not been clear on its target. Lenovo Group Ltd. is a China-based firm that aims to go global via foreign investment. During the first three months of 2007 Lenovo... Read more...