closing price

Will HP Steal Sybase From SAP?

John Paczkowski in News on May 14, 2010 at 9:05 am PT

Is SAP paying too much for Sybase? Some have argued that $65 per share in cash–56 percent above Sybase’s Tuesday closing price–is a bit dear for a company whose stock hasn’t really topped $50 since the mid-’90s. But SAP likely has a very good reason for offering it: Preempting a rival bid from Hewlett-Packard, which, according to Cowen analyst Peter Goldmacher, can’t afford not to buy Sybase.

Who Got the Loot? How YouTube Split Up Google’s Billions.

Peter Kafka in Media on March 18, 2010 at 11:42 am PT

Google’s $1.65 billion purchase of YouTube is perhaps the best-known transaction of the Web 2.0 era. Most of the money, $1.3 billion, went to three co-founders and two investors. Here’s a breakdown of who got what.

Sprint Nextel Silences iPCS

John Paczkowski in News on October 19, 2009 at 5:01 am PT

Wireless company iPCS is a legal thorn in Sprint’s side no longer. This morning, Sprint said it would acquire its litigious affiliate for $831 million, including the assumption of $405 million of net debt.

Starent to Cisco: Hey, Big Spender

John Paczkowski in News on October 13, 2009 at 6:26 am PT

Cisco CEO John Chambers wasn’t kidding when he said we’d see the company move into a number of new markets via acquisition over the next year. Earlier this year, Cisco acquired Pure Digital, developer of the Flip video camera, for $590 million. Two weeks ago it spent $3 billion on video-conferencing system maker Tandberg. And now it’s purchasing mobile infrastructure outfit Starent Networks for $2.9 billion, or $35 a share.

Cisco Snags Tandberg for $3 Billion

John Paczkowski in News on October 1, 2009 at 7:35 am PT

It’s merger mania in the tech industry. First Dell buys Perot Systems for $3.9 billion. Then Xerox purchases Affiliated Computer Services for $6.4 billion. Now Cisco is acquiring Tandberg for nearly $3 billion in cash.

For Sale: 20 Million Palm Shares at $16.25 Apiece

John Paczkowski in News on September 23, 2009 at 8:12 am PT

Palm this morning put a price on its public offering of 20 million common shares: $16.25 a piece. That’s nearly five percent less than Tuesday’s closing price of $17.07, but enough to generate about $313.1 million.

Measure This: Adobe Buys Web Traffic-Counter Omniture for $1.8 Billion

Peter Kafka in Media on September 15, 2009 at 1:42 pm PT

What do you do if you’ve got a grip on the Web/design software market? Expand into the Web measurement business, apparently. Adobe, whose Photoshop and Acrobat software offerings dominate the Web publishing business, will pay $1.8 billion to acquire Omniture, whose Web traffic measurement software is that industry’s standard.