Tags: Acquisitions

Equinix buys another 24 data centres

Data centre operator Equinix appetite for growth shows no sign of abating. It has just announced the acquisition of 24 data centres sites from US Carrier, Verizon. There are 29 data centres across the sites and there have been rumours that Verizon wanted to sell for some time. The fact that Equinix has managed to…

Verizon swallows Yahoo for $4.8 billion

Over the weekend reports have been circulating that Yahoo has finally found a suitor. Verizon is to buy Yahoo’s core internet operations and land holdings for $4.8 billion (£3.65) according to Bloomberg. The big surprise is that Bloomberg is also reporting that this deal does not include the Yahoo intellectual property (IP) portfolio. The details…

ARM agrees to SoftBank acquisition

Details of the deal emerged this morning when SoftBank published two press releases on its website. The first release covers an agreement made on Friday with Mizuho Bank Ltd. That deal enables SoftBank to access ¥1 trillion to part fund the acquisition. The second release gives the details of the acquisition. The board of ARM…

Symantec to acquire Blue Coat

Security vendor Symantec is to acquire rival Blue Coat as it looks to strengthen its position in the security market. At $4.65 billion this deal is almost double the value of Blue Coat when Bain Capital acquired it last year and will be a cash transaction. With Symantec already having committed to return most of…