Medical device company ART reaches restructuring proposal after review
a minute ago
MONTREAL - Medical device company ART Advanced Research Technologies Inc. (TSX:ARA) said Friday it has signed a deal to be acquired by Dorsky Worldwide Corp. and restructure the company...
Nokia Siemens emerges as second bidder in Nortel optical networking auction
7 hours ago
TORONTO - Insolvent telecom equipment maker Nortel Networks Corp. started the auction for its optical networking and carrier ethernet business on Friday morning, with Nokia Siemens...
EU extends antitrust review of Oracle's Sun takeover until Jan 27
10 hours ago
BRUSSELS, Belgium - European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned US$7.4 billion...
Dell profit falls amid slump that has cut its ranking to No. 3 PC maker
21 hours ago
SAN FRANCISCO - Dell Inc. said Thursday that its net income dropped 54 per cent in the latest quarter amid signs the company isn't fully benefiting from the computer industry's fledgling...
Avaya acquisition of portion of Nortel cleared by European Commission
1 day ago
BASKING RIDGE, N.J. - Telecommunications company Avaya Inc. announced Thursday that has received clearance from the European Commission for its proposed acquisition of Nortel's enterprise
German chipmaker Infineon makes Q4 net profit of C14 million, helped by cost cuts
1 day ago
FRANKFURT, Germany - German chipmaker Infineon Technologies AG said Thursday its fourth quarter net income rose sharply from a large loss a year ago, helped by cost reductions. ...
Deutsche Telekom to take over Web hosting company Strato
1 day ago
FRANKFURT, Germany - German telecoms provider Deutsche Telekom AG said Thursday it will take over Strato, a German Web hosting company. Deutsche Telekom, based in Bonn, said the boards...
Sony chief executive outlines turnaround plan toward profit in gaming, TVs
1 day ago
TOKYO - Sony says it will become profitable in its gaming and flat- panel TV businesses by the fiscal year ending March 2011, as the electronics giant moves ahead with cutting costs and...