Tech M&A

– Tracking Mergers & Acquisitions in the IT industry
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Archive for May, 2008

Not a tech M&A but… CBS is buying CNET

This is more a media M&A but I’m including it here because CNET covers the technology industry…
NEW YORK and SAN FRANCISCO, May 15 — CBS Corporation (NYSE: CBS.A and CBS) has entered into an agreement to acquire CNET Networks, Inc. (Nasdaq: CNET), it was announced today by Leslie Moonves, President and Chief Executive Officer, CBS […]

Confirmed: HP is buying EDS

PALO ALTO, Calif., and PLANO, Texas, May 13, 2008 — HP and EDS today announced that they have signed a definitive agreement under which HP will purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion. The terms of the transaction have been unanimously approved by the HP […]

HP is said to be buying EDS

According to a NYTimes.com article, HP is offering to buy EDS for $12.6 billion in cash. HP is clearly trying to catch up to IBM in the game of IT services for large corporations, an area where IBM certainly has a commanding lead. A combination would lead to some serious integration issues. […]

After not being able to reach an agreement on the price and other terms, the negotiation fell apart and Microsoft is now withdrawing its offer to buy Yahoo! (Reportedly, Microsoft’s final offer was $33 a share while Yahoo wanted at least $37.) See Microsoft’s official press release here. Yahoo’s official response is here.
Personally […]

About The Blogger

a picture of me...I'm Allen Hsieh, a management consultant currently based in Shanghai, China. I'm especially interested in the IT & Web2.0 business and track mergers & acquisitions in this industry. Hence this blog... I hope you find it useful!

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