News: Mergers & Acquisitions

• Sophos may lay off up to 5 percent of staff
  Jeremy Kirk
  Jan 22 2009

  Security vendor Sophos plans to lay off up to 5 percent of its staff, the company said Thursday. Engineering and product development staff will not be affected, with the 75 jobs to be cut all in ...

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• Circuit City, I Won't Miss You
  Jeff Bertolucci, PC World
  Jan 19 2009

  I suspect that nobody's really surprised that Circuit City has finally bitten the dust. The fading electronics chain had been in a death spiral for quite some time, and all the cost-cutting in the ...

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• Report: Yahoo Chairman, Microsoft CEO meet in New York
  Jordan Golson, The Industry Standard
  Jan 16 2009

  Watching Yahoo and Microsoft dance around each other while trying to work out a merger deal last year was like watching two awkward teenagers at their first high school formal. But, with cofounder ...

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• Google Kills Services: Notebook, Dodgeball, Others Gone
  Daniel Ionescu
  Jan 15 2009

  Google is shutting down various unpopular projects it has been working on and is also sacking about 100 employees, in what it seems to be a bad week at the search giant's offices around the ...

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• Nortel bankruptcy filings are last-ditch effort
  Tim Greene
  Jan 14 2009

  Nortel is attempting to put the brakes on its financial free fall by seeking bankruptcy protection in the United States, Canada and Europe. Read a letter from Nortel's CEO. Legal filings to ...

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• Nortel Business and Financial Restructuring letter
  Network World staff
  Jan 14 2009

  Dear Friends of Nortel, Today, Nortel is filing for creditor protection in Canada, the United States and Europe in order to undertake a comprehensive business and financial restructuring. I firmly ...

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• Nortel files for bankruptcy
  Mikael Ricknäs
  Jan 14 2009

  Financially struggling Nortel Networks filed for Chapter 11 in U.S. bankruptcy court Wednesday. The Toronto-based company is seeking creditor protection in the U.S., Canada and EMEA (Europe, the ...

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• SCO reorganization proposed
  Paul Krill
  Jan 12 2009

  As part of a proposed reorganization following its bankruptcy filing, SCO plans a public auction of its mobile business and its Unix OpenServer business, the company said on Monday. Through the ...

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• Indian government to appoint Satyam board members
  John Ribeiro
  Jan 09 2009

  The Indian government announced Friday that it cancelled a board meeting scheduled for Saturday of troubled outsourcer Satyam Computer Services. Indicating that it was taking charge of the company ...

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• Satyam tries to reassure customers, investors
  John Ribeiro
  Jan 08 2009

  Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures. The Indian outsourcer is ...

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