News: Mergers & Acquisitions

• Sony to close last US TV factory
  Martyn Williams
  Dec 10 2008

  Sony has named its Westmoreland, Pennsylvania, plant as the second factory of a planned 5 or 6 that will be shut down as part of a global restructuring. The factory is Sony's last remaining TV ...

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• Nortel mulls bankruptcy
  Tim Greene
  Dec 10 2008

  Nortel has hired lawyers to consider whether it should seek bankruptcy protection, but the company says it has made no decision to do so. It will instead follow the restructuring and cost-cutting ...

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• HP integrates EDS into technology operations
  Agam Shah
  Dec 05 2008

  Hewlett-Packard on Friday said it was further integrating EDS into its operations to boost its services and product offerings. EDS, which earlier operated as a separate business unit, will be ...

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• IDC: Economic crisis will kill off some PC makers
  Sharon Gaudin
  Dec 04 2008

  With credit in a tight squeeze and the economy in free fall, the next few years should see the collapse of some small PC makers and a restructuring of the rest of the industry, according to an ...

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• Google called off Yahoo deal as DOJ closed in
  Heather Havenstein
  Dec 04 2008

  Google Inc. called off its proposed search advertising deal with Yahoo just three hours before the U.S. Department of Justice was to file an antitrust complaint on Nov. 5 aimed at blocking it, ...

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• AT&T to cut 12,000 employees through 2009
  Jeremy Kirk
  Dec 04 2008

  AT&T will lay off 12,000 workers through 2009 as the company reorganizes and faces a tough economic environment, the company said Thursday. AT&T will spend US$600 million in its fourth ...

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• Taiwan hopes to avoid US-style bail-out for DRAM industry
  Dan Nystedt
  Dec 03 2008

  The Taiwanese government stands ready to help its ailing DRAM industry but hopes to avoid U.S.-style capital injections, the island's president said Wednesday. "The plight of the DRAM industry is ...

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• Wipro redeploys some engineering staff to BPO
  John Ribeiro
  Dec 03 2008

  Indian outsourcer Wipro has decided to assign to its business process outsourcing (BPO) operations some of the software engineers it had promised to hire from college campuses. The move is a ...

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• Danish software company goes bankrupt as CEO disappears
  Computerworld Denmark staff
  Dec 02 2008

  Danish software company IT Factory has filed for bankruptcy and the CEO, Stein Bagger, has disappeared, wanted by Interpol. IT Factory won several business prizes this year. Financial figures ...

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• Microsoft, Yahoo said to deny search deal
  Jordan Golson, The Industry Standard
  Nov 30 2008

  The Times of London reported this morning that Microsoft and Yahoo are in talks to give Microsoft control of Yahoo's search business for 10 years in a complicated transaction that would put ex-CEO ...

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