Biz/Tech
BB&T Corporation Acquires National Penn for $1.8 Billion, Improves to #4 in Market Deposit Share in Pennsylvania
Rob Mee to Replace Paul Maritz as CEO of Pivotal, Maritz to Remain as Executive Chairman
Pivotal Software’s board of directors has appointed Rob Mee, who recently served as the company’s executive vice president of products and research development, to be the company’s new CEO, replacing Paul Maritz, according to a press release issued by the company.
Latest News
Rambus to Sell Own Chip Brand, Introduces Server Memory Interface Chipset
Rambus, Inc. a licensing tech company, is planning to make its own brand of chipset that it will offer to the market, according to a press release issued by the company.
QVC Acquires Zulily, Strengthens Leadership Position in Experiential, Discovery Driven Shopping
Liberty Interactive Corporation, the owner of home shopping network QVC, has just announced that they have reached an agreement to acquire Zulily, Inc. for approximately $2.4 billion, or $18.75 per share in cash and stock, according to a press release issued by Liberty.
iMac 2015 Rumors, Release Date, Features: Feast Your Eyes Over 4K Retina Screen In Latest Apple Offering!
The iMac 2015 rumors are in and they are impressive as ever! Recent iMac 2015 rumors may sound unbelievable to many but trust Apple to bring unbelievable products that many of us could only ever dream of.
Estee Lauder Earnings Decline as Strong Dollar Bites
Cosmetics maker Estee Lauder Cos Inc's profits dropped by more than 40 percent for the quarter ending June, hurt by a stronger dollar and weak demand for skincare products Clinique and Estee Lauder.
Pentair Business Boost Seen with Erico Global Acquisition
Pump and valve maker Pentair Plc announced on Monday the acquisition of electrical fastenings company Erico Global Co. including its debts for $1.8 billion in cash, the New York Times reported.
Foreign Companies in Tianjin Port Suspend Operations as Investigations Continue
Foreign companies around the Tianjin port damaged by a massive blast last week are holding off restarting their operations as officials continue to investigate the cause of the explosions.
Cargill Expands Aquaculture Business with EWOS Acquisition, Will Become Among Leaders in Feed Production
Cargill Inc. will acquire Norwegian salmon-feed supplier EWOS AS for $1.5 billion from private-equity firms Altor Equity Partners AB and Bain Capital Partners LLC as the world's largest grain trader expands its aquaculture business.
Airbus Signs $27 Billion Deal with India's IndiGo for 250 Aircrafts
France's Airbus has signed a deal to sell 250 narrow-body aircraft worth $26.5 billion to IndiGo, India's largest airline which seeks to further cement its leadership in the country's booming aviation industry.
'Kingdom Hearts 3' Will Have A 'Big Hero 6' World - No 'Star Wars' Characters Included?
'Kingdom Hearts 3' Will Have A 'Big Hero 6' World - No 'Star Wars' Characters Included?