NTT DoCoMo, Tata Teleservices Limited (TTSL) and Tata Sons Limited, the prime promoter for Tata companies including TTSL, have announced their agreement on a strategic alliance in India, under which DoCoMo will acquire 26% of TTSL for US$2.7 billion
Reiko Uchida, 13 November 2008
Fujitsu of Japan is buying Siemens' 50% stake in their European IT joint venture. The takeover is the latest example of consolidation in the technology industry in response to intense competition and sluggish demand. Fujitsu will pay about €450m ($584m) for Siemens' stake in Fujitsu Siemens...
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Simon Fox, 05 November 2008
Telenor is paying over $1bn dollars to buy a majority stake in Indian mobile operator Unitech Wireless in spite of reservations from some of its shareholders. This puts Nordic region's largest telecom operator in competition with Vodafone in the growing Indian marketplace.
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Reiko Uchida, 01 November 2008
Best Buy, the largest US consumer electronics retailer, is acquiring Napster, the music download provider, for $121m as it seeks to establish itself as a significant player in the global market for mobile devices and digital services.
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Simon Fox, 16 September 2008
BankInvest, the Danish investment group has joined Amadeus Capital and 3i to invest a total of $18m (£10m) in Nujira, the Cambridge,UK based technology company which makes high-efficiency power amplifier technology for radio transmitters. The company was awarded a Red Herring 100 Europe award...
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Michelle Wong, 15 September 2008