Tag Archives: $1.1

Ohio offers Amazon tax breaks to build $1.1 billion data center

By Deepa Seetharaman SAN FRANCISCO (Reuters) – State and local officials in Ohio are courting Amazon.com Inc with tax breaks and other perks to convince the No. 1 U.S. online retailer to build a $ 1.1 billion data center in … Continue reading

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SK Hynix says Toshiba seeks $1.1 billion in NAND leak suit

South Korea's SK Hynix Inc on Monday said Japanese rival Toshiba Corp is seeking 109.15 billion yen ($ 1.08 billion) in damages in a lawsuit filed over the suspected leak of NAND flash memory chip technology. SK Hynix disclosed the … Continue reading

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SanDisk to buy Fusion-io for $1.1 billion

(Reuters) – SanDisk Corp is buying Fusion-io Inc for about $ 1.1 billion to bulk up its flash storage business and reduce its exposure to the volatile memory chip market. SanDisk's offer of $ 11.25 per share represents a premium … Continue reading

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Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

(Reuters) – Yahoo Inc said it is acquiring blogging service Tumblr for $ 1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but … Continue reading

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Yahoo’s board approves $1.1 billion Tumblr acquisition: WSJ

SAN FRANCISCO (Reuters) – Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $ 1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such … Continue reading

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Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD

SAN FRANCISCO (Reuters) – Yahoo Inc's board will meet on Sunday to vote on whether to offer $ 1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on … Continue reading

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THL to buy IT services company CompuCom for $1.1 billion – source

By Nadia Damouni NEW YORK (Reuters) – IT outsourcing company CompuCom Systems Inc said Monday it is being bought by private equity firm Thomas H. Lee Partners, and a source close to the matter said the price tag will be … Continue reading

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Sony sells famed NYC headquarters for $1.1 billion

Sony (SNE) on Thursday announced that it has entered into an agreement to sell its famed 550 Madison headquarters in New York City. The 37-story building is being purchased by a group of investors led by The Chetrit Group, a … Continue reading

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Renesas to post $1.1 billion special loss on job redundancy scheme

TOKYO (Reuters) – Ailing Japanese chipmaker Renesas said on Wednesday that it will post a 85 billion yen ($ 1.1 billion) extraordinary loss in the July-September quarter after a larger-than-expected number of employees volunteered for its redundancy scheme. Renesas said … Continue reading

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