Tag Archives: billion

Exclusive: Swisscom weighs $6.3 billion Fastweb sale as Vodafone lurks – sources

By Sophie Sassard, Pamela Barbaglia and Anjuli Davies LONDON (Reuters) – Telecom operator Swisscom is considering a possible sale of its Italian broadband firm Fastweb, which is worth up to 5 billion euros ($ 6.3 billion) and has been a … Continue reading

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Facebook’s WhatsApp acquisition now has price tag of $22 billion

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $ 3 billion to roughly $ 22 billion because of the increased value … Continue reading

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Samsung Electronics to invest $14.7 billion in South Korea chip facility

SEOUL (Reuters) – Samsung Electronics Co Ltd said on Monday that it will invest 15.6 trillion won ($ 14.7 billion) to build a new semiconductor production facility in South Korea. The world's biggest memory chip maker said in a statement … Continue reading

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Microsoft earned $1 billion from Samsung Android patent licensing last year

Microsoft has a┬ávast number of Android patent┬álicensing agreements with device makers worldwide, but a Samsung court case has put a figure on exactly how much money the software giant makes from Android. Samsung paid Microsoft $ 1 billion in patent-licensing … Continue reading

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EU Commission clears Facebook’s $19 billion bid for WhatsApp

BRUSSELS (Reuters) – European Union antitrust regulators approved on Friday a $ 19 billion offer by Facebook, the world's most popular social network, for mobile messaging startup WhatsApp. The landmark deal is the largest in Facebook's 10-year history and will … Continue reading

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Vista Equity to buy Tibco Software for $4.3 billion

By Liana B. Baker (Reuters) – Business software maker Tibco Software Inc on Monday said private equity firm Vista Equity Partners would take it private for $ 4.3 billion in the largest technology buyout this year. Vista will pay $ … Continue reading

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Cisco sets $1 billion investment for global cloud computing network

By Marina Lopes WASHINGTON (Reuters) – Cisco Systems will invest $ 1 billion over two years to expand its cloud offerings, the company said on Monday, linking hundreds of data centers and cloud providers around the world in a network … Continue reading

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Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday

BEIJING (Reuters) – Lenovo Group Ltd will close its acquisition of International Business Machines Corp's x86 server division on Oct 1 for $ 2.1 billion, giving China's biggest personal computer maker a major asset as it expands its offerings for … Continue reading

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Exclusive: EU regulators to approve Facebook’s $19 billion bid for WhatsApp – sources

BRUSSELS (Reuters) – European Union antitrust regulators will unconditionally approve a $ 19 billion offer by Facebook, the world's most popular social network, for mobile messaging startup WhatsApp, two people familiar with the matter said on Thursday. The landmark deal, … Continue reading

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Huawei to invest $4 billion in fixed broadband R&D in next three years

BEIJING (Reuters) – Huawei Technologies Co Ltd , the world's largest telecommunications equipment maker, said it would invest more than $ 4 billion in fixed broadband technology research and development (R&D) in the next three years. Huawei, which has shifted … Continue reading

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