Media and Technology NEWS

Microsoft’s Bing to feature Facebook pictures in search results

Microsoft´s search engine Bing will be showing pictures added or shared on Facebook in its search, as the next step of its Facebook features integration that has been going on for quite some … Continue reading “Microsoft’s Bing to feature Facebook pictures in search results”


Amazon to compete with Groupon by launching daily deal site in London

E-commerce giant Amazon is on a quest to conquer new territories by launching a daily deals site, designed to operate for London initially, it has emerged. The new site will aim to compete … Continue reading “Amazon to compete with Groupon by launching daily deal site in London”


Broadcaster ITV acquires production firm So Television

British broadcaster ITV Plc (LON:ITV) said it had purchased production company So Television for a maximum price of GBP17m (USD27m/EUR21.5m), as part of plans to boost its capability in the production of TV … Continue reading “Broadcaster ITV acquires production firm So Television”


BT sells stake in Indian IT firm Tech Mahindra for $250m

British communications services provider BT Group Plc (LON:BT.A) said it had disposed of 14.1% in Indian IT services firm Tech Mahindra Ltd (BOM:532755) for a total gross cash price of INR13.95bn (USD250.4m/EUR203m). The … Continue reading “BT sells stake in Indian IT firm Tech Mahindra for $250m”


E-crime costs UK retailers £200m a year

Internet crime is the biggest emerging threat to the UK’s retail sector, the British Retail Consortium (BRC) claimed today. This type of criminal activity is a growing threat to retailers as more and … Continue reading “E-crime costs UK retailers £200m a year”


IBM seeks acquisitions to strengthen its storage systems offering

International Business Machines Corp (NYSE:IBM) will continue its acquisition streak in an attempt to further enhance its storage system offerings, Bloomberg reported today, quoting Bob Cancilla, IBM’s vice president for storage systems. Yesterday, … Continue reading “IBM seeks acquisitions to strengthen its storage systems offering”


Reed Elsevier unit acquires Danish software firm Atira

Elsevier BV, a division of Anglo-Dutch publisher and professional information provider Reed Elsevier Group PLC (LON:REL, AMS:REN), said it had acquired Denmark’s Atira A/S without disclosing the financial particulars of the deal. Atira … Continue reading “Reed Elsevier unit acquires Danish software firm Atira”


Private equity funds sponsor a possible MBO of China’s Focus Media

Chinese interactive digital media firm Focus Media Holding Limited (NASDAQ:FMCN) said its board is reviewing a going-private offer received from a consortium comprising its chairman and CEO Jason Nanchun Jiang and a group … Continue reading “Private equity funds sponsor a possible MBO of China’s Focus Media”


Sweden’s EQT confirms €220m deal for Austrian UC4

Swedish private equity firm EQT Partners AB announced today that its EQT VI fund had signed a deal to buy Austrian IT process automation software vendor UC4 Software GmbH from a unit of … Continue reading “Sweden’s EQT confirms €220m deal for Austrian UC4”


Carlyle sells Austrian IT firm UC4 to Sweden’s EQT in €220m deal

Swedish private equity investor EQT Partners has emerged victorious in the heated competition for Austrian-based IT automation solutions provider UC4 Software GmbH, agreeing a EUR220m (USD270m) deal with its owner The Carlyle Group … Continue reading “Carlyle sells Austrian IT firm UC4 to Sweden’s EQT in €220m deal”


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