Make us your homepage



  Top100  


  Classifieds  


  News  


  Help  


  Contacts  

Search: 

 



News

News category


CDC Rises After PlanTec Purchase

10.07.2007 17:26 Computers - Source: Forbes

Shares of Chinese online gaming and software company CDC Corp. rose Tuesday after the company's software subsidiary, CDC Software, said it acquired PlanTec Ltd.

CDC shares added 22 cents, or 2.4 percent, to $9.33 in afternoon trading.

Terms of the purchase were not released.

PlanTec is a business intelligence and IT consulting service company based in Australia, CDC Software said. It has more than 30 employees in Brisbane and Sydney, the company said.

The deal fits with the plan of its Australia consulting services company, Praxa Australia, to grow in the country's IT market, CDC said. It also augments Praxa's place in the area's business intelligence and services market, the company said.

__________

Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.

Copyright 2007 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributed

  Add comment

Name: 
E-Mail: 
Comment: 
Enter code: 



« September 2008 »
MonTueWedThuFriSatSun
1234567
891011121314
15161718192021
22232425262728
2930     

Last added news

What Drivers Want From Dashboard Tech 15.07.2007 18:45

Clarification: STMicroelectronics Jobs 12.07.2007 17:26 In a July 10 story about manufacturing plant closings in Texas, Arizona and Morocco by Swiss chip maker STMicroelectronics NV, The Associated Press reported that the company was cutting 4,000 jobs.

Sector Snap: Cell Phone Makers 12.07.2007 17:26 Motorola Inc.'s second-quarter warning barely nudged the cell phone maker's shares Thursday, though rivals such as Nokia Corp. climbed along with the broader market. Sony Ericsson, a joint venture between Sweden's LM Ericsson and Japan's Sony Corp.

S&P May Cut Motorola's Long-Term Ratings 12.07.2007 15:39 Standard & Poor's Ratings Services said Thursday it may cut Motorola Inc.'s long-term ratings, after the company warned that its cell phone unit will be unprofitable until at least 2008.

Manager Works on RS Fund Turnaround 12.07.2007 15:38 It's early yet, but it looks like RS Core Equity Fund may be Mani Govil's second turnaround of a mutual fund.

Regulators OK Palm Private Equity Stake 12.07.2007 15:38 Federal antitrust regulators approved private equity firm Elevation Partners LP's $325 million purchase of a 25 percent stake in smart-phone manufacturer Palm Inc., without imposing any conditions. The deal was announced last month.

Microsoft, AQuantive Cleared in Germany 12.07.2007 15:38 Microsoft Corp. and aQuantive Inc. gained antitrust clearance from the German Federal Cartel Office regarding Microsoft's purchase of the online advertising company, according to a filing with the Securities and Exchange Commission.

Sify to Work With Microsoft India 12.07.2007 13:50 Indian Internet services provider Sify Ltd. said Thursday it will work with Microsoft Corp. to help Indians gain access to the Internet and IT services, by offering cyber cafe subscribers the use of licensed Microsoft Office software.

Nortel, T-Mobile Extend Contract 12.07.2007 13:50 Nortel Networks Corp. on Thursday said it signed a $150 million multiyear extension to a contract to provide T-Mobile USA Inc. with mobile voice and data services.

Cirrus to Buy Apex Micro for $42 Million 12.07.2007 13:49 Cirrus Logic Inc., a maker of analog and mixed-signal integrated circuits, said Thursday it agreed to acquire fellow chipmaker Apex Microtechnology for $42 million in cash. The company expects the acquisition to grow earnings in the fiscal third quarter of 2008. Apex, based in Tucson, Ariz.

All news | News archive | RSS feed

Home    |    Add your site    |    Member login    |    Lost id    |    Contact Us    |    Help   |    Advertise    |    Privacy Policy

© Top100biz Inc., 2004-2005. This site is powered by AlphaStoreDesign.com