Deals

Verizon Still Weighs Terremark Plans After Yahoo Deal

The fact that Verizon has the cash on-hand to make a $2.4 billion deal for its Verizon Telematics division to acquire transport management services provider Fleetmatics — as the corporation announced Monday morning — just one week after staking a $4.8 billion claim to the core services of Yahoo, suggests… Read More

Larry Ellison Accepts the Dare: Oracle Will Purchase NetSuite

“I started NetSuite. NetSuite was my idea,” famously stated Oracle’s founder and then-CEO Larry Ellison during a public appearance in 2012. Ellison was talking about one of the originators of SaaS service, for which he indeed was the initial backer, reportedly holding more than 40 percent of that company’s stock… Read More

Microsoft Still Mum on Huge New Iowa Project

Spokespersons from Microsoft have declined comment today on news that broke from the city of West Des Moines last week that the company would be building a tremendous new facility in the city. It may still be a secret in Redmond, but in Iowa, the governor has already rolled out… Read More

Verizon Acquires Yahoo for $4.83 Billion

Verizon Communications Inc. agreed to buy Yahoo! Inc.’s web assets for $4.83 billion, ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook Inc. Verizon will… Read More

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