News: Mergers & Acquisitions

• Satyam tries to reassure customers, investors
  John Ribeiro
  Jan 08 2009
  Categories:
  • Mergers & Acquisitions

  Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures. The Indian outsourcer is ...

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• Dell to move manufacturing, lay off 1,900 in Ireland
  Jeremy Kirk
  Jan 08 2009
  Categories:
  • Mergers & Acquisitions

  Dell will move its European PC manufacturing operation from Ireland to Poland and lay off workers as it continues its belt-tightening restructuring plan, the company said on Thursday. About 1,900 ...

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• EMC to lay off 2,400
  Nancy Gohring
  Jan 07 2009
  Categories:
  • Mergers & Acquisitions

  Despite expecting to meet revenue estimates for its fourth quarter, EMC said on Wednesday that it is instituting a restructuring program that includes laying off 2,400 people. The restructuring is ...

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• Lenovo to lay off 2,500 staff, cut management pay
  Sumner Lemon
  Jan 07 2009
  Categories:
  • Mergers & Acquisitions

  Amid growing fears that many countries face a long and painful economic recession, Lenovo plans to lay off 2,500 workers, cut the salaries of its executives and restructure its Asian operations in ...

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• OLPC aims for free laptop, lays off staff
  Agam Shah
  Jan 07 2009
  Categories:
  • Mergers & Acquisitions

  One Laptop Per Child on Wednesday said it wants to make its XO laptop free in developing countries to mobilize adoption, on the same day it laid off half its staff. "OLPC will be dedicated to ...

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• Mouse-maker Logitech to cut 525 salaried employees
  Jeremy Kirk
  Jan 06 2009
  Categories:
  • Mergers & Acquisitions

  Logitech will cut 15 percent of its salaried employees as it expects weaker consumer demand for computer peripherals, it said Tuesday, just a month after shipping its billionth mouse. The company ...

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• Taiwan asks Powerchip to resubmit bailout proposal
  Dan Nystedt
  Dec 30 2008
  Categories:
  • Mergers & Acquisitions

  The Taiwan government rejected an application for aid by its largest DRAM chip maker on Tuesday, saying the company needed to submit a new proposal more in line with the government's ...

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• Stimulus could boost IT job prospects
  Patrick Thibodeau
  Dec 28 2008
  Categories:
  • Mergers & Acquisitions

  The outlook for IT jobs in 2009 may not be as bad as some observers suggest. While some indicators and surveys are showing some declines in tech jobs, none predict a precipitous drop. In fact, a ...

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• Elpida and Taiwanese DRAM makers in tie-up talks
  Martyn Williams
  Dec 26 2008
  Categories:
  • Mergers & Acquisitions

  Hit by an industry-wide downturn that means they lose money on every chip they make, three Asian DRAM (dynamic RAM) makers have begun talks on bringing their companies together under a single ...

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• Alcatel-Lucent cuts jobs, focuses attention on three sectors
  Tim Greene
  Dec 12 2008
  Categories:
  • Mergers & Acquisitions

  Alcatel-Lucent is naming enterprises as one of three markets it will focus on as it lays off 1,000 more workers and makes cuts in other areas in an attempt to turn the company around. Enterprise and ...

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