News (118)

  • Unwired advises thumbs-up to Seven buyout bid

    WiMax-friendly ISP Unwired has sent a letter to shareholders advising they accept broadcaster Seven's up to AU$127 million takeover bid for the company.

  • Seven finishing Unwired review

    Broadcaster the Seven Network today said it was nearing the end of a review of the technical capabilities of the WiMax network it picked up with its recent acquisition of local wireless internet service provider Unwired.

  • Seven makes AU$127m bid for Unwired

    Broadcaster Seven Network has made an off-market cash bid of up to AU$127 million to acquire Unwired in a move designed to guarantee access to a national wireless network.

  • Seven finally swallows Unwired

    Broadcaster Seven has secured over 90 percent ownership of WiMAX spectrum holder Unwired, and will now proceed to compulsorily acquire the remaining shares in the company.

  • Yahoo7 takes aim at ninemsn

    Australia's most popular Web site, ninemsn, will face a "new" competitor in the form of Yahoo7, a joint venture between the Seven Network and Yahoo Australia and New Zealand.

  • Red Hat buys virtualisation firm

    Linux vendor Red Hat has bought its way further into the virtualisation market, to compete against VMware, Citrix and Microsoft, with a US$107 million purchase of Qumranet.

  • EDS to take last crack at AU$1bn ATO mega deal

    The Australian Tax Office is preparing to put the last and largest of its IT outsourcing contracts centralised computing up for grabs, worth around AU$160 million per year. This is EDS's last chance to retain work with the ATO and possibly its first bid since its proposed acquisition by HP.

  • Will NineMSN or Yahoo7 be Australia's biggest loser?

    If Microsoft acquires Yahoo, the deal may leave the pair's joint venture partnerships with PBL Network and the Seven Network on shaky ground.

  • iSoft u-turn on IBA bid

    Medical software company iSoft has u-turned on a takeover bid from the Australian group IBA, and is now recommending a 160 million pound offer from Germany's CompuGroup.

  • Disney buys Pixar for US$7.4 billion

    Disney announced on Tuesday that it's paying US$7.4 billion in stock to acquire Pixar Animation Studios -- a deal that puts Apple Computer CEO Steve Jobs on Disney's board of directors.

  • Primus buys AOL7

    The Virginia, US-based Primus Telecom Group announced today its pending acquisition of Internet Service Provider AOL|7, expanding the group's customer base to nearly half-million strong.

  • Beseiged PeopleSoft suffers exodus of execs

    An executive exodus at PeopleSoft has some outside experts worried that Oracle's hostile buyout bid, coupled with a difficult sales climate, has taken a bigger toll than the software maker is letting on.

  • Commander can't sell iBurst

    Five months after besieged ICT services outfit Commander announced its turnaround plan, the company still hasn't found a buyer for its iBurst/Personal Broadband Australia wireless internet service provider, and one analyst believes it won't.

  • CSG snaps up Commander contracts

    Listed IT services company CSG has snapped up the Infrastructure managed services arm of Commander via an agreement with the collapsed companys receivers, McGrathNicol.

  • Realestate closes in on new CEO

    Web property specialist REA Group today said the search to replace its outgoing CEO Simon Baker was in its final stages.

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