IBM-Led Group to Invest $2.5 Bln in Upstate N.Y.
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Gov. George Pataki of New York is set  to unveil on Wednesday plans to boost the economy of the Hudson  River Valley with more than $2.5 billion in high-tech  investments from an IBM-led group, the plan's backers said.
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IBM (IBM.N: Quote, Profile, Research) is reportedly in talks to sell its personal computer business in a deal that could be worth up to $2 billion and would cap a
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Nuveen Investments Inc. , a  money manager with clients including institutional and wealthy  investors, on Wednesday said it agreed to be acquired by an  investor group led by private equity firm Madison Dearborn  Partners LLC for about $5.75 billion in cash.
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International Business Machines Corp.  IBM.N has put its personal computing business up for sale in  a deal that could be worth as much as $2 billion, the New York  Times reported on Friday.
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IBM announced Wednesday that it has acquired NovusCG, a privately held company that was founded in 2000 and has about 100 employees. Novus specializes in business intelligence and storage analytics.
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IBM planned to announce yesterday that it will invest US$250 million over the next five years and employ 1,000 people in a new business unit to support products and services related to sensor networks.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment fund.
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Hong Kong, December 7: China&#39;s largest personal computer maker, Lenovo Group Ltd, could announce as early as Tuesday that it is buying control of IBM&#39;s PC-making business for up to US$2 billion, a source familiar with the situation said.
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IBM (NYSE: IBM) today announced that it repurchased $12.5 billion of its  outstanding common stock through accelerated share repurchase agreements.
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Credit Suisse Group, Switzerland's second-largest bank, said Tuesday it will combine its U.S.-based Credit Suisse First Boston investment unit with its retail and private banking business within two years.
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A $2 billion investment will help keep Countrywide chugging along.
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Tata group chairman Ratan Tata today said he would visit Bangladesh next month to discuss with government representatives the groupâs plan to invest $2 billion to set up steel, power and fertiliser plants in the country.
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China Power International Development Ltd., a unit of China&#39;s fifth-biggest electricity generator, plans to raise as much as HK$2.
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InfoWorld - Cognos executives first approached IBM in the months leading up toÂ IBM's pending $5 billion deal to buy the company, not the other way around, according to a document Cognos submitted Friday to the U.S. Securities and Exchange Commission.
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A private equity consortium plans to make a $5.5 billion bid for the worldÂs biggest microchip packaging firm, Advanced Semiconductor Engineering.
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Cognos executives first approached IBM in the months leading up to&#160;IBM&#39;s pending $5 billion deal to buy the company, not the other way around, according to a document Cognos submitted Friday to the U.S. Securities and Exchange Commission.
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By Daily Record Staff  NexTone Communications, of Gaithersburg, a provider of advanced telecommunications network systems, said it received a $25 million investment from Columbia Partners Private Capital, of Washington, D.C.