UK company to buy Infonet for $965M
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London-based BT Group PLC said Monday it will strengthen its presence in North America and Asia by buying Infonet Services Corp., an international managed voice and data network services provider, for $965 million.
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Britain&#39;s BT Group Plc (BT.L: Quote, Profile, Research) is hoping to make a dramatic return to the United States with a $1 billion acquisition of Californian telecoms group Infonet Services Corp.
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SMITHS Group, the aerospace to medical products conglomerate, today announced plans to buy United States medical devices maker Medex for around Â£475 million.
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UK aerospace to medical goods group Smiths buys one of the world's leading medical products manufacturers, Medex, for $925m.
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BAE Systems plc has announced that its wholly-owned US subsidiary, BAE Systems North America, has entered into a definitive merger agreement to acquire DigitalNet Holdings Inc.
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Smiths, the aerospace and defence group, is to snap up one of the world&#39;s leading medical device companies in a $925 million (Â£476 million) deal, it confirmed today.
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LONDON: Britainâs BT Group is hoping to make a dramatic return to the US with a $1bn acquisition of Californian telecoms group Infonet Services, the Sunday Times reported.
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BT Group confirmed this morning it is to buy the Californian telecoms group Infonet Services Corp for Â£965 million. The news followed reports which said that the UK telecoms
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The company on Tuesday announced that it&#39;s acquiring privately held security equipment maker Net6 for $50 million in cash. The acquisition, which is expected to close in the fourth quarter of 2004, will thrust
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BT Group is poised for a surprise return to the US market with a planned $1bn acquisition of Infonet Services, a California-based telecoms service provider.
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NEW YORK (CBS.MW) -- Shares of DigitalNet Holdings (DNET) soared $6.24, or 26.5 percent to $29.80 in early trading Monday after it agreed to be acquired by UK group BAE Systems for around $600 million, including the assumption of $93.
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BT grows global presence but shares fall as investors doubt former monopoly can play in US market. LONDON  - BT Group PLC will buy Infonet Services Corp.
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BAE Systems, the UK&#39;s largest defence contractor, has expanded further in the United States with the $600m (Â£489m) acquisition of DigitalNet Holdings, a leading IT supplier to the Pentagon.
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BT moved to bolster its position in the global market for providing communications services to multinational corporations yesterday with the $965m (Â£376m) acquisition of loss-making California telecoms group Infonet.
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Ziff Davis - Industry analysts say there are many pluses to BT buying Infonet Services, including giving BT more resources to be a more effective global networking player.
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Africa's largest media firm,  Naspers Ltd (NPNJn.J), said on Tuesday it would buy UK Internet  auction firm Tradus  for 946 million pounds ($1.90  billion) to extend its reach into central and eastern Europe.
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Business software company Oracle Corp   said it agreed to buy Netsure Telecom Ltd, a maker of  network related software, for an undisclosed sum.