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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BT Group PLC said Monday it is buying U.S.-based Infonet Services Corp., in a deal that values the company at &#36;965 million.
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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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Business software company Oracle Corp   said it agreed to buy Netsure Telecom Ltd, a maker of  network related software, for an undisclosed sum.
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The company&#39;s sixth buy this year is meant to aid service providers in controlling and managing Internet-based networks, such as VoIP and interactive gaming.
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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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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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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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British Telecom (BT) said it has signed an agreement to acquire Infonet, a leading provider of IT and telecom services, for a consideration of $865 million.
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BAE Systems, Europeâs biggest defence firm, yesterday announced the planned $600 million (Â£334m) takeover of a leading US supplier of secure computer networks to the Pentagon.
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International Business Machines Corp. said Monday it agreed to buy software provider Telelogic AB for $745 million in cash, a bid the Swedish company's board unanimously recommended.
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BAE Systems North America announced a deal Saturday to acquire Herndon-based DigitalNet Holdings Inc. for $595 million in cash, pushing it further into the growing government information technology market.
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Novar, the UK building supplies group, is today expected to announce that it has agreed to be acquired by the US industrial giant Honeywell in a cash deal worth more than Â£800m.
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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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BT Group will buy California-based Infonet Services Corp for $965 million in cash to expand in the United States and Asia, the UK&#39;s dominant fixed-line company said on Monday.
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LONDON : Britain&#39;s BAE Systems said it had agreed to buy DigitalNet Holdings Inc, a provider of computer networks for the US government, for 600 million dollars (489 million euros) in cash.
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Cable and Wireless, the British telecoms group, said it had agreed to sell its Japanese unit to Internet service provider Softbank Corp for about 133 million dollars (104 million euros) including debt.