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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British defense firm BAE Systems has agreed to pay $600 million (333.7 million pounds) for DigitalNet Holdings, a maker of secure Pentagon computer networks, the companies say in a weekend statement.
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An investment group is expected to announce Monday that it has struck a deal to buy British water utility AWG PLC  for about $4.12 billion (2.2 billion pounds, a source familiar with the situation told Reuters on Sunday.
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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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TOKYO - Softbank Corp said Tuesday it has decided to purchase Cable &amp; Wireless IDC Inc from its British parent Cable &amp; Wireless PLC in a bid to expand its telecom business.
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British defense contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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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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British telecommunications company Cable &amp; Wireless PLC is selling its Japanese business to Tokyo-based broadband services provider Softbank Corp. for 12.3 billion yen (&#36;115 million).
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Diversified U.S. manufacturer Honeywell has agreed to buy Novar Plc, a British industrial holding company, for 798 million pounds (&#36;1.53 billion), a source familiar with the situation said on Sunday.
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Computer Associates International will acquire identity management software supplier Netegrity in an all-cash transaction valued at $430m (Â£241m).
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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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Charterhouse Capital Partners LLP, a London-based buyout firm, agreed to buy UK vacation and insurance company Saga Ltd. for 1.35 billion pounds ($2.
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Japanese communications firm Softbank is to buy the Japanese unit of Cable &amp; Wireless for $132 million (72 million pounds), making it the No
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BT Group Plc will buy Infonet Services  Corp for $965 million in cash, giving Britain's top fixed-line  telecoms company 1,800 multinational corporate clients and an  expanded presence in the United States and Asia.
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(InfoWorld) - U.K. telecommunications carrier BT Group plans to extend its enterprise services offering in the U.S. with the acquisition of International Network Services. The Santa Clara, California, company's services include information risk management and infrastructure transformation, and consulting on business productivity and on enterprise architecture and governance. The acquisition will add 900 staff to the 7,000 already working in BT's global professional services units. INS will become a wholly owned subsidiary of BT, part of its Global Services division, as a result of the acquisition. Its CEO, David Butze, will report jointly to Chuck Pol, president of BT Americas, and to Gary Bullard, president of BT Global Business and Services. BT will pay just over Â£100 million ($196 million) for the company, and expects the deal to close in a few weeks, a spokesman said. INS' last audited accounts, in September 2005, reported gross assets of $49.7 million. In October,Â BT bought another California company, U.S. consultancy Counterpane Internet SecurityÂ for a price it said was in the "tens of millions of dollars." Counterpane, with a staff of 75, monitors and protects the networks of around 550 companies.
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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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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.