VSNL Buys Tyco&#39;s Subsea Network
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The purchase makes it one of the top three leading players in the international undersea capacity business, alongside Global Crossing Holdings Ltd.
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Ciena has agreed to acquire World Wide Packets in a deal, valued at about $290 million, that will bring together two players in the growing carrier Ethernet market.
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The technology integration company will buy Novasoft for &#36;79.5 million in cash and stock.
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IBM , the world's largest  information technology company, on Thursday said it agreed to  buy FileNet  for $1.6 billion, its third  software-related purchase announcement in a week.
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RealNetworks has agreed to buy a South Korean maker of software for selling music and ring tones on mobile phones for $350 million.
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A newly formed company said it plans to buy Miami Beach-based LNR Property Corp. (NYSE: LNR) for $63.10 a share in cash, or about $3.
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Transocean Inc. , the world's largest offshore driller, said on Monday it would buy smaller rival GlobalSantaFe Corp. , creating a $53 billion company with a global reach and presence in ultra-deepwater and deepwater drilling.
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Tyco International said yesterday that it would sell its undersea cable business to the Indian telecommunications company Videsh Sanchar Nigam for $130 million, giving the company a significant
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A Canadian steel maker, Ipsco, said it was buying the NS Group, a maker of steel pipes and tubes used in oil fields, for about $1.46 billion. The deal will be used to broaden IpscoÂs sales to the energy industry, the chief executive, David Sutherland, said. ÂThis is a transaction thatÂs all about growth, and if anything, what we will see over the next three years is a growth in the output of all of their facilities, as well as the continuing demand on our own,Â Mr. Sutherland said in a conference call. Ipsco agreed to pay $66 a share for the NS Group, which was a 43 percent premium to its closing price on Friday. After the transaction is complete, the new company is expected to have combined annual revenue of more than $4 billion. Ipsco, which is based in Regina, Saskatchewan, and has executive offices in Leslie, Ill., operates three steel mills and six pipe mills in the United States and Canada. The NS Group is based in Newport, Ky.
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Battery maker Rayovac Corp. ROV.N is  close to a deal to acquire privately held United Industries  Corp., a maker of lawn and garden products, for about $500  million in cash and stock in a bid to diversify its product  mix, sources close to the situation said on Monday.
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RealNetworks Inc.  on Tuesday said it  agreed to acquire South Korea-based mobile music services  provider WiderThan Co. Ltd.  in a cash tender offer for  $17.05 a share, or about $350 million.
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An Australian-led consortium said it would buy the broadcast business of communications and entertainment group ntl Inc for 1.27 billion pounds.
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International Business Machines Corp.  said on Tuesday that it agreed to buy privately held software maker Vallent Corp. to boost its line of software offerings.
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Britain&#39;s largest cable company, NTL, is to sell its network of communication masts and towers in a deal worth almost Â£1.3bn, it was announced today.
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Transocean Inc. , the world's largest offshore driller, said on Monday it would buy GlobalSantaFe Corp.  for nearly $18 billion, adding shallow-water drilling rigs to its deepwater fleet.
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CALGARY (CP) - TransCanada Corp., one of Canada&#39;s biggest pipeline and power generation companies, has struck a deal worth $641 million to buy 41 hydroelectric generating stations from insolvent American power producer USGen New England Inc.
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Internet investor Softbank Corp. took another step Tuesday toward its goal of being a comprehensive Japanese telecommunications provider, by agreeing to purchase Cable &amp; Wireless IDC.