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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Honeywell International Inc., the aerospace and high-tech manufacturer, is offering about 900 million pounds ($1.7 billion) to buy British industrial holding company Novar PLC and Novar&#39;s board is backing the offer, the two companies said Monday.
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Honeywell International Inc., the world&#39;s largest supplier of building controls and thermostats, agreed to buy Novar Plc of the UK for 798 million pounds ($1.53 billion) to expand in security, fire and ventilation systems.
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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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In a move to strengthen its position as a global provider of IT and networking services, BT Group PLC has agreed to buy U.S.-based Infonet Services Corp., the companies announced Monday.
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The European Commission Friday approved the planned sale of AOL LLC's U.K. Internet access business to Carphone Warehouse Group PLC (CPW) of the U.K. The deal follows recent similar sell-offs in Germany and France.
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Cable &amp; Wireless has agreed to sell its Japanese unit to Softbank for 72.4 million pounds. The deal, under which the Japanese Internet communications company will assume debt worth 9.5 million
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BT Group Plc, the UK&#39;s largest phone company, plans to buy Infonet Services Corp. for $965 million to add a data network spanning more than 180 countries.
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IBM has signed a seven-year, $969.2  million contract with British bank Lloyds TSB to supply it with  Internet telephony and data services, IBM said on Monday.
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Telecommunications service provider signs deal to take over Infonet for $965 million.
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Britain's BT Group Plc  is hoping to make a dramatic return to the United States with a &#36;1 billion acquisition of Californian telecoms group Infonet Services Corp. , the Sunday Times newspaper reported.
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LONDON : 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.
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The Thomson Corp. of Stamford, Conn., will acquire KnowledgeNet Inc., a privately held live e-learning company, and merge it with its enterprise learning business, Thomson NETg.
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The maker of cable for communications companies has agreed to buy the Andrew Corporation for about $2.6 billion to bolster sales to mobile phone and wireless Internet companies.
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Eyes up EMEA market Electronics distie Avnet said today that it will acquire the IT solutions arm of Storage Area Networking (SAN) reseller Acal plc for a cash consideration of Â£41m.â¦
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Thomson Corp. has signed a definitive agreement to buy closely held online learning provider KnowledgeNet Inc., the electronic publisher said yesterday.
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BERLIN: BT Group Plc, Britain&#39;s largest phone company, plans to buy Infonet Services Corp. for US$965mil to add a data network spanning more than 180 countries.