Focus Softnet Signs Capital Group As Bahrain Distributor
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By Middle East and North Africa Business Report, Amman, Jordan  Dec.
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The Carlyle Group, a Washington-based private equity firm, said today that it has agreed to acquire Annapolis-based ARINC Incorporated, a provider of communicaitons for transportation systems.
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The Network Centric Operations Industry Consortium (NCOIC) formally introduced itself this week at a Tuesday (Sept. 28) press conference in Washington, DC The new group, consisting initially of 28 companies
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Early yesterday evening, Biogen IDEC (Nasdaq: BIIB) and Elan (NYSE: ELN) announced that Tysabri had been approved by the FDA for the treatment of multiple sclerosis (MS).
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Denmark&#39;s biggest financial group, Danske Bank, has agreed to purchase Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from National Australia Bank for Â£967 million.
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New Delhi: Research firm Gartner Inc today said it will acquire IT consultancy firm Meta Group Inc in a $162 million all-cash deal.
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SINGAPORE : CapitaLand Ltd said Thursday it is investing S$196 million in a portfolio of Chinese shopping malls as it pushes ahead with its aggressive expansion in the country.
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NATCO International Inc. (OTCBB: NCII) today announced that it has retained Capital Group Communications, Inc. ("CGC"), for strategic investor and media relations services.
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The electronic payments company Authorize.Net Holdings Inc. will be acquired by a California competitor, CyberSource Corp. , in a $565 million deal that will result in the closing of Authorize.Net's headquarters in Marlborough and the loss of a dozen jobs.
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IRVINE, Calif. -- Gateway Inc., a struggling computer maker that has accepted a buyout offer from a Taiwan-based company, said Wednesday it will sell its professional business unit to MPC Corp. in a deal valued at about $90 million.
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GNC Corp. , the leading  retailer of vitamins and nutrition products, agreed to be  acquired by Ares Management LLC and the Ontario Teachers'  Pension Plan in a deal with a total enterprise value of $1.65  billion.
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National Australia Bank, which owns the Clydesdale, has sold its two Irish banks to Denmark&#39;s largest bank for Â£967m in cash, a move will give hope of fresh investment in the Australian group&#39;s beleaguered Scottish operation.
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Nokia, the world's largest mobile phone maker, said it would provide telecom network equipment to MTC in Bahrain with the aim of rolling out third generation 3G mobile services across the Gulf state by the end of 2004.
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com. In a new indication that the sale of US-built telecommunications infrastructure to foreign interests at fire-sale prices is continuing, Tyco International announced Monday that it is selling its Tyco Global Network to India&#39;s Tata Group.
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GNC Corp. , the leading retailer of vitamins and nutrition products, agreed to be acquired by Ares Management LLC and the Ontario Teachers' Pension Plan in a deal with a total enterprise value of $1.65 billion.
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The company said it is selling the unit to Standard Chartered for nearly $1.1 billion so it can focus on its core credit card business.
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(InfoWorld) - BMC Software is buying privately held ProactiveNet as a way to flesh out the analytics portion of its BSM (business service management) software. The systems management software vendor started talking about BSM several years ago, defining it as a set of products designed to help companies better tie IT services to their business objectives by automating management processes and workflows. Over time, BSM has become a key piece of BMC's business. The software company is set to announce its fourth-quarter results for fiscal 2007 after markets close on Tuesday afternoon. BMC announced its plan to buy ProactiveNet on Tuesday, but declined to provide any financial details about the deal. Pending ProactiveNet shareholder approval and other closing conditions, BMC hopes to complete the purchase within the next 30 days. The two companies already had a technology alliance in place. ProactiveNet's eponymous software allows customers to collect data from their IT systems, which is then analyzed and monitored to detect any unusual activity. The software can then alert IT staff to a potential problem as well as provide suggestions about how to fix the issue. ProactiveNet can also link service-level agreements and business metrics to the performance of IT systems in real-time. BMC believes the combination of ProactiveNet and its own performance transaction and event management software may prove timely. In the wake of much consolidation in that market segment, BMC thinks many customers may be re-evaluating their current vendor and ready to migrate to its offerings. BMC's prime competitors are CA,Â Hewlett-Packard, and IBM. Founded in 1997, ProactiveNet has its headquarters in Santa Clara, California, and employs over 120 staff in the U.S. and its offices in India and the U.K. The company's customers include ETrade, Hoover's Online, MoneyGram and McKesson. ProactiveNet has raised over $50 million in funding from a variety of venture capital companies and also counts Sun MicrosystemsÂ and Nissho Electronics as its corporate investors. BMC expects to take on all ProactiveNet staff. Â