Industry reacts to Tech Pacific buy
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Resellers may feel the Ingram Micro acquisition of Tech Pacific in the pocket as their credit lines could be cut in half once the two firms join.
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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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Australia's Qantas Airways  has received a buyout offer from investment firms Macquarie Bank  and Texas Pacific Group that could be worth more than A$10 billion ($7.77 billion), sending its shares up 15 percent.
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The strong appetite by private equity  firms for technology deals shows buyouts in that sector are  only going to continue -- with the focus on semiconductors and  software.
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Should investors jump in or wait a bit on this maker of a robotic catheter system?
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Ingram Micro, a worldwide distributor of computer products, will acquire Tech Pacific for $493 million in cash, including debt. Ingram expects the deal to close by the end of 2004 and expects it to be accretive
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PEC Solutions Inc. said yesterday it had acquired AC Technologies Inc. for $46.7 million in cash plus $3 million in employee bonuses and payouts. Both companies are government contractors based in Fairfax.
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Private-equity giants Kohlberg Kravis Roberts & Company and the Texas Pacific Group are near a deal to acquire the TXU Corporation.
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Pacific Century Cyberworks (PCCW) is giving its budding UK wireless broadband business a multi-million-pound boost, days after doubts emerged over its long-term plans for the service.
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Ingram Micro Inc. (IM.N: Quote, Profile, Research) , the world&#39;s largest computer products distributor, on Monday said it would acquire Australia-based Tech Pacific for $493 million in cash, including debt.
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SAN FRANCISCO - It&#39;s been a tough recession for tech spending and a tough summer for tech stocks. But a Texas software outfit might give investors a reason to get back in the market.
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IBM's decision to sell its PC division to a China-based company prompted a range of reactions today from technology users, from disappointment to a belief that the move reflects the times and the impact of globalization.
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Possible deal revives debate over whether tech firm will reinvent itself or become a target.
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The CAPS community loves this technology stock.
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American Oriental Bioengineering makes an acquisition.
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Shares in LG.Philips LCD Co Ltd  surged on Friday on market talk Japan's Matsushita Electric Industrial was buying a stake in the South Korean flat screen maker, but both firms poured cold water on the talk.
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Technology markets rallied Wednesday. They were boosted by soaring Internet stocks on news that Cendant plans to buy Orbitz and by investors looking for general bargains in the recently battered sector.