Norway’s second largest broadband supplier, NextGenTel, has bought the broadband and VOIP business of Tele2 Norway.
The deal will strengthen NextGenTel’s position in the Norwegian market by adding 97,000 broadband subscriptions – of these 23,000 are VOIP subscriptions.
NetApp announced this week that it has agreed to buy data backup and disaster recovery systems provider Data Domain Inc. for USD $25 per share in cash and stock, or about USD $1.5 billion.
The data storage company said it will operate Data Domain as a product line.
Western Digital has completed a USD $65 million cash acquisition of leading solid-state drives supplier, SiliconSystems.
SiliconSystems’ product portfolio includes solid-state drives with SATA, EIDE, PC Card, USB and CF interfaces in 2.5-inch, 1.8-inch, CF and other form factors.
UK-based Vodafone is to acquire Swedish firm Wayfinder for USD $29.4 million-
The move is being seen as a bid by Vodafone to boost its location-based services (LBS) offering and drive mobile data growth.
Wayfinder’s services are available in 19 languages to a global user base of more than 2 million.
IBM is to to buy Transitive in an acquisition intended to help its customers cut costs.
Once the deal is completed, IBM is expected to move the virtualization software company’s California personnel to one of IBM’s local sites.
Research and development staff located in Manchester, UK, will remain at their current facilities.