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eneral Motors Corp. and its Shanghai General Motors joint venture today signed a multi-year agreement worth more than $800 million to export U.S.-built Buick Enclave premium crossover sport utility vehicles along with other vehicles and components to China beginning in 2008.
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Sprint Nextel (NYSE: S) and Clearwire (NASDAQ: CLWR) plan to jointly construct the first nationwide mobile broadband network using WiMAX technology, and promote the global development of WiMAX-based services.
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Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has won its largest ever offshore marine order, worth £ 83 million.
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Joost™, the world's first broadcast-quality Internet television service, has signed with Creative Artists Agency (CAA), the world's leading talent and literary agency. CAA will assist Joost in its efforts to secure the most compelling and entertaining content for distribution on the online entertainment platform.
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Cisco and Nokia Siemens Networks entered into an agreement to develop a standards-based telecommunications network management platform that will help service providers manage the increasing complexity of their networks and speed time to market of new services.
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Nokia has signed a strategic partnership agreement with China Postel Mobile Communication Equipment Co., Ltd. (China Postel) of China P&T Appliances - bolstering the strong existing relationship between the two companies. China Postel is expected to purchase mobile devices from Nokia to the value of approximately USD 2.5 billion in 2007.
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Update 1: WSJ reports Saturday that the deal is down.
Microsoft Corporation, a multinational computer technology corporation asked Yahoo! Inc., a global Internet services company, to re-enter formal negotiations for an acquisition that could be worth $50 billion, the New York Post reported on Friday.
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Dyne Techservices Inc., a Silicon Valley Software Services company (a wholly owned subsidiary of Paradyne Infotech Limited) has signed a stock purchase agreement with Links Group International Inc. to acquire 100% stake in LGI Inc.
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AB Volvo's Board of Directors has decided to make a public offer to acquire the Japanese truck manufacturer Nissan Diesel.
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Sun Microsystems Inc. and Intel Corp. are close to an agreement where Sun would buy Intel chips to use in its server systems, the Wall Street Journal reported in its online edition on Sunday.
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General Electric Company said on Thursday it will buy the in-vitro diagnostics unit and its Point-of-Care diagnostics unit from Abbott Laboratories Inc. GE would buy the two units for $8.1 billion cash.
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Bay Inc. has agreed to buy sports ticket reseller StubHub Inc. for $310 million (€238.7 million) in cash, further expanding the Internet auctioneer's electronic bazaar. Both companies confirmed Wednesday that the deal was imminent.
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