Black Box acquires privately held Quanta Systems from CompuDyneOctober 5th, 2009 Black Box buys Quanta SystemsCommunications equipment company Black Box Corp. said Monday that it bought privately held Quanta Systems LLC.
Boeing gets $26.2 million Air Force deal for spare parts for C-17 aircraftSeptember 30th, 2009 Boeing gets $26.2M Air Force dealWASHINGTON — Boeing Co.'s McDonnell Douglas received a $26.2 million contract boost from the Air Force to buy spare parts for the C-17 aircraft, the Pentagon said late Wednesday. Shares of the Chicago-based company fell 5 cents to $54.10 in after-hours trading, after falling 47 cents to close at $54.15.
Israeli leader says Iran could provide terrorists with a 'nuclear umbrella'September 23rd, 2009 Netanyahu: Iran could give terror nuclear umbrellaNEW YORK — Israeli Prime Minister Benjamin Netanyahu says that if Iran acquires nuclear weapons it could "bring terrorism beyond our wildest dreams."
Netanyahu said Wednesday morning in an interview on NBC's "Today" that if the U.N. Security Council doesn't act against Iran's nuclear program, then leading nations could put pressure on Tehran "especially when it comes to imported petroleum products."
Netanyahu called Iran "the major terrorist-sponsoring state of our time.
Fortis acquires 10 Wockhardt hospitalsAugust 24th, 2009 Indo-ASIAN NEWS SERVICE
NEW DELHI - Super-speciality hospital group Fortis has acquired 10 hospitals from Wockhardt for Rs.909 crore, the company said Monday. With this acquisition, the Delhi-based Fortis will add 1,902 beds, including 534 beds in the two ongoing greenfield projects of Wockhardt in Bangalore and Kolkata, taking its total capacity to 5,202 beds in 38 hospitals.
Continental to take $31M charge against value of 737s; expects total 2Q charges of $44 millionJuly 14th, 2009 Continental to book $44 million in 2Q chargesHOUSTON — Continental Airlines Inc. says it will record a $31 million charge against the value of its Boeing 737s in its fiscal second-quarter results because of the falling market value of those planes.
British firm acquires 50 percent stake in EducompJune 24th, 2009 NEW DELHI - Pearson, a Britain-headquartered education and information company, will acquire 50 percent stake in Indian education resource provider Educomp Solutions for $17.5 million as part of an agreement signed between them Wednesday. The two companies will offer skills training as part of the agreement, a joint statement from the companies said.
Telenor acquires 49 percent stake in Unitech WirelessMay 20th, 2009 MUMBAI - Norway's Telenor has acquired another 15.5 percent stake in Unitech Wireless, the telecom arm of realty major Unitech, for Rs.1,130 crore (Rs.11.3 billion/$237 million), taking its shareholding in the Indian company to 49 percent, it was announced Wednesday. 'Unitech Wireless on May 19, 2009, received an amount of Rs.1,130 crore in aggregate from Telenor Asia Pte Ltd for acquisition of further 15.5 percent stake in Unitech Wireless by way of issuance of fresh shares,' the Indian telecom operator said in a regulatory statement.
TiE50 selects PlaySpan as award winner at TiECon2009 ConferenceMay 16th, 2009 MUMBAI - PlaySpanT, the leader in monetization solutions for online games, virtual worlds, and social networks, today announced that the company has been awarded a TiE50 Winner, a leader in innovation, ingenuity, and management excellence. The TiE50 award is presented by TiE at TiECon2009 to the top 50 start-ups from close to 1,200 nominees.
PlaySpan Founder and CEO Karl Mehta named Ernst and Young Entrepreneur of the Year 2009 Award finalistMay 11th, 2009 MUMBAI - PlaySpanT, the leader in monetization solutions for online games, virtual worlds, and social networks, today announced that Founder and CEO Karl Mehta is a finalist for the Ernst and Young Entrepreneur of the Year 2009 Award in the Northern California. According to Ernst and Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance, and personal commitment to their businesses and communities.
PlaySpan named Gaming Category Winner at 2009 OnHollywood 100 ConferenceMay 2nd, 2009 MUMBAI - PlaySpan, the leader in monetization solutions for online games, social networks, and virtual worlds, today announced that it has been selected as the Category Winner among this years OnHollywood 100 list of companies within the gaming category. PlaySpan was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction.
PlaySpan reports findings from new consumer insights survey on retail game cardsMarch 21st, 2009 MUMBAI - PlaySpan, the leader in monetization solutions for online games, virtual worlds, and social networks, today announced several key findings in a new consumer insights survey from users of its Ultimate Game Card (UGC) payment option. The Ultimate Game CardT is a stored value card that supports more than 300 multiplayer games and virtual worlds, with current availability in more than 21,000 retail stores in the U.S.
PlaySpan publishes downloadable report on Microtransactions, Virtual World EconomiesMarch 12th, 2009 MUMBAI - PlaySpan, the leader in monetization solutions for online games, virtual worlds, and social networks, today announced the publication of a free downloadable report that addresses market opportunities for developers and publishers to optimize revenue streams by including integrated microtransactions and pay-as-you-go revenue models. The report can be found at http://corp.playspan.com/pressroom.html.
GMR Energy acquires 33 percent stake in Canadian companyFebruary 25th, 2009 NEW DELHI - GMR Energy Ltd has acquired 33.5 percent stake in Canada-based Homeland Energy Group (HEG), it was announced Tuesday. HEG has strategic interests in coal projects in South Africa and other parts of the world.
Spice Group acquires Indian subsidiary of Dubai's CellucomFebruary 1st, 2009 NEW DELHI - The B.K. Modi-promoted Spice Group has fully acquired the Indian subsidiary of Dubai-based mobile handset retailer Cellucom.
Tata Com acquires 30 percent stake in South African firmJanuary 18th, 2009 NEW DELHI - Telecom operator Tata Communications has acquired a 30 percent stake in Neotel, a South Africa-based operator, the Indian firm said Monday. Tata Communications picked up the stake from two other operators, Eskom and Transnet.