Adobe to buy Omniture for $1.8 billion
BOSTON/SEATTLE (Reuters) – Adobe Systems Inc plans to pay $1.8 billion for fast-growing business software maker Omniture Inc as the maker of Photoshop and Acrobat looks to turn around declining sales.
Adobe, which announced the deal on Tuesday as it reported lower quarterly sales and profit, has been struggling over the past year as the recession [...]
Kraft plays down talk of higher Cadbury bid
NEW YORK (Reuters) – Kraft (KFT.N) played down speculation on Tuesday that it would be prepared to raise its offer for Cadbury PLC (CBRY.L), after the British chocolate company rejected its 10.2 billion pound ($16.7 billion) offer.
Cadbury shares have climbed 38 percent in the past two days on talk that the American packaged food company [...]
EBay's Skype Sale Looks Like a Win-Win
EBay Chief Executive Officer John Donahoe says there’s no downside to his company’s plan to sell most of its Skype division. “EBay was able to have its cake and eat it, too,” he says.
So far, he’s not getting much argument. In a deal announced Sept. 1, eBay (EBAY) will sell a controlling share of the [...]
Disney to acquire Marvel in $4 billion deal
NEW YORK/LOS ANGELES (Reuters) – Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the year’s biggest media deal, banking on Marvel’s pantheon of superheroes to broaden its lineup of movie franchises that appeal to boys.
Disney adds Spider Man, Iron Man and Thor to its roster of classic characters [...]