The news comes after shares rose 2.9 percent to close at $207.39 in New York, propelling the consumer-technology giant’s market value to $1.002 trillion.
BlackBerry Limited has recently reported its financial results for the three months ended May 30, 2015.
Twitter on Monday increased the price of shares in its initial public offering to a range of US$23 to $25 per share and also revealed that IBM has claimed the company has infringed on several patents.
Icahn on Monday urged Dell’s board not to support the proposed shareholder vote change as it could disenfranchise voters.
Michael Dell and Silver Lake’s decision to raise the offer to take Dell private is a concession that rival Carl Icahn and affiliate parties may have an upper hand in the wrangling to take over the company, observers of the deal said.
Carl Icahn has acquired a larger stake in Dell and called for a better buy-out offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners.
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, the Wall Street Journal reported on Friday.
Aruba Networks’ CEO, Dominic Orr, has promised to “fire back” at Cisco, after he attributed underhand tactics — in which …
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire …
Data centre and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending …