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Verifone to be taken private for $2.6 billion in cash

(Reuters) – Payments technology company Verifone Systems Inc on Monday agreed to be taken private by an investor group led by Francisco Partners for $2.58 billion in cash. Shares of the company, which makes point-of-sale payment devices, surged 52 percent in e... More »

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Short-seller Muddy Waters bets against OSI Systems

FILE PHOTO: Carson Block, Chief Investment Officer, Muddy Waters Capital LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo BOSTON (Reuters) – Carson Block, founder of short-seller Muddy Water... More »

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Cisco nears deal to acquire BroadSoft: source

Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc (BSFT.O) for close to $2 billion, a person familiar with the matter said on Sunday. More »

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Elbit Systems says innovation key to crowded drone market

FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo Israeli defense electronics company Elbit Systems Ltd (ESLT.TA), (ESLT.O) is moving quickly to innovat... More »

Cisco second-quarter forecast misses on order slowdown

Network equipment maker Cisco Systems Inc’s (CSCO.O) forecast adjusted profit and revenue growth for the second quarter below analysts’ estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States. Shares of Ci... More »

Ericsson and Cisco in network partnership to boost sales

STOCKHOLMMobile equipment maker Ericsson and U.S. networking company Cisco Systems Inc said on Monday they had agreed a business and technology partnership that should generate additional revenues of $1 billion for each company by 2018. Ericsson, whose like-fo... More »

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s1.reutersmedia.net/resources/r/?m=02&d=20140501&t=2&i=893266055&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA400F7P00s1.reutersmedia.net/resources/r/?m=02&d=20140501&t=2&i=893266055&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA400F7P00Cisco Investments commits $150 million to start-up companies

A Cisco office is pictured in San Diego, California November 12, 2012. REUTERS/Mike Blake Cisco’s corporate venture-capital arm said it would deploy $150 million to start-up companies over the next two to three years, accelerating its investments into areas su... More »