Maura Ginty

Satyam Infoway Thursday drew in two new joint venture deals, one with U.K.-based Refco Group Ltd. for an online brokerage and another with Singapore portal Plasticscommerce.com to bring its B2B exchange services to India. In the first deal, Satyam (SIFY) and Refco will create Refco-Sify Securities India Pvt. Ltd. with an initial injection of $10 […]

Germany media firm PixelPark Wednesday jumped into the race to form Europe’s largest Internet consulting firm, purchasing the soon-to-merge Cell Network/Mandator for 2.4 billion euros ($2.3 billion). The new entity will operate as Pixelpark, in which current Pixelpark shareholders will control a majority 56.6 percent, with Cell Network/Mandator stakeholders owning the remaining 43.4 percent. Pixelpark […]

chinadotcom Tuesday announced plans to offer free e-commerce services to small and mid-size businesses throughout Hong Kong, Taiwan and China through its new partnership with ClickThings. As part of the deal, chinadotcom (CHINA) will invest $5 million into the joint venture, dubbed ClickThings Asia. The venture first plans to roll out its e-commerce suite to […]

Simultaneous to its renewed effort to capture the European market, Oracle Corp. Tuesday said its Japan subsidiary will float 9.7 million shares on the First Section of the Tokyo Stock Exchange. The stock offering is scheduled for April 28, and will reduce Oracle’s control of the company by as much as 26 percent. Oracle (ORCL) […]

chinadotcom corp. Friday signed a preliminary agreement with Softbank Investment Strategic to create a $100 million consulting company chartered with advising Asia-bound Internet companies. The joint venture seeks to accelerate the entry of Internet plays to the Asian market, and intends to assist through partnership or joint venture with the imported properties. On the technological […]

In a move that surprised few, Bertelsmann AG and America Online Inc. Friday announced plans to restructure their global joint ventures in a deal worth up to $8.5 billion. The speculation regarding Bertelsmann stepping out of the AOL Europe and AOL Australia were verified with the new agreement, though the two were reportedly in talks […]

Intel Corp. Wednesday spent $1.25 billion to buy Danish networking chipmaker Giga A/S, an acquisition which will add to its weight in a key Internet infrastructure subsector. Giga’s networking chips are used to build high-speed optical infrastructure for the Internet. The company specializes in high-speed communications chips, and is a leading supplier of OC-48 (2.5 […]

With an eye on voice-over-IP, Broadband network systems supplier Terayon Communication Systems, Inc. this week purchased Israel-based Internet Telecom for approximately $40 million in an all-stock deal. Terayon (TERN) expects the buy to support rollout of its VoIP solutions later this year. The deal will also support the company’s line of DSL products. Internet Telecom’s […]

Keeping up the pace of dealmaking in the face of its hand-off to Pacific Century CyberWorks, Cable & Wireless HKT and Oracle Corp. Tuesday formed a Web-based, China-targeted B2B alliance. Oracle (ORCL) calls the project the first global multi-industry exchange, as well as the first for the Chinese audience. Commercial operations are expected to roll […]

Terra Networks S.A. Friday bought Venezuelan portal Chevere, effectively entering its ninth global market. Chevere, which boasts 3 million pageviews per month as of February, joins the Terra stable of Latin American portals which includes representation in Brazil, Mexico, Argentina, Chile, Peru, Guatemala and the U.S. With the exception of the Argentina market, Terra (TRRA) […]

Following up on its unmetered access triumph in the U.K., Telewest Communications Monday agreed to co-create broadband services with U.S. consulting firm Andersen Consulting. The new jointly-owned company is charged with developing and licensing for the up-and-coming sector. Video on demand is scheduled to be the first product to hit the launch pad, with its […]

France’s Liberty Surf Group S.A.‘s $68.3 million acquisition of Britain’s The X-Stream Network Inc. Thursday consolidates two of Europe’s more prominent free ISPs, just as the notion begins to take off across the Atlantic. Liberty Surf will offer shareholders $1.26 for each X-Stream share, which values X-Stream at $75.3 million. Liberty Surf will buy all […]