Berjaya unit in PH acquires stake in Malaysian IT firm
By Miguel R. Camus
Berjaya Philippines Inc., the domestic unit of Malaysia’s Berjaya Group, has acquired a minority stake in a Malaysian information technology company.

Berjaya Philippines Inc., the domestic unit of Malaysia’s Berjaya Group, has acquired a minority stake in a Malaysian information technology company.

A consortium of private equity groups announced a deal Monday to acquire enterprise software group BMC Software for $6.9 billion in cash.

Groupon shares surged Friday as market players reacted to chatter about a possible takeover for the troubled online deals company.
The Department of Transportation and Communications (DOTC) has auctioned off and awarded the multibillion-peso supply contract for the Land Transportation Office’s (LTO) computer systems to a little-known firm.

Microsoft on Thursday reported a profit in the past quarter of $4.5 billion, as the tech giant rebounded from its first-ever loss.

Pangilinan-led Philippine Long Distance Telephone Co. is set to pay as much as P800 million for data centers owned and operated by the IPVG group, which is dropping its technology business.

A flood of top-end properties are hitting the market as businessmen seek to leave France before stiff tax hikes hit, real estate agents and financial advisors say.

Struggling Finnish mobile phone manufacturer Nokia might sell its headquarters on the outskirts of Helsinki, a senior company official was quoted as saying on Wednesday.

South Korea’s Samsung Electronics said Wednesday it had started building a new $7 billion chip plant in the Chinese city of Xian – its biggest-ever investment in the country.

Ambassador Amable R. Aguiluz V once made his indelible mark in Philippine history when he pioneered the IT education in the country.

Facebook shares took a beating Friday as markets opened following the first earnings report since the much-hyped public offering of the world’s biggest social network.

Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.