Internet Brands announced Monday that it has agreed to go private at $13.35 per share, giving early investors a juicy 67% return. The company, which operates CarsDirect.com and other consumer sites, went public in 2007.
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The Nintendo Wii’s dominance over motion-control gaming eroded further this weekend as Microsoft and Sony highlighted their own new controllers at Japan’s largest video-game industry event. Plus, Sony updated PS3 to play 3-D B…
Despite an onslaught of criticism in Germany over its controversial Street View service, Google has found a sympathetic ear as the German government prepares to address the issue of data regulation and privacy this winter. Germ…
Nissan (NSANY) raised its production target for China, the world’s largest auto market.
The Japanese automaker raised its production target to 1.2 million units in 2012, from a previous target of 1 million, BBC News reported. The company currently produces 670,000 units a year in China.
Nissan is now the top-selling Japanese automaker in China, having overtaken Toyota. The company…
Continue reading Nissan Raises China Production Target
Nissan Raises China Production Target originally appeared on DailyFinance on Mon, 20 Sep 2010 08:49:00.
Filed Under: Energy, Company News, Technology, Investing, Green, Autos, Retail
IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share — a 9.75% premium over Friday’s close — brings a long-ti…