M&A roundup – week ending 9/12/15

[Buzz_Burner_Fresh_Updates] M&A roundup – week ending 9/12/15 – vator.tv IBM acquired StrongLoop; INRIX bought ParkMe; IronSource merged with SupersonicMicrosoft completed the deal to acquire Adallom, an Israeli cloud security startup.  The price of the deal was undisclosed, but is said to be lower than the $320 million that was initially reported… Continue Reading On vator.tv »  

United Tech reorganizes operations, names presidents for units

[Buzz_Burner_Fresh_Updates] United Tech reorganizes operations, names presidents for units – reuters.com (Reuters) – United Technologies Corp said it is reorganizing its business by operating its Otis elevator and climate, controls and security divisions as stand-alone units. Continue Reading On reuters.com »  

Philadelphia officials working hard to get wary businesses excited by prospect of papal crowds

[Buzz_Burner_Fresh_Updates] Philadelphia officials working hard to get wary businesses excited by prospect of papal crowds – foxbusiness.com Business owners in Philadelphia could enjoy a financial windfall from the crowds expected for the papal visit — if their employees can get to work through the security perimeters and road closures. Continue Reading On foxbusiness.com »  

Symantec to sell Veritas for $8 billion to focus on security software

[Buzz_Burner_Fresh_Updates] Symantec to sell Veritas for $8 billion to focus on security software – reuters.com (Reuters) – Norton antivirus software maker Symantec Corp has agreed to sell its data storage unit, Veritas, for $8 billion to a group led by Carlyle Group LP as it seeks cash to turn around its core security software business. […]

Symantec in talks to sell Veritas storage unit to Carlyle: source

[Buzz_Burner_Fresh_Updates] Symantec in talks to sell Veritas storage unit to Carlyle: source – reuters.com (Reuters) – Software security company Symantec Corp is in talks to sell its Veritas data storage business to private equity firm Carlyle Group LP , a person familiar with the matter said on Tuesday. Continue Reading On reuters.com »