FRANKFURT (Reuters) - Germany's United Internet is seeking to buy urban fiber-optic networks to expand the national grid of Versatel, which it bought last year, its chief executive told Reuters.
Ralph Dommermuth said he was also on the lookout for more acquisitions to bolster its business applications unit, which it may list separately on the stock exchange, following the acquisition of Poland's biggest web hoster home.pl.
LONDON (Reuters) - Vodafone, the world's second biggest mobile company, said it is in early talks about exchanging selected assets with Europe's largest cable operator Liberty Global, which could enable each to better compete with rivals.
Analysts and sector bankers said the two most important countries for both firms where they overlap were Britain and Germany. They also both operate in Ireland, the Netherlands, Czech Republic, Hungary and Romania.
The event will be taking place for the fifth time in Berlin. We are proud to announce we could win speakers such as Julie Brill, Commissioner, Federal Trade Commission, USA, Giovanni Buttarelli, European Data Protection Supervisor, Peter Fleischer, Google and Ben Wizner, lawyer to Edward Snowden. We bring together international experts for networking, insights and exchange.
FRANKFURT (Reuters) - Germany's Rocket Internet went to investors with a capital hike just four months after its stock flotation, asking for fresh funds following a 1 billion euro spending spree that targets online food takeaway businesses as the next big thing.
The Berlin-based company, Europe's biggest Internet player thanks to its stakes in more than 100 start-ups ranging from fashion to finance, raised 1.4 billion euros ($1.6 billion) in its October IPO. It added a further 588 million euros on Friday that it said would allow it to continue to look around.
AMSTERDAM (Reuters) - IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro running on its cloud systems, the U.S. information technology firm said on Monday.
The deal comes as the U.S. company is trying to gain momentum in the market for Internet-delivered services, known as cloud computing. IBM will provide fully managed services for mainframe computers, servers, storage and end-user computing as well as a help desk and other technical support. IBM did not disclose financial details of the deal.
BERLIN (Reuters) - Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.
The deal is part of new Chief Executive John Chen's effort to enhance Blackberry's appeal for security conscious clients such as government agencies as it seeks to regain ground lost to Apple's iPhone and rival devices powered by Google's Android operating system.
FRANKFURT (Reuters) - Deutsche Telekom is to set up a 500 million euro ($620.4 million) fund for technology ventures, giving the company more scope to invest in venture capital and innovation.
The fund, called Deutsche Telekom Capital Partners (DTCP), will be launched early next year and will focus on Germany’s growing tech start-up scene, the telecoms operator said on Tuesday.
The new fund will also expand its activities to include private equity investments in existing companies.
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(Reuters) - Dish Network Corp's <DISH.O> chairman, Charlie Ergen, recently contacted Deutsche Telekom AG <DTEGn.DE> to express interest in acquiring the German company's unit, T-Mobile US Inc <TMUS.N>, Bloomberg reported, citing people with knowledge of the matter.
Ergen has not made a formal offer or hired any bank to advise it on the potential deal, the report said.
FRANKFURT (Reuters) - German internet service provider United Internet said on Wednesday it had agreed to acquire buyout group KKR's 74.9 percent stake in cable group Versatel for about 586 million euros ($769 million) in cash.
United Internet, which already controls 25.1 percent of Versatel, had said last month it was considering a complete takeover of the company, which owns Germany's second-largest fiber optic cable network with a length of about 37,000 kilometers.