Ariba, Inc. (Nasdaq: ARBA) today announced that it has signed a definitive agreement to acquire Procuri Inc. a privately-held provider of on-demand supply management solutions. With the acquisition, Ariba extends its position as the leading provider of spend management solutions to companies of all sizes and accelerates its traction in the rapidly growing mid-market.
Under […]

Borders Group, Inc. today announced that following a competitive auction process, the company has reached an agreement to sell its U.K. and Ireland subsidiaries to Risk Capital Partners, a London-based private equity investor. Risk Capital Partners has set up a new, wholly-owned subsidiary company (Bookshop Acquisitions Ltd.) for the purpose of acquiring Borders U.K. and […]

IQzone, the first service for posting free classified ads via mobile phone, has selected Oak Interactive, a digital marketing communications company out of Houston, Texas to begin creating an online brand and raising awareness to its revolutionary free classifieds technology.
IQzone allows anyone with a camera-enabled mobile device to take a photo or video clip of […]

In response to the volatility in the auction rate market over the past several weeks, Tortoise Capital Advisors, LLC, the investment adviser for Tortoise Energy Infrastructure Corp., Tortoise Energy Capital Corp. and Tortoise North American Energy Corp. is providing information about its funds’ auction rate notes and preferred shares.
Recent problems in the sub-prime mortgage market […]

Apple and O2 announced today that O2, the leading wireless carrier in the UK, will be the exclusive UK carrier for Apple’s revolutionary iPhone when it makes its debut in the UK on November 9th. iPhone combines three devices into one — a mobile phone, a widescreen iPod and the best mobile Internet device ever […]