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M&As
Thursday, October 11, 2007
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TietoEnator Buys Fortuna
TietoEnator has signed an agreement to acquire Fortuna Technologies in India, for approximately EURO 21 mn. The acquisition supports TietoEnator Telecom and Medias strategy to build qualified competence for telecom R&D and provides an excellent complement to its current customer base and services portfolio.

Educomp Buys Stake
Educomp announced that it has acquired 70.5% strategic stake in Toronto-based Savvica. Educomps investment in Savicca is to leverage its Internet based competencies in the areas of community building, online tutoring, Web-based learning, and digital content.

Barracuda Buys NetCon
Barracuda Networks, email and Web security appliances provider, announced that it has completed the acquisition of NetContinuum (NetCon), provider of Web application Firewalls. The addition of NetContinuums products to Barracuda Networks product portfolio puts the company in a strong position.

TANDBERG Buys Codian
TANDBERG, telepresence, high-definition videoconferencing and mobile video soluitons provider, has announced completion of its acquisition of Codian, developer of high-definition videoconferencing infrastructure products. The transaction is valued at $270 mn.

Tricom to Buy US Co
Tricom has signed an MoU to acquire assets of the US-based Apex Document Solutions a full service provider of litigation support services for legal practitioners. Tricom has announced the acquisition of Apex Document Solutions for $2 mn.

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