Cisco to buy Cloupia for $125 million
NEW YORK (Reuters) - Cisco Systems (CSCO.O) plans to buy Cloupia, a privately held data center software company, for about $125 million, including retention-based incentives.
The deal, which is subject to closing conditions, is expected to close in the second quarter of Cisco's fiscal year 2013, the company said on Thursday.
(Reporting By Sinead Carew; Editing by Kenneth Barry)
RIMINI Italy - Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on Oct. 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.