Microsoft to buy cyber security firm Hexadite for $100 million: report
JERUSALEM Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.
FRANKFURT Nokia Siemens Networks confirmed on Wednesday it would close its loss-making German services company, part of a broader revamp at the telecoms equipment joint venture.
On Tuesday, people familiar with the matter already said the unit, which provides network operations and management services and employs about 1,000 workers, faces closure.
Shuttering the unit, effective by the end of 2013, is part of an overhaul of the joint venture between Nokia and Siemens, which includes shedding a quarter of its workforce and is expected to yield about 1 billion euros ($1.31 billion) in cost savings.
($1 = 0.7642 euros)
(Reporting by Harro ten Wolde)
PRAGUE Tech entrepreneurs in central and southeastern European, many of whom already have experience of launching their own businesses, are now having more success at enticing global investors the second time around.
HELSINKI Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.