EMC to buy Data General in stock deal

Article Abstract:

EMC Corp. has reached an agreement to acquire Data General Corp. for approximately $952 million (886.8 million euros). EMC is attempting to acquire a cheaper product line to its portfolio. The deal would enable EMC to expand its leading position in the storage industry. The company will also be given access to Data General's computer server line.

Computer Storage Device Manufacturing, Memories & Storage Devices, Abstract, Computer peripherals industry, EMC Corp. (Hopkinton, Massachusetts), Computer storage devices, Data General

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AlliedSignal merger deal draws cheers

Article Abstract:

Honeywell Inc. will be acquired by AlliedSignal Inc. in a stock swap deal valued at $14.88 billion. Industry analysts have said that the merger agreement, which will lead to the formation of a $25 billion aerospace parts and electronic industrial conglomerate, is likely to be followed by further acquisitions.

Diversified Companies, Honeywell Inc., AlliedSignal Inc.

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BRE plans to sell stake in Optimus to ITT Holdings

Article Abstract:

ITI Holdings is planning to acquire BRE Bank's share in Optimus SA. BRE will sell its estimated 11% share for 386.4 million zlotys (104.7 million euros).

Electronic computers, Foreign operations, Poland, Luxembourg, ITI Holdings S.A., BRE Bank S.A., Optimus S.A.

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