Synchronoss to sell unit to Siris Capital for $1 billion

(Reuters) – Software maker Synchronoss Technologies Inc said private equity firm Siris Capital Partners would buy its Intralinks Holding unit in a deal worth about $ 1 billion. Siris, Synchronoss’ top shareholder, will also invest $ 185 million in the company in the form of convertible preferred equity. [nBw1QwWdBa] Reporting by Supantha Mukherjee in Bengaluru; […] Read more »

Irish court gives $1 billion Apple data center green light

DUBLIN (Reuters) – Apple may proceed to build a 850 million euro ($ 1 billion) data center in Ireland, the High Court ruled on Thursday, bringing relief for the government after a two-year planning delay which it feared could hurt its reputation with investors. Apple in February 2015 announced plans to build the data center […] Read more »

Western Digital Wants to Block Toshiba’s $18 Billion Chip Sale

Western Digital said on Tuesday it will seek an injunction to block the sale of Toshiba’s prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. The latest legal action by the U.S. firm, which jointly invests in Toshiba’s main chip plant, comes in the wake […] Read more »