Oracle or Private Equity firms may purchase Brocade Communications who is throwing off so much cash that it might be worth 40% more than its current purchase price, according to a Bloomberg analysis.
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Blackstone , who will hold a 95% stake, and DDR Corp. have formed a joint venture to acquire a portfolio of 46 shopping centers for $1.43 billion — including debt — from an affiliate of Elbit Imaging . DDR will start a public offering of 15 million shares to help finance the investment.
Apple confirms it has bought Israeli flash-storage company Anobit. Anobit supplies chips for the iPad and other devices, and Israeli mediate reported last month that Apple paid around $500 million for Anobit investors of which included Intel .
Universal American will purchase APS Healthcare from funds managed by Private-Equity firm GTCR for $228 million and up to $50 million based on performance.
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- Brocade Communications