Mergers & Acquisitions, Acquisition | featured news

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

Apple has purchased chip start-up Intrinsity whose technology analysts say was behind the chip used in the new iPad.

Divvyshot, a photo-sharing start-up, said it had received an offer from Facebook it couldn't refuse.

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

Swedish-based producer of home appliances group Electrolux is one of two preferred bidders for Daewoo Electronics.

Phillips-Van Heusen says it will buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world's biggest clothing companies.

Google has acquired DocVerse, a technology start-up that allows people to collaborate on Microsoft Office files online, for about $25 million.

The Coca-Cola Co. has agreed to buy Coca-Cola Enterprises Inc.’s entire North American bottling business — and along with it the company’s bottling plant in San Antonio.

Walmart is set to make a play for your living room. The company has acquired online movie service Vudu, just over a month after rumors about a deal first surfaced.

Schlumberger Ltd., the world's biggest oilfield services company, has agreed to purchase fellow industry player Smith International Inc. for about $11 billion in stock in a move to diversify its product offerings and better compete with rival Halliburton Co.