Adobe buying Omniture for $1.8 billion PDF Print E-mail
Written by Libya Times   
Thursday, 24 December 2009 15:53

The maker of Acrobat software says the acquisition will help it "transform" online commerce.

adobeAdobe Systems went shopping on Tuesday. And it came home with a pricey find.
The software company said it is buying Web analytics firm Omniture for about $1.8 billion in an effort to make itself more competitive in the world of online commerce.
The maker Photoshop and Acrobat products said it will offer Omniture $21.50 per share in cash. That's a 24% premium to Omniture's Tuesday closing price of $17.32 per share. The deal is expected to close in the fourth quarter of Adobe's fiscal year.

Last Updated on Thursday, 24 December 2009 15:54
Read more...
 
Libyan telecom company signs contracts. PDF Print E-mail
Written by Libya Times   
Wednesday, 21 October 2009 18:31

contract-signing-smallThe Libyan General Posts and Telecommunications Company (GPTC) on Thursday signed four contracts in the field of telecommunications, official sources told PANA in Tripoli.
The agreements were signed in Tripoli in the presence of the GPTC Secretary, Dr Mohamed Mouamamr Kadhafi and the Secretary of the Libyan General People's Committee for education and scientific research, Abdelkebir Fakhri.

Last Updated on Wednesday, 23 December 2009 15:45
Read more...
 
Consumer prices down 1.5% in past year PDF Print E-mail
Written by Libya Times   
Wednesday, 21 October 2009 18:03

Walmart_exteriorKey measure of inflation up 0.4% on month-to-month basis, but annual measure remains lower.
A key index of consumer prices rose in August, but sank significantly over the past 12 months, the government said Wednesday.

Read more...
 
Afriqiyah Airways Launched Tripoli-Johannesburg Flights PDF Print E-mail
Written by Libya Times   
Monday, 28 September 2009 00:00

Afriqiyah AirwaysAfriqiyah Airways launched the Tripoli-Johannesburg route on the 19th of September, 2009, which is for any Libyan Airline for the first time has operated in such the longest cross-continent nonstop flight ever.
The introduction of the Johannesburg direct flight is the continuation of Afriqiyah Airway's efforts and determination to link African States and Africa with the world.

Last Updated on Wednesday, 23 December 2009 15:02
Read more...
 
Libyan fund acquiring stake in Austrian brickmaker PDF Print E-mail
Written by AP   
Monday, 28 September 2009 00:00

Libyan fund acquiring stake in Austrian brickmakerIENNA -- Wienerberger AG, the world's largest brick manufacturer, said Monday it has signed an agreement with Libya's state investment authority that will let the North African fund acquire up to 10 percent of its shares.
Wienerberger said the move was part of a capital increase aimed at raising at least euro335.8 million ($489.5 million) by issuing nearly 33.6 million new shares.
It said the Libyan Investment Authority has agreed not to acquire more than 15 percent of the Vienna-based company without the consent of Wienerberger's board.

Last Updated on Thursday, 24 December 2009 15:29
Read more...
 
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  Next 
  •  End 
  • »


Page 1 of 2