SUNNYVALE, Calif. (CBS.MW) -- Inktomi shares rose 36 percent Monday after online giant Yahoo agreed to buy the Internet search-technology company for $235 million cash, reuniting the two one-time partners.
SAN FRANCISCO, Dec 20 (Reuters) - Business software maker Sybase Inc. (SY) on Friday agreed to buy mobile software developer AvantGo Inc. (AVGO) for about $38 million in a bid to expand its presence in the wireless market, sending AvantGo shares soaring.
Shares of Sun Micro (SUNW: news, chart, profile) surged 10.4 percent in overnight trading, rising to $3.27. The big question on Tuesday is whether those gains hold.
Shares of Microsoft (MSFT: news, chart, profile) eased 19 cents overnight to $53.90 after Judge J. Frederick Motz ruled that Microsoft must carry Sun's Java programming language on its Windows operating system. See full story on the preliminary injunction
SAN FRANCISCO, Dec 20 (Reuters) - Business software maker Sybase Inc. (SY) on Friday agreed to buy mobile software developer AvantGo Inc. (AVGO) for about $38 million in a bid to expand its presence in the wireless market, sending AvantGo shares soaring.
Shares of Sun Micro (SUNW: news, chart, profile) surged 10.4 percent in overnight trading, rising to $3.27. The big question on Tuesday is whether those gains hold.
Shares of Microsoft (MSFT: news, chart, profile) eased 19 cents overnight to $53.90 after Judge J. Frederick Motz ruled that Microsoft must carry Sun's Java programming language on its Windows operating system. See full story on the preliminary injunction
