Archive for November, 2005

SanDisk plans to acquire 3D memory maker

SanDisk announced its plans to acquire 3D memory maker; Matrix Semiconductor. The deal is valued at approximately

Continue Reading November 3rd, 2005

EMC acquires Captiva for $275 million

EMC agreed on Thursday 20th October to acquire Captiva Software, whose products let customers turn paper documents into digital data. The acquisition was valued at

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Freddie Geier, Elgato CEO to head Apple Germany

Freddie Geier, head of EyeTV maker Elgato Systems is appointed to head Apple Computer’s German subsidiary. Mr. Geier plans to leave his post as Elgato chief executive at the end of the month to join Apple Germany as

Continue Reading November 3rd, 2005

Intel plans to buy Canada’s Zarlink Semiconductor for $70 million

Intel announced plans to buy television tuner assets from Zarlink Semiconductor the Canadian based company, In order to enhance its digital-home strategy. The chipmaking giant said it will purchase

Continue Reading November 3rd, 2005

ECCB Monetary Council To Meet in St Kitts

The 54th Meeting of the ECCB Monetary Council took place in St Kitts on 20-21 October 2005. Council members received the Governor’s report on monetary and credit conditions and provided

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Wendy Craigg - New Governor of The Central Bank of The Bahamas

Wendy M. Craigg has been named Governor of The Central Bank of The Bahamas; this appointment was effective June 1, 2005. As Governor, she also assumes the role of Chairman of the Board of Directors of

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Minister Proposes Reappointment of Chairperson of Canada Development Investment Corporation

On October the 20th, Ralph Goodale, the Canadian Minister of Finance proposed the reappointment of Donald McQueen Shaver as Chairperson of the Canada Development Investment Corporation.

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Switzerland - Banks and securities dealers are on track for Prevention of money laundering

Banks and securities dealers are Effectively implementing the Money Laundering Ordinance that came into force on July 1, 2003. The Swiss Federal Banking Commission (SFBC) following the evaluation of the comprehensive implementation audits conducted by

Continue Reading November 3rd, 2005

Euroclear Bank slashes triparty collateral management fees as business levels break records

Euroclear Bank clients will benefit from a EUR 7 million reduction in fees for choosing Euroclear Bank to manage their collateral. Commencing 1 November 2005, clients will save 25%, on average, in settlement and service fees as

Continue Reading November 3rd, 2005

Gravitas Completes Successfully IT Services Launch

Gravitas Technology, Inc., a leading IT services firm specializing in the alternative investment community, today announces the launch of TowerBrook Capital Partners, L.P. (TCP). TCP is a transatlantic private equity organization, which pursues control-oriented

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