Dow Tech Stocks Driving Buzz This Week

Intel Corporation (NASDAQ:INTC): Current price $20.94

Three sources told VentureBeat that Intel is in negotiations to acquire Omek Interactive, an Israeli gesture recognition and tracking tech firm.  Samsung and Qualcomm (NASDAQ:QCOM) are also said to be considering a bid for the company, but one source says that a bidding war is not likely to develop.

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INTC

Microsoft Corporation (NASDAQ:MSFT): Current price $28.69

Microsoft will debut the 10.6-inch Windows 8 Surface Pro for the market in China on Tuesday for $1,045, says DigiTimes. Taiwan manufacturers say that the actual volume for the Surface RT and Surface Pro shipments is estimated at roughly 1 million units, all told.

Red Hat (NYSE:RHT) has named a new chief for its virtualization technologies and solutions. Radhesh Balakrishnan, previously at Microsoft, will become the global leader of Red Hat’s virtualization infrastructure solutions, including responsibilities for its Red Hat OpenStack and Red Hat Enterprise Virtualization technologies and solutions.

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MSFT

AT&T (NYSE:T): Current price $38.02

The web television start-up supported by Barry Diller, Aereo has discussed partnership arrangements with top pay-TV distributors and Internet service providers, including AT&T and Dish Network (NASDAQ:DISH), as it tries to introduce its fledgling service to more markets, says The Wall Street Journal.

Shares of Vodafone Group (NASDAQ:VOD) moved up as much as 4.3 percent in London trading subsequent to a Financial Times blog reporting that AT&T and Verizon Communications (NYSE:VZ) might extend an offer for the company, says Bloomberg.

If AT&T (NYSE:T) were to become involved in a Vodafone Group (NASDAQ:VOD) deal with Verizon, it could prove to be an expensive call, reports The Wall Street Journal’s Heard on the Street. Chatter has it that the timing could soon be right for Verizon to acquire the 45 percent of Verizon Wireless owned by London-based Vodafone, or just purchase Vodafone itself. However, in a late-Tuesday Securities and Exchange Commission Exhibit 99, Verizon states that it is not interested in a purchase of Vodafone at this time.

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T

Verizon Communications (NYSE:VZ): Current price $49.55

Vodafone Group (NASDAQ:VOD) shares jumped as much as 4.3 percent in London trading after a Financial Times blog reported that AT&T (NYSE:T) and Verizon Communications  might make an offer for the firm, according to Bloomberg.

If AT&T (NYSE:T) were to become involved in a Vodafone Group (NASDAQ:VOD) deal with Verizon, it could prove to be an expensive call, reports The Wall Street Journal’s Heard on the Street. Chatter has it that the timing could soon be right for Verizon to acquire the 45 percent of Verizon Wireless owned by London-based Vodafone, or just purchase Vodafone itself. However, in a late-Tuesday U.S. Securities and Exchange Commission Exhibit 99, Verizon states that it is not interested in a purchase of Vodafone at this time.

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VZ

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Cisco Systems (NASDAQ:CSCO): Current price $20.59

Cisco will purchase the privately held Ubiquisys, which is headquartered in Swindon, United Kingdom. The acquisition further boosts the buyer’s commitment to service providers and reinforces its mobility expertise to provide more intelligent mobile Internet networks. At the close of the acquisition, Ubiquisys employees will be integrated into the Cisco Service Provider Mobility Group, and will report to Vice President and General Manager Partho Mishra, Service Provider Small Cell Technology Group. Through the terms, Cisco will pay roughly $310 million in cash and retention-based incentives to buy out the entire business and operations of Ubiquisys. The transaction should close in the fourth quarter.

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CSCO

International Business Machines Corporation (NYSE:IBM): Current price $209.41

The growth in sales of CommVault Systems (NASDAQ:CVLT) from data-management software could entice offers from such giants as IBM, in what would be the industry’s most expensive deal in a decade, says Bloomberg, which also said that the software company’s sales are forecast to jump by 33 percent during the next two years, This is faster than 81 percent of similar-sized firms.

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IBM

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