Porsche AG's CEO said Wednesday in an open letter that his business was no hedge-fund "locust" in an attempt to allay fears about what his company's likely takeover of fellow German automaker Volkswagen would mean.

HP today announced that it has signed a definitive agreement to acquire EYP Mission Critical Facilities Inc. (EYP MCF), a consulting company specializing in strategic technology planning, design and operations support for large-scale data centers.

Dell announced today that it has completed the acquisition of ASAP Software, a leading software solutions and licensing services provider and a former subsidiary of Corporate Express.

IBM Corp. announced Monday that it planned to buy Cognos Inc. for $5 billion (EUR3.41 billion) in cash in an evident attempt to keep pace with rivals in the field of "business intelligence" software.

Dell has entered into a definitive agreement to acquire EqualLogic, a leading provider of high-performance iSCSI storage area network (SAN) solutions uniquely optimized for virtualization. The acquisition will strengthen Dell’s product and channel leadership in simplifying and virtualizing IT for customers globally. iSCSI SAN technology represents the fastest growing part of the storage business.

McAfee, Inc. (NYSE: MFE) today announced a definitive agreement to acquire the privately-held ScanAlert, Inc., creators of the fast-growing HACKER SAFE® Web site security certification service, for approximately $51 million in cash up front and with an earn-out of up to an additional $24 million if certain performance targets are met.

Occam Networks®, Inc. (NASDAQ: OCNW), a leading supplier of innovative Ethernet and IP-based loop carrier equipment to telecommunications companies, announced today that it has completed its purchase of certain assets of Terawave Communications, Inc., a leading GPON innovator.

Fujitsu Consulting, the North America consulting and services arm of Fujitsu Limited, today announced the acquisition of Promaintech Novaxa, a consulting engineering firm specializing in operational strategy, business process transformation and performance optimization. This acquisition is aligned to Fujitsu Consulting’s long-term strategy to increase its presence in emerging markets and industry sectors. Terms of the transaction have not been disclosed.

IBM (NYSE: IBM) today announced a definitive agreement to acquire NovusCG, a privately held storage solutions company based in Manassas, Virginia. Financial terms were not disclosed. Novus will become part of the Storage and Data Services business unit in IBM Global Technology Services.

Cisco® today announced a definitive agreement to purchase Richardson, TX-based Navini Networks, Inc. a leader in the Mobile WiMAX 802.16e-2005 broadband wireless industry.

HP today announced that is has signed a definitive agreement to acquire the Atos Origin Middle East group, also known as “AOME,”(1) one of the Middle East’s leading systems integrators, to broaden its consulting and integration capacity in the region.

HP today announced that is has signed a definitive agreement to acquire the Atos Origin Middle East group, also known as “AOME,” one of the Middle East’s leading systems integrators, to broaden its consulting and integration capacity in the region.