Business Strategy Joint Ventures

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  • Cisco joins flurry of U.S.-China tech partnerships Thursday, 24 Sep 2015 | 12:19 AM ET

    BEIJING, Sept 24- Cisco Systems Inc said Thursday it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China, where the Silicon Valley firm faces political pressure and declining sales. Cisco and Inspur said they would invest $100 million in the project, although they offered few other details.

  • *Deal values Lanxess rubber ops at 2.75 bln euros incl debt. FRANKFURT, Sept 22- Germany's Lanxess sold 50 percent of its synthetic-rubber business, the world's largest, to Saudi Aramco, partnering with the leading oil firm to gain better access to petrochemical raw materials. The deal values the joint venture that the two companies will set up in the Netherlands...

  • *Warner Bros ties up with China Media Capital. HONG KONG/ SHANGHAI, Sept 21- Warner Brothers and investment firm China Media Capital are forming a joint venture to develop Chinese-language movies, adding to a wave of tie-ups between Hollywood studios and Chinese partners to tap China's fast-growing box office. China's box office takings, set to hit $8.9 billion...

  • Sept 16- U.S. media company Fullscreen said it is working on a premium entertainment service that will feature original shows and exclusive movies. Fullscreen, one of the biggest networks on YouTube, is majority-owned by Otter Media, a joint venture between AT&T Inc and The Chernin Group. The Los Angeles- based company helps video creators with production,...

  • FRANKFURT, Sept 10- German speciality chemicals company Lanxess is in talks to put its main synthetic rubber business into a joint venture with petrochemicals group Ineos, four people familiar with the matter told Reuters. Lanxess has also held talks with Saudi Arabian Oil Company and Russia's NKNK and Sibur, but negotiations over the sale of a stake or pooling...

  • WASHINGTON, Sept 8- Aerojet Rocketdyne Holdings Inc has submitted a $2 billion offer to buy United Launch Alliance, a spacecraft launch services provider that is a joint venture of Lockheed Martin Corp and Boeing Co, according to sources familiar with the matter. Aerojet Rocketdyne board member Warren Lichtenstein, the chairman and chief executive of Steel...

  • HELSINKI, Aug 28- Finnish telecom equipment maker Nokia said it had agreed to create a Chinese joint venture with Huaxin in a move that could pave the way for China's approval for Nokia's proposed takeover of Alcatel-Lucent. The joint venture, to be named Nokia Shanghai Bell, will be built upon a similar, long-time joint venture between France's Alcatel-Lucent...

  • BEIJING, Aug 24- A General Motors Co joint venture in China will invest 3 billion yuan to build a factory dedicated to green cars, a spokeswoman said on Monday. SAIC-GM-Wuling, a three-way joint venture with SAIC Motor Corp Ltd and Wuling Motors Holdings Ltd, began construction of the plant on Friday in the southwestern province of Guangxi. Automakers in China are...

  • Germany cools to Russian investment Sunday, 28 Dec 2014 | 8:36 PM ET
    A giant sign for OAO Gazprom stands above a building in Moscow, Russia

    Few countries have invested more heavily in Russia than Germany after the Cold War ended. But now the rush is going in reverse. The NYT reports.

  • Solid Venture's quest to fight DMD Tuesday, 9 Sep 2014 | 6:50 AM ET
    Solid Venture's quest to fight DMD

    Ilan Ganot, Solid Ventures, discusses the company's ongoing efforts to develop treatments for Duchenne muscular dystrophy through gene therapy.

  • AmEx clinches $900M travel joint venture deal Monday, 17 Mar 2014 | 4:49 PM ET
    American Express cards are arranged for a photograph in New York.

    American Express said four financial investors have committed a total of $900 million to a business travel joint venture.

  • Biogen Idec and Isis form strategic alliance Monday, 9 Sep 2013 | 8:40 AM ET
    Biogen Idec and Isis form strategic alliance

    Stanley Crooke, Isis Pharmaceuticals chairman & CEO, discusses his company's strategic new partnership in the treatment of neurological disorders using antisense therapy.

  • Nikkei Business Report Wednesday, 19 Jun 2013 | 4:30 AM ET
    Nikkei Business Report

    Tokyo stocks fell today as overnight remarks by Fed's Bernanke that quantitative easing may slow down later this year triggered selling. However, GS Yuasa shares shot up by nearly 6% following news that it will team up with Bosch and Mitsubishi Corporation in developing and selling lithium-ion batteries for electric cars.

  • Nikkei Business Report Friday, 17 May 2013 | 4:40 AM ET
    Nikkei Business Report

    Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.

  • vodafone-Booster-Brolly-200.jpg

    Major Vodafone investors said $100 billion was not enough for the British company's stake in its U.S. joint venture with Verizon Communications.

  • Nasdaq to Set Up Trading Post for Private Firms Wednesday, 6 Mar 2013 | 7:43 AM ET

    Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.

  • Aviary: Powering Twitter's New Photo Filter Wednesday, 12 Dec 2012 | 10:23 AM ET
    Aviary: Powering Twitter's New Photo Filter

    Avi Muchnick, Co-Founder & CEO of Aviary, discusses his company's two big partnerships with Twitter and Flickr.

  • Delta Buying 49% Stake in Virgin Atlantic Tuesday, 11 Dec 2012 | 1:17 PM ET
    Delta Buying 49% Stake in Virgin Atlantic

    CNBC's Phil LeBeau reports the latest details of the $360 million deal and what it means for Delta and air travelers in general.

  • Hagar Rocking the Business World Thursday, 25 Oct 2012 | 6:43 AM ET
    Hagar Rocking the Business World

    Rock star and Cabo Wabo founder, Sammy Hagar talks about making money and music, with CNBC's Becky Quick.

  • Monday's Market Rundown Monday, 22 Oct 2012 | 9:00 AM ET
    Monday's Market Rundown

    The "Squawk on the Street" team report on the mornings market-moving stories, and what investors should be looking for, including the selloff in techs; Caterpillar's earnings and forecast; Microsoft's Windows 8 launch; and more.