Nokia to dump world’s most ridiculous luxury-phone brand, Vertu, for $265M

Troubled phone-maker Nokia is attempting to unload its luxury mobile-phone brand, Vertu, for a reported $265 million (€200 million), the Financial Times is reporting. Nokia is being advised by Goldman Sachs on the deal and is currently in talks to …

Cisco to acquire video software maker NDS for a whopping $5B

Networking titan Cisco has agreed to purchase Israeli video software company NDS for a cool $5 billion, the company announced Thursday morning.

NDS focuses on software that delivers video and interactive entertainment to set-top boxes and across other devices. The …