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Linux supplier Red Hat, Inc. (NYSE:RHT) has purchased business process management software technology from Spain’s Polymita Technologies. The buyer says that Polymita’s solutions accelerate its debut in the BPM software market, and complement its JBoss middleware solutions as well. Red Hat has been recently enlarging its software horizons, and in June acquired a middleware product line from Progress Software.
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The tortured decisions involving ING Groep N.V. (NYSE:ING) divesting its $1 billion Hong Kong insurance division separately from its other Asian operations, may be finally reaching a conclusion, according to Reuters. If the firm does sell separately, such a move might hurry the process up, and bring better value from a buyer that’s focused only on that market.
Glencore International’s (GLCNF.PK) $70 billion merger with Xstrata plc (XSRAF.PK)(XSRAY.PK) is now more likely to fail as NBIM, which manages Norway’s sovereign wealth fund, goes along with the State of Qatar in opposition to the terms of the deal. Both the firms recently upped their investments in Xstrata, and thus possess de facto vetoes over the transaction.
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