Trimble Navigation Buys Vico Assets, CBS Turned Down By Sony: Merger and Acquisitions Recap
Trimble Navigation Limited (NASDAQ:TRMB) acquires the assets of Vico Software, which is involved in 5D virtual construction software and consulting services, for an amount that was not divulged.
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CBS Corporation (NYSE:CBS) wants to purchase Sony Corporation’s (NYSE:SNE) TV and movie businesses, but executives with the latter put the kabosh on the idea that the units are even up for sale. After the top CBS executive Les Moonves expressed an interest in acquiring the divisions, Sony’s Chief Executive Kazuo Hirai replied that the entertainment companies are set for future growth after stumbling of late.
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