Shares of Mercury Interactive Corp. have been removed from the Nasdaq Stock Market because the software maker failed to file financial reports. Several top Mercury executives resigned in November after an investigation by the company's directors into the software maker's accounting showed a pattern of incorrect reporting of stock- option grants. Losing the Nasdaq listing could hinder Mercury's efforts to overcome the scandal.
AMD, Rambus sign $75M license pact
Advanced Micro Devices Inc. has signed a five-year, US$75 million patent license agreement with Rambus Inc. Under the deal, Rambus will provide AMD with a license for patents used in the design of memory and logic controller interfaces. The license is separate from earlier agreements. Rambus also has long-standing agreements with Intel Corp.
EMC finalizes $275M Captiva acquisition
EMC Corp. has completed its $275 million purchase of document capture software vendor Captiva Software Corp. Captiva will become part of EMC's software group and continue to be managed by Reynolds Bish, previously Captiva's president and CEO. Under an agreement prior to the acquisition, the two companies had integrated Captiva's InputAccel software into EMC's Documentum suite.
RSA completes Cyota acquisition
RSA Security Inc. has completed its $145 million acquisition of privately held Cyota Inc., a maker of online security and antifraud systems for financial institutions. RSA officials projected that the addition of Cyota will add approximately $22 million to $25 million in revenue in 2006. The move brings a risk-based authentication line to RSA's product portfolio.