Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
June 17, 11:30 AM - 12:30 PM U.S./ET (GMT-4)
Larry Bonfante, CIO of the U.S. Tennis Association, will discuss the skills and approaches that your rising IT leaders must learn to be effective in an executive capacity.
How to Handle Your New CEO: Managing Turnover at the Top
June 18, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)
Turbulent times have increased turnover at the top. Find out what Council CIOs have done to "break in" new CEOs—build relationships, set expectations, educate on the role of IT.
Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships
July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)
We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.
Executive Competencies Assessment Tool
Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.
Learn more about the CIO Executive Council »
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Best Buy Buys Half of Carphone Warehouse for $2.1B
Consumer electronics retailer Best Buy Thursday said it will acquire 50 percent of The Carphone Warehouse for about £1.1 billion ($2.1 billion).
May 08, 2008 — IDG News Service —
Consumer electronics retailer Best Buy Thursday said it will acquire 50 percent of The Carphone Warehouse for about £1.1 billion ($2.1 billion).
Best Buy hopes to take advantage of The Carphone Warehouse's expertise in sourcing mobility products, bundling services and operating smaller stores, it said. The deal should also help The Carphone Warehouse grow in Europe.
The new company will comprise The Carphone Warehouse's existing retail business, including more than 2,400 stores in nine European countries under the Carphone Warehouse and Phone House brands. It will also introduce Best Buy stores and Web sites across Europe, starting next year.
Best Buy currently operates 1,314 stores in the United States, Canada and China.
The Carphone Warehouse will use the proceeds from Best Buy to pay down debt and make investments in broadband. The deal remains subject to Carphone Warehouse shareholder approval. It is expected to close by August 30, the end of Best Buy's fiscal second quarter.
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