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 »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »
US$41 Billion Deal to Buy Bell Canada Collapses
A US$41 billion deal to buy Bell Canada in what was once billed the leveraged buyout ever collapsed on Wednesday after failing a solvency test.
December 11, 2008 — IDG News Service —
A US$41 billion deal to buy Bell Canada in what was once billed the leveraged buyout ever collapsed on Wednesday after failing a solvency test.
The companies involved in buying Bell Canada, including the Ontario Teacher's Pension Plan and Merrill Lynch Global Private Equity, issued a joint statement terminating the deal after receiving the solvency opinion from KPMG, which was enlisted as part of the deal to evaluate the transaction.
KPMG ruled that if the deal were to go through it would result in an insolvent entity, or one unable to pay off its debts.
"Because KPMG has concluded that a required test for the solvency opinion was not met, this mutual condition to completion of the acquisition could not be, and was not, satisfied," the purchasers said in the statement. "Accordingly, the Purchaser terminated the agreement in accordance with its terms."
The purchasers also said they will not have to pay a US$1.2 billion termination fee due to the circumstances of the cancellation, nor do they expect to be paid a similar fee by Bell Canada.
Service Level Reporting and Communication
Informatica Platform and Integration Competency Centers
Cutting the Cost of Enterprise Databases
The CIO Calls the Shots
Infrastructures for Innovation
An Alternative Database Approach
IT Consolidation Made Easy
Taking a Seat at the Executive Table: The Reality of Virtualization
Who Are the Data Center Leaders?
SharePoint - Unchecked growth of content is unsustainable - now what?
Unleashing the Power of Customer Data
Does Your Network Let Customers Drive Your Business?
Resource Alerts
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