EMC has agreed to buy storage vendor Iomega for US$213 million in cash, expanding EMC's reach into the fast-growing consumer and small business markets, the companies announced Tuesday.

A jury in San Diego ordered Microsoft to pay Alcatel-Lucent US$367.4 million for infringing on two patents, adding a new chapter to a long-running dispute between the companies.

Time Warner Cable and Comcast are negotiating a deal to invest in a new nationwide WiMAX company that would be jointly operated by Sprint Nextel and Clearwire, according to reports in the Wall Street Journal and the Washington Post.

Motorola will split into two companies, one making mobile devices and the other making network infrastructure, the company announced Wednesday.

Lenovo Group Chairman Yang Yuanqing wants to challenge perceptions of Chinese companies as mainly producers of cheap, low-end products.

Oracle has agreed to buy BEA Systems for about US$8.5 billion, the companies announced Wednesday.

A group of technology companies is offering to share some of its patents to encourage the development of environmentally friendly technologies.

Dell Inc. CEO Michael Dell hinted Monday that his company could be shopping for more acquisition targets, and that they could be larger than the companies it has acquired to date.

Facebook Inc. will sell a US$240 million minority stake to Microsoft Corp., which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.

Microsoft Corp. is joining Ask.com in offering Web surfers a way to use its search engines anonymously, and the two companies are now calling on the search and online advertising industry to develop a common set of privacy practices.

Intel Corp. said Monday it plans to buy a US$218.5 million stake in the software firm VMware Inc., bolstering the companies' existing agreement to run VMware's virtualization software on Intel's processors.

U.S. Senator and presidential candidate Hillary Rodham Clinton said the U.S. is not just a market for foreign companies to sell into but to invest in as well.

Advanced Micro Devices Inc. will continue to supply ATI graphics chips for PCs based on Intel Corp. microprocessors despite the fierce competition between the two companies, AMD's chief technology officer said in an interview.

Network equipment manufacturer Avaya Inc. late Monday agreed to a US$8.2 billion cash buyout by private equity firms TPG Capital LLP and Silver Lake Partners, the companies announced.

The U.S. Federal Communications Commission has tried and failed to develop spectrum auctions that allow startup companies to get into the mobile service provider industry but now Google thinks it has a better idea.

TDK Corp. has agreed to sell its recording media division to Imation Corp. for US$300 million in cash and shares, the companies said Thursday.

Microsoft Corp. entered into a broad patent licensing agreement with South Korea's Samsung Electronics Co., Ltd. aimed at speeding product development efforts for both companies, they said Thursday.

Sun Microsystems Inc. and Fujitsu Ltd. want corporate users to see the two companies as being joined at the hip when it comes to their jointly developed Sparc Enterprise server line. But that only applies to engineering and product development. Otherwise, the two vendors will be competing for customers.

Toshiba Corp. has launched legal action in the U.S. against 17 companies that it says haven't paid the required licensing fees for DVD technology used in their products.

Qualcomm Inc. threatened to forbid Nokia Corp. from using its patents forever, the strongest blow yet in the ongoing battle between the mobile technology companies.