Announcement comes before annual shareholder meeting.

AT&T has withdrawn its merger application at the FCC but will still seek approval for the deal in a court case with the DOJ.

The European Commission concluded that a merger of the hard disk drive makers will not impede competition.

Global technology mergers and acquisitions (M&A) deals grew during the first quarter (Q1) of 2011, according to Ernst & Young's quarterly report, Global Technology M&A Update, January - March 2011.

Increased revenue will foster mergers and acquisitions in the technology space, according to a survey by accounting and consulting firm BDO USA that polled chief financial officers at technology firms.

Novell's copyrights for the Unix operating system will remain under Attachmate's control as part of the companies' pending merger, a Novell spokesman said Wednesday.

MySQL separatists address Russia and China as EU assent on the deal grows likely.

3Com Corp.'s board of directors is facing a lawsuit over the proposed acquisition by Hewlett Packard Development Company LP, but a financial analyst who studies Ethernet switching argued if approved, both vendors would benefit from the deal.

Alcatel-Lucent announced a raft of new voice and data switching and routing products and enhancements Monday, all of them focused on showing the company as a competitor to market leader Cisco Systems Inc.

Electronic Arts is giving up plans to acquire rival computer games software company Take-Two Interactive and has terminated merger discussions with the company, it said Sunday.

Billionaire investor Carl Icahn will proceed with his plan to replace Yahoo's entire board in an effort to force the company to reopen merger negotiations with Microsoft, the Wall Street Journal reported Wednesday.

Alcatel-Lucent SA's revenue fell for the fourth quarter, and the company plunged into loss. The performance was disappointing, but the long-term prospects of the merger of Alcatel SA and Lucent Technologies Inc. remain positive, the company said.