News tagged with joint venture
Walney offshore wind farm is world's biggest (for now)
(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney ...
Technology / Energy & Green Tech
Feb 11, 2012 |
4.1 / 5 (14) |
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S.Africa in $208 mln AIDS drug venture with Swiss Lonza
South Africa on Friday unveiled plans for a 1.6 billion rand ($208 million, 157 million euro) pharmaceutical plant, in a joint venture with Swiss biochemicals group Lonza to produce anti-AIDS drugs.
Medicine & Health / HIV & AIDS
Feb 10, 2012 |
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Verizon reverses on $2 fee for one-time payments
(AP) -- After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.
Dec 30, 2011 |
1 / 5 (1) |
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Sony, Samsung dissolve panel joint venture
Japan's Sony and South Korean rival Samsung are dissolving their joint venture in liquid crystal display panels as Sony tries to stanch years of losses in its TV business.
Dec 26, 2011 |
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Cox agrees to sell wireless spectrum to Verizon
(AP) -- Cable company Cox Communications on Friday said that it has agreed to sell some of its airwave licenses to Verizon Wireless for $315 million and will resell Verizon service in its stores.
Dec 16, 2011 |
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Unique 'listening' technology tackles widespread fraud issues
Alaris, a joint venture startup company between ASU and Rolls-Royce, aims to tackle health care insurance fraud that is estimated to cost U.S. taxpayers more than $200 billion each year. This partnership was ...
Dec 15, 2011 |
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Nokia Siemens to lay off 17,000 worldwide
(AP) -- Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 - nearly 23 percent of its work force - as it strives to cut costs by euro1 billion ($1.35 billion).
Nov 23, 2011 |
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Newspaper owners team up in deal-finding venture
A group of newspaper publishers and other media companies are teaming up to sell more advertising aimed at people looking for online deals.
Nov 17, 2011 |
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Carphone Warehouse closing UK Best Buy stores
(AP) -- Carphone Warehouse Group PLC is closing its 11 Best Buy "big box" electronics stores, launched in April last year, as part of a reorganization of its relationship with the U.S. retailer.
Nov 07, 2011 |
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Ericsson sells its Sony Ericsson stake to Sony
LM Ericsson and Sony Corp. announced Thursday they will go separate ways as Ericsson sells its 50 percent stake in mobile phone maker Sony Ericsson to Sony for euro1.05 billion ($1.46 billion).
Oct 27, 2011 |
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Sony Ericsson profits down in 3rd quarter
Mobile phone maker Sony Ericsson posted a break-even third quarter Friday - blaming the drop in earnings on higher taxes and lower margins - and announced that it is shifting its entire portfolio to smartphones next year.
Oct 14, 2011 |
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US fines Hitachi-LG disk drive firm for price fixing
US justice authorities hit a Japanese-Korean producer of optical disk drives with a $21.1 million fine for bid-rigging and price fixing, the Justice Department announced.
Sep 30, 2011 |
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California desert spaceship factory completed
Space tourism is closer to reality.
Space & Earth / Space Exploration
Sep 20, 2011 |
5 / 5 (2) |
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Justin Timberlake part of group buying MySpace
(AP) -- Justin Timberlake apparently wasn't satisfied with just playing a social media impresario in the movies, so now he's becoming one in real life.
Jun 30, 2011 |
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Google 'applying for China mapping licence'
Google and its joint venture partner in China have applied for a licence to operate an online mapping service in the world's biggest web market, a news report said on Tuesday.
Jun 14, 2011 |
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Joint venture
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
For more information about Joint venture, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
