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Genentech rejects Roche's $43.7b bid
World News World Merger (35) USA (204) Bay Area Bay Area Merger (187) North San Mateo County (141) Business (38) Merger
2007 (1) 2006 (3) 2005 (2) 2004 2002 (1) 2001 (3)
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Retention plan to cost $371 million
Aug.21
  Genentech: An employee retention plan announced along with its rejection of Roche's buyout offer will cost the biotechnology giant about $371 million

Aug.13
  Biotechnology giant rejected a buyout offer from its majority owner Roche but said it is open to a higher takeover bid
Jul.25 Panel to ponder Roche takeover offer
  Genentech: Genentech has set up a committee of independent directors to consider Swiss drugmaker offer to acquire all shares it does not already own


year 2007 Top ^

Jan.5 Cisco buying messaging security firm
  Cisco Systems is agreeing to purchase San Bruno's IronPort Systems in a cash-stock deal worth $830 million

year 2006 Top ^

Nov.11 Genentech to acquire partner Tanox
  Genentech Inc. has agreed to its first acquisition ever - Tanox Inc., co-developer of the asthma medicine Xolair Oct.9 Google buys YouTube for $1.65bn
  Google is buying video-sharing website for $1.65bn in shares. The companies will continue to operate independently
 YouTube, launched in February 2005, has 100 million videos viewed every day


year 2005 Top ^

Sep.23 Genentech Stops Enrolling Avastin Study
  The company stopped enrolling patients in a study due to greater occurrences of gastrointestinal perforations Jun.2 eBay to purchase Shopping.com for $620m
  Ebay will acquire a price- comparison Web site to access to 2 million amateur product reviews


year 2004 Top ^



year 2002 Top ^

Feb.8 Serramonte sold to British for $119M
  Daly City: Serramonte Center, the massive 860,000-square-foot retail hub, will be sold to Liberty International

year 2001 Top ^

Nov.19 Exelixis buys Genomica
  South SF: Drug company to acquire biotech software company in a $110 million deal Aug.23 Eos Biotechnology to be acquired  South SF: Biotech startup will be acquired by Pharmocopeia Inc. in a deal worth $170 million. Jun.7 AOL buying Business 2.0 magazine
  Brisbane: AOL will produce magazine with eCompany Now's staff of 107 employees in SF



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