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Buyout offers by AOL and Arris Group (ARRS Quote) for two Scandinavian technology companies earlier this week are fueling a wave of takeover speculation and a rally in the region.
On Monday, Time Warner (TWX Quote) unit AOL offered $900 million for Swedish online marketing company TradeDoubler. Separately, Arris announced the $1.2 billion acquisition of Norway-based Tandberg television, a provider of infrastructure products for digital TV.
The deals echo previous acquisitions of Nordic tech companies by large U.S. players -- most notably eBay's (EBAY Quote) $2.6 billion acquisition of Swedish Internet telephone company Skype in September 2005 -- and have spurred talk of potential bidding wars among other tech giants. ...
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