Broadcom Offers to Acquire Emulex for $9.25 in Cash

Represents 40% Premium to Emulex's Closing Share Price on April 20, 2009
Accelerates Development of Converged Network Solution for Customers
Significant Experience in Acquiring Companies; Highly Achievable Integration

IRVINE, Calif., April 21 /PRNewswire-FirstCall/ -- Broadcom Corporation (Nasdaq: BRCM ) today announced that it has made a proposal to the Emulex Corporation (NYSE: ELX ) Board of Directors to acquire all the outstanding shares of Emulex common stock for $9.25 per share in cash, representing a total equity value of approximately $764 million. The offer represents a 40 percent premium above the closing price of Emulex common stock on April 20, 2009, a 62 percent premium to trailing 30 day average price per share and an approximately 85 percent premium to enterprise value.

Perfect World Launches 'Hot Dance Party 3.0 - Baby Plan' Expansion Pack

Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, announced it launched "Hot Dance Party 3.0 - Baby Plan" expansion pack today.

"Hot Dance Party" was Perfect World's first 3D online casual game. The game has been well-received by online game players since its launch because of its excellent graphic design, innovative game systems and continued introduction of new features.

Vista Equity Partners Proposes to Acquire SumTotal Systems, Inc. for $3.25 Per Share in Cash, a 62% Premium to April 3rd Closing Price

-- Vista Is Nominating Three Directors For Election To SumTotal's Board of Directors --

Vista Equity Partners Fund III, L.P. ("Vista"), a private equity firm focused exclusively on equity transactions involving enterprise software businesses and technology-enabled solutions companies, has proposed to acquire SumTotal Systems, Inc. ("SumTotal" or "the Company") (Nasdaq: SUMT) for $3.25 per share in cash in a transaction that values the Company's outstanding equity at approximately $103 million.

Blackboard Announces Details for BbWorld Europe ‘09

A Dedicated Event Focusing on Teaching and Learning Technology

AMSTERDAM – April 6, 2009 – Blackboard Inc. (NASDAQ:BBBB), a global leader in education technology, today announced details for its 6th annual European users conference, BbWorld Europe® ’09, which will take place April 6-8 at the Fira Palace Hotel in Barcelona, Spain.

BbWorld Europe is a unique networking opportunity for hundreds of senior education leaders, e-learning managers, systems integrators, course designers, and academics representing over 100 organisations and 27 countries spanning Europe, the Middle East and Africa.