Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 26, 2010, 12:39 pm

Double-Take's $242M Sale Brings Windows Data Protection to IBM-Focused Firm, Vision ...

Here's an interesting snapshot of a Boston-area public tech company getting bought by a West Coast firm. In May, we reported that Southborough, MA-based Double-Take Software was being acquired by Vision ... (Source: Xconomy 2010-07-26T09:57:47Z)

Prosecutors Give Their Closing Statement

The prosecution is walking jurors step-by-step through the evidence and charges against ex-Illinois Governor Rod Blagojevich. Blagojevich was accompanied to court this morning by his wife, his sister-in-law, and his two ... (Source: Chicago Public Radio 2010-07-26T18:47:29Z)

Leaks provide ground-level look at Afghan war

WASHINGTON – Some 90,000 leaked U.S. military records posted online Sunday amount to a blow-by-blow account of six years of the Afghanistan war, including unreported incidents of Afghan civilian killings as ... (Source: Olympian 2010-07-26T16:52:57Z)

Severe Weather Pummels Iowa

The Lake Delhi dam in eastern Iowa failed July 24 as rising floodwater from the Maquoketa River ate a 30-foot-wide hole in the earthen dam, causing water to drop 45 feet to the river below and threatening the ... (Source: Insurance Journal 2010-07-26T16:38:38Z)

Gronkowski signs rookie deal

As expected, second-round draft choice Rob Gronkowski has signed with the Patriots, ESPN NFL Insider Adam Schefter reports. That leaves inside linebacker Brandon Spikes (second round) and cornerback Devin ... (Source: ESPN.com 2010-07-25T14:52:27Z)

Flooding Deals Major Destruction To Iowa City

The Lake Delhi dam in eastern Iowa failed Saturday as rising floodwater from the Maquoketa River ate a 30-foot-wide hole in it. Areas below the dam, including in Hopkinton and Monticello were evacuated. "It is simply ... (Source: The Ledger 2010-07-26T03:38:23Z)

Fernando Alonso wins German Grand Prix to lead 1-2 Ferrari finish

HOCKENHEIM, Germany - Fernando Alonso has passed Ferrari teammate Felipe Massa to win the Formula One German Grand Prix. Massa's second place Sunday came on the first anniversary of an accident that nearly killed him ... (Source: Big Hollywood 2010-07-25T14:45:18Z)

Controversial win for Ferrarai

Fernando Alonso controversially led a Ferrari one-two at the German Grand Prix yesterday after Felipe Massa appeared to be given orders to let his team-mate past. Red Bull's Sebastian Vettel was third at his home Grand ... (Source: Go Jamaica 2010-07-26T15:12:44Z)

Prosecutor: Ron Blagojevich money problems led to sale of Pres. Obama's U.S. Senate ...

A federal prosecutor tells jurors that former Illinois Gov. Rod Blagojevich tried to sell the U.S. Senate seat vacated by Barack Obama because of his money problems. In closing arguments, prosecutor Chris Niewoehner said ... (Source: Today's THV 2010-07-26T17:50:13Z)

Cloud SCM Vendor ITradeNetwork Being Sold for $525 Million

IDG News Service — Roper Industries said Monday it plans to buy on-demand SCM (supply chain management) software vendor iTradeNetwork from private equity firm Accel-KKR for US$525 million. The transaction is ... (Source: CIO 2010-07-26T15:27:03Z)

Patriots agree on Rob Gronkowski deal

T he Patriots [ team stats ] want to be more proficient scoring in the red zone, and one of the potential keys to making that happen this season, rookie tight end Rob Gronkowski, came to terms on a deal yesterday ... (Source: Boston Herald 2010-07-26T09:07:40Z)

Weekend Box Office: Inception Launches Strong, Sorcerer's Apprentice Flops

Proving yet again that originality does not breed contempt at the box office, Christopher Nolan's Inception scored a strong opening weekend with $60 million, while Disney uber-producer Jerry Bruckheimer ... (Source: Indie Wire (blog) 2010-07-18T15:43:42Z)

BP Credit Default Swaps Fall, Apache's Rise Amid Alaska Sale Speculation

July 12 (Bloomberg) -- Carl Larry, president of Oil Outlooks & Opinions LLC, talks about the outlook for BP Plc and his investment strategy for energy stocks. BP is in talks with Apache Corp. to sell assets ... (Source: Bloomberg 2010-07-13T00:54:51Z)

Accel-KKR Sells iTradeNetwork for $525 Million

Accel-KKR said on Monday that it has agreed to sell iTradeNetwork , a software technology focused on the food industry, to Roper Industries for $525 million in cash. The sale of iTradeNetwork, which claims more than ... (Source: New York Times Blogs 2010-07-26T12:20:57Z)

Accel-KKR sells iTradeNetwork for $525M

Accel-KKR on Monday announced it has agreed to sell iTradeNetwork Inc. to Roper Industries Inc. for $525 million in cash. Accel-KKR, a Menlo Park-based private equity firm, said the sale is expected to close ... (Source: San Francisco Business Journal 2010-07-26T12:56:44Z)

Summer Movie Preview - JULY - 'Inception,' 'Salt,' 'The Last Airbender,' 'The Sorcerer's Apprentice'

Leonardo DiCaprio plays a dream thief in "Inception," director Christopher Nolan's follow-up to "The Dark Knight. PHOTO: Warner Brothers JULY is the year's most lucrative movie-going month since almost every major ... (Source: Examiner 2010-07-20T07:34:34Z)

An Interesting Note on the McCourty Negotiations

The Patriots got 2nd round draft pick Rob Gronkowski under contract yesterday, while linebacker Brandon Spikes is also reportedly getting closer to reaching a deal.  That leaves just first round draft pick Devin ... (Source: PatsFans.com 2010-07-26T16:02:51Z)

'Inception' trumps 'Salt' with $43.5M weekend at the box office

Leonardo DiCaprio's "Inception" has won a battle of superstar action thrillers over Angelina Jolie's "Salt" at the weekend box office. "Inception" remained the No. 1 movie for the second-straight weekend with ... (Source: Atlantic City Press 2010-07-26T10:40:44Z)

Vision Solutions Completes Double-Take Buy

Irvine-based Vision Solutions said today that it has completed its acquisition of Double-Take Software , which develops high availability and disaster recovery software. The deal was worth $242M. Vision Solutions said ... (Source: socalTech.com 2010-07-26T15:55:41Z)

Prosecutors begin closing arguments in corruption trial of former Ill. Gov. Rod ...

Federal prosecutors have begun closing arguments in the corruption trial of ex-Illinois Gov. Rod Blagojevich. It's their last pitch to jurors after a seven-week trial that's been littered with names like ... (Source: FOX News 2010-07-26T17:57:23Z)

'Inception' trumps 'Salt'

LOS ANGELES (AP) — Leonardo DiCaprio's "Inception" has won a battle of superstar action thrillers over Angelina Jolie's "Salt" at the weekend box office. "Inception" remained the No. 1 movie for the second-straight ... (Source: Odessa American Online 2010-07-26T15:27:03Z)

Dam break could mean end of Iowa's Lake Delhi

MONTICELLO, Iowa (AP) — The future of Lake Delhi is in limbo. For decades the nine-mile-long lake offered a northeast Iowa retreat. But when the dam broke Saturday, the lake drained away in hours. Homeowners in the ... (Source: KIMT 2010-07-26T18:40:20Z)

Pentagon scrambles to assess Wikileaks damage

The documents are described as battlefield reports compiled by various military units that provide an unvarnished look at combat in the past five years, including U.S. frustration over reports Pakistan ... (Source: Olympian 2010-07-26T16:52:57Z)

Box office: 'Inception' opens big; 'Sorcerer's Apprentice' fails to cast a spell

A risky bet on an original and sophisticated adult thriller paid off at the box office this weekend, while an attempt to create a new franchise flopped. "Inception," which was marketed in large part on the ... (Source: Los Angeles Times 2010-07-18T16:40:58Z)

Alonso wins German Grand Prix

HOCKENHEIM, Germany — Fernando Alonso has passed Ferrari teammate Felipe Massa to win the Formula One German Grand Prix. Massa's second place Sunday came on the first anniversary of an accident that nearly killed him ... (Source: Everett Herald 2010-07-25T16:39:50Z)

'Inception' trumps 'Salt' with $43.5M weekend

LOS ANGELES -Leonardo DiCaprio's "Inception" has won a battle of superstar action thrillers over Angelina Jolie's "Salt" at the weekend box office. "Inception" remained the No. 1 movie for the second-straight weekend ... (Source: AOL News 2010-07-26T12:13:47Z)

U.S. drones kill 12 militants in Pakistan

DERA ISMAIL KHAN, Pakistan — Unmanned U.S. aircraft fired missiles at houses in two different parts of northwestern Pakistan on Sunday, killing at least 12 militants in attacks that occurred hours apart ... (Source: Army Times 2010-07-26T16:10:00Z)

Alcoa Plans Biggest Debt Offering in Two Years Today

(Adds size of sale in first paragraph.) July 26 (Bloomberg) -- Alcoa Inc., the largest U.S. aluminum producer, plan to sell $1 billion of notes as soon as today in its biggest offering in two years, according ... (Source: BusinessWeek 2010-07-26T16:24:19Z)

The End of a Host-Based Replication Era

July 26, 2010 – Vision Solutions Inc. finalized the acquisition of Windows, Linux and cloud-data recovery provider Double-Take Software today for $242 million in cash – three times Double-Take's fiscal 2009 revenue ... (Source: Information Management 2010-07-26T18:11:42Z)

Alcoa Plans Sale of 10-Year Notes, First Offering of Debt Since March 2009

Alcoa Inc ., the largest U.S. aluminum producer, plan to sell notes as soon as today in its first debt offering since March 2009, according to a person familiar with the transaction. The 10-year note issue ... (Source: Bloomberg 2010-07-26T14:58:25Z)

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