Articles about Acquisition

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Swiss defence firm snaps up Brit security outfit Clearswift

Swiss aerospace and defence firm RUAG has slurped UK cyber security outfit Clearswift from private equity owner Lyceum Capital, the financial terms of which were not disclosed. The buy continues a recent trend of aerospace and defence companies investing into cybersecurity armoury, exemplified by Raytheon's acquisition of …
John Leyden, 20 Dec 2016
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Pound's plunge opens UK's tech SMBs to foreign buyouts - analyst

The £24bn purchase of Brit tech success ARM Holdings by Japan giant Softbank this summer was a contentious affair. The new government claimed it demonstrated that post-EU referendum Britain is “open for business”, although it has also voiced concern about British assets falling to overseas buyers with talk of a more focused " …
Gavin Clarke, 28 Nov 2016
Fibre, image via Shutterstock

It's a nice day for a Net wedding: Macom buys Applied Micro Circuits

Connectivity collaborators Macom and Applied Micro Circuits have decided to tie the knot, with Macom laying out US$770 million in cash and shares to seal the deal. In September, the two companies got together with BrPhotonics to show off a 100 Gbps pulse amplitude modulation (PAM4) module running on a single wavelength. Macom …

Cavium and QLogic sitting in a tree, S I G N I N G

Cavium's hoping to launch a big data centre push on the back of its US$1.3 billion acquisition of server and storage networking outfit QLogic. The cash-and-shares buy will give Cavium a more direct footprint in the data centre, as well as the $350 million-plus on QLogic's balance sheet. Cavium says QLogic's connectivity and …
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Pulsant swallows Onyx – just like we told you they would

Bit barn and cloud services seller Pulsant has confirmed this morning it has devoured fellow data centre services business Onyx. Financial terms were not disclosed but when The Channel exclusively revealed the agreement some weeks ago, our sources told us £65m had changed hands. The buy gives Pulsant an expanded base with …
Paul Kunert, 9 Jun 2016
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Chess makes another move, picks up Lanway

Chess has consumed Burnley-based infrastructure reseller Lanway for an undisclosed sum. The deal adds roughly £21m of top line revenues to Chess, certifications from HPE, Dell, and NetApp and roughly 100 heads to the the payroll. Typically, Chess tends to buy specific divisions at companies rather than the entire company …
Paul Kunert, 2 Jun 2016
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Exertis slurps wireless distie Siracom

One of the UK’s bulkiest tech distributors Exertis has piled on a few more pounds by acquiring wireless infrastructure and security minnow Siracom for an undisclosed sum. Siracom, which also has offices in beautiful Basingstoke, sells products and services from vendors including Samsung, Fortinet and a bunch of lesser knowns. …
Paul Kunert, 7 Apr 2016
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Apple's largest UK reseller Jigsaw24 is for sale

The UK’s largest Apple reseller, Jigsaw24, is for sale, multiple industry contacts have told The Channel. The Nottingham-based B2B seller has hired Deloitte to run the process, a move that comes just three years after private equity outfit NorthEdge Capital (NEC) moved in to back a roll up by the management team. In recent …
Paul Kunert, 18 Mar 2016
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Wanna buy an MSP? Attenda hangs 'for sale' sign round its neck

App hosting, co-lo and managed service provider Attenda is coming onto the market for sale in what is already shaping up to be another year of frenzied M&A activity in the UK tech industry. The Staines-based organisation was due to be put up for sale by owner Darwin Private Equity last year but postponed proceedings amid talk …
Paul Kunert, 22 Feb 2016
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Brit bit barn and hosting slinger C4L Group sold for £23m

LSE-listed Castle Street Investments has slurped network services and bit barn hosting biz C4L Group Holdings for circa £23m. Under the terms of the sale, the investment vehicle - born out of its online dating firm Cupid - will pay £20.2m for C4L’s equity (£14.2m in cash, the rest in shares), and assume £2.8m of debt. C4L …
Paul Kunert, 16 Feb 2016
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Microsoft seller Trustmarque seeks private equity sugar daddy

Exclusive Trustmarque is erecting a for sale sign outside corporate HQ as the management team looks for a new private equity backer to fund a buy-out. The volume licensing reseller-cum-managed services outfit is currently backed by Endless LLP, which swooped for the York-HQ’d business when it faced well publicised cash-flow challenges …
Paul Kunert, 12 Feb 2016
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ANS Group consumes specialist network minnow Eison

Manchester-based converged infrastructure and managed service merchant ANS Group has hoovered up network infrastructure minnow Eison. “This acquisition will further underpin our Hybrid Cloud and data centre strategy,” said Scott Fletcher, ANS chairman and founder. He said the buy paves the way for “intelligent” WAN and …
Paul Kunert, 12 Jan 2016
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EMC: No rival offers, so we're flying solo with Dell

Dell’s proposed $67bn acquisition of EMC edged ever closer this weekend after the storage titan confirmed the end of the so-called "go shop" period that allowed rivals bidders to enter the fray. The biggest deal in tech history was first announced in October when privately-owned Dell stated it will pay EMC shareholders $33.15 …
Paul Kunert, 14 Dec 2015
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Virgin Media daddy Liberty Global swoops on Cable & Wireless Communications

Liberty Global – the owner of UK telco Virgin Media – has agreed to buy Caribbean-based operator Cable & Wireless Communications for £3.5bn ($5.3bn). The cash and stock deal extends Cable Cowboy John Malone's lasso into Latin America. CWC said that the buyout would "enhance customer benefits" and allow the business to grow as …
Kelly Fiveash, 17 Nov 2015
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Intel sprinkles Saffron on its chips, to satisfy its Big Data appetite

Intel's slung some spare silver at Saffron, a cognitive computing business with customers in aerospace, healthcare, insurance and manufacturing. It's yet another Big Data play, with Intel new technology senior veep Josh Walden blogging that the company offers a “fresh look” at big data anlytics. It's almost a copy of today's …
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Reseller SCC slurps up 'minority' stake in SIPCOM

Rigby Group, the parent of Midlands-based tech dynasty SCC, has acquired a minority stake in hosted voice and unified comms-as-a-service outfit SIPCOM. SCC chief James Rigby previously told us in March that customers are shifting from legacy PBXs to a hosted service, and that he intended to buy his way into the market to fill …
Paul Kunert, 9 Oct 2015
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Capita and private equity biz circling, sniffing around Xchanging

What a place employees at troubled Xchanging find themselves this morning: both Capita and private equity firm Apollo Global are bidding to buy the LSE-listed tech biz. The insurance market BPO specialist and software provider confirmed to the City this morning it has permitted both businesses to look under the hood. …
Paul Kunert, 5 Oct 2015
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Accenture barges way into cloud market, buys Cloud Sherpas

Bloated integrator-cum-consultancy Accenture has gulped down cloud advisory and tech services outfit Cloud Sherpas for an undisclosed fee, signalling the start of major consolidation in this part of the market. Privately-owned Cloud Sherpas was born in 2007 and has expanded commercially and geographically over the years via …
Paul Kunert, 15 Sep 2015

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