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Articles about Acquisition

Larry Ellison, photo by Oracle Corporate Communications

Oracle's $5 BEEELLION acquisition zeppelin looms over Micros Systems

Database and software megafirm Oracle is mulling a multi-billion-dollar acquisition of hospitality and retail tech vendor Micros Systems. The two companies are currently in "exclusive talks" about Oracle buying the company for over $5bn, Bloomberg reported on Tuesday. Such an acquisition would help Oracle combat the slowdown in …
Jack Clark, 17 Jun 2014
management strategy2

Bytes Tech Group in 'early' talks with acquisition target

Bytes Technology Group (BTG) is courting management at a software services target as the ink still dries on yesterday's contract to offload its Xerox concessionaire. The Surrey-based business that has South African owners, sold the Bytes Document Solutions to fellow Xerox player Xeretec for an undisclosed sum as it was not …
Paul Kunert, 02 May 2014

US Justice Department on Microsoft's Nokia acquisition: 'Go for it'

The US Department of Justice has given its approval to Microsoft's acquisition of Nokia. The next step in the deal's finalization will up to the EU, which has said that it will issue its decision this Wednesday. The DOJ's go-ahead came in the form of a notice, released Monday by the US Federal Trade Commission's Bureau of …
Rik Myslewski, 02 Dec 2013
European Union Flag

How much? Who knows. EC gagging order on DiData acquisition continues....

Dimension Data will only chow down on the entire European organisation of NextiraOne once certain sales criteria are met, the South Africa-HQ'd NTT-owned integrator whispered to us as the European Commission comms blockade continues. Acquisitive DiData has emerged as a suitor of the comms and networking reseller NextiraOne but …
Paul Kunert, 04 Dec 2013
Columns of coins in the cloud

Pivotal pivots with Xtreme Labs acquisition

VMware's cloudy spinoff Pivotal has acquired mobile development and consulting company Xtreme Labs for a reported $65m. The acquisition of the Canadian mobile development company was announced on Wednesday by Pivotal, and will see Xtreme Labs merged into Pivotal's large development organization. "Today's acquisition further …
Jack Clark, 02 Oct 2013

Popular app gets Apple acquisition for founder

A minnow app maker has been swallowed by Apple for an undisclosed sum. Australian readers with long memories will know the name Dr John Papandriopoulos: some years ago, he gained fame as a contributor to research into very-high-speed DSL services, something which saw him head to the US to work briefly with DSL development outfit …
Xbox One Kinect

Chipzilla gives computers the finger with gesture acquisition

Israel is again the haunt of keen-eyed gesture-kit acquisition specialists, with Omek Interactive reportedly trousering $US40 million to fall into the warm embrace of Intel, and Apple paying more than passing attention to Primsense. Demonstrating its faith that world+dog wants nothing more than a computer they can wave at, …
Apache Mahout

Cloudera acquisition: It's a Myrrix(cle)

Cloudera has acquired a company and its founder to help it develop expertise in machine learning. The acquisition was announced by the company on Tuesday when Sean Owen, founder of machine-learning company Myrrix, announced that he would be joining Cloudera as its Director of Data Science in London, and the Myrrix technology …
Jack Clark, 16 Jul 2013

FCC approves SoftBank's acquisition of Sprint

The $21.6bn acquisition of Sprint by Japan's SoftBank is now a go: as expected from rumors earlier this week, the FCC has ruled unanimously to approve it. "Today is a good day for all Americans who use mobile broadband services," acting FCC chairwoman Mignon Clyburn said in a statement accompanying the lengthy ruling. "After …
Rik Myslewski, 06 Jul 2013

CA piles into API management with Layer 7 acquisition

CA Technologies has hopped into API management via the acquisition of Layer 7 technologies as the company continues to reinvent itself for the software-as-a-service era. The acquisition follows a similar move by Intel to acquire Mashery last week, and API Management company Mulesoft's announcement it had trousered a further $37m …
Jack Clark, 22 Apr 2013
Mike Lynch

'Brit Bill Gates' was powerless to stop HP's Autonomy acquisition

Mike Lynch didn't fall out of love with Hewlett-Packard, it was HP which didn't know what it wanted. So says "Brit Bill Gates" Mike Lynch, who has even suggested HP's initial advances under then chief executive Leo Apotheker were unsolicited - possibly even unwanted - and that he was powerless to stop the acquisition. Speaking …
Gavin Clarke, 01 Mar 2013

IBM takes a shine to Lighthouse, gobbles bouncer-in-the-cloud biz

IBM has acquired upstart Lighthouse Security Group, which lets sysadmins manage user accounts and identities in an off-premises cloud. Big Blue said the privately held Rhode Island firm will, fittingly, join the IT giant's Security Identity and Access Management group. Lighthouse already bases its Gateway service on IBM's Tivoli …
Shaun Nichols, 11 Aug 2014

Samsung bags second Internet of Home Stuff home firm in a week

Samsung has announced its second smart home slurp in a week with the acquisition of heating, ventilation and air conditioning distributor Quietside. Samsung Electronics America said that it had agreed to buy the firm, which already distributes Sammy products, but didn’t disclose the terms of the deal. The company said that …
bug on keyboard

Cisco slurps security scanner

Cisco has continued the expansion of its security portfolio with the acquisition of malware analysis outfit ThreatGRID. The acquisition target was founded in 2012, one of the then-burgeoning number of companies that pushed malware analysis, threat intelligence, and security analytics into the cloud (supplemented by an on-premise …
Monster Beats Pro

Dr Dre's crew gets Beats-down from Apple: 200 jobs to go – report

Apple is planning to axe around 200 people from its new acquisition Beats Electronics, according to reports. Both Bloomberg and 9to5 Mac had folks whispering in their ears that the fruity firm would be making the job cuts now that its $3bn slurp of the headphones and music streaming biz was well underway. The deal was recently …
channel

Hitachi Data Systems on the acquisition trail again

Hitachi Data Systems has announced its intention to buy Shoden Data Systems. Data systems companies have to stick together, right? Shoden, a systems integration supplier to data centres, is based in South Africa and has a UK operation as well as others across sub-Saharan Africa. It has been an HDS partner for 11 years, supplying …
Chris Mellor, 05 Oct 2011
Suitcase bulging with cash

Atmel buys more IoT capability

Atmel, best known as a maker of microcontrollers and capacitive touchscreens, is expanding its Internet of Things footprint with the acquisition of low-power wireless chip designer Newport Media. Newport Media started out life shipping TV system-on-a-chip (SOC) devices, and during 2012 and 2013 branched out into 802.11n, 802.11b …

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014

Avago divests another chunk of LSI to Intel

Fresh from its acquisition of LSI, Singapore-based Avago Corporation has carved out the Axxia network processor business and flogged it to Chipzilla for US$650 million. Axxia's silicon targets data centre networking applications with PowerPC and ARM architecture devices for switches and line cards. The company has around 650 …
T-Mobile Sprint

Sprint spits out T-Mobile US gobble bid, says goodbye to CEO – claim

Sprint is set to give up its attempt to acquire T-Mobile US and plans to replace its own CEO, or so it is claimed. The Wall Street Journal cited unnamed sources in reporting that fears monopoly watchdogs would nix the merger led US carrier Sprint to abandon its pursuit of T-Mob US. The deal was rumored to be worth as much as US$ …
Shaun Nichols, 06 Aug 2014
james_rigby_md_sch2

SCC bulging with cash, plans acquisition spree

SCC chief exec James Rigby has talked up a "programme of investment" for his company as it waves goodbye to its wholesale arm, Specialist Distribution Group, that was sold to Tech Data for £220m. The deal, announced in the summer, received the all clear from the European Commission's competition watchdog after it decided there …
Paul Kunert, 02 Nov 2012

Ah ha, mon amour violet ... French Iliad attempts to nibble on T-Mobile US

French telco Iliad has made a surprise offer to acquire a majority stake in mobile carrier T-Mobile US, though the bid may have already been shot down. Following multiple press reports, Iliad confirmed it was indeed making an offer to buy out a 56.6 per cent stake in T-Mob US. "The US mobile market is large and attractive," the …
Shaun Nichols, 01 Aug 2014
FCC logo

FCC not quite sold on Comcast TWC gobble

The US Federal Communications Commission (FCC) is requesting more information from cable giant Comcast on its planned acquisition of Time Warner Cable (TWC). The Commission sent a letter (PDF) to Comcast's regulatory and legislative office asking the company to provide details on just how its subscriber networks align with those …
Shaun Nichols, 22 Aug 2014

Cloudera taps new CEO for inevitable IPO push or acquisition

Big-data hotshot Cloudera has a new CEO: Tom Reilly, an industry veteran who has guided other tech firms to profitable acquisitions. But don't automatically assume that the privately held Cloudera is shopping itself around – an IPO is also a real possibility. Judging from some changes among Cloudera's top brass, it looks like …

Texan firm buys disaster recovery bods Neverfail

UK business continuity specialist Neverfail has been acquired by US-based Artisan Infrastructure in a quiet and unannounced deal. Ex-Neverfail MD Martin Mackay said: ”I am not at liberty to give details but we have indeed been acquired by Artisan. They liked our product set a lot and this is good news for customers, partners, …
Chris Mellor, 29 Jul 2014
management cio2

Hungry Brit giant Daisy Group plans to gobble 'mid-market' tech sector

Logicalis can add group CTO to its list of vacant staff roles as current incumbent Chris Gabriel heads for the door to join mid-market comms and tech beast Daisy Group. Slough-based Logicalis is already looking for a local chief techie to cover the UK and Ireland. The exit of big hitter Gabriel will likely come as a blow to the …
Paul Kunert, 06 Aug 2014

Pure Data buys tech services biz Servatech

Yorkshire has witnessed some M&A channel activity with infrastructure reseller Pure Data Solutions leaping into the IT services market after coughing a six figures sum for minnow Servatech. The deal that closed yesterday afternoon will see 38 services bods and techies at Servatech transfer to the new owners, though they will …
Paul Kunert, 01 Aug 2014
padlock

Palo Alto Networks splashes $US200 million on Cyvera

Palo Alto Networks has announced that it's buying Tel Aviv-based Cyvera for $US200 million, including $US88 million in cash. The attraction is the Israeli company's TRAPS (Targeted Remote Attack Prevention System), an endpoint protection system for Windows machines, which PAN will add to its existing firewall and cloud security …

OK Google: Gobble chat app Emu. OK Google, now shut down Emu

Google has confirmed that it has opened up its wallet to acquire the development team behind the mobile chat app Emu. The web giant has not said what Emu's developers will work on at the Chocolate Factory, but we do know that the new jobs will not include maintaining any of the startup's products. Members of the Emu team posted …
Shaun Nichols, 06 Aug 2014
hands waving dollar bills in the air

InMage now InMicrosoft: Redmond slurps disaster recovery hardware biz

Microsoft has made another acquisition that lets it sit Azure-friendly data-protection gear inside customers' server warehouses. Just days after telling its partners that it is preparing to sell StorSimple storage gear that comes pre-loaded with software built for its Azure cloud, Microsoft on Friday announced it had acquired …
Jack Clark, 11 Jul 2014
Marc Benioff

Salesforce fires tractor beam at RelateIQ, hauls upstart into mothership

Salesforce has announced plans to acquire younger rival RelateIQ, a move that will shore up its core customer relationship management business with some advanced technology. The software-as-a-service giant said in an SEC filing published on Friday that it had agreed to pay $390m to purchase CRM startup RelateIQ for $350m in …
Jack Clark, 11 Jul 2014

EMC is shopping for Indian startups

EMC has revealed that it's set aside US$2.3 billion for acquisitions, and is tagging the startup sector in India as one target for its shopping expeditions. The company has told India's The Economic Times in India that it has a particular eye for startups in that country. Chirantan Desai, who heads up EMC's emerging technology …

Google straps on Jetpac: An app to find hipsters, women in foreign cities

Google has bought Jetpac, an image-recognition app that uses Instagram photos to help travelers find what they’re looking for in cities – women or hipster moustaches, for example. The software's website declared that it was joining the internet behemoth and would be taking its apps off the App Store and ending support for them …

IBM's SPSS buyout: FBI cuffs two on insider trading charges

Two stockbrokers have been arrested and charged with insider trading related to IBM’s £1.2bn acquisition of software firm SPSS in 2009, after three others pleaded guilty. Daryl Payton Jr and Benjamin Durant III have both claimed innocence in the face of charges of conspiracy and securities fraud after being arrested by the FBI …

BlackBerry: We'll buy Angela Merkel's phone security company. HA!

BlackBerry has bought privately held German firm Secusmart as part of its drive to become the handset provider of choice for security-conscious clients such as government agencies and big businesses. Secusmart, which specialises in voice and data encryption, was already a partner of the one-time business phone giant, providing …
LSI WarpDrive section

Seagate in surprise $450m LSI Flash gobble

Wow! Didn’t see that one coming; Seagate has scooped up the LSI flash business from Avago, rewriting the flash product supply business at a stroke, and speeding the concentration of flash product supply into fewer hands. Avago bought LSI in December 2013 for a cool $6.6 billion. Now Seagate will buy LSI’s flash biz, the …
Chris Mellor, 29 May 2014

Yahoo! continues quest for youth with yet another acquisition

Marissa Mayer has continued her acquisitions spree with the purchase of gaming software house PlayerScale for an undisclosed sum. "We are happy to announce the next big step toward our goal of building the best possible gaming infrastructure platform: we have been acquired by Yahoo!" said PlayerScale's CEO Jesper Jensen. "And …
Iain Thomson, 23 May 2013
Red Hat Shadowman

Red Hat snaps a Ceph-ie: Upstart Inktank gobbled for $175m

Open-source slinger Red Hat has bulked up its cloud storage arsenal by buying Inktank, the main developer of Ceph for about $175m in cash. The acquisition of Inktank was announced on Wednesday, and means the Linux distro maker will field two distributed storage systems in the form of Ceph (block and object) and GlusterFS (file …
Jack Clark, 30 Apr 2014

Privacy warriors lob sueball at Facebook buyout of WhatsApp

Privacy groups have filed with the US Federal Trade Commission to try to block Facebook's $19bn acquisition of WhatsApp until the social network comes clean on how it's going to use the personal data of the messaging service's 450 million users. Non-profit groups the Electronic Privacy Information Centre and the Centre for …

Cisco swallows Tail-f, burps out network orchestration plans

Cisco has – depending on your attitude – either bolstered its cloud portfolio or knocked out a competitor, with the $US175 million acquisition of Swedish network orchestration vendor Tail-f. The company and its staff will be Borged into Cisco's Cloud and Virtualization Group led by Gee Rittenhouse, on completion of the cash and …
Spitfire cockpit

Dick enters the cockpit, takes controls at NTS

Capita IT Services is waving goodbye to Jonathan Lassman, the long-serving managing director at security reseller NTS UK, which Crapita acquired roughly six weeks ago. Lassman rocked up at NTS in 2004, and is leaving just shy of 10 years at the biz. A Capita spokeswoman framed the departure as being a personal decision – and it …
Paul Kunert, 01 May 2014

Keep your iPhone calls private, whispers Signal

The crew at Open Whisper Systems has announced Signal, an app offering encrypted voice calls between iPhones. The open source group has been working on its projects ever since Whisper Systems, co-founded by Moxie Marlinspike, was acquired by Twitter in 2011 – an acquisition that took its Redphone Android project offline, amid …
Red Hat Shadowman logo

Speaking in Tech: Red Hat, Cisco sitting in a tree, m-e-r-g-i-n-g?

speaking_in_tech Greg Knieriemen podcast enterprise It's El Reg's tech news podcast with hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, the whole crew is together with special guest Aaron Delp of SolidFire. This week we discuss… Eddie's roller coaster (0:55) Cloudcast and the Krispy Kreme Challenge (2:00) …
Team Register, 09 Apr 2014

Qualcomm puts $US300M price on Wilocity's head

Qualcomm is reportedly getting ready to acquire high-speed 60 GHz WiGig chip-maker Wilocity, according to a report out of Israel. According to financial site TheMarker, the mobile silicon vendor is putting a $US300 million price tag on the acquisition (original here). Qualcomm, along with Marvell Semiconductors, was part of an …
globalisation

Distie acquisition helps Tech Data beat the street

Tech Data increased sales for the three months ended 31 October 2010 by 9.2 per cent to $6.16bn. The distie giant's profits for the period were up to $81m, compared to $65.1m for the same period last year. This gives earnings per share of $1.07, compared to 84 cents in 2009. Operating margin was 1.31 per cent, compared to 1.15 …
John Oates, 22 Nov 2010
apothekerCHANGES2

Autonomy ex-moneyman: 'Visionary' Léo would have made HP merger work

The former chief financial officer of Autonomy has struck back against HP's claims that he defrauded it and its shareholders, arguing that HP's execs were solely responsible for bungling the company's $10.2bn acquisition of Autonomy in 2011. "HP's Opposition swells with bile, but its sound and fury signify nothing," lawyers for …
Neil McAllister, 12 Aug 2014
FlashMAX_III

HGST refreshes $685m flash tech: Go-faster FlashMAX PCIe card

HGST claims it has doubled the price/performance of its FlashMAX PCIe flash card, lowering the maximum capacity and moving to gen-3 PCIe from gen-2. These cards came to HGST when its parent, Western Digital, bought Virident and its FlashMAX II PCIe flash product line in 2013 for $685m. Now we have the updated FlashMAX III line …
Chris Mellor, 04 Aug 2014
The Register breaking news

Internode falls to iiNet acquisition temptation

Popular Adelaide-headquartered national ISP Internode, a pioneer in Australia’s ADSL2+ market and vocal critic of National Broadband Network price strategies, is to be acquired by number two broadband provider iiNet. The $AU105 million buy, announced on December 22 to the Australian Securities Exchange, may not be greeted with …
Facebook connection map

'Press Like for 1MB of data': Facebook picks up Pryte in-app data tech

Facebook has acquired the team behind in-app data payment software Pryte for an undisclosed sum as part of its plans to lower the cost of accessing its software in developing countries. The acquisition was disclosed by Helsinki-based Pryte on Tuesday. The software company's team indicated it will work with Facebook's internet …
Jack Clark, 03 Jun 2014
T-Mobile Sprint

POW! Sprint kills T-Mobile US bid ... BAM! CEO Hesse is out

Sprint has confirmed industry rumors by announcing the departure of its CEO, and has abandoned its pursuit of T-Mobile US. The telco said Wednesday morning that big cheese Dan Hesse will leave the biz and hand the reins to Brightstar CEO Marcelo Claure. Hesse will leave the position effective Monday, August 11. Claure cofounded …
Shaun Nichols, 06 Aug 2014