Articles about Acquisition

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Nimble Storage ticks over nicely but will shareholders want more revs?

Nimble Storage's revenue of $97.1m for the second quarter of its fiscal year 2017 beat its guidance of $93m - $96m, which is good, and it generated a loss of $40m; better than the previous quarter's $42.7m loss but worse than the $30.1m it lost in Q2 last year. On the annual compare, revenues were up 21.2 per cent – excellent …
Chris Mellor, 24 Aug 2016

Syncsort inhales Cogito, ergo Big Data and Big Iron can be friends

Big iron, big data and cloudy tools biz Syncsort has bought UK software biz Cogito to help it bring IBM mainframe database data into Big Data analytics, and to make the mainframes run better. Syncsort was originally a mainframe data sorting company, but it now focuses on Extract-Transform-Load (ETL) capabilities for Hadoop and …
Chris Mellor, 23 Aug 2016
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LTE-U’s window is closing and bigger 5G disputes may be coming

One of the presumed outcomes of the 5G process is full convergence of licensed and unlicensed spectrum, with one or more air interface standards which can span both, using frequencies entirely flexibly according to requirement. This is a very long way off, if the current quarrels over extending LTE into licence-exempt bands are …
Wireless Watch, 22 Aug 2016
A man buried in paperwork

This MySpace investor keeps spamming Google with lawsuits – and the ad giant just wants him to stop

Google has asked a US court to stop a former MySpace investor from repeatedly filing suit against it. The web advertising giant this week told (PDF) the US District Court for Northern California that Brad Greenspan has been burdening its lawyers and racking up its legal bills by constantly filing motions in a lawsuit that was …
Shaun Nichols, 19 Aug 2016

UK's mass-surveillance draft law grants spies incredible powers for no real reason – review

IPBill An independent review into bulk surveillance powers in the forthcoming Investigatory Powers Bill has warned that there is no proven case to let British snoops hack the planet. The study group examined the UK government’s Operational Case for Bulk Powers [PDF], which provided the government’s reasons for needing the most …

Nutanix has swallowed something. Cough once if you're OK, guys

We’ve been banging on about Nutanix buying PernixData. Now tech consultant Justin Warren has noticed this nugget in an amended Nutanix S1 filing to the SEC: Acquisition On August 5, 2016, the Company entered into a stock purchase agreement to purchase all shares outstanding of a technology company in exchange for 528,517 …
Chris Mellor, 18 Aug 2016

Adapt is finally bought by American biz Datapipe

Struggling London-based managed service provider (MSP) Adapt has fallen into the arms of acquisitive US firm Datapipe for an undisclosed amount. After its acquisition of cloudy startup DualSpark last year, Datapipe has now purchased UK-based pure-play MSP Adapt to offer itself a bit more in the European market. New Jersey- …
Robot AI Woman

Chip giants pelt embedded AI platforms with wads of cash

Analysis Artificial intelligence and machine learning engines are underpinning many emerging applications and services, from making sense of big data for enterprises, to supporting hyper-personalized consumer content, or virtual reality gaming. The current challenge is to move AI from the supercomputer to the mobile device, supporting …
Wireless Watch, 17 Aug 2016
Oculus Rift

Oculus Rift will reach UK in September – and will cost more than two PS4s

If you don't particularly enjoy reality then you can look forward to not particularly enjoying virtual reality when the Oculus Rift headset reaches UK retailers in September. While the headset may not quite be the miserable simulacra Jean Baudrillard wrote of, its expected retail price of around £549, as well as the necessity …
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Summer of Salesforce: CRM cloud swallows tiny pattern-recog firm

Salesforce has made its second acquisition of the month, and its fourth since June. The CRM-as-a-service player is buying business analytics provider BeyondCore for an undisclosed sum. BeyondCore examines data sets using pattern-recognition technology using a set of patented algorithms that combine machine learning and …
Gavin Clarke, 16 Aug 2016

Ingram Micro $6bn sale to Chinese logistics biz delayed

Ingram Micro has pushed out the completion date of its $6bn sale to Chinese logistics provider Tianjin Tianhai to let the Committee on Foreign Investment in the US (CIFUS) review national security implications. The world’s largest tech distributor said last night the “end date” to conclude the deal had been “extended” to 13 …
Paul Kunert, 12 Aug 2016

Toshiba flashes 100TB QLC flash drive, may go on sale within months. Really

+Comment The Flash Memory Summit saw Toshiba deliver a presentation about quad-level cell (QLC) technology – adding substantially to the prospect of a product being delivered in the "near future". We heard about QLC NAND last month: it uses four bits per cell to hold your data. After Seagate tantalized us with a 60TB SSD, along comes …
Chris Mellor, 10 Aug 2016
A 56k dial-up modem

ISP roundup: Google mulls fiber-less Fiber, America goes Wow, Comcast still terrible

A flurry of news from internet service providers (ISPs) in the US has picked up what is normally a slow summer season. According to a report from the San Jose Mercury News, Google's planned rollout of its Fiber broadband service in the Bay Area has hit a snag, as the Chocolate Factory is considering a change of course. The …
Shaun Nichols, 09 Aug 2016

US.gov to open-source made-to-order software, allow contributions

United States chief information officer Tony Scott and chief acquisition officer Anne E Rung have issued a joint memo decreeing that henceforth all government agencies need to consider open-sourcing any bespoke software they commission. The memo (PDF), issued on Monday, notes some code-sharing across government but says it is …
Simon Sharwood, 09 Aug 2016
Cash register, photo via Shutterstock

Big Red alert: Oracle's MICROS payment terminal biz hacked

Hackers infected hundreds of computers within Oracle, infiltrated the support portal for its MICROS payment terminals division, and potentially accessed sales registers all over the world. The miscreants installed malware on the troubleshooting portal to capture customers' usernames and passwords as they logged in. These …
Shaun Nichols, 08 Aug 2016

BlackBerry: Forget phones, Lawsuits In Motion is back – and it's firing off patent claims

Analysis When Blackberry announced earlier this year it was going to give up making mobile phones, most wondered what it would actually do as a company. Part of the answer is rebadged Android gear. Now another part has arrived in a new lawsuit lodged against internet telephony company Avaya: BlackBerry's going to become a patent troll …
Kieren McCarthy, 05 Aug 2016
Cables containing fibre, etc. Photo by Shutterstock

Virgin signs up record ultrafast broadband subs

Sales at Virgin Media rose 3.2 per cent to £1.2bn for the UK broadband provider's second quarter compared with the previous year - as it signed up record ultrafast broadband subscribers. Operating income fell 24 per cent to £79m mainly due to "increases in related-party fees". Business sales rose 5.5 per cent to £167m, while …
Kat Hall, 05 Aug 2016
900cc Fiat 500 should be called the Fiat 900

Samsung Electronics reportedly ponders buying Fiat parts

Samsung Electronics is considering an acquisition of Magneti Marelli, the Fiat-Chrysler-owned automotive parts supplier. Magneti Marelli makes exhausts, suspensions, power trains, internal plastics and other in-car essentials and sells them to auto-makers other than its parent companies. Samsung is probably more interest in …
Simon Sharwood, 05 Aug 2016
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Fortinet axes two per cent of workforce, chops 100 sales, ad staff, execs

Fortinet has laid off 100 sales and marketing staff along with an unknown number of executives, as part of a company wide restructure that has axed about two percent of its workforce The job losses flow from the company's acquisition of IT operations analytics outfit AccelOps in June 2016. Fortinet told The Register in a …
Team Register, 05 Aug 2016

Sales staff exodus at PernixData as Nutanix gobbles up caching biz

Analysis Amid mounting evidence that Nutanix has bought PernixData, both companies are still keeping their lips firmly and officially sealed. Pernix insiders and several well-placed industry sources have now confirmed the acquisition privately to The Register. Separately, Dan Edson – senior director of marketing operations, automation …
Chris Mellor, 04 Aug 2016
David Scott of HP

Gone Goel: HPE changes storage leadership

Comment It was recently reported that Manish Goel, HPE’s head of storage, had left the company. This seems to be one of a number of changes, including the departure of cloud head Bill Hilf. Although I didn’t meet him directly, Goel presented to the bloggers/influencers at the latest HPE Discover event in Las Vegas. Goel took over …
Chris Evans, 04 Aug 2016

Microsoft has stopped cutting sales fees for resellers? Yep

Microsoft has quit hacking into fees paid for channel software sales, and reselling clouds is getting more profitable – these seemed to be the major takeaways from top brass at Insight Enterprises in an enterprising Q2. Revenue at group level went up two per cent to $1.46bn, but this top line expansion was driven purely by the …
Clodagh Doyle, 04 Aug 2016

Nutanix bought PernixData to slurp caching firm's IP brains

Comment Although not officially announced, it looks like the acquisition of PernixData by Nutanix is a done deal. Confirmation came from Frank Denneman, Dutch blogger and former tech evangelist for Pernix who has now left the company. So what can we make of this? What benefit is there in taking a caching technology and adding it to …
Chris Evans, 03 Aug 2016
Giant burger

Juniper Networks grabs silicon photonic developer Aurrion

Juniper Networks is jumping into the silicon photonics business, with the acquisition of fabless designer Aurrion. Founded back in 2008 by Intel/IBM alumnus Dr Alexander Fang, Aurrion has spent the last eight years developing and commercialising indium phosphide-based (InP) transceivers. Integrating InP into silicon …

Domain name bods NetNames netted by CSC Global

Domain biz NetNames has been flogged to US biz services outfit CSC Global for an undisclosed sum. Private Equity biz HgCapital has decided to offload NetNames after taking the publicly-listed outfit private in autumn 2011 for £153m, but it said little else about today's transaction. The deal isn't a massive surprise, as we …
Kat Hall, 02 Aug 2016
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Liberata in £43m buyout by Japanese firm OUTSOURCING Inc

OUTSOURCING Inc (OSI) – a Japanese player that does what it says on the tin – has acquired UK public sector BPO specialist Liberata for £43m. The buyer is has spread its tentacles via more than 70 subsidiaries into outsourcing across multiple industries including engineering, manufacturing, administrative and recruiting. …
Paul Kunert, 02 Aug 2016
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Salesforce's US$582m giggle: It buys cloud collaboration biz Quip

Salesforce has decided there's money in boring stuff: it's bought into office productivity with the acquisition of document/spreadsheet collaboration outfit Quip. That purchase means the cloudy CRM vendor is trying a move that's failed many times before, namely trying to find a profitable niche for a Microsoft Office …
Verizon corporate building

Verizon gobbles Fleetmatics

Verizon will soon be adding to its business service offerings thanks to a $2.4bn acquisition. The US telecoms giant has agreed to acquire Dublin-based Fleetmatics, a company that specializes in GPS-tracking tools for businesses. The Fleetmatics SaaS allows companies to check on delivery or service vehicles and track driver …
Shaun Nichols, 01 Aug 2016
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IBM’s DeepFlash 150: Got half a million bucks for a fat, fast JBOF* box?

Combine WDC’s SanDisk InfiniFlash with IBM’s Spectrum Scale and you have the DeepFlash 150 array: probably the world’s fastest parallel file system box. WDC’s InfiniFlash IF150 has from 128TB to 512TB of capacity in its 3U enclosure with up to 64 x 8TB MLC flash cards. It has a 12Gbit/s SAS interface. SanDisk claims it can …
Chris Mellor, 01 Aug 2016

HPE – yours for $40bn?

Hewlett Packard Enterprise (HPE) continues to be at the center of multiple acquisition talks. A fresh round of rumors has the Hewlett Packard spin-off looking to either sell off its software business or accept an outright bid to be purchased in-full. A Reuters report claims that buyout firms are in talks with Meg Whitman and …
Shaun Nichols, 29 Jul 2016
Still from tv show three's company  copyright  	DLT Entertainment The Program Exchange FremantleMedia /cbs

Three owner Hutch lobs sueball at EU over failed O2 buy

The owner of mobile network Three UK, CK Hutchison, has lodged a legal challenge against the European Commission. The Telegraph, which broke the story, says a filing has been filed with the General Court (formerly the Court of the First Instance), after the European Competition Commission blocked the acquisition by Hutchison. …
Andrew Orlowski, 29 Jul 2016
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WD disk revenues spin slower as its flash fireworks go off

WDC beat its own better-than-expected preliminary results estimates with a $3.495bn quarter but swung to a $351m loss with fewer disk units sold. Layoffs are coming. Revenues for the fourth fiscal 2016 quarter, ended July 1, were 9.2 per cent higher than a year ago and 24.8 per cent up on the previous quarter. This quarter …
Chris Mellor, 29 Jul 2016
Raspberry Pi Zero

Avnet sees Dätwyler's bid for Raspberry Pi slinger, raises to £868m

Avnet, the American technical component distributor, has come in at the 11th hour to outbid an existing offer for Premier Farnell, distributors of the Raspberry Pi. Farnell was all set to be sold to Swiss group Dätwyler Holding for £792m, including debt, but a new offer from Avnet with an enterprise value of £868m has now been …

O2 sales dip 9% as tight-fisted Brits cling to their old handsets

Sales at O2 UK fell by 8.9 per cent to €3.46bn (£2.91bn) for the first half of the year, as customers opted to hang on to their old handsets rather than upgrade. Sales for the quarter fell even further by 12.3 per cent year-on-year to €1.71bn (£1.4bn). However, Philip Carse, an analyst at Megabuyte, notes that, given the weak …
Kat Hall, 28 Jul 2016
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Boo hoo. Brexit to hit Capita's bottom line

Outsourcing giant Capita has hinted that the UK's decision to leave the EU will have an impact on its bottom line, while recording a sales increase of 5 per cent to £2.4bn for its first half-year results. Profit before tax rose by 27 per cent to £186.1m, compared with the same period in 2015. Andy Parker, chief exec of Capita …
Kat Hall, 27 Jul 2016
Close up of etched silicon

Brit chip bods ARM quietly piling up cash. Softbank will be happy

Cambridge-based processor design business ARM has posted substantial revenue and profit increases for the months in the runup to the Brexit vote. The company being bought by Japanese megacorp Softbank for £24.3bn, though Softbank has promised that this will be a Brexit in ownership only. ARM will retain its "senior management …
Lady  standing on a hand with a megaphone shouting into mans ear

QLogic boosted profits 700% in a year. What's that chomping sound?

In its last quarter as an independent company, QLogic grew revenues 2.6 per cent and profits by 700 per cent in a year. Its future lies inside Cavium and it has to deal with a declining Fibre Channel business. Revenues of $116.4m were ahead of the year-ago $113.4m but down on the seasonally-higher prior quarter’s $119.4m. Net …
Chris Mellor, 27 Jul 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
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ClusterStor is clearly alive (but Havant's still closing) – Seagate VP

Seagate's ClusterStor arrays do have a future, despite the company's PR side refusing to answer a direct question about them. After Seagate spokespeople declined to comment on the matter, Ken Claffey, veep and general manager of the company's SSG unit got in touch. He had this to say about the Havant factory closure in the UK …
Chris Mellor, 26 Jul 2016
Poison pill

Micron sets a canary to watch over its stock in case of takeover

A filing in the Securities Exchange Commission has set the hounds running on speculation that Micron Technology is the latest takeover target in the ongoing consolidation of the chip business. The filing, in the arcane language of SEC documents, gets to the point in this statement: “[N]o person will become an Acquiring …
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EMC XtremIO has its quirks but rumours of its death are overblown

Comment A rumour from last week implied EMC was considering shutting down its XtremIO product line. How likely is it – and is there any basis to EMC taking this direction? The rumour seemed to come from a number of separate parties, although we can’t exclude a clever viral marketing campaign from a competitor. XtremIO history EMC …
Chris Evans, 25 Jul 2016

Yahoo! She said yes. Verizon confirms $4.8bn acquisition

Verizon has today confirmed it will splash out $4.83bn (£3.7bn) buying Yahoo, with the deal expected to close in the first financial quarter of next year. The telco was one of 40 suitors rumoured earlier this year to be interested, including Google parent Alphabet, Time and even Daily Mail parent DMG. Yahoo! has been on a …
Kat Hall, 25 Jul 2016
Fibre, image via Shutterstock

Not-BT-Openreach' biz CityFibre sextuples pipeline

Cable-layer CityFibre has booked a six-fold increase in contracts during its first half of 2016, with £53.8m in the pipeline compared with £8.1m for the same period last year. New contracts signed in the period comprise 3,702 new customers, more than three times the total amount on the books in 2015 (1,110), and more than …
Kat Hall, 25 Jul 2016
Dell e-commerce site

Revealed: How Dell can afford $67bn for EMC – by selling $650k laptops

World exclusive Dell's ingenious strategy for financing its audacious $67bn acquisition of EMC is a secret no more. Dell is already facing a staggering debt mountain to fund the takeover. Now a crack Reg investigative team can reveal that the Round Rock computing giant has an ambitious plan in place to raise the cash necessary for the deal …
Shaun Nichols, 22 Jul 2016

Yahoo! sale! almost! done!

The long-running saga over the fate of Yahoo! may be nearing its end. A report from Bloomberg suggests that Verizon is in the final stages of acquisition talks with the embattled web pioneer. The deal would reportedly top out at around $5bn, which may or may not include the huge tracts of Silicon Valley real estate Yahoo owns …
Shaun Nichols, 22 Jul 2016
Twilight Zone, 'Time Enough At Last'

Free Windows 10 upgrade: Time is running out – should you do it?

Microsoft's free Windows 10 upgrade offer runs out this Friday, 29 July 2016, one year after the initial release, and a few days before the Anniversary Update. "This is more than a one-time upgrade: once a Windows device is upgraded to Windows 10, we will continue to keep it current for the supported lifetime of the device – …
Tim Anderson, 22 Jul 2016
Mellanox bluefield

Mellanox plans to SoC it to storage speed with Multi-ARM BlueField

InfiniBand and Ethernet adaptor biz Mellanox has storage acceleration SoCs coming to provide faster external array access across NVMe fabrics. Mellanox CEO Eyal Waldman talked about NVME over Fabrics (NVMeF) in his company's second quarter 2016 earnings call. His company makes InfiniBand and Ethernet networking devices, and is …
Chris Mellor, 22 Jul 2016

Ingram Micro and Tianjin Tianhai: Go on, PROBE us

Ingram Micro and the Chinese logistics giant Tianjin Tianhai that wants to buy it confirmed they are to submit the proposed $6bn bid for review to the Committee of Foreign Investment in the United States. This is an about-turn because Ingram - the world’s largest tech distributor - previously said the deal would not “fall …
Paul Kunert, 22 Jul 2016
Burning money, photo via Shutterstock

AT&T: Money? Oh, sure, no I'm fine – I'm doing great (if you ignore my phone business)

AT&T says wireless revenues are down in what was an otherwise solid quarter for the US telecom giant. Its second quarter of 2016 [PDF] period was, overall, a success thanks to solid returns from the newly-acquired DirecTV. They were, however, tempered by falling revenues in other areas. Quarterly revenues were $40.5bn, up 22 …
Shaun Nichols, 21 Jul 2016
Shouting match

XtremIO heading for the bin? Total BS, thunders CTO Itzik Reich

Storage industry jungle drums heard by El Reg suggest EMC is axing XtremIO product line development and putting it into maintenance mode due to scalability and data availability issues. EMC vehemently denies this, saying it's absolute FUD. Three independent sources say XtremIO is headed for a maintenance-only retirement home …
Chris Mellor, 21 Jul 2016