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

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
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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
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
cloud

Ex-EMC exec to head up SDN switch vendor Plexxi

SDN switch vendor Plexxi has snapped up the former head of EMC's VNX storage array business, Rich Napolitano, as CEO. Founder and board member David Husak remains with the company as EVP of strategy and engineering, and has been working with Napolitano for some time, since the latter has been on the Plexxi board. In the company …

Gorilla Glass maker gobbles Samsung's fibre optic biz

Samsung is selling off its fibre optics business to US smartphone glass supplier Corning, including production facilities in China and South Korea. Naturally, the companies didn’t share the terms of the deal, but Corning said it expected to complete the acquisition in by the end of the first quarter next year. Corning, which is …
Slurp

Samsung gobbles Proximal Data for server-side SSD

Samsung has announced that it has slurped caching company Proximal Data, as first reported by The Reg, to try to enhance its SSD-based software for server systems. The company specialises in server-side caching software with I/O intelligence that work within virtualised systems like ESXi hypervisor and Microsoft’s Hyper-V. “ …
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Hungry Advanced Computer Software gets swallowed for £725m

Acquisition-hungry Advanced Computer Software (ACS) has itself been acquired by private equity firm Vista for £725m. Vin Murria, chief executive of the healthcare and biz management software and services firm, said the deal would help ACS move to its "next stage of its growth". She said: "ACS' value has grown from £32m to £725m …
Kat Hall, 25 Nov 2014
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
Pair of pliers with other tools

Belden buys Tripwire for $710m: Will keep network burglars out of Internet of Things things

Signal transmission firm Belden has agreed to buy security tools firm Tripwire for $710m in cash. The deal, announced Monday, is expected to close in the first quarter of 2015, subject to customary closing conditions. Tripwire's security and compliance products, such as Tripwire Enterprise, will be further developed and …
John Leyden, 10 Dec 2014

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
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 …

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 …
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 …
money notes lifted up

Private equity downs WAN furtler Riverbed in $3.6bn gulp

+Comment WAN optimiser and app speeder Riverbed is being bought by private equity house Thoma Bravo for $3.6bn. Riverbed failed to grow sufficiently and its business foundered somewhat, opening it up to the attentions of activist investor Elliott Management. That's the same investor that is pushing EMC for a VMware sell-off. In October …
Chris Mellor, 15 Dec 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
Lyft cars

Ban? What ban? Lyft buys carpool app maker Hitch

Ride-sharing service Lyft is looking to boost its carpooling service with the acquisition of smaller rival Hitch, even though both companies could be in violation of California state laws. The company said that Hitch, which specializes in a ride-sharing service similar to Lyft Line, would should down effective Tuesday and all …
Shaun Nichols, 24 Sep 2014
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 …

Yahoo! Slurps! Indian! Google! Docs! Lookalike!

Yahoo! has picked up Bangalore company Bookpad in a deal described as strengthening the Yahoo! Mail service. Bookpad is responsible for a service called Docspad, an online file editing operation, which would give the Purple Palace a little bit of the kind of functionality people have learned to expect from competitors like Gmail …

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

WD and HGST: We tried to merge our two drive makers, MOFCOM said NO, NO, NO

Analysis Although WD’s acquisition of HGST was approved over two years ago, Chinese regulatory authority MOFCOM is still preventing the full integration of their respective drive-making ops. The Ministry of Commerce of the People’s Republic of China (MOFCOM) has always maintained it was not keen to see WD and its HGST subsidiary move …
Chris Mellor, 10 Dec 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 …
O2 XDA Argon

BT in talks to RE-SLURP O2 after spitting it out a decade ago

BT could be the new owner of Blighty mobe network O2 if talks with Spanish parent Telefonica go well. The ex-national telco has confirmed the talks, which were first reported on Spanish website El Confidencial. Sources told the site that Telefonica was keen on selling O2 to British Telecom in return for a 20 per cent stake in …
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

UK print peddler Annodata slips ring on Berkshire firm's finger

Hertsfordshire-based print services and comms house Annodata has wolfed down once-high-flying enterprise infrastructure supplier Keltec for an undisclosed sum. The pair went public on the marriage today that will see a bunch of vendor accreditations including the HP Gold, VMware Enterprise Solution Provider and Veeam Gold Pro …
Paul Kunert, 03 Nov 2014
HockeyApp + Microsoft logos

Microsoft shells out the pucks for analytics firm HockeyApp

Microsoft has acquired HockeyApp, a service for testing and analysing apps in development for iOS, Android, Windows Phone and Mac OS, for an undisclosed amount. The Stuttgart-based team launched HockeyApp in 2011. Using the service, developers can deploy preview apps to testers, get feedback, analyse crash reports, and view …
Tim Anderson, 11 Dec 2014

Lenovo still ‘not satisfied’ despite MEGA PROFIT rise

PC giant Lenovo continued its (slow) march toward world domination in the second quarter, as profits climbed a very healthy 19 per cent to $262m and revenue rose seven per cent to $10.5bn, compared with the same period last year. The Chinese computer tech company shipped a record amount of kit for the three months to September, …
Kat Hall, 06 Nov 2014
Lufthansa plane

Europe rubber-stamps IBM Lufthansa outsourcing gig

The European Commission has given IBM the green light to splash $1.25bn on Lufthansa's tech infrastructure wing. As part of the deal, which includes an outsourcing agreement, the airline will split its subsidiary, Lufthansa Systems, into three companies, offloading the infrastructure division to Big Blue. "The Commission …
Kat Hall, 18 Dec 2014

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

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 …

Lenovo to finish $2.1bn IBM x86 server gobble in October

Lenovo will finally get to close the deal on IBM’s x86 server division on 1 October – after slicing a few hundred million off the price tag. The Chinese tech firm will finish the acquisition with a closing purchase price of $2.1bn, which is a little lower than the original $2.3bn price tag because of a change in the valuation of …
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Yahoo close to investing $20m in disappearing chat app Snapchat

Yahoo! is close to a deal where it would invest $20m of its Alibaba pot in startup Snapchat, valuing the IM service at around $10bn, according to reports. The Wall Street Journal and the Financial Times said that familiar people had told them that Yahoo! had started negotiations with the idea of investing up to $50m, but that …
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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
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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 …

HOW MUCH did WD pay for Skyera? Join the dots, work it out

Comment We at El Reg suggested yesterday, Monday, that WD paid up to $400m for the all-flash array upstart, but WD has since mailed us to say that's wrong. Jim Pascoe, WD's corporate marketing director, told us: "You estimated that Skyera had secured $90m-$100m of funding following on from seed finance. In fact, the total amount Skyera …
Chris Mellor, 17 Dec 2014

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
Tom Reilly Cloudera CEO

Why Intel's Kings of Xeon handed Cloudera a $740m cash pot

Analysis Why did the Kings of Xeon bet so big on Cloudera, lobbing $740m at it earlier this year and pushing any IPO well into the future? Cloudera, founded in 2008, and distributing Hadoop plus analytics software for big data munching, was a well-funded startup with a string of investment rounds up until 2013. When CEO Tom Reilly came …
Chris Mellor, 03 Dec 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

Brit telco goes shopping again, tosses Telindus UK into trolley

British telco telent has hoovered up troubled network service provider Telindus UK for an undisclosed sum, its second major acquisition this year, as market convergence moves gains pace with cloud seemingly the meeting point. This is the latest carve up of the Telindus Group, owned by Belgacom, with the Spanish and Irish ops …
Paul Kunert, 04 Nov 2014
Denmark Minecraft map

What the BLOCK? Microsoft to gobble Minecraft-maker 'for $2bn'

New Microsoft boss Satya Nadella has set his sights on Minecraft maker Mojang as his first major acquisition, according to whispers. The move is probably worth the rumoured $2bn price tag in “woah” value alone, since it's practically the only thing that could have diverted attention away from Apple's iStuff launch on Tuesday. …
Gun and dollars

Ex-Autonomy execs: HP's latest wad blows apart fraud allegations

Another week, another round in the ongoing bunfight between HP and the former management team of Autonomy. This time, the ex-Autonomy bods have claimed that new court documents filed by HP prove the latter has misrepresented the reasons why it had to write down $8.8bn in its botched acquisition of Autonomy in 2011. In a lengthy …
Neil McAllister, 12 Sep 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