Articles about Acquisition

Benioff on being hacked: We're looking into some next-gen fax machines

Marc Benioff is many things. But a whiner is not one of them. Asked on stage today at the Intel Capital Global Summit about the hack of Salesforce board member Colin Powell and the resulting release of the company's highly confidential mergers and acquisition strategy, Benioff was surprisingly upbeat. "On one level, it was …
Kieren McCarthy, 26 Oct 2016
CSIRO Parkes Radio Telescope

FireMon buys FortyCloud

Security firm FireMon has signed a deal to buy FortyCloud, a cloud infrastructure security broker. Terms of the deal, announced Tuesday, were undisclosed. In a statement, FireMon said the acquisition would allow it to expand its enterprise security management platform across all major cloud platforms. FireMon’s technology …
John Leyden, 25 Oct 2016
Comically sad tearful man doing fake-looking wail of despair. Photo by Shutterstock

Capita's head of tech solutions resigns

The head of Capita’s technology solutions division Simon Furber is the most recent capo to leave the biz. His departure comes as the outsourcing Goliath issued its first ever profit warning in which it blamed a drop-off in the reseller businesses in the IT Enterprise Services subsidiary for a £30m shortfall in sales. A Capita …
Kat Hall, 25 Oct 2016
Verizon's FiOS promo shot

Verizon boss: Yahoo! email hack 'is a big deal to us', we'll decide new price next month

Verizon is going to decide how much it is willing to pay for Yahoo! next month when an investigation into its massive security breach is completed. Speaking at Intel Capital's Global Summit in San Diego on Monday, Verizon CEO Lowell McAdam said that the breach last month, which saw 500 million people's email accounts …
Kieren McCarthy, 24 Oct 2016

Clinton, Trump actually agree on something – blocking AT&T's Time Warner mega-buy

AT&T's proposed $84.5bn acquisition of Time Warner is already facing a gauntlet of opposition from government officials and activists. With the announcement of the deal less than 48 hours old, both leading presidential candidates have indicated they would oppose the merger after taking office due to concerns of over- …
Shaun Nichols, 24 Oct 2016
Donald Trump

Bad news, Trump. NASty storage is pretty popular, too

Block-based storage (and particularly that based on Fibre Channel) has always been the favoured child when it comes to vendors talking about their products and solutions. All of the high-end performing devices tend (but not exclusively) to be block-based. However we’re seeing an increased focus on high performance NAS …
Chris Evans, 24 Oct 2016
disk head crash

Kroll Ontrack acquired for US$410m by LDiscovery

Data recovery and discovery outfit Kroll Ontrack has been acquired, for US$410m. Kroll Ontrack's buyer is LDiscovery, LLC, an outfit that specialises in data management services for law firms. Kroll plays in that field, too, but also boasts expertise in home and business data recovery services that see the firm prise open …
Simon Sharwood, 24 Oct 2016
Studio shot of LEGO minifigure Batman and Superman standing by a water cooler with drinks. Copyright: cjmacer Editorial Credit: cjmacer / Editorial Use Only.

AT&T buys Time Warner for US$85.4bn or 1.25 Dell-EMCs

AT&T has agreed to acquire Time Warner for US$85.4bn. Time Warner is a content company that owns HBO, Warner Brothers, Cartoon Network, cable news channel CNN, celebrity gossip outfit, DC Comics, major sporting web sites and plenty of other brands. AT&T is the United States' leading mobile carrier, and also operates …
Simon Sharwood, 23 Oct 2016
Privacy image

Gartner's seers pass judgement on storage industry leaders

Gartner has published a distributed file systems and object storage magic quadrant with the top three suppliers being Dell EMC, followed by IBM and Scality. The research consultancy defines distributed file systems and object storage as "software and hardware solutions that offer object and/or scale-out file technology to …
Chris Mellor, 21 Oct 2016

IBM throws ISP under a bus for Australia's #Censusfail

IBM has blamed a supplier for causing the failure of Australia's online census, which went offline on the very night millions of households were required to describe their disposition. Big Blue's submission (PDF) to Australia's Standing Committees on Economics, which is conducting an Inquiry into the Preparation, …
Simon Sharwood, 21 Oct 2016
Burning money, photo via Shutterstock

Verizon: Data center sale going nicely. Yahoo! bid? Not so much

US telecom giant Verizon says it has formally begun talks with Yahoo! on adjusting the terms of their merger. Speaking to analysts during the company's fiscal Q3 2016 earnings call, CFO Fran Shammo said that Verizon's lawyers had their first meeting with Yahoo! brass yesterday to discuss the breach of a half billion Yahoo! …
Shaun Nichols, 20 Oct 2016

NCC stirs in 'lumpy' bits of Fox, produces sales gravy. But market still chokes

UK-based infosec outfit NCC Group has weathered a tricky summer period that involved some contract deferrals and cancellations while still managing to post a profit. Group revenues for the four month till the end of September increased £79.6m compared to £58.5m in the same June to September period last year. The increased …
John Leyden, 20 Oct 2016

NSA, GCHQ and even Donald Trump are all after your data

Comment As production and usage of data keeps growing globally, it’s worth remembering that the US government wants access to your information and will use warrants, decryption or hacking to get to it. That’s not news and the US government has many tools in its box. Many had already heard of the Uniting and Strengthening America by …
Frank Jennings, 20 Oct 2016
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Yahoo! begs! US! spymaster! Clapper!: Spill! the! beans! on! secret! email! snooping!

Yahoo! has asked the US government to break its silence on the secret court order that forced the Purple Palace to scan its webmail users' messages for specific keywords. In a letter [PDF] to US Director of National Intelligence James Clapper, Yahoo! general counsel Ron Bell says that national security laws prevent the online …
Shaun Nichols, 20 Oct 2016
ExoMars TGO orbit insertion image (ESA)

Just what Europe needs – another bungled exit: Mars lander goes AWOL

It's not a great day for space watchers. The European Space Agency's Schiaparelli Mars lander may have failed during its descent to the Red Planet. Meanwhile, NASA's Juno spacecraft orbiting Jupiter has gone into "safe mode" unexpectedly. The Schiaparelli lander was carried to Mars from Earth by the ESA's Trace Gas Orbiter ( …

Dell-EMC, Pure Storage disengage from legal brawl

The IP dispute between Pure Storage and (Dell) EMC is over with Pure paying some cash to Dell and getting a licence to the disputed patent. The background to the dispute can be read here, following the hot-links through the stories. It seems two things prompted the settlement: the setting aside of a $14m award to EMC in …
Chris Mellor, 19 Oct 2016
Photo by Christoph Dernbach

Yahoo! hides! from! financial! analysts! amid! email! hacking!, privacy! storm!

Yahoo! had little to say on its looming tie-up with Verizon, as the Purple Palace turned in quarterly numbers that managed to beat analyst expectations. Speaking only briefly on the recent comments from Verizon about adjusting the $4.8bn acquisition deal in the wake of security and privacy problems, Yahoo! CEO Marissa Mayer …
Shaun Nichols, 18 Oct 2016
Axe Cutting Wood

LogMeIn collapses its 'Cubby' Dropbox clone into LogMeIn Pro

LogMeIn is mostly-closing “Cubby”, it's little-known Dropbox clone. In an email sent to users, the company says it “plans to retire Cubby from its current line of products.” Cubby is a vanilla sync 'n' share product with the usual come-for-the-free-capacity, please-please-please-cough-up-for-more-storage business plan. That …
Simon Sharwood, 18 Oct 2016

Mysterious algorithms, black-box AI recruiters are binning our résumés

Analysis When you submit a résumé for a position at a large company, you may or may not be contacted for further information or an interview. Either way, you probably won't know why. Applicant tracking systems (ATS), the software used by employers to manage employment applications, are not generally open to public scrutiny. "Unless …
Thomas Claburn, 17 Oct 2016
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Apple hires CMU AI guru Russ Salakhutdinov to lure over more talent

Apple has hired Russ Salakhutdinov, an associate professor in the deep learning department at Carnegie Mellon University, to oversee its AI research and improve relations with academia. Salakhutdinov says he is excited to join Apple as a director of AI research, even as he continues his work at CMU. He also extended an …
Thomas Claburn, 17 Oct 2016
A person hiding in a box

Yahoo! cancels! earnings! call!, dodges! hacking! questions!

Yahoo! has taken the unusual step of cancelling the conference call following its earnings announcement on Tuesday. Public companies usually announce their results and then stage a conference call in which senior executives deliver set pieces before taking questions from financial analysts, institutional investors and, …
Simon Sharwood, 17 Oct 2016

Salesforce rules out Twitter bid

Salesforce CEO Marc Benioff has ruled out making a play for Twitter. Speaking to the Financial Times, Benioff said “... we’ve walked away. It wasn’t the right fit for us.” Twitter's 2015 revenue was US$2.21 billion, a decent sum. Sadly it's still losing money at a rate of about $100m a quarter. The micro-blog also faces slow …
Simon Sharwood, 17 Oct 2016
Losing money

The IRS spaffed $12m on Office 365 subscription IT NEVER USED

A report on spending from the office of the US Treasury Inspector General for Tax Administration (TIGTA) claims that between June 2015 and June 2016, the tax collectors paid $12m for subscriptions on Microsoft Office 365 and Exchange Online that were never used. The TIGTA report [PDF] found that in 2014, the IRS kicked off a …
Shaun Nichols, 14 Oct 2016
Cash in brown paper envelope CC 2.0 attribution

Japan's SoftBank teams up with... Saudi Arabia to launch $100bn London tech fund

SoftBank and Saudi Arabia's sovereign wealth fund are preparing to launch a technology investment fund, to be based in London, which will invest as much as $100bn into the global tech sector. Tentatively dubbed the SoftBank Vision Fund, the investment vehicle will operate over the next five years and will be seeded with $25bn …
Stamped word 'nope'

Verizon!'s top! lawyer! ponders! walking! away! from! Yahoo! gobble!

Verizon has acknowledged that it could call off its $4.8bn acquisition of Yahoo!, after the Purple Palace fell victim to the largest user data breach on record. Speaking with reporters at an event Thursday, Verizon general counsel Craig Silliman said Verizon does feel the exposure of 500 million Yahoo! Mail accounts could …
Shaun Nichols, 13 Oct 2016
A broken phone

3,500 Verizon call center workers can't hear you now

US telecom giant Verizon says it will be closing seven US call centers and tossing the jobs of 3,500 employees in limbo in the process. The mobile service and network carrier says the sites in California, New York (two locations), Maine, Nebraska and Connecticut (two locations) will be closed and the jobs moved into other call …
Shaun Nichols, 13 Oct 2016
Cats eating a burrito and a taco

Metronet gobbles up hosting firm for £47.5m, instantly doubles in size

Manchester-based network services provider Metronet has snapped up infrastructure and hosting firm M247 for £47.5m. The combined business will have three data centres, over 200 staff, a combined turnover of more than £40m, and earnings before interest, taxes, depreciation and amortisation (EBITDA) of £12m. It means the ISP …
Kat Hall, 13 Oct 2016

WD flashes first SanDisk drives: Blue and Green

WD has produced Blue and Green branded SATA SSDs, based on SanDisk technology, with these brands having been used for WD disk drives previously. The Green brand is for secondary storage, being reliable, cool and eco-friendly whilst Blue products are built for PC primary storage use. Other WD brand colours include Black for …
Chris Mellor, 12 Oct 2016

Google Pixel: Devices are a dangerous distraction from the new AI interface

Analysis There was a distinct whiff of the retro about Google’s launch of its Pixel smartphone. Exclusives with selected large mobile operators; yet another attempt to create a unified Android experience; even the clear focus on Apple as the primary competition – all these should be issues of the past. "Premium is a very important …
Wireless Watch, 12 Oct 2016

SSDs in the enterprise: It's about more than just speed

Enterprise solid state drives are gaining traction, but their predominant focus is still performance. The need for speed has driven SSDs into applications where HDDs previously reigned, but for those of us who aren’t high-frequency traders, solid state will need to demonstrate some other benefits. What are they, and how …
Danny Bradbury, 11 Oct 2016

Yahoo! halts! email! forwarding! to! outside! email! addresses!

Yahoo! has “temporarily disabled” the ability to forward email from its messaging services. As the Plunging Palace's support page helpfully explains, “Automatic forwarding sends a copy of incoming messages from one account to another.” That page goes on to say the feature is “under development.” “While we work to improve it …
Simon Sharwood, 11 Oct 2016
Intel's Stratix 10 ARM-base FPGA

Intel is shipping an ARM-based FPGA. Repeat, Intel is shipping an ARM-based FPGA

Intel's followed up on its acquisition of Altera by baking a microprocessor into a field-programmable gate array (FPGA). The Stratix 10 family is part of the company's push beyond its stagnating PC-and-servers homeland into emerging markets like high-performance computing and software-defined networking. Intel says the quad- …
Snow White waves goodbye. Photo copyright Disney

Disney aims for Netflix. If the deal was made, it would shoot itself in the foot

Analysis People that invest in Netflix and people that invest in Disney should never meet each other – they would not get on. But it seems there is a danger, according to the Wall Street Journal, that the two shall be thrown together in an unholy Alliance. While we can totally see the logic of such a deal, and how theoretically it …
Faultline, 10 Oct 2016
Oracle and Sun logo

NetSuite gobble? We'd walk

Oracle has extended the expiration date of its tender offer for the acquisition of NetSuite to November 4, 2016, but says this will be its final extension and that it will "terminate its proposed acquisition" if the deal can't be done by its new deadline. Big Red's US$9.3bn offer has been resisted by shareholders who feel it …
Simon Sharwood, 09 Oct 2016
Zilog's IXRD1004 High Power Two-Phase Digital Power Factor Correction (PFC) reference design

Zilog reveals very, very distant heir to the Z80 empire

Mostly-forgotten silicon-maker Zilog is alive and has just released a new product that shares a little DNA with the Z80 CPU that powered many of the earliest mass-market microcomputers. The Z80 famously powered Sinclair's iconic ZX 80, ZX 81 and Spectrum computers. The CPU also made it into the Radio Shack TRS-80, the Osborne …
Simon Sharwood, 07 Oct 2016

Verizon! 'wants! a! discount!'

Verizon is reportedly looking to knock as much as $1bn off the price it will pay for NSA mail-sorter Yahoo! A report from the New York Post cites unnamed sources in reporting that Verizon is seeking a reduction in the agreed acquisition price in the wake of the two latest scandals to hit the beleaguered Purple Palace. An …
Shaun Nichols, 06 Oct 2016
Twitter for Mac New

Twitter to take buyer bids

Revenue-averse Microblogging site Twitter is opening up its doors to a potential acquisition. A report from the Wall Street Journal cites sources familiar in reporting that this week, Twitter is entertaining bids from potential buyers. Among the possible suitors named was Marc Benioff. The founder is said to be …
Shaun Nichols, 05 Oct 2016

TalkTalk gets record £400k slap-slap from Brit watchdog

The UK Information Commissioner's Office (ICO) has issued TalkTalk with a record £400,000 fine for allowing attackers to access customer data “with ease”. The penalty comes at the same time as the ICO publishes its in-depth investigation of last October's megabreach, which the office claims “could have been prevented if …
image by Alexander_P

If someone can translate Salesforce's $700m cool Krux plan into English, we'd be really grateful

Salesforce is buying data aggregator and analytics outfit Krux for US$700m in cash and shares. Exactly what Krux, based in San Francisco, does is hidden in wonderfully esoteric babble speak. It allegedly "provides a holistic system for consumer engagement and data governance, helping marketers, media companies, and agencies …
John Cleese, Ronnie Barker and Ronnie Corbett in the Frost Report Class sketch

NetApp, storage class memory and hyper-convergence

Architecting IT blog There have been rumours that NetApp plans to move into the hyper-convergence market, followed up by The Reg's Chris Mellor here. If they are indeed true, the intention shouldn’t be a surprise in some respects. As the storage market fragments, the incumbents have to adapt to the needs of customers, and hyper-converged systems …
Chris Evans, 03 Oct 2016
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SETI's mega alien hunt shovels more data onto IBM's cloud

The SETI project, which hunts for alien life and has generated hundreds of terabytes of data every day, has poured its bits over IBM’s cloud for citizen scientists to pick over. SETI – the Search for Extra Terrestrial Intelligence – is releasing 16TB of radio telescope transmissions drawn from the Allan Telescope Array to …
Gavin Clarke, 30 Sep 2016
Venomous snake

Avast closes AVG buyout

Avast has closed the acquisition of one-time free-of-charge security scanner rival AVG Technologies. The combined entity boasted more than $700m in revenue for 2016 and 400 million customers, with significant mobile and SMB market share. Vince Steckler has been named the chief executive officer of the new Avast, with AVG’s …
John Leyden, 30 Sep 2016
head of 50s-style robot

Amazon: Students, we'll give you $2.5m for a chat-up, AI?

Amazon is offering teams of university students the chance to claim their share of a $2.5m prize for developing the best “socialbot” capable of holding a natural language conversation. The Alexa Prize, detailed by Amazon chief technology officer Werner Vogels on his personal blog, will see university teams slug it out in a …
Dan Robinson, 30 Sep 2016
Image: Serazetdinov

Security analyst says Yahoo!, Dropbox, LinkedIn, Tumblr all popped by same gang

Five hackers are said to be behind breaches totalling up to a staggering three billion credentials from some of the world's biggest tech companies including the Yahoo! breach that led to the loss of 500 million credentials. The claims, made to The Reg by recognised threat intelligence boffin Andrew Komarov, pin the world's …
Darren Pauli, 30 Sep 2016
Pot calling the kettle black

Salesforce asks Europe to stop Microsoft buying LinkedIn after itself trying to buy LinkedIn

Salesforce has called on the European Commission to block Microsoft's acquisition of LinkedIn. A widely circulated statement from Salesforce Chief Legal Officer Burke Norton says “By gaining ownership of LinkedIn's unique dataset of over 450 million professionals in more than 200 countries, Microsoft will be able to deny …
Simon Sharwood, 30 Sep 2016
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Oracle's Coach Larry needs Microsoft plays to beat Amazon

Analysis SAP. Crack! IBM. Snap! Salesforce. Bang! Workday, I can see you - come over here... In the locker room that is Oracle’s quarterly conference calls with Wall Street, somebody’s ass is always on the receiving end of a sharp thwack from the towel of head coach Larry Ellison. Ellison has zinged his verbal towel off many a noble …
Gavin Clarke, 29 Sep 2016
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When two tribes go to war: Docker Swarm on the left, easier-to-install Kubernetes on the right

Analysis Container orchestration software Kubernetes reached version 1.4 this week, an act of "user empathy" as described by Google developer advocate Kelsey Hightower, because ease of use has been something of an afterthought. "Over the past few releases we've been working hard on easing the complexity of getting a well-maintained, …
Thomas Claburn, 29 Sep 2016

‘Inflexion point’ BlackBerry washes hands of hardware biz

Here’s your chance to design your own BlackBerry. BlackBerry today ended its 17-year adventure as a phone-maker with CEO John Chen announcing “a new strategic direction focussed on licensing our secure device software and the BlackBerry brand.” There will still be BlackBerrys – a new one is imminent - but BlackBerry won’t make …
Andrew Orlowski, 28 Sep 2016
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DoJ okays Netsuite slurp

Oracle says the United States Department of Justice has approved its planned acquisition of NetSuite. Big Red says "the all-cash tender offer for NetSuite at $109.00 per share, set to expire on October 6, 2016, will proceed as planned assuming the minimum required number of shares are tendered." That's still an uncertain …
Simon Sharwood, 28 Sep 2016

NetApp facelift: FAS hardware refresh and a little nip ONTAP

NetApp has comprehensively refreshed its all-flash FAS and hybrid FAS arrays, adding performance, capacity and scalability upgrades, and supporting 32Gbit/s Fibre Channel and 40GbitE connectivity. ONTAP also gets upgraded, with Azure support for ONTAP Cloud This follows on from the E-Series launch of the entry-level all-flash …
Chris Mellor, 26 Sep 2016