Articles about Acquisition

Star Wars storm troopers

350,000 Twitter bot sleeper cell betrayed by love of Star Wars and Windows Phone

Computer boffins Juan Echeverria and Shi Zhou at University College London have chanced across a dormant Twitter botnet made up of more than 350,000 accounts with a fondness for quoting Star Wars novels. Twitter bots have been accused of warping the tone of the 2016 election. They also can be used for entertainment, marketing …
Thomas Claburn, 20 Jan 2017
Watson Power7 cluster. Pic: IBM

Elementary, my dear IBM: When will Watson make money?

IBM Watson has taken heat from Wall Street for not adding to Big Blue's revenue as the company reported a 19th successive quarter of decline. The Watson brand won worldwide attention back in 2011 when the supercomputer defeated human contestants during a special series of television quiz show Jeopardy. Now the brand lives on …
Binary data/big data conceptual illustration. Illustration via Shutterstock

StorageCraft gobbles Exablox to become data management monolith

Analysis Backup SW biz StorageCraft has bought Exablox, a startup making scale-out deduping filer arrays using underlying object storage software. The OneBlox arrays feature variable-length deduplication and compression and provide both primary and secondary storage for small and medium enterprise customers. Exablox bundled …
Chris Mellor, 20 Jan 2017
Money down the drain

Avaya files for bankruptcy

Avaya has filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code, which allows organisations to re-organise their affairs in part by temporarily relieving them of obligations to creditors. The company's canned statement positions the decision to seek Chapter 11's protections as a necessary refresh of …
Simon Sharwood, 20 Jan 2017
Google, photo by lightpoet via Shutterstock

I'll have Fabric, Crashlytics... Google crams Twitter mobile dev tools in trolley

Google is set to acquire Twitter's mobile app development platform, Fabric, and assimilate its team within its own development platform, Firebase. The terms of the acquisition have not been revealed, but the Fabric team will join Google's Developer Products Group, working with Google's Firebase team which also offers a mobile …
Space_Shuttle_launch

Hyperconvergered-ception: HPE swallows SimpliVity

Analysis SimpliVity, the second-placed hyperconverged infrastructure appliance startup, has been bought by HPE for $650m, setting the stage for mainstream vendor dominance of the hyperconverged market. HPE now has its own proprietary software stack plus a 3PAR-style hardware-accelerated product line that will fit nicely above its …
Chris Mellor, 18 Jan 2017
axe_648

Toshiba may sell silicon biz to contain fallout of nuke plant problems

A troubled nuclear power station strategy in the USA has Toshiba considering the partial sale of its Japanese semiconductor business. Nikkei (in Japanese) names Western Digital as a potential buyer, along with several investment funds. The company hopes to get between $1.77bn and $2.65bn for a 20 per cent stake in the …
Oculus Rift package

Did Oculus swipe blueprints from rival? Zuck takes the stand

Facebook boss Mark Zuckerberg shed new light on the social network's 2014 acquisition of Oculus VR Tuesday in a Dallas federal court. Zuck took the stand as part of a trial between Oculus and ZeniMax, the rival games developer that has accused Oculus of stealing the virtual reality technology that it uses at the heart of its …
Shaun Nichols, 18 Jan 2017

HPE gobbles SimpliVity for US$650m – well below recent valuations

As predicted by The Register last September, HPE has announced it will acquire hyperconverged contender SimpliVity for US$650m in cash. HPE's canned statement features lots of information about how the hyperconverged infrastructure (HCI) market is going like a train. There's also some spiel about how "bringing together HPE's …
Simon Sharwood, 18 Jan 2017
Jimmy Wales, photo via Shutterstock

Happy birthday: Jimbo Wales' sweet 16 Wikipedia fails

Sixteen years ago, Larry Sanger had the idea for a wiki-based encyclopaedia anyone could edit: the "wiki-pedia". On January 15, 2001, he and Jimmy Wales launched the site. Today, it's everyone's go-to place for quick factlets. Wikipedia's convenience is undeniable. But its anonymously compiled content has flaws and quirks …
Andreas Kolbe, 16 Jan 2017
A businessman in handcuffs

Ex-Autonomy CFO pleads not guilty to charges he inflated the company's value

The ex-chief financial officer of Autonomy, Sushovan Hussain, has pleaded not guilty to charges he inflated the price of his company's $11bn (£9bn) acquisition by Hewlett-Packard. It is the latest development in the ongoing legal spat after HP wrote down the acquisition by a staggering $8.8bn (£7.1bn) in 2012, a year after the …
Kat Hall, 13 Jan 2017
Car polishing photo via Shutterstock

Qualcomm/NXP, Nvidia and Intel: The race to define the car platform

CES 2017 So the stakes are high, and many companies are already playing hard. There were important announcements from two of the most established chip suppliers in the auto sector, NXP and Nvidia – the former particularly closely watched because it will soon be part of Qualcomm. Its launches reminded the industry how strategic an …
Wireless Watch, 12 Jan 2017
Vikings. Credit: History Channel.

Dell EMC lifts the post-acquisition axe, swings

Dell Technologies' 140,000 staffers have been wincing in anticipation for the expected 2,000-3,000 layoffs after the $67bn EMC acquisition completed, and now the wait is over. The axe is swinging and heads have begun to roll. A person close to the events told us: "Almost 80 people have been terminated from the Hopkinton …
Chris Mellor, 12 Jan 2017

Google sends Titan broadband drones to the unicorns' graveyard

Being bought by Google X increasingly looks like a kiss of death: Alphabet has shuttered the Titan project which proposed hosting solar-powered broadband on high-altitude solar-powered drones. The move was first spotted by 9to5Google, which says staff at the division will be farmed out to its Project Loon (broadband …

EU wants power to fine behavioural data bad boys and the ad men aren't happy

The EU has proposed only incremental changes to data protection law in Europe, but their significance lies in a new ability to fine digital services – including the giant platforms – for privacy breaches. The law covers the consent users give to the acquisition and processing of behavioural data. This is considered valuable by …
Andrew Orlowski, 11 Jan 2017
Grain silos by Scott Davis

How do file store-and-share firms avoid that sinking syncing feeling?

Interview With the demise of Bitcasa, EMC selling off Syncplicity, and so forth, the enterprise file sync and share market might appear moribund. What’s happened is a trend of consolidation plus an addition of functionality for other content functions. EFSS on its own is no longer viable. That’s the underlying message we received from …
Chris Mellor, 11 Jan 2017
Handshake

Virgin surprises market by hopping into bed with BT for MVNO love-in

Virgin Media has surprised the market by signing a five-year deal with rival BT to use EE's network. The Mobile Virtual Network Operator (MVNO) deal means BT's EE will provide wholesale mobile network services to Virgin Media, a subsidiary of Liberty Global. Virgin Media has been relatively late to the 4G market, having only …
Kat Hall, 10 Jan 2017
Smart phone crowd photo via Shutterstock

Citrix buys Unidesk for massive Microsoft Windows rollouts

Citrix is updating its decades-old relationship with Microsoft, targeting Windows 10 and the cloud. The company has announced its acquisition of Unidesk – founded in 2007 and inventor of what it calls layering - to streamline corporate rollouts of virtual Windows applications at scale. Layering is a container that wraps up …
Gavin Clarke, 10 Jan 2017
Statue of Liberty

NGO to crowdfund legal challenge against Investigatory Powers Act

Civil liberties advocacy group Liberty is seeking to crowdfund a judicial review of the Investigatory Powers Act. Liberty is launching the legal challenge following a landmark EU ruling in December which found that data retention had to be targeted and not practiced on a population-scale to be lawful. This is not the case …

St Jude patching Merlin@home heart kit

Months after steadfastly denying its heart implants have serious security vulnerabilities, St Jude – now owned by Abbott Laboratories – has issued a patch. The company's press release is here. Last year, a pentester and an investor pulled a now-notorious double act on St Jude, shorting its stock before publishing the …

Is! Yahoo! dead?! Why! web! biz! will! rename! to! Altaba! – the! truth!

Marissa Mayer, the CEO of perennial drain-circler Yahoo!, will step down from its board of directors, along with five other members, after Verizon finishes gobbling up most of the internet portal. And once the acquisition is over, the remaining carcass of Yahoo! will change its name to Altaba Inc. In an SEC filing today, …
Iain Thomson, 10 Jan 2017
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Trello, hello, hello: Todo list biz gobbled by Atlassian for $425m

Freemium digital post-it business board Trello is to be acquired by productivity software floggers Atlassian. The deal is worth $425m, according to TechCrunch, with the productivity software business to pay $360m in cash and $65m in restricted shares and options for Trello. The deal is expected to close by the end of March …

Why the UK is unlikely to get an adequacy determination post Brexit

Opinion This article adds two reasons to why I think a post-Brexit UK is very unlikely to offer an adequate level of protection in terms of the General Data Protection Regulation (GDPR). One reason relates to recent comments made by Prime Minister Theresa May about human rights. The other relates to the non-compliance of the national …
Crazy inventor, image via Shutterstock

Soz fanbois, Apple DIDN'T invent the smartphone after all

iPhone at 10 Apple didn’t invent the smartphone. The iPhone wasn’t as good as many of the other phones the likes of Nokia, Sony Ericsson and Motorola were selling to the mobile networks. The real breakthrough was that Apple circumvented the buying process. There has always been a battle between the mobile phone networks and the handset …
Simon Rockman, 09 Jan 2017
A cute cat in a jumper waves goodbye.... Pic via Shutterstock

Yep. Bitcasa's called it quits

Analysis Cloud file storage startup Bitcasa - a firm cynics might say had an apparent death wish - has called it a day. An odd posting on its website by CEO Brian "Tap" Taptich reads: Bitcasa is no more, and this is not bad news. Thanks to the very hard work, generosity and persistence of a number of folks – from employees to …
Chris Mellor, 06 Jan 2017
Photo by Magnus Höij

Cancel! that! yacht! order! Marissa! – Verizon's! still! cold! on! Yahoo! gobble!

A Verizon executive is once again casting doubt on the telco giant's $4.8bn bid to acquire Yahoo! Speaking at an investor conference in Las Vegas today, executive vice president Marni Walden said of the deal, "Unfortunately, I can't sit here today and say with confidence one way or the other because we still don't know." The …
Shaun Nichols, 05 Jan 2017
Some of the Super Pressure Balloon. M. McCarthy, submitted to the ABC

2016 – the year 3D XPoint came down to earth from Planet Hype

Storage Review in 2016 Storage in 2016 saw its on-premises SAN/filer array heartland assaulted by the public cloud on the one hand, and hyper-converged and software-defined storage on the other. The now-classic dual-controller disk array went hybrid to keep storing primary data, but all-flash arrays are taking on that role and so the hybrids went …
Chris Mellor, 05 Jan 2017
NYC

Trio charged with $4m insider trading by hacking merger lawyers

US prosecutors have charged three Chinese men with making more than $4m (£3.2m) by allegedly trading on information obtained from hacking top merger and acquisition law firms. The defendants are charged with targeting at least seven top international law firms with offices in New York, which advised companies on corporate …
Kat Hall, 28 Dec 2016

Big Sphere 3D shareholder tosses activist letter in firm's lap

+Comment Cyrus Capital Partners, a major Sphere 3D shareholder, has filed a highly critical public letter calling for a full restructuring of the company to fix "cost" and "under-performance" issues. Sphere 3D is the aggregation of Overland Storage, Tandberg Data tape and disk data protection products, Snap storage products and …
Chris Mellor, 22 Dec 2016
EU flag photo via Shutterstock

Did EU ruling invalidate the UK's bonkers Snoopers' Charter?

Analysis Yesterday's judgment from the EU Court of Justice offered hope to many of those critical of the wider culture of communications data retention, but what does this mean for the UK's Investigatory Powers Act? Nothing immediately, of course. The original case will now go back to the UK's Court of Appeal, from whence it initially …
Are you being served?

NAND, fab-ulous NAND, price rises make DRAM a cash cow

Happy days for Micron, it seems. Its first fiscal 2017 quarter results were lifted by high demand and price rises driven by supply constraints. The market wanted more DRAM and NAND bits than the firm's fabs could ship and DRAM prices went up. Revenues of $3.97bn were 18.5 per cent higher than a year ago and 23 per cent upon …
Chris Mellor, 22 Dec 2016
WWI French tank picture via Shutterstock

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

EU accuses Facebook of providing incorrect info on WhatsApp buy

Facebook has been accused of providing incorrect information regarding its $22bn (£17.8bn) acquisition of WhatsApp to the European Commission. The commission today sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during its investigation into the 2014 merger. It …
Kat Hall, 20 Dec 2016
RDX_QuikStor

Sphere 3D has had two offers to buy parts of its business

+Comment Sphere 3D, the Canadian company which owns Overland Storage and Tandberg Data, has had two offers for parts of its business. The perennially loss-making concern, which was previously Overland Storage, which bought Tandberg Data, has never recovered from the decline in tape automation products. It received a first offer, a …
Chris Mellor, 19 Dec 2016

Akamai buys bot-sniffing startup Cyberfend

Akamai Technologies has beefed up its existing bot management and mitigation services with the acquisition of US startup Cyberfend. Financial terms of the deal, announced Monday, were undisclosed. Credential theft and abuse is a significant problem for online businesses and their customers. Cyberfend’s tech is designed to …
John Leyden, 19 Dec 2016
Very colourful For Sale sign (limited offer etc). Photo by Shutterstock

FYI! – Your! hacked! Yahoo! account! is! worth! $0.0003!

The hacked database containing the account details of more than one billion Yahoo! users is reportedly being sold for a meager $300,000. This according to a report by the New York Times, which spoke with researchers at US computer security biz InforArmor. Those eggheads claim to have knowledge of at least three groups – two …
Shaun Nichols, 19 Dec 2016
Hunter photo via Shutterstock

Oracle finally targets Java non-payers – six years after plucking Sun

Oracle is massively ramping up audits of Java customers it claims are in breach of its licences – six years after it bought Sun Microsystems. A growing number of Oracle customers and partners have been approached by Larry Ellison’s firm, which claims they are out of compliance on Java. Oracle bought Java with Sun Microsystems …
Gavin Clarke, 16 Dec 2016

Cloud-happy Oracle dodges rumors it is axing its traditional hardware ... as sales of traditional hardware fall

Oracle is once more waving around its cloud revenue figures in response to another quarter of falling hardware sales. This ongoing drop in traditional hardware revenue comes as Oracle tries to shake off rumors that it will be winding down its on-premises system divisions from January. Speculation is rife on anonymous internet …
Shaun Nichols, 16 Dec 2016

German infosec agency urges security review after Yahoo! flensing

Germany's Bundesamt für Sicherheit in der Informationstechnik (Federal Office for Information Security or BSI) has warned users to reconsider the security chops of their email providers and plugged local services in response to news a billion credentials were stolen from Yahoo! The oft-raided web concern revealed yesterday …
Darren Pauli, 16 Dec 2016
Yahoo

Yahoo! says! hackers! stole! ONE! BEELLION! user! accounts!

Yahoo! says hackers have probably stolen details from more than a billion user accounts, including names, addresses, phone numbers, and weakly-hashed passwords in attacks dating back to 2013. Chief information security officer Bob Lord said in a statement that this event is likely a separate haul unrelated to past breaches. " …
Darren Pauli, 14 Dec 2016
Geometric_Objects

IBM makes clever, safe acquisition, swallows object storage market

IDC has updated its object-based storage marketscape to show IBM has leapt to a chart-topping position through buying Cleversafe. Scality is second. Dell EMC has hustled up the charts to third place, pushing most other players down the rankings. The IDC analysts see “a standardisation and integration of the Amazon S3 and …
Chris Mellor, 14 Dec 2016

Cuckoo! Google settles into Nest, starts folding dev platform

Google has expanded its corporate grip over smart home company Nest, announcing that it will fold the company's developer platform into its own. "We're working towards merging Weave and Nest Weave to enable all classes of devices to connect with each other in a secure and reliable way," Google said in a slew of Internet of …
Kieren McCarthy, 13 Dec 2016

It's a ratchet: Old storage guard face incoming tech squeeze

Analysis Squeezed between the giant pressures of hyper-convergence, the public cloud, object storage and software-defined/cheap commodity hardware, the old guard storage suppliers face shrinkage into shadows of their former dominant selves. Ten years ago and before that Dell, EMC, HDS, HPE, IBM and NetApp represented the bulk of on- …
Chris Mellor, 13 Dec 2016
A man with his hands chained up

Samsung revival hamstrung by 2014 Google deal – analyst

A provision in Samsung's 2014 patent-sharing settlement with Google could hurt the South Korean electronics giant's efforts to rebound from the Note 7 recall. Edison Investment Research analyst Richard Windsor says that efforts by Samsung to recover from the disastrous phablet release and subsequent removal from the market …
Shaun Nichols, 13 Dec 2016
Surface_ripples

Let's talk about NVMe, let's talk to Dell EMC: Let's talk about $1bn baby DSSD

Interview The most high profile NVMe-using array is Dell EMC's all-flash, 10 million IOPS D5, the much anticipated product of its billion-dollar acquisition of DSSD. We asked Mike Shapiro, VP Software for DSSD, questions about how DSSD views NVMe as part of our NVMe interview series. His answers are below. During the process, news hit …
Chris Mellor, 12 Dec 2016

Chip biz Aixtron begs for help: Just let the Chinese eat me!

With its proposed acquisition by a Chinese investment group now having been shot down in two hemispheres, Aixtron is looking for government help to get another deal through. The German semiconductor manufacturer is reportedly hoping to work with regulators in Germany on a plan that would allow it to go forward with its sale to …
Shaun Nichols, 09 Dec 2016
EMC Cork's DSSD D5 unit

DSSD President quits Dell EMC

The Register's storage desk has learned that DSSD President Bill Moore has left Dell EMC. EMC acquired DSSD in 2014, when the prey company had revealed its intentions to build rack-scale flash storage rigs, but was still in stealth mode. Moore co-founded the company, along with Jeff Bonwick who remains a VP and CTO at Dell …
Chris Mellor, 09 Dec 2016

Reg readers vent their frustrations with AFA vendors

As part of a recent survey we asked Register readers to give us some thoughts on a hot area in the storage world but with a slightly provocative edge, namely: “What frustrates you the most about how storage vendors sell their products, and are there any specific irritations in relation to all-flash in particular?” You clearly …
Tony Lock, 08 Dec 2016

Fitbit picks up Pebble, throws Pebble as far as it can into the sea

Smartwatch maker Fitbit has confirmed it has bought competitor Pebble – for an undisclosed sum – but only its software. Pebble products are on the scrapheap. The announcement comes a week after news of the purchase leaked, but many had assumed Fitbit would continue to support existing Pebble watches and slowly merge the two …
Kieren McCarthy, 07 Dec 2016

Sage evaluates sale of North American payments biz

Accounting and payroll firm Sage may offload part of its North American business. The UK firm is evaluating what it called “potential strategic options for the North American payments business", including sale. “There can be no certainty that this evaluation will lead to any transaction,” the firm said in a statement. The …
Gavin Clarke, 07 Dec 2016