Articles about Acquisition

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Ericsson snaps shut wallet, damps down acquisition speculation

Ericsson has decided not to follow the example of Alcatel-Lucent and Nokia, telling Reuters it doesn't need a big acquisition. The company's chief strategy officer, Rima Qureshi told the wire service that the decision to continue going it alone followed a confab of 250 managers earlier this month. She said that “core …

US FINNISHes Nokia-AlcaLu acquisition waiting period

The huge Nokia-Alcatel Lucent acquimerger transaction has cleared one of its major hurdles, with the US Department of Justice (DoJ) clearing the merger for takeoff. Specifically, the two companies have announced – Nokia's post is here – that the DoJ has granted an early termination to the antitrust waiting period in the US. …
Terminator head

Twitter joins Skynet arms race with terrifying acquisition of Whetlab

Twitter has acquired artificial intelligence start-up Whetlab, probably to assist with what it considers "barriers to consumption" by foisting machine-curated content on unsuspecting tweeters. Confirmed in less than 140 characters, Twitter announced its capture of the machine learning startup on Wednesday (June 17). The …

Silicon rumour-mill says Avago's next acquisition target is Broadcom

Shopaholic Avago Technologies is reportedly in talks to acquire Broadcom, in an acquisition that would significantly boost its presence in the high-end smartphone space. First reported behind The Wall Street Journal's paywall, the talks are attributed to the usual “people familiar with the matter”. Reuters says the deal could …
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
Boy slurps watermelon. Credit: Shutterstock

The great silicon slurp of 2015 continues: Atmel next on the shopping block

Another instalment in this year's consolidation in the silicon market appears to be on the cards, with reports emerging that microcontroller outfit Atmel is looking for a buyer. As Reuters reports, the company's CEO, Steve Laub, is due to retire at the end of August, something that may have sparked the decision to seek …

Piston to power Cisco Intercloud

Cisco is either dipping another tentative toe in the open cloud business, or about to Borg a potential competitor, announcing that it wants to buy cloud operating system company Piston Cloud Technologies. Piston's OpenStack expertise will now be wrapped into the warm embrace of Cisco's Cloud Services operation, the group charged …
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CSC to sue ServiceMesh man Eric Pulier over Australian bribe scandal

Exclusive CSC has initiated legal action against Eric Pulier, formerly head of strategy for the company's Emerging Business group, over his actions as head of service. Pulier is alleged to have made improper payments to executives of Australia's Commonwealth Bank. Those payments are said to have won ServiceMesh the deal, making it a …
Simon Sharwood, 12 May 2015
eBay

eBay's new plan: sell the shirt off your back

Having spent much of 2015 shedding non-core businesses like PayPal, its Craigslist stake and its enterprise services unit, eBay has announced a back-to-the-roots acquisition of Twice. The San Francisco startup gives the company second-hand women's clothing sales, something that's sure to delight eBay sellers who specialise in …
slice of pizza

Revenue up 62 per cent, as Redcentric posts bumper post-buy results

Managed services biz Redcentric reported a significant increase in sales and profits for its full-year 2015 results, as the firm's acquisition strategy began to bear fruit. The Yorkshire outfit posted an increase in revenue of 62 per cent to £94.3m, compared with 2014. Profits rose to £8m from £1.8m for the same period. The …
Kat Hall, 15 Jun 2015

Cisco gobbles OpenDNS, sorts out cloud security portfolio

Cisco will buy privately held net security firm OpenDNS for $635m in cash, to make good its cloud security portfolio and boost the networking giant's "security everywhere" approach. Announcing the deal today, the leviathan is offering the bundle of cash alongside assumed equity awards, plus retention based incentives for OpenDNS …

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

Comcast 'flees $45bn monster-merger with Time Warner Cable'

Comcast is walking away from its proposed $45bn merger with Time Warner Cable (TWC), insiders claim. Comcast will announce as early as Friday its intent to scrap its plans for the mega-acquisition, according to well-placed sources speaking to Bloomberg. Comcast did not take up The Register's offer to deny the claims. The …
Shaun Nichols, 23 Apr 2015
Boy slurps watermelon. Credit: Shutterstock

Six Degrees separates: Sold to Charlesbank Capital Partners

Private equity biz Penta Capital has agreed to sell hosting and managed services outfit Six Degrees to funds affiliated with Charlesbank Capital Partners for an undisclosed sum. The business came onto the market in February with corporate financier DC Advisory managing the sale process, as El Chan exclusively revealed. …
Paul Kunert, 17 Jun 2015
DirecTV

AT&T: We'll play nice with net neutrality, just let us gobble DirecTV

AT&T will give in to net neutrality rules in the US – provided it is allowed to buy DirecTV. The telco wants to gobble up DirecTV for $49bn, and the FCC (America's broadband regulator) wants the telco to obey new rules for an open internet. According to the Washington Post, execs at AT&T are willing to drop their objections to …
Shaun Nichols, 03 Jun 2015
DirecTV

Uncle Sam poised to OK AT&T DirecTV gobble

AT&T's $48.5bn acquisition of DirecTV looks to be heading toward approval by the US government. Both the US Department of Justice (DOJ) and the Federal Communications Commission (FCC) are expected to sign off on the deal as soon as next week. Bloomberg cited a DOJ source familiar with the matter in reporting that approval for …
Shaun Nichols, 02 Jul 2015
Netflix

Merger-killer Netflix: We're actually OK with Charter's TWC gobble

Netflix has publicly backed the proposed merger between Charter Communications and Time Warner Cable (TWC). The video-streaming giant has filed with US watchdog the FCC in support of the proposed deal. Netflix is offering its support of the deal thanks to an offer Charter has made to continue its free interconnect deal with …
Shaun Nichols, 15 Jul 2015

HP to buy ConteXtream for SDN/NFV top-up

HP is looking to beef up its service provider software-defined networking (SDN) footprint, with the acquisition of Comcast and Verizon-backed ConteXtream. With SDN looking increasingly bedded down in the data centre, the carrier market is becoming the next battleground, with everyone from startups to big names looking for places …
hands waving dollar bills in the air

Delphix offers a mask for your data

Data virtualisation outfit Delphix is looking to the acquisition of Axis Technology Software to let enterprise developers work with real data, while protecting the personal information that data represents. Announcing the acquisition, the data-as-a-service (DaaS) outfit notes that the “data masking” technology it'll get from …
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More mobile misery at Cisco: Intucell set for cuts?

A week after Channel Register heard of Cisco's woes in the small cell business, reports are emerging that another recent acquisition is also troubled. On the back of last week's report that half the staff of Ubiquisys's Swindon operation might be de-assimilated, Lightreading reckoned there were now nervous flutters in The Borg …
Australia map and flag pwned theme

iiNet probes WestNet breach

Australian telco iiNet is investigating reports criminals are selling trying to flog online 30,000 customer records swiped from subsidiary Westnet. The breach was reported on Twitter after a security news tweeting service found a user attempting to sell what they said was Westnet's database on an unspecified website. At this …
Darren Pauli, 09 Jun 2015
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Intel gobbles up chipmaker Altera in $16.7 BILLION splurge

Intel has subsumed Altera for $16.7bn (£11bn), ending months of “will they, won't they” takeover chatter. The acquisition will allow Chipzilla to get its mitts on Altera's field-programmable gate array (FPGA) tech – chips that customers can configure after purchase. The acquired unit will sit in Intel's bit barn division. The …
Kat Hall, 01 Jun 2015
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
Interesting USA map

Apple GOBBLE: GPS startup Coherent may make Maps somewhat more so

Apple is making efforts to improve its locationware by acquiring Coherent Navigation, a startup developing a "high-precision navigation service" using GPS. Founded in 2008, Coherent Navigation had been developing commercial navigation services, based on partnerships with companies such as Boeing and Iridium, which it intended …
DirecTV

$50bn AT&T-DirecTV GOBBLE almost at BELCH stage: DoJ, FCC boss give nod

AT&T has scoffed DirecTV up - now it's just about digestion time. The US Department of Justice (DoJ) has OK'd the deal, and the head of the FCC is on side as well. The DoJ said Tuesday it would not be challenging the proposed $48.5bn (£31.2bn) acquisition of DirecTV by AT&T, removing one of the largest hurdles to the deal. …
Shaun Nichols, 22 Jul 2015
Ouya

Game over, Ouya, the Android gaming console

Ouya has been purchased by games house Razer in a move that likely signals the end of the road for its self-titled Android gaming console. Razer said in a Monday release that it had agreed to acquire Ouya, taking on all of its staff members and software products. The Ouya hardware division, including the Ouya Android games …
Shaun Nichols, 27 Jul 2015

Black Hat 2015: 32 SCADA, mobile zero-day vulns will drop

Gird your loins, admins; researchers are set to drop 32 zero-day vulnerabilities at the Black Hat hacking fest in Las Vegas in August. The vulnerabilities have not been disclosed but they will affect mobile devices and Supervisory Control and Data Acquisition (SCADA) systems among other platforms. "We have 32 different zero- …
Darren Pauli, 21 Jul 2015

Malwarebytes slurps startup, hopes to belch out Mac malware zapper

Security software firm Malwarebytes is moving into the Mac security software market with the acquisition of a start-up and the launch of its first anti-malware product for Apple computers. Malwarebytes Anti-Malware for Mac is designed to detect and remove malware, adware, and PUPs (potentially unwanted programs). The release …
John Leyden, 15 Jul 2015
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HP coughs up $100 MEEELLION to settle Autonomy lawsuit

HP has coughed up $100m (£65m) to settle its legal dispute with a Dutch pension fund over its massive $8.8bn (£5.6bn) Autonomy write-down. HP confirmed today that it has entered into a settlement agreement with PGGM Vermogensbeheer, the lead plaintiff in the securities class action arising from the impairment charge taken by HP …
Kat Hall, 09 Jun 2015
hands waving dollar bills in the air

SugarCRM sews up sweet deal to buy out junior upstart Stitch

SugarCRM – producers of customer relationship management system Sugar – have acquired the intellectual property rights "and other assets" of mobile start-up Stitch. Stitch is a the sales automation outfit - or, as they would put it, a "personalised digital assistant" that offers integrated analysis of email, calendar and CRM …
Apple location tracking patent application

Apple wants to patent iBeacon stalking

The fruit of Apple's 2013 acquisition of indoor mapper WiFiSlam seems to have fallen from the tree and landed at the patent office, with Cupertino filing for a find-my-friends feature. Back when the acquisition happened it was speculated that Apple wanted to get into the follow-my-footsteps business that mobe companies have …

Microsoft SLASHES 7,800 bods, BURNS $7.6bn off books in Nokia adjustment

Microsoft will carry out one of its largest rounds of job cuts and a record book writedown in a restructuring plan that calls time on its ill-fated Nokia acquisition. The Windows goliath confirmed on Wednesday (July 8) that 7,800 staff will go, primarily from its phone hardware business – the Nokia devices and services unit it …
Gavin Clarke, 08 Jul 2015
Exit sign. Pic:  Lukas Kästner

Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …

Exertis parent DCC swallows Computers Unlimited for £24m

DCC Technology has acquired consumer tech distie Computers Unlimited for £24m, the Ireland-headquartered group confirmed today. The buy adds roughly 2,000 trading accounts, offices in London, Paris and Barcelona that employ roughly 200 staff and hardware/software from 70 vendors including Adobe, Epson and WD. CU operates four …
Paul Kunert, 19 May 2015
Marc Benioff of Salesforce. Pic: Techcrunch

Someone is trying to buy Salesforce – but who could it be?

Salesforce.com is being eyed up for an acquisition – and has hired financial experts to guide it through the biz gobble, it's claimed. "Salesforce does not comment on rumors or speculation," the San Francisco-headquartered cloud giant told The Register this afternoon in response to whispers. There has been no formal offer for …
Shaun Nichols, 29 Apr 2015

Hortonworks to gobble Budapest-based SequenceIQ

Hortonworks decided it needed an automated tool to launch Hadoop clusters in the cloud, or any environment supporting Docker containers, and one buy of SequenceIQ later, ’tis done. The loss-making slinger of enterprise Apache Hadoop is to consume the Budapest-based open source developer of rapid deployment tools, for an …
Paul Kunert, 14 Apr 2015
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Speaking in Tech: Tinder Plus: 4 times pricier... if you're an OVER-28 wrinkly

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another episode of El Reg's best and only tech podcast with your hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, they dig into HP's acquisition of Aruba, Tinder pricing for the *cough* elderly and the prospects for Google+. Their special guest this week is …
Team Register, 04 Mar 2015
Uber - living the dream

Uber snaps up hip map startup

Uber, the "sharing economy" company which rose to infamy for being accused of profiteering during the Sydney siege, has bought data mapping and search startup deCarta. It is the first acquisition the controversial company has made since launching. Details of the deal were not disclosed. In a story that may or may not be true, …
Kat Hall, 04 Mar 2015

Node4 buys app developer and cloud purveyor Reconnix

Lloyds Development Capital-backed Node4 has snapped up non-proprietary application development and professional services outfit Reconnix. The bolt-on buy of the Newark-based minnow will serve as the open source division for Node4, which provides co-location from four DCs that it operates, and managed tech and comms services to …
Paul Kunert, 30 Mar 2015
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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

How much did T-Mobile US make from that failed AT&T buyout? How about $7.7bn

A failed 2011 merger with AT&T is paying off in a big way for T-Mobile US. Analysts at New Street Research (via The Wall Street Journal) estimate that a $1bn spectrum package T-Mobile US received in the wake of the ill-fated acquisition has ballooned in value to $4.7bn. The frequencies were part of a $4bn breakup package AT&T …
Shaun Nichols, 31 Mar 2015

BlackBerry pecks up crisis squawker AtHoc to add sauce to BBM

BlackBerry shed some light on its latest acquisition target, AtHoc, today. It looks an improbable fit at first: AtHoc does crisis comms for emergency services and campuses, and its big customers include the military, the Department of Homeland Security and the DoD. Speaking at BlackBerry’s annual security summit in New York, …
Andrew Orlowski, 23 Jul 2015