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Articles about Acquisition

FlashMAX_III

HGST refreshes $685m flash tech: Go-faster FlashMAX PCIe card

HGST claims it has doubled the price/performance of its FlashMAX PCIe flash card, lowering the maximum capacity and moving to gen-3 PCIe from gen-2. These cards came to HGST when its parent, Western Digital, bought Virident and its FlashMAX II PCIe flash product line in 2013 for $685m. Now we have the updated FlashMAX III line …
Chris Mellor, 04 Aug 2014
The Register breaking news

Internode falls to iiNet acquisition temptation

Popular Adelaide-headquartered national ISP Internode, a pioneer in Australia’s ADSL2+ market and vocal critic of National Broadband Network price strategies, is to be acquired by number two broadband provider iiNet. The $AU105 million buy, announced on December 22 to the Australian Securities Exchange, may not be greeted with …
Facebook connection map

'Press Like for 1MB of data': Facebook picks up Pryte in-app data tech

Facebook has acquired the team behind in-app data payment software Pryte for an undisclosed sum as part of its plans to lower the cost of accessing its software in developing countries. The acquisition was disclosed by Helsinki-based Pryte on Tuesday. The software company's team indicated it will work with Facebook's internet …
Jack Clark, 03 Jun 2014

Warm breeze of consolidation blows through Microsoft channel

A trickle of activity in the Microsoft small biz channel has seen Gold partner minnow Core Technology Systems devour small but perfectly formed on-prem and cloudy CRM consultancy Excitation. In a canned statement, Conor Callanan, CEO at Core, claimed the buy gives it a ready made CRM practice and “rounds out” its web-based …
Paul Kunert, 08 Sep 2014
T-Mobile Sprint

POW! Sprint kills T-Mobile US bid ... BAM! CEO Hesse is out

Sprint has confirmed industry rumors by announcing the departure of its CEO, and has abandoned its pursuit of T-Mobile US. The telco said Wednesday morning that big cheese Dan Hesse will leave the biz and hand the reins to Brightstar CEO Marcelo Claure. Hesse will leave the position effective Monday, August 11. Claure cofounded …
Shaun Nichols, 06 Aug 2014

Trustmarque sold to biz process outsourcing specialist Liberata

Business Process Outsourcing biz Liberata has swallowed troubled Microsoft enterprise partner Trustmarque for an undisclosed sum. The solvent sale was concluded late last night, avoiding the need for the York-headquartered reseller to call in the administrators, something that seemed liked a possibility 10 days ago when issues …
Paul Kunert, 11 Sep 2014
Photo of Satya Nadella and Stephen Elop

That's right, MICROSOFT is an ANDROID vendor after Nokia gobble

Nokia won't be changing its strategy now that it's been gobbled up by Microsoft, its former CEO Stephen Elop has said. Elop, who has returned to Redmond after almost a four-year absence to head up the software giant's new Devices Group, said in a blog post on Friday that we'll continue to see the same mix of Nokia-branded …
Neil McAllister, 26 Apr 2014
Blade Runner

'Any hypervisor, any cloud': Software defined data migrata Zerto cops 25m D-round dollars

Zerto, the hypervisor-based replicant - hey, this is sounding like Blade Runner - has raised $26 million in a funding D-round. The venture capital funding history looks like this: July 2011 - $6 million seed and A-round funding August 2011 - $15 million B-round April 2013 - $13 million C-round June 2014 - $25 million D-round …
Chris Mellor, 19 Jun 2014
The Register breaking news

Cloud Sherpas follow acquisition trail to Sydney

Cloud based Google apps service provider Cloud Sherpas has herded up Australian Google app reseller Devnet and will setting up shop in Sydney. The Atlanta based apps company has over 500 managed clients globally and has been targeting the Australasian market for growth and as gateway to Asian expansion. Cloud Sherpas new …
juniper

Nokia may consider merging with Juniper: report

German outlet Manager Magazin Online has reported that Nokia Solutions and Networks (NSN), the bits of Nokia Microsoft didn't buy, is considering a transaction of some sort with Juniper Networks. NSN and Juniper already work together to provide broadband for wireless carriers, announcing a deepened relationship in November 2013 …
Simon Sharwood, 21 Feb 2014

Paragon Group consumes tits-up print house Service Point

Specialist print biz Paragon Group has acquired Service Point UK, saving the jobs of "more than" 400 staff less than a fortnight after it was placed into administration. Directors at loss-making Service Point, Michael Barton-Harvey and Clayton Lee, called in the receivers on 24 April, according to a filing at Companies House …
Paul Kunert, 06 May 2014
Image of HAL eye from 2001 movie with Chrome logo in eye

Is Google building SKYNET? Ad kingpin buys AI firm DeepMind

Google has agreed to acquire London-based artificial intelligence firm DeepMind Technologies, adding to its growing stable of robot companies. The acquisition was reported yesterday by tech news site Re/code, which claimed that the price tag for the firm was $400m (£241m). Google was not commenting on the deal. According to …

Capita IT Services slurps up small security biz

Crapita Capita IT Services confirmed today it has hoovered up security reseller minnow Network Technology Solutions for an undisclosed sum. This is the first bite-size deal of the year for CITS but given its historic addiction to acquisition will unlikely be its last. London-based NTS (UK) majors on intrusion detection and …
Paul Kunert, 21 Mar 2014
Google sign outside Mountain View headquarters

Google nets Spider.io to thwart fraudsters

Google is looking to boost the security and fraud prevention arms in its advertising business with the acquisition of London's Spider.io. The company announced on Friday that it had agreed to terms on a deal to integrate the fraud-detection specialist into its advertising services. The company will seek to help Google spot fraud …
Shaun Nichols, 22 Feb 2014
European Union Flag

Euro judge flings out Cisco beefs against Microsoft-Skype deal

Cisco’s European challenge to Microsoft’s acquisition of Skype has been thrown out by a judge. The European Court of Justice ruled on Tuesday that Microsoft’s ownership of Skype doesn’t damage competition in either the consumer or video communications markets. “Microsoft’s acquisition of Skype is compatible with the internal …
Gavin Clarke, 11 Dec 2013
Dr Dre Beats Solo

Rap chap tapped for $3 BEELLION: Apple buys Dr Dre's Beats

Apple, ending weeks of speculation, has confirmed it will acquire Dr Dre's Beats Electronics for $3bn (£1.79bn). The iPhone maker on Wednesday issued a formal announcement revealing it will shell out $2.6bn in cash, and an additional $400m in payments that will vest over time, to bring Dre and company on board. The final price …
Shaun Nichols, 28 May 2014

HP Simplivity buyout rumours: Could it be worth HALF a BILLION?

HP is said to be in talks to buy Simplivity, a startup whose main offering is the Omnicube converged server/storage/networking systems. The Omnicube is a so-called hyper-converged system, designed from the ground up to eliminate the data centre chaos of independent server, storage and networking products that have to be …
Chris Mellor, 10 Jun 2014
Astute Class Submarine

Palo Alto Networks snaps up NSA-trained security company

Government-trained security company Morta Security has been snapped up by Palo Alto Networks for an undisclosed sum. The acquisition was announced on Monday and arms Palo Alto Networks with a company whose staff hail from the National Security Agency, US Army, US Air Force, and others. "The Morta team brings additional valuable …
Jack Clark, 07 Jan 2014
fingers pointing at man

Dell to make cloud computing acquisition

Reuters reports that Michael Dell will announce a cloud computing acquisition later today. Dell is also going to build up a tablet computer product line, spreading out from the 7-inch and 5-inch Streaks launched in September. Michael Dell was speaking at an event in Hong Kong. Dell lost out to HP in a bidding battle for 3PAR, …
Chris Mellor, 02 Nov 2010
The Register breaking news

eBay boosts mobile payments with Zong acquisition

Mobile payments outfit Zong is to be assimilated into the PayPal world, following the announcement that eBay is handing over US$240 million in cash to acquire the company. Zong runs the kind of operation that looks like someone anybody could manage: buyers enter their mobile phone numbers when they want to buy something from a …
NSA parody T-shirt

Naughty NSA was so drunk on data it forgot collection rules

Declassified documents from America's Foreign Intelligence Surveillance Court (FISC) shows that even the NSA didn't know the limits of what it was supposed to collect, and overstepped its authorisations for years. The documents were released to the Electronic Privacy Information Centre in response to an FOI request, and record …
OLPC XO3 tablet solar cover small

Google gobbles Fitbit whiz Gecko Design to strengthen those things that don't shift ads

Google has bought up Gecko Design, the industrial design house behind products like the One Laptop Per Child PC and Fitbit. "This is an incredible opportunity for everyone at Gecko," Jacques Gagne, Gecko's president and founder, gushed on the company website. "We are very excited and honored to join Google(x) and work on a …
Iain Thomson, 23 Aug 2014

Missed it? Here's the latest on Microsoft's mobile strategy

Youtube Video For those of you who missed Microsoft UK's summit on the company’s enterprise mobility strategy in London on June 4, here’s your chance to view the proceedings at your leisure. In the vid you can watch Microsoft discuss mobile devices and the role they will play in the company’s “mobile first, cloud first” …
David Gordon, 12 Jun 2014
linkedin logo

LinkedIn slurps B2B marketing bods Bizo for $175m

LinkedIn has slurped its second company in as many weeks, splashing out $175m on advertising firm Bizo. Last week, the professional network bought Newsle, a startup that searches the web for articles about people you know (yes, much like Google Alert), for an undisclosed amount. Bizo is a marketing firm that specialises in tech …

Backup bruiser Barracuda bares teeth, gulps down C2C

BJ Jenkins' Barracuda has made its first acquisitive bite, buying mail archiver and manager C2C for an undisclosed mix of cash and stock. It's part of a comprehensive product revamp called Data Protection Plus. Barracuda is a backup, file sync and share and content/application security business, which went through an IPO in …
Chris Mellor, 09 Sep 2014
Iphone_hard_case

Synaptics, longing for Apple's love, gobbles chip outfit Renesas SP

Touch tech kingpin Synaptics has agreed to buy Japanese chip firm Renesas SP Drivers for $475m in a bid to win a bigger presence in the exploding mobile device market. The Japanese company is a joint venture between Renesas, Sharp, and Powerchip that specializes in silicon for managing LCD displays – which, of course, are found …
Neil McAllister, 12 Jun 2014
Apple signs for auction

It's a Brit Apple supplier BORG: Two become one £80m fruity tech titan

Private equity-backed Jigsaw24 has swallowed fellow Apple supplier Square Group for an undisclosed sum to create a circa £80m powerhouse in the fruit-branded channel. NorthEdge Capital took a stake in Jigsaw24 in April '13, providing the Nottingham-based dealer with an investment fund to speed up growth both organically and via …
Paul Kunert, 26 Jun 2014

Cisco UCS Invicta off the shelves, for now

Reports are emerging that Cisco is holding back its UCS Invicta storage products because of unspecified performance issues. The kit, for which the Borg laid out US$415 million in September 2013 in its acquisition of Whiptail before a January 2014 launch, put the company into direct competition with partners NetApp and EMC. That …

Supervalu supermarket stores stung by sneaky sales system scammers

Supervalu, one of the biggest supermarket chains in the US, is warning customers who shopped with them between June 22 and July 17 to check their bank statements, after investigators discovered hackers have been at work. "The safety of our customers' personal information is a top priority for us," said CEO Sam Duncan. "The …
Iain Thomson, 15 Aug 2014
Dr Dre Beats Solo

Forgot About Dre? Not us. Euro bods give nod to Apple and Beats deal

The European Commission has given its official blessing to the $3bn acquisition by Apple of headphone manufacturer Beats. After considering whether the link-up fitted in with merger regulations, the antitrust regulators decided the two firms were sufficiently different that there was no concerns about competition. In a …
Jasper Hamill, 28 Jul 2014

Ex-Autonomy boss Mike Lynch goes nuclear: Claims HP 'misleads' its own shareholders

Mike Lynch, former chief of HP-owned Autonomy, tossed an explosive shareholder letter onto the internet today – just hours before HP's annual investors' meeting in Santa Clara, California. The scathing missive alleges Hewlett-Packard has been "misleading" its shareholders about the reasons behind the computer giant's $8.8bn …
Jack Clark, 19 Mar 2014

Systemax goes Dutch, devours SCC Netherlands

Shape-shifting box shuffler Systemax has swallowed SCC's "sub-scale" Dutch division for an undisclosed sum. New York-listed Systemax last night confirmed the bid to the stock exchange, the most significant buy it has made in Europe - where it trades as Misco - since the acquisition of WStore some years back. "The European IT …
Paul Kunert, 02 May 2014
The Register breaking news

FTC to cast an eye over Google's Waze buy

Google's acquisition of Israeli mobile navigation app vendor Waze is going to get an anti-trust examination by the FTC. Earlier this month, Mountain View's acquisition team flipped open the wallet to the tune of $US1.3 billion for the social map app, its sub-$US70 million revenue, and its claimed fifty million users. When the …

US trading, energy watchdogs asked: Does Google's Skybox gobble pass the sniff test?

Consumer advocacy group Public Citizen has asked US energy and trading regulators to probe Google’s acquisition of satellite firm Skybox Imaging, which it claims could give big players in commodities trading an unfair advantage. In a letter to the authorities, Public Citizen said that banks and hedge funds already used the intel …

NIST wants better SCADA security

America's National Institute of Standards and Technology (NIST) wants to take a hand in addressing the SCADA industry's chronic insecurity, by building a test bed for industrial control systems. The Reconfigurable Industrial Control Systems Cybersecurity Testbed is only in its earliest stages. According to this RFI, the …

Telco CenturyLink is moved to tiers: Biz gobbles Tier 3 cloud shop

Cloud provider Tier 3 has been snapped up by CenturyLink, fleshing out the telco's cloud portfolio and marking another sign of confidence in the Cloud Foundry platform technology. The acquisition was announced on Tuesday and gives CenturyLink a sturdy .NET implementation of the Cloud Foundry platform-as-a-service in the form of …
Jack Clark, 19 Nov 2013
VMware logo

VMware guzzles 'desktop-as-a-service' firm Desktone

VMware has slurped Desktone to add another "as-a-service" offering to its catalogue of virtualisation software. Desktone is apparently a "pioneer" of Desktop-as-a-Service and has "an advanced multi-tenant desktop virtualization platform for delivering Windows desktops and applications as a cloud service", according to VMware. " …

Zuck: Yo, Mexico! My $19bn WhatsApp could connect THREE BEEELLION people

Mark Zuckerberg wore his special altruistic pants on a trip to Mexico on Friday to flaunt his messaging wares in the country, by claiming that WhatsApp could connect up to three billion people globally. He visited President Peña Nieto in Mexico City on what appeared to be a PR mission to help grow Facebook's business in that …
Kelly Fiveash, 06 Sep 2014

Oh, Emulex: Another quarter, yet more red-splattered results

Emulex results were dismal, never mind what president and CEO Jeff Benck said about achieving "the high end of our revenue guidance." Revenues were down and losses deeper for its fourth fiscal 2014 quarter - ended June 29 - and for the full year. Q4 of financial year 2014's revenues were $99.8m; they were $109.7m last quarter …
Chris Mellor, 11 Aug 2014

Microsoft blasts sueball at Samsung over Android patent royalties

Microsoft filed a lawsuit against Samsung in a US court on Friday, claiming the Korean firm was in breach of an earlier cross-licensing agreement relating to Android technology patents. The two companies sealed their licensing deal in 2011, back in the days when Microsoft was threatening to sue all and sundry over patents …
Neil McAllister, 01 Aug 2014
Sepaton S2100-ES3

Spell Sepaton backwards three times ... Puff! It just vanished into HDS

Hitachi Data Systems (HDS) has bought Sepaton, the highest of the high-end enterprise deduping backup targets. Sepaton used to have a rewarding deal with HP until the StoreOnce came long. The news was announced in a blog post by Sean Moser, a senior veep for HDS' global portfolio and product management. Sepaton will be run as …
Chris Mellor, 13 Aug 2014
Toshiba NAND wafer

REVEALED: Fusion-io shopped itself to 11 firms... 10 declined

Fusion-io shopped itself to 11 companies and only got one offer. A Schedule 14D-9 SEC filing about the $1.1bn SanDisk acquisition of Fusion-io reveals that: SanDisk and Fusion-io first discussed a possible commercial arrangement in Summer 2013. Fusion-io talked to other potential partners as well. SanDisk expressed acquisition …
Chris Mellor, 26 Jun 2014

Level 3 gobbles rival TW Telecom in $5.7bn deal (that's 5 Instagrams)

Internet backbone provider Level 3 has bought its competitor TW Telecom in a cash and stock mega-deal valued at $40.86 per share. The planned $5.7bn merger, if waved through by US regulators and shareholders, would further consolidate the telco market stateside. "We believe this is a financially compelling and very strategic …
Kelly Fiveash, 17 Jun 2014
Facebook WhatsApp

FTC: OK Facebook, swallow WhatsApp – but NO selling people's data without permission

Facebook's multi-billion-dollar slurp of WhatsApp has been given the go-ahead by US regulators – with the caveat that the social network sticks to the messaging service's privacy policy. The Federal Trade Commission said in a letter to the two firms that WhatsApp would have to stick to the privacy promises it had already made to …
Nokia Lumia 610

Microsoft adds wireless industry legend John Stanton to its board

Microsoft has added some mobile expertise to its board of directors, signing up wireless pioneer John Stanton, the former chairman of broadband firm Clearwire. Redmond chief Satya Nadella made it clear in his chat about the firm’s full year results earlier this month that Microsoft wants to be “mobile first, cloud first” under …

Sprint eyes T-Mobile, grabs $32 BEELLION from wallet, prepares to SLURP

The question - not if - but when Sprint would snap up T-Mobile in the US moved one step closer to reality today, after the wireless carrier was reportedly valued at nearly $40 a share. T-Mobile, according to the Wall Street Journal, has been valued at around $32bn. A merger could be agreed within weeks, people familiar with the …
Kelly Fiveash, 05 Jun 2014

CEO of Brit giant Daisy Group in talks to take biz private

Matthew Riley, the man in charge of perpetually hungry comms and tech titan Daisy Group, is part of a consortium that has made advances to buy the LSE-listed biz. The group today confirmed it “received an approach” on 27 July from its largest shareholder Toscafund Asset Management LLP and Penta Capital, as well as Daisy chief …
Paul Kunert, 13 Aug 2014

Westcon: 'What we need is a cloud brokerage biz.' One buyout later...

Tech group Datatec has hoovered up a second biz this week after confirming the $12m acquisition of US-based fluffy white services brokerage Verecloud. The buy will be bolted onto distribution subsidiary Westcon, days after Datatec’s integrator arm Logicalis hoovered up German software firm ituma. The cloudy rig that Veracloud …
Paul Kunert, 04 Sep 2014
The Register breaking news

Oracle has '$70bn, five-year acquisition plan'

Charles Phillips, one of the co-presidents at software giant and unenthusiastic server maker Oracle, reportedly said the company had plans to double its acquisition budget over the next five years to a total of $70bn. But apparently this is not true. Phillips was speaking on Thursday at the Fortune Brainstorm Tech 2010 …

IBM gobbles CIA-backed NoSQL database upstart Cloudant

IBM is creeping towards the cloud, picking up startups on the way, including a NoSQL database company to fill in some of the perceived shortcomings of DB2. The acquisition of Cloudant was announced on Monday and will give IBM control of a NoSQL "database-as-a-service" (DBaaS) [As a service? What the hell was a database …
Jack Clark, 24 Feb 2014