Articles about Acquisition

Aligator eating a crab

US giant Ingram Micro snaps up little Brit Comms-care

Tech distributor Ingram Micro has snapped up UK channel services minnow Comms-care for an undisclosed sum. Comms-care sells maintenance services to resellers that can't provide services themselves. It has has 225 staff and 850 channel partners. For the full year ended 2015, Comms-care posted a revenue increase of 33 per cent …
Kat Hall, 18 May 2016
Still from HBO fantasy miniseries "Game of Thrones". Copyright HBO

Speaking in Tech: Tech layoffs in San Francisco - will cuts go 'global'?

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's The Reg's weekly tech newscast, hosted by Sarah Vela, Ed Saipetch and Amy Lewis. This week the trio discuss layoffs, buttons and Twitter links. Their special guest this week is Richard Seroter, Sr, Director of Product at Pivotal. Here are the details… (1:00) Yoko …
Team Register, 18 May 2016

ARM buys IoT's camera crew, Eyes of Things biz Apical

Chip-designer ARM has snapped up London-based imaging and embedded computer biz Apical for £242m, in a bid to further branch out from the slowing smartphone market. Apical's imaging products are used in more than 1.5 billion smartphones and approximately 300 million other consumer/industrial devices including IP cameras, …
Kat Hall, 18 May 2016
Music listener rasta

Pandora investor: Sell this company sooner rather than later

A major investor in Pandora wants the company to sell out while it can. Hedge fund Corvex Partners has revealed that it owns 10 per cent of the veteran streaming music company – and that selling out to a larger company is preferable to pursuing a "costly and uncertain business plan." In a US Securities and Exchange Commission …
Andrew Orlowski, 18 May 2016
By Bob Bob - https://flic.kr/p/914kty

Manchester cops to strap on 3K bodycams

Just a few days after a counter-terrorism incident which involved precisely zero terrorists, Greater Manchester Police (GMP) has started to deploy 3,000 body-worn video (BWV) cameras to its coppers. After enabling the evacuation of 75,000-seater Old Trafford on the final day of the Premier League, for what turned out to be a …
Man hangs up desk phone after a clearly irritating call. Photo by Shutterstock

Sick of storage vendors? Me too. Let's build the darn stuff ourselves

StorageBod Any half-way competent storage administrator or systems administrator should be able to build a storage array themselves these days. It’s never really been easier and building yourself a dual-head filer that does block and network-attached storage should be a doddle for anyone with a bit of knowledge, a bit of time and some …
StorageBod, 16 May 2016
European flag with sad face

EU commish: We smacked down O2/Three but we didn't take it 'lightly'

EU competition commish Margaret Vestager reckons the decision to smack down the proposed £10.5bn merger between O2 and Three this week was one it did "not take lightly". The decision to block the deal this week came as little surprise to most. Along with Ofcom, the EU has been vocal about its concerns over the deal - mainly …
Kat Hall, 13 May 2016
IBM Headquarters, Armonk, NY

Big Blue buys Bluewolf

IBM says it has closed its acquisition of SaaS consultancy Bluewolf. The deal gives IBM control of one of Salesforce.com's bigger consulting companies, and will allow Big Blue to add Salesforce consulting among the SaaS options in its iX brand of services. Bluewolf has around 500 employees in 12 offices worldwide. Though …
Shaun Nichols, 12 May 2016
Rosetta's view of Earth on March 5th, 2005

EU blocks O2/Three merger

The EU Commission has today blocked the proposed acquisition of O2 by Three's owner Hutchison under the EU Merger Regulation. The commission said it had strong concerns that UK mobile customers would have had less choice and paid higher prices as a result of the takeover, and that the deal would have harmed innovation in the …
Kat Hall, 11 May 2016
Scrambled Eggs from shutterstock

That went well – NOT - Nokia's first post-Alcatel numbers dip

When Nokia Networks and Alcatel-Lucent officially became one company, on January 14th this year, board chair Risto Siilasmaa declared “Our earnings, market cap and growth opportunities have multiplied.” Today, the combined companies reported results for the first time, with €5.6 billion to show off but the confession that a …
Simon Sharwood, 11 May 2016
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Dell seeks cash to buy EMC

Dell has officially started seeking cash with which to buy EMC. In an SEC filing, Dell's holding company Denali “announced today the commencement of a private offering of multiple series of First Lien Notes” that will be used “as part of its financing for its previously-announced acquisition of EMC Corporation.” The filing …
Simon Sharwood, 11 May 2016
NYC

TWC celebrates $79bn Charter merger by blacking out in New York

Time Warner Cable (TWC) was hit with an outage Monday throughout New York City. The cable giant acknowledged the issue on its Twitter feed, although the cause of the outage was not explained. NYC customers, we are aware of issues concerning all services. Techs are investigating. Services will be restored as soon as possible …
Shaun Nichols, 10 May 2016
O2 XDA Argon

French maverick sniffs around O2

European Commissioner Margrethe Vestager is expected to block Three UK owner CK Hutchison’s takeover of O2 this week, leaving BT as the dominant player in the UK’s mobile market. BT, lest you forgot, is also the monopoly wholesaler of broadband, and the single largest retail provider of broadband too, with a 31 per cent share …
Andrew Orlowski, 09 May 2016
The Triton unmanned aircraft system completes its first flight May 22, 2013

Storage startups: Everyone's throwing money at you...

Blog The storage industry and IT as a whole are experiencing an interesting transformation and, as is happening in many other fields, everything is accelerating and it’s becoming very difficult to keep riding the wave for a reasonable length of time. Last week I had a conversation with Andy Warfield (Coho Data's CTO). Most of our …

Small broadband firms aren't fussed about getting access to BT's ducts and poles

Ofcom's move to open up BT's ducts and poles to competitors is the cornerstone of the regulator's strategy to break the country's reliance on the former state monopoly, but small fibre firms say they are not holding their breath. In February the regulator announced plans to open up BT's Openreach infrastructure to competitors …
Kat Hall, 09 May 2016
Still from Stand By Me movie. Pie eating contest

Gobble away! Charter-Time Warner Cable merger OK'd by FCC

The US Federal Communications Commission (FCC) has given its blessing to Charter's $78.7bn acquisition of Time Warner Cable (TWC) and Bright House Networks. The watchdog said on Friday in a brief statement that it had approved the massive biz gobble with conditions floated earlier by FCC chairman Tom Wheeler. Those conditions …
Shaun Nichols, 06 May 2016

Jobs in Ireland may be vulnerable at post merger Dell Technologies

When Dell completes its acquisition of EMC and its subsidiary VMware, the combined Dell Technologies will become one of the largest technology employers in Ireland. But with role duplication almost inevitably raising the spectre of job losses as the firms integrate, the elimination of product overlaps will also have a job …
Chris Mellor, 05 May 2016
top of the bt tower

BT to splash £550m integrating EE. Firm shrugs: Cheap!

BT's £12.5bn gobble of EE will cost the business £550m in integration costs - according to the company's full-year financial results which were given a significant boost thanks to the acquisition. For its full-year results for 2016, revenue increased six per cent to £18.9bn, with profits up 15 per cent to £3bn. Revenue for the …
Kat Hall, 05 May 2016
Aligator eating a crab

FCC gives the nod to $17.7bn US cable mega-merger (no, not that one)

America's internet mall cop the FCC has approved the proposed $17.7bn merger between Altice and US cable provider Cablevision. The deal, which is now only awaiting approval by state regulators, will give the Dutch-based telecoms biz Altice the fourth largest cable network in the US. If the gobble is successful, Cablevision …
Shaun Nichols, 04 May 2016
IBM_FlashSystem_V9000

IBM's FlashSystem looks flashy enough, but peek under the hood...

Storage Architect This week IBM announced three new flash products, two of which are based on existing technology. Mainframe/Power customers got the all-flash DS8888, with the A9000 and A9000R models covering the rest of the market. What’s interesting about these latter two products is that they are based on Spectrum Accelerate, otherwise …
Chris Evans, 03 May 2016
hands waving dollar bills in the air

If the Internet of Things will be SOOO BIG why did Broadcom just quit the market?

Cypress Semiconductor has made Broadcom an offer too good to refuse: US$550 million in cash for its wireless Internet of Things business unit. The deal covers the whole kit-and-kaboodle: Broadcom's Wi-Fi, Bluetooth and Zigbee Internet of Things product lines, its WICED brand and developer community, and the relevant …
Miguel de Icaza on stage with Steve Wozniak at the Evolve 2016 conference

Miguel de Icaza on his journey from open source to Microsoft: 'It's a different company'

Interview At Xamarin's Evolve conference in Orlando, I sat down with Miguel de Icaza, the initiator of both the GNOME desktop for Linux and the Mono open source version of Microsoft's .NET Framework. Miguel de Icaza co-founded Xamarin with Nat Friedman, who became CEO. Xamarin, which provides tools for developing mobile applications for …
Tim Anderson, 29 Apr 2016
Small truck skids towards side of road as wheel comes loose. Photo by shutterstock

WD’s revenue wheels have fallen off. Profits are sinking, too

WD is experiencing global disk drive cooling as the slowing PC jetstream and flash El Nino jointly disrupt the HDD environment. But that's enough in the meteorological metaphor line. WD revenues fell 21 per cent year-on-year to $2.8bn in WD’s third fiscal 2016 quarter, which closed April 1. The quarter-on-quarter compare …
Chris Mellor, 29 Apr 2016
lg_rolly_keyboard_648

Telegram Google rumour

Russian media says Telegram rebuffed a Google buyout. The firm denies it. Trade publications in the autocratic state reported1, 2 that Google CEO Sundar Pichai met with the CEO of Telegram, Pavel Durov, to discuss a potential acquisition of the communications startup. The reports, which The Register has been unable to confirm …
SanDisk Z410

SanDisk's enterprise flash sales are embiggening nicely

SanDisk enjoyed fatter revenues on an annual compare in its first quarter, driven by higher enterprise product sales. First 2016 quarter revenues of $1.37bn were three per cent up the $1.33bn recorded a year ago and, as expected, seasonally down on the final 2015 quarter’s $1.54bn by 11 per cent. There was a profit of $78m, a …
Chris Mellor, 28 Apr 2016

VMware cloud gros fromage packs his bags and takes a hike

At some point you have to say this is starting to look like a rout. VMware EVP Bill Fathers is taking a hike, no longer content to be general manager of the cloud services business unit. Father's responsibilities will be shared between two cloud co-general managers, Allwyn Sequeira and Laura Ortman, who will report to VMware …
Chris Mellor, 28 Apr 2016

Getty on Google: It’s all about traffic, duh

Photo giant Getty Images has had enough – it has filed an antitrust complaint in Europe against Google. And the reasoning behind the action is more subtle than readers might think. Getty Images' VP Jonathan Lockwood explained why. Getty’s action isn’t a copyright dispute, he points out. It isn’t about piracy, rights, or right- …
Andrew Orlowski, 28 Apr 2016
Xamarin's Test Cloud lets developers test applications on cloud-hosted devices

Newest Microsoftie Xamarin releases cross-platform mobile SDK as open source

EVOLVE 2016 Xamarin's Evolve conference is under way in Orlando, Florida, where around 1,600 attendees are coming to terms with Microsoft's acquisition of the company, completed less than one month ago. Xamarin's main product is a set of tools and compilers that enable cross-platform mobile development using Microsoft's C# language. It's …
Tim Anderson, 27 Apr 2016

Hewlett Packard Enterprise: Wanna walk the plank voluntarily? You got it

Exclusive Hewlett Packard Enterprise is to initiate a voluntary redundancy (VR) option nearly two months after putting 1,092 UK staff in Enterprise Services (ES) on the chopping block. Techies at HPE were told they were in scope for compulsory job cuts in March including 780 in IT Outsourcing and 173 from the Application Business …
Paul Kunert, 27 Apr 2016
cloud

Riverbed pitches cloudy SD-WAN suite following Ocedo buy

Riverbed's acquisition earlier this year of software-defined WAN business Ocedo has delivered its first fruit, with the launch of the company's SteelConnect product suite. The company's ambitious hope is to wean customers off the messy business of running routed networks. Instead, gateways at the customer site connect to …

Charter can gobble TWC for $78.7bn ... if it bins monthly download caps

FCC boss Tom Wheeler has put out the terms for his watchdog's approval of Charter Communications' $78bn acquisition of Time Warner Cable. Wheeler said Monday that he has passed along a proposed approval order and conditions for the other four FCC commissioners to vote on. "As proposed, the order outlines a number of …
Shaun Nichols, 25 Apr 2016

EE grows network by one-third, promises to build 750 new sites

EE has is expanding its 4G network by one-third to cover 95 per cent of the UK by 2020 – following its mega contract with the Home Office to provide emergency services coverage across the country. Under the plan the operator is building 750 new sites across the country in a bid to eradicate "notspots". It is the first major …
Kat Hall, 25 Apr 2016
K2

Dell looking at higher debt mountain to buy EMC

Dell is facing its EMC acquisition debt mountain growing yet higher because the Wall St bond market will need higher interest payments to fund the deal. That could highlight product overlap costs to ex-money man David Goulden who will run the new Enterprise Systems Group, covering its servers, storage, networking, converged …
Chris Mellor, 22 Apr 2016

SecureWorks' sorry IPO falls $48m short of aim

In the first initial public offering of the year in the technology sector, Dell's infosec subsidiary SecureWorks has raised much less than expected. Despite plans to raise $160m with the IPO, Dell has pocketed only $112m after selling eight million shares at $14, merely 70 per cent of its aim. The squib of an IPO is …
A broken cable box

Verizon is big on IoT 'cos its wireline biz is dying on the vine

Verizon says that it will focus on "developing new markets," as the telco giant was just able to keep revenues on the uptick. The US carrier said that it would be shifting a focus over towards the internet of things (IoT) and its content market in the coming months, as it looks to bolster sagging revenues in other parts of its …
Shaun Nichols, 22 Apr 2016
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EMC results: It'll all come out in the post-Dell deal wash

+Comment EMC saw many pockets of growth in its first fiscal 2016 quarter’s results but overall revenues declined because core legacy product revenues fell, as did RSA and the enterprise content business. These declines more than offset the impressive growth rates of newer products. In the EMC earnings call, CEO and chairman Joe Tucci …
Chris Mellor, 21 Apr 2016
BOLIVIA, UYUNI, 17 SEPTEMBER 2014 - Internet and mobile communications in Uyuni, Bolivia, South America - pic via shutterstock

Cashman steadies ship: EMC revenues shrink, profits fatten

EMC saw a slight revenue decline year-on-year in the first 2016 quarter, with Latin America a trouble spot. Revenues of $5.5bn were 2 per cent down year-on-year from $5.6bn. However profits, of $268m were 6.3 per cent higher year-on-year EMC’s first quarter is seasonally weaker than its fourth quarter and, indeed, the fourth …
Chris Mellor, 20 Apr 2016

VMware says users run away screaming after trying OpenStack

VMware has reported a cracking first quarter for 2016, with year-on-year revenue growth of five per cent making for a US$1.59bn revenue haul for the three months to March 31st. Not everything is rosy down VMware way: compute virtualisation sales were off ten percent and revenue down one point, as expected. Licence sales ticked …
Simon Sharwood, 20 Apr 2016
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Intel literally decimates workforce: 12,000 will be axed, CFO shifts to sales

Intel will axe 12,000 employees globally – more than one in ten of its workforce – as it moves further away from being a PC chip company. The layoffs are among the biggest into the company's history, and come as PC industry continues to tank harder than Intel expected. The Santa Clara-based biz sees a lot of growth in the …
Chris Williams, 19 Apr 2016
Claw hammer

Delphix appoints new CEO – but hasn't filled vacant CTO spot

Structured data copy virtualising startup Delphix has appointed Chris Cook as president and CEO, with founding CEO Jedidiah Yueh become executive chairman of the board. Why? Cook has been president and COO of New Relic since September 2011, joining from CA where he held exec-level positions since 2005. He was a sales VP at …
Chris Mellor, 19 Apr 2016
Live news illustration with microphones and cameras

Gridstore sacked CEO

Gridstore fired its CEO because board wanted company to grow faster. Hype-converged appliance startup Gridstore has explained that it fired its CEO after he mysteriously left the firm in February. An email from the company said: "Gridstore closed out a record year in 2015 in both revenue and customer acquisition and launched …
Chris Mellor, 19 Apr 2016

Gartner's broken out its crystal ball again. Huawei's object storage bods won't be happy

Comment Gartner's gurus have ranked the top twelve object storage suppliers in a Critical Capabilities report, with Cleversafe at the top and Huawei last. The report states: "Object storage is pervasive as the underlying platform for cloud applications that we consume in our personal lives, such as content streaming, photo sharing and …
Chris Mellor, 18 Apr 2016
Dell_SD7000_S

Dell slips Scality's RING onto its OEM finger

Dell has upgraded its nine month old Scality reselling deal, offering the SD7000-S file and object storage server running OEM'd Scality RING software. This follows on from the HPE-Scality deal with HPE investing $10m in Scality and selling its RING software with its Apollo 4000 and ProLiant servers. The purpose-built and …
Chris Mellor, 18 Apr 2016
RoboVM is to be discontinued

Embrace, extend – and kill. Microsoft discontinues RoboVM

Microsoft is discontinuing RoboVM, the Java-to-Mobile compiler technology which it acquired with Xamarin a couple of months ago. Just six months ago, RoboVM was a small but growing business catering to developers wishing to use their Java skills – or port existing Java applications – to iOS and Android. Using an AOT (ahead of …
Tim Anderson, 15 Apr 2016

Ruckus: A strong buy for Brocade, but leaves Juniper isolated again

Comment Pity poor Juniper. The networking company’s alliance with Ruckus Wireless last summer raised hopes that it would strike it third time lucky in the Wi-Fi market, filling the gaping wireless gap in its platform. Now Brocade has snatched carrier Wi-Fi leader Ruckus from under its rival’s nose with a $1.2bn acquisition. It's the …
Wireless Watch, 13 Apr 2016
Three store maidenhead

Ofcom wants you to thank it for resurrecting the spectre of BT's 1980s monopoly

Comment Years ago, we used to mock Ofcom for its Ofcom-branded bottled water, and its tediously technocratic “evidence based” approach, something which is actually enshrined in the 2002 Act that created it. Throughout its first decade, Ofcom chief execs stood regally above the fray, knowing that a regulator’s decision must be …
Andrew Orlowski, 12 Apr 2016
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Total cloud: Huawei's plan for planet's telcos and its own bottom line

Huawei reckons it can outgrow its enterprise competitors without seeking a bumper acquisition and is going to spend two years cloud-enabling its entire networks product line. Reports from the company's 2016 analyst summit in Shenzhen, China, suggest that rotating CEO Eric Xu (the company has three CEOs, who take six-month …
Wheel of a sunken ship,  covered in barnacles

Cracks show in VMware exec ranks

Comment The onrushing Dell acquisition of EMC seems to have prompted two senior VMware exec departures. Is Pat Gelsinger's position at the helm secure? VMware is 80 per cent owned by EMC, and Dell will become its new overlord when the acquisition closes later this year. The two high-profile exec departures from VMware signal that, …
Chris Mellor, 11 Apr 2016
Suitcase full of money

Dell infosec unit SecureWorks given $1.42bn price tag in IPO

Dell's cyber security subsidiary SecureWorks has been valued at up to $1.42bn ahead of an initial public offering. SecureWorks filed to go public in December 2015. The S-1 form placed with the United States Securities and Exchange Commission (SEC) at the time offered a $100m placeholder figure before the valuation, though this …
Lady eating a sandwich checking her mobile phone

Virgin slams CMA

Virgin has slammed the UK's Competition Markets Authority for lobbying Europe to block the proposed merger between Three and O2, while previously waving through the acquisition of EE by BT. Tom Mockridge, Virgin Media CEO, said: “A combined O2/Three would provide a counter balance to the strength of BT/EE, offering an …
Kat Hall, 11 Apr 2016