Articles about Acquisition

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

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
Kim Kardashian. Pic: Eva Rinaldi

Bulging booty bird Kim Kardashian date game biz adds Britney Spears to bottom line

Chinese social network Tencent has agreed to buy 14.6 per cent of mobile game developer Glu Mobile for $126m. Glu is best known for its Kim Kardashian: Hollywood, where you get to “date and dump celebs at the best parties and hottest clubs! Flirt and become the next huge celebrity power-couple!”. Yesterday the company announced …
Simon Rockman, 30 Apr 2015

Android Patent Dispute: Microsoft, Samsung hug it out

Microsoft's patent row with Samsung over Android licensing has ended with a whimper, not a bang. Redmond has announced that the two firms are now back on speaking terms, and that no, you can't know the details. In a terse statement, Microsoft says actions both in US courts and arbitration in the International Chamber of Commerce …

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
Uber launch party by https://www.flickr.com/photos/5chw4r7z/ CC2.0 sharelalike attribution https://creativecommons.org/licenses/by-sa/2.0/

Redmond Uber-alles: 100 Bing staffers driven to dial-a-car developer

Microsoft has agreed to sell off part of its Bing search operation to Uber. Redmond said on Monday that it would be moving its Bing mapping division to Uber, along with approximately 100 MS employees. Financial terms of the deal were not disclosed. For Microsoft, the agreement represents part of an effort within the software …
Shaun Nichols, 29 Jun 2015
BT Openreach van

'Tough' UK public sector blamed in BT sales hiccup

Sales dropped 2 per cent to £17.85bn for telco giant BT's full-year results announced today, while profits increased 12 per cent to £3.17bn compared with the previous year. The company primarily blamed its drop in sales on the foreign exchange market, while attributing the profit boost to an efficiency and cost-cutting programme …
Kat Hall, 07 May 2015
DirecTV

AT&T takes issue with Netflix on DirecTV gobble

AT&T has fired a fresh salvo in its exchange with Netflix over the proposed acquisition of DirecTV. The US telecoms giant issued a filing with the FCC disputing the claims made by Netflix that its would-be merger is an antitrust concern. "Before it began pressing for deal conditions in support of its own business agenda, …
Shaun Nichols, 08 May 2015

Cisco tipped to buy 'dominant' STORAGE BADBOY Nutanix

+Comment Jared Rinderer, a senior research analyst at Equity Capital Research Group, has claimed Cisco is about to buy converged infrastructure enfant terrible Nutanix. Rinderer reckons Nutanix is the dominant player in the industry, so is therefore the most likely acquisition for Cisco as it looks to make sure the EMC Federation doesn't …
Simon Sharwood, 18 May 2015
Wobegong eats Bamboo Shark

CenturyLink boosts DaaS capital by acquiring Orchestrate

CenturyLink is playing the Victor Kiam card, liking the Orchestrate managed database service so much that it's bought the ten-person company. The acquisition adds database-as-a-service (DaaS, as in Kapital) capabilities to CenturyLink Cloud, and brings a bunch of NoSQL specialists into its product development organisation. …

NCC bags security services outfit Accumuli for £55m

Managed security services outfit Accumuli has been snapped up by rival NCC for a sum of £55m. Both firms reported a strong increase in turnover last year, according to their Companies House filings. Accumuli's revenue rose 18 per cent to £16.6m in 2014. NCC Group recorded revenue of £110.7m, up 12 per cent. Pre-tax profit were …
Kat Hall, 24 Mar 2015

Lexmark splashes $1BEEEELION on Kofax

Lexmark International is trying to counter flatlining revenues and falling demand for print hardware by splashing $1bn to consume enterprise software seller Kofax. Under the terms of the deal, Lexmark will cough $11 per share and fund the buy with non-US cash on hand and existing credit facilities, it said. Kofax’s portfolio …
Paul Kunert, 25 Mar 2015
IBM's Hursley partner centre: A shop window for datacentres

Outsourcer Capita snaps up Solid State Solutions for undisclosed wonga

Outsourcing giant Capita has gobbled up Basingstoke storage company Solid State Solutions (S3) for an undisclosed sum. The £22m turnover business will sit within Capita's IT Enterprise Services tech biz. The company has 30 staff with more than 300 private and public sector clients. The move is likely to bolster Capita's …
Kat Hall, 23 Dec 2014
STressed_desk_jockey

Sales layoffs at PernixData: Flogging or IPO on the way?

+Comment Things can get tight, tense and twisted at startups getting close to IPO or acquisition, and management can get hyper-focused on the outcome it wants as issues mount. That seems to be happening at PernixData. After news broke of layoffs at the hot clustered hypervisor-caching startup last week, we have learned more of the high …
Chris Mellor, 11 Aug 2015
Breach

Hackers pop submarine cable operator Pacnet, probe internal networks

Submarine cable and data centre operator Pacnet was breached last month by hackers rummaging through its corporate network accessing emails and administration systems. Pacent was recently acquired by Australia's Telstra, which today disclosed the breach of a "critical server" and is now informing customers and regulators about …
Darren Pauli, 20 May 2015
shutterstock_282226826-Internet-of-things

Busy BlackBerry wheels out BB10 and QNX updates

BlackBerry has updated its mature IoT platform based on real-time OS QNX – which can be found in everything from cars to Cisco routers to nuclear power stations – and announced a new partnership with Intel. The world isn’t exactly short of IoT platforms: a couple come out every week. Huawei’s lightweight open source OS LiteOS, …
Andrew Orlowski, 03 Jun 2015
IBM Watson QA Power7 cluster

IBM buys 'deep learning' upstart Alchemy API, inhales 40,000 devs

Big Blue has taken a break from its busy axe wielding cost-cutting schedule to buy startup AlchemyAPI and insert 40,000 developers into its "community". Deep learning upstart Alchemy API collects, sifts through and analyses unstructured text and data. According to Big Blue, the acquisition will boost IBM's "Watson ecosystem". …
Kat Hall, 04 Mar 2015

Blue Coat acquires the cloud-crypto monkeys at Perspecsys

Controversial and suspicious netsec outfit Blue Coat Systems has acquired Perspecsys, for the want of some weight in its cloud security portfolio. Recently bought by Bain, Blue Coat reckons the acquisition (on undisclosed terms) establishes it as "a leader in the Cloud Access Security Broker segment". Cloud-crypto outfit …

CSC's ServiceMesh named as source of bank exec bribe

ServiceMesh, a cloud policy company acquired by CSC in 2013, has been named as the source of a bribe allegedly paid to a former Australian bank executive. Keith Robert Hunter yesterday appeared in the New South Wales (NSW) Local Court in connection with payments he allegedly received while he worked at The Commonwealth Bank (CBA …
Simon Sharwood, 18 Mar 2015

Systemax bleeds $28m while its shares bounce off the floor

With the store closure programme Stateside, the axe falling on EMEA boss Pim Dale, and the industry-wide currency crisis, portents of doom hung over Systemax’s Q2 numbers. And so it has come to pass – the once mighty tech reseller last night reported another quarter of double digit sales declines and widening losses. Turnover …
Paul Kunert, 05 Aug 2015
management cio2

Daisy Group: Yep, we're gonna eat you all up, Phoenix IT Group

Directors at Phoenix IT Group are “unanimously” backing the 160-pence-per-share offer that was formally made by Daisy Group this morning, valuing the entire share capital at close to £135m. Discussions between LSE-listed Phoenix and the suitor were made public last week, leaving Daisy 28 days to come back to the table with a …
Paul Kunert, 27 May 2015
james_rigby_md_sch2

SCC bulging with cash, plans acquisition spree

SCC chief exec James Rigby has talked up a "programme of investment" for his company as it waves goodbye to its wholesale arm, Specialist Distribution Group, that was sold to Tech Data for £220m. The deal, announced in the summer, received the all clear from the European Commission's competition watchdog after it decided there …
Paul Kunert, 02 Nov 2012
Parallels log

Parallels parallels Citrix, VMware with mobile app delivery slurp

VMware made its name in server virtualisation and Citrix rose to fame with application delivery technologies. Both now compete in both fields and in the emerging market for application delivery to, and management of mobile devices. Junior virtualiser Parallels, meanwhile, has concentrated on helping service providers to stand up …
Simon Sharwood, 26 Feb 2015
cloud

Ex-EMC exec to head up SDN switch vendor Plexxi

SDN switch vendor Plexxi has snapped up the former head of EMC's VNX storage array business, Rich Napolitano, as CEO. Founder and board member David Husak remains with the company as EVP of strategy and engineering, and has been working with Napolitano for some time, since the latter has been on the Plexxi board. In the company …
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Microsoft licensing house Crayon buys into US tech market

European Microsoft licensing solutions partner Crayon Group is setting up shop in the US after subsuming Software Wholesale International. SWI is a volume licensing reseller and carries the Microsoft Gold Partner badge for software asset management and one for cloud services, so operates in the same areas as its new parent. …
Paul Kunert, 17 Jul 2015

Iomart snaps up SystemsUp for a cool £9m

Glasgow-based cloud outfit Iomart has snapped up London-based IT consultancy biz SystemsUp for a cool £9m. SystemsUp is a G-Cloud partner to Google, Amazon Web Services and Microsoft. Its turnover in the twelve months to 31 March 2015 was £4m, with profit before tax of £1.5m. A further payment of between £1m-£3.5m will be made …
Kat Hall, 08 Jun 2015
Android 6 Marshmallow Logo

'Marshmallow' picked as moniker for Android 6.0

Alphabet's search, ads, cloud and mobile business Google has revealed that the next version of its Android mobile operating system will be called “Marshmallow”. Google gives each version of Android the name of a sweet and also advances each new Android by one letter of the alphabet. Hence Android's current version is Lolliop, …
Simon Sharwood, 18 Aug 2015
monty_python_french_knights_648

Atos buys up Xerox ITO, splashing almost $1 billion in process

Atos has completed its acquisition of Xerox's outsourcing biz as the French firm gears up for an American invasion. The company snapped up Xerox ITO (Information Technology Outsourcing) for $966m (£618m), slightly less than the initial $1.05bn (£670m) agreement announced back in December. Thierry Breton, Atos chief exec, said …
Kat Hall, 02 Jul 2015
Cash in brown paper envelope CC 2.0 attribution StockMonkeys.com

ServiceMesh man Eric Pulier resigns from CSC amid bribery claims

Eric Pulier, the co-founder of CSC prey ServiceMesh and CSC general manager of cloud has left CSC. Pulier left after it was revealed he allegedly paid bribes to executives at Australia's Commonwealth Bank. CSC sent The Reg the following statement about Pulier's departure: On March 26, 2015 Eric Pulier was notified that his …
Simon Sharwood, 28 Apr 2015

RSA boss packs his fishing rod and heads for the hills

Art Coviello is retiring from his exec chairman role at the top of RSA, EMC's security business, leaving behind an acquisition that never bought in big bucks for the T Rex of the storage world, and was blighted by NSA backdoor revelations in 2013. RSA is known in the security world for its SecurID tokens and the fact that its …
Chris Mellor, 04 Feb 2015
California

WD storage technology exec defects to rivals Seagate

Matt Rutledge, WD’s now former SVP for storage technology, has defected to Seagate, having left his position at WD in June, and joined Seagate in August to become its SVP for client HDD, said a source familiar with the circumstances. He is a 20-year WD veteran, having joined in November 1995. As such, he has lived thought WD' …
Chris Mellor, 18 Aug 2015

Annodata consumes print services minnow STS

Hertfordshire-based Annodata has plucked print services minnow STS Ltd from relative obscurity to bolt onto its own division that operates in the same field. The buy fills a gap in the portfolio, namely large format specialised printing, adds nearly £3m in annual revenues and a customer base including William Hill, and several …
Paul Kunert, 17 Feb 2015

Keep 'em coming, folks: Huawei snaps up Amartus SDN division

Chinese kit maker Huawei has snapped up the software-defined networking division of Irish software outfit Amartus. Zha Jun, president of Huawei’s fixed network products unit, said the deal is part of the company's strategy is to expand its cloud and network services. Amartus’ senior team and product staff will join Huawei, …
Kat Hall, 13 Jul 2015

Gorilla Glass maker gobbles Samsung's fibre optic biz

Samsung is selling off its fibre optics business to US smartphone glass supplier Corning, including production facilities in China and South Korea. Naturally, the companies didn’t share the terms of the deal, but Corning said it expected to complete the acquisition in by the end of the first quarter next year. Corning, which is …
Slurp

Samsung gobbles Proximal Data for server-side SSD

Samsung has announced that it has slurped caching company Proximal Data, as first reported by The Reg, to try to enhance its SSD-based software for server systems. The company specialises in server-side caching software with I/O intelligence that work within virtualised systems like ESXi hypervisor and Microsoft’s Hyper-V. “ …
Airbus are overjoyed about having the biggest one around.

Airbus plots exit from government comms biz

Airbus is reportedly considering selling its public safety radio business, with Alcatel-Lucent and Thales apparently interested in writing a cheque to obtain the operation. Bloomberg's off-the-record briefers say that €500 million-plus business is slated for sale by the end of the current quarter. Originally formed when …

Cisco plays Victor Kiam to MaintenanceNet's Remington

Long-time Cisco US supplier MaintenanceNet has been assimilated, to help The Borg digitise its business processes. The acqui-hire's US$139 million price tag includes both cash and “retention incentives”, Cisco's Debbie Dunham says in the post announcing the transaction. Dunham, senior veep for Global Customer Success, writes …
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Hungry Advanced Computer Software gets swallowed for £725m

Acquisition-hungry Advanced Computer Software (ACS) has itself been acquired by private equity firm Vista for £725m. Vin Murria, chief executive of the healthcare and biz management software and services firm, said the deal would help ACS move to its "next stage of its growth". She said: "ACS' value has grown from £32m to £725m …
Kat Hall, 25 Nov 2014
eBay

PayPal chomps up money-moving biz Xoom ahead of eBay split

PayPal has scooped up digital money transfer provider Xoom for $890m (£570m), ahead of its split with eBay later this month. As part of its "uncoupling" with the online tat bazaar, PayPal will start out with $6bn (£3.9bn) in cash – which means more acquisitions could be on the cards. Dan Schulman, president of PayPal, said the …
Kat Hall, 02 Jul 2015
swiss_cheese_648

Symantec announces latest grand fromage prior to split

Symantec has appointed another senior exec to its team, ahead of a major corporate restructuring which will see the firm split into two by the end of the year. The company today named Keith Bird, UK boss of Check Point, as its next managing director for Northern Europe. The division will effectively undo the 2004 acquisition of …
Kat Hall, 17 Jun 2015

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

Comcast has admitted it has given up on its $45bn acquisition of Time Warner Cable (TWC). Comcast, America's biggest cable giant, announced in the past few hours that it will end the pursuit of its largest rival amid stiff opposition from government watchdogs and other telcos. "Today, we move on," declared Comcast CEO Brian …
Shaun Nichols, 24 Apr 2015
AMD patent drawing

AMD patent filing hints at FPGA plans in the pipeline

With Intel in the process of buying venerable FPGA-maker (field programmable gate arrays) Altera and adding FPGA-like customisability to some Xeon silicon, the industry has been anticipating a response from AMD. And perhaps the first fruit of that response are now emerging. A report from Italy's Bits and Chips says the company …

Look who's SAP happy: HDS eyes up French techies at Oxya for lunch

Hitachi Data Systems intends to acquire Oxya, a SAP technical services and hosting outfit. Oxya, founded in 1998, is an international business headquartered in Paris, France, and has operations in Belgium, China, the UK and the US. It offers technical SAP services, hosting and outsourcing, and has had a relationship with HDS …
Chris Mellor, 12 Feb 2015
Parachutists and cloud image via Shutterstock

Dancing in the fluffy white stuff ain't helping SAP's bottom line

Rampant cloud growth struggled to offset falling profits for SAP, Europe’s largest software company, during the firm’s second quarter. Post-tax profits tumbled 16 per cent to 469m euro ($508.2m) while total revenue increased by a fifth, to 4.9bn euro ($5.3bn) for SAP’s three months to June 30, 2015. Earnings per share fell 16 …
Gavin Clarke, 21 Jul 2015
Christopher Lee as Dracula

Citrix really needs to get its act together, and soon

Sysadmin Blog In the frenetic run-up to VMworld, it's easy to forget anything else exists in the tech world at all except VMware and its orbiting ecosystem. Cutting through the acquisition rumours and flurry of meaningless minor-version bumps by startups, big things are happening and need consideration. With that in mind, let's talk about …
Trevor Pott, 21 Aug 2015

What sounds like a silly yoga-fitness-dance craze, and lost $325m in value in 8 years? Zimbra

Email and collaboration biz Zimbra has lost 93 per cent of its value in eight years, and has been bought by Synacor for just seven per cent of the price Yahoo! paid for the company in 2007. Scott Dietzen, currently the CEO of Pure Storage, was the president and chief technical officer at Zimbra from March 2005 to October 2007 …
Chris Mellor, 31 Aug 2015
bug on keyboard

Cisco slurps security scanner

Cisco has continued the expansion of its security portfolio with the acquisition of malware analysis outfit ThreatGRID. The acquisition target was founded in 2012, one of the then-burgeoning number of companies that pushed malware analysis, threat intelligence, and security analytics into the cloud (supplemented by an on-premise …
UNicorn

Storage unicorns and their hyped-up horns

Comment A venture-capitalist-tracking website has revealed a list of unicorns, which are startups valued at a billion dollars or more. Eight storage companies are in the list; does this mean a glorious outcome for them? The CB Insights’ list contained these familiar names: Dropbox at $10bn (£6.4bn), and hence a “decacorn” Cloudera …
Chris Mellor, 22 Jul 2015
Train wreck

Speaking in Tech: Reddit makes a train wreck even worse

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, Ed is flying back from Thailand (or possibly tweeting from the airport, after a dreamy Dreamliner trip), while Sarah and Greg dish on Micron (could the field now be open to Intel after China's interest), …
Team Register, 15 Jul 2015