Articles about Acquisition

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Datastax comes for Oracle's lunch with new graph database release

NoSQL startup DataStax has announced the release of the newest version of its enterprise edition database, DSE 5.0, which ships with a graph database for cloud applications. Santa Clara-based DataStax now claims it has more than 500 customers in over 50 countries, including Netflix and eBay. Its "does what it says on the tin" …
Elon Musk

Musk's Tesla to buy Musk's SolarCity for US$2.8 billion

Tesla has made a US$2.8 billion offer for another Elon Musk-founded company, home photovoltaic specialist SolarCity. If the share-swap transaction goes ahead, it would (in Tesla's words) create “the world's only vertically integrated energy company offering end-to-end energy products to our customers”. That, the company says …
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Twitter buys Magic Pony

Twitter has announced its acquisition of London-based machine learning firm Magic Pony Technology for an undisclosed amount. Magic Pony Technology, which claims to have more than 20 international patents for machine learning based approaches for visual processing, said it has now joined forces with Twitter to improve the …
Raining money

Dell close to selling software division for $2bn – reports

Dell is close to agreeing the sale of its software division for more than $2bn as it digs behind the settee cushions to fund its mega-acquisition of EMC. A consortium including Francisco Partners and Elliot Management are “in advanced talks” to acquire the division, Reuters reported today, citing “three people familiar with …
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Salesforce eyed up LinkedIn

Microsoft’s record $25.4bn acquisition of LinkedIn might have been pipped at the post by Salesforce. The CRM-as-a-Service provider was, however, unable to compete with the huge premium Microsoft stumped up for LinkedIn. Salesforce CEO Marc Benioff told ReCode: "It's the season of M&A... We gave it a solid look.” He reckoned a …
Gavin Clarke, 17 Jun 2016
German battleship sinking at Scapa Flow

Quantum is shutting down sync'n'share biz Symform in July

Storage firm Quantum bought the Symform cloud consumer/small business file sync and share business in August 2014 – and is going to close it down on July 31. It has gone from acquisition to closure in 23 months. Why? According to a Quantum FAQ: "Quantum is discontinuing the Symform service due to its strategic business focus …
Chris Mellor, 17 Jun 2016
Chinese Fen Shui good luck coins

Chinese numerologists are betting Dell/EMC deal will make them rich

The Register can reveal that Chinese numerology is playing a part in Dell's acquisition of EMC. Deep in the SEC filings about the deal is the factoid that a parcel of 18,181,818 shares of Class C Common Stock will end up in the hands of “Venezio Investments Pte. Ltd., an affiliate of Temasek Holdings (Private) Limited.” The …
Simon Sharwood, 17 Jun 2016

Vanishing EMC golden handcuffs could cause brain drain

Stock option-incentivised EMC staff could brain drain out of the company as the Dell acquisition will cash-out their stock options, de-incentivising them. We're told by an EMC insider that: "All EMC golden handcuffs disappear at the Dell acquisition. That is, immediately prior to the acquisition, all EMC restricted stock units …
Chris Mellor, 17 Jun 2016

LinkedIn denies WWDC stunt

LinkedIn is denying that its $25bn acquisition by Microsoft was timed to steal Apple's Worldwide Developers Conference (WWDC) thunder. In an employee Q&A the business-minded social network provided to a US financial watchdog, LinkedIn says that it did not purposely announce the deal during the Apple developer conference as a …
Shaun Nichols, 17 Jun 2016
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Ex-SAP exec and pals accused of $500,000 insider trading scam

A former SAP executive and his associates allegedly ran an insider trading ring to net hundreds of thousands of dollars. Chris Salis was, until recently, global vice president and general manager for procurement at SAP. US financial watchdog the SEC claims he used his inside knowledge of SAP's takeover of Business Objects in …
Iain Thomson, 16 Jun 2016
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Samsung to acquire Joyent

Container pioneer and Sun alumni lair Joyent has been bought by Samsung. Since the buyer is a world-spanning industrial powerhouse, the acquisition is too small for Samsung to have to talk about the price. Joyent's probably most famous as the first corporate steward of node.js and one of the language's largest users. It's …

Cavium and QLogic sitting in a tree, S I G N I N G

Cavium's hoping to launch a big data centre push on the back of its US$1.3 billion acquisition of server and storage networking outfit QLogic. The cash-and-shares buy will give Cavium a more direct footprint in the data centre, as well as the $350 million-plus on QLogic's balance sheet. Cavium says QLogic's connectivity and …
Cortana on a Mac courtesy of Parallels 11

The Microsoft-LinkedIn hookup will be the END of DAYS, I tell you

Sysadmin blog In case you've been living under a rock, Microsoft has bought LinkedIn. Unlike many, you'll notice I'm not laughing. I am not amused. I'm am, in fact, quite afraid. In many regions – my home nation of Canada being one of them – LinkedIn absolutely dominates career discovery and acquisition. Note the term "career". Jobber …
Trevor Pott, 14 Jun 2016

Man-in-the-middle biz Blue Coat bought by Symantec: Infosec bods are worried

Analysis Symantec’s deal to to buy Blue Coat, the controversial web filtering firm, for $4.65bn will bolster its enterprise security business. But some security experts are concerned about the potential for conflict of interest created by housing Symantec’s digital certificate business and Blue Coat’s man-in-the-middle SSL inspection …
John Leyden, 14 Jun 2016

Microsoft and LinkedIn: What the CEOs are planning

"Remember that dystopian view of the future in which technology displaces millions of people from their jobs? It's happening." So begins the less-than-cheery explanation of the huge $26.2bn acquisition of LinkedIn to staff by its CEO Jeff Weiner. Weiner appears to recognize that for many of his employees, being acquired by …
Kieren McCarthy, 13 Jun 2016

Microsoft's paid $60 per LinkedIn user – and it's a bargain, because we're mugs

Analysis How can you explain the $25.4bn price tag for Microsoft's acquisition of widely-loathed social network LinkedIn? It's easy. It's all about your personal data, of course. But the price Microsoft puts on your personal data is of particular interest here. Two years ago, Facebook splurged $18.4bn for the over-the-top IM app …
Andrew Orlowski, 13 Jun 2016
2x2 Rubik's cube

MBE? Pah! Gartner gurus made us an MQ L

Gartner’s magic quadrant-producing gurus have awarded Commvault the data centre backup and recovery Iron Throne. They have also added Veeam to the Leader’s quadrant and severely pruned the niche player section, following a market criteria review, in "response to Gartner client requests to focus more on backup and recovery …
Chris Mellor, 13 Jun 2016
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Microsoft to buy LinkedIn

Microsoft is to buy online CV endorsement factory LinkedIn for $26.2bn, it has just announced. The acquisition was announced by Microsoft on their website. The all-cash transaction values LinkedIn at $26.2bn, inclusive of LinkedIn's net cash. LinkedIn CEO Jeff Weiner will remain CEO of it and report to Microsoft CEO Satya …
Gareth Corfield, 13 Jun 2016
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Symantec swoops on Blue Coat in $4.65bn deal

Blue Coat has scrapped its IPO plans in favour of a $4.65bn takeover by IT security rival Symantec. Greg Clark, Blue Coat CEO, will take the helm at Symantec, so resolving the question of succession of Mike Brown, who announced his resignation as CEO in April. On a pro-forma basis, the combined company would have $4.4bn in …
Drew Cullen, 13 Jun 2016
Cut cable

You. Comcast, TWC, Charter, DirecTV, Dish. Get in here and explain yourselves – Congress

The US Senate's Permanent Subcommittee on Investigations has called on the nation's cable and satellite providers to testify about their customer service failings. Senators Claire McCaskill (D-MO) and Rob Portman (R-OH) said that they have requested that executives from Comcast, Time Warner Cable, Charter, DirecTV and Dish …
Shaun Nichols, 10 Jun 2016
Michael Dell, photo: Dell

Dell slips into a slimmer red dress after sales diet

Dell had an unremarkable Q1 of fiscal 2017, with its parent Denali Holding Inc today reporting revenues down 2 per cent year on the year to $12.5bn, but greatly reduced operating losses, trimmed 52 per cent from $335m to $161m. The company burned through $63m in cash in the three months ended April 29 but this pointed to " …
Drew Cullen, 10 Jun 2016
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Nimbus Data CEO shoots from the hip at NetApp's SolidFire buy

Nimbus Data CEO Thomas Isakovich thinks NetApp's purchase of SolidFire is its final great mistake. He told us: “SolidFire’s poor density and egregiously high energy consumption violate the very customers they are trying to appeal to: cloud builders that have to pay for data center rack space and power bills. We suspect that …
Chris Mellor, 09 Jun 2016
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Pulsant swallows Onyx – just like we told you they would

Bit barn and cloud services seller Pulsant has confirmed this morning it has devoured fellow data centre services business Onyx. Financial terms were not disclosed but when The Channel exclusively revealed the agreement some weeks ago, our sources told us £65m had changed hands. The buy gives Pulsant an expanded base with …
Paul Kunert, 09 Jun 2016
Artist's impression of Cygnus

Reg photography special: Get a better snap of a BLACK HOLE

MIT boffins have developed an algorithm to help astrophysicists see the unseen, improving the resolution of black hole “images”. Working with Harvard University collaborators, the MIT Computer Science and Artificial Intelligence Lab (CSAIL) researchers' algorithm improves the imaging quality of the international-scale Event …

Microsoft, Google cosy up in the Skia lodge: 2D lib added to build tools

Microsoft's Miguel de Icaza, who joined the Windows giant earlier this year with the Xamarin acquisition, has announced new features for cross-platform development using Visual Studio, Xamarin Studio and C#. Xamarin brought a set of C# libraries, tools and compilers to Microsoft, enabling developers to target iOS, Android and …
Tim Anderson, 08 Jun 2016
Suspicous process detected: Microsoft's Scott Guthrie shows off the Azure Security Center

Microsoft's Scott Guthrie wrote code live on stage for Azure devs

Microsoft’s Executive Vice President of Cloud and Enterprise, Scott Guthrie, came to London’s Mermaid Theatre on 3rd June 2016 to present to around 600 IT folk at the Azure Users Group, at an event called AzureCraft. It is unusual for someone on this page to come to this type of event, and even to engage in the precarious …
Tim Anderson, 06 Jun 2016
cloud

Storage vendors that don’t look like storage vendors any more

Comment Yesterday I was at the Solidfire Analyst day and this idea about the cloud-enabling vendor popped up just after a couple of hours of presentations and demos. The new licensing model, new features and also how the software works and is presented is unusual, not only from traditional storage vendors, but also from many storage …
Virgin Media Tivo

Tivo's new owner ponders binning its own boxes

Tivo's new owner Rovi has hinted that it might get out of box retailing and focus on software and services. The source of the news is an SEC filing that records a presentation Rovi made to analyst firm Cowen and Company's Technology, Media and Telecom Conference. The document details Rovi chief financial officer Peter Halt's …
Warwick Hospital accident and emergency

Who's to blame for the NHS drug prices ripoff?

The NHS has been hit by a new scandal – overpaying for generic drugs. It’s a cracking story, and all credit to The Times for breaking it. The Thunderer reports how the NHS buyers continued to acquire drugs at eye-gouging prices, using prices set by the marketing middleman, when much cheaper alternatives could have been …
Andrew Orlowski, 03 Jun 2016
management strategy1

Chess makes another move, picks up Lanway

Chess has consumed Burnley-based infrastructure reseller Lanway for an undisclosed sum. The deal adds roughly £21m of top line revenues to Chess, certifications from HPE, Dell, and NetApp and roughly 100 heads to the the payroll. Typically, Chess tends to buy specific divisions at companies rather than the entire company …
Paul Kunert, 02 Jun 2016
SQL Server 2016 supports hybrid cloud as well as on premises deployment

SELECT features FROM bumf... What's new in MS SQL Server 2016

Microsoft has released SQL Server 2016, adding new security features, improved query profiling, Hadoop integration, hybrid cloud capabilities, and R analytics to its database server, along with numerous other improvements. Calling SQL Server a "database server" does not do justice to its scope. The main components are: …
Tim Anderson, 01 Jun 2016
Mellanox bluefield

Mellanox's SoCs take a night on the Tiles

Fancy a high core count ARM system-on-a-chip? That's what Mellanox is packing into the BlueField SoC processors it hopes will give it the edge in the hyperscale market. Bob Doud joined Mellanox in the latter's US$811 million acquisition of EzChip, whose Tilera multicore chip technology is a big part of the BlueField …
Marc Benioff of Salesforce. Pic: Techcrunch

Salesforce slurps up Demandware for $2.8bn

Cloudy CRM biz Salesforce has slurped up e-commerce provider Demandware for $2.8bn (£1.9bn) in a bid to broaden its portfolio. Salesforce has rarely turned a profit in its last 17 years, preferring to prioritise growth - a strategy its newest acquisition will reinforce. For its full-year ending January 31, Salesforce posted $ …
Kat Hall, 01 Jun 2016
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IDC rolls out all-flash crystal ball again and it's all gone a bit weird

IDC has issued all-flash array revenue numbers showing EMC is the belle of the AFA ball, with Pure fourth in the market, behind EMC, IBM and HPE, while NetApp and Huawei are wallflowers. The numbers more or less agree with Gartner’s all-flash array (AFA) supplier revenue shares published in April, but differ in detail. We …
Chris Mellor, 01 Jun 2016
Jason Beres, Infragistics Senior VP, Developer Tools. Pic by Tim Anderson

Microsoft's Universal Windows Platform? It's an uphill battle, warns key partner

Keeping pace with Microsoft's ever-changing developer story has not been easy. Just ask Infragistics exec Jason Beres, Senior VP Development Tools. I spoke to Beres at Gartner's recent London event on Application Architecture, Development and Integration. Infragistics sells developer tools and components and is a veteran …
Tim Anderson, 31 May 2016
Developing an ASP.NET Core application with Visual Studio Code

Compatibility before purity: Microsoft tweaks .NET Core again

Microsoft's open source fork of the .NET platform, called .NET Core, will be modified for better compatibility with existing applications, says Program Manager Immo Landwerth in a recent post. When the company embarked on its .NET Core effort, it took a minimalist approach, stripping out legacy code in order to get the best …
Tim Anderson, 31 May 2016
Nimble Storage array

Flash. Arrrgh. Nimble sales down

Hybrid array and recent all-flash array supplier Nimble Storage shows the effects of its late AF-Series flash array market entry and hyper-competitive market with its first quarter-on-quarter revenue decline. Revenues of $86.4m in its first fiscal 2017 quarter were 21 per cent higher than a year ago but down 4 per cent …
Chris Mellor, 27 May 2016
NetApp Flash Array

NetApp shrinky-dinks ONTAP 9: Will support 4:1 data reduction

NetApp has re-engineered Data ONTAP, its main, FAS array operating system, to make better use of flash storage, and operate across software-only and cloud deployments to form what NetApp calls a data fabric. The upgrade from Data ONTAP v8 is called ONTAP 9, and NetApp says it is a simpler system to operate, claiming it can be …
Chris Mellor, 27 May 2016

We see what you're up to, Intel, with your eye-o-tee vision

Intel reduced to a component supplier to auto-makers? Don't rule it out, readers, or rate it a cut-rate fate for Chipzilla, because the company has just made a bet in just that field. The bet is the acquisition of a company called Itseez Inc, “an expert in Computer Vision (CV) algorithms and implementations for embedded and …
Simon Sharwood, 27 May 2016

​The hybrid cloud wants your data

Promo A coding competition is coming soon, brought to you by The Register in partnership with IBM. For now all we can tell you is that IBM's Cloudant platform will play a part in the proceedings. So let's get the ball rolling with this call to developers, data science professionals and IT analytic architects to sign up now for a …

Asteroid-sampling spacecraft prepped for September launch

NASA's improbably acronmyed* "Origins, Spectral Interpretation, Resource Identification, Security – Regolith Explorer" (OSIRIS-REx) spacecraft has arrived at Florida's Kennedy Space Center ahead of a September launch on an asteroid-sampling mission. OSIRIS-REx will travel to near-Earth asteroid Bennu, arriving in 2018, and …
Lester Haines, 24 May 2016
Swiss Cow

Networking not cutting it: Brocade needs wireless to pull revs up

Brocade reported second quarter revenue of $523m, down 4 per cent year-over-year from $547m, and a 9 per cent quarter-over-quarter decline from $574m, as general storage networking sales weakness impacted its results. Segment-wise: SAN product revenue of $297mn was down 5 per cent year-over-year Fibre Channel directors …
Chris Mellor, 20 May 2016
Mr Creosote prepares to gobble

Charter-TWC merger official

Charter has finalized its $78.7bn acquisition of Time Warner Cable and Bright House. The company announced on Wednesday that after months of legal wrangling with government regulators, the three-way merger deal to create the second-largest cable carrier in the US was now official. As part of an approval deal with the FCC, " …
Shaun Nichols, 18 May 2016
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
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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 …
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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