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Articles about Acquisition

IBM's SPSS buyout: FBI cuffs two on insider trading charges

Two stockbrokers have been arrested and charged with insider trading related to IBM’s £1.2bn acquisition of software firm SPSS in 2009, after three others pleaded guilty. Daryl Payton Jr and Benjamin Durant III have both claimed innocence in the face of charges of conspiracy and securities fraud after being arrested by the FBI …

BlackBerry: We'll buy Angela Merkel's phone security company. HA!

BlackBerry has bought privately held German firm Secusmart as part of its drive to become the handset provider of choice for security-conscious clients such as government agencies and big businesses. Secusmart, which specialises in voice and data encryption, was already a partner of the one-time business phone giant, providing …
LSI WarpDrive section

Seagate in surprise $450m LSI Flash gobble

Wow! Didn’t see that one coming; Seagate has scooped up the LSI flash business from Avago, rewriting the flash product supply business at a stroke, and speeding the concentration of flash product supply into fewer hands. Avago bought LSI in December 2013 for a cool $6.6 billion. Now Seagate will buy LSI’s flash biz, the …
Chris Mellor, 29 May 2014

Speaking in Tech: LIVE from Dell World 2014

speaking_in_tech Greg Knieriemen podcast enterprise Here is the latest episode of El Reg's weekly techcast, Speaking in Tech, from Dell World – with Ed Saipetch, Sarah Vela and Matt Baker, Dell's head of Enterprise Strategy, discussing "ecosystems of technology", multiple architectures, and why Dell bought itself. We're all …
Team Register, 12 Nov 2014

Privacy warriors lob sueball at Facebook buyout of WhatsApp

Privacy groups have filed with the US Federal Trade Commission to try to block Facebook's $19bn acquisition of WhatsApp until the social network comes clean on how it's going to use the personal data of the messaging service's 450 million users. Non-profit groups the Electronic Privacy Information Centre and the Centre for …
Red Hat Shadowman

Red Hat snaps a Ceph-ie: Upstart Inktank gobbled for $175m

Open-source slinger Red Hat has bulked up its cloud storage arsenal by buying Inktank, the main developer of Ceph for about $175m in cash. The acquisition of Inktank was announced on Wednesday, and means the Linux distro maker will field two distributed storage systems in the form of Ceph (block and object) and GlusterFS (file …
Jack Clark, 30 Apr 2014
Cloud security

Defence giant BAE coughs $230m for cloud heavy SilverSky

BAE Systems has bought cloud-based email and network security firm SilverSky for $232.5m, seemingly finding the US company's products and customer base irresistible. Ian King, chief executive, BAE Systems, said: "SilverSky has an established sales force, a complementary suite of scalable products and a large installed customer …
John Leyden, 21 Oct 2014
Spitfire cockpit

Dick enters the cockpit, takes controls at NTS

Capita IT Services is waving goodbye to Jonathan Lassman, the long-serving managing director at security reseller NTS UK, which Crapita acquired roughly six weeks ago. Lassman rocked up at NTS in 2004, and is leaving just shy of 10 years at the biz. A Capita spokeswoman framed the departure as being a personal decision – and it …
Paul Kunert, 01 May 2014

Cisco swallows Tail-f, burps out network orchestration plans

Cisco has – depending on your attitude – either bolstered its cloud portfolio or knocked out a competitor, with the $US175 million acquisition of Swedish network orchestration vendor Tail-f. The company and its staff will be Borged into Cisco's Cloud and Virtualization Group led by Gee Rittenhouse, on completion of the cash and …
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 …
Red Hat Shadowman logo

Speaking in Tech: Red Hat, Cisco sitting in a tree, m-e-r-g-i-n-g?

speaking_in_tech Greg Knieriemen podcast enterprise It's El Reg's tech news podcast with hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, the whole crew is together with special guest Aaron Delp of SolidFire. This week we discuss… Eddie's roller coaster (0:55) Cloudcast and the Krispy Kreme Challenge (2:00) …
Team Register, 09 Apr 2014

Hey small biz: You know what you need? A tape library – Overland

Overland has got itself a new NEO tape library (cue jokes about the Matrix Reloaded) called the NEOxl, and it's packed a huge amount of capacity inside it. The two models in the product line both support LTO5 and LTO6 tape formats and come in 6U enclosures: NEOxl 60 To 3 drives and 60 slots 90TB-375TB capacity (90TB is …
Chris Mellor, 17 Oct 2014

Keep your iPhone calls private, whispers Signal

The crew at Open Whisper Systems has announced Signal, an app offering encrypted voice calls between iPhones. The open source group has been working on its projects ever since Whisper Systems, co-founded by Moxie Marlinspike, was acquired by Twitter in 2011 – an acquisition that took its Redphone Android project offline, amid …

Qualcomm puts $US300M price on Wilocity's head

Qualcomm is reportedly getting ready to acquire high-speed 60 GHz WiGig chip-maker Wilocity, according to a report out of Israel. According to financial site TheMarker, the mobile silicon vendor is putting a $US300 million price tag on the acquisition (original here). Qualcomm, along with Marvell Semiconductors, was part of an …
cloud

Extreme adds switches and partners

Extreme Networks has launched a quartet of switches and a management appliance, in what it says is an expansion of its software defined network (SDN) strategy. Back in June, the company launched its OpenStack SDN platform. That launch wrapped a bunch of API toolkits together with NetSight management and Purview optimisation …
Red Hat 100 Dollar

Red Hat to Wall Street: I came here to chew FeedHenry and kick some ass. And I'm all out of FeedHenry

Red Hat surprised analysts with very strong earnings for the second quarter of its fiscal 2015 on Thursday, even as the Linux vendor looked to enter the enterprise mobile apps market with a €63.5m ($82m) acquisition. The Wall Street wizards were expecting Red Hat to report revenues of $437.13m but it beat that figure handily, …
Neil McAllister, 19 Sep 2014
Beats Music The Sentence

Apple Fanboi? Stand by to get Beats Music LIKE IT OR NOT

Apple will attempt to install a Beats Music app in all recent iThings in early 2015, it's claimed. The music streaming service will be added via an over-the-air iOS update in early 2015, the Financial Times reports. With the software installed, fanbois can stream music over the internet on a monthly basis without having to grab …
Shaun Nichols, 19 Nov 2014
apothekerCHANGES2

Autonomy ex-moneyman: 'Visionary' Léo would have made HP merger work

The former chief financial officer of Autonomy has struck back against HP's claims that he defrauded it and its shareholders, arguing that HP's execs were solely responsible for bungling the company's $10.2bn acquisition of Autonomy in 2011. "HP's Opposition swells with bile, but its sound and fury signify nothing," lawyers for …
Neil McAllister, 12 Aug 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 …
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
Fusion-io ioSgale 3.2TB card

How to grill an American VC... on the storage upstart world

How do VCs view the storage startup world? Willem ter Harmsel talks to Alex Benik, a partner at Battery Ventures, where he focuses on IT infrastructure technologies. He previously worked for the Yankee Group. Battery Ventures is a large venture fund that invests in a wide variety of startups, divided into eCommerce & Retail, …
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

Huawei buys Cambridge Internet of Things pioneer Neul

Thirty-person company Neul has been bought by Huawei for a reported $25m to turn the UK into a centre of excellence for Internet of Things. The deal will have proved to be hugely profitable for the lead investors DFJ Esprit and IQ Capital as well as a long tail of smaller investors. CEO Stan Boland – whose CV includes stints at …
Simon Rockman, 22 Sep 2014
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Systemax: Senior Blighty bods let us down, so we cut them

Systemax has opened up on the senior management re-org of UK ops after admitting the business took a turn for the worse over the summer. The transatlantic reseller last night reported calendar Q3 financials: turnover was up four per cent year-on-year to $825.4m, but excluding the SCC Netherlands acquisition, organic growth was …
Paul Kunert, 05 Nov 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

Storage startups: Hey VCs, it's not just the size, it's the frequency

The funding pattern for storage startups has radically changed as newer young companies in hotly contested marts race for growth. The chart shows the various funding events we have recorded for 32 individual storage startups. These may be declared VC funding rounds or strategic investments. The units are millions of dollars, …
Chris Mellor, 07 Oct 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
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

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

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
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
Facebook WhatsApp

WhatsApp, Zuck? Facebook finally finishes $22bn upstart gobble

Having secured the blessing of European regulators, Facebook has completed its $21.8bn acquisition of WhatsApp. The company on Monday finalized with the US Securities and Exchange Commission that the deal, which adds up to about $50 per user account, has now been finished, complete with a $4.59bn cash payout to WhatsApp …
Shaun Nichols, 07 Oct 2014
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 …

Will EMC swallow cloudy upstart? These analysts seem to think so

Any move by EMC to acquire Maginatics — and the latter’s software-only cloud storage gateway — would be a “very smart buy”, according to analyst Ben Woo at technical consultancy Neuralytics, following speculation the storage giant is closing in on the startup. “Software defined storage is not just about on-premise [developments …
Chris Mellor, 21 Oct 2014

Docker acqui-slurps Koality

Containerisation darling Docker has made an acquisition, slurping Koality for an undisclosed sum. Koality offers a continuous integration product, which Docker wants because CEO Ben Golub sees his company's eponymous product being used during the software development lifecycle. Docker's not a continuous integration company and …
Simon Sharwood, 07 Oct 2014

Yahoo! Timestamps! Now! Block! Facebook! Email! Snoops!

Facebook has begun using a Yahoo! email standard created in August last year to prevent snooping through the acquisition of old addresses. The standard dubbed dryly Require-Recipient-Valid-Since (RRVS) informs Facebook and others of the last point in time ownership of an email address was known. Facebook software engineer …
Darren Pauli, 24 Oct 2014
HP Pre 3 WebOS smartphone

HP to shutter webOS cloud services

HP has announced it will shut down webOS cloud services on January 15th, 2015. The company says it's given the few owners of webOS devices three years of service since canning the software, but that “The user count has dwindled to the point where it is no longer viable to keep the services running.” Devices running webOS will …
Simon Sharwood, 17 Oct 2014
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
bose_QC15_01

Shh! Bose and Apple ink SECRET deal to settle 'noise-cancelling' suit

Bose has settled its patent dispute with Apple-owned Beats over noise-cancelling tech for headphones, although details of the deal remain confidential. Bose had sued Beats back in July, claiming that the newly fruity firm infringed on five of its patents for headphones relating to noise-cancelling, a technology Bose said it had …
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 …
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

Daisy back door sniffers bag extension to come up with the cash

It may be third time lucky for Daisy Group CEO Matthew Riley and his fellow consortium bidders, who were today granted yet another extension to show their money to the LSE-listed firm’s shareholders. Riley, along with Toscafund and Penta Capital, made advances to acquisitive B2B comms and tech supplier Daisy in August, but have …
Paul Kunert, 06 Oct 2014

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

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
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
Fujitsu_CD1000

Fujitsu's ETERNUS CD10000: Better Ceph than sorry?

So Fujitsu has announced the ETERNUS CD10000 – its latest storage product designed to meet the demands of the hyperscale and the explosion in data growth and it’s based on… Ceph. It seems that Ceph is quickly becoming the go-to scale-out and unified system for those companies who don’t already have an in-house file-system to …
StorageBod, 06 Nov 2014
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
SAP

How's this for a biz expense? SAP pops $8.3 BEELLION on company card for Concur

SAP has announced it has agreed to acquire enterprise travel and business expense management software purveyor Concur Technologies in an $8.3bn takeover deal. The Germany-based giant will shell out $129 per Concur share – a 20 per cent premium – in a deal it expects to close by the end of the year or early 2015. SAP plans to …
Shaun Nichols, 19 Sep 2014