Articles about Acquisition

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014

Avago divests another chunk of LSI to Intel

Fresh from its acquisition of LSI, Singapore-based Avago Corporation has carved out the Axxia network processor business and flogged it to Chipzilla for US$650 million. Axxia's silicon targets data centre networking applications with PowerPC and ARM architecture devices for switches and line cards. The company has around 650 …
Sunrise calendar app

Microsoft slurps Apple-happy, Google-tastic Sunrise calendar firm

Microsoft’s personal productivity apps acquisition spree continues, the latest slurp being that of Sunrise, a provider of calendar apps for Mac, iOS and Android. Sunrise accounts Sunrise links to multiple calendars and cloud apps The Sunrise app does not maintain a calendar of its own, but provides an aggregated view of …
Tim Anderson, 12 Feb 2015
T-Mobile Sprint

Sprint spits out T-Mobile US gobble bid, says goodbye to CEO – claim

Sprint is set to give up its attempt to acquire T-Mobile US and plans to replace its own CEO, or so it is claimed. The Wall Street Journal cited unnamed sources in reporting that fears monopoly watchdogs would nix the merger led US carrier Sprint to abandon its pursuit of T-Mob US. The deal was rumored to be worth as much as US$ …
Shaun Nichols, 06 Aug 2014

WD and HGST: We tried to merge our two drive makers, MOFCOM said NO, NO, NO

Analysis Although WD’s acquisition of HGST was approved over two years ago, Chinese regulatory authority MOFCOM is still preventing the full integration of their respective drive-making ops. The Ministry of Commerce of the People’s Republic of China (MOFCOM) has always maintained it was not keen to see WD and its HGST subsidiary move …
Chris Mellor, 10 Dec 2014
French fries

NXP snaps up Freescale to form new chipzilla

Dutch chip company NXP has snapped up US rival Freescale Semiconductor for $11.8bn (£7.7bn). The deal is expected to create a combined annual turnover of $10bn (£6.5bn), with NXP claiming the new entity will have a market valuation of $40bn (£26bn). NXP said it expects to make $200m (£130m) in the first full year after closing …
Kat Hall, 02 Mar 2015
O2 XDA Argon

BT in talks to RE-SLURP O2 after spitting it out a decade ago

BT could be the new owner of Blighty mobe network O2 if talks with Spanish parent Telefonica go well. The ex-national telco has confirmed the talks, which were first reported on Spanish website El Confidencial. Sources told the site that Telefonica was keen on selling O2 to British Telecom in return for a 20 per cent stake in …

UK print peddler Annodata slips ring on Berkshire firm's finger

Hertsfordshire-based print services and comms house Annodata has wolfed down once-high-flying enterprise infrastructure supplier Keltec for an undisclosed sum. The pair went public on the marriage today that will see a bunch of vendor accreditations including the HP Gold, VMware Enterprise Solution Provider and Veeam Gold Pro …
Paul Kunert, 03 Nov 2014

Google's broadband-in-the-sky goes TITAN-ic

After a couple of years of selective reveals to favoured media, Google has made an uncharacteristic to-all-comers announcement about its broadband plans at Mobile World Congress in Barcelona. The Chocolate Factory bought drone-maker Titan Aerospace in 2014, and has told the conference its solar-powered drones will be carrying …

Azlan UK boss made 'redundant' amid restructure

Tech Data (TD) UK has restructured its Azlan enterprise tech business unit, taking out the top dog Gareth Hansford in a cost cutting shimmy. The industry veteran left this month, the start of the distie’s new fiscal year, and the decision to make him redundant came after analysis of the books. Hansford confirmed to The Channel …
Paul Kunert, 25 Feb 2015
HockeyApp + Microsoft logos

Microsoft shells out the pucks for analytics firm HockeyApp

Microsoft has acquired HockeyApp, a service for testing and analysing apps in development for iOS, Android, Windows Phone and Mac OS, for an undisclosed amount. The Stuttgart-based team launched HockeyApp in 2011. Using the service, developers can deploy preview apps to testers, get feedback, analyse crash reports, and view …
Tim Anderson, 11 Dec 2014

Lenovo still ‘not satisfied’ despite MEGA PROFIT rise

PC giant Lenovo continued its (slow) march toward world domination in the second quarter, as profits climbed a very healthy 19 per cent to $262m and revenue rose seven per cent to $10.5bn, compared with the same period last year. The Chinese computer tech company shipped a record amount of kit for the three months to September, …
Kat Hall, 06 Nov 2014

Cloudera taps new CEO for inevitable IPO push or acquisition

Big-data hotshot Cloudera has a new CEO: Tom Reilly, an industry veteran who has guided other tech firms to profitable acquisitions. But don't automatically assume that the privately held Cloudera is shopping itself around – an IPO is also a real possibility. Judging from some changes among Cloudera's top brass, it looks like …
Google car

Google creeps up on another sector: Adds car insurance to Compare

Google has added car insurance to its "Google Compare" suite of products, which are "designed to help people make confident, more informed financial decisions." Insurance providers have been told by the Chocolate Factory that "people searching for car insurance on their phone or computer can find you along with an apples-to- …

Cloud storage upstart boasts of swollen biz, hires the CFO who sold Archivas

Comment Cloud storage gateway startup Nasuni reports that it experienced 300 per cent growth in 2014* and has just recruited a CFO who helped sell the founder's previous company – Archivas – to HDS for $127m in 2007. Nasuni has recruited Scott Dussault to be its combined CFO and COO, saying he's experienced at scaling a company for fast …
Chris Mellor, 29 Jan 2015
Apple iPod Camel Breathless album

iHump? Apple buys Camel Audio – report

Apple appears to have scooped up British music software specialist Camel Audio Ltd. As spotted by MacRumors, the outfit's UK address recently changed to 100 New Bridge Street, London, which just so happens to be Apple's registered office in Blighty. A filing (PDF) with Companies' House confirmed the new home of Camel Audio. …
Kelly Fiveash, 24 Feb 2015
globalisation

Distie acquisition helps Tech Data beat the street

Tech Data increased sales for the three months ended 31 October 2010 by 9.2 per cent to $6.16bn. The distie giant's profits for the period were up to $81m, compared to $65.1m for the same period last year. This gives earnings per share of $1.07, compared to 84 cents in 2009. Operating margin was 1.31 per cent, compared to 1.15 …
John Oates, 22 Nov 2010
iiNet actor

iiNet to be scooped up by TPG for $1.4 billion

Competition in the Australian broadband market is about to take another step backwards in favour of consolidation, with TPG announcing it's going to buy iiNet. iiNet has long been a favourite of Australia's Internet users for doing battle with "big content" over its right to take piracy cases all the way to end users. It won the …

Ah ha, mon amour violet ... French Iliad attempts to nibble on T-Mobile US

French telco Iliad has made a surprise offer to acquire a majority stake in mobile carrier T-Mobile US, though the bid may have already been shot down. Following multiple press reports, Iliad confirmed it was indeed making an offer to buy out a 56.6 per cent stake in T-Mob US. "The US mobile market is large and attractive," the …
Shaun Nichols, 01 Aug 2014
cake

Reseller SCC buys a slice of Fluidata

IT re-seller SCC has taken an undisclosed stake in London-based data connectivity outfit Fluidata, so as to further muscle into the infrastructure space. James Rigby, chief executive of SCC, said the investment will give the company access to the data telecoms market. "Fluidata positions SCC at the forefront of data centre …
Kat Hall, 23 Mar 2015
Lufthansa plane

Europe rubber-stamps IBM Lufthansa outsourcing gig

The European Commission has given IBM the green light to splash $1.25bn on Lufthansa's tech infrastructure wing. As part of the deal, which includes an outsourcing agreement, the airline will split its subsidiary, Lufthansa Systems, into three companies, offloading the infrastructure division to Big Blue. "The Commission …
Kat Hall, 18 Dec 2014

HP sets net to snare Aruba: reports

HP looks like breaking its long embargo on large acquisitions by snaffling Aruba Networks, according to emerging reports. Bloomberg's report cites the usual “people with knowledge of the matter” as saying the two companies are in talks, adding that the deal is in such early stages that it could still fall through. The Wi-Fi …
management management

Ex-Insight director Griffiths moves to CMS Distribution

Former Insight EMEA director Justin Griffiths has rocked up at ambitious tech supplier CMS Distribution. Griffiths almost seemed part of the fixtures and fittings at Insight - he worked at the business in various roles for more than a decade - but exited late last year. He confirmed on LinkedIn that he has started at CMS as …
Paul Kunert, 26 Mar 2015
padlock

Palo Alto Networks splashes $US200 million on Cyvera

Palo Alto Networks has announced that it's buying Tel Aviv-based Cyvera for $US200 million, including $US88 million in cash. The attraction is the Israeli company's TRAPS (Targeted Remote Attack Prevention System), an endpoint protection system for Windows machines, which PAN will add to its existing firewall and cloud security …
FCC logo

FCC not quite sold on Comcast TWC gobble

The US Federal Communications Commission (FCC) is requesting more information from cable giant Comcast on its planned acquisition of Time Warner Cable (TWC). The Commission sent a letter (PDF) to Comcast's regulatory and legislative office asking the company to provide details on just how its subscriber networks align with those …
Shaun Nichols, 22 Aug 2014

Lenovo to finish $2.1bn IBM x86 server gobble in October

Lenovo will finally get to close the deal on IBM’s x86 server division on 1 October – after slicing a few hundred million off the price tag. The Chinese tech firm will finish the acquisition with a closing purchase price of $2.1bn, which is a little lower than the original $2.3bn price tag because of a change in the valuation of …
Snapchat logo

Yahoo close to investing $20m in disappearing chat app Snapchat

Yahoo! is close to a deal where it would invest $20m of its Alibaba pot in startup Snapchat, valuing the IM service at around $10bn, according to reports. The Wall Street Journal and the Financial Times said that familiar people had told them that Yahoo! had started negotiations with the idea of investing up to $50m, but that …

Texan firm buys disaster recovery bods Neverfail

UK business continuity specialist Neverfail has been acquired by US-based Artisan Infrastructure in a quiet and unannounced deal. Ex-Neverfail MD Martin Mackay said: ”I am not at liberty to give details but we have indeed been acquired by Artisan. They liked our product set a lot and this is good news for customers, partners, …
Chris Mellor, 29 Jul 2014
management strategy4

SAP's ex-Hana chief swallows software firm, bets big on... Hana

The exec who led SAP’s Hana has bought enterprise software management specialist Panaya, pitting his new firm against his old bosses. Vishal Sikka, chief executive and managing director of Infosys, has announced that his firm – India’s second largest outsourcing company – is buying Panaya for $200m. The new acquisition produces …
Gavin Clarke, 16 Feb 2015
management cio2

Hungry Brit giant Daisy Group plans to gobble 'mid-market' tech sector

Logicalis can add group CTO to its list of vacant staff roles as current incumbent Chris Gabriel heads for the door to join mid-market comms and tech beast Daisy Group. Slough-based Logicalis is already looking for a local chief techie to cover the UK and Ireland. The exit of big hitter Gabriel will likely come as a blow to the …
Paul Kunert, 06 Aug 2014

Yahoo! continues quest for youth with yet another acquisition

Marissa Mayer has continued her acquisitions spree with the purchase of gaming software house PlayerScale for an undisclosed sum. "We are happy to announce the next big step toward our goal of building the best possible gaming infrastructure platform: we have been acquired by Yahoo!" said PlayerScale's CEO Jesper Jensen. "And …
Iain Thomson, 23 May 2013

Pure Data buys tech services biz Servatech

Yorkshire has witnessed some M&A channel activity with infrastructure reseller Pure Data Solutions leaping into the IT services market after coughing a six figures sum for minnow Servatech. The deal that closed yesterday afternoon will see 38 services bods and techies at Servatech transfer to the new owners, though they will …
Paul Kunert, 01 Aug 2014

HOW MUCH did WD pay for Skyera? Join the dots, work it out

Comment We at El Reg suggested yesterday, Monday, that WD paid up to $400m for the all-flash array upstart, but WD has since mailed us to say that's wrong. Jim Pascoe, WD's corporate marketing director, told us: "You estimated that Skyera had secured $90m-$100m of funding following on from seed finance. In fact, the total amount Skyera …
Chris Mellor, 17 Dec 2014

Herjavec Group swallows Brit security services minnow Sysec

Candadian managed security services biz Herjavec Group has crossed the pond to hoover up Brit minnow Sysec, a specialist boutique that ploughs its furrow in the same field. The buy forms part of Herjavec’s three-year $250m “expansion plan” - it is more than half way there but may need to make a few more buys to get there given …
Paul Kunert, 05 Feb 2015
Tom Reilly Cloudera CEO

Why Intel's Kings of Xeon handed Cloudera a $740m cash pot

Analysis Why did the Kings of Xeon bet so big on Cloudera, lobbing $740m at it earlier this year and pushing any IPO well into the future? Cloudera, founded in 2008, and distributing Hadoop plus analytics software for big data munching, was a well-funded startup with a string of investment rounds up until 2013. When CEO Tom Reilly came …
Chris Mellor, 03 Dec 2014

Barracuda CEO snaps up post on Nimble board

Barracuda’s CEO, “BJ” Jenkins, has joined hybrid disk array leader Nimble Storage’s board. Doesn’t the day job fill his time? He’s also Barracuda’s president, as if he’s not busy enough. A canned quote from him on his move said: "It's an exciting time to be in the storage business as innovation thrives and new industry leaders …
Chris Mellor, 13 Mar 2015
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 …

Brit telco goes shopping again, tosses Telindus UK into trolley

British telco telent has hoovered up troubled network service provider Telindus UK for an undisclosed sum, its second major acquisition this year, as market convergence moves gains pace with cloud seemingly the meeting point. This is the latest carve up of the Telindus Group, owned by Belgacom, with the Spanish and Irish ops …
Paul Kunert, 04 Nov 2014
BlackBerry Passport

Samsung joins BlackBerry in trashing Reuters biz gobble 'exclusive'

The president of Samsung has to put to rest any lingering speculation that his company was seeking to acquire smartphone minnow BlackBerry. Jong-Kyun Shin said in an email published by Bloomberg that the South Korean biz had no interest in buying the Canadian firm. "We want to work with BlackBerry and develop this partnership, …
Shaun Nichols, 21 Jan 2015
Denmark Minecraft map

What the BLOCK? Microsoft to gobble Minecraft-maker 'for $2bn'

New Microsoft boss Satya Nadella has set his sights on Minecraft maker Mojang as his first major acquisition, according to whispers. The move is probably worth the rumoured $2bn price tag in “woah” value alone, since it's practically the only thing that could have diverted attention away from Apple's iStuff launch on Tuesday. …
Gun and dollars

Ex-Autonomy execs: HP's latest wad blows apart fraud allegations

Another week, another round in the ongoing bunfight between HP and the former management team of Autonomy. This time, the ex-Autonomy bods have claimed that new court documents filed by HP prove the latter has misrepresented the reasons why it had to write down $8.8bn in its botched acquisition of Autonomy in 2011. In a lengthy …
Neil McAllister, 12 Sep 2014
hands waving dollar bills in the air

InMage now InMicrosoft: Redmond slurps disaster recovery hardware biz

Microsoft has made another acquisition that lets it sit Azure-friendly data-protection gear inside customers' server warehouses. Just days after telling its partners that it is preparing to sell StorSimple storage gear that comes pre-loaded with software built for its Azure cloud, Microsoft on Friday announced it had acquired …
Jack Clark, 11 Jul 2014

Hi, I'm Larry. I'll be your software vendor tonight. May I take your coat?

Oracle's US$5.3bn ingestion of MICROS, a provider of hardware, software and services to the hospitality and retail industries, looks to be complete as Big Red has announced the acquisition has spawned a new Oracle Hospitality Global Business Unit. The new team looks to have added Oracle's cloud and mobile bits to the mix, so …
Simon Sharwood, 20 Feb 2015

Big data, come to BIG DADDY: HDS gobbles upstart Pentaho

Hitachi Data Systems is snapping up Pentaho for its big data integration and predictive analysis technology. Here's a quick look at Pentaho's history: Oct 2004: Founded by Doug Moran, James Dixon (CTO), Richard Daley (chief strategy officer) and Marc Batchelor (chief engineer) 2005: $5m A-round 2006: $8m B-round 2008: $12m C …
Chris Mellor, 10 Feb 2015

OK Google: Gobble chat app Emu. OK Google, now shut down Emu

Google has confirmed that it has opened up its wallet to acquire the development team behind the mobile chat app Emu. The web giant has not said what Emu's developers will work on at the Chocolate Factory, but we do know that the new jobs will not include maintaining any of the startup's products. Members of the Emu team posted …
Shaun Nichols, 06 Aug 2014

Disney CEO: Dead Steve Jobs choc-blocked me!

Disney CEO Bob Iger would be helping to guide Google these days, were it not for one Steven P. Jobs. The mouseketeer-in-chief said Apple cofounder Steve Jobs convinced him not to take a spot on Google's board a few years ago, citing the ongoing conflict between Apple and the Chocolate Factory. In the new biography Becoming …
Shaun Nichols, 13 Mar 2015
Marc Benioff

Salesforce fires tractor beam at RelateIQ, hauls upstart into mothership

Salesforce has announced plans to acquire younger rival RelateIQ, a move that will shore up its core customer relationship management business with some advanced technology. The software-as-a-service giant said in an SEC filing published on Friday that it had agreed to pay $390m to purchase CRM startup RelateIQ for $350m in …
Jack Clark, 11 Jul 2014
scissors cut cable

Speaking in Tech: Woohoo – we're CUTTING OFF THE CABLE COMPANIES

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another edition of El Reg's info-packed podcast, recorded in the US by your tech guru hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, Ed is replaced by Amy Lewis, who joins Sarah and Greg to talk about Sling, the death of enterprise computing and Apple's …
Team Register, 11 Feb 2015
Sony's new PlayStation 4

Wanna stream live TV to your Playstation? Get a Vue of Sony's new stuff

Sony has formally launched its subscription-based service that streams TV channels to Playstation consoles. The Japanese entertainment giant said its Playstation Vue package (teased late last year) is now online in a limited rollout to viewers in New York City, Chicago, and Philadelphia. The $50-$70 monthly service brings …
Shaun Nichols, 18 Mar 2015

EMC is shopping for Indian startups

EMC has revealed that it's set aside US$2.3 billion for acquisitions, and is tagging the startup sector in India as one target for its shopping expeditions. The company has told India's The Economic Times in India that it has a particular eye for startups in that country. Chirantan Desai, who heads up EMC's emerging technology …