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Articles about Acquisition

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 …
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

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 …
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 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
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
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, …
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
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

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
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
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 …

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
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
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
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

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
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
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 …
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
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

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
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 …
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 …

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

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
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
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
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
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
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
Facebook logo

Atlas plugged: Facebook hooks ads to profiles, smears 'em over the web

Facebook has relaunched its Atlas advertising network to take on ad-slinger-in-chief Google. The social network said its revamped platform will allow companies to monitor how their ads are turning – or not turning – into actual sales across devices. Normally, Facebook tracks logged-in people across the web by detecting when and …
Shaun Nichols, 30 Sep 2014
NSA parody T-shirt

Naughty NSA was so drunk on data it forgot collection rules

Declassified documents from America's Foreign Intelligence Surveillance Court (FISC) shows that even the NSA didn't know the limits of what it was supposed to collect, and overstepped its authorisations for years. The documents were released to the Electronic Privacy Information Centre in response to an FOI request, and record …

Missed it? Here's the latest on Microsoft's mobile strategy

Youtube Video For those of you who missed Microsoft UK's summit on the company’s enterprise mobility strategy in London on June 4, here’s your chance to view the proceedings at your leisure. In the vid you can watch Microsoft discuss mobile devices and the role they will play in the company’s “mobile first, cloud first” …
David Gordon, 12 Jun 2014
OLPC XO3 tablet solar cover small

Google gobbles Fitbit whiz Gecko Design to strengthen those things that don't shift ads

Google has bought up Gecko Design, the industrial design house behind products like the One Laptop Per Child PC and Fitbit. "This is an incredible opportunity for everyone at Gecko," Jacques Gagne, Gecko's president and founder, gushed on the company website. "We are very excited and honored to join Google(x) and work on a …
Iain Thomson, 23 Aug 2014
linkedin logo

LinkedIn slurps B2B marketing bods Bizo for $175m

LinkedIn has slurped its second company in as many weeks, splashing out $175m on advertising firm Bizo. Last week, the professional network bought Newsle, a startup that searches the web for articles about people you know (yes, much like Google Alert), for an undisclosed amount. Bizo is a marketing firm that specialises in tech …

Backup bruiser Barracuda bares teeth, gulps down C2C

BJ Jenkins' Barracuda has made its first acquisitive bite, buying mail archiver and manager C2C for an undisclosed mix of cash and stock. It's part of a comprehensive product revamp called Data Protection Plus. Barracuda is a backup, file sync and share and content/application security business, which went through an IPO in …
Chris Mellor, 09 Sep 2014
Iphone_hard_case

Synaptics, longing for Apple's love, gobbles chip outfit Renesas SP

Touch tech kingpin Synaptics has agreed to buy Japanese chip firm Renesas SP Drivers for $475m in a bid to win a bigger presence in the exploding mobile device market. The Japanese company is a joint venture between Renesas, Sharp, and Powerchip that specializes in silicon for managing LCD displays – which, of course, are found …
Neil McAllister, 12 Jun 2014
box_shifting_channel

CMS Distribution bags industry big hitter for sales assault

CMS Distribution has pulled in tech vendor veteran Andy Bass to run its sales and marketing function and help plot the course to more than double the business over the next half a decade. The former Toshiba PC and TV exec veep for Europe split from the company at the start of ’14, rocking up in a senior role at sales performance …
Paul Kunert, 13 Oct 2014
Apple signs for auction

It's a Brit Apple supplier BORG: Two become one £80m fruity tech titan

Private equity-backed Jigsaw24 has swallowed fellow Apple supplier Square Group for an undisclosed sum to create a circa £80m powerhouse in the fruit-branded channel. NorthEdge Capital took a stake in Jigsaw24 in April '13, providing the Nottingham-based dealer with an investment fund to speed up growth both organically and via …
Paul Kunert, 26 Jun 2014

Cisco UCS Invicta off the shelves, for now

Reports are emerging that Cisco is holding back its UCS Invicta storage products because of unspecified performance issues. The kit, for which the Borg laid out US$415 million in September 2013 in its acquisition of Whiptail before a January 2014 launch, put the company into direct competition with partners NetApp and EMC. That …

Lure of OpenStack overwhelms EMC: Must ... SLURP... startup

EMC is reportedly buying the Cloudscaling Group, a software startup helping to manage clouds of OpenStack-using servers, with the deal worth less than $50m. Could EMC be following in Cisco's footsteps? Bloomberg reports the intent is for EMC's cloud strategy to integrate better with OpenStack-using systems. EMC spokesperson …
Chris Mellor, 14 Oct 2014
The Register breaking news

FTC to cast an eye over Google's Waze buy

Google's acquisition of Israeli mobile navigation app vendor Waze is going to get an anti-trust examination by the FTC. Earlier this month, Mountain View's acquisition team flipped open the wallet to the tune of $US1.3 billion for the social map app, its sub-$US70 million revenue, and its claimed fifty million users. When the …

Ex-Autonomy boss Mike Lynch goes nuclear: Claims HP 'misleads' its own shareholders

Mike Lynch, former chief of HP-owned Autonomy, tossed an explosive shareholder letter onto the internet today – just hours before HP's annual investors' meeting in Santa Clara, California. The scathing missive alleges Hewlett-Packard has been "misleading" its shareholders about the reasons behind the computer giant's $8.8bn …
Jack Clark, 19 Mar 2014

Supervalu supermarket stores stung by sneaky sales system scammers

Supervalu, one of the biggest supermarket chains in the US, is warning customers who shopped with them between June 22 and July 17 to check their bank statements, after investigators discovered hackers have been at work. "The safety of our customers' personal information is a top priority for us," said CEO Sam Duncan. "The …
Iain Thomson, 15 Aug 2014
Dr Dre Beats Solo

Forgot About Dre? Not us. Euro bods give nod to Apple and Beats deal

The European Commission has given its official blessing to the $3bn acquisition by Apple of headphone manufacturer Beats. After considering whether the link-up fitted in with merger regulations, the antitrust regulators decided the two firms were sufficiently different that there was no concerns about competition. In a …
Jasper Hamill, 28 Jul 2014