Articles about Acquisition

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
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
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

Pricey buys pay off for shape-shifting Alternative Networks

Revving up the acquisition engine got previously misfiring B2B comms and tech outfit Alternative Networks' top line motoring again, but some resulting cost hikes dampened the bottom line. The AIM-listed firm reported a 20 per cent sales bounce to £137.8m for the year ended September, and it returned to organic growth, albeit at …
Paul Kunert, 10 Dec 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

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 …
Lego Minecraft

Microsoft's rumoured $2.5bn Minecraft gobble expected on Monday

Microsoft is reportedly planning to spend $2.5bn on the rumoured buyout of Minecraft maker Mojang, with a deal speculatively set for Monday. As The Register noted earlier this week, such an acquisition would be the first big payout for new Redmond chief Satya Nadella. Reuters reported that Microsoft would scoop up the game …
Kelly Fiveash, 14 Sep 2014

Google straps on Jetpac: An app to find hipsters, women in foreign cities

Google has bought Jetpac, an image-recognition app that uses Instagram photos to help travelers find what they’re looking for in cities – women or hipster moustaches, for example. The software's website declared that it was joining the internet behemoth and would be taking its apps off the App Store and ending support for them …

Ausgezeichnet! Logicalis devours German channel biz

Integrator Logicalis has wolfed down German infrastructure services biz Inforsacom for an undisclosed sum. Some would say this is a brave move given the state of that country IT market and wider economic woes, with Forrester forecasting a 1.2 per cent rise in spending on tech for 2014. But perhaps Logicalis grabbed a bargain …
Paul Kunert, 02 Dec 2014

Life is good in the data centre – UKFast boss reports from hot tub

If life is hard in the data centre space, then someone forget to tell the boss of UKFast, who may just be toasting a bumper 2013 from the confines of his corporate hot tub. The Manchester-based hosting biz, which plies its trade from three fully owned bit barns in Trafford Park, posted results for last calendar year and they …
Paul Kunert, 13 Oct 2014

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 …

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 …

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
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

Speaking in Tech: LIVE from Dell World 2014

Podcast 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

Silver-tongued phish bait lures execs, hooks M&A deals

A hacking group has been stealing identity information and reading emails to get the inside edge on stock markets to buy and sell to make quick profits. Vendor FireEye reckons the group sent articulate phishing emails with malicious attachments demonstrating "deep" knowledge of financial markets and corporate communications. In …
Darren Pauli, 02 Dec 2014
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 …
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 …
Red Hat Shadowman logo

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

Podcast 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

Fait Acompli: Microsoft gobbles Android email upstart for $200m

Microsoft has stumped up a reported $200m for San Francisco-based email app-maker Acompli. That Microsoft wanted to gobble Acompli was the worst-kept secret in the industry: a crazy fingered insider had penned a short-lived blog post that had a URL suggesting Microsoft was acquiring the firm, and hit publish before they were …
Paul Kunert, 01 Dec 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

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 …

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 …
eBay

eBay planning massive job cuts following PayPal split – report

Holiday good cheer may be short-lived for eBay employees this year, many of whom could reportedly lose their jobs not long after the Christmas shopping season. According to The Wall Street Journal, the online tat bazaar is considering cutting as much as 10 per cent of its workforce in the New Year, with most of the 3,000 layoffs …
Neil McAllister, 11 Dec 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 …
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 …

Dedupe, dedupe... dedupe, dedupe, dedupe: Oracle polishes ZFS diamond

Oracle's ZFS is widely lauded as a great file system even though several suppliers that use it for their own products have replaced its deduplication code with their own. One such was GreenBytes, a startup which developed an all-flash array for virtualised servers and focused on VDI. It switched to a software-only model after …
Chris Mellor, 11 Dec 2014
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
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
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

Interview 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, …
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
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
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 …

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
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
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

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

Comment 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

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

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
eyeofSauron

Lawmakers should grab red pen and let it RIPA on snoops law – experts

Legal experts have called for a full legislative review of the controversial Regulation of Investigatory Powers Act 2000 (RIPA) that goes "far beyond" updates to the codes of practice governing its use. This week the Home Office published a code of practice for the use of covert surveillance under RIPA, and on Tuesday it also …
Kat Hall, 11 Dec 2014