Articles about Acquisition

hands waving dollar bills in the air

SugarCRM sews up sweet deal to buy out junior upstart Stitch

SugarCRM – producers of customer relationship management system Sugar – have acquired the intellectual property rights "and other assets" of mobile start-up Stitch. Stitch is a the sales automation outfit - or, as they would put it, a "personalised digital assistant" that offers integrated analysis of email, calendar and CRM …

Malwarebytes slurps startup, hopes to belch out Mac malware zapper

Security software firm Malwarebytes is moving into the Mac security software market with the acquisition of a start-up and the launch of its first anti-malware product for Apple computers. Malwarebytes Anti-Malware for Mac is designed to detect and remove malware, adware, and PUPs (potentially unwanted programs). The release …
John Leyden, 15 Jul 2015

HP coughs up $100 MEEELLION to settle Autonomy lawsuit

HP has coughed up $100m (£65m) to settle its legal dispute with a Dutch pension fund over its massive $8.8bn (£5.6bn) Autonomy write-down. HP confirmed today that it has entered into a settlement agreement with PGGM Vermogensbeheer, the lead plaintiff in the securities class action arising from the impairment charge taken by HP …
Kat Hall, 09 Jun 2015
Apple location tracking patent application

Apple wants to patent iBeacon stalking

The fruit of Apple's 2013 acquisition of indoor mapper WiFiSlam seems to have fallen from the tree and landed at the patent office, with Cupertino filing for a find-my-friends feature. Back when the acquisition happened it was speculated that Apple wanted to get into the follow-my-footsteps business that mobe companies have …

Microsoft SLASHES 7,800 bods, BURNS $7.6bn off books in Nokia adjustment

Microsoft will carry out one of its largest rounds of job cuts and a record book writedown in a restructuring plan that calls time on its ill-fated Nokia acquisition. The Windows goliath confirmed on Wednesday (July 8) that 7,800 staff will go, primarily from its phone hardware business – the Nokia devices and services unit it …
Gavin Clarke, 08 Jul 2015
Marc Benioff of Salesforce. Pic: Techcrunch

Someone is trying to buy Salesforce – but who could it be? is being eyed up for an acquisition – and has hired financial experts to guide it through the biz gobble, it's claimed. "Salesforce does not comment on rumors or speculation," the San Francisco-headquartered cloud giant told The Register this afternoon in response to whispers. There has been no formal offer for …
Shaun Nichols, 29 Apr 2015

Exertis parent DCC swallows Computers Unlimited for £24m

DCC Technology has acquired consumer tech distie Computers Unlimited for £24m, the Ireland-headquartered group confirmed today. The buy adds roughly 2,000 trading accounts, offices in London, Paris and Barcelona that employ roughly 200 staff and hardware/software from 70 vendors including Adobe, Epson and WD. CU operates four …
Paul Kunert, 19 May 2015
Exit sign. Pic:  Lukas Kästner

Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …

Amazon slurps Elemental

Amazon Web Services has acquired “software-defined video” player Elemental for an undisclosed sum. According to Elemental's announcement, the transaction is expected to complete in Q4 of 2015. The Information reckons Amazon will fork over US$500 million in cash for the acquisition. Elemental's specialty is on-the-fly video …
Funnel of cash. Credit: via SXC –

Dell seeking $40 BEEELLION to buy EMC NEXT WEEK say reports

Dell is figuring out how to borrow the US$40 billion it would need to acquire EMC, according to reports quoting the usual folks familiar with the deal. CNBC says Dell is prepared to offer $27 a share to buy EMC. It'll need to because EMC shares closed today at $27.18, up $1.22. Bloomberg's take on the deal also uses the $40 …
Simon Sharwood, 08 Oct 2015
Statler and Waldorf - copyright - The Walt Disney company - the muppets studio

Speaking in Tech: Tinder Plus: 4 times pricier... if you're an OVER-28 wrinkly

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another episode of El Reg's best and only tech podcast with your hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, they dig into HP's acquisition of Aruba, Tinder pricing for the *cough* elderly and the prospects for Google+. Their special guest this week is …
Team Register, 04 Mar 2015

Hortonworks to gobble Budapest-based SequenceIQ

Hortonworks decided it needed an automated tool to launch Hadoop clusters in the cloud, or any environment supporting Docker containers, and one buy of SequenceIQ later, ’tis done. The loss-making slinger of enterprise Apache Hadoop is to consume the Budapest-based open source developer of rapid deployment tools, for an …
Paul Kunert, 14 Apr 2015
Uber - living the dream

Uber snaps up hip map startup

Uber, the "sharing economy" company which rose to infamy for being accused of profiteering during the Sydney siege, has bought data mapping and search startup deCarta. It is the first acquisition the controversial company has made since launching. Details of the deal were not disclosed. In a story that may or may not be true, …
Kat Hall, 04 Mar 2015

Node4 buys app developer and cloud purveyor Reconnix

Lloyds Development Capital-backed Node4 has snapped up non-proprietary application development and professional services outfit Reconnix. The bolt-on buy of the Newark-based minnow will serve as the open source division for Node4, which provides co-location from four DCs that it operates, and managed tech and comms services to …
Paul Kunert, 30 Mar 2015

How much did T-Mobile US make from that failed AT&T buyout? How about $7.7bn

A failed 2011 merger with AT&T is paying off in a big way for T-Mobile US. Analysts at New Street Research (via The Wall Street Journal) estimate that a $1bn spectrum package T-Mobile US received in the wake of the ill-fated acquisition has ballooned in value to $4.7bn. The frequencies were part of a $4bn breakup package AT&T …
Shaun Nichols, 31 Mar 2015

Android Patent Dispute: Microsoft, Samsung hug it out

Microsoft's patent row with Samsung over Android licensing has ended with a whimper, not a bang. Redmond has announced that the two firms are now back on speaking terms, and that no, you can't know the details. In a terse statement, Microsoft says actions both in US courts and arbitration in the International Chamber of Commerce …

Cisco borgs UK infosec bods

Cisco Systems is buying Portcullis Computer Security, a UK-based firm specialising in consulting to enterprise and government clients. Both firms are staying tight-lipped about the value of the deal which is expected to complete early in 2016. When that happens Portcullis employees will become part of the Cisco Security …
Kim Kardashian. Pic: Eva Rinaldi

Bulging booty bird Kim Kardashian date game biz adds Britney Spears to bottom line

Chinese social network Tencent has agreed to buy 14.6 per cent of mobile game developer Glu Mobile for $126m. Glu is best known for its Kim Kardashian: Hollywood, where you get to “date and dump celebs at the best parties and hottest clubs! Flirt and become the next huge celebrity power-couple!”. Yesterday the company announced …
Simon Rockman, 30 Apr 2015

BlackBerry pecks up crisis squawker AtHoc to add sauce to BBM

BlackBerry shed some light on its latest acquisition target, AtHoc, today. It looks an improbable fit at first: AtHoc does crisis comms for emergency services and campuses, and its big customers include the military, the Department of Homeland Security and the DoD. Speaking at BlackBerry’s annual security summit in New York, …
Andrew Orlowski, 23 Jul 2015
BT Openreach van

'Tough' UK public sector blamed in BT sales hiccup

Sales dropped 2 per cent to £17.85bn for telco giant BT's full-year results announced today, while profits increased 12 per cent to £3.17bn compared with the previous year. The company primarily blamed its drop in sales on the foreign exchange market, while attributing the profit boost to an efficiency and cost-cutting programme …
Kat Hall, 07 May 2015
Uber launch party by CC2.0 sharelalike attribution

Redmond Uber-alles: 100 Bing staffers driven to dial-a-car developer

Microsoft has agreed to sell off part of its Bing search operation to Uber. Redmond said on Monday that it would be moving its Bing mapping division to Uber, along with approximately 100 MS employees. Financial terms of the deal were not disclosed. For Microsoft, the agreement represents part of an effort within the software …
Shaun Nichols, 29 Jun 2015

AT&T takes issue with Netflix on DirecTV gobble

AT&T has fired a fresh salvo in its exchange with Netflix over the proposed acquisition of DirecTV. The US telecoms giant issued a filing with the FCC disputing the claims made by Netflix that its would-be merger is an antitrust concern. "Before it began pressing for deal conditions in support of its own business agenda, …
Shaun Nichols, 08 May 2015
Wobegong eats Bamboo Shark

CenturyLink boosts DaaS capital by acquiring Orchestrate

CenturyLink is playing the Victor Kiam card, liking the Orchestrate managed database service so much that it's bought the ten-person company. The acquisition adds database-as-a-service (DaaS, as in Kapital) capabilities to CenturyLink Cloud, and brings a bunch of NoSQL specialists into its product development organisation. …

Cisco tipped to buy 'dominant' STORAGE BADBOY Nutanix

+Comment Jared Rinderer, a senior research analyst at Equity Capital Research Group, has claimed Cisco is about to buy converged infrastructure enfant terrible Nutanix. Rinderer reckons Nutanix is the dominant player in the industry, so is therefore the most likely acquisition for Cisco as it looks to make sure the EMC Federation doesn't …
Simon Sharwood, 18 May 2015

NCC bags security services outfit Accumuli for £55m

Managed security services outfit Accumuli has been snapped up by rival NCC for a sum of £55m. Both firms reported a strong increase in turnover last year, according to their Companies House filings. Accumuli's revenue rose 18 per cent to £16.6m in 2014. NCC Group recorded revenue of £110.7m, up 12 per cent. Pre-tax profit were …
Kat Hall, 24 Mar 2015

Lexmark splashes $1BEEEELION on Kofax

Lexmark International is trying to counter flatlining revenues and falling demand for print hardware by splashing $1bn to consume enterprise software seller Kofax. Under the terms of the deal, Lexmark will cough $11 per share and fund the buy with non-US cash on hand and existing credit facilities, it said. Kofax’s portfolio …
Paul Kunert, 25 Mar 2015
IBM's Hursley partner centre: A shop window for datacentres

Outsourcer Capita snaps up Solid State Solutions for undisclosed wonga

Outsourcing giant Capita has gobbled up Basingstoke storage company Solid State Solutions (S3) for an undisclosed sum. The £22m turnover business will sit within Capita's IT Enterprise Services tech biz. The company has 30 staff with more than 300 private and public sector clients. The move is likely to bolster Capita's …
Kat Hall, 23 Dec 2014

Sales layoffs at PernixData: Flogging or IPO on the way?

+Comment Things can get tight, tense and twisted at startups getting close to IPO or acquisition, and management can get hyper-focused on the outcome it wants as issues mount. That seems to be happening at PernixData. After news broke of layoffs at the hot clustered hypervisor-caching startup last week, we have learned more of the high …
Chris Mellor, 11 Aug 2015

Reg readers show Blitz spirit at Computer Museum lecture

Reg Lecture Having a hankering for the shiniest of new kit doesn’t mean you can’t appreciate genius that went into the tech of the past. Otherwise, why would 40-odd Reg readers have squeezed into our final summer lecture, delivered by Kevin Murrell, co-founder of The National Museum of Computing in Bletchley. Kevin deployed a bit of …
Joe Fay, 07 Sep 2015
Boy slurps watermelon. Credit: Shutterstock

Microsoft eats its Dynamics CRM young with Adxstudio buy

Microsoft has picked over the “key product and technology assets” of Adxstudio, a long-time Dynamics CRM and application development partner. The deal will see Microsoft get Adxstudio’s technology, but not its consulting business. That will now be spun off into a new organisation. No-one in either company is talking about the …
Bill Bennett, 29 Sep 2015

Buyout-happy Accenture hits $30bn in sales – as profits slide 10 per cent

Acquisition-ravenous US outsourcer Accenture posted an increase in sales of five per cent to $30bn (£20bn) for financial year 2015, compared with the previous year. Meanwhile, net income dipped 10 per cent to $3.2bn (£2.1bn), following its spending spree over the last year. John O'Brien, an analyst at TechMarketView, …
Kat Hall, 25 Sep 2015

Hackers pop submarine cable operator Pacnet, probe internal networks

Submarine cable and data centre operator Pacnet was breached last month by hackers rummaging through its corporate network accessing emails and administration systems. Pacent was recently acquired by Australia's Telstra, which today disclosed the breach of a "critical server" and is now informing customers and regulators about …
Darren Pauli, 20 May 2015

Busy BlackBerry wheels out BB10 and QNX updates

BlackBerry has updated its mature IoT platform based on real-time OS QNX – which can be found in everything from cars to Cisco routers to nuclear power stations – and announced a new partnership with Intel. The world isn’t exactly short of IoT platforms: a couple come out every week. Huawei’s lightweight open source OS LiteOS, …
Andrew Orlowski, 03 Jun 2015

Dell hooking up with EMC and going public again? Come off it

The rumour mill about a Dell-EMC deal is going hyper, with a $51bn takeover by Dell being mentioned. Is Elliott Management holding a gun to EMC's head? EMC is trying to come up with a shareholder value-unlocking deal under pressure from activist investor Elliott Management, which says EMC investors would be better off if …
Chris Mellor, 09 Oct 2015
IBM Watson QA Power7 cluster

IBM buys 'deep learning' upstart Alchemy API, inhales 40,000 devs

Big Blue has taken a break from its busy axe wielding cost-cutting schedule to buy startup AlchemyAPI and insert 40,000 developers into its "community". Deep learning upstart Alchemy API collects, sifts through and analyses unstructured text and data. According to Big Blue, the acquisition will boost IBM's "Watson ecosystem". …
Kat Hall, 04 Mar 2015

SCC bulging with cash, plans acquisition spree

SCC chief exec James Rigby has talked up a "programme of investment" for his company as it waves goodbye to its wholesale arm, Specialist Distribution Group, that was sold to Tech Data for £220m. The deal, announced in the summer, received the all clear from the European Commission's competition watchdog after it decided there …
Paul Kunert, 02 Nov 2012

Big Data investment? Tick, says MXC Capital

Channel merchant banker MXC Capital has splashed £4.8m on a minority stake in big data analytics minnow Sagacity Solutions - a price tag that matches the software firm’s turnover last year. The move comes weeks after MXC director Ian Smith told us he wants to place bets behind businesses in software development, managed …
Paul Kunert, 08 Sep 2015

Blue Coat acquires the cloud-crypto monkeys at Perspecsys

Controversial and suspicious netsec outfit Blue Coat Systems has acquired Perspecsys, for the want of some weight in its cloud security portfolio. Recently bought by Bain, Blue Coat reckons the acquisition (on undisclosed terms) establishes it as "a leader in the Cloud Access Security Broker segment". Cloud-crypto outfit …

CSC's ServiceMesh named as source of bank exec bribe

ServiceMesh, a cloud policy company acquired by CSC in 2013, has been named as the source of a bribe allegedly paid to a former Australian bank executive. Keith Robert Hunter yesterday appeared in the New South Wales (NSW) Local Court in connection with payments he allegedly received while he worked at The Commonwealth Bank (CBA …
Simon Sharwood, 18 Mar 2015

Systemax bleeds $28m while its shares bounce off the floor

With the store closure programme Stateside, the axe falling on EMEA boss Pim Dale, and the industry-wide currency crisis, portents of doom hung over Systemax’s Q2 numbers. And so it has come to pass – the once mighty tech reseller last night reported another quarter of double digit sales declines and widening losses. Turnover …
Paul Kunert, 05 Aug 2015

Autonomy ex-boss Lynch tells of poisonous life within HP in High Court showdown

Analysis Former Autonomy CEO Mike Lynch has stepped up his rhetoric against HP in his latest lawsuit against the firm, having characterized HP as a snake pit of backbiting and internecine squabbling where execs "generally fought amongst themselves like cats in a sack." In papers [PDF] filed with the UK High Court on Thursday, Lynch …
Neil McAllister, 02 Oct 2015

Ex-EMC exec to head up SDN switch vendor Plexxi

SDN switch vendor Plexxi has snapped up the former head of EMC's VNX storage array business, Rich Napolitano, as CEO. Founder and board member David Husak remains with the company as EVP of strategy and engineering, and has been working with Napolitano for some time, since the latter has been on the Plexxi board. In the company …

HP's Mad King Léo ignored Autonomy iceberg, emails claim

Leo Apotheker of former HP fame ignored warnings from his own board and shareholders about the ill-fated $11.1bn Autonomy acquisition that resulted in a $8.8bn write-down and allegations of accountancy fraud, a cache of internal emails suggests. The messages were filed in a northern California district court at the end of …
Kat Hall, 28 Sep 2015
AOL logos

Verizon now owns AOL, so AOL now owns your web browsing habits, other personal info

US telco giant Verizon has given notice it will be providing information on its subscribers to AOL for targeted advertising. A notice in Verizon's privacy policy warns users that beginning next month, information such as device information, addresses and whereabouts, and browsing habits, will be given to AOL so it can sling …
Shaun Nichols, 07 Oct 2015
Parallels log

Parallels parallels Citrix, VMware with mobile app delivery slurp

VMware made its name in server virtualisation and Citrix rose to fame with application delivery technologies. Both now compete in both fields and in the emerging market for application delivery to, and management of mobile devices. Junior virtualiser Parallels, meanwhile, has concentrated on helping service providers to stand up …
Simon Sharwood, 26 Feb 2015
management cio2

Daisy Group: Yep, we're gonna eat you all up, Phoenix IT Group

Directors at Phoenix IT Group are “unanimously” backing the 160-pence-per-share offer that was formally made by Daisy Group this morning, valuing the entire share capital at close to £135m. Discussions between LSE-listed Phoenix and the suitor were made public last week, leaving Daisy 28 days to come back to the table with a …
Paul Kunert, 27 May 2015

Amazon cloud consultant DualSpark slurped up by Datapipe

AWS consulting startup DualSpark has been schlurped by mega-host Datapipe to shovel cloud newbies onto Amazon. DualSpark was founded by a pair of former Amazonians in July 2014 to provide consulting services to help customers get on AWS. The duo are Simon Plant, a former AWS professional services practice manager, and AWS …
Gavin Clarke, 10 Sep 2015

Iomart snaps up SystemsUp for a cool £9m

Glasgow-based cloud outfit Iomart has snapped up London-based IT consultancy biz SystemsUp for a cool £9m. SystemsUp is a G-Cloud partner to Google, Amazon Web Services and Microsoft. Its turnover in the twelve months to 31 March 2015 was £4m, with profit before tax of £1.5m. A further payment of between £1m-£3.5m will be made …
Kat Hall, 08 Jun 2015

Microsoft licensing house Crayon buys into US tech market

European Microsoft licensing solutions partner Crayon Group is setting up shop in the US after subsuming Software Wholesale International. SWI is a volume licensing reseller and carries the Microsoft Gold Partner badge for software asset management and one for cloud services, so operates in the same areas as its new parent. …
Paul Kunert, 17 Jul 2015

RSA boss packs his fishing rod and heads for the hills

Art Coviello is retiring from his exec chairman role at the top of RSA, EMC's security business, leaving behind an acquisition that never bought in big bucks for the T Rex of the storage world, and was blighted by NSA backdoor revelations in 2013. RSA is known in the security world for its SecurID tokens and the fact that its …
Chris Mellor, 04 Feb 2015