Articles about Acquisition

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

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
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

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
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

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
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

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
O2 XDA Argon

Hong Kong mogul mulls MULTI-BEELLION POUND bid for O2 – report

British mobile operator O2 has reportedly been eyed up by Hong Kong biz baron Li Ka-shing, with a takeover bid of up to £9bn apparently being floated. The owner of Hutchison Whampoa, which controls UK mobe carrier Three, has been in tentative talks with Telfonica-run O2, according to a report in today's Sunday Times (£), which …
Kelly Fiveash, 18 Jan 2015
Intel Penang exterior

Intel buys Canadian ID-wrangler PasswordBox

Chip giant Intel has acquired Canadian identity management company PasswordBox, apparently in a move to address the issue of "password fatigue". The 44-strong company was formed 18 months ago in June 2013 and has 14 million users. This year Intel phased out its McAfee brand, which it bought in August 2010 for $7.6bn, in favour …
Kat Hall, 01 Dec 2014

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 …

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

Trustmarque ready to rock n roll in tech channel again

Interview With the branding issue out of the way, an enlarged Trustmarque has cut costs, embedded the exec team and is hiring - a far cry from the less than certain outlook for the business last summer. The York-based organisation this week merged with sister company Trinity, forming a £170m turnover technology wing of business process …
Paul Kunert, 16 Jan 2015

Telefónica to offload O2 to Three daddy Hutchison for £10.25bn

Telefónica confirmed this morning it has entered into an “exclusivity agreement” with Hutchison Whampoa that could see it offload subsidiary O2 for up to £10.25bn in cash. Talks between the pair surfaced last weekend and if signed and sealed will further consolidate the mobe carrier space, coming weeks after BT turned its back …
Paul Kunert, 23 Jan 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 …
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 …

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

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

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 …

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 …
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

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 …

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

Oracle snaps up Facebook data slurper Datalogix

Oracle has snapped up data slurping company Datalogix - an oufit best known for collecting info from retailers and sharing it with the likes of Facebook. Datalogix measures the offline purchasing data of more than $2tn (£1.3tn) in consumer spending against social media ad browsing. The company has 650 customers, including 82 of …
Kat Hall, 23 Dec 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
Un Frog

Merlot and hot dogs: Atos snaps up Xerox's outsourcing biz for $1.05bn

French IT services giant Atos has snapped up Xerox's outsourcing biz for $1.05bn (£670m), as it tries to extend its garlic and lemon-infused tentacles across the American market. The deal for the company's Information Technology Outsourcing unit will add $1.5bn (£960m) of revenue to Atos's €8.6bn (£5.5bn) turnover. Of Xerox's 9, …
Kat Hall, 19 Dec 2014

Daisy Group: so long AIM, it's been emotional, sort of

The soon-to-be-private B2B comms and tech supplier Daisy Group confirmed this morning that its shares will be yanked from the Alternative Investment Market from 22 January. The previously agreed 185-pence per share offer from a consortium led by CEO Matthew Riley was declared unconditional this month, valuing the firm at £494m …
Paul Kunert, 19 Dec 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
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

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

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 …
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

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 …
Privacy image

INTERNET of STUFF: Google to replace old Dropcams for $0.00

Dropcam, the home video camera company acquired by Google's Internet of Things limb Nest, is giving away new cameras to owners of its old cameras. Dropcam's eponymous products are WiFi-connected cameras that make it easy to log on and peer at whatever it is they see over a video stream. The idea is that you'll buy a Dropcam and …
Simon Sharwood, 27 Jan 2015

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 …

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
management regulation1

HP's shareholder settlement deal over Autonomy merger DENIED – again

A US district judge has thrown out a proposed settlement deal of a sueball lobbed at HP by some of the company's shareholders, after it bought Blighty software outfit Autonomy for $10.7bn in 2011. "The shareholders appear to be relinquishing a whole universe of potential claims regarding HP governance and practices with no …
Kelly Fiveash, 20 Dec 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
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
Swiss alps

Iliad owner coughs €2.3bn for Orange Switzerland

Xavier Niel, the owner of French ISP and mobile phone company Iliad, is buying Orange Switzerland for CHF2.8bn (€2.3bn) from VC Apax Partners. Iliad, under its Free Mobile brand, is a 3G and 4G operator but grew its mobile business through a 2G roaming deal with Orange and used aggressive pricing to grow its market share. Niel’ …
Simon Rockman, 19 Dec 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 …
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