Articles about Acquisitions

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BlackBerry is pivoting from phones to enterprise software

Interview BlackBerry’s purchase of rival Good has begun to convince people it can make the big shift from phones to enterprise software. The company’s global sales chief Carl Wiese shared his view of the post-Snowden, post-Schrems landscape with The Register. “On conference calls last year almost all of the questions from financial …
Andrew Orlowski, 25 Apr 2016
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What's wrong with the Daily Mail Group buying Yahoo?

Analysis Right now MailOnline parent the Daily Mail Group is worth at most £2.5bn, and the few content assets that Yahoo! is supposed to be selling, are already worth way more than that. But the issues go deeper. DMG – parent both of the Daily Mail print newspaper and the massively successful online site Mail Online – has no magic …
Faultline, 18 Apr 2016

Seagate revenue numbers rain on cloud after market misses

+Comment Seagate has issued an early warning that its third fy2016 quarter revenue will be off by $100m from its forecast of $2.7bn. The company expects to report revenue of approximately $2.6bn and non-GAAP gross margin of approximately 23 per cent, for the quarter which ended April 1 – no, this is not a late April Fool joke. The …
Chris Mellor, 15 Apr 2016

Ruckus: A strong buy for Brocade, but leaves Juniper isolated again

Comment Pity poor Juniper. The networking company’s alliance with Ruckus Wireless last summer raised hopes that it would strike it third time lucky in the Wi-Fi market, filling the gaping wireless gap in its platform. Now Brocade has snatched carrier Wi-Fi leader Ruckus from under its rival’s nose with a $1.2bn acquisition. It's the …
Wireless Watch, 13 Apr 2016

DevOps firms must play with all – despite web of alliances

Major DevOps players are meshing together with acquisitions, alliances and technical partnerships, but are not in danger of splitting into a series of competing armed camps, the CEO of Puppet has claimed. Puppet announced a major overhaul last week, announcing its intention to bring some of the edgier technologies into …
Joe Fay, 12 Apr 2016
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Total cloud: Huawei's plan for planet's telcos and its own bottom line

Huawei reckons it can outgrow its enterprise competitors without seeking a bumper acquisition and is going to spend two years cloud-enabling its entire networks product line. Reports from the company's 2016 analyst summit in Shenzhen, China, suggest that rotating CEO Eric Xu (the company has three CEOs, who take six-month …
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Capita not sitting on Hands: IT Enterprise Services boss splits

Capita IT Enterprise Services (ITES) overlord Peter Hands has strapped on his walking boots and strolled right out of the business for pastures news, the company has confirmed. Insiders claimed Hands had been under some pressure from the group’s joint COO Dawn Marriott-Sims, who was critical of the whole of ITES, “especially …
Paul Kunert, 11 Apr 2016
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Exertis slurps wireless distie Siracom

One of the UK’s bulkiest tech distributors Exertis has piled on a few more pounds by acquiring wireless infrastructure and security minnow Siracom for an undisclosed sum. Siracom, which also has offices in beautiful Basingstoke, sells products and services from vendors including Samsung, Fortinet and a bunch of lesser knowns. …
Paul Kunert, 07 Apr 2016

WhatsApp at BlackBerry? For one thing, BBM's now free

BlackBerry has abandoned the freemium model it tried to build around its pioneering chat client BBM, and is making all of its goodies available for free, including secure encrypted chat. The company previously charged a subscription for being able to retract and delete messages after a period of time, giving users three of …
Andrew Orlowski, 04 Apr 2016
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Kelway founder and CEO Phil Doye steps out of role

Exclusive The brand swap isn't the only major change happening at the London-based Kelway – company founder and CEO Phil Doye is stepping down from daily operational duties, El Chan can reveal. The services-based reseller was acquired by the world's largest tech dealer CDW in July, and much of the senior management has remained in place …
Paul Kunert, 30 Mar 2016

Whatever happened to ... Nest?

Remember Nest Labs? Google spunked $2bn (£1.41bn) on the home appliance outfit two years ago. The acquisition was supposed to put Google-owner Alphabet at the heart of the "internet of things," and in the consumer mainstream. Nest cofounder Tony Fadell had been the design force behind the iPod as a contractor. Google mostly …
Andrew Orlowski, 29 Mar 2016

Pandora punch-up sees CEO exit, shares drop

A row over the future of music streaming service Pandora has led to the departure of its CEO and the return of the company's founder to the position. Shares in the company have dropped 10 per cent on the news that Brian McAndrews will leave as the company's chief exec, effective immediately, and be replaced by Tim Westergren, …
Kieren McCarthy, 28 Mar 2016
Cat lies exhausted in front of a sandwich board advertising an internet cafe, with all manner of tech companies' branding plastered all over it: Google, Yahoo, Facebook, MSN , Skype, ,Opera, Ventrilo, Twitter, MIRC!!!

Top! tip! for! Yahoo! – 'Fire! your! board! of! directors!'

The activist investor firm who first pushed for the sale of Yahoo!'s core search business now wants to oust its board of directors. Starboard Value says that it wants to replace all nine directors at the Purple Palace with its own group of nine execs, who will make a "significant change" at the ailing search and advertising …
Shaun Nichols, 24 Mar 2016
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Web hosting and domain name merchant UK2 Group puts up for sale sign

Hosting and domain name registrar UK2 Group is using the services of an investment banker to find a buyer - the second such attempt in a year, sources have claimed. Torch Partners is running the process on behalf of owner LDC, the mid-market private equity wing of Lloyds Banking Group, which took a majority stake in the group …
Paul Kunert, 24 Mar 2016

Apple mulled gobbling its Brit GPU designers – but didn't like the taste

Apple was considering buying Imagination Technologies – designers of the PowerVR graphics processors in its iPhones and iPads – but walked away from the deal. In a statement today via Imagination and the London Stock Exchange, the Cupertino giant said: "From time to time, Apple talks with companies about potential acquisitions …
Chris Williams, 22 Mar 2016
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Union warns of second round of 'massive' layoffs at IBM in Europe

IBM staffers in Europe face another wave of deep cuts, according to a top union official. Marc Born, secretary of Big Blue's European Works Council, has warned a "second massive restructuring" effort at the company will kick off in 2016. This comes six weeks after the IT giant announced a round of layoffs in late January – its …
Chris Williams, 22 Mar 2016
A cute cat in a jumper waves goodbye.... Pic via Shutterstock

Lenovo says bye-bye to key exec amid massive spring reorganisation

Lenovo is embarking on the mother of all spring cleans after digesting the acquisitions of Motorola and IBM’s volume server biz. The group is re-arranging execs and the business units they steer amid numerous sector challenges, including the weakened state of demand for traditional PCs, tabs and smartphones, or the sales hit …
Paul Kunert, 21 Mar 2016
Promo pic of Intel-acquired Replay Technologies FreeD product.

Intel in 3D and virtual reality dash

Comment Intel and Qualcomm are increasingly extending their reach beyond their core chip technologies and into surrounding technologies and even applications. Both seek to enhance their revenues and account control with end-to-end offerings in key emerging areas of technology such as virtual reality. Last week, Intel acquired Replay …
Wireless Watch, 21 Mar 2016
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Apple's largest UK reseller Jigsaw24 is for sale

The UK’s largest Apple reseller, Jigsaw24, is for sale, multiple industry contacts have told The Channel. The Nottingham-based B2B seller has hired Deloitte to run the process, a move that comes just three years after private equity outfit NorthEdge Capital (NEC) moved in to back a roll up by the management team. In recent …
Paul Kunert, 18 Mar 2016
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Secondary storage, the missed opportunity for object storage

Comment I've had a lot of conversations lately with vendors and end users about secondary storage - the scenario is quickly changing, with new products targeting this space and more end users adopting different forms. Object storage crossed my radar a few years ago, and even though its potential remains huge, radical changes are …
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Q&A: Bruce Schneier on joining IBM, IoT woes, and Apple v the FBI

RSA 2016 Security guru Bruce Schneier is a regular at shows like RSA and his talks are usually standing-room-only affairs. Schneier has written some of the definitive texts for modern cryptography teaching and his current book, Data and Goliath, examines the perils and solutions to government and corporate surveillance of internet …
Iain Thomson, 04 Mar 2016
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XMA shutters its City pad, will service London from St Albans

XMA is to shutter its London offices because too few staff were based there to justify the relatively expensive lease. The office in the heart of the City, established in September 2012 and initially run by former BT Engage exec Chris Leah, was set up to win over more corporate customers and at one point housed upwards of 20 …
Paul Kunert, 03 Mar 2016

Cisco to partners: We're all doing services now – resistance is futile

Cisco Partner Summit This week, Cisco gathered its partners in San Diego to make one thing abundantly clear: it's not just about network boxes any more. The company that made its name helping everyone move data from point A to point B has laid out a new vision for itself and its vendors, which will see Cisco put itself everywhere from security to …
Shaun Nichols, 02 Mar 2016
IBM Headquarters, Armonk, NY

IBM slices heavy axe through staff in the US

IBM axed a wedge of workers today across the US as part of an "aggressive" shakeup of its business. Big Blue was due to lay off some staff at its Global Technology Services (GTS) wing in America back in January. That headcount chop was postponed, with the cuts being pushed back to this week and with more than GTS workers …
Chris Williams, 02 Mar 2016
Churchill on the roof of the Evening Standard building, 1938; Reference: Nemon Papers, NEMO 5/3; credit Churchill Archive

Serco stems its gigantic losses, shrinks 2015's to a mere £70m

Outsourcer Serco has stemmed the flow of its haemorrhaging profits, posting a loss of £69.4m in 2015, down from £991m last year. The outsourcer is currently in the middle of a major strategic turnaround. In a statement clearly channelling the spirit of his grandad, Winston Churchill, Serco chief exec Rupert Soames said: "Our …
Kat Hall, 25 Feb 2016
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Like those independent DevOps vendors? They might not be for long...

Enjoy those scrappy IOT and DevOps startups while you can, as many will not be able to resist the siren call of cash rich traditional vendors or the stock market this year, 451 Research has predicted. The analyst firm’s Tech M&A Outlook report has predicted “billions in investment” in a number of hotspot technology areas. This …
Joe Fay, 25 Feb 2016
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Got Oracle? Got VMware? Going cloud? You could be stung for huge licensing fees

Oracle has been telling a number of organisations running its database software that they are breaking the company's licensing rules – and therefore owe it millions of dollars in unpaid licence fees. The issue hit the headlines in January after US confectionery giant Mars took Oracle to court in the US over claims Mars had …
Gavin Clarke, 24 Feb 2016
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Poor Azzurri. Another year gone and profits still elude them

Restructuring, amortisation and poor demand for large specialised call centres kept sales growth and profits beyond the reach of Azzurri Communications, its latest P&L accounts have revealed. The Weybridge-based firm reported a three per cent dip in revenues to £101.2m for the fiscal year to June 2015. It blamed “regulatory …
Paul Kunert, 23 Feb 2016
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Claranet swallows AWS MSP for web apps fun and frolics

Managed services and hosting player Claranet has hoovered up small but perfectly formed AWS channel partner Bashton Ltd for an undisclosed sum. This is the third buy Claranet has made including LinuxIT and Techgate since it refinanced in March of last year. Warrington-based Bashton specialises in selling managed services to …
Paul Kunert, 22 Feb 2016
Mr Creosote prepares to gobble

Cisco licks lips, eyes UK's cyber, analytics and fin-tech startups

Acquisition-hungry network giant Cisco is looking to gobble a string of UK businesses this year – specifically in cyber, "fin-tech" and analytics, Tom Kneen, head of business development at Cisco UK has said. Speaking to The Register at Cisco Live in Berlin, Kneen said he "doesn't see acquisitions stopping" at the pace the …
Kat Hall, 18 Feb 2016

Cisco wants net admins to become programmers so they'll buy its SDN kit

Cisco Live For a company specializing in making 80 per cent of the world’s networking kit, Cisco ought to be good at transmitting its corporate plans – but that's not the case when it comes to Cisco's software-defined networking (SDN) ambitions. Over the past few years, observers have commented that SDN poses an existential threat to the …
Kat Hall, 17 Feb 2016

Cybersecurity is slowing down my business, say majority of chief execs

Cisco Live Chief execs polled in a major survey have little time for their cybersecurity folk and believe complying with security regulations hampers business. Some 71 per cent of 1,000 top bosses surveyed by Cisco feel that efforts to shore up IT defences slows the pace of commerce. The study is due to be published next month. Big …
Kat Hall, 17 Feb 2016

Public enemies: Azure, Amazon, Google, Oracle, OpenStack, SoftLayer will murder private IT

Analysis On-premises IT is facing decimation by six public cloud enemies: Amazon, Azure, Google, OpenStack, Oracle and SoftLayer, who are on course to have the majority of customers' IT spend by 2018. An Internet retailer, started up as an online book store, and a website search facility have kickstarted an IT phenomenon which could …
Chris Mellor, 16 Feb 2016
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Speaking in Tech: It's all about the flashback to 1982's WangNet

Podcast speaking_in_tech Greg Knieriemen podcast enterprise #RIPTwitter, down with all the "my tech is bigger than your tech" and prognostications on the future of ONTAP: Welcome to another episode of Speaking in Tech! Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week the team is all together to talk about the death …
Team Register, 10 Feb 2016

Imation flogs off IronKey to Kingston

Imation has unravelled one of ex-CEO Mark Lucas's recovery strategy acquisitions and sold the IronKey business to Kingston. It's also received a non-compliance listing notice from the New York Stock Exchange; its valuation not being high enough. Lucas bought IronKey and its secure flash drive hardware as part of a …
Chris Mellor, 08 Feb 2016

Sir Michael Lyons tells .uk registry Nominet: Time to grow up

A long-awaited review into the future of .uk registry operator Nominet by former chairman of the BBC Trust has told the company it's time to grow up. Sir Michael Lyons' review [PDF] was completed and sent to Nominet's Board in October, but was only published Thursday along with the Board's response [PDF] to his 19 …
Kieren McCarthy, 05 Feb 2016
Young "creatives" whip out their mobile phones. Photo by Shutterstock

IBM buys two digital ad agencies in a week

One for the record: IBM is buying an online creative ad agency – the second in a week – for an undisclosed sum. This one is a 300-strong company Aperto, which is headquartered in Berlin and counts Airbus, Volkswagen and Siemens among its customers. The company will become part of IBM’s IX – as in "interactive experience" – …
Drew Cullen, 02 Feb 2016

Juniper slurps packet-optical outfit BTI Systems

Juniper Networks has announced it's going to acquire BTI Systems. Once a packet-optical specialist, BTI Systems spent much of 2015 positioning itself into the software-defined networking (SDN) and network function virtualisation (NFV) markets. That work included giving its 8700 Series the ability to work with OpenDaylight SDN …
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China has a chip to fry with y'all: Wants its own chip smarts and fabs

China is making more moves as it tries to set up an indigenous and patent-protected semi-conductor chip capability. Xu Jinghong, the chairman of Tsinghua Holdings, said in a Davos World Economic Forum interview that Tsinghua wanted to buy two semi-conductor manufacturing companies. Analyst haus Stifel Nicolaus' MD Aaron …
Chris Mellor, 25 Jan 2016
IBM Headquarters, Armonk, NY

IBM, Ustream-BM, we can't believe Ustream is now owned by IBM

IBM has acquired internet telly station Ustream in hopes of boosting its cloud lineup. Big Blue said that the video-streaming service would be added to its cloud lineup and, when combined with its other analytics and developer tools, it will give IBM customers a way to develop and use streaming video in their own applications …
Shaun Nichols, 21 Jan 2016

IBM storage revenues are very reliable. Four years of steady decline and counting

Analysis For IBM, storage value is moving to software, with object storage and flash growing while legacy disk and tape products see revenue falls. In Big Blue’s fourth 2016 quarter overall revenues dropped nine per cent but storage hardware revenues fared worse, dropping 11.1 per cent, with no end in sight. This continues a trend …
Chris Mellor, 20 Jan 2016

Puppet Labs guards cash pile, gets chilly over IPO plans

Puppet Labs has laid out plans to scale up its R&D and sales operations, after tapping a credit line and apparently putting plans for a Spring IPO on ice. The IT automation vendor said last May that it expected to hit revenues of around $100m in 2015, and to make a stock market debut this spring. However, while last year saw …
Joe Fay, 20 Jan 2016

Huffing and puffing Intel needs new diet of chips if it's to stay in shape

My web browser ate my homework. I spent nearly two hours typing an analysis article on Intel's latest financial figures into our intranet thing when the browser tab unexpectedly refreshed and I lost everything. Hadn't saved. Moron. So let me start again and get to the point: the nosedive in sales of personal computers around …
Chris Williams, 14 Jan 2016
Couple holding hands. Pic: Marina Aguiar

Israeli security firms Check Point, CyberArk in talks – report

Israeli security firm Check Point is reportedly in preliminary talks with local rival CyberArk about a possible acquisition/merger. Rumours of the courtship surfaced in Hebrew-language Israeli financial newspaper TheMarker on Wednesday, and lead to twitterings in some quarters that we were about to witness the birth of some …
John Leyden, 13 Jan 2016

Imation sells off the family jewels

+Comment Imation, now run by activist investor Clinton Group people, is selling the Memorex trademark – and two trademark licences associated with it – for $9.4m, while also disposing of its corporate headquarter facility in Oakdale, Minnesota, for $11.5m. "Both sales are consistent with the (our) stated restructuring, wind down …
Chris Mellor, 11 Jan 2016
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Basho bashed by bolshy backer, ex-boss claims in court brouhaha

Basho Technologies is being sued by its cofounding ex-CEO, who alleges a major investor caused a disastrous fall in the company's finances. Antony Falco and Earl Galleher founded Basho in 2008. The biz, based in Bellevue, Washington, develops the Riak distributed NoSQL database that can store massive amounts of unstructured …
Chris Mellor, 08 Jan 2016
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Proact CEO calls it a day after roller coaster profits ride

Three years at the top of Euro infrastructure integrator Proact was clearly enough for CEO Martin Ödman or the board. He helped drive top line expansion during his time at the top but profits fell short of expectations. The highly acquisitive outfit confirmed Ödman stands down today and that Jason Clarke, boss of its UK …
Paul Kunert, 08 Jan 2016

Activist investors want tepid Yahoo! to reboot crashed Marissa Mayer

Updated Activist investors Starboard have joined calls for a management overhaul at Yahoo!, arguing the company is hemorrhaging cash under its leadership. In a letter to the company's board (PDF), the investors note that the past year has been "extremely frustrating" for shareholders, which has seen a "continued downward spiral of the …
Kat Hall, 06 Jan 2016
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Six Degrees grabs £12m pot of cash from private equity overlord

The private equity backer that coughed for hosting and managed services outfit Six Degrees has stumped up £12m to fund organic expansion in 2016. The cash injection comes half a year after Charlesbank Capital Partners beat off competition from other finance houses to buy Six Degrees - the sale process started in February and …
Paul Kunert, 05 Jan 2016
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Remember the Carrier iQ mobile snoopware? It's in AT&T's hands now

The once-controversial Carrier iQ phone support software has been acquired by AT&T. The phone giant said it had agreed to purchase the software assets of Carrier iQ as well as a handful of its employees. Carrier iQ, meanwhile, appears to have closed up shop, with its site now offline. "We have acquired the rights to Carrier …
Shaun Nichols, 05 Jan 2016