Articles about Acquisitions

£10 notes. Pic: Howard Lake

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
Exocet anti-ship missile

Storage suppliers: Who reached for the stars, who burned up in orbit?

Storage year in review, part 3 Winners, losers, refugees, death, near-death, and a miraculous recovery ... all these were things that characterised the year for storage suppliers in 2015. They experienced earthquake-level changes as the movement of tectonic storage plates like flash, the cloud, server-based storage and activist investors shook old assumptions …
Chris Mellor, 03 Jan 2016
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Storage in 2016: Could abandonware claims come to the fore?

Storagebod blog Predictions are a mug’s game ... the trick is to keep them as non-specific as possible and not name names ... so here are mine! What is the future for storage in the enterprise? Well, 2016 is going to pan out to be an interesting year. There are company integrations and mergers to complete with more to come so I hear, and …
StorageBod, 01 Jan 2016
Microsoft CEO Satya Nadella

Microsoft in 2016: Is there any point asking SatNad what's coming?

Looking Ahead Microsoft has never had to deal with a grumpy activist shareholder criticising the leadership – a grump activist who just happens to be its biggest shareholder ... and its former CEO. Steve Ballmer won't let go. He thinks the cloud KPIs Microsoft gives out are "bullshit", and its mobile strategy is fatally flawed. If Ballmer …
Andrew Orlowski, 29 Dec 2015

Hybrid cloud thingies, new media and everything is software-defined: Storage reinvents itself

Storage year in review, part 2 The foundation-shaking changes in storage media in 2015 were paralleled, if not exceeded, by the massive perturbations at all levels in the systems, suppliers and applications areas. EMC is fleeing into the arms of Dell, there were acquisitions and splits, activist investors, startups galore, and death and near-death experiences …
Chris Mellor, 27 Dec 2015
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Cisco, HPE and Dell: Let's just say 'it's complicated' for now

Sysadmin's 2015 review part 2 With 2015 drawing to a close and 2016 about to begin it's time to reflect on the fact that the world never stops changing. The tech industry certainly changes constantly, and so here's one sysadmin's view of the industry's movers and shakers. In part one, I took a look at Amazon, Oracle and Microsoft. Here in part two I am …
Trevor Pott, 26 Dec 2015

BlackBerry: Comeback canter should be a trot... yet, weirdly, isn't

Analysis Investors looking to make long term bets in technology companies are often faced with a conundrum. Is the company exaggerating its assets? Or does it have great assets, but isn't selling them as well as it should? BlackBerry might be a textbook example of the latter. The company posted higher than expected revenue on Friday ($ …
Andrew Orlowski, 22 Dec 2015
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Dell SecureWorks files for IPO

Dell security subsidiary SecureWorks is trying to raise funds for working capital and acquisitions, according to a filing with the SEC. The S1 Form lodged last night indicates the division expects to sell up to $100m in stock but this is a placeholder figure that could change before the flotation. Under the terms of the plan …
Paul Kunert, 18 Dec 2015
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Speaking in Tech: That’s going to look really bad on LinkedIn!

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Want to hear a funny wrap-up of everything important that happened in the tech world this week? Enterprise and consumer kit gurus Greg Knieriemen, Ed Saipetch and Sarah Vela are here to discuss the SolidFire-NetApp rumours, Virtustream, VMware, whether “Personal conduct” …
Team Register, 17 Dec 2015
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Nimble CEO: When it comes to all-flash stars, there can be only... six

Comment Nimble Storage CEO Suresh Vasudevan told an investor conference he expects six all-flash array (AFA) suppliers to dominate the business, with Dell/EMC, HP and IBM being three of them. Vasudevan was talking at an analysts’ meeting, presenting multiple financial facets of his post-IPO company. Attendee Stifel MD Aaron Rakers …
Chris Mellor, 15 Dec 2015

I can turn Yahoo! around claims hedge fund manager

An "activist investor" has sent a 99-page hate letter to Yahoo! CEO Marissa Mayer arguing for her ousting and outlining a range of changes that would boost the troubled company's share price by $30 a share. Despite five CEOs over ten years having tried and failed to turn the one-time online giant Yahoo! around, the head of New …
Kieren McCarthy, 14 Dec 2015
£10 notes. Pic: Howard Lake

CityFibre coughs £90m for nearly all of KCOM's UK comms network

Broadband player CityFibre claimed it is shaping up to be a viable “challenger” to BT after coughing £90m for KCOM’s national comms infrastructure – excluding Hull and East Yorkshire. The deal, which includes 1,100 km of duct and fibre network in 24 cities – 21 of which are new to CityFibre – and a long distance network, was …
Paul Kunert, 14 Dec 2015
IBM CEO 'Ginni' Rometty

Clearleap buy ushers IBM’s entry into video

Big Blue is splashing more cash on beefing up its cloud-based offerings, last week acquiring Clearleap along with its video platform for an unspecified amount. Clearleap counts HBO, TWC, Verizon and BBC America among its customer list, and provides video services that deliver content to multiscreen devices, as well as an open …
Faultline, 14 Dec 2015
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Channel on red alert as Alternative Networks scours market for buys

Alternative Networks is shuffling back onto the acquisition trail following some eye-wateringly expensive buys that are now fully integrated and proved to be grist to the mill for its cloud aspirations. The comms-cum-tech integrator, which is wrapping its much of the portfolio in the fluffy white, today reported a nine per …
Paul Kunert, 09 Dec 2015
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So, what should Atlassian spend its post-IPO riches on?

Atlassian could hit Nasdaq as early as next week, opening up the possibility of an acquisition frenzy as the Aussie turned British-based software firm reels in the cash - then starts spending it. The JIRA and Bitbucket vendor should raise as much as $370m, giving it a paper value of $3.6bn. The amended obligatory SEC filing …
Joe Fay, 04 Dec 2015
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Iomart, Logicalis and VIRTUS buy data centre firms

The data centre sector witnessed a flurry of mergers and acquisitions activity today with three DC firms changing hands. Let’s start with Iomart, which is paying up to £11m for United Communications Ltd, a managed hosting firm based in Hemel Hempstead, with about 6500 mostly small business customers. Iomart is paying £7.5m in …
Drew Cullen, 01 Dec 2015

HP storage financials: Meh. Meg Whitman needs to make this right

+Comment HP, no HPE, storage's revenues are down again, continuing a longish slump and, with HP Inc (PCs and printers) now undocked from HPE (the rest), many are asking the question: "What next?" Within HP's* revenues for the fourth fiscal 2015 quarter, converged storage product revenues (3PAR, StoreOnce, and StoreAll) grew nine per …
Chris Mellor, 26 Nov 2015

NetApp, now much more object storage than you’d think

Comment NetApp, the company usually known for its FAS appliances, is putting a lot of effort into making its object storage platform, StorageGRID, more competitive. And it’s coming around to what I’ve been saying for a long time now: end users need “Flash & Trash” or, put more professionally, a two-tier storage strategy. Previously, I …
CHeckmate

We pick storage brains: Has object storage endgame started?

Interview IBM buying Cleversafe could mark the start of the endgame for independent object storage suppliers. We talked to Philippe Nicolas, who was Scality’s Director of Product Strategy until earlier this year and is now a storage industry advisor. We asked him questions about the state of the object market and its suppliers. His …
Chris Mellor, 24 Nov 2015
Fairchild logo

Remember Fairchild? It's still around, and worth $2.4bn in takeover cash

Fairchild Semiconductor, a company synonymous with the rise of Silicon Valley, has agreed to a $2.4bn acquisition offer. Arizona-based ON Semiconductor said it would pay $20 per share in an all-cash offer to acquire Fairchild and create a combined company targeting the mobile, automotive and industrial chip markets. "The …
Shaun Nichols, 19 Nov 2015
symantec CEO mike brown

Symantec's salvation plan is more and better integration. No, really

Symantec divested Veritas because it never quite convinced anyone that an integrated security and data management company made sense, and its security business has struggled in part because it's not linked its protection products. But the company's new CEO Michael Brown nonetheless thinks that integrating the company's range is …
Simon Sharwood, 17 Nov 2015
Cat from Cisco TV ad

Cisco sees APAC turnaround, but enterprise and router sales slide

Cisco has turned in Q1 revenue and income well ahead of the same-time last year numbers, but has given traders a chill with less-bullish guidance for the future. The first quarter 2016 revenue, at US$12.7 billion, was only 3.6 per cent better than Q1 2015, but slimming down its costs meant the Borg reported net income of $2.4 …
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Lenovo loses $784m in Q2. But actually things are OK

Restructuring costs downed Lenovo’s profits for a second consecutive quarter caused by the ingestion of acquired businesses and previously confirmed job cuts. Operating expenses swelled in the company’s Q2 of fiscal year 2016 to $2.36bn from $1.09bn a year ago, paving the way to an operating loss of $784m, compared to an …
Paul Kunert, 12 Nov 2015
OpenStack

Speaking in Tech: 'Look, Snapchat is porn... it isn't regulated!'

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, everyone is back to talk about Cisco, over-priced watches, Snapchat porn and more. Our special guest this week is Mark Twomey (AKA Storagezilla). Here are the details: (1:00) Eddie, the Forbidden City, …
Team Register, 11 Nov 2015

Tax bill could kibosh Dell-EMC deal

Dell could be landed with a $9bn tax bill for buying EMC - a deal-breaker. That’s what Dell insiders are telling the Silicon Valley publication Re/Code. At the heart of their concern is how the Internal Revenue Service will treat the tracking stock in VMware, an EMC subsidiary, that Dell plans to issue to help fund the …
Drew Cullen, 11 Nov 2015
Tongfang_Guoxin_plant

China’s chip shop makes dash for flash with huge new fab

The Tsinghua Unigroup is spear-heading China’s dash to get its own flash fab off the ground. Filed plans show pilot production starting in 18 months. According to Stifel MD Aaron Rakers who has looked into the Tongfang Guoxin filing, the plant will build NAND and NOR flash wafers, not DRAM, with a 120,000 wafer starts/month ( …
Chris Mellor, 10 Nov 2015
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China decides to cook its own chips – report

Chinese government-owned Tsinghua Unigroup, having failed to buy Micron, is going to make its own memory chips. The WSJ reports that TU will spend $12bn-plus to build a fab and make acquisitions. It's being positioned as part of China's long term goal of being less dependent on Western technology. The acquisitions will be …
Chris Mellor, 09 Nov 2015

A bubble? No way, we're in a bust, says rich VC living in alternate reality

Analysis Those concerned that Silicon Valley is inside a tech bubble fit to burst, have no fear – because according to true disruptive thinking, the opposite is true. Speaking at a conference on Wednesday, tech investor and entrepreneur Marc Andreessen batted back a question from Fortune editor Alan Murray about the over-the-top …
Kieren McCarthy, 04 Nov 2015
Zhenyuanlong suni fossil

Microsoft enterprise licensing partners heading for extinction

Microsoft is planning to shutter the classic enterprise licensing channel over the next three to four years, as indicated by the swingeing cuts to fees in recent times. This is according to Rune Syversen, CEO at Crayon Group, one of Microsoft’s top-ten biggest selling Licensing Solutions Partners (LSPs) worldwide, who is …
Paul Kunert, 21 Oct 2015

SanDisk, we could make sweet flash music together, whispers WD

Western Digital is considering buying SanDisk for approximately $17-$18bn, with the companies already in advanced talks and a deal possible within weeks, according to Bloomberg, after speculation surfaced last week that SanDisk was in acquisition talks with both Micron and Western Digital. The potential deal price with WD is $80 …
Chris Mellor, 20 Oct 2015
Sunset

Softcat CEO: No sailing off into the sunset after the IPO for me

The flotation of tech reseller Softcat will make the CEO an overnight quinquagintillionaire*, but Martin Hellawell tells us he won’t be quitting the day job any time soon. The Marlow-based biz confirmed this morning it is to list on the London Stock Exchange in November, as we predicted months ago, but top brass wants to push …
Paul Kunert, 19 Oct 2015
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Where will storage go over the next 15 years? We rub our crystal ball

Analysis Let’s fly up to 20,000 feet and survey the storage landscape from there, and then stay at that height until 2030. What will we see? Our starting view is utterly basic and pretty reasonable. Most of the storage equipment is based on disk and most of it is on-premises. Some of the data is being stored in flash and some of the …
Chris Mellor, 15 Oct 2015

Let's check out Dell, doom and the competition

Sysadmin blog In case you missed it: pretty much the entire IT industry's margins are collapsing. It is hitting all sectors from smartphones to desktops to servers, storage and even networking. Tech has reached "good enough" for most, and now price rules. This is Dell's world, and now it's packing EMC ammunition. Software-defined-whatsits …
Trevor Pott, 15 Oct 2015

SanDisk 'explores' sale, WD and Micron prick up ears - report

SanDisk has hired a bank to explore selling itself, according to reports citing confidential sources. Western Digital (WD) and Micron are said to be interested, Bloomberg has claimed. SanDisk was rumoured to be an acquisition target last month, with WD in the frame. With Dell bidding US$67.1 billion for EMC, perhaps the tech …
Chris Mellor, 14 Oct 2015
DEll_laptop

I have one thing to say to MacBook users at EMC: Whoops

EMC/Dell deal Here are a few of my thoughts on Dell's announcement that it plans to buy EMC. 1. In a world where IT companies have been busy splitting themselves up – think HP, Symantec, IBM all divesting from server business – it seems a brave move to build a new IT behemoth. 2. However, some of the restructuring already announced hints …
StorageBod, 13 Oct 2015
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The incredible IT hulk: Dell + EMC - did someone say 'synergy'?

EMC/Dell deal - Analysis So, Dell and EMC have signed a definitive agreement for Dell to buy EMC and maintain VMware as a publicly traded company. Essentially EMC goes private as part of Dell and Elliott Management gets the payoff it wanted. The big eight IT suppliers: Cisco, Dell, Oracle, EMC, HDS, HP, IBM and NetApp, have consolidated to seven with …
Chris Mellor, 12 Oct 2015

Hortonworks dismisses reports of Hadoop droop

Hadoop-pusher Hortonworks has dismissed reports by analyst house Gartner that the big data market is "yet to take off". Earlier this year Gartner reported that the market will remain sluggish for the next few years, with fewer businesses planning to begin Hadoop deployments in the next two years than the entire number of those …
Kat Hall, 09 Oct 2015

Apple gobbles Brit AI outfit VocalIQ

Apple is reported to have snapped up UK artificial intelligence company VocalIQ, which had previously sneered at Cupertino's digital assistant Siri as being a mere "toy." The deal is the latest in a number of UK acquisitions this year, including media data startup Semetric in January and Camel Audio, a maker of virtual …
Kat Hall, 02 Oct 2015
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Redcentric lines up COO as new CEO

Managed services outfit Redcentric has confirmed operations chief Fraser Fisher is to jump into the CEO chair in the not-too-distant future. In a statement to the City, the AIM-listed firm its revealed succession plans with current head Tony Weaver to step down on 9 November when interim results are filed. Weaver is to remain …
Paul Kunert, 30 Sep 2015
F-35

Raytheon: Ho hum, another day, another $1bn cyber-security contract with Uncle Sam

Defense contractor Raytheon said it will be providing IT security for more than 100 US government agencies in a deal valued at upwards of $1bn. Raytheon said the billion-dollar contract, reportedly set to run for five to seven years, will include development and support of cybersecurity protections for the Department of …
Shaun Nichols, 30 Sep 2015
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M2, Vocus merge to form down under’s newest billion-dollar telco

Fibre and data centre owner Vocus and consumer/business carrier and service provider M2 are merging to create what they are calling a “full-service vertically integrated telco”. Assuming shareholders agree and the plan gets nodded through by regulatory authorities — both seem likely — they will merge early next year to become …
Bill Bennett, 28 Sep 2015

We want flying space cars and robo-butlers, and Pure Storage wants $450m in IPO cash

Flashy all-flash-array startup Pure Storage wants $450m in cash from its looming stock market debut. This would value the company at $3.1bn, giving its venture-capital backers a return of up to 6.6x on $470m in total funding. In an amended S1 filing with US financial watchdog the SEC, Pure Storage has priced its IPO shares …
Chris Mellor, 25 Sep 2015
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Serco CEO Soames brags about £250m sale of BPO private sector biz

Scandal-hit Serco has finally resold its private-sector business process outsourcing (BPO) division to the previous private equity owner Blackstone for £250m, equating to a loss of £165m. The division consists of middle and back-office skills across customer contact, transaction and financial processing, as well as related …
Paul Kunert, 16 Sep 2015
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Accenture barges way into cloud market, buys Cloud Sherpas

Bloated integrator-cum-consultancy Accenture has gulped down cloud advisory and tech services outfit Cloud Sherpas for an undisclosed fee, signalling the start of major consolidation in this part of the market. Privately-owned Cloud Sherpas was born in 2007 and has expanded commercially and geographically over the years via …
Paul Kunert, 15 Sep 2015
HP Logo splitting in two

HP's TippingPoint security bods on the block, suits shuffled to make way for 3D printers

HP is apparently hoping to sell off its TippingPoint security branch – and has reshuffled execs at the top of its printer and PCs biz – as the looming corporate breakup closes in. Reuters reported on Wednesday that Hewlett-Packard bosses are in talks with a handful of private equity firms that could pay anywhere from $200m to …
Shaun Nichols, 02 Sep 2015
Reinhard Ploss CEO

Infineon CEO admits auto-chip biz may be a takeover target

Former Siemens chip company Infineon may find itself on the shopping list of a bigger semiconductor company, thanks to its strength in automotive. Consolidation and specialisation has been the order of the day in the semiconductor industry, with fewer companies for each type of component. Where once there were a dozen or so …
Simon Rockman, 01 Sep 2015
£10 notes. Pic: Howard Lake

Channel vets eyeing up investments from atop mount cash

Channel merchant bank MXC Capital is sitting on a pile of cash and finance facilities that will be used to grab minority stakes in managed services outfits, software players and FinTech start-ups. The London Stock Exchange-listed buy and build vehicle founded by industry vets Ian Smith and Tony Weaver yesterday acquired …
Paul Kunert, 26 Aug 2015
Christopher Lee as Dracula

Citrix really needs to get its act together, and soon

Sysadmin Blog In the frenetic run-up to VMworld, it's easy to forget anything else exists in the tech world at all except VMware and its orbiting ecosystem. Cutting through the acquisition rumours and flurry of meaningless minor-version bumps by startups, big things are happening and need consideration. With that in mind, let's talk about …
Trevor Pott, 21 Aug 2015

Pure as the driven IPO: Upstart tells SEC it's go for stock market debut

Pure Storage, funded to the tune of $470 million and valued at around $3 billion, has filed for an IPO. The all-flash array biz was founded in 2009 and has taken in funding and grown fast every year. It's currently being ranked as the second highest player in the all-flash array market behind EMC, which Pure sees as its main …
Chris Mellor, 13 Aug 2015