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Articles about Acquisition

NetApp facelift: FAS hardware refresh and a little nip ONTAP

NetApp has comprehensively refreshed its all-flash FAS and hybrid FAS arrays, adding performance, capacity and scalability upgrades, and supporting 32Gbit/s Fibre Channel and 40GbitE connectivity. ONTAP also gets upgraded, with Azure support for ONTAP Cloud This follows on from the E-Series launch of the entry-level all-flash …
Chris Mellor, 26 Sep 2016

We read Nutanix's homework... and the numbers look good

Analysis Nutanix has filed an amended S1 IPO form with the SEC and data within it shows a strongly growing business well-set for an IPO if the financial environment is supportive. The company's latest results show satisfactory quarter-on-quarter and annual revenue growth with net losses growing less sharply and becoming a smaller …
Chris Mellor, 20 Sep 2016

Want a Dell printer? Unlucky – they've just stopped selling them

Ahead of the mega-merger with EMC, Dell has decided to quit selling printers as part of its hardware portfolio while its imaging business is being scaled back. Dell's decision to quit the printer business in the EMEA and Asia-Pacific Japan regions was first noted by Stuart Gilbertson over at Consider IT. Gilbertson wrote that …
Oracle Chair Larry Ellison on stage at OpenWorld 2016

Oracle takes aim at AWS with cheap, fast public and hybrid cloud

Larry Ellison kicked off Oracle's OpenWorld event in San Francisco on Sunday with news of a second-generation infrastructure-as-a-service offering. The IT giant's supremo claimed the IaaS out-performs Amazon Web Services (AWS), undercuts it on price and will also be sold as on-premises kit tied to a subscription. Ellison told …
Simon Sharwood, 19 Sep 2016
Swiss army knife in cloud

Hyper-converged hyper-contender ZeroStack starts connecting clouds

HyperConverged HyperContender ZeroStack has started connecting public clouds to its on-premises kit. ZeroStack promises the usual “Our beautiful GUI and cunning plumbing means that if you turn on our boxes and go make a cup of coffee there's be VMs running before the cappuccino foam falls” experience. The likes of VMware, VCE …
Simon Sharwood, 14 Sep 2016
Rotten apple

HP doorsteps Apple shoppers at the altar of dreams

HP Inc GPC '16 HP Inc has launched a new sales tactic to take on Apple - hijacking worshippers of expensive iThings as soon as they step outside the altar of dreams to compare Macs with its slim and light PCs. Taking to the stage of the Global Partner Conference in Boston, Ron Coughlin, HP president of the Personal Systems division, did what …
Paul Kunert, 13 Sep 2016
Zod

Kneel before Zod! OpenText claims mighty Documentum from Dell

Dell has finally sold Documentum, one of the oldest and best-known names in storing and retrieving corporate information. Documentum is going to the relatively small OpenText for $1.62bn, as part of Dell’s Enterprise Content Management (ECM) division. That price compares to $1.7bn EMC paid for Documentum in 2003. Dell …
Gavin Clarke, 12 Sep 2016
Office Space

HP Ink buys Samsung's printer business for a BILLION dollars

HP Inc has agreed to purchase Samsung's printer business for over $1bn, the largest print acquisition in its history. Describing the deal as "accelerating the disruption of the $55bn copier industry" HP Ink expects its acquisition of Samsung's tech will help it replace copiers with "superior" multifunction printer (MFP) …
Executioner

Dell swings layoffs axe at 3,000 EMC people

Dell is to trim the workforce following its $60bn-plus buy of storage titan EMC, with between 2,000 to 3,000 heads expected to roll. But if sales don’t track to management expectations, sources told us to expect more. A Bloomberg report claimed Dell will seek out $1.7bn in cost savings in the next eighteen months – but it will …
Paul Kunert, 09 Sep 2016
Larry Ellison photo by drserg via Shutterstock

Investors resist Larry Ellison's $9.3bn NetSuite deal

Influential investors are opposing NetSuite’s $9.3bn acquisition by Oracle for selling their firm short. The cloud pioneer’s single largest unaffiliated shareholder, T Rowe Price Associates, has written to NetSuite’s board in a letter here explaining why it won’t hand over its stock for the deal. It raises a major question …
Gavin Clarke, 08 Sep 2016
empty_box

IBM lifts lid, unleashes Linux-based x86 killer on unsuspecting world

HPC Blog IBM is mounting its strongest challenge yet to x86 hegemony with the unveiling of its spanking new Linux based S822LC system. What makes this system different is that it’s based on a new processor/motherboard configuration, complete with a sporty NVIDIA NVLink connector. According to my research, close to half of you HPC users …
Container image via Shutterstock

Little boxes made of ticky-tacky: What Dell's record-busting $67bn EMC deal means

Dell’s acquisition of EMC is large by several measures: a $67bn purchase price – the most ever paid in tech. The claimed joint revenue for Dell and EMC is $74bn and the current joint workforce is 140,000 – with 40,000 being sales staff. Even the statements as to “why” Dell is buying EMC are big – yuuuge - with Michael Dell at …
Gavin Clarke, 08 Sep 2016

Dude, you got a Dell lawyer: HPE sues high-flying ex-exec after defection to EMC

HPE is suing a former senior executive who absconded to Dell with a head allegedly full of trade secrets. In a complaint [PDF] filed to the Delaware State Chancery Court, HPE alleges that KC Choi, the departed Vice President of Global Solutions Architecture, violated a 12-month non-compete agreement when he fled to EMC just …
Shaun Nichols, 06 Sep 2016
Privacy image

Intel adds vision to its AI vision with computer vision firm buyout

Intel is not just content to build the silicon brains that will power the Rise of the Machines – it is bidding to own their eyes too, with the acquisition of computer vision developer Movidius. Movidius is 11 years old, having been founded in Dublin and transplanted to San Mateo. No price was disclosed, but the 140-strong firm …
Joe Fay, 06 Sep 2016

Of supermarkets, Volkswagen and the future of Dell-EMC

Analysis September 7 sees Dell Technologies absorb EMC and its VMware holding. Storage-watchers are seeing lots of overlap between the Dell and EMC storage products and wondering if there is going to be a product cull. So far there are no signs of this and it could be useful to ask if Dell + EMC is going to be a traditional few- …
Chris Mellor, 05 Sep 2016
Woman holds up PBX phone in office. Pic by Shutterstock

Nutanix to kick off its IPO extravaganza on ... go on, take a guess

Nutanix, the darling of the hyper-converged infrastructure appliance industry, is, we're hearing, going to kick its IPO process into gear from September 6. Closely following on from its acquisition of Calm.io and its gobbling of PernixData, the market-leading head HCIA honcho will start the ball rolling from September 6, with …
Chris Mellor, 01 Sep 2016

Cisco is the new container for ContainerX

The container market just got a new 900-pound gorilla: Switchzilla has landed in the segment with its acquisition of eighteen-month-old ContainerX. The acquisition target is a container management specialist whose first beta landed in November 2015, with general availability arriving in June this year. While Cisco digests its …

Holy friggin' Dell! $67bn EMC mega-gobble to complete on Sept 7

Dell and EMC will officially merge next Wednesday – September 7 – after getting approval from Chinese monopoly officials. The combined tech monster will have 140,000 staffers worldwide, and will be called Dell Technologies with Michael Dell as CEO and chairman. A little final financial chicanery is needed because Dell is a …
Chris Williams, 30 Aug 2016
Multi-level burger too big to eat. Photo by Shutterstock

Nutanix: Yup, OK, we gobbled PernixData, Calm.io. What you gonna do about it?

At long last Nutanix has come clean and revealed it is buying PernixData (VMware's hypervisor memory caching software biz), and confirmed it also slurped devops software company Calm.io. No prices have been disclosed but we understand the Calm.io deal was the one referred to in a Nutanix S1 amended filing, which involved 528, …
Chris Mellor, 29 Aug 2016
A man handing out cash

Rackspace finds its $4.3bn sugar daddy

Cloud management provider Rackspace says that it will be going private in a deal that will pay shareholders $4.3bn. Investment house Apollo Global Management says it will be paying $32 per share to buy out stakeholders and run Rackspace as a private company. Rackspace stock closed yesterday (prior to the announcement) at $30. …
Shaun Nichols, 26 Aug 2016

Brocade broadcasts financial success. Well, if you call an 89% profit drop 'success'

Helped by two months of Ruckus Wireless ownership, Brocade's revenues for the third quarter of fiscal year 2016 were up seven per cent annually to $591m, a 13 per cent quarter-on-quarter increase. The company posted profits of a paltry $10.5m, 89 per cent down on the year-ago quarter's $91.7m, and 23.3 per cent less than the …
Chris Mellor, 26 Aug 2016
Nimble_AF_Series_table_competition

Nimble Storage ticks over nicely but will shareholders want more revs?

Nimble Storage's revenue of $97.1m for the second quarter of its fiscal year 2017 beat its guidance of $93m - $96m, which is good, and it generated a loss of $40m; better than the previous quarter's $42.7m loss but worse than the $30.1m it lost in Q2 last year. On the annual compare, revenues were up 21.2 per cent – excellent …
Chris Mellor, 24 Aug 2016

Adapt is finally bought by American biz Datapipe

Struggling London-based managed service provider (MSP) Adapt has fallen into the arms of acquisitive US firm Datapipe for an undisclosed amount. After its acquisition of cloudy startup DualSpark last year, Datapipe has now purchased UK-based pure-play MSP Adapt to offer itself a bit more in the European market. New Jersey- …
Data_image_via_Shutterstock

Summer of Salesforce: CRM cloud swallows tiny pattern-recog firm

Salesforce has made its second acquisition of the month, and its fourth since June. The CRM-as-a-service player is buying business analytics provider BeyondCore for an undisclosed sum. BeyondCore examines data sets using pattern-recognition technology using a set of patented algorithms that combine machine learning and …
Gavin Clarke, 16 Aug 2016

Ingram Micro $6bn sale to Chinese logistics biz delayed

Ingram Micro has pushed out the completion date of its $6bn sale to Chinese logistics provider Tianjin Tianhai to let the Committee on Foreign Investment in the US (CIFUS) review national security implications. The world’s largest tech distributor said last night the “end date” to conclude the deal had been “extended” to 13 …
Paul Kunert, 12 Aug 2016
Cash register, photo via Shutterstock

Big Red alert: Oracle's MICROS payment terminal biz hacked

Hackers infected hundreds of computers within Oracle, infiltrated the support portal for its MICROS payment terminals division, and potentially accessed sales registers all over the world. The miscreants installed malware on the troubleshooting portal to capture customers' usernames and passwords as they logged in. These …
Shaun Nichols, 08 Aug 2016

BlackBerry: Forget phones, Lawsuits In Motion is back – and it's firing off patent claims

Analysis When Blackberry announced earlier this year it was going to give up making mobile phones, most wondered what it would actually do as a company. Part of the answer is rebadged Android gear. Now another part has arrived in a new lawsuit lodged against internet telephony company Avaya: BlackBerry's going to become a patent troll …
Kieren McCarthy, 05 Aug 2016
axe_648

Fortinet axes two per cent of workforce, chops 100 sales, ad staff, execs

Fortinet has laid off 100 sales and marketing staff along with an unknown number of executives, as part of a company wide restructure that has axed about two percent of its workforce The job losses flow from the company's acquisition of IT operations analytics outfit AccelOps in June 2016. Fortinet told The Register in a …
Team Register, 05 Aug 2016

Sales staff exodus at PernixData as Nutanix gobbles up caching biz

Analysis Amid mounting evidence that Nutanix has bought PernixData, both companies are still keeping their lips firmly and officially sealed. Pernix insiders and several well-placed industry sources have now confirmed the acquisition privately to The Register. Separately, Dan Edson – senior director of marketing operations, automation …
Chris Mellor, 04 Aug 2016

Microsoft has stopped cutting sales fees for resellers? Yep

Microsoft has quit hacking into fees paid for channel software sales, and reselling clouds is getting more profitable – these seemed to be the major takeaways from top brass at Insight Enterprises in an enterprising Q2. Revenue at group level went up two per cent to $1.46bn, but this top line expansion was driven purely by the …
Clodagh Doyle, 04 Aug 2016

Nutanix bought PernixData to slurp caching firm's IP brains

Comment Although not officially announced, it looks like the acquisition of PernixData by Nutanix is a done deal. Confirmation came from Frank Denneman, Dutch blogger and former tech evangelist for Pernix who has now left the company. So what can we make of this? What benefit is there in taking a caching technology and adding it to …
Chris Evans, 03 Aug 2016
Giant burger

Juniper Networks grabs silicon photonic developer Aurrion

Juniper Networks is jumping into the silicon photonics business, with the acquisition of fabless designer Aurrion. Founded back in 2008 by Intel/IBM alumnus Dr Alexander Fang, Aurrion has spent the last eight years developing and commercialising indium phosphide-based (InP) transceivers. Integrating InP into silicon …

Domain name bods NetNames netted by CSC Global

Domain biz NetNames has been flogged to US biz services outfit CSC Global for an undisclosed sum. Private Equity biz HgCapital has decided to offload NetNames after taking the publicly-listed outfit private in autumn 2011 for £153m, but it said little else about today's transaction. The deal isn't a massive surprise, as we …
Kat Hall, 02 Aug 2016
trolley_shopping_648

Liberata in £43m buyout by Japanese firm OUTSOURCING Inc

OUTSOURCING Inc (OSI) – a Japanese player that does what it says on the tin – has acquired UK public sector BPO specialist Liberata for £43m. The buyer is has spread its tentacles via more than 70 subsidiaries into outsourcing across multiple industries including engineering, manufacturing, administrative and recruiting. …
Paul Kunert, 02 Aug 2016
handshake_648

Salesforce's US$582m giggle: It buys cloud collaboration biz Quip

Salesforce has decided there's money in boring stuff: it's bought into office productivity with the acquisition of document/spreadsheet collaboration outfit Quip. That purchase means the cloudy CRM vendor is trying a move that's failed many times before, namely trying to find a profitable niche for a Microsoft Office …
Crowd watches fireworks at night in the field. Photo by Shutterstock

WD disk revenues spin slower as its flash fireworks go off

WDC beat its own better-than-expected preliminary results estimates with a $3.495bn quarter but swung to a $351m loss with fewer disk units sold. Layoffs are coming. Revenues for the fourth fiscal 2016 quarter, ended July 1, were 9.2 per cent higher than a year ago and 24.8 per cent up on the previous quarter. This quarter …
Chris Mellor, 29 Jul 2016
Raspberry Pi Zero

Avnet sees Dätwyler's bid for Raspberry Pi slinger, raises to £868m

Avnet, the American technical component distributor, has come in at the 11th hour to outbid an existing offer for Premier Farnell, distributors of the Raspberry Pi. Farnell was all set to be sold to Swiss group Dätwyler Holding for £792m, including debt, but a new offer from Avnet with an enterprise value of £868m has now been …
Comically sad tearful man doing fake-looking wail of despair. Photo by Shutterstock

Boo hoo. Brexit to hit Capita's bottom line

Outsourcing giant Capita has hinted that the UK's decision to leave the EU will have an impact on its bottom line, while recording a sales increase of 5 per cent to £2.4bn for its first half-year results. Profit before tax rose by 27 per cent to £186.1m, compared with the same period in 2015. Andy Parker, chief exec of Capita …
Kat Hall, 27 Jul 2016
big dog little dog, image Shutterstock

ClusterStor is clearly alive (but Havant's still closing) – Seagate VP

Seagate's ClusterStor arrays do have a future, despite the company's PR side refusing to answer a direct question about them. After Seagate spokespeople declined to comment on the matter, Ken Claffey, veep and general manager of the company's SSG unit got in touch. He had this to say about the Havant factory closure in the UK …
Chris Mellor, 26 Jul 2016
Poison pill

Micron sets a canary to watch over its stock in case of takeover

A filing in the Securities Exchange Commission has set the hounds running on speculation that Micron Technology is the latest takeover target in the ongoing consolidation of the chip business. The filing, in the arcane language of SEC documents, gets to the point in this statement: “[N]o person will become an Acquiring …
Fibre, image via Shutterstock

Not-BT-Openreach' biz CityFibre sextuples pipeline

Cable-layer CityFibre has booked a six-fold increase in contracts during its first half of 2016, with £53.8m in the pipeline compared with £8.1m for the same period last year. New contracts signed in the period comprise 3,702 new customers, more than three times the total amount on the books in 2015 (1,110), and more than …
Kat Hall, 25 Jul 2016
Dell e-commerce site

Revealed: How Dell can afford $67bn for EMC – by selling $650k laptops

World exclusive Dell's ingenious strategy for financing its audacious $67bn acquisition of EMC is a secret no more. Dell is already facing a staggering debt mountain to fund the takeover. Now a crack Reg investigative team can reveal that the Round Rock computing giant has an ambitious plan in place to raise the cash necessary for the deal …
Shaun Nichols, 22 Jul 2016
Twilight Zone, 'Time Enough At Last'

Free Windows 10 upgrade: Time is running out – should you do it?

Microsoft's free Windows 10 upgrade offer runs out this Friday, 29 July 2016, one year after the initial release, and a few days before the Anniversary Update. "This is more than a one-time upgrade: once a Windows device is upgraded to Windows 10, we will continue to keep it current for the supported lifetime of the device – …
Tim Anderson, 22 Jul 2016

Ingram Micro and Tianjin Tianhai: Go on, PROBE us

Ingram Micro and the Chinese logistics giant Tianjin Tianhai that wants to buy it confirmed they are to submit the proposed $6bn bid for review to the Committee of Foreign Investment in the United States. This is an about-turn because Ingram - the world’s largest tech distributor - previously said the deal would not “fall …
Paul Kunert, 22 Jul 2016
Shouting match

XtremIO heading for the bin? Total BS, thunders CTO Itzik Reich

Storage industry jungle drums heard by El Reg suggest EMC is axing XtremIO product line development and putting it into maintenance mode due to scalability and data availability issues. EMC vehemently denies this, saying it's absolute FUD. Three independent sources say XtremIO is headed for a maintenance-only retirement home …
Chris Mellor, 21 Jul 2016

Bosses at UK infosec biz Quadsys confess to hacking rival reseller

Five men working at UK-based IT security reseller Quadsys confessed today to hacking into a rival's database. Owner Paul Streeter, managing director Paul Cox, director Alistair Barnard, account manager Steve Davies and security consultant Jon Townsend appeared before the beak at Oxford Crown Court. All five pleaded guilty to …
Paul Kunert, 21 Jul 2016

Whoa! Shanghai Stock Exchange delays $6bn Ingram Micro takeover

Tianjin Tianhai, the Chinese logistics giant, has delayed next week’s shareholder meeting to rubber stamp the $6bn takeover of Ingram Micro as it gathers data requested by the Shanghai Stock Exchange (SSE). Tianjin Tianhai, owned by the conglomerate HNA Group, revealed in February its intended acquisition of Ingram, the world …
Paul Kunert, 21 Jul 2016

Everyone's favorite infosec biz – Blue Coat – must cough up $40m to rival in patent rip-off row

Blue Coat has lost its appeal challenging a nearly $40m patent infringement lawsuit brought by rival security company Finjan. The California Northern District Court upheld the 2015 jury decision awarding $39,528,487 to Finjan for infringement by Blue Coat on five of its patents: 6,804,780 identifying downloadable files 6, …
Shaun Nichols, 20 Jul 2016
Profits down, image via Shutterstock

Logicalis: Top line shrinks as UK restructuring continues

Restructuring at Logicalis that weighed heavy on the integrator’s financials in recent times will be over and done with at some point before the, er, end of next February. Datatec, the London-listed parent of Logicalis and networking and comms distie Weston, today issued a heads up for first quarter trading ended June - sales …
Paul Kunert, 20 Jul 2016
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016

Opinion

Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Features

STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'