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Articles about Acquisition

Larry Ellison, photo by Oracle Corporate Communications

Oracle's $5 BEEELLION acquisition zeppelin looms over Micros Systems

Database and software megafirm Oracle is mulling a multi-billion-dollar acquisition of hospitality and retail tech vendor Micros Systems. The two companies are currently in "exclusive talks" about Oracle buying the company for over $5bn, Bloomberg reported on Tuesday. Such an acquisition would help Oracle combat the slowdown in …
Jack Clark, 17 Jun 2014
management strategy2

Bytes Tech Group in 'early' talks with acquisition target

Bytes Technology Group (BTG) is courting management at a software services target as the ink still dries on yesterday's contract to offload its Xerox concessionaire. The Surrey-based business that has South African owners, sold the Bytes Document Solutions to fellow Xerox player Xeretec for an undisclosed sum as it was not …
Paul Kunert, 02 May 2014
European Union Flag

How much? Who knows. EC gagging order on DiData acquisition continues....

Dimension Data will only chow down on the entire European organisation of NextiraOne once certain sales criteria are met, the South Africa-HQ'd NTT-owned integrator whispered to us as the European Commission comms blockade continues. Acquisitive DiData has emerged as a suitor of the comms and networking reseller NextiraOne but …
Paul Kunert, 04 Dec 2013
Columns of coins in the cloud

Pivotal pivots with Xtreme Labs acquisition

VMware's cloudy spinoff Pivotal has acquired mobile development and consulting company Xtreme Labs for a reported $65m. The acquisition of the Canadian mobile development company was announced on Wednesday by Pivotal, and will see Xtreme Labs merged into Pivotal's large development organization. "Today's acquisition further …
Jack Clark, 02 Oct 2013

CA piles into API management with Layer 7 acquisition

CA Technologies has hopped into API management via the acquisition of Layer 7 technologies as the company continues to reinvent itself for the software-as-a-service era. The acquisition follows a similar move by Intel to acquire Mashery last week, and API Management company Mulesoft's announcement it had trousered a further $37m …
Jack Clark, 22 Apr 2013
Mike Lynch

'Brit Bill Gates' was powerless to stop HP's Autonomy acquisition

Mike Lynch didn't fall out of love with Hewlett-Packard, it was HP which didn't know what it wanted. So says "Brit Bill Gates" Mike Lynch, who has even suggested HP's initial advances under then chief executive Leo Apotheker were unsolicited - possibly even unwanted - and that he was powerless to stop the acquisition. Speaking …
Gavin Clarke, 01 Mar 2013
bug on keyboard

Cisco slurps security scanner

Cisco has continued the expansion of its security portfolio with the acquisition of malware analysis outfit ThreatGRID. The acquisition target was founded in 2012, one of the then-burgeoning number of companies that pushed malware analysis, threat intelligence, and security analytics into the cloud (supplemented by an on-premise …

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014
channel

Hitachi Data Systems on the acquisition trail again

Hitachi Data Systems has announced its intention to buy Shoden Data Systems. Data systems companies have to stick together, right? Shoden, a systems integration supplier to data centres, is based in South Africa and has a UK operation as well as others across sub-Saharan Africa. It has been an HDS partner for 11 years, supplying …
Chris Mellor, 05 Oct 2011
james_rigby_md_sch2

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

Texan firm buys disaster recovery bods Neverfail

UK business continuity specialist Neverfail has been acquired by US-based Artisan Infrastructure in a quiet and unannounced deal. Ex-Neverfail MD Martin Mackay said: ”I am not at liberty to give details but we have indeed been acquired by Artisan. They liked our product set a lot and this is good news for customers, partners, …
Chris Mellor, 29 Jul 2014
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
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

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

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 …
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
globalisation

Distie acquisition helps Tech Data beat the street

Tech Data increased sales for the three months ended 31 October 2010 by 9.2 per cent to $6.16bn. The distie giant's profits for the period were up to $81m, compared to $65.1m for the same period last year. This gives earnings per share of $1.07, compared to 84 cents in 2009. Operating margin was 1.31 per cent, compared to 1.15 …
John Oates, 22 Nov 2010

Paragon Group consumes tits-up print house Service Point

Specialist print biz Paragon Group has acquired Service Point UK, saving the jobs of "more than" 400 staff less than a fortnight after it was placed into administration. Directors at loss-making Service Point, Michael Barton-Harvey and Clayton Lee, called in the receivers on 24 April, according to a filing at Companies House …
Paul Kunert, 06 May 2014

Capita IT Services slurps up small security biz

Crapita Capita IT Services confirmed today it has hoovered up security reseller minnow Network Technology Solutions for an undisclosed sum. This is the first bite-size deal of the year for CITS but given its historic addiction to acquisition will unlikely be its last. London-based NTS (UK) majors on intrusion detection and …
Paul Kunert, 21 Mar 2014

HP Simplivity buyout rumours: Could it be worth HALF a BILLION?

HP is said to be in talks to buy Simplivity, a startup whose main offering is the Omnicube converged server/storage/networking systems. The Omnicube is a so-called hyper-converged system, designed from the ground up to eliminate the data centre chaos of independent server, storage and networking products that have to be …
Chris Mellor, 10 Jun 2014
European Union Flag

Euro judge flings out Cisco beefs against Microsoft-Skype deal

Cisco’s European challenge to Microsoft’s acquisition of Skype has been thrown out by a judge. The European Court of Justice ruled on Tuesday that Microsoft’s ownership of Skype doesn’t damage competition in either the consumer or video communications markets. “Microsoft’s acquisition of Skype is compatible with the internal …
Gavin Clarke, 11 Dec 2013
Apple signs for auction

It's a Brit Apple supplier BORG: Two become one £80m fruity tech titan

Private equity-backed Jigsaw24 has swallowed fellow Apple supplier Square Group for an undisclosed sum to create a circa £80m powerhouse in the fruit-branded channel. NorthEdge Capital took a stake in Jigsaw24 in April '13, providing the Nottingham-based dealer with an investment fund to speed up growth both organically and via …
Paul Kunert, 26 Jun 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

Systemax goes Dutch, devours SCC Netherlands

Shape-shifting box shuffler Systemax has swallowed SCC's "sub-scale" Dutch division for an undisclosed sum. New York-listed Systemax last night confirmed the bid to the stock exchange, the most significant buy it has made in Europe - where it trades as Misco - since the acquisition of WStore some years back. "The European IT …
Paul Kunert, 02 May 2014

Ex-Autonomy boss Mike Lynch goes nuclear: Claims HP 'misleads' its own shareholders

Mike Lynch, former chief of HP-owned Autonomy, tossed an explosive shareholder letter onto the internet today – just hours before HP's annual investors' meeting in Santa Clara, California. The scathing missive alleges Hewlett-Packard has been "misleading" its shareholders about the reasons behind the computer giant's $8.8bn …
Jack Clark, 19 Mar 2014
VMware logo

VMware guzzles 'desktop-as-a-service' firm Desktone

VMware has slurped Desktone to add another "as-a-service" offering to its catalogue of virtualisation software. Desktone is apparently a "pioneer" of Desktop-as-a-Service and has "an advanced multi-tenant desktop virtualization platform for delivering Windows desktops and applications as a cloud service", according to VMware. " …
Toshiba NAND wafer

REVEALED: Fusion-io shopped itself to 11 firms... 10 declined

Fusion-io shopped itself to 11 companies and only got one offer. A Schedule 14D-9 SEC filing about the $1.1bn SanDisk acquisition of Fusion-io reveals that: SanDisk and Fusion-io first discussed a possible commercial arrangement in Summer 2013. Fusion-io talked to other potential partners as well. SanDisk expressed acquisition …
Chris Mellor, 26 Jun 2014

Level 3 gobbles rival TW Telecom in $5.7bn deal (that's 5 Instagrams)

Internet backbone provider Level 3 has bought its competitor TW Telecom in a cash and stock mega-deal valued at $40.86 per share. The planned $5.7bn merger, if waved through by US regulators and shareholders, would further consolidate the telco market stateside. "We believe this is a financially compelling and very strategic …
Kelly Fiveash, 17 Jun 2014

IBM gobbles CIA-backed NoSQL database upstart Cloudant

IBM is creeping towards the cloud, picking up startups on the way, including a NoSQL database company to fill in some of the perceived shortcomings of DB2. The acquisition of Cloudant was announced on Monday and will give IBM control of a NoSQL "database-as-a-service" (DBaaS) [As a service? What the hell was a database …
Jack Clark, 24 Feb 2014
Autodesk's AutoCAD

AutoCAD daddy buys UK design software firm Delcam for £172.5m

Autodesk is all set to slurp British firm Delcam for £172.5m in a bid to snatch more software to offer to the manufacturing sector. The US computer-aided design (CAD) software firm offered Delcam £20.75 per share, a premium of 21 per cent compared to the price at which the company closed on the London Stock Exchange yesterday. …
Microsoft CEO Satya Nadella

Microsoft CEO Nadella names his Xbox and Cloud OVERLORDS

New Microsoft CEO Satya Nadella has made two important albeit expected appointments to his executive team. The big cheese announced on Monday that his company will remove the "interim" from Scott Guthrie's role as interim executive vice-president of cloud and enterprise. Phil Spencer, the boss of in-house games developer …
Shaun Nichols, 31 Mar 2014

OpenStack kingpin Rackspace hires bankers to help it mull 'inbound strategic proposals'

Rackspace has retained Morgan Stanley to help it evaluate "inbound strategic proposals". In other words, a partnership or acquisition is something that may lie in Rackspace's future, according to Bloomberg, which broke the news on Thursday. "Our board decided to hire Morgan Stanley to evaluate the inbound strategic proposals, …
Jack Clark, 15 May 2014
euros_channel_money

Summer of data centre acquisitions on the cards in the UK

The business climate for acquisitions is mirroring the hotter weather outside, with a sales process for data centre providers Pulsant and VTesse Networks taking shape, multiple sources are telling us. Investment bank Jeffries has distributed an Information Memorandum for co-location player Pulsant, with private equity owner …
Paul Kunert, 20 May 2014
management regulation2

Judge rules investors can sue Meg Whitman and HP over Autonomy

HP and its chief Meg Whitman will have to face claims from a shareholder class action lawsuit alleging the exec and her firm knew statements from Autonomy's management were misleading before the acquisition. US District Judge Charles Breyer ruled that investors can go ahead with claims against the company and Whitman, saying …
Google sign outside Mountain View headquarters

Google's latest mega-earnings fail to impress shareholders

It's hard to be disappointed about quarterly revenues of $15.42bn – unless you're Google, that is, and the analysts expected you to bring in even more. The online ad-slinger underperformed in both revenue and earnings per share during the first quarter of its fiscal 2014, based on the average estimate gathered by Yahoo! Finance …
Neil McAllister, 16 Apr 2014
SOURCE: http://www.sxc.hu/photo/959469

Nothing to sniff at: Cisco finishes $2.8bn gobble of Snort'ing guy's Sourcefire

Intrusion prevention's a hot topic in the world of security, as reflected in the $2.8bn price tag Cisco has paid to complete the acquisition of network security specialists Sourcefire. The purchase - which was announced in July - is the largest security firm purchase since Intel's $7.7bn acquisition of McAfee in 2010. And it's a …
Iain Thomson, 09 Oct 2013
HP

HP chairman Ralph Whitworth steps down immediately

HP is losing the man who has chaired its board of directors for the past two and a half years, over health concerns. The IT titan said Ralph Whitworth, 58, will be stepping down from the chairman position effective tomorrow in order to focus on his wellbeing. Further details on Whitworth's condition were not given by the company …
Shaun Nichols, 15 Jul 2014
VMAX3

EMC gobbles cloud upstart TwinStrata

EMC is buying startup TwinStrata and its cloud storage gateway technology, CloudArray. And the storage giant intends to provide public cloud access as an embedded data service for VMAX3 users. EMC's Information Infrastructure division – its core storage biz – has also announced new products for its flash, high-end enterprise …
Chris Mellor, 08 Jul 2014
management strategy2

Logicalis grabs former Insight EMEA sales chief Brooker

International managed services bigwig Logicalis has hired former Insight exec Tony Brooker to run its sales and marketing teams in the UK and Ireland, El Chan can reveal. The industry vet starts early next month (4 August) and will manage a team of 120 staff, the majority of whom are in field sales, but he will be expected to …
Paul Kunert, 07 Jul 2014

Big data minnow swallowed by security player Accumuli

AIM-listed specialist security player Accumuli has coughed £1.9m for small Bracknell-based big data analytics reseller and integrator EQUALIS, it confirmed to the City today. This bolt-on-buy adds a seven-strong band of big data boffins that sell software from Splunk - for which EQUALIS is Blighty's only authorised training …
Paul Kunert, 02 Dec 2013

Brit giant Daisy stuffs face with treats, but she ain't piling on ££££££s

Telecoms provider Daisy Group forked out tens of millions of pounds on acquisitions in fiscal 2014 – only to see its top line stagnate as organic growth fell off a cliff in its legacy calls business. Operating losses have widened and debts mounted. The British biz spent £35.3m on four buys: £7.5m to pick up two of 2e2's data …
Paul Kunert, 17 Jun 2014
IBM's System x3620 M3 server

China clears Lenovo's slurp of IBM server biz

The Chinese Ministry of Commerce has finally approved Lenovo’s $2.3bn deal to buy Big Blue’s server biz, according to Reuters. The country’s anti-monopoly bureau has taken its time over the decision and the US authorities have yet to rule on the acquisition, but Lenovo has said it expects the deal to close this year. Chief exec …
paper cut-out men holding hands in linked semi-circle

Cisco pitches small cells into BYOD-heavy enterprises

With the acquisition of UK small-cell outfit Ubiquisys completed last month, The Borg's next step is to line up the channel, and to that end, it's announced a partner program to help carriers convince companies they need indoor 3G/4G cells on their campuses. The Cisco Small Cell Enterprise Select program is designed to pitch a …

Maplin Electronics sold for £85m to Rutland Partners

Electronics retail chain Maplin has been sold to a private equity firm for £85million - just a third of what it was acquired for a decade ago. Rutland Partners has snapped up Maplin and promised to use "change, restructuring and investment" in the pursuit of profitable growth. In a canned statement, Nick Morrill, managing …
Paul Kunert, 27 Jun 2014
Flash_Writing_on_the_wall

Wham, bam, thank you NAND: SanDisk SSD sales soar

SanDisk sales are booming, based on its NAND foundry integration and well-executed move into enterprise storage. Record second quarter revenue of $1.63bn was 11 per cent up year-on-year. Net income was £274m, 4.6 per cent more than a year ago – with revenues growing faster than profits. SanDisk supplies consumer and business …
Chris Mellor, 17 Jul 2014

UKFast hoovers up customer list of BurstNET

UKFast has made its first acquisition under a newly recruited M&A head after taking on the local customer base of US hosting biz BurstNET. As previously revealed, the cloud silo and server hosting provider hauled in former LDC and PwC director Catherine Houghton to steer an acquisition plan after claiming it lost out to rivals …
Paul Kunert, 05 Jul 2013

Oracle makes Sun-sized $5bn grab for Micros Systems

Oracle is buying systems maker and consulting shop Micros Systems for $5.3bn to counteract the slowdown in its hardware and software business. The giant Monday confirmed reports it is buying Micros, which builds and delivers integrated systems including point of sale systems for the retail and hospitality sectors. Oracle …
Gavin Clarke, 23 Jun 2014

Micro P consumes security minnow Cohort Technology

Micro P has hoovered up fellow Basingstoke-based virtualisation, security and comms distie Cohort Technology for an undisclosed fee. This adds some 14 new vendors to Micro P, itself owned by Irish conglomerate DCC, with the most notable names including ShoreTel, Citrix and Stonesoft. In addition to product distribution, Cohort …
Paul Kunert, 04 Oct 2013

Opinion

Lightning

Jack Clark

Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Microsoft CEO Satya Nadella
ARA_LIbertad

Chris Mellor

Elliott Management sinks its teeth into retiring godhead

Features

Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club
SAP Match Insights
Vorsprung durch grossendatatechnik, as we like to say in Germany
Inside the Google Lab where surgeons prepare the human/dog experiment
Big Blue exec tells El Reg what to keep an eye on