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Articles about Acquisition

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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- …
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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
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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
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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
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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
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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 …
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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 …
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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
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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 …
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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
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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

Big Blue's boxes: No IBM storage numbers, but it's a drop

+Comment The storage hardware portion of IBM's quarterly revenues continued its long-term decline, with a 13 per cent annual drop. It's a nice welcome for incoming storage boss Ed Walsh with the storage hardware decline glaringly obvious. We don't know the storage software numbers within IBM's systems segment, and nor do we know …
Chris Mellor, 19 Jul 2016

Ex-CTO: Yes, Nutanix is buying PernixData

Exclusive PernixData's outgoing CTO and technology evangelist Frank Denneman says Nutanix has bought PernixData. Sources told us earlier this month that Nutanix was gobbling up Pernix, but neither company would confirm an acquisition was underway. Denneman has now told El Reg he has left PernixData, adding: "Nutanix has acquired Pernix …
Chris Mellor, 19 Jul 2016

EMC: Sales flat but wallets fat. Ready to vote on the merger?

EMC-Dell deal EMC saw totally flat revenues in its second quarter but profits rose 19 per cent. It could have been better as late orders couldn't be fulfilled. Revenues were a straight $6bn, unchanged from a year ago but up 9.6 per cent sequentially. They were $5.9bn two years ago so EMC is arguably standing still revenue-wise. Net income …
Chris Mellor, 19 Jul 2016
Chain expressing freedom (Stepph / Wikimedia)

VMware's past holds the key to the future of Microsoft's Azure Stack

By most accounts VMware's first stab at hyperconvergence, the EVO:RAIL software-defined Nutanix clone, was a decent set of software. But it failed, quickly, and has been quietly removed from the frontline. The reason why is simple: in its first incarnation VMware insisted that EVO:RAIL buyers acquire new vSphere licences. …
Simon Sharwood, 17 Jul 2016

UK gov says new Home Sec will have powers to ban end-to-end encryption

IPBill During a committee stage debate in the UK's House of Lords yesterday, the government revealed that the Investigatory Powers Bill will provide any Secretary of State with the ability to force communication service providers (CSPs) to remove or disable end-to-end encryption. Earl Howe, a minister of state for defence and deputy …
Gridstore HCA

Gridstore eyes up container upstart DCHQ

Updated Hyper-V-based hyper-converged startup Gridstore is in talks to buy DCHQ. Gridstore had hoped to formally announce the acquisition today, but told The Register the deal is still being worked out. It also considered renaming itself Hypergrid after completing the transaction. Gridstore pressed the eject button for CEO George …
Chris Mellor, 07 Jul 2016

EMC will hawk Dell's Nutanix-powered XC kit

Exclusive VCE president Chad Sakac has confirmed EMC will pick up Dell's Nutanix-powered XC hyper-converged system, even though EMC's own VxRail hyper-converged system sales are "on fire." VCE is EMC's Converged Platform Division, and – lest we forget – EMC is going to be gobbled up by Dell, which flogs Nutanix-powered XC gear. If that …
Chris Mellor, 07 Jul 2016

Infosec bods NCC walk away from the domain services biz

UK-based infosec consultancy NCC Group is withdrawing from the domain services biz while retaining domain security capability. The tactical switch was announced as NCC reported revenues up 56 per cent to £209.1m in the 12 months to 31 May 2016, compared to £133.7m in its previous financial year. NCC’s adjusted pre-tax profits …
John Leyden, 07 Jul 2016

Avast woos AVG shareholders with $1.3bn buyout offer

Avast is offering to buy anti-virus rival AVG for $1.3bn. AVG shareholders are being offered $25.00 per share in cash, a 33 per cent mark-up on the closing share price on Wednesday. AVG, Avast and rival Avira are the three main players in the market for freebie anti-virus scanners for Windows. All make their money by offering …
John Leyden, 07 Jul 2016
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Nutanix gobbling Pernix – why not?

Comment Rumour has it Nutanix is talking to Pernix Data about a possible acquisition. It could be a good thing for Nutanix and, of course, its customers. All DCs are brown fields If Nutanix's masterplan is to become the management platform for any data centre, it has to expand its product line. It is already at it, as I wrote a few …

Sources: Nutanix poised to gobble PernixData

Exclusive Four independent sources say hyper-converged poster child Nutanix is buying hypervisor flash-cacher PernixData, thus gaining crucial technology to speed up its appliances. A Nutanix spokesman told us: "No comment." A PernixData spokesperson added: "We are not commenting at this time." A PernixData insider told The Register: " …
Chris Mellor, 01 Jul 2016
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Embiggening AWS doubles its UK sales to £254m

Cloud slinging (and tax avoiding) Amazon Web Services nearly doubled its revenue in the UK last year, pulling in £254m. According to analyst TechMarketView's annual Software, IT & Business Process Services (SITS) report, the cloudy biz pushed up sales locally by 45 per cent, a foothold that will likely increase once AWS sets …
Kat Hall, 01 Jul 2016
I quit

Azzurri CEO quits, will walk out sometime in 'summer'

The CEO of Maintel-owned Azzurri Communications, Chris Jagusz, is quitting in the summer but the company's new owners haven’t specified the exact departure date. Cloudy comms integrator Azzurri was acquired by Maintel in April for £48.5m and so it was only a matter of time before the exec exited once the handover period was …
Paul Kunert, 01 Jul 2016
Uncle Sam's money

Want $50bn from Uncle Sam? Put in a bid on these IT contracts

The US government's General Services Administration (GSA) has opened bidding on what it says will be a $50bn IT services contract package. The federal agency is now accepting applications for the Alliant 2 and Alliant 2 Small Business contracts to create what it describes as a "large, diverse pool of industry partners." The …
Shaun Nichols, 28 Jun 2016

Cisco to splash $293m on CloudLock

Cisco has beefed up its security services unit with the acquisition of CloudLock for $293m (£220m). CloudLock specialises in cloud access security tech, offering enterprises analytics on user behavior and sensitive data for cloud services, including SaaS, IaaS and PaaS. The acquisition is expected to close in the first …
Kat Hall, 28 Jun 2016
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Dev boss: What will Microsoft do with Windows 10 Mobile? Surprise – it's for work!

One of the puzzles about Microsoft’s platform in 2016 is Windows 10 Mobile. In the run-up to the launch of Windows 10 in July 2015, the plan seemed to be that a unified operating system across PC and mobile, combined with applications developed for the Universal Windows Platform (UWP), would boost Windows Phone and create a …
Tim Anderson, 24 Jun 2016
Raining money

Dell close to selling software division for $2bn – reports

Dell is close to agreeing the sale of its software division for more than $2bn as it digs behind the settee cushions to fund its mega-acquisition of EMC. A consortium including Francisco Partners and Elliot Management are “in advanced talks” to acquire the division, Reuters reported today, citing “three people familiar with …
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Quantum is shutting down sync'n'share biz Symform in July

Storage firm Quantum bought the Symform cloud consumer/small business file sync and share business in August 2014 – and is going to close it down on July 31. It has gone from acquisition to closure in 23 months. Why? According to a Quantum FAQ: "Quantum is discontinuing the Symform service due to its strategic business focus …
Chris Mellor, 17 Jun 2016

Vanishing EMC golden handcuffs could cause brain drain

Stock option-incentivised EMC staff could brain drain out of the company as the Dell acquisition will cash-out their stock options, de-incentivising them. We're told by an EMC insider that: "All EMC golden handcuffs disappear at the Dell acquisition. That is, immediately prior to the acquisition, all EMC restricted stock units …
Chris Mellor, 17 Jun 2016
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Ex-SAP exec and pals accused of $500,000 insider trading scam

A former SAP executive and his associates allegedly ran an insider trading ring to net hundreds of thousands of dollars. Chris Salis was, until recently, global vice president and general manager for procurement at SAP. US financial watchdog the SEC claims he used his inside knowledge of SAP's takeover of Business Objects in …
Iain Thomson, 16 Jun 2016
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Samsung to acquire Joyent

Container pioneer and Sun alumni lair Joyent has been bought by Samsung. Since the buyer is a world-spanning industrial powerhouse, the acquisition is too small for Samsung to have to talk about the price. Joyent's probably most famous as the first corporate steward of node.js and one of the language's largest users. It's …

Opinion

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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'