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Articles about Acquisition

BT Openreach at work

BT rebuked for attributing some EE acquisition costs to 'all UK lines of business'

Telecoms giant BT has been rebuked by the UK's industry regulator for attributing some of the "acquisition costs" associated with its takeover of EE to all of its UK business divisions, including Openreach. Ofcom said it was "inappropriate" for two charges, totalling £1.7 million, to be attributed to "all UK lines of business …
OUT-LAW.COM, 23 Nov 2015

Wick Hill: we are in talks with 'acquisition targets'

Security specialist Wick Hill has set up a incubation unit for emerging vendors coming to EMEA that can’t afford to set up their own services infrastructure or local presence. The Wick Hill Select programme will offer technical support services via a security operations centre, marketing, training and professional services to …
Paul Kunert, 15 Oct 2015

Is SanDisk becoming an acquisition target as the market consolidates?

Rumors and speculations are mounting that SanDisk might be an acquisition target, with reports indicating it's been chatted up by two suitors wanting to buy it, with Western Digital (WD) in the frame. There is strong logic for such a deal, as SanDisk is a hugely hot flash product supplier, and partners Toshiba in the flash …
Chris Mellor, 04 Sep 2015
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
Green light

Interoute gets green light for £402m Easynet gobble

Cloudy hosting company Interoute has Wednesday been given the green light by Blighty's competition watchdog to snap up networks outfit Easynet for £402m. Interoute said the acquisition will almost double the size and of its enterprise ICT services business, which will create a combined total revenue of €700m (£495m) based on …
Kat Hall, 04 Nov 2015
A daisy

Daisy completes Phoenix IT gobble

Acquisition-ravenous Daisy Group has completed its gobble of tech services outfit Phoenix IT Group. The deal is a sizeable purchase for Daisy, with Phoenix turning over £233.4m in sales for the full-year 2014. The 1,400 engineers working for Daisy and Phoenix will be merged in the Partner Services division. The Phoenix …
Kat Hall, 31 Jul 2015
Boy slurps watermelon. Credit: Shutterstock

Cisco to acquire ParStream for IoT data-sifting

Cisco-backed database and analytics newcomer ParStream is being re-assimilated, with the Borg announcing it's going to buy the "big data analytics" company (as it describes itself). The Borg has signalled its interest in sifting Internet of Things data for quite some time, and since ParStream grew out of Cisco's "Entrepreneurs …
IBM CEO 'Ginni' Rometty

IBM CEO Ginni Rometty also cool on EMC/Dell

EMC/Dell deal IBM's CEO Ginni Rometty has offered a guarded-but-mostly-negative opinion on Dell's acquisition of EMC. Speaking at the Fortune Most Powerful Women event, Rometty said she's noted the deal but that IBM sets its strategy according to what IBM thinks is right, and not in response to competitors' activity. IBM won't be changing …
Simon Sharwood, 14 Oct 2015
data centre

Slurp-happy reseller SCC: We want to buy a mobile services biz

Midlands tech dynasty SCC has switched on the searchlight to hunt for acquisition targets in the mobile space. The reseller-cum-data-centre-services provider is on the acquisition trail, and a week ago took a minority stake in hosted voice and unified comms-as-a-service player SIPCOM. James Rigby, CEO at SCC, said: “The next …
Paul Kunert, 16 Oct 2015

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

Piston to power Cisco Intercloud

Cisco is either dipping another tentative toe in the open cloud business, or about to Borg a potential competitor, announcing that it wants to buy cloud operating system company Piston Cloud Technologies. Piston's OpenStack expertise will now be wrapped into the warm embrace of Cisco's Cloud Services operation, the group charged …
BT Openreach van

BT posts flat results following EE merger green light

Telecoms giant BT posted flat results for its second quarter earnings, just days after it was given the green light by Blighty's spending watchdog to snap up mobile operator EE for £12.5bn. For the three months to September, the one-time state monopoly posted flat revenue of £4.38bn for the second half of 2015, compared with …
Kat Hall, 29 Oct 2015
Microsoft monopoly

Microsoft in SaaS-y cloud data security slurp

Microsoft has acquired cloud security outfit Adallom. Adallom was founded in 2012 and follows the “R&D in Israel, sales in Silicon Valley” template for a range of data security products for clouds. The company's wares bring data loss prevention and reporting to cloud storage services, offering users the chance to see just who' …
Simon Sharwood, 09 Sep 2015

Redstor liked software developer Attix5 so much...

Specialist storage reseller-cum-provider-of-clouds Redstor has played the Victor Kiam card in buying Attix5, a South African software developer it has outsourced work to for the past decade. Attix5 specialises in data protection, managed back-up and disaster recovery services. It provided the “underlying” tech that comprises …
Paul Kunert, 14 Sep 2015
slice of pizza

Revenue up 62 per cent, as Redcentric posts bumper post-buy results

Managed services biz Redcentric reported a significant increase in sales and profits for its full-year 2015 results, as the firm's acquisition strategy began to bear fruit. The Yorkshire outfit posted an increase in revenue of 62 per cent to £94.3m, compared with 2014. Profits rose to £8m from £1.8m for the same period. The …
Kat Hall, 15 Jun 2015

Cisco gobbles OpenDNS, sorts out cloud security portfolio

Cisco will buy privately held net security firm OpenDNS for $635m in cash, to make good its cloud security portfolio and boost the networking giant's "security everywhere" approach. Announcing the deal today, the leviathan is offering the bundle of cash alongside assumed equity awards, plus retention based incentives for OpenDNS …

What the bleedin' Dell is this? IT giant mulls unit selloffs – report

Reuters reports Dell is thinking of selling off non-core assets to clear the decks before the EMC acquisition and raise $10bn. Four candidate businesses are mentioned: Quest Software IT management with its systems management, security and business intelligence functions SonicWall email encryption and security Rapid …
Chris Mellor, 03 Nov 2015

Ex-Autonomy CEO Mike Lynch sues HP for $150m+

Autonomy founder and ex-CEO Mike Lynch is suing HP for at least $150m (£100m) in damages over its assertion that he helped cook the books to inflate the price it paid for the software firm. Back in the summer of 2011, HP forked out $10.7bn to acquire Autonomy. Little over a year later, the US giant accused Lynch of …
Paul Kunert, 01 Oct 2015

Overland Storage by any other name would still make losses (and has)

Comment Overland Storage ... sorry, Sphere 3D these days after the acquisition, continues on its merry way with no appreciable change in its progress – revenues are still falling and losses are deepening. Actually, if you look at 22 consistently loss-making quarters, you might even think this is its strategy. CEO and chairman Eric …
Chris Mellor, 18 Nov 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
Boy slurps watermelon. Credit: Shutterstock

Six Degrees separates: Sold to Charlesbank Capital Partners

Private equity biz Penta Capital has agreed to sell hosting and managed services outfit Six Degrees to funds affiliated with Charlesbank Capital Partners for an undisclosed sum. The business came onto the market in February with corporate financier DC Advisory managing the sale process, as El Chan exclusively revealed. …
Paul Kunert, 17 Jun 2015

Official: WD buys SanDisk

Consolidation in the storage industry is speeding up. One week after Dell decides to buy EMC for $67bn, Western Digital is using Unisplendour money to buy SanDisk for $19bn to create an enterprise and consumer flash powerhouse. Speculation about a SanDisk purchase by Western Digital has been intense, following the $3.8bn …
Chris Mellor, 21 Oct 2015
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

Systemax offloads North America problem child to PCM for $14m

Ailing tech supplier Systemax looks to have dealt with the corporation’s problem child – it is selling “certain assets” of the North American Technology Group (NATG) to PCM for $14m and will shutter the rest. The once mighty reseller has reported steep losses and falling sales this year; it has already closed 31 retail stores …
Paul Kunert, 19 Nov 2015

Capita and private equity biz circling, sniffing around Xchanging

What a place employees at troubled Xchanging find themselves this morning: both Capita and private equity firm Apollo Global are bidding to buy the LSE-listed tech biz. The insurance market BPO specialist and software provider confirmed to the City this morning it has permitted both businesses to look under the hood. …
Paul Kunert, 05 Oct 2015

CSC beefs up public sector biz with $390m merger deal

Soon-to-be split CSC is merging its government services biz with US public sector IT outfit SRA for $390m (£254m). The acquisition will add around $1.4bn (£911m) in revenue and 5,000 staff to CSC's public-sector outfit, creating combined annual sales of $5.5bn (£3.6bn) and a workforce of nearly 19,000 employees. Mike Lawrie, …
Kat Hall, 01 Sep 2015

HP to buy ConteXtream for SDN/NFV top-up

HP is looking to beef up its service provider software-defined networking (SDN) footprint, with the acquisition of Comcast and Verizon-backed ConteXtream. With SDN looking increasingly bedded down in the data centre, the carrier market is becoming the next battleground, with everyone from startups to big names looking for places …
management management4

VMware veep Bill Fathers steps aside to take 'more strategic role'

VMware enterprise veep, board member and cloud czar Bill Fathers will not be part of the management family running the recently announced Cloud Services Business joint venture with EMC. Last week, the cloudy partners formally launched their joint venture, following EMC's $1.2bn (£782m) acquisition of Virtustream in May. …
Kat Hall, 26 Oct 2015

Hewlett Packard Enterprise CEO Whitman slams EMC/Dell deal

EMC/Dell deal HP Enterprise's CEO Meg Whitman has slammed Dell's acquisition of EMC. In an email sent to “All Hewlett Packard Enterprise Employees” Whitman says the merger is “a good thing for Hewlett Packard Enterprise and an opportunity for us to seize the moment.” Whitman says HP Enterprise is “two years ahead of the game” and that Dell …
Simon Sharwood, 13 Oct 2015

More mobile misery at Cisco: Intucell set for cuts?

A week after Channel Register heard of Cisco's woes in the small cell business, reports are emerging that another recent acquisition is also troubled. On the back of last week's report that half the staff of Ubiquisys's Swindon operation might be de-assimilated, Lightreading reckoned there were now nervous flutters in The Borg …

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
Intel sign by

Intel gobbles up chipmaker Altera in $16.7 BILLION splurge

Intel has subsumed Altera for $16.7bn (£11bn), ending months of “will they, won't they” takeover chatter. The acquisition will allow Chipzilla to get its mitts on Altera's field-programmable gate array (FPGA) tech – chips that customers can configure after purchase. The acquired unit will sit in Intel's bit barn division. The …
Kat Hall, 01 Jun 2015
retro cartoon featuring two men fighting against cloud backdrop

New cloud bookings are a thing for SAP in Q3

It's all about the cloud for SAP in its Q3, 2015 results announcement today, with the company posting cloud subscription and support revenues of €600m, up 116 per cent on last year - and a slightly less heady 90 per cent at constant currencies. Even less heady, new acquisition Concur delivered €149m of the growth. New cloud …
Drew Cullen, 13 Oct 2015

Ex-Trinity boss McDonagh bags NED role at Trustmarque

Trustmarque has hired former Trinity Expert Systems CEO Steve McDonagh as a non-exec director to provide consultancy on the fluffy white stuff - cloud services that is, for the absence of doubt. McDonagh was in driving seat at TES when it acquired Eurodata in the summer of 2011, but the firm subsequently succumbed to cash flow …
Paul Kunert, 26 Oct 2015

HP coughs up $100 MEEELLION to settle Autonomy lawsuit

HP has coughed up $100m (£65m) to settle its legal dispute with a Dutch pension fund over its massive $8.8bn (£5.6bn) Autonomy write-down. HP confirmed today that it has entered into a settlement agreement with PGGM Vermogensbeheer, the lead plaintiff in the securities class action arising from the impairment charge taken by HP …
Kat Hall, 09 Jun 2015

Microsoft SLASHES 7,800 bods, BURNS $7.6bn off books in Nokia adjustment

Microsoft will carry out one of its largest rounds of job cuts and a record book writedown in a restructuring plan that calls time on its ill-fated Nokia acquisition. The Windows goliath confirmed on Wednesday (July 8) that 7,800 staff will go, primarily from its phone hardware business – the Nokia devices and services unit it …
Gavin Clarke, 08 Jul 2015
Marc Benioff of Salesforce. Pic: Techcrunch

Someone is trying to buy Salesforce – but who could it be? is being eyed up for an acquisition – and has hired financial experts to guide it through the biz gobble, it's claimed. "Salesforce does not comment on rumors or speculation," the San Francisco-headquartered cloud giant told The Register this afternoon in response to whispers. There has been no formal offer for …
Shaun Nichols, 29 Apr 2015

Exertis parent DCC swallows Computers Unlimited for £24m

DCC Technology has acquired consumer tech distie Computers Unlimited for £24m, the Ireland-headquartered group confirmed today. The buy adds roughly 2,000 trading accounts, offices in London, Paris and Barcelona that employ roughly 200 staff and hardware/software from 70 vendors including Adobe, Epson and WD. CU operates four …
Paul Kunert, 19 May 2015
Exit sign. Pic:  Lukas Kästner

Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …
VMware nutella

VMware to chomp up Boxer, says chief techie

VMware has announced plans to acquire Boxer, "doubling down" to further integrate a broader range of easy-to-use applications within its secure data management platform. Boxer provided personal information management (PIM) and social networking solutions to enterprises. Its team is set to join VMware's AirWatch team, within …

Amazon slurps Elemental

Amazon Web Services has acquired “software-defined video” player Elemental for an undisclosed sum. According to Elemental's announcement, the transaction is expected to complete in Q4 of 2015. The Information reckons Amazon will fork over US$500 million in cash for the acquisition. Elemental's specialty is on-the-fly video …

Hortonworks to gobble Budapest-based SequenceIQ

Hortonworks decided it needed an automated tool to launch Hadoop clusters in the cloud, or any environment supporting Docker containers, and one buy of SequenceIQ later, ’tis done. The loss-making slinger of enterprise Apache Hadoop is to consume the Budapest-based open source developer of rapid deployment tools, for an …
Paul Kunert, 14 Apr 2015

Node4 buys app developer and cloud purveyor Reconnix

Lloyds Development Capital-backed Node4 has snapped up non-proprietary application development and professional services outfit Reconnix. The bolt-on buy of the Newark-based minnow will serve as the open source division for Node4, which provides co-location from four DCs that it operates, and managed tech and comms services to …
Paul Kunert, 30 Mar 2015

Cisco borgs UK infosec bods

Cisco Systems is buying Portcullis Computer Security, a UK-based firm specialising in consulting to enterprise and government clients. Both firms are staying tight-lipped about the value of the deal which is expected to complete early in 2016. When that happens Portcullis employees will become part of the Cisco Security …
Funnel of cash. Credit: via SXC –

Dell seeking $40 BEEELLION to buy EMC NEXT WEEK say reports

EMC/Dell deal Dell is figuring out how to borrow the US$40 billion it would need to acquire EMC, according to reports quoting the usual folks familiar with the deal. CNBC says Dell is prepared to offer $27 a share to buy EMC. It'll need to because EMC shares closed today at $27.18, up $1.22. Bloomberg's take on the deal also uses the $40 …
Simon Sharwood, 08 Oct 2015
BT Openreach van

'Tough' UK public sector blamed in BT sales hiccup

Sales dropped 2 per cent to £17.85bn for telco giant BT's full-year results announced today, while profits increased 12 per cent to £3.17bn compared with the previous year. The company primarily blamed its drop in sales on the foreign exchange market, while attributing the profit boost to an efficiency and cost-cutting programme …
Kat Hall, 07 May 2015
Windows Store For Business

Signups start at 'Windows Store for Business'

Microsoft's wanted an enterprise app store for ages, but hasn't been able to get one going because one the many messes in Windows 8.x was “side-loading”, a strange Microsoft's method for allowing businesses to install Windows apps en masse to their PC fleets. Now it looks like Redmond's revving a replacement, as a new Windows …
Simon Sharwood, 05 Nov 2015


George Osborne, photo: HM Treasury
shutterstock_183801788_container ship

Chris Mellor

The SAN growth glory days are well and truly over, so where next?

Tom Whipp

Insurance industry insider tells all
Crypto fingers


Michael Dell. Pic by Joi Ito
Cool Texas dude is just your average billionaire
The Seeing Eye by Valerie Everett, Flickr, CC2.0
Follow the money – or, at least, our projections
Boats storm girl photo via Nikolina Mrakovic
The puppets from Team America: World Police gather at a bar for drinks.