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Articles about Sale

Intel's makeshift Kaby Lake Cores hope to lure punters from tired PCs

Intel's stop-gap Kaby Lake processors – aka the seventh-generation Core family – will ship in laptops starting from September, we're told. According to Chipzilla, the first wave of the new Cores will appear in 10mm-thick notebooks and two-in-one convertible tablets aimed at small businesses and normal folk. The CPUs will …
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

Arista slapped with import ban after US Trade Rep lays down law

The US Trade Representative has upheld a ban on all Arista Networks products, following a complaint of patent infringement by Cisco. A federal commission found in June that the company's products infringed patents owned by the switchzilla. "The International Trade Commission determined that Arista wilfully and intentionally …
Kat Hall, 24 Aug 2016

The calm before the storm: AMD's Zen bears down on Intel CPUs

AMD is continuing to drip feed information about Zen, its long-awaited designed-from-scratch x86 processor microarchitecture. Zen is a big deal, or rather needs to be a big deal, for AMD because its previous Bulldozer microarchitecture was, well, bulldozed by Intel's Core series. Thus, AMD needs Zen to succeed in order to win …
Chris Williams, 18 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
sale

Imperva under pressure to find buyer after disappointing results

An activist investor is reportedly pushing data centre security firm Imperva to find a buyer following disappointing financial results. Cisco Systems, IBM, Raytheon or Symantec are touted as potential suitors of the Israeli entrepreneur-founded firm, which markets Web Application Firewalls and DDoS mitigation services. …
John Leyden, 11 Aug 2016
Man throws briefcase in the air happily on the beach. Photo by Shutterstock

HPE Software memo: We ARE several senior sales veeps lighter

The global and EMEA sales leaders of Hewlett Packard Enterprise’s software organ – the bit that is in discussions with potential buyers – have each left in the space of a week, insiders have told us. Frank Vella, vice president of worldwide sales who reports to Alan Fudge (himself the number two at HPE Software) exited on 29th …
Paul Kunert, 10 Aug 2016
Tape over mouth, image via Shutterstock

Rackspace CEO: Yes, Brexit has hit us, yes we sold our Cloud Sites biz

Rackspace execs confirmed the sale of its Cloud Sites hosting sub to Liquid Web but ignored the white elephant in the room that Apollo Global is reportedly in talks to slurp the entire organisation. The private equity house might well end up taking Rackspace private again in a deal valued at up to $4bn, buying the company time …
Paul Kunert, 09 Aug 2016
no_turnaround

Blink and you'll miss the turnaround at Systemax

If a turnaround is happening at Systemax’s European reseller ops (Misco) then someone forgot to give the accountants the right numbers. The Technology Products Group reported sales of $238.2m, down 5.6 per cent year-on-year for calendar Q2, while operating losses widened from $0.8m to $2.2m. CEO Larry Reinhold said the …
Paul Kunert, 03 Aug 2016

IBM stalks Vegas to swell newly-formed pen-test squad

Black Hat IBM has used the biggest week on the security calendar to launch and poach heads for its large security, penetration testing and red teaming unit. Big Blue's new X-Force Red unit is the culmination of nine months fermentation which began in earnest with the hiring of security veteran Charles Henderson. He's had the job of …
Darren Pauli, 03 Aug 2016
Microsoft's HoloLens Augmented Reality headset

Microsoft debuts VR management suite as it expands HoloLens sales

Microsoft has started selling its HoloLens virtual reality headsets to all of its business customers and developer partners in the United States of America and Canada. Redmond's still not offering the finished product – only a “Development Edition” is on sale for now. But at least the hardware is now being offered to anyone …
Simon Sharwood, 03 Aug 2016

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
British sterling in flames

Outsourcery burned through more than £20 MEEEELLION in cash before it crashed

Defunct cloud infrastructure and apps provider Outsourcery Plc attracted interest from 12 bidders before it was offloaded to GCI Telecom for £4m, in a pre-pack administration handled by EY. The Statement of Affairs filed at Companies House revealed the final weeks of the failed Manchester-based, AIM-listed corporation that …
Paul Kunert, 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

RM to resell Apple, Lenovo, HP, Dell to YOUR children

With revenues down and education spending stuck in the doldrums, supplier RM has hit upon a novel idea to expand - reselling low-margin kit from the vendors that helped sink its own hardware production line. The one-time system builder powered down its own manufacturing facility in Oxford in late 2013 after mounting losses, …
Paul Kunert, 01 Aug 2016

What's on a road to nowhere? Ingram's Q2 numbers

Ingram Micro outlined progress, or rather lack of it, when it reported calendar Q2 numbers last night and did little to convince financial markets - including Shanghai’s Stock Exchange - that it is a business going places fast. The world’s largest tech distributor said revenue for the three months ended 30 June were down four …
Paul Kunert, 29 Jul 2016
Businesswoman shoots arrow from cliff at balloon holding up rival... Bit silly conceptual art. Photo by Shutterstock

Sweating Springpath fails to defuse SimpliVity's patent bomb

Hyperconverged software biz Springpath has lost an attempt to have SimpliVity's patent infringement case against it thrown out. If SimpliVity wins its legal fight at trial, Springpath's Data Platform product could be banned from sale, triggering the collapse of its Cisco OEM deal. Cisco's HyperFlex product is based on …
Chris Mellor, 28 Jul 2016
The big split

Systemax flogs German sub to CANCOM

The break up of Systemax’s European operations may have just started after it brokered a “definitive agreement” to sell the Misco German subsidiary to CANCOM for an undisclosed sum. Under the terms of the deal, staff and customer lists will be transferred to the new owner. The deal is subject to closing conditions and is …
Paul Kunert, 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

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

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
mergers and acquisitions

EMC staffers: We are crashing into Dell within weeks

Staffers at EMC and its subsidiaries are to get Dell email addresses from the start of next month as the proposed mega buy edges closer, insiders have told The Register. EMC shareholders last night approved the $62.4bn bid – somewhat lower than the original $67bn offer due to a slide in VMware’s share price – and Chinese anti- …
Paul Kunert, 20 Jul 2016

Software can be considered 'goods' for purpose of commercial agent rules – High Court

Software suppliers can be forced to pay damages to self-employed intermediaries they contract with to promote their products under UK commercial agents regulations, according to a recent High Court ruling. The High Court ordered Computer Associates UK Ltd (CA) to pay The Software Incubator (TSI) £475,000 in compensation under …
OUT-LAW.COM, 19 Jul 2016
Woman at gym lifts weights with arms. Photo by Shutterstock

Softbank promises stronger ARM: Greater overseas reach and double the UK jobs

Brit-tech success poster child ARM holdings is to be acquired by Japanese telecom multinational Softbank. ARM, whose chip designs drive the majority of the world’s smartphones, is under offer for a remarkable £24.3bn - a premium of 43 per cent over current stock price. Softbank, whose last yearly revenue totalled 19.5 …
Gavin Clarke, 18 Jul 2016
Windows 10 waterdrops, photo by Anton Watman via Shutterstock

You can buy Windows 10 Enterprise E3 access for the price of a coffee

WPC 2016 Microsoft is moving into new as-a-service pricing and bundling territory with the full-fat version of Windows 10 Enterprise. Today Redmond announced it is releasing Windows 10 Enterprise E3, which would normally be reserved for big operations and sold via Microsoft's volume-purchase programs, at a price of $7 per seat per …
Gavin Clarke, 12 Jul 2016
sale_648

HPE dumps software biz into the bargain bin

HP Enterprise (HPE) has reportedly begun entertaining offers to sell its software business. A report from Bloomberg cited sources familiar in claiming that CEO Meg Whitman is looking to sell some or all of HPE's software brands, including Vertica, Autonomy, and Mercury. Talks are said to still be in the early stages with no …
Shaun Nichols, 11 Jul 2016
Kevin Turner

Farewell to Microsoft's Sun Tzu: Thanks for all the cheese, Kevin Turner

Kevin Turner’s departure as Microsoft’s chief salesman after 11 years marks the final passing of the Redmond old guard. Chief operating officer Turner - KT, as he was known - was a chief of the old-school corporate kind; sales, marketing and Microsoft’s stores all reported into Turner. His departure is part of a massive sales …
Gavin Clarke, 08 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
Lawyer up

Broker DP Data shuts up shop after HP's lawyers took a bite out of them

Grey broker DP Data Systems is facing a trademark infringement case brought by Hewlett Packard that ultimately convinced management to pull down the shutters, the business has claimed in its latest financial filing. As exclusively revealed by El Reg, the Manchester based wholesaler of HP, Cisco, IBM, Juniper and Lenovo shut up …
Paul Kunert, 30 Jun 2016
Lenovo_Think_Server_RD_Series

Lenovo HPC bounces back after IBM spinoff

When IBM sold off its System x division to Lenovo Group in the fall of 2014, some big supercomputing centers in the United States and Europe that were long-time customers of Big Blue had to stop and think about what their future systems would look like and who would supply them. It was not a foregone conclusion that the Xeon- …
sale

Intel mulls sale of Intel Security – reports

Opinion Intel is reportedly looking to offload its Intel Security arm. The IT giant is investigating options for Intel Security cyber security business, the FT reports. These options include selling off the security software business formerly known as McAfee that the chip-maker bought for $7.7bn back in August 2010. Intel is yet to …
John Leyden, 27 Jun 2016
China keyboard, image via Shutterstock

Shareholders rubber-stamp Ingram Micro $6bn sale to Chinese firm

US-headquartered Ingram Micro edged closer to Chinese ownership last night when shareholders voted overwhelmingly to accept Tianjin Tianhai’s $6bn offer. The mega bid for the world’s largest tech distributor was made in February by the Far East company, a subsidiary of HNA Logistics which is itself a division of conglomerate …
Paul Kunert, 22 Jun 2016
Business people move through revolving door. Photo via Shutterstock

Count 'em and weep: Intrinsic looking for fifth CEO in five years

The high office revolving doors at Intrinsic Technology are clearly still swinging - the company is on the hunt for its fifth CEO in five years after attempts to find a buyer ended unsuccessfully. Top dog Mark Bates has left the organisation after two years in charge and been replaced on an acting basis by non-exec chairman …
Paul Kunert, 21 Jun 2016
sale

Confirmed: Dell software sell-off

Dell has confirmed rumors that it is selling off its software division to private equity firms Francisco Partners and Elliott Management. "Francisco Partners and Elliott Management's deep passion for technology and proven track records in nurturing and building software businesses will enable Dell Software's loyal base of …
Iain Thomson, 20 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 …

Outsourcery sold after Dragon runs out of puff

Something positive was salvaged from the crash at cloud biz Outsourcery - 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions. The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in …
Paul Kunert, 17 Jun 2016

Official: Microsoft goes to pot, gives weed growers fix they need

Put this in your pipe and smoke it: Microsoft is offering pot growers software tools to help them stay on the right side of America's relaxed laws. Marijuana is legal in Microsoft's home state of Washington, as well as in Oregon, Colorado and Alaska, and is prescribed medicinally (with varying degrees of laxity) in California …
Iain Thomson, 17 Jun 2016
 Good GCSEs should cost parents a Jesus-phone

Here's what six storage suppliers will be doing for the next year or two

Analyst haus Stifel Nicolaus' MD, Aaron Rakers, has had some fireside chats with senior execs from Brocade and QLogic, Pure and Nimble, Seagate and WDC at a Stifel Nicolaus Technology, Internet & Media Conference in San Francisco. The execs gave their thoughts on HDD demand, HAMR HDD tech, NVME over fabrics, Gen 6 Fibre …
Chris Mellor, 10 Jun 2016
Bill gates by https://www.flickr.com/photos/oninnovation/ cc2.0 attribution noderivs https://creativecommons.org/licenses/by-nd/2.0/

Bill Gates cooks up poultry recipe for Africans' paltry existence

Not satisfied with trying to stamp out malaria, recycling poo water into something people can drink and subjecting world + dog to software over the years, now Bill Gates wants to solve hunger in sub-Saharan Africa. “Help me give away 100,000 chickens,” Gates said on Twitter, “If I were living in extreme poverty, I’d want to …
Paul Kunert, 09 Jun 2016

Dragons' Den-run cloud biz Outsourcery close to sale – sources

Cash-strapped AIM-listed infrastructure services biz Outsourcery – co-run by former Dragons' Den badass Piers Linney – is close to wrapping up a pre-pack administration, multiple sources have told The Register. Trading in the firm's shares was suspended on Friday after top brass postponed publication of last year's results and …
Paul Kunert, 07 Jun 2016

Cisco axes unloved M-Series modular servers two years after launch

Exclusive Cisco will kill off its M-Series modular server line, citing lack of customer interest. In an internal company memo, seen by The Register, Cisco data center/virtualization VP Frank Palumbo said stalled demand for the modular line convinced Cisco to end sales for the compact servers less than two years after their introduction …
Shaun Nichols, 03 Jun 2016
4 arrows signs in arrow on wooden wall

Anaemic hyperscale orders hurt server makers in Q1

A pause in hyper-scale deployments has triggered the first year-on-year decline in seven quarters for global server shipments and revenues. Also a “clear end to the enterprise refresh cycle” contributed to the Q1, 2016 slow down, according to IDC, the tech market watcher. In essence, Q1 2015 revenues were flattered by a major …
Drew Cullen, 02 Jun 2016

Surface Book nightmare: Microsoft won't fix 'Sleep of Death' bug

Hands-on In its most recent quarterly earnings report, Microsoft highlighted its increasingly popular Surface line as the growth leader in its More Personal Computing line of business. Surface led the category with 61 per cent growth in constant currency, a rise driven by the top products in the line, the Surface Pro 4 tablet and the …
Addison Snell, 27 May 2016
Train wreck

The screeching of Violin Memory's parting strings is horrible

Another great quarter. Not. Violin Memory made a paltry $9.7m in revenue and posted a $22m loss for its first fiscal 2017 quarter. Revenues were down 20 per cent on the year-ago quarter and 11 per cent on the previous quarter, the fourth fiscal 2016 quarter, when revenues of $10.9m and losses of $25.5m were followed by lay- …
Chris Mellor, 27 May 2016
HP CEO Meg Whitman

Whitman deletes another chapter in HP history as CSC and ES borg

Hewlett Packard Enterprise CEO Meg Whitman is dismantling another legacy bequeathed to her by a predecessor as she waves goodbye to Enterprise Services. The first lady of Palo Alto has already closed the chapter opened by one-time CEO Carly Fiorina who had signed off the buy of Compaq, only for HP's PC business to be ejected …
Paul Kunert, 26 May 2016
trolley_shopping_648

Hungry UK services slinger swallows hosting biz for £65m – sources

UK managed services slinger Pulsant has agreed to fork out £65m for data centre and hosting biz Onyx, multiple sources close to the situation have claimed. A "for sale" sign was erected outside Onyx’s Stockton-on-Tees HQ in January and the process was managed by Deloitte, as we exclusively revealed. “The deal is done,” said …
Paul Kunert, 26 May 2016
Horse_racing

VCE boss Chad Sakac bets he'll win the hyperconverged market

VCE's new VxRail hyperconverged appliance sold 146 units in its first 44 days on sale and the EMC server unit's new leader Chad Sakac says that impressive start means he's betting the outfit will become the leading hyperconverged systems vendor by the end of 2016. Nutanix is felt to be the revenue leader in the field, having …
Simon Sharwood, 20 May 2016

Cisco retires Nexus 6000 switches

Cisco will retire its Nexus 6000 switches in mid-2017. The company recently popped out a end-of-life notice for the switches, which were launched in 2013 as part of a push to encourage adoption of 40G Ethernet. These days Cisco is keener on 100G Ethernet, promising to sell you faster kit for the same price as 40G kit. With …
Simon Sharwood, 20 May 2016
Titanic sinking

Symantec: I know we said things'd get better when we sold Veritas...

Symantec is slipping back into cost-cutting mode just months after the split with storage arm Veritas was supposed to provide the healing balm the business so clearly needed. The standalone security biz wants to carve out savings of $400m via an “efficiency programme” that includes “eliminating stranded costs” from the sale of …
Paul Kunert, 13 May 2016
Woman pays for something online with her credit card. Photo by Shutterstock

Experian Audience Engine knows almost as much about you as Google

We have grown so used to credit reference giants like Experian knowing almost as much about us as Google, but unlike Google, they put this information up for sale. This is perhaps why we have forgotten that Experian could form the basis of one of the most powerful personal intelligence systems in the world. And that it is a …
Faultline, 09 May 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
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