Category: Acquisition
VMware acquires EMC’s Mozy
VMware is expanding its presence in the cloud computing market with the acquisition of EMC’s Mozy cloud-based data protection service. The deal was announced Monday by VMWare’s CTO Steve Herrod. According to a blog by Herrod, “VMware will operate the Mozy service on behalf of EMC without interruption”. No financial figures were mentioned for the [...]
Texas Instruments to buy National Semiconductor for $6.5billion
Texas Instruments announced Monday that it would buy longtime rival national Semiconductor for $6.5billion in cash. The deal, which is expected to close in six to nine months, sees Texas Instruments paying a substantial 78% premium at $25 a share to acquire National’s portfolio of 12,000 products. The addition will result in a joint portfolio [...]
Salesforce buys Radian6 for $340 million
Salesforce.com has announced its fourth acquisition in as many months, with the purchase of Canadian startup Radian6 for $340 million in cash and stock. The deal, according to Wednesday’s announcement, will be concluded by July 31 2011 with the payment of about $276 million in cash and $50 million in stock for the company. The [...]
Cisco to bolster cloud offerings through acquisition of newScale
Cisco plans to build its cloud services capabilities by its acquisition of newScale, a cloud portal software developer with about 2 million users worldwide. NewScale is a privately held company that develops software which enables businesses to more efficiently provision resources across their IT environments. Through its service catalog and self-service portal, newScale enables IT [...]
CSC To Offer New ‘Cloud-In-A-Box’
SAN FRANCISCO (Dow Jones)–Computer Sciences Corp. (CSC) wants to grow its small cloud-computing business by building cloud systems at its customers’ offices. On Feb. 2, the Falls Church, Va.-based IT consultancy plans to unveil BizCloud, cloud-computing hardware and software it will assemble in about 10 weeks at a client’s facility. Like data-center-based cloud services, BizCloud [...]
CSC To Offer New 'Cloud-In-A-Box'
SAN FRANCISCO (Dow Jones)–Computer Sciences Corp. (CSC) wants to grow its small cloud-computing business by building cloud systems at its customers’ offices. On Feb. 2, the Falls Church, Va.-based IT consultancy plans to unveil BizCloud, cloud-computing hardware and software it will assemble in about 10 weeks at a client’s facility. Like data-center-based cloud services, BizCloud [...]
Verizon to buy Terremark for $1.4 billion
Verizon is set to buy Terremark, an information technology services company, for $1.4 billion, part of an effort from the wireless carrier to boost its cloud-computing abilities. The purchase offer of $19 a share in cash is a 35% premium over Terremark’s Thursday closing stock price of $14.05 a share. In a filing submitted to the Securities [...]
Speculation is rampant that Microsoft Server Chief was fired over Cloud Strategy
This is getting interesting to watch. The latest speculation about Microsoft and Azure… Microsoft CEO Steve Ballmer may have dismissed Bob Muglia from his role as head of the company’s $15 billion Server and Tools Business unit because he felt Muglia was not the right individual to lead Redmond into the cloud computing age, according [...]
SAP Moves Emissions Reporting to the Cloud
SAP has begun the first of what is anticipated to become an ever-growing migration of reporting mechanisms to a cloud platform. With its newly launched version 5.0 of SAP Carbon Impact OnDemand, which reports carbon emissions, the software company is positioning the product at a lower cost and at various scales. SAP is using Amazon’s [...]
IBM acquires Blade Network Technologies, gains cloud advantage
IBM is acquiring Blade Network Technologies, a developer of data center switching technology, in a move the company said will help it optimize IBM servers for cloud computing, business intelligence and other workload-intensive tasks. IBM did not disclose the financial terms of the acquisition, which it expects to complete by the end of the calendar [...]
Dell Acquires 3PAR For $1.15 Billion
Moving deeper into IT services and cloud computing, Dell Inc. said Monday that it plans to buy 3PAR Inc., a high end data storage company, for $1.15 billion. Best known for sales of PCs to enterprises and consumers, Dell has been muscling its way into IT services since it acquired Perot Systems for $3.9 billion [...]
cloud computing firms in M&A spotlight
Cloud computing, or software as a service, allows businesses to cut back on hardware and space by having their software hosted in remote datacenters they access over the Web. Deep-pocketed technology firms like IBM (IBM.N) or Oracle Corp (ORCL.O) might be looking to snag deals in this area to complement their own traditional, mostly on-premise [...]
cloud computing firms in M&A spotlight
Cloud computing, or software as a service, allows businesses to cut back on hardware and space by having their software hosted in remote datacenters they access over the Web. Deep-pocketed technology firms like IBM (IBM.N) or Oracle Corp (ORCL.O) might be looking to snag deals in this area to complement their own traditional, mostly on-premise [...]
Cisco buys CoreOptics
Cisco plans to acquire privately held CoreOptics, a maker of optical networking technology designed to help carriers handle an expected surge in IP traffic driven partly by the adoption of cloud computing. CoreOptics’ digital signal processing technology is intended to help service providers scale their IP networks while keeping costs down by making transmission more [...]
CDC purchases TradeBeam
CDC Software Corp. became the latest software maker to open its wallet for a pure software-as-a-service (SaaS) play, shelling out an undisclosed sum to acquire TradeBeam, a privately held developer of on-demand supply chain visibility and trade management applications. Atlanta-based CDC (NASDAQ: CDCS) said the deal is just part of the company’s strategic evolution away [...]
Salesforce acquires Jisaw
Cloud-based CRM SalesForce.com has made a $3 billion entry into the crowd-sourced and cloud-based data services industry with an agreement to acquire Jigsaw. What that means is that data in Jigsaw is going to be available to all SalesForce users. “Salesforce.com is excited to bring the data services industry into the era of Cloud 2,” [...]
