How cloud computing, big data and new devices are changing work

  • Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash

    Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia. U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet credit-card sales, representing a 54… Read More

  • Private Investment Firm Buys Phoenix Technologies For $139 Million

    Marlin Equity Partners, a Los Angeles-based private investment firm with over $1 billion of capital under management, has agreed to acquire all outstanding shares of core systems software company Phoenix Technologies common stock for $3.85 per share in cash, or approximately $139 million in total consideration. The purchase price represents a premium of approximately 27% over… Read More

  • Marin Software Integrates Facebook Ads Into Paid Search Management Platform

    Marin Software, a startup that creates search engine management software for advertisers and agencies, is now offering advanced applications for advertising on Facebook. Marin’s Search Marketer platform now offers advertisers and agencies the ability to manage Facebook Ads alongside paid search programs on Google, Yahoo!, and Bing. Advanced solutions for Facebook include algorithmic… Read More

  • Intel To Acquire Cable Modem Unit From Texas Instruments

    Intel has just announced that it will acquire Texas Instruments’ cable modem product line. Terms of the deal, which is expected to close in the fourth quarter of 2010, were not disclosed. Unsurprisingly, Intel says the acquisition will help further its foray into providing chips to the cable and consumer electronics industries. Intel wants to be able to provide products that provide… Read More

  • Dell To Buy Data Storage And Management Company 3PAR For $1.13 Billion

    Dell has agreed to acquire 3PAR, a competitor to the likes of IBM, HP, EMC and Hitachi in the data storage and management space. The transaction is valued at $18 per share in cash – marking a 86.5% premium to company’s Friday closing price of $9.65 – or approximately $1.13 billion. Read More

  • Startups Or Behemoths: Which Are We Going To Bet On?

    Startups Or Behemoths: Which Are We Going To Bet On?

    I knew I would be touching a raw nerve with my last two posts, on patents. But I was really surprised at the divergence of opinion. Entrepreneurs overwhelmingly supported my stance that software patents hamper innovation and need to be abolished, but friends in Microsoft, IBM, and Google were outraged at my recommendation. The big companies’ executives argued that abolishing patents… Read More

  • IBM Buys Marketing Software Company Unica For $480 Million

    Only days after buying DataCap, Big Blue has made another purchase. IBM is acquiring marketing software giant Unica approximately $480 million, or approximately $21 per share. The deal is expected to close in the fourth quarter of 2010. Unica, a publicly held company that traded on the Nasdaq exchange, develops an enterprise marketing management software that helps companies to manage web… Read More

  • IBM Acquires Data And Document Capture Software Company Datacap

    IBM has acquired Datacap, a company that provides a data and document capturing and processing software. Terms of the deal were not disclosed. Datacap software automates image and data entry from a variety of documents and forms, including medical claims, tax returns and highly variable documents such as invoices and shipping documents for more precise business outcomes. Datacap extracts… Read More

  • Box.net Updates iPhone And iPad Apps With Offline Access, Android App On The Way

    Cloud-based storage and sharing application Box.net has focused on offering its content management system wherever the workforce is, whether that be in the office, or on a mobile device. The startup offers iPhone and iPad apps, that allow users to access, share and collaborate on the go. Today, Box is upgrading its iPhone and iPad apps with the ability to access content even without a Wifi… Read More

  • Why We Need To Abolish Software Patents

    Why We Need To Abolish Software Patents

    During my tech days, I co-authored four software patents. Each cost my startup about $15,000—which seemed like a fortune in those days. I didn’t really expect these to give me any advantage; after all if my competitors had half a brain, they would simply learn all they could from my patent filing and do things better. But I needed to raise financing, and VCs wouldn’t give me… Read More

  • Microsoft And Salesforce Agree To Agree On Patents (For A Fee)

    It’s no secret that Microsoft and Salesforce just plain don’t like each other (remember when Microsoft communications head Frank Shaw basically said that Salesforce CEO Marc Benioff is obsessed with them?). In fact, the two companies have spent the last year suing one another over patents. But today they’re announcing that they’ve settled the suit. But Microsoft… Read More

  • Imaginatik Updates Idea Management Software With Activity Monitor And More

    Imaginatik, the developer of an idea management software for enterprises, has released a new version of its offering, Called Idea Central, the software aims to provide a collaborative environment to share, evaluate and curate ideas within an organization. Idea Central has added an activity monitor to give users a realtime visibility into activity within a network, and event analytics, which… Read More

  • Adobe Buys Swiss Company Day Software For $240 Million

    Adobe is strengthening its product portfolio with its intention to acquire Swiss firm Day Software, which makes Web content management systems aimed at marketers. Adobe announced an all-cash tender offer for Day’s shares. The purchase price is approximately $240 million. Many of Adobe’s products, such as Illustrator and Photoshop, are used already to create marketing materials… Read More

  • Data Management Virtualization Startup Actifio Raises $8 Million

    Actifio, a company that specializes in data management virtualization solutions, this morning announced that it has raised $8 million in Series A funding in a round led by North Bridge Venture Partners and Greylock Partners. With the funds, Actifio intends to ramp up sales and marketing efforts. Read More

  • Mobile Technology Company Movitas Raises $3M, Goes After The Travel Industry

    Mobile communication, marketing and commerce platform vendor Movitas has raised $3 million in a new round of financing from a group of private investors, the company announced earlier this morning, self-reportedly thanks to its success with hotels, holiday resorts and the likes. Movitas says it will use the additional capital to enhance its mobile platform to generate new revenue streams for… Read More

  • Skydera Launches Cloud Management Platform (100 Invites)

    As more enterprises and SMBs flock to the cloud, the need for cost-effective management platforms have increased. Cloud management startup Skydera is launching today as a centralized platform to manage multiple cloud environments. Incubated in the Founder Institute, Skydera is a platform to manage servers, deploy applications, control user access, track usage and centralize billing. The first… Read More

  • Cloud Wars: HP Poaches Salesforce Executive Mark Angelino

    Mark Angelino, formerly vice president at IBM and President at Sprint, was responsible for the adoption of Salesforce’s sales, call center and platform services in North America from May 2009 until last month. As you can tell from the screenshot above, he left Salesforce.com in June to become Senior Vice President at another company, but he played coy and marked his new employer’s… Read More

  • PiCloud Launches Serverless Computing Platform To The Public

    Startup PiCloud is launching its platform to the public that allows for batch processing, high performance computing and scientific computing applications. PiCloud, which was incubated at Lightspeed Ventures, claims to “obviates servers,” and enables developers, scientists and engineers to set up applications on the cloud easily. The PiCloud platform aims to simplify cloud… Read More

  • Data Center Automation Startup Puppet Labs Raises $5 Million More

    Data center automation company Puppet Labs this morning announced that it has raised $5 million in funding, bringing the total amount of capital invested in the fledging startup to $7 million. Kleiner Perkins Caufield & Byers led the Series B round, while existing investors True Ventures and Radar Partners – which participated in the Series A round back in June 2009 – also… Read More

  • Joyent Acquires Private Cloud Management Startup Layerboom Systems

    Cloud infrastructure company Joyent has acquired Vancouver-based Layerboom Systems, a startup that provides a software to hosting companies that allows them to build and sell virtual private server clouds. Terms of the deal were not disclosed. According to a release, the acquisition will allow Joyent to offer expanded cloud infrastructure services to customers by adding new virtualization… Read More