Mergers and Acquisitions

  • AWS Bolsters High Performance Computing Offering With NICE Acquisition

    AWS Bolsters High Performance Computing Offering With NICE Acquisition

    AWS attempted to enhance its high performance computing offering today when it purchased NICE, an Italian software and services company for an undisclosed price. NICE provides a set of tools and technologies that were attractive to AWS, and brings with it an international clientele, which should help AWS expand its market with a set of customers who have high-end compute… Read More

  • IBM Confirms Acquisition Of UStream, Forms New Cloud Video Unit

    IBM Confirms Acquisition Of UStream, Forms New Cloud Video Unit

    IBM confirmed that it has acquired video conferencing service UStream this morning. With several cloud video acquisitions in tow, the company also announced it was forming a new cloud video services unit. Fortune first reported the UStream purchase and reports peg the purchase price at $130 million. IBM would not confirm that amount. The new unit will be comprised of four acquisitions… Read More

  • IBM Scoops Up IRIS Analytics Fraud Detection Firm

    IBM Scoops Up IRIS Analytics Fraud Detection Firm

    Anyone who has a credit card has probably experienced some sort of fraud over the last few years. I personally have had it happen several times and I am by no means unique. Today IBM purchased IRIS Analytics, a firm that helps banks detect fraudulent use of credit cards using machine intelligence. The company has been considering a product like this for some time, Bob Griffin, general manager… Read More

  • If At First Your Acqui-Hire Sucks, Try Again Crunch Network

    If At First Your Acqui-Hire Sucks, Try Again

    It took back-to-back acqui-hires for me to learn there’s a right way and a wrong way to do them. We had made it. Despite running low on money and having little traction, my company was acqui-hired by Yahoo in October of 2013. I was thrilled to have a large salary at a well-respected company. Seventeen months later, I was laid off. Read More

  • Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC

    Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC

    Ah, nothing goes easy with that $67 billion Dell-EMC deal, does it? Today the plot thickened a bit more when VMware announced in a filing with the SEC that it was walking away from the agreement with EMC to form Virtustream as a jointly owned company. Re/code first reported this news. This whole deal has from the start been a fairly complex tale, and like the movie Groundhog Day, one we… Read More

  • Dell Could Be Shopping Some Assets To Help Relieve EMC Deal Debt Load

    Dell Could Be Shopping Some Assets To Help Relieve EMC Deal Debt Load

    Since Dell announced its intention to buy EMC for $67 billion in October, there has been a lot of speculation about how the company was going to pay off the massive $40 billion debt it used to finance the deal. I wrote about some of the EMC assets Dell might consider selling to help offset the huge obligation. Other rumors have had the company selling off its PC business to HP, but it turns… Read More

  • The True Impact Of The Snapchat Writedown For Entrepreneurs Crunch Network

    The True Impact Of The Snapchat Writedown For Entrepreneurs

    Writing down unicorns benefits everyone. Read More

  • Dell-EMC Deal Facing Issues On Multiple Fronts

    Dell-EMC Deal Facing Issues On Multiple Fronts

    When the news broke in early October that Dell was planning on buying EMC for a whopping $67 billion, more than a few jaws dropped (including mine), but in the weeks since, reports have surfaced about multiple problems from tax issues to VMware’s plunging stock price and the post-deal creation of Virtustream. It’s too soon to say the deal is in jeopardy, but there are enough… Read More

  • Where Are All The Enterprise Tech Buyers? Crunch Network

    Where Are All The Enterprise Tech Buyers?

    Enormous tech M&A deals have been announced recently: EMC/Dell, WDC/SanDisk, Lam-Research/KLC-Tencor. These follow a very busy year of large tech M&A, with Avago/Broadcom, Nokia/Alcatel-Lucent and Intel/Altera. This year is shaping up to be a record one for M&A activity across all industries. However, with the large number of multi-billion dollar mergers, there is a nagging… Read More

  • Docker Fills Big Hole With Tutum Acquisition

    Docker Fills Big Hole With Tutum Acquisition

    Docker announced today that it was purchasing Tutum, a cloud service focused on deploying and managing Docker containers in any environment, whether the cloud or on-premises. The company did not disclose the purchase price. Docker has always emphasized building, shipping and running containers — those discrete programming building blocks sometimes called micro-services. With… Read More

  • Dell Buys EMC For $67B In Largest Deal In Tech History

    Dell Buys EMC For $67B In Largest Deal In Tech History

    In  the largest tech deal in history by far*, Dell and partners MSD Partners and Silver Lake agreed to buy EMC today for $67 billion or $33.15 a share. This is way over the $27 price being rumored last week, and makes the deal far larger than the $37 billion that Avago paid for Broadcom just last May. What makes this deal even more interesting is that Dell, with a valuation of around… Read More

  • IBM Acquires Cleversafe To Accelerate Hybrid Cloud Storage Strategy

    IBM Acquires Cleversafe To Accelerate Hybrid Cloud Storage Strategy

    This morning IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to shore up IBM’s hybrid cloud storage chops. Terms of the deal were not available. Cleversafe was founded in 2004, and was well ahead of its time when it came to anticipating the big data revolution. According to its website, the company foresaw the coming data… Read More

  • Accenture Acquires Cloud Sherpas To Enhance Cloud Consulting Chops, Especially Around Salesforce.com

    Accenture Acquires Cloud Sherpas To Enhance Cloud Consulting Chops, Especially Around Salesforce.com

    Accenture, the worldwide consulting company, announced today it was buying Cloud Sherpas, a firm that specializes in helping companies incorporate cloud services like Salesforce.com, Google and ServiceNow into the enterprise. Accenture did not disclose the purchase price. It’s not a coincidence that this announcement came as Dreamforce, the enormous Salesforce.com customer conference… Read More

  • BlackBerry Goes Shopping Again, Buys Good Technology

    BlackBerry Goes Shopping Again, Buys Good Technology

    BlackBerry pulled a surprise move this morning when it announced that it’s purchasing mobile device management vendor Good Technology for $425 million in cash. It signals that BlackBerry, which has lost most of its worldwide handset marketshare, is shifting its focus by expanding its mobile enterprise security platform. In a way, this shift makes sense, as BlackBerry has always been… Read More

  • Two Lies And A Truth About “The Bubble” Crunch Network

    Two Lies And A Truth About “The Bubble”

    There has been a lot of discussion about startup valuation over the past few months. Luminaries across the industry have chimed in, suggesting we’re returning to a time of irrational investment valuations hearkening back to the bubble of the late 90s. My colleagues and I at Sapphire Ventures are seeing the rise in private market valuations firsthand. The stage at which we invest, the… Read More

  • Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks, the big data company built on Hadoop, bought early-stage startup Onyara today. The company, which launched at the end of last year, has its roots in the NSA — yes that NSA. The Onyara engineers worked at the NSA for 8 years helping to develop a technology that would later be known as Apache NiFi. The NSA released the technology to the open source community last year as… Read More

  • Symantec Sells Veritas Division To Private Equity Group For $8B

    Symantec Sells Veritas Division To Private Equity Group For $8B

    Symantec announced today that it had sold its Veritas division to The Carlyle Group, a Washington, DC-based private equity firm for $8 billion in cash. The move comes after Symantec, mostly known as a computer security company, announced it was splitting into two separate publicly traded companies last fall. The first was going to be Symantec, which as you might expect focused on security… Read More

  • Cisco To Buy Cloud Security Company OpenDNS for $635M In Cash

    Cisco To Buy Cloud Security Company OpenDNS for $635M In Cash

    Cisco announced its intent to buy cloud security company OpenDNS for $635 million this morning. It’s probably not a coincidence that Cisco was one of its investors in a $35 million round in May, 2014. The $635 million will be paid in cash and assumed equity awards, plus retention based incentives for OpenDNS, according to information supplied by Cisco. OpenDNS gives Cisco, a network… Read More

  • Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

    Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

    This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in the works for months, but perhaps the… Read More

  • EMC Continues Shift To Cloud With $1.2B Virtustream Purchase

    EMC Continues Shift To Cloud With $1.2B Virtustream Purchase

    EMC announced this morning that it had purchased Virtustream, a cloud management firm, for $1.2 billion. The company has indicated it will incorporate Virtustream as the company’s newly formed cloud managed services business. Virtustream, which launched in 2008 has raised of $129 million since its inception. A billion dollar exit on that kind of raise is not too shabby, and it gives… Read More

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