Mergers and Acquisitions in the technology industry

M&A News in Technology

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IBM is buying Unica Corporation for ~$480 million for its advertising and marketing software. It's paying better than double what the stock was selling for. The deal should close before the end of the year. Unica is supposed to automatically predict customer preferences around which ad campaigns are built and measured. Unica, which has maybe 1,500 customers, and its 500 people will become part of Blue's analytics unit. IBM means to use it especially in developing countries. ... (more)

Intel Acquires Leading Client Virtualization Vendor Neocleus - Or Does It?

Intel has reportedly acquired the market leader in client virtualization, Neocleus. Known for its NeoSphere product. Neocleus is well known for its implementation of industry-leading virtualization technologies, coupled with centralized control and management that integrate with existing PC lifecycle management tools. NeoSphere has long offered organizations a way to address their client computing demands. At this writing however a question-mark hangs over the acquisition. The blog entry in which it was announced has disappeared from the Web! Here is what is returned today, Friday September 3 when anyone currently hits the URL of this blog posting at The Neocleus Blog: Yet Thursday September 2 the entry was available to all via Google News: As can be seen from the above Google search, the original blog post was apparently authored by Neocleus's VP of Product Management, ... (more)

IBM Buys Netezza

IBM said Monday morning that it's buying Netezza, the data warehouse appliance company that competes with Oracle's vaunted Exadata widgetry, for roughly $1.78 billion net of Netezza's bank book. IBM timed the announcement to coincide with Oracle's OpenWorld festivities which are just getting off the ground. It said it would pay $27 a share cash, close to a 10% premium, modest compared to the recent HP-3PAR deal. Wall Street evidently thinks IBM's bid may be challenged like Dell's was for 3PAR because the punters, probably thinking of Oracle, immediately bid Netezza's stock up over $27 on the news. IBM, on the other hand, expects the acquisition to close in Q4. Oracle has been lording Exadata over IBM in ads on the front page of the Wall Street Journal claiming "Sun runs Oracle twice as fast as IBM's fastest computer" and putting up $10 million for anyone - including I... (more)

Kovarus Joined Vblock to Transition into Cloud Computing

"We were founded on the principle of architecting and integrating virtualization, storage, and networking solutions," said Peter Castaldi, Principal and Co-Founder of Kovarus. "VCE validates our mission to provide comprehensive cloud computing solutions to our customers, and we're excited to promote our vision of a unified and virtualized data center through Vblock and other VCE solutions to come." Kovarus, a technology consulting firm specializing in data center design, implementation, and optimization, on Monday announced it has joined the Vblock partner ecosystem, a community of partners that are qualified to augment, resell, and deliver VCE's Vblock Infrastructure Platform. These packages are an element of VCE, the Virtual Computing Environment, formed by Cisco and EMC with investments from VMware and Intel. Now Kovarus can help customers accelerate their adopt... (more)

Time Warner Cable Buys into the Cloud

Time Warner Cable is buying NaviSite for $5.50 a share, which works out to $230 million cash, a 33% premium. NaviSite is a roughly $125 million-a-year web hosting and collocation outfit that in the fashion of the times now has a managed cloud platform. The move is reminiscent of Verizon buying Terremark last week for $1.4 billion. It obviously paid for NaviSite to hold out. Last July it got a $3.05-a-share offer from Atlantic Investors, a New York outfit that already owned a third of it.aaaa The deal brings Time Warner 10 data centers in the US and UK and roughly 1,200 customers including clients in financial services, healthcare, industrial manufacturing and government agencies. Two of NaviSite’s data centers are SAS 70 Type II-certified and it’s also got network operations centers in Gurgaon, India and Andover, Massachusetts, where it’s headquartered. On the m... (more)

Cloud Computing: Rackspace Acquires Anso Labs

"This acquisition marks a significant step forward in our investment in the success of OpenStack," wrote OpenStack's GM Jim Curry Wednesday as he confirmed that Rackspace has acquired Anso Labs, best known for its work with NASA to help build their Nebula cloud platform, the code behind which NASA contributed to the open source community as the basis for OpenStack Compute last summer. "We believe OpenStack is the right cloud operating system for the industry, and we are committed to the continued evolution of this open platform and to powering our own cloud with OpenStack for many years to come," Curry added. Since Anso Labs is a participant in the OpenStack project and has already contributed substantially to its success, it further underlines how strongly Rackspace believes the world needs a truly open cloud platform and is committed to helping build it. Curry wa... (more)

Dell Tops HP's Bid for 3PAR – Just Barely

If nothing else, HP Thursday morning made Dell's proposed acquisition of 3PAR more expensive. That was when Dell sweetened HP's unexpected $24-a-share bid on Monday for the virtualized storage house by 30 cents to $1.53 billion, up from the $1.15 billion that 3PAR accepted from Dell last week. HP now has to decide whether to raise again, a move that would presumably be conditioned on getting any advance to stick. See, Dell's got perpetual matching rights. Anyway, Dell says 3PAR has accepted its amended offer and that if the obscure little company walks away this time it's going to cost its suitor $72 million, up from the $53.5 million termination fee in their original agreement. HP and Dell are chasing the unprofitable $200 million-a-year 3PAR for its cloud potential. Wall Street evidently expects HP to counter because at $26 and change 3PAR's stock price remain... (more)

3PAR Prefers HP – For the Moment

Late Friday night when sensible people on the East Coast were either in bed or in their cups, 3PAR's board sent out a message saying it had decided that HP's offer Friday of $30 a share was "superior" to the $27 bid 3PAR had accepted from Dell early Friday morning. It said that it had notified Dell that it intends to terminate their merger agreement in three business days. That's 3PAR's way of telling Dell, which has the right to match HP's 30 bucks and take precedence, to put up or shut up. Dell Saturday repeated that it was thinking and would "make our intent known at an appropriate time." It said after HP went to $2 billion Friday, besting its $1.8 billion early morning bid, that it was assessing what was best for its "investors and customers." The three days starts Monday and it's widely assumed Dell will run out the clock. Wall Street apparently believes that... (more)

New Owner of Novell Might Be Cloud Expo Sponsor VMware

Who is buying Novell? The Wall Street Journal is reporting that VMware is in talks to acquire Novell's Linux software unit. Novell, adds the Journal, is in "advanced talks with at least two buyers." VMware's primary interest would be in purchasing Novell's SUSE Linux operating system business, experts agree. What experts don't agree on is whether or not SUSE Linux would be in the best hands, were VMware to be its new custodian. Self-declared "Cyber Cynic" Steve Vaughan-Nichols, for example, notes the irony that the CEO of VMware is none other than an ex-Microsoftie, Paul Maritz (pictured). So is the fox about to be put in charge of the hen-house? Gartner VP Chris Wolf says "I think acquiring a mainstream Linux distro makes sense for VMware" and notes: "If VMware acquires Novell SUSE Linux, it will have a vertical offering much like Microsoft, Oracle, and Red Hat. Lar... (more)

Novell Sale May Fall Through: Reuters

It’s unlikely that anybody in the industry needs three anonymous Reuters sources to tell them that NetWare has been the donkey on the bridge holding up the sale of Novell for lo the six months the company’s been in play. Everybody has known for years and years that that thing has been an albatross around Novell’s neck. Heck, if Novell had been able to solve its NetWare problem it wouldn’t have bought SUSE Linux. Anyway, Reuters says that Novell can’t get whatever ridiculous price it’s demanding for the little bloodsucker and that if it can’t unload the thing at its valuation it may abort the sale of SUSE and stay independent, or IPO a division, or something. It doesn’t want to sell off SUSE to VMware or CA or whoever else has come a calling and be left there with NetWare in its hand. Reuters identified Los Angeles-based Platinum Equity as having tired of the “onerous... (more)

TIBCO Buys OpenSpirit

TIBCO has brought OpenSpirit Corporation, which sells data and application integration solutions to the oil and gas industry, on undisclosed terms. Its widgetry gathers data from multiple sources to help spot likely deposits. The privately held Texas concern has 200 clients in 57 countries. TIBCO made the announcement when it posted better-than-expected fiscal Q3 results with revenues and license both up 23%. It projected a better-than-expected Q4 attributed to clients doing real-time analyses, with retailers, say, making cross-sell and up-sell offers while the customer is in the store or on the web site. It is seen by some as acquisition fodder. ... (more)