Chicago-based "social buying" site Groupon will not, after all, be acquired
by Google for approaching $6 billion. That's because Groupon's investors and
its 30-year old Founder & CEO Andrew Mason (pictured) have reportedly ended
the "direct negotiations" between the two companies that Reuters was already
reporting on Wednesday were in full flow.
CNNMoney.com reports that there had already been "weeks of negotiations" and
the New York Times is quoting Greg Sterling, founder of Sterling Market
Intelligence, a San Francisco company that researches local markets and the
Internet, who is speculating what Google, which has a $30 billion war chest,
might need to raise its bid to in order to secure this acquisition:
“What would it take? $7 billion? $8 billion? Google’s got $30 billion,
which is a lot of cash, but when you’re approaching a third of that,
that’s asking for a l... (more)
IBM has acquired Blue Box Group, Inc., a managed private cloud provider built
on OpenStack. Customers benefit from the ability to more easily deploy
workloads across hybrid cloud environments. Financial details were not
Enterprises are seeking ways to embrace all types of cloud to address a wide
range of workloads. Today's announcement reinforces IBM's commitment to
deliver flexible cloud computing models that make it easier for customers to
move to data and applications across clouds and meets their needs across
public, private and hybrid cloud environments. With Gartner forecasting that
72 percent of enterprises will be pursuing a hybrid cloud strategy this year
, it is increasingly important for companies to leverage multiple models
while maintaining consistent management across their cloud platforms.
Through Blue Box, IBM will help businesses rapid... (more)
Beginning in late 2004 with its acquisition of PeopleSoft, Oracle initiated
an acquisition campaign that has brought over forty companies into the Oracle
fold. During that time, Oracle has made five multi-billion dollar
acquisitions – about one per year – all of which have made for big news
in the ERP software market.
But which company will be next? I would argue that there is a logical way to
analyze Oracle’s recent decisions and define a set of strategies that have
not only guided past acquisitions but may also tell us where Oracle is
headed. Below is a chart that displays the size of each acquisition Oracle
has made in the past five years as well as the layer of the technology stack
into which that acquisition would be placed.
Based on this data, I would argue that the motivations behind Oracle’s
major acquisitions are:
Grow market share leadership in key enter... (more)
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
The three days starts Monday and it's widely assumed Dell will run out the
Wall Street apparently believes that... (more)
"IBM is bringing analytics to the masses," said Steve Mills, senior vice
president and group executive, IBM Software and Systems, as it was announced
Monday that IBM is to acquire Netezza, Netezza is a leading provider of
high-performance analytics in a data warehousing appliance.
"We continue to evolve our capabilities for systems integration, bringing
together optimized hardware and software, in response to increasing demand
for technology that delivers true business value," Mills (pictured)
continued, adding: Netezza is a perfect example of this approach."
Steve Mills via satellite with Jonathan Schwartz during the opening keynote
of JavaOne. (Photo copyright: Fuat Kircaali - Ulitzer, Inc.)
Google is reportedly ready to shell out $5 billion-$6 billion – evidently
more like $6 billion – to buy two-year-old Groupon.
The All Things Digital blog says the bid works out to $5.3 billion down and
$700 million in earnouts unless negotiations fall apart.
That’s more than Google paid for any other acquisition. It only spent $3.1
billion on DoubleClick and $1.65 billion on YouTube. Naturally there’s talk
Groupon and its daily discounts would get Google, whose search practices are
now being investigated by the European Commission for antitrust violations,
into local business online advertising.
Groupon is supposed to have upwards of 12 million registered users and
revenues of around $350 million a year with a run rate that Needham & Co
analyst Mark May puts at $1 billion, double most estimates.
It’s said to be the fastest-growing company ever and it... (more)
It's ostensibly to strengthen HTCSense.com's hand in mobile cloud services
since the five-year-old company's Dashworks platform offers mobile and web
applications for setting up and personalizing smartphones and tablets, and
synchronizing content across multiple devices.
However, it's suspected HTC, currently in a multi-front wrestling match with
Apple over Android, wants Dashwire at least as much for its patents. Dashwire
bought patents off of Nathan Myhrvold's Intellectual Ventures back at the
beginning of April but only for defensive purposes.
HTC last month agreed to buy S3 Graphics for $300 million, a deal that should
bring it a reported 235 mostly graphics patents. Perversely, the
International Trade Commission recently decided that Apple's Macs, but not
its iPads or iPhones, infringe S3 patents, making it less useful to HTC.
Dashwire is backed to the tune of a... (more)
"We built SlideShare to help professionals share presentations and connect
people through content," commented Rashmi Sinha (@rashmi), CEO of SlideShare,
as LinkedIn announced Thursday its agreement to acquire SlideShare. "What we
can build with LinkedIn, the largest professional network on the Internet,"
he continued, "is the most natural extension of this vision. I am excited
about what we can build together."
A SlideShare presentation outlining the deal can - naturally - be found on
LinkedIn’s SlideShare page!
“Presentations are one of the main ways in which professionals capture and
share their experiences and knowledge, which in turn helps shape their
professional identity,” said LinkedIn CEO Jeff Weiner. “These
presentations also enable professionals to discover new connections and gain
the insights they need to become more productive and successful in their
Acquisitions in the cloud computing space have been picking up recently as
technology companies look to offer end-to-end solutions. It also shows that
for large companies, innovation through acquisition is becoming more popular
as a way to adapt to changing technology trends. Cloud acquisitions
typically fall into the Software as a Service (SaaS) and Infrastructure as a
Service (IaaS) category.
Oracle has been a voracious cloud acquirer with a number of SaaS acquisitions
like RightNow, Taleo and Vitrue. SAP has also been adding to their SaaS
portfolio with purchases of Ariba and SuccessFactors. IBM, which typically
claims that it is not in the “application” space, has been adding to its
SaaS portfolio with business analytics solutions like DemandTec and Emptoris.
SaaS solutions are a great way to open cloud markets to large technology
companies as the subscrip... (more)
Box, the cloud storage start-up getting close to going public, has acquired
Crocodoc and its HTML5 document rendering and viewing solution.
The widgetry works on PDF, Word and other files without Flash or plug-ins.
The transformed files can't be edited.
Box said Crocodoc's technology will be "deeply integrated" into its cloud
content collaboration service, replacing its existing widgetry, and still be
a standalone platform for HTML5 document viewing on third-party applications
across the web and mobile devices via its API.
Box is also going to invest in the technology and ecosystem.
The whole Crocodoc team will join Box and co-founder and CEO Ryan Damico will
be Box' platform director.
Terms were not disclosed.
"Content sits at the center of every business, and nearly every business
application," said Box CEO Aaron Levie said. "Together with Crocodoc, we're
going t... (more)
EMC has reportedly paid $200 million to snap up two-year-old Israeli start-up
and would-be competitor ScaleIO and its Elastic Converged Storage (ECS)
software, which is supposed to let data centers cut storage costs by maybe
80% or more by converging storage into compute.
The software-defined software, which is reportedly easy to scale across
thousands of servers, lets virtual SANs operate with the adaptability of
Evidently ECS can string together the hard disks on a flotilla of commodity
application servers to create a single high-performance shared virtual
storage array network (SAN) that offers the scalability and elasticity of
It resembles Amazon Web Services' block storage.
ZDnet says it also "elastically aggregates free capacity across a network,
with the software managing disks, RAM and network resources to use the free