"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
"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)
If nothing else, HP Thursday morning made Dell's proposed acquisition of 3PAR
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
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
HP and Dell are chasing the unprofitable $200 million-a-year 3PAR for its
Wall Street evidently expects HP to counter because at $26 and change 3PAR's
stock price remain... (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)
Between 1991 and 1994 I worked for the French company Rhône-Poulenc in its
U.S. headquarters in Cranbury, New Jersey. Rhône-Poulenc is the biggest
French company in the world and is owned by the French government.
During those three years I designed, coded and delivered a state-of-the-art
salesforce automation system for the company, with a support team of five. We
spent roughly $2 million on hardware but the company saved an estimated $11
million in outside consulting fees. The best bid for the job would take
roughly five years to complete and would have been inferior to what we
developed. And it probably would never have made it out in five years anyway.
With a five-year project, requirements change, and if the requirements remain
the same then the people change. So a consulting company awarded such a
contract gets paid but doesn't necessarily need to deliver the g... (more)
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
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.
"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.)
"Both Terracotta and Software AG are committed to further investment in our
technologies and preserving the vibrant open source communities of Ehcache
and Quartz," said Amit Pandey, CEO of Terracotta, as it was announced today
in San Francisco, USA & Darmstadt, Germany, that Software AG has entered into
a definitive agreement to acquire Terracotta Inc.
"The combination of Software AG and Terracotta will provide enormous value to
customers of both companies through a comprehensive software stack that
supports the level of performance and scale required in private and public
cloud infrastructures," added Pandey.
The acquisition, explained Software AG in an announcement, will allow it to
provide innovative cloud solutions and dramatically increase the performance
and scalability of its Business Process Excellence platform. The announcement
"Terracotta’s pro... (more)
EMC Corporation on Tuesday announced it has entered into a definitive
agreement to acquire privately held Virtustream. When the transaction closes,
Virtustream will form EMC's new managed cloud services business. The
acquisition represents a transformational element of EMC's strategy to help
customers move all applications to cloud-based IT environments. With the
addition of Virtustream, EMC completes the industry's most comprehensive
hybrid cloud portfolio to support all applications, all workloads and all
Virtustream CEO Rodney Rogers will report to Joe Tucci, EMC Chairman and CEO.
"Virtustream is an exceptional company and this is a critical and
transformative acquisition for EMC in one of the industry's fastest-growing
and most important sectors," said Joe Tucci. "With Virtustream in place, EMC
will be uniquely positioned as a single source for our... (more)
As Dell and HP slug it out to capture 3PAR, Cisco may be adopting a quieter
acquisition style and attempting - according to TechCrunch anyway - to
acquire Skype. Citing someone he refers to only as "one of our more reliable
sources," the Silicon Valley-based site's senior editor Michael
Arrington claims Cisco has already made an offer before Skype has time to
complete its recently announced IPO.
It is five years now since eBay famously acquired Skype for $1.9 billion.
Such an acquisition by Cisco, if it were confirmed, would mark a new scale
for the current round of M&A activity, which has seen Intel acquiring McAfee,
HP acquiring Palm and 3Com, EMC acquiring Data Domain, and so on.
Not to mention Oracle's acquisition of Sun, or Dell's of Perot Systems.
Speculation is rife that Google and Microsoft are both now in search of a
major quarry. And certainly IBM is hoovering u... (more)
"Larry Ellison is borderline bat-shit crazy on a good day," the analyst Rob
Enderle is quoted as saying in a piece last week by Sam Gustin - a senior
writer at DailyFinance, an AOL Finance & Money site.
Enderle was prompted to utter this remark by speculation that perhaps the
Oracle CEO is about to embark upon the acquisition of his life: of HP.
"I think his bet is that he can damage HP enough that it drops in value and
he can wander in with an offer," Enderle is quoted as having added.
So is it possible that Ellison the Conqueror, CEO of Oracle Corporation since
he founded the company in 1977, truly has the $90BN HP in the crosshairs of
his acquisition rifle-sight? Can a $120BN company somehow buy and absorb a
Well certainly he now has on board the exact right man to tackle the
integration of such a purchase: none other than HP's own former CEO, Mark
Hurd. A... (more)
IBM and HP are competing for the hand of Israeli-based smart networking
developer Radware whose acquisition will go down for close to a billion
dollars according to Globes, the Israeli business paper whose inevitably
unnamed and chatty sources are usually on the money.
Both IBM and HP are partners of the 14-year-old public company.
Globes expects Radware to get knocked down for $45 a share working out to a
total of $945 million, a 60% premium.
Oddly enough IBM CEO Sam Palmisano Tuesday publicly scoffed at the premiums
HP has been paying lately for 3PAR and now ArcSight claiming that it’s only
because its internal innovation impulses have been starved by its
penny-pinching ousted CEO whereas IBM’s own R&D budget is fat and sassy.
Globes quotes Oppenheimer as speculating the other day that Radware could get
bought for its IP when it raised its price target to 30 bucks.