Acquisitions
IBM Snaps Up Storage Provider Diligent Technologies
IBM today announced it has acquired Diligent Technologies, a privately held storage “de-duplication” technology company headquartered in Framingham, Massachusetts with research and development located in Tel Aviv, Israel. Diligent’s technologies and employees will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms were not disclosed, but rumors put it in the $200 million price range.
18Apr2008 | Robin Wauters | 2 comments | ContinuedPhoenix Buys TouchStone
Phoenix Technologies recently announced that it has signed a definitive agreement to acquire TouchStone Software Corporation, a company specialized in computer diagnostics and development of PC update technology. Under the terms of the agreement, TouchStone shareholders will receive $1.48 in cash for each share of TouchStone common stock, representing a 29% premium over the closing price of TouchStone’s stock on April 9, 2008.
14Apr2008 | Robin Wauters | 0 comments | ContinuedSymantec Agrees To Acquire Virtualization Streaming Company AppStream
At the Symantec ManageFusion 2008 event in Las Vegas, Symantec announced during the keynote session that they have agreed to acquire AppStream, the streaming company that has been working with Altiris and Symantec for the past two years giving Altiris a boost to their SVS Pro product by leveraging AppStream’s streaming technology.
10Apr2008 | Robin Wauters | 0 comments | ContinuedCisco To Acquire Remaining Interest In Nuova Systems
Cisco today announced its intent to purchase the remaining 20 % interest in San Jose-based Nuova Systems, a start up focused on the development of next-generation products for the data center market. Cisco today also introduced the Cisco Nexus 5000 Series, the first product developed by Nuova.
9Apr2008 | Robin Wauters | 0 comments | ContinuedSun Microsystems To Acquire Parallels For $ 205 Million (Updated)
Sun Microsystems has today announced it has reached an agreement to acquire Parallels (formerly SWsoft) and all of its assets for $ 85 million. The major acquisition had been rumoured to be imminent throughout the course of 2007, but never actually went through, which led mosts analysts to believe the Herndon, VA-based company was heading towards an IPO following in VMware’s footsteps.
1Apr2008 | Robin Wauters | 22 comments | ContinuedKeep It Quiet, But Parallels Acquired ModernGigabyte
The Register sure has some pretty observant readers. Apparently one of them noticed an early preview of a deal which has been forged two months ago but was only to be announced tomorrow: Parallels acquired ModernGigabyte, the makers of billing software ModernBill and other automation solutions for the hosting provider market.
26Mar2008 | Robin Wauters | 1 comment | ContinuedMicrosoft Acquires Desktop Virtualization Software Maker Kidaro
Microsoft announced on Wednesday that it has acquired Kidaro, a young company that helps businesses manage their collection of virtual machines. The financial details involved in the acquisition of the startup, which counts 35 employees, remained undisclosed.
12Mar2008 | Robin Wauters | 0 comments | ContinuedNovell Picks Up PlateSpin For $ 205 Million in Cash
Today, Novell announced that it has entered into a definitive agreement to acquire PlateSpin for $205 million using current cash. The acquisition is expected to close during Novell’s second fiscal quarter 2008 subject to the satisfaction of closing conditions.
25Feb2008 | Robin Wauters | 0 comments | ContinuedFormer Microsoft Executive Paul Maritz Joins EMC To Head Cloud Computing Initiatives
Microsoft’s cloud computing team will not be happy to learn about this: Paul Maritz, former senior executive at Microsoft, is to become president of EMC’s cloud computing initiative, which competes directly with the Redmond-based software giant.
22Feb2008 | Robin Wauters | 2 comments | ContinuedSun Aims To Virtualize Web 2.0 Startups. From LAMP to SAMP?
Sun MicroSystems aims to equip the next generation of Internet companies (read: Web 2.0 startups) with its hardware and software and will offer virtualization products to help them keep their costs to a minimum, make their data centers more flexible, and give developers multiple target environments.
18Feb2008 | Robin Wauters | 1 comment | ContinuedVMWare’s Mike DiPetrillo Openly Critical About Citrix - Xensource
Mike DiPetrillo from VMWare posted a rather critical blog post on his personal space yesterday attacking Citrix’ acquisition of Xensource.
15Feb2008 | Robin Wauters | 1 comment | ContinuedSun Acquires innotek, VirtualBox Desktop Virtualization To Extend The Sun xVM platform
Sun Microsystems has just announced , in a surprising move, the acquisition of German desktop virtualization technology provider innotek , makers of the well-known VirtualBox family.
12Feb2008 | Robin Wauters | 3 comments | Continued
