Time Warner Cable (NYSE: TWC) has announced plans to buy NaviSite (NASDAQ: NAVI) in a $230 million deal through which Time Warner will inherit more than a thousand business customers who use managed services.
A recent CNBC interview with an HP executive is focusing attention on the company's expected webOS device news, including a possible tablet, on Feb. 9 in San Francisco.
It's been a busy week for Juniper Networks.
ShoreTel has bought Agito Networks for its wireless technology that enables handsets to switch between Wi-Fi and cellular networks while attached to corporate networks.
Datacraft has confirmed that it has made a conditional offer to buy Integral/Axon Computer Systems. The transaction is expected to be completed by November 1. Neither party will disclose the purchase price.
It’s being positioned as an acquisition of capability. Datacraft NZ managing director Robin Hartendorp says. Datacraft set out to acquire a company that provided strong competencies in IT infrastructure management to complement Datacraft’s network management focus.
Cisco this week said it will acquire Arch Rock Corporation, a privately held developer of IP-based wireless network technology for smart grids.
Cisco is reportedly looking to buy Skype before the Internet phone provider goes public.
Shareholder lawsuits may be looming over the proposed Intel acquisition of McAfee, with at least two law firms signaling they are looking into whether McAfee's board of directors acted in the best interests of shareholders in approving the deal.
Juniper Networks this week announced it is acquiring privately held SMobile Systems, a developer of security software for smartphones and tablets, for $70 million in cash.
Gartner announced it is buying AMR Research for US$64 million, in the latest acquisition by the giant IT research firm. The deal is expected to be completed this month.
AMR is known for its emphasis on supply chain management. It has roughly 40 analysts and 45 sales representatives, and is on track to gross US$40 million this year, according to Gartner.
The information security market has seen a ton of consolidation in the last couple of years, which can be a nightmare for IT shops trying to keep track of who really owns the software they're using and whom to call when the tool needs servicing.
But there's another school of thought that such consolidation is actually making the security industry a less aggravating place. After all, the market has become saturated with so many vendors it can be difficult determining who sells what your enterprise truly needs to tackle a given malware or compliance issue.
Besides, most IT shops would rather see security baked into the larger IT infrastructure provided by the likes of Microsoft, Cisco and others than spend money on a growing array of bolt-on devices.
With that in mind, CSO online conducted an unscientific poll, asking security pros about five security mergers they would like to see. Respondents suggested the big IT providers like Microsoft, IBM and Cisco go in search of more security acquisitions to further integrate digital defenses into the pipeline. Others want to see bigger security vendors like Symantec and McAfee buy up smaller companies that have features they currently lack.
We narrowed it down to three top-five lists submitted by three security industry leaders: Lawrence Pingree, a San Francisco-based security pro with ties to McAfee, BuddyFetch and the Digital Forensics Association (DFA); Richard Stiennon, chief research analyst at IT-Harvest; and Mike Rothman, keeper of the Security Incite blog and senior vice president of strategy at elQnetworks.
The dismal economy has made many companies ripe for takeovers, so it's important for IT managers and CIOs to be prepared in case their company is involved in a merger, a specialist warns.
The ICT industry consists of a lot of different components and skills, but acquisitions over the past year or so have shifted more power to the big fellas. This consolidation — especially in the business intelligence and performance technology sectors — will impact client and vendor relationships, technology directions, customer support, and who's who.
Remember when Oracle was a database vendor and Sun Microsystems sold workstations? Yes, you can still buy Oracle 11g or a Sun Ultra. But last week's big deals — Oracle's US$8.5 billion (NZ$10.9 billion) buyout of BEA Systems and Sun's US$1 billion deal for MySQL — remind us that the days when vendors used to fit into tidy niches are long gone.
Oracle has agreed to buy BEA Systems for about US$8.5 billion, or $19.375 per share, the companies announced.
BEA's board of directors turned down an initial offer from Oracle of $17 per BEA share in October, saying it "significantly undervalues BEA." Oracle in turn dismissed the BEA board's counteroffer of $21 per share as "impossibly high."