Saturday April 27, 2024

Records management requirements

Are you confidently up to date on the recent changes to recordkeeping management? Test your knowledge: Do the new I-9 rules affect how you handle immigration records? How does the Lilly Ledbetter Fair Pay Act change the retention requirements for your payroll records? What’s the general retention rule of thumb you can safely apply to […]

Software AG Buys Terracotta To Boost In-Memory, Cloud Offerings

Software AG, a provider of business process management solutions with revenues of €1.1 billion in 2010, has acquired Terracotta, which develops and markets software for application scalability, availability and performance. Terms of the acquisition were not disclosed, but I’m told the deal value amounted to “upper-middle double digits” (in millions of euros). Terracotta has raised […]

GTT Acquires PacketExchange For $20 Million In Cash, Debt

Global Telecom & Technology (GTT), a global carrier and network integrator, has acquired privately-held UK company PacketExchange in an effort to scale its business internationally. GTT will pay up to $20 million in cash and assumed debt to buy PacketExchange, which serves approximately 500 customers (carriers, ISPs, etc.). PacketExchange is said to generate over $20 […]

RFID Solutions Provider IDENTEC Group Lands $7.5 Million

IDENTEC Group, a global RFID solutions provider, announced today that it has completed a $7.5 million equity capital round with private investors. IDENTEC says it serves more than 2,000 customers in 16 industries. The company currently holds 100% or significant ownership in nine RFID solutions businesses and boasts sales and marketing operations in the US, […]

SQLstream Raises $6M For Standards-Based Stream Computing Platform

San Francisco-based SQLstream, which provides a standards-based stream computing platform that enables its clients to harness and monetize their real-time service and sensor data, has raised $6 million from Fontinalis Partners. The investment was announced earlier this week, but the financial terms of the transaction were not disclosed – a recent SEC filing reveals the […]

What makes a good CIO

What separates a rookie from a pro?Rookies learn by trial and error. Pros have an actionable plan about what to say and how to act.   Whether you’ve been in a leadership role for a while, are new to it, or have it as one of your career goals, you know that one of the […]

VMware Buys Cloud-Based IT Management Service Provider Shavlik Technologies

Virtualization software giant VMware this morning announced that it has agreed to acquire Shavlik Technologies, a provider of cloud-based IT management solutions for small and medium businesses. Financial terms of the acquisition, which is expected to be completed later this year, were not disclosed. Shavlik Technologies provides a portfolio of on-premise and SaaS-based management solutions […]

SanDisk Acquires Flash Disk Maker Pliant Technology For $327M Plus Earn-out

Flash memory storage solutions provider SanDisk has acquired Pliant Technology, a developer of enterprise solid state drives, the company announced this morning. Under the terms of the agreement, SanDisk will pay approximately $327 million in cash and provide certain equity-based incentives. Pliant Technology offers SSDs that integrate into enterprise information systems. The company has approximately […]

Autonomy Buys Iron Mountain’s Digital Archiving, Online Backup Business For $380M

Cambridge, UK-based infrastructure software company Autonomy this morning announced that it is acquiring a number of assets of Iron Mountain‘s digital division – including the latter’s archiving, e-discovery and online backup business units – for $380 million in cash. Dr. Mike Lynch, CEO of Autonomy, said in a statement that they’ve been wanting to close […]

Big Brother is closer