RightNow Technologies this morning announced that, at its special stockholders meeting, nearly everyone voted in favor of the previously proposed merger with Oracle, who agreed to buy the cloud-based customer service company for $1.5 billion (or $43 per share) in cash at the end of October 2011. From the press release announcing the overwhelming approval: [...]
Posted on December 22nd, 2011 by admin
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Blue Coat, which specializes in Web security and WAN optimization solutions, has agreed to be acquired by an investor group led by San Francisco-based PE firm Thoma Bravo in a transaction valued at roughly $1.3 billion. Shareholders stand to receive $25.81 per share per common stock, in cash, and Blue Coat’s board of directors has [...]
Posted on December 10th, 2011 by admin
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Enterprise application software giant SAP this morning announced that it will spend $2 billion in China through 2015 to grow its business. In a statement, SAP co-CEO Bill McDermott said the company will also establish more research and development facilities, hire thousands of people and train more experts and consultants in the country. More specifically, [...]
Posted on November 16th, 2011 by admin
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Oracle this morning announced that it has acquired RightNow – both companies are listed on NASDAQ – for $43 per share or roughly $1.5 billion net of RightNow’s cash and debt. With the acquisition, Oracle is adding a robust cloud-based customer service offering (see graph below) to its own Public Cloud solution – more info [...]
Posted on November 4th, 2011 by admin
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Microsoft this morning announced that it has closed its $8.5 billion acquisition of Skype, a deal that was originally announced back in May. They even made an infographic to showcase the importance of the deal completion. /sarcasm Other than that, not much news to report. As previously announced, Skype becomes a new business division within [...]
Posted on October 15th, 2011 by admin
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Broadcom this morning announced that it has agreed to acquire NetLogic Microsystems, which delivers a range of semiconductor solutions. Under the agreement, NetLogic shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed. Netlogic’s share price closed at $31.91 last Friday. With the acquisition, Broadcom expands its infrastructure [...]
Posted on September 12th, 2011 by admin
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According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date. Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content [...]
Posted on August 20th, 2011 by admin
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According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date. Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content [...]
Posted on August 18th, 2011 by admin
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Rumors about the news swirled yesterday, but Time Warner Cable just confirmed it has acquired Midwest cable operator Insight Communications for $3 billion in cash. Insight serves over 750,000 customers in Indiana, Kentucky and Ohio, according to the press release. Insight offers bundled video, high-speed Internet and voice telephony services to residential and business customers [...]
Posted on August 15th, 2011 by admin
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NCR is buying Radiant Systems, a company that develops point-of-sale systems and software to the hospitality and specialty retail industries, for $1.2 billion in cash, or $28.00 per share. The deal is expected to close during the third quarter of 2011. NCR says it will raise approximately $1.1 billion of new funded debt to finance [...]
Posted on July 27th, 2011 by admin
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