Cisco this morning announced its intent to acquire privately-held Arch Rock, which specializes in IP-based wireless sensor network technology with a focus on energy and environmental monitoring and Smart Grid applications.
Financial terms of the transaction are not being disclosed.
Based in San Francisco, Arch Rock will help Cisco accelerate the company’s ability to facilitate the [...]
Posted on September 4th, 2010 by admin
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A week after purchasing Fortify, HP has made a purchase today, acquiring Stratavia, a database and data center automation company. Terms of the deal were not disclosed.
Stratavia develops and markets database, server and run book automation software which helps customers reduce the cost of operating their enterprise environments. The software is designed to control application [...]
Posted on August 28th, 2010 by admin
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This morning, we saw Dell’s announcement that 3PAR had accepted its increased offer to acquire the storage company for $24.30 per share in cash, or approximately $1.6 billion, net of 3PAR’s cash. Now HP just upped the ante, offering $1.8 billion for 3PAR, or $27 per share in cash.
Clearly these companies want 3PAR. [...]
Posted on August 26th, 2010 by admin
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In the wake of former CEO Mark Herd’s sexual harassement scandal, HP is announcing that it is acquiring Fortify, a software security company. Terms of the deal were not disclosed.
Fortify’s Software Security Assurance products and services protect companies from security threats in busines software applications. The company’s software evaluates and test software code for [...]
Posted on August 18th, 2010 by admin
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Dell has agreed to acquire 3PAR, a competitor to the likes of IBM, HP, EMC and Hitachi in the data storage and management space.
The transaction is valued at $18 per share in cash – marking a 86.5% premium to company’s Friday closing price of $9.65 – or approximately $1.13 billion.
3PAR provides a virtualized utility storage [...]
Posted on August 17th, 2010 by admin
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Only days after buying DataCap, Big Blue has made another purchase. IBM is acquiring marketing software giant Unica approximately $480 million, or approximately $21 per share. The deal is expected to close in the fourth quarter of 2010.
Unica, a publicly held company that traded on the Nasdaq exchange, develops an enterprise marketing management software [...]
Posted on August 13th, 2010 by admin
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IBM has acquired Datacap, a company that provides a data and document capturing and processing software. Terms of the deal were not disclosed.
Datacap software automates image and data entry from a variety of documents and forms, including medical claims, tax returns and highly variable documents such as invoices and shipping documents for more precise [...]
Posted on August 10th, 2010 by admin
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Adobe is strengthening its product portfolio with its intention to acquire Swiss firm Day Software, which makes Web content management systems aimed at marketers. Adobe announced an all-cash tender offer for Day’s shares. The purchase price is approximately $240 million.
Many of Adobe’s products, such as Illustrator and Photoshop, are used already to [...]
Posted on July 28th, 2010 by admin
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Mobile communication, marketing and commerce platform vendor Movitas has raised $3 million in a new round of financing from a group of private investors, the company announced earlier this morning, self-reportedly thanks to its success with hotels, holiday resorts and the likes.
Movitas says it will use the additional capital to enhance its mobile platform to [...]
Posted on July 21st, 2010 by admin
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It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company [...]
Posted on July 14th, 2010 by admin
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