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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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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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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Actifio, a company that specializes in data management virtualization solutions, this morning announced that it has raised $8 million in Series A funding in a round led by North Bridge Venture Partners and Greylock Partners.
With the funds, Actifio intends to ramp up sales and marketing efforts.
Actifio isn’t giving much detail on how its [...]
Posted on July 22nd, 2010 by admin
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Data center automation company Puppet Labs this morning announced that it has raised $5 million in funding, bringing the total amount of capital invested in the fledging startup to $7 million.
Kleiner Perkins Caufield & Byers led the Series B round, while existing investors True Ventures and Radar Partners – which participated in the Series A [...]
Posted on July 19th, 2010 by admin
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Backupify, a startup that provides online backup, archiving and export services for cloud-based social media and SaaS data, is rolling out its application for Google Apps. This will allow any Google Apps users to backup all data stored in their Gmail, Docs, Calendar, Contact and Sites accounts.
Designed for SMBs using Google Apps, Backupify uses [...]
Posted on July 17th, 2010 by admin
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Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Financial terms of the deal were not disclosed but the acquisition is an all-cash transaction.
Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems [...]
Posted on July 7th, 2010 by admin
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IBM is making another acquisition today, buying up computer security software company BigFix. Terms of the deal were not disclosed.
BigFix security software identifies all of a company’s PCs, laptops, server and then monitors and flags IT administrators when devices are not in compliance with corporate IT security standards. Its software promises to make security [...]
Posted on July 3rd, 2010 by admin
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Cloudera, which is backed by an impressive list of investors and advisors and run by a team of experienced technology veterans, commercially distributes and services Hadoop. The startup is announcing its first paid software today: Cloudera Enterprise. Cloudera Enterprise is next generation data management software to help companies leverage the Apache Hadoop platform.
Hadoop is [...]
Posted on June 29th, 2010 by admin
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Editor’s note: Today the DataPortability Project announces PortabilityPolicy.org – the result of a 16 month effort that it hopes the industry will embrace. This guest post explains what a Portability Policy is, why your site should have a one, and why you should be looking for them. The author, Elias Bizannes, is the chairperson and executive [...]
Posted on June 24th, 2010 by admin
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