Big Blue is close to buying real-time data compression startup Storwize for $140 million, according to Israeli newspaper The Marker. Storwize offers a real-time data compression technology that aim to boost storage space on network storage environments. Storwize appliances are installed between the organization’s storage arrays and their network and promises two to five times […]
Posted on June 15th, 2010 by admin
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Japanese IT services juggernaut NTT DATA is acquiring US-based Intelligroup for approximately $199 million in cash, followed by a second-step merger to acquire all remaining shares at the same price paid in the tender offer. NTT DATA, through subsidiary Mobius Subsidiary Corporation, will make an offer to purchase all outstanding shares of Intelligroup common stock […]
Posted on June 14th, 2010 by admin
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Financial information services giant Markit this morning announced that it has agreed to acquire Wall Street On Demand, a company that has specialized in the design, development and hosting of financial services websites and applications. Wall Street On Demand is based in Boulder, Colorado, has over 350 employees and claims to provide its services to […]
Posted on June 13th, 2010 by admin
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Editor’s note: Marc Benioff, chairman and CEO of salesforce.com, really loves Japan. And if you are a startup founder or tech executive, he thinks you should too. He explains why in this guest post, culled from observations from his most recent visit. Thousands of people lined up last week to buy iPads. And, if you […]
Posted on June 12th, 2010 by admin
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Crowdcast, a provider of social business intelligence (SBI) solutions, has raised $6 million in Series A funding. The round was led by Menlo Ventures, with participation from Alsop-Louie Partners. The company’s name is a combination of the words ‘crowd’ and ‘forecast’, and its self-declared goal is to help companies find out what their people really […]
Posted on June 12th, 2010 by admin
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Elsevier, a juggernaut of a global publisher of scientific, technical, and medical information products and services, announced today the acquisition of assets from Collexis, a developer of semantic technology and knowledge discovery software. The acquisition is effective immediately and terms of the agreement are not being disclosed. According to Elsevier, the combination of Collexis’ semantic […]
Posted on June 11th, 2010 by admin
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Phoenix Technologies today announced that Hewlett-Packard has agreed to purchase the assets related to its HyperSpace, HyperCore and Phoenix Flip instant-on and client virtualization products. The consideration for the transaction is $12 million in cash and the closing is expected to occur this month. With the sale of its virtualization technology product line, Phoenix is […]
Posted on June 11th, 2010 by admin
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Cloud-based storage and sharing application Box.net is getting into the syncing game today. The startup is unveiling Box Sync, an extension of the Box.net platform that connects users’ desktops to Box.net’s cloud-based content management and collaboration platform. With the Box Sync desktop client, users can sync Box.net folders with their desktops. The new feature is […]
Posted on June 10th, 2010 by admin
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Online privacy certification company TRUSTe has raised $12 million led by Jafco Ventures with DAG Ventures, Accel Partners and Baseline Ventures participating in the round. This brings TRUSTe’s total funding to $22 million. TRUSTe certifies that companies are meeting online privacy standards for consumers. Websites which are certified by the company bear a “trustmark,” indicating […]
Posted on June 9th, 2010 by admin
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Deloitte has released the results of its 2010 security survey, entitled "The Faceless Threat," for which the consultancy's global financial services team surveyed senior information technology executives at more than 350 major financial institutions earlier this year. The results show that senior security executives at the world's largest financial institutions are making investments in identity and […]
Posted on June 9th, 2010 by admin
Filed under: Uncategorized | 245 Comments »
