Sunday December 22, 2024

Cisco To Acquire Smart Grid Monitoring Tech Company Arch Rock

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 […]

Vidyo Bets On The iPad And iPhone For The Future Of Video Conferencing

Vidyo, a company that specializes in high-quality video conferencing technology for the enterprise, is betting big on bringing video conferencing to mobile devices, including tablets and smartphones. Similar to Skype, Vidyo offers a technology that allows people to connect with each other over the web via video conferencing. However, the company says that Vidyo system […]

After Dell Matches $2B Offer For 3PAR, HP Ups Its Bid To $2.4B

It looks like we’re back to square one again. Dell has matched HP’s $2 billion offer to buy 3PAR, and HP upped the ante today with an offer worth $33 per share or $2.4 billion. 3PAR has accepted HP’s bid. Dell had previously signed an agreement to acquire 3PAR for $18 per share or $1.13 […]

Done Deal: HP Gets 3PAR For $2.35 Billion In Cash

It’s officially over. After Dell pulled out of the running this morning, HP has announced that it has entered into a definitive agreement to acquire data storage company 3PAR, for $33 per share in cash, or a value of $2.35 billion. The transaction has been approved by the boards of directors of both companies. This […]

UPI solutions leader opens new UK headquarters in London

Panduit, IT and network solutions provider and the global leader in Unified Physical Infrastructure (UPI) solutions, has opened a new Customer Briefing Centre (CBC) at 6 Broad Street Place in London. The firm is a world-class developer and provider of leading-edge IT and network solutions that help customers optimize the physical infrastructure through simplification, agility […]

Dell Withdraws From 3PAR Bidding War, HP Wins With $2.4B Offer

It looks like the bidding war for 3PAR could be over. Dell has just issued a release indicating that it will not increase its most recent $2 billion proposal to acquire 3PAR, and the company’s has ended acquisition talks for the data storage company. Dell is entitled to receive a $72 million break-up fee from […]

VeriFone Acquires WAY Systems For Up To $9 Million (They Raised Over $50 Million)

Electronic payment solutions provider VeriFone Systems this morning announced it has acquired the assets of WAY Systems, a provider of mobile POS solutions and gateway services for mobile merchants. The purchase price consisted of an upfront payment of $6 million and an earn-out payable in one year of up to an additional $3 million dollars […]

Salesforce Completes The Puzzle With Jigsaw For CRM

When Salesforce.com bought crowdsourced business contact database Jigsaw for $142 million earlier this year, the CRM giant said that it would combine its suite of applications with Jigsaw’s model for the automation of acquiring and keeping up-to-date business contact data. Today, Salesforce is unveiling Jigsaw’s deep integration into the company’s platform, Jigsaw for Salesforce CRM. […]

Chartbeat Raises $3 Million From Index, Conway, Sacca, Clavier, Lerer, And Dixon

In a short amount of time since its launch in April, 2009 and its redesign a year later, realtime analytics startup Chartbeat has gained an impressive following of more than 2,500 paying corporate customers. All of this was done so far with 5 employees, led by general manager Tony Haile. Now, the betaworks-incubated company has […]