Celeno Communications, an Israel-based provider of semiconductors for multimedia WiFi home networking applications, this morning announced that it has secured a $12 million funding round, which included a strategic investment by international cable operator Liberty Global. The company’s previous backers, including Cisco, Greylock Partners, Miven Venture Partners, and Pitango Venture Capital, also participated in the […]
Posted on November 15th, 2010 by admin
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Enterprise software giant EMC has just acquired Isilon Systems for $2.25 billion in cash or appoximately $33.85 per share. The deal was rumored to be in the works but now it’s official. Isilon is know for its “Scale-out NAS” storage systems, which offer customers a highly scalable, low-cost storage infrastructure for managing “Big Data.” Clients […]
Posted on November 15th, 2010 by admin
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Ben Horowitz is a partner at Andreessen Horowitz and the former co-founder and CEO of Opsware. Every day I hear from entrepreneurs, angel investors and venture capitalists about an exciting new movement called “the consumerization of the enterprise.” They tell me how the old expensive Rolex wearing sales forces are a thing of the past […]
Posted on November 13th, 2010 by admin
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BroadVision is launching a new version of Clearvale, a “networks of networks” for the social enterprise. Launched to the public earlier this year, Clearvale provides businesses with the tools, and infrastructure to instantly create enterprise social networks, while also being able to connect with other social networks on the platform. The Clearvale gives businesses a […]
Posted on November 11th, 2010 by admin
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Enterprise cloud storage provider Nirvanix is adding more money to its coffers and putting an experienced executive at the steering wheel. The company has secured an additional $10M, bringing its total of capital raised to $45 million. The capital infusion comes from primary investors Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. In addition, […]
Posted on November 10th, 2010 by admin
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Wireless broadband solutions provider Novatel Wireless has agreed to acquire Enfora, a privately-held provider of wireless asset-management solutions and machine-to-machine (M2M) communications, for approximately $64.5 million in cash. The purchase price includes the pay down of all debt. Additional consideration of up to $6 million, depending on certain performance targets being met, is also part […]
Posted on November 10th, 2010 by admin
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Businesses need to take a more ethical and proactive stance toward the issues in the absence of government leadership on the issue. This is especially true of the so-called Internet of things that will express itself in all manner of smart technology solutions such as smart building control and energy systems, smart transportation options and […]
Posted on November 10th, 2010 by admin
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Quest Software is to acquire BakBone Software, a San Diego, CA-based provider of data protection software. Quest in a statement says it expects to pay approximately $55 million, including the payment of certain debt obligations and net of anticipated cash on hand. BakBone shareholders will receive $0.33 per common share and $1.29 per preferred share […]
Posted on November 9th, 2010 by admin
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Enterprise cloud storage provider Zetta has raised $11.5 million in Series B funding from existing investors Foundation Capital and Sigma Partners. This brings Zetta’s total funding to $22.5 million. Zetta provides offsite data backup and protection and storage solutions for enterprises of all sizes. Zetta’s storage system includes RAIN-6 N+3, which the company says guarantees […]
Posted on November 9th, 2010 by admin
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The Planet and SoftLayer, both giants in the world of dedicated server and Web hosting services, have merged. The news of the merger, which has been subject of rumors and speculation for months now, was confirmed in a (confidential) email that was sent out by The Planet earlier this morning. In the email, the company […]
Posted on November 8th, 2010 by admin
Filed under: Uncategorized | 240 Comments »
