Skytap, which provides cloud automation solutions for enterprises and software vendors to develop, test and demo cloud applications, has raised $10 million in funding, according to this SEC filing. This brings the total amount of financing raised by the company to a healthy $23 million. Skytap enables users to run enterprise applications in the cloud, […]
Posted on December 31st, 2010 by admin
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Callidus Software, which markets Sales Performance Management (SPM) software solutions, has announced its intent to acquire all of the assets of its technology partner ForceLogix. Through the acquisition, Callidus says it gains a solid sales coaching and talent development technology platform, and the ability to extend its footprint to provide the most comprehensive offering of […]
Posted on December 24th, 2010 by admin
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Teradata is to acquire Aprimo, a cloud-based integrated marketing software maker, for approximately $525 million including the assumption of roughly $25 million of cash at closing. Aprimo delivers a suite of integrated marketing applications to more than 150,000 professionals worldwide, and says more than 36 percent of the Fortune 100 relies on its solutions for […]
Posted on December 23rd, 2010 by admin
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Dell has announced its intent to acquire InSite One, which offers cloud-based medical data archiving, storage, and disaster-recovery solutions to the healthcare industry. Terms of the acquisition were not disclosed. Dell says the combination of InSite One’s vendor-neutral archive software and storage services, combined with its own Unified Clinical Archive solution, will simplify data retention […]
Posted on December 22nd, 2010 by admin
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EarthLink this morning announced that it will acquire telecom services provider One Communications for $370 million, which includes payment of roughly $285 million of the latter’s net debt. One Comm stockholders have the right to elect to receive the net merger consideration in the form of cash or EarthLink common stock. The merger has been […]
Posted on December 21st, 2010 by admin
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Qualcomm has just announced that it has agreed to sell its Lower 700 MHz D and E Block U.S. spectrum licenses to AT&T for a whopping $1.925 billion, following its previously announced plan to restructure and evaluate strategic options related to its FLO TV business. The company expects to shutter its FLO TV business and […]
Posted on December 20th, 2010 by admin
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Citrix Online, a division of Citrix Systems, this morning announced that it is to acquire Netviewer, a privately-held SaaS vendor in collaboration and IT services based in Germany. Netviewer will become an integral part of Citrix’ online services division, but the terms of the agreement were not disclosed. The transaction is expected to close in […]
Posted on December 17th, 2010 by admin
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Project management startup Wrike is opening up its API today, allowing third-party developers to create custom applications using the startup’s collaborative features. Wrike’s online project management application allows small to medium sized businesses to track employees, assign and monitor tasks, and more. One of the more compelling features of the app is the ability to […]
Posted on December 16th, 2010 by admin
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Right on the heels of raising $4 million, Java cloud computing startup CloudBees has announced that it has acquired Stax Networks, a pioneering Java Platform-as-a-Service solutions provider. Terms of the acquisition were not disclosed. To date, over 3,000 applications have been deployed on Stax. CloudBees says the integrated RUN@cloud service will be available in January […]
Posted on December 15th, 2010 by admin
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Intelleflex, a provider of on-demand data visibility solutions, announced (PDF) today that it has closed an $11.5 million Series A extension with current investors Arcapita Ventures and New Venture Partners. Leveraging patented technology that yields a disruptive price/performance model, the Intelleflex XC3 Technology platform provides a low-cost extended-capability solution that addresses a multi-billion-dollar market opportunity […]
Posted on December 14th, 2010 by admin
Filed under: Uncategorized | 258 Comments »