Semiconductor chip maker Quantenna Communications has a new strategic investor on board, and her name is Telefónica. Through its investment arm Telefónica Ventures, a division of Telefónica Digital, the Spanish broadband and telecom company has made an equity investment to gain access to the latest Quantenna technology for the deployment of video services to the […]
Posted on November 8th, 2011 by admin
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Tekelec, a publicly-listed mobile broadband solutions provider, is to be acquired by an investor group in a transaction valued at approximately $780m (or $11 per share) in cash. The investor consortium making the buy is led by PE firm Siris Capital Group and includes affiliates of The ComVest Group, funds and accounts managed by GSO […]
Posted on November 8th, 2011 by admin
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Best Buy this morning announced its acquisition of mindSHIFT Technologies, which provides managed IT, cloud, data center and other professional services to small and mid-sized businesses all across the United States, for $167 million. mindSHIFT is said to serve more than 5,400 clients and 25,000 managed desktops nationwide. According to a press statement, mindSHIFT will […]
Posted on November 7th, 2011 by admin
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Oracle this morning announced that it has acquired RightNow – both companies are listed on NASDAQ – for $43 per share or roughly $1.5 billion net of RightNow’s cash and debt. With the acquisition, Oracle is adding a robust cloud-based customer service offering (see graph below) to its own Public Cloud solution – more info […]
Posted on November 4th, 2011 by admin
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From Russia with love: two Moscow-based investment firms have led a $17 million funding round for B2B social networking and e-invoicing company Tradeshift, valuing the company at $137 million according to a press statement distributed earlier this morning. The investors are ru-Net and Kite Ventures, with earlier backer Notion Capital also participating. Read the rest […]
Posted on November 1st, 2011 by admin
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Red Gate this morning announced that it has acquired Cerebrata, an India-based maker of tools that helps developers build applications that run on Microsoft’s Windows Azure platform. In fact, Cerebrate is not only a Microsoft partner but also one of their BizSpark startups. Terms of the deal were not disclosed, but we’re told Cerebrata will […]
Posted on October 27th, 2011 by admin
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Google+ SVP Vic Gundotra and Google Co-founder Sergey Brin took to the stage today at The Web 2.0 Summit in San Francisco to talk about their new social network and what exactly they’re up to these days. Among other things, Gundotra touched on the success Google+ has seen since its launch, most notably that users […]
Posted on October 20th, 2011 by admin
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Oracle has acquired Endeca, a company that powers enterprise search for large companies. Financial terms of the deal were not disclosed. Endeca has raised a total of $65 million from Bessemer, Venrock, Intel, SAP, Ampersand Capital Partners, DN Capital and Lehman Brothers. Endeca’s core technology enables companies to correlate and analyze unstructured data and provides […]
Posted on October 18th, 2011 by admin
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IBM is announcing the acquisition of Q1 Labs, Massachusetts-based provider of security intelligence software. Financial terms of the deal, which is expected to close in fourth quarter, were not disclosed. Q1 Labs software collects and analyzes information from hundreds of sources across an organization such as the network, applications, user activity, mobile endpoints, and physical […]
Posted on October 7th, 2011 by admin
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At the company’s first customer conference today, cloud storage platform Box.net is revealing a number of new features and products. The company is debuting a cross-platform enterprise sync solution for both Mac and PC devices, additional security features as well as new social capabilities. For background, Box, which has 7 million users and stores […]
Posted on September 29th, 2011 by admin
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