NetApp this morning announced that it is to acquire Akorri Networks, which enables IT organizations to manage their infrastructure as a service. Terms of the agreement were not disclosed, apart from the fact that it concerns an all-cash transaction. Akorri is a privately held company headquartered in Littleton, Massachusetts, which has raised $48.7 million in […]
Posted on January 13th, 2011 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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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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Dell has officially announced that it aims to pick up Compellent, a provider of storage solutions with automated data management features for enterprise and cloud environments, for $27.75 per share in cash for each share of Compellent (a total equity value of approximately $960 million). The aggregate purchase price is about $820 million, net of […]
Posted on December 14th, 2010 by admin
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Juniper Networks this morning announced it has acquired Altor Networks, a provider of virtualization security technology, for $95 million in cash. Juniper says the acquisition will allow the company to deliver a robust, integrated security architecture that protects both physical and virtual systems. Altor, which has long been a Juniper technology partner, offers a hypervisor-based […]
Posted on December 7th, 2010 by admin
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Cisco this morning said it intends to purchase LineSider Technologies, a privately-held network management software based out of Danvers, Massachusetts. Financial terms of the transaction were not disclosed, and Cisco said it aims to complete the acquisition in the second quarter of its fiscal year 2011. LineSider markets software that enables companies to build network […]
Posted on December 2nd, 2010 by admin
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Effective immediately, Ketera Technologies is now part of e-commerce platform company Rearden Commerce. Terms of the deal were not disclosed. Tweet This Post
Posted on December 2nd, 2010 by admin
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Scale Computing, a provider of midmarket clustered storage solutions, this morning announced it has secured $17 million in Series C funding in a round led by Scale Venture Partners with participation from Northgate Capital and existing investors (including Benchmark Capital). This latest round of funding brings the total raised for the company to $31 million. […]
Posted on November 24th, 2010 by admin
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