Thursday December 26, 2024

IBM Buys Data Center Switching Company BLADE Network Technologies

IBM today announced it has entered into a definitive agreement to acquire BLADE Network Technologies, a privately held data center switching company based in Santa Clara, California. Financial terms were not disclosed. BLADE, founded in 2006, specializes in software and devices that route data and transactions to and from servers; the company provides blade server […]

Intel Leads $14M Round In Cloud Automation Company Adaptive Computing

Utah-based IT startup Adaptive Computing has raised $14 million in Series A funding led by Intel Capital with Tudor Ventures and EPIC Ventures participating in the rounds. This is Adaptive Computing’s first round of funding, after nine years of profitability, says the company. Adaptive Computing’s software, Moab, helps companies manage complex cloud computing environments. Moab […]

HP Continues Shopping Spree; Buys Security Software Company Arcsight For $1.5B In Cash

As rumored yesterday, HP has signed an agreement to buy security software company Arcsight for $1.5 billion, or $43.50 per share. This acquisition follows HP’s $2.3 billion acquisition of data storage company 3PAR. Arcsight provides security and compliance management software that identifies and mitigate business risk for enterprises, MSSPs and government agencies. The software products […]

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 […]

HP Continues Shopping Spree; Buys Database Automation Company Stratavia

A week after purchasing Fortify, HP has made a purchase today, acquiring Stratavia, a database and data center automation company. Terms of the deal were not disclosed. Stratavia develops and markets database, server and run book automation software which helps customers reduce the cost of operating their enterprise environments. The software is designed to control […]

HP Ups The Ante For 3PAR; Offers $1.8B In Cash For Data Storage Company

This morning, we saw Dell’s announcement that 3PAR had accepted its increased offer to acquire the storage company for $24.30 per share in cash, or approximately $1.6 billion, net of 3PAR’s cash. Now HP just upped the ante, offering $1.8 billion for 3PAR, or $27 per share in cash. Clearly these companies want 3PAR. Bad. […]

HP Acquires Software Security Company Fortify

In the wake of former CEO Mark Herd’s sexual harassement scandal, HP is announcing that it is acquiring Fortify, a software security company. Terms of the deal were not disclosed. Fortify’s Software Security Assurance products and services protect companies from security threats in busines software applications. The company’s software evaluates and test software code for […]

Dell To Buy Data Storage And Management Company 3PAR For $1.13 Billion

Dell has agreed to acquire 3PAR, a competitor to the likes of IBM, HP, EMC and Hitachi in the data storage and management space. The transaction is valued at $18 per share in cash – marking a 86.5% premium to company’s Friday closing price of $9.65 – or approximately $1.13 billion. 3PAR provides a virtualized […]

IBM Buys Marketing Software Company Unica For $480 Million

Only days after buying DataCap, Big Blue has made another purchase. IBM is acquiring marketing software giant Unica approximately $480 million, or approximately $21 per share. The deal is expected to close in the fourth quarter of 2010. Unica, a publicly held company that traded on the Nasdaq exchange, develops an enterprise marketing management software […]

IBM Acquires Data And Document Capture Software Company Datacap

IBM has acquired Datacap, a company that provides a data and document capturing and processing software. Terms of the deal were not disclosed. Datacap software automates image and data entry from a variety of documents and forms, including medical claims, tax returns and highly variable documents such as invoices and shipping documents for more precise […]