Tag: Acquisition

Dec 23

Symantec Expands Security Offerings

Symantec has expanded its portfolio by acquiring identity protection firm LifeLock with a $2.3 billion dip into its pockets. Since Symantec divested itself of Veritas at a loss to the Carlyle Group in 2015, it has been looking to move into new markets. It acquired Blue Coat in August for $4.65 billion, a move that was …

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Dec 22

Oracle dip into their pockets again this time for Dyn

Oracle have been quietly building out their next generation cloud environments, building up a cloud practice with seasoned professionals that includes Ex-VCE, VMware and AWS personal.  They have released a completely new version of their IaaS layer cloud. Dipping into their not insignificant loose pocket change to make several key purchases or acquisitions this year. …

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Sep 07

Nutanix to Acquire PernixData for an Undisclosed Sum

Nutanix, one of the leading providers of hyperconverged infrastructure, has executed a definitive agreement to acquire PernixData, one of the leading providers of local flash-based acceleration for storage devices. Nutanix and PernixData to tie the knot to Continue Reading

Aug 18

HPe liked the SGI so much, it bought the company

HPe, in a surprise move, has paid $275 million to acquire former Silicon Valley giant SGI. This equates to $7.75 per share, a premium of 30% over what SGI shares were trading at by close on August 10. What are the reasons for this acquisition? HPE hearts SGI so much, it bought the company to continue reading

Aug 06

Oracle Buys NetSuite with a $9.3 Billion Dip into Pocket

Oracle is acquiring NetSuite in a $9.3B all-cash purchase. After its very shaky start in cloud computing—Ellison famously stated that the computer industry and its approach to cloud computing are highly fashion driven—the purchase of NetSuite makes a statement. Oracle is now front and center where cloud is concerned, though it is true that it is playing catch-up with the likes of AWS, …

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May 27

A Bit of History Repeats Itself: CSC Buys HPE Technology Services Division

In 2008, HP (now part of the newly split-off HPE) bought Electronic Data Systems (EDS) for $13.9 billion, a massive amount for what at the time was one of the biggest IT services players in the market space, behind IBM. This was whilst HP’s services division languished in fifth place, behind both Accenture and Fujitsu. CSC Aquires …

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