Acquisition stories - Page 161
Fortinet acquires Meru Networks, looks to enterprise Wi-Fi market
Mon, 13th Jul 2015
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firewalls
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network infrastructure
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network security
Fortinet has closed its acquisition of Meru Networks for an approximate $44 million in cash. Meru employees officially join Fortinet.
Steady as she goes for Veritas channel in the face of Symantec split
Mon, 13th Jul 2015
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storage
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data analytics
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partner programmes
As Symantec and Veritas part ways, Veritas assures stability and growth in its channel despite the split, with fresh strategies ahead.
Blackboard invests in learning analytics with latest acquisition
Mon, 13th Jul 2015
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edutech
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cloud services
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education, learning & training
Blackboard invests in learning analytics solutions, acquiring X-Ray Analytics to help instructors meet students' needs.
Microsoft restructure 'major surgery, long overdue'
Fri, 10th Jul 2015
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microsoft
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nokia
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technology gifts
Microsoft's phone business restructure is indicative of changes many companies are undergoing as they reposition themselves in the digital economy.
Microsoft takes US$7.6 billion hit on phone business, slashes jobs
Thu, 9th Jul 2015
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microsoft
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nokia
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technology gifts
Microsoft is slashing its workforce and has taken a US$8.3 billion hit as the global giant pulls back from its phone business.
Bulletproof reaches for the clouds with new record revenue
Wed, 8th Jul 2015
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fintech
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edge computing
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bulletproof hosting services
Bulletproof is on track for FY15 revenue in excess of $28 million – a significant jump from FY14's $18.3 million revenue.
Video surveillance market set for interesting 2015
Mon, 6th Jul 2015
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surveillance
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ihs
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industrial
Differentiation will be a key market driver for almost every equipment vendor, distributor and integrator over the next couple of years.
Cloud driving server, storage and Ethernet switch sales
Fri, 3rd Jul 2015
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datacentre infrastructure
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modernisation
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analyst report
Infrastructure related to cloud IT is proving a hot seller, with vendor revenue jumping 25.1% year on year in the first quarter of 2015.
Westcon snaps up full Lenovo commercial distribution
Fri, 3rd Jul 2015
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lenovo
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westcon-comstor
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distributors
Westcon Group NZ has inked a deal with Lenovo which will see it distributing Lenovo's PC portfolio in addition to the server and storage products.
Cisco acquires security company for $635mn, builds IoT offering
Wed, 1st Jul 2015
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uc
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cybersecurity
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cisco
Cisco has announced its acquisition of security firm OpenDNS for USD $635 million to enhance its IoT offerings, set to close in fiscal Q1 2016.
Xero appoints new CFO
Tue, 30th Jun 2015
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fintech
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financial systems
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xero
Xero changed its recruitment tactics for senior executives earlier this year after the departure of two senior managers who weren't the right fit.
Billion dollar UC market growing, driven by mobility
Wed, 24th Jun 2015
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technology gifts
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partners
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partnerships
Unified communications market to reach $75.81bn by 2020, driven by increase in mobile workforce and smartphone demand.
Empired ups revenue expectations; full steam ahead for FY16
Wed, 24th Jun 2015
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data analytics
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planning
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bi
Empired has upgraded its revenue expectations for 2015 and 2016 on the back of contract success and rapid expansion across Australia and New Zealand.
Done deal: All go for Vocus-Amcom merger
Wed, 24th Jun 2015
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amcom
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m&a
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vocus group
Vocus Communications' acquisition of Amcom passes its final hurdle, receiving court approval, creating a new telecommunications powerhouse.
Wearables in the enterprise driving huge market growth
Tue, 16th Jun 2015
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wearables
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iot
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m2m
The number of cellular connected IoT/M2M devices is set to increase from 252 million in 2014 to 908 million in 2019, with wearables driving the growth.
Why did Vodafone acquire Worldxchange?
Mon, 15th Jun 2015
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uc
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devops
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apm
Vocus, WxC's current provider of IP transit (according to the ISP map) will lose out as WxC will have their transit agreements migrated to Vodafone.
Wynyard Group and Motorola Solutions, using data to fight crime
Fri, 12th Jun 2015
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data analytics
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martech
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planning
Motorola Solutions' Smart Public Safety Solutions and Wynyard Group's analytics software will help public safety quickly gain actionable intelligence.
Microsoft strengthens app management with acquisition
Fri, 12th Jun 2015
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microsoft
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m&a
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application management
Microsoft bolsters System Centre and OMS application management across hetrogenous OS' and multiple environments with BlueStripe acquisition.
GeoOp widens annual loss as it chases US customers
Thu, 11th Jun 2015
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shares
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capital raising
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expenses
GeoOp, the workforce management app, widened its annual loss as it invests in product development and adding new customers.
Meet Cisco's new executive team, poised to take company into digital age
Tue, 9th Jun 2015
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supply chain
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cisco
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sales
Cisco is looking to move the company into its next phase of growth, and has revealed the executive leadership team that will action this.