Acquisition stories - Page 162

IBM has acquired Blue Box, an OpenStack private cloud specialist, while Cisco has snapped up Piston Cloud Computing in OpenStack battle.

Competition among fixed-line retailers remains strong & the sector is responding positively to consumer demand for better broadband quality and value.

Hitachi Data Systems (HDS) has completed its acquisition of Pentaho, a data integration, visualisation and analytics company.

Intel's US$16.7 billion acquisition of Altera opens doors to new classes of product in data centre and IoT market segments.

The government has given up on trying to claw back $3.9 million in research and development grants paid to failed touchscreen developer NextWindow.

Legacy IT systems, stretched IT budgets and a lack of critical IT skills are just some of issues that are inhibiting government CIOs.

Server shipments record strongest growth in four years on back of cloud demand; massive revenue boost for mainframes – and Lenovo.

UXC Eclipse's investment in Microsoft Dynamics is paying dividends, with the company inking $20 million of retail business in the past four months.

With the launch of Spark's app store last week, the drive for ISPs/telcos to find new sources of revenue was once again on display.

Check Point Software introduces new security gateway for Industrial Control Systems; aims to prevent cyber attacks on critical infrastructure.

Gartner predicts worldwide spending on business process management (BPM) software will grow 4.4% to reach $2.7 billion in 2015.

Fujitsu is making a local play for the IoT market, establishing end-to-end capability in ANZ for its iMotion Edgeware management platform.

Kiwi Wi-Fi company Tomizone is gearing up for a major assualt on international markets after securing AU$5 million in public capital funding.

Coming off a bumper financial year, Dicker Data looks to the launch of its cloud marketplace and an expansion in offerings to fuel further growth.

Fortinet is the latest company in acquisition mode, announcing it will acquire Wi-Fi networking company Meru Networks, in a US$44 million deal.

The acquisition represents a 'transformational element' of EMC's strategy to help customers move all applications to cloud-based IT environments.

Two Degrees is still burning cash but has once again reduced its financial losses, recording a $33.6 million net loss for calendar 2014.

Auckland-based travel firm Serko reports annual loss of $6.4m, but expects to be profitable in H1 2017. Revenue up 55% to $10.4m.

HP has announced its 2015 second quarter financial results, revealing revenue was down in all segments of the business.

Seagate targets New Zealand's SMB market with a NAS offering, partnering with local tech distributor Connector Systems, challenging Qnap and Synology.