IBM close to acquiring Apptio for $5 billion
IBM is close to closing with investor Vista Equity Partners Management on the acquisition of cloud-based FinOps specialist Apptio, according to The Wall Steet Journal.
According to the business newspaper, IBM is at an advanced stage with the acquisition of Apptio and the deal could be finalized ... Read more
Cisco acquires Accedian for more network observability
Cisco acquires Accedian, giving the company access to the Skylight platform. This platform gives companies visibility into the quality of their network environments and underlying applications.
Cisco is already active in monitoring network performance and ensuring the quality of these environmen... Read more
Frame spins out of Nutanix and merges with Dizzion
Frame gets a second life, or perhaps third life. Frame once began as an independent Desktop-as-a-Service (DaaS) provider. Then it was acquired by Nutanix to complete its end-user-computing vision. Now Frame is being spin out of Nutanix, sold to an investor and then merged with Dizzion, another DaaS... Read more
Silver Lake to buy Software AG for $2.42 billion
Private-equity firm Silver Lake has made a bold move in acquiring German business software developer Software AG. The deal is reported to be worth €2.2 billion ($2.42 billion). The offer from Silver Lake represents a premium of 53 percent to the XETRA closing price of Software AG shares on April ... Read more
Zoom has announced the acquisition of Workvivo
While the deal's financial terms remain undisclosed, Zoom has revealed that it expects to finalize the acquisition by the end of the month.
Based in Cork, Ireland, Workvivo provides an employee engagement platform that helps executives communicate business updates with their workers. This includ... Read more
CMA concerned Broadcom VMware acquisition could raise server prices
Britain’s competition regulator recently raised awareness that the acquisition of VMware - by US chipmaker Broadcom - could increase the price of servers. As a result, the US$61 billion deal would be subject to an in-depth investigation. This is to ensure the regulator’s concerns are met.Broadc... Read more
Belgium EDPnet acquired by Proximus
Proximus has acquired the Belgian telecom operator and internet provider EDPnet. EDPnet will continue to operate on the Belgian market under its own name.
The Belgian Corporate Court validated the takeover bid, which means that EDPnet's business and assets are now permanently owned by Proximus. ... Read more
EC approves Orange acquisition, compliant with competitor commitments
The European Commission (EC) authorised Orange's proposed acquisition of VOO and Brutélé, under the EU Merger Regulation. Orange's approval is based on complete compliance with a commitments package.
Orange is a retail mobile and fixed telecommunications service supplier in Belgium, with its o... Read more
HPE acquisition of OpsRamp expands GreenLake platform into ITOM
Hewlett Packard Enterprise (HPE) and OpsRamp, an IT operations management (ITOM) company, have reached a definitive aquisition agreement. HPE believes that by doing so, it will be able to reduce the operational complexity of multi-vendor and multi-cloud IT environments in the public cloud, colocati... Read more
Qualtrics acquired for $12.5 billion
SAP subsidiary Qualtrics is being acquired by investment firm Silver Lake Partners and pension investment fund CPP Investments. They will pay $12.5 billion (11.7 billion euros) for the software company.
In the now agreed sale, Silver Lake and CPP Investments will take 100 percent of the shares. ... Read more