Oracle Corp. on Monday agreed to acquire network-technology provider Xsigo Systems Inc. for an undisclosed sum, broadening the software giant’s already growing footprint in the data center.
Based in San Jose, Calif., Xsigo provides appliances that more efficiently manage the tangle of connections needed to access stored data. The technology cuts electricity costs and boosts performance for companies that manage large data centers.
Privately held Xsigo has more than 300 enterprise customers, according to its website, including Verizon Communications Inc. (VZ) and BT Group PLC (BT).
Oracle’s latest acquisition, expected to close this fall, comes [...]
Both the United States Justice Department and European regulators have given the Google Motorola deal their sign of approval. The proposed takeover that was decided mid 2011 had gaining concerns from interested parties, other android using manufacturers and some non related manufacturers as well. Major play for Motorola will give google a huge chunk of patents to play with in the fight ahead with companies like Apple.
The US department of Justice has clarified that the takeover /merger poses no real threat to competition and that it “will not hesitate to take appropriate enforcement action to stop any [...]
Google announced yesterday that it has acquired restaurant rating company ZAGAT.
“ZAGAT will be a cornerstone of our local offering — delighting people with their impressive array of reviews, ratings and insights, while enabling people everywhere to find extraordinary (and ordinary) experiences around the corner and around the world, I’m incredibly excited to collaborate with ZAGAT to bring the power of Google search and Google Maps to their products and users, and to bring their innovation, trust and wealth of experience to our users”
-Marissa Mayer, vice president of local, maps and location services at Google
Looks like Apple is in talks to buy HULU, according to a report by Bloomberg. In June, Hulu announced that it had hired Morgan Stanley and Guggenheim Partners to assist with a the sale of the company earlier reports stated that Yahoo! was interested in making a bid at that time.
Currently Hulu is available only in select countries. Should Apple buy it, we can expect a massive video service offering from Apple , that would easily take on the likes of Netflix, even make it available in less fortunate countries, like ours. (redundant sarcasm)
Twitter has finalized its purchase of TweetDeck in a $40 million cash and stock deal. Although both Twitter and TweetDeck Refuse to comment on the same. Twitter has been known to either downplay third-party apps or acquire them. In the past, Twitter has scooped up popular Twitter iPhone app Tweetie, and partnered with photo add-on TwitPic as it launched its new interface.
In February, reports surfaced that UberMedia, the leading developer of apps and Web-based services for Twitter users and other social media platforms, was in talks to purchase Tweetdeck.
But the deal never [...]
Whats up with Acquisitions lately, Recent Microsoft-Skype acquisition and now this. Google will acquire all Modu patents from the bankrupt company for a whopping 4.9 Billion US $. The company had planned for major worldwide release of its spectacular transformer phones, that fit the purpose when needed, and had planned for an IPO, but came close to an imminent closure due to lack of funding.
Google’s $4.9 million IP purchase will be used to pay back Modu’s creditors and former Modu employees who are still due wages. What this could entail is freakishly small Android smartphones……hoping anyway.
Microsoft and Skype have made it official , The Mega Software/Hardware giant has acquired the Video Chat mega-enterprise for a whopping 8.5 Billion (Yes BILLION) US dollars. There is also a mention of XBOX and Kinect Support.
The other important aspect of the acquisition is that non-MS users (existing Skype users) will not be affected in any way with the acquisition.
According to data: Skype was first sold to eBay in 2005 for 2.5$ Billion US who in turn sold it for 2.75 Billion US $ to Silver Lake. The deal is expected to close by the end of this year and you can read Microsofts and Skype’s full announcement below.
PRESS [...]
Sony PlayStation games have begun appearing in Google’s Android Market. Five title’s became available in the Market on Thursday, including Syphon Filter, MediEvil and Cool Boarders 2. Currently available titles are listed for $6.38 each. More are on their way and should be added to the list of ever-growing Apps on the Android Marketplace.
Sony Ericsson’s Xperia PLAY will be the first PlayStation Certified Android smartphone that will be capable of playing original PlayStation games downloaded through the Android Market.
US Telecom giant At&T will buy rival company T-mobile from Deutsche Telekom for a whopping $39 Billion. At the end of this deal, AT&T will have a total of 130 million Subscribers making it the largest company in the United States. In the Deal the German company will be getting $25 billion in cash and $14 billion in stock, giving it an 8 percent stake in AT&T .
Read the full PR
AT&T to Acquire T-Mobile USA from Deutsche Telekom
Provides Fast, Efficient and Certain Solution to Impending Spectrum Exhaust Challenges Facing AT&T and T-Mobile USA in Key Markets [...]
