By Kevin Kwang, ZDNet Asia Its 2010 acquisition blitz to date includes Oblicore, Nimsoft and 3Tera and shows no signs of slowing as CA Technologies (CA) continues its buying spree to “plug gaps” and bulk up on technical capabilities, particularly in the cloud environment. According to Andi Mann, vice president of product marketing at CA, the company has “some money left to spend” on companies that will complement the technologies and capabilities it already has. “Previously, we have been acquiring companies for revenue stream but with the acquisitions of Nimsoft, 3Tera and others, we are now looking to buy technologies
Leading High Availability and Disaster Recovery Solutions for Windows, Linux, Power Systems and Cloud Computing Now Available From a Single Provider IRVINE, CA, Jul 26, 2010 (MARKETWIRE via COMTEX) — Today Vision Solutions, Inc. announced that it has completed the acquisition of Double-Take Software, Inc., a leading provider of recovery solutions for the rapidly growing Windows, Linux and Cloud Computing markets. The acquisition significantly expands Vision Solutions’ product offerings and distribution capabilities in the Windows and open systems markets, and strengthens its prominence throughout the information availability marketplace. “This is an extremely important event for Vision, Double-Take and the clients
IBM on Thursday will unveil a new hybrid mainframe design that aims to cut data center sprawl and be a bridge to other systems. All of the hardware giants—IBM, HP, Cisco, Dell and Oracle—are producing magic boxes (or armies of them) to modernize data centers and bridge them to cloud computing. IBM is aiming its hybrid mainframe, which is designed to manage other systems too, at the data center simplification effort. The lead-in to IBM’s zEnterprise System (right) was interesting as rivals were pooh-poohing the effort before the launch. IBM CFO Mark Loughridge foreshadowed the mainframe launch during the company’s
PALO ALTO, CA, Jul 20, 2010 (MARKETWIRE via COMTEX) — VMware, Inc. (VMW 72.42, -0.93, -1.27%) , the global leader in virtualization solutions from the desktop through the datacenter to the cloud, today announced financial results for the second quarter 2010: Revenues for the second quarter were $674 million, an increase of 48% from the second quarter of 2009. – GAAP operating income for the second quarter was $101 million, an increase of 166% from the second quarter of 2009. Non-GAAP operating income for the second quarter was $187 million, an increase of 94% from the second quarter of 2009.
TOKYO (Reuters) – Fujitsu Ltd, Japan’s biggest IT services provider, said on Friday it plans to boost investment in cloud computing by 54 percent this year to beef up its operations in one of the IT sector’s hottest areas. It will also seek more global partnerships and acquisitions to expand its software and product offerings accessed online, and key targets will include software firms with strong technologies or client bases, president Masami Yamamoto told a news conference. Fujitsu, the world’s No. 3 IT services vendor after IBM and Hewlett-Packard, plans to spend $1.1 billion on its cloud computing business by
St. Louis-based Savvis Inc., a cloud computing infrastructure company, said Tuesday it has agreed to acquire private Canadian IT services provider Fusepoint Inc. in a cash deal worth $124.5-million. Toronto-based Fusepoint operates three data centres in Toronto, Vancouver and Montreal and recently reported annualized revenues of $47.4-million in its first quarter. In 2009, Fusepoint generated $41.7-million in revenue. Fusepoint is a portfolio company of M/C Venture Partners, a venture capital firm. Jim Ousley, chief executive with Savvis, said the Fusepoint purchase will expand the company’s footprint into an important market. “Our largest customers have been asking us to expand into