NetApp confirms $870m SolidFire acquisition – but don’t think this is all about flash

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Cloud storage and data management firm NetApp has announced the acquisition of all-flash storage system provider SolidFire for $870 million (£586m) in cash.

The all-flash offering across three key market segments – traditional enterprise infrastructure buyers, application owners and next-generation infrastructure buyers – is a key reason for the purchase, NetApp argues.

“This acquisition will benefit current and future customers looking to gain the benefits of...

By James Bourne, 22 December 2015, 0 comments. Categories: M&A, Software, Storage.

Dell agrees $67bn EMC deal: An “enterprise powerhouse” or “the walking dead”?

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Tech giants Dell and EMC have announced a definitive agreement worth $67 billion (£43.7bn) which claims to “bring together the industry’s leading innovators in digital transformation, software-defined data centre, hybrid cloud, converged infrastructure, mobile and security.”

Under the terms of the agreement, which will according to the two companies create “the world’s largest privately-controlled, integrated technology company,” EMC stockholders...

By James Bourne, 12 October 2015, 0 comments. Categories: Data Centres, Hybrid, Infrastructure, M&A.

Cloud computing dominates Deloitte’s 2015 global venture capital confidence survey

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  • Cloud computing is the strongest technology investment sector for the third year in a row.
  • Biopharmaceuticals and robotics are the two sectors that have gained the greatest venture capital confidence from 2014 to 2015.
  • U.S. technology hubs (Silicon Valley/San Francisco, New York, Boston, Los Angeles & Chicago), Israel and Canada dominate while confidence continues to fall in Brazil and other emerging markets.

These and other insights are from

By Louis Columbus, 30 September 2015, 0 comments. Categories: Economy, Infrastructure, M&A.

The state of the cloud in 2015: “Bullish” VC firm predicts tipping point

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Bessemer Venture Partners (BVP), a venture capital firm which has been investing in cloud computing for almost 20 years, has released a bullish prediction on cloud trends in the coming years.

Software as a service (SaaS) is approaching 30% of total application spend, compound annual growth rate hitting 17.6% between 2013 and 2018. On premise, by contrast, is at 2.8%. BVP also argues the ‘tipping point’ of cloud CRM will hit in 2016; by 2018, the VC firm expects cloud CRM to...

By James Bourne, 19 June 2015, 0 comments. Categories: Economy, IaaS, M&A, SaaS , Salesforce.

EMC beefs up its stake in VCE, buys out majority of Cisco’s share

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EMC has announced it is to merge data centre biz VCE into its main organisation, buying out all but 10% of Cisco’s stake in the company.

The news comes weeks after EMC announced the buy of open cloud provider Cloudscaling, and can be seen as an advancement of the ménage a trois-esque relationship between EMC, VMware and Cisco in ownership of VCE.

The converged infrastructure (CI) provider was originally set up as a joint venture between EMC, VMware and Cisco in order...

By James Bourne, 22 October 2014, 0 comments. Categories: Big Data, Data & Analytics, Data Centres, M&A, VMware.

SAP’s Q3 results show solid cloud growth, but is it good enough for THE cloud company?

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SAP has released its third quarter results, with cloud subscriptions and total revenue going up over 2013 figures, but software revenues taking a downturn.

Cloud subscriptions and support hit €738 million (£584.1m), a jump of 51% from Q313’s €488m (£386.2m), at an increase of 51%....

By James Bourne, 20 October 2014, 0 comments. Categories: M&A, SAP.

Rackspace abandons takeover plans, appoints Taylor Rhodes as CEO

Open source cloud provider Rackspace has dismissed all merger and acquisition discussion to continue with its current independent trajectory – and has named Taylor Rhodes as new chief executive.

Rhodes joined Rackspace in 2007 and was appointed president of the company back in January. He takes over from Graham Weston, CEO from 1999 to 2006, who had temporarily held the fort since the shock retirement of Lanham Napier in February.

“Our board conducted a thorough search of highly qualified internal...

By James Bourne, 17 September 2014, 0 comments. Categories: Hybrid, M&A.